NetScout Systems (NTCT) Expected to Announce Quarterly Earnings on Thursday

NetScout Systems (NASDAQ:NTCT - Get Free Report) is anticipated to issue its quarterly earnings data before the market opens on Thursday, January 23rd. Analysts expect the company to announce earnings of $0.74 per share and revenue of $224,460.00 billion for the quarter. Persons that are interested in registering for the company's earnings conference call can do so using this link.

NetScout Systems Price Performance

Shares of NASDAQ:NTCT traded down $0.23 on Thursday, hitting $22.05. The stock had a trading volume of 332,109 shares, compared to its average volume of 332,311. The company has a market capitalization of $1.58 billion, a price-to-earnings ratio of -2.63 and a beta of 0.58. The company has a debt-to-equity ratio of 0.05, a quick ratio of 1.63 and a current ratio of 1.68. The firm's 50 day moving average price is $22.01 and its 200-day moving average price is $20.78. NetScout Systems has a twelve month low of $17.10 and a twelve month high of $24.42.

Wall Street Analysts Forecast Growth

Separately, StockNews.com raised NetScout Systems from a "buy" rating to a "strong-buy" rating in a report on Tuesday, December 10th.

Insider Activity

In other news, COO Michael Szabados sold 6,500 shares of NetScout Systems stock in a transaction on Wednesday, October 30th. The stock was sold at an average price of $21.32, for a total value of $138,580.00. Following the completion of the sale, the chief operating officer now directly owns 42,489 shares of the company's stock, valued at approximately $905,865.48. This trade represents a 13.27 % decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink. 3.71% of the stock is owned by insiders.

NetScout Systems Company Profile

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.