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NASDAQ:NTGR

NETGEAR (NTGR) Stock Price, News & Analysis

NETGEAR logo
$24.15 0.00 (0.00%)
(As of 11/15/2024 ET)

About NETGEAR Stock (NASDAQ:NTGR)

Key Stats

Today's Range
$23.88
$24.52
50-Day Range
$15.91
$24.67
52-Week Range
$10.48
$25.06
Volume
500,111 shs
Average Volume
337,762 shs
Market Capitalization
$694.80 million
P/E Ratio
37.15
Dividend Yield
N/A
Price Target
$13.00
Consensus Rating
Hold

Company Overview

NETGEAR, Inc. provides connectivity solutions the Americas; Europe, the Middle East, Africa; and the Asia Pacific. The company operates in two segments, Connected Home, and NETGEAR for Business. The Connected Home segment offers Wi-Fi routers and home Wi-Fi mesh systems, Wi-Fi hotspots, digital displays, broadband modems, Wi-Fi gateways, Wi-Fi range extenders, powerline adapters, and Wi-Fi network adapters; and provides value-added service offerings, including security and privacy, technical support, and parental controls. The NETGEAR for Business segment provides pro AV Solutions; pro routers; enterprise grade cloud managed or standalone access points; general purpose ethernet switches; NETGEAR Insight remote management software; and NETGEAR engage controller. It markets and sells its products through wholesale distributors, traditional and online retailers, direct market resellers, value-added resellers, and broadband service providers, as well as through its direct online store. The company was incorporated in 1996 and is headquartered in San Jose, California.

NETGEAR Stock Analysis - MarketRank™

See Top Rated MarketRank™ Stocks
74th Percentile Overall Score

NTGR MarketRank™: 

NETGEAR scored higher than 74% of companies evaluated by MarketBeat, and ranked 289th out of 659 stocks in the computer and technology sector. Scores are calculated by averaging available category scores, with extra weight given to analysis and valuation.

  • Consensus Rating

    NETGEAR has received a consensus rating of Hold. The company's average rating score is 2.00, and is based on no buy ratings, 1 hold rating, and no sell ratings.

  • Amount of Analyst Coverage

    NETGEAR has received no research coverage in the past 90 days.

  • Read more about NETGEAR's stock forecast and price target.
  • Earnings Growth

    Earnings for NETGEAR are expected to grow in the coming year, from ($1.97) to ($1.62) per share.

  • Price to Earnings Ratio vs. the Market

    The P/E ratio of NETGEAR is 37.15, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 110.60.

  • Price to Earnings Ratio vs. Sector

    The P/E ratio of NETGEAR is 37.15, which means that it is trading at a less expensive P/E ratio than the Computer and Technology sector average P/E ratio of about 203.89.

  • Price to Book Value per Share Ratio

    NETGEAR has a P/B Ratio of 1.26. P/B Ratios below 3 indicates that a company is reasonably valued with respect to its assets and liabilities.

  • Read more about NETGEAR's valuation and earnings.
  • Percentage of Shares Shorted

    2.78% of the float of NETGEAR has been sold short.
  • Short Interest Ratio / Days to Cover

    NETGEAR has a short interest ratio ("days to cover") of 2.2, which is generally considered an acceptable ratio of short interest to trading volume.
  • Change versus previous month

    Short interest in NETGEAR has recently increased by 1.01%, indicating that investor sentiment is decreasing.
  • Dividend Yield

    NETGEAR does not currently pay a dividend.

  • Dividend Growth

    NETGEAR does not have a long track record of dividend growth.

