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NetApp is a computer hardware business based in the US. NetApp shares (NTAP) are listed on the NASDAQ and all prices are listed in US Dollars. NetApp employs 12,000 staff and has a trailing 12-month revenue of around $6.5 billion.
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| Latest market close | $67.62 |
|---|---|
| 52-week range | $57.61 - $89.69 |
| 50-day moving average | $65.29 |
| 200-day moving average | $68.42 |
| Wall St. target price | $76.85 |
| PE ratio | 9.9711 |
| Dividend yield | $2 (3.05%) |
| Earnings per share (TTM) | $6.57 |
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The technical analysis gauge below displays real-time ratings for the timeframes you select. This is not a recommendation, however. It represents a technical analysis based on the most popular technical indicators: Moving Averages, Oscillators and Pivots. Finder might not concur and takes no responsibility.
This chart is not advice or a guarantee of success. Rather, it gauges the real-time recommendations of three popular technical indicators: moving averages, oscillators and pivots. Finder is not responsible for how your stock performs.
Historical closes compared with the close of $67.62 from 2023-02-03
| 1 week (2023-01-31) | 2.10% |
|---|---|
| 1 month (2023-01-06) | 6.24% |
| 3 months (2022-11-07) | -2.55% |
| 6 months (2022-08-05) | -6.56% |
| 1 year (2022-02-07) | -22.57% |
|---|---|
| 2 years (2021-02-05) | 1.63% |
| 3 years (2020-02-07) | 25.83% |
| 5 years (2018-02-07) | 35.63% |
Valuing NetApp stock is incredibly difficult, and any metric has to be viewed as part of a bigger picture of NetApp's overall performance. However, analysts commonly use some key metrics to help gauge the value of a stock.
NetApp's current share price divided by its per-share earnings (EPS) over a 12-month period gives a "trailing price/earnings ratio" of roughly 10x. In other words, NetApp shares trade at around 10x recent earnings.
That's relatively low compared to, say, the trailing 12-month P/E ratio for the NASDAQ 100 at the end of 2019 (27.29). The low P/E ratio could mean that investors are pessimistic about the outlook for the shares or simply that they're under-valued.
NetApp's "price/earnings-to-growth ratio" can be calculated by dividing its P/E ratio by its growth – to give 1.0619. A low ratio can be interpreted as meaning the shares offer better value, while a higher ratio can be interpreted as meaning the shares offer worse value.
The PEG ratio provides a broader view than just the P/E ratio, as it gives more insight into NetApp's future profitability. By accounting for growth, it could also help you if you're comparing the share prices of multiple high-growth companies.
NetApp's EBITDA (earnings before interest, taxes, depreciation and amortisation) is $1.4 billion.
The EBITDA is a measure of a NetApp's overall financial performance and is widely used to measure a its profitability.
| Revenue TTM | $6.5 billion |
|---|---|
| Operating margin TTM | 18.37% |
| Gross profit TTM | $4.2 billion |
| Return on assets TTM | 7.91% |
| Return on equity TTM | 150.43% |
| Profit margin | 22.52% |
| Book value | $5.54 |
| Market capitalisation | $14.1 billion |
TTM: trailing 12 months
Dividend payout ratio: 36.1% of net profits
Recently NetApp has paid out, on average, around 36.1% of net profits as dividends. That has enabled analysts to estimate a "forward annual dividend yield" of 3.05% of the current stock value. This means that over a year, based on recent payouts (which are sadly no guarantee of future payouts), NetApp shareholders could enjoy a 3.05% return on their shares, in the form of dividend payments. In NetApp's case, that would currently equate to about $2 per share.
While NetApp's payout ratio might seem fairly standard, it's worth remembering that NetApp may be investing much of the rest of its net profits in future growth.
NetApp's most recent dividend payout was on 24 January 2023. The latest dividend was paid out to all shareholders who bought their shares by 4 January 2023 (the "ex-dividend date").
NetApp's shares were split on a 2:1 basis on 22 March 2000. So if you had owned 1 share the day before before the split, the next day you'd have owned 2 shares. This wouldn't directly have changed the overall worth of your NetApp shares – just the quantity. However, indirectly, the new 50% lower share price could have impacted the market appetite for NetApp shares which in turn could have impacted NetApp's share price.
Over the last 12 months, NetApp's shares have ranged in value from as little as $57.6111 up to $89.6883. A popular way to gauge a stock's volatility is its "beta".
Beta is a measure of a share's volatility in relation to the market. The market (NASDAQ average) beta is 1, while NetApp's is 1.1545. This would suggest that NetApp's shares are a little bit more volatile than the average for this exchange and represent, relatively-speaking, a slightly higher risk (but potentially also market-beating returns).
NetApp, Inc. provides cloud-led and data-centric services to manage and share data on-premises, and private and public clouds worldwide. It operates in two segments, Hybrid Cloud and Public Could. The company offers intelligent data management software, such as NetApp ONTAP, NetApp Snapshot, NetApp SnapCenter Backup Management, NetApp SnapMirror Data Replication, NetApp SnapLock Data Compliance, NetApp ElementOS software, and NetApp SANtricity software; and storage infrastructure solutions, including NetApp All-Flash FAS series, NetApp Fabric Attached Storage, NetApp FlexPod, NetApp E/EF series, NetApp StorageGRID, and NetApp SolidFire. It also provides cloud storage and data services comprising NetApp Cloud Volumes ONTAP, Azure NetApp Files, Amazon FSx for NetApp ONTAP, NetApp Cloud Volumes Service for Google Cloud, NetApp Cloud Sync, NetApp Cloud Tiering, NetApp Cloud Backup, NetApp Cloud Data Sense, and NetApp Cloud Volumes Edge Cache; and cloud operations services, such as NetApp Cloud Insights, Spot Ocean Kubernetes Suite, Spot Security, Spot Eco, and Spot CloudCheckr. In addition, the company offers application-aware data management service under the NetApp Astra name; and professional and support services, such as strategic consulting, professional, managed, and support services. Further, it provides assessment, design, implementation, and migration services.
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