NetScout Systems (NASDAQ:NTCT - Get Free Report) issued its quarterly earnings data on Thursday. The technology company reported $0.78 earnings per share for the quarter, beating analysts' consensus estimates of $0.74 by $0.04, Zacks reports. NetScout Systems had a positive return on equity of 6.76% and a negative net margin of 50.90%. NetScout Systems updated its FY 2025 guidance to 2.150-2.250 EPS.
NetScout Systems Stock Performance
Shares of NTCT traded up $0.16 during midday trading on Monday, hitting $24.00. 419,595 shares of the stock traded hands, compared to its average volume of 410,759. The company has a debt-to-equity ratio of 0.05, a quick ratio of 1.78 and a current ratio of 1.81. The business's 50 day moving average price is $22.19 and its two-hundred day moving average price is $21.15. The firm has a market capitalization of $1.72 billion, a PE ratio of -4.10 and a beta of 0.60. NetScout Systems has a 1-year low of $17.10 and a 1-year high of $27.89.
Wall Street Analysts Forecast Growth
Several analysts have issued reports on the company. StockNews.com upgraded NetScout Systems from a "buy" rating to a "strong-buy" rating in a research note on Tuesday, December 10th. Royal Bank of Canada upped their price target on NetScout Systems from $22.00 to $25.00 and gave the company a "sector perform" rating in a research report on Friday.
View Our Latest Stock Analysis on NetScout Systems
About NetScout Systems
(
Get Free Report)
NetScout Systems, Inc provides service assurance and cybersecurity solutions for protect digital business services against disruptions in the United States, Europe, Asia, and internationally. The company offers nGeniusONE management software that enables customers to predict, preempt, and resolve network and service delivery problems, as well as facilitate the optimization and capacity planning of their network infrastructures; and specialized platforms and analytic modules that enable its customers to analyze and troubleshoot traffic in radio access and Wi-Fi networks.
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