  • Percentage of Shares Shorted

    2.78% of the float of NETGEAR has been sold short.
  • Short Interest Ratio / Days to Cover

    NETGEAR has a short interest ratio ("days to cover") of 2.2, which is generally considered an acceptable ratio of short interest to trading volume.
  • Change versus previous month

    Short interest in NETGEAR has recently increased by 1.01%, indicating that investor sentiment is decreasing.
  • News Sentiment

    NETGEAR has a news sentiment score of 1.46. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This is a higher news sentiment than the 0.60 average news sentiment score of Computer and Technology companies.
  • News Coverage This Week

    MarketBeat has tracked 4 news articles for NETGEAR this week, compared to 3 articles on an average week.
  • Search Interest

    5 people have searched for NTGR on MarketBeat in the last 30 days. This is an increase of 67% compared to the previous 30 days.
  • Insider Buying vs. Insider Selling

    In the past three months, NETGEAR insiders have sold more of their company's stock than they have bought. Specifically, they have bought $0.00 in company stock and sold $50,000.00 in company stock.

  • Percentage Held by Insiders

    Only 7.00% of the stock of NETGEAR is held by insiders.

  • Percentage Held by Institutions

    82.97% of the stock of NETGEAR is held by institutions. High institutional ownership can be a signal of strong market trust in this company.

  • Read more about NETGEAR's insider trading history.
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NTGR Stock News Headlines

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Netgear Exceeds Q3 Forecasts and Boosts Cash Reserves
Netgear reports Q3 EPS 17c, one estimate (4c)
NETGEAR’s Q3 2024 Performance Shows Strong Turnaround
See More Headlines

NTGR Stock Analysis - Frequently Asked Questions

NETGEAR's stock was trading at $14.58 at the beginning of 2024. Since then, NTGR shares have increased by 65.6% and is now trading at $24.15.
View the best growth stocks for 2024 here
.

NETGEAR, Inc. (NASDAQ:NTGR) posted its quarterly earnings data on Wednesday, October, 25th. The communications equipment provider reported $0.23 earnings per share for the quarter, topping the consensus estimate of ($0.04) by $0.27. The firm's revenue was down 20.7% compared to the same quarter last year.

The following companies are subsidiaries of NETGEAR: Meural, Placemeter, Avaak, CP Secure, Infrant Technologies, and SkipJam.

NETGEAR's top institutional investors include State Street Corp (2.41%), Geode Capital Management LLC (2.34%), Charles Schwab Investment Management Inc. (1.77%) and Jacobs Levy Equity Management Inc. (1.44%). Insiders that own company stock include Heidi Cormack, Michael A Werdann, Andrew Wonki Kim, Thomas H Waechter, Martin Westhead, Sarah Butterfass and Vikram Mehta.
View institutional ownership trends
.

Shares of NTGR stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.
Compare Top Brokerages Here.

Based on aggregate information from My MarketBeat watchlists, some other companies that NETGEAR investors own include American Water Works (AWK), Humana (HUM), Waste Connections (WCN), The RMR Group (RMR), DiamondRock Hospitality (DRH), Voyager Therapeutics (VYGR) and AUO (AUOTY).

Company Calendar

Last Earnings
10/25/2023
Today
11/17/2024
Fiscal Year End
12/31/2024
Next Earnings (Estimated)
2/05/2025

Industry, Sector and Symbol

Industry
Telephone & telegraph apparatus
Sub-Industry
Communications Equipment
Current Symbol
NASDAQ:NTGR
CUSIP
64111Q10
Employees
622
Year Founded
1996

Price Target and Rating

Average Stock Price Target
$13.00
High Stock Price Target
$13.00
Low Stock Price Target
$13.00
Potential Upside/Downside
-46.2%
Consensus Rating
Hold
Rating Score (0-4)
2.00
Research Coverage
1 Analysts

Profitability

Net Income
$-104,770,000.00
Pretax Margin
5.28%

Debt

Sales & Book Value

Annual Sales
$680.01 million
Book Value
$19.13 per share

Miscellaneous

Free Float
26,756,000
Market Cap
$694.80 million
Optionable
Optionable
Beta
0.83

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This page (NASDAQ:NTGR) was last updated on 11/17/2024 by MarketBeat.com Staff
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