Our top pick for
NetApp, Inc 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 10,800 staff and has a trailing 12-month revenue of around USD$5.5 billion.
|52-week range||USD$33.2575 - USD$71.68|
|50-day moving average||USD$66.83|
|200-day moving average||USD$53.7458|
|Wall St. target price||USD$68.27|
|Dividend yield||USD$1.92 (2.7%)|
|Earnings per share (TTM)||USD$3.067|
*Signup bonus information updated weekly.
The value of any investment can go up or down depending on news, trends and market conditions. We are not investment advisers, so do your own due diligence to understand the risks before you invest.
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.
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 23x. In other words, NetApp shares trade at around 23x 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 1.4526. 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 USD$1.1 billion.
The EBITDA is a measure of a NetApp's overall financial performance and is widely used to measure a its profitability.
|Revenue TTM||USD$5.5 billion|
|Operating margin TTM||16.64%|
|Gross profit TTM||USD$3.6 billion|
|Return on assets TTM||7.23%|
|Return on equity TTM||151.66%|
|Market capitalisation||USD$15.5 billion|
TTM: trailing 12 months
There are currently 10.5 million NetApp shares held short by investors – that's known as NetApp's "short interest". This figure is 1.1% down from 10.6 million last month.
There are a few different ways that this level of interest in shorting NetApp shares can be evaluated.
NetApp's "short interest ratio" (SIR) is the quantity of NetApp shares currently shorted divided by the average quantity of NetApp shares traded daily (recently around 2.0 million). NetApp's SIR currently stands at 5.38. In other words for every 100,000 NetApp shares traded daily on the market, roughly 5380 shares are currently held short.
However NetApp's short interest can also be evaluated against the total number of NetApp shares, or, against the total number of tradable NetApp shares (the shares that aren't held by "insiders" or major long-term shareholders – also known as the "float"). In this case NetApp's short interest could be expressed as 0.05% of the outstanding shares (for every 100,000 NetApp shares in existence, roughly 50 shares are currently held short) or 0.0795% of the tradable shares (for every 100,000 tradable NetApp shares, roughly 80 shares are currently held short).
A SIR below 10% would generally be considered to indicate a fairly optimistic outlook for the share price, with fewer people currently willing to bet against NetApp.
Find out more about how you can short NetApp stock.
Environmental, social and governance (known as ESG) criteria are a set of three factors used to measure the sustainability and social impact of companies like NetApp.
When it comes to ESG scores, lower is better, and lower scores are generally associated with lower risk for would-be investors.
Total ESG risk: 24.49
Socially conscious investors use ESG scores to screen how an investment aligns with their worldview, and NetApp's overall score of 24.49 (as at 01/01/2019) is pretty good – landing it in it in the 28th percentile of companies rated in the same sector.
ESG scores are increasingly used to estimate the level of risk a company like NetApp is exposed to within the areas of "environmental" (carbon footprint, resource use etc.), "social" (health and safety, human rights etc.), and "governance" (anti-corruption, tax transparency etc.).
Environmental score: 8.18/100
NetApp's environmental score of 8.18 puts it squarely in the 9th percentile of companies rated in the same sector. This could suggest that NetApp is a leader in its sector terms of its environmental impact, and exposed to a lower level of risk.
Social score: 17.4/100
NetApp's social score of 17.4 puts it squarely in the 9th percentile of companies rated in the same sector. This could suggest that NetApp is a leader in its sector when it comes to taking good care of its workforce and the communities it impacts.
Governance score: 14.42/100
NetApp's governance score puts it squarely in the 9th percentile of companies rated in the same sector. That could suggest that NetApp is a leader in its sector when it comes to responsible management and strategy, and exposed to a lower level of risk.
|Total ESG score||24.49|
|Total ESG percentile||28.1|
|Environmental score percentile||9|
|Social score percentile||9|
|Governance score percentile||9|
Dividend payout ratio: 46.49% of net profits
Recently NetApp has paid out, on average, around 46.49% of net profits as dividends. That has enabled analysts to estimate a "forward annual dividend yield" of 2.7% 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 2.7% return on their shares, in the form of dividend payments. In NetApp's case, that would currently equate to about $1.92 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 27 January 2021. The latest dividend was paid out to all shareholders who bought their shares by 7 January 2021 (the "ex-dividend date").
NetApp's shares were split on a 2:1 basis on 23 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 $33.2575 up to $71.68. 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 1.2855. This would suggest that NetApp's shares are more volatile than the average for this exchange and represent, relatively-speaking, a higher risk (but potentially also market-beating returns).
NetApp, Inc. provides software, systems, and services to manage and share data on-premises, and private and public clouds worldwide. The company offers cloud data services, including NetApp Cloud Volumes Service for AWS, NetApp Cloud Sync, NetApp Cloud Tiering, NetApp Global File Cache, NetApp SaaS Backup, NetApp Cloud Manager, NetApp Fabric Orchestrator, and NetApp Cloud Insights. It also provides hybrid cloud solutions, such as NetApp ONTAP Storage Operating System, NetApp AFF A-series, NetApp AFF C190, NetApp FAS Series, FlexPod, NetApp ONTAP Select, NetApp MAX Data, NetApp Data Availability Services, NetApp SnapCenter Backup Management Software, NetApp SnapMirror Data Replication Software, NetApp SnapLock Data Compliance Software, NetApp StorageGRID Object Storage Software, NetApp Element Operating System, NetApp SolidFire, NetApp HCI, NetApp SANtricity Storage Operating System, NetApp EF-Series, NetApp E-Series, NetApp Active IQ Predictive Analytics and Support, NetApp OnCommand Insight, and NetApp OnCommand Workflow Automation. Further, it provides software maintenance, hardware maintenance, and other services, including professional services, global support solutions, and customer education and training. It serves the energy, financial services, government, high technology, internet, life sciences, healthcare services, manufacturing, media, entertainment, animation, video postproduction, and telecommunications through a direct sales force and an ecosystem of partners. NetApp has strategic partnership with Fujitsu for data management infrastructure. NetApp, Inc. was founded in 1992 and is headquartered in Sunnyvale, California.
Everything we know about the Toast Inc IPO, plus information on how to buy in.
Everything we know about the Cyxtera IPO, plus information on how to buy in.
Everything we know about the ATI Physical Therapy IPO, plus information on how to buy in.
Everything we know about the Sportradar IPO, plus information on how to buy in.
Everything we know about the Longboard Pharmaceuticals Inc IPO, plus information on how to buy in.
Everything we know about the Prometheus Biosciences Inc IPO, plus information on how to buy in.
Everything we know about the Olo Inc IPO, plus information on how to buy in.
Everything we know about the China Eco-Materials Group Co Limited IPO, plus information on how to buy in.
Everything we know about the Gain Therapeutics Inc IPO, plus information on how to buy in.
Everything we know about the Karat Packaging Inc IPO, plus information on how to buy in.
finder.com is an independent comparison platform and information service that aims to provide you with the tools you need to make better decisions. While we are independent, the offers that appear on this site are from companies from which finder.com receives compensation. We may receive compensation from our partners for placement of their products or services. We may also receive compensation if you click on certain links posted on our site. While compensation arrangements may affect the order, position or placement of product information, it doesn't influence our assessment of those products. Please don't interpret the order in which products appear on our Site as any endorsement or recommendation from us. finder.com compares a wide range of products, providers and services but we don't provide information on all available products, providers or services. Please appreciate that there may be other options available to you than the products, providers or services covered by our service.