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How to buy NetApp (NTAP) stocks
Learn how to easily invest in NetApp stocks.
NetApp is a computer hardware business based in the US. NetApp stocks (NTAP.US) are listed on the NASDAQ and all prices are listed in US Dollars. Its last market close was $83.52 – a decrease of 0.84% over the previous week. NetApp employs 12,000 staff and has a trailing 12-month revenue of around $6.5 billion.
How to buy stocks in NetApp
- Compare stock trading platforms. Use our comparison table to help you find a platform that fits you.
- Open your brokerage account. Complete an application with your details.
- Confirm your payment details. Fund your account.
- Research the stock. Find the stock by name or ticker symbol – NTAP – and research it before deciding if it's a good investment for you.
- Purchase now or later. Buy your desired number of stocks with a market order or use a limit order to delay your purchase until the stock reaches a desired price.
- Check in on your investment. Optimize your portfolio by tracking your stock.
What's in this guide?
- Can I buy shares in NetApp?
- Has coronavirus impacted NetApp shares?
- NetApp shares summary
- Compare share dealing platforms
- Is NetApp stock a buy or sell?
- NetApp performance over time
- Is NetApp suitable for ethical investing?
- Are NetApp shares over-valued?
- NetApp's financials
- How volatile are NetApp shares?
- Does NetApp pay a dividend?
- Have NetApp shares ever split?
- Other common questions
NetApp stock price (NASDAQ:NTAP)Use our graph to track the performance of NTAP stocks over time.
NetApp shares at a glance
|Latest market close||$62.94|
|52-week range||$60.78 - $95.45|
|50-day moving average||$71.17|
|200-day moving average||$77.58|
|Wall St. target price||$88.11|
|Dividend yield||$2 (3.15%)|
|Earnings per share (TTM)||$4.17|
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Note: The dollar amounts in the table below are in Canadian dollars.
Is it a good time to buy NetApp stock?
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.
NetApp price performance over time
|1 week (2022-09-23)||-0.84%|
|1 month (2022-08-30)||-12.92%|
|3 months (2022-06-30)||-3.53%|
|6 months (2022-03-29)||-28.58%|
|1 year (2021-09-30)||-29.88%|
|2 years (2020-09-30)||43.57%|
|3 years (2019-09-30)||19.86%|
|5 years (2017-09-29)||43.83%|
Is NetApp under- or over-valued?
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 P/E ratio
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 15x. In other words, NetApp shares trade at around 15x 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 PEG ratio
NetApp's "price/earnings-to-growth ratio" can be calculated by dividing its P/E ratio by its growth – to give 0.9569. 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||18.71%|
|Gross profit TTM||$4.2 billion|
|Return on assets TTM||8.07%|
|Return on equity TTM||137.84%|
|Market capitalisation||$13.8 billion|
TTM: trailing 12 months
NetApp's environmental, social and governance track record
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.
NetApp's total ESG risk score
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.).
NetApp's environmental score
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.
NetApp's social score
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.
NetApp's governance score
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.
NetApp share dividends
Dividend payout ratio: 37.45% of net profits
Recently NetApp has paid out, on average, around 37.45% of net profits as dividends. That has enabled analysts to estimate a "forward annual dividend yield" of 3.15% 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 3.15% 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 26 October 2022. The latest dividend was paid out to all shareholders who bought their shares by 6 October 2022 (the "ex-dividend date").
Have NetApp's shares ever split?
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.
NetApp share price volatility
Over the last 12 months, NetApp's shares have ranged in value from as little as $60.7764 up to $95.4538. 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 1.179. 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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