NETGEAR, Inc. (NASDAQ:NTGR - Free Report) - Analysts at Zacks Research cut their Q1 2025 earnings per share (EPS) estimates for NETGEAR in a note issued to investors on Tuesday, February 25th. Zacks Research analyst V. Doshi now expects that the communications equipment provider will post earnings per share of ($0.51) for the quarter, down from their prior forecast of ($0.48). The consensus estimate for NETGEAR's current full-year earnings is ($1.84) per share. Zacks Research also issued estimates for NETGEAR's Q2 2025 earnings at ($0.44) EPS, Q3 2025 earnings at ($0.35) EPS, Q4 2025 earnings at ($0.22) EPS, FY2025 earnings at ($1.53) EPS, Q1 2026 earnings at ($0.31) EPS, Q2 2026 earnings at ($0.28) EPS, Q3 2026 earnings at ($0.27) EPS, Q4 2026 earnings at ($0.11) EPS and FY2026 earnings at ($0.98) EPS.
Other equities analysts have also recently issued reports about the stock. Raymond James lifted their price objective on shares of NETGEAR from $22.00 to $29.00 and gave the stock an "outperform" rating in a research note on Thursday, February 6th. StockNews.com lowered NETGEAR from a "buy" rating to a "hold" rating in a research report on Monday.
Read Our Latest Stock Report on NETGEAR
NETGEAR Trading Down 0.4 %
NTGR traded down $0.10 during trading hours on Friday, hitting $24.77. The company's stock had a trading volume of 447,525 shares, compared to its average volume of 373,073. The stock has a market cap of $715.09 million, a price-to-earnings ratio of 61.93 and a beta of 0.83. The business's 50-day moving average price is $27.49 and its 200-day moving average price is $23.48. NETGEAR has a 12 month low of $10.48 and a 12 month high of $31.55.
NETGEAR (NASDAQ:NTGR - Get Free Report) last released its quarterly earnings data on Wednesday, February 5th. The communications equipment provider reported ($0.24) earnings per share (EPS) for the quarter, hitting analysts' consensus estimates of ($0.24). NETGEAR had a negative return on equity of 9.24% and a net margin of 1.83%.
Insiders Place Their Bets
In other NETGEAR news, CEO Charles J. Prober sold 10,929 shares of the business's stock in a transaction that occurred on Thursday, February 20th. The stock was sold at an average price of $26.64, for a total transaction of $291,148.56. Following the completion of the transaction, the chief executive officer now owns 507,763 shares in the company, valued at $13,526,806.32. The trade was a 2.11 % decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available at this link. Also, Director Thomas H. Waechter sold 2,000 shares of the company's stock in a transaction that occurred on Wednesday, December 18th. The shares were sold at an average price of $30.42, for a total value of $60,840.00. Following the transaction, the director now directly owns 61,135 shares in the company, valued at approximately $1,859,726.70. This represents a 3.17 % decrease in their position. The disclosure for this sale can be found here. 7.00% of the stock is owned by insiders.
Hedge Funds Weigh In On NETGEAR
A number of hedge funds have recently added to or reduced their stakes in the stock. Quarry LP lifted its holdings in shares of NETGEAR by 66.5% in the 3rd quarter. Quarry LP now owns 1,856 shares of the communications equipment provider's stock worth $37,000 after buying an additional 741 shares during the period. R Squared Ltd bought a new position in NETGEAR during the 4th quarter worth about $72,000. New York State Teachers Retirement System purchased a new position in NETGEAR during the 4th quarter valued at about $72,000. Summit Investment Advisors Inc. raised its holdings in shares of NETGEAR by 19.6% in the 4th quarter. Summit Investment Advisors Inc. now owns 2,917 shares of the communications equipment provider's stock valued at $81,000 after purchasing an additional 479 shares in the last quarter. Finally, Meeder Asset Management Inc. purchased a new position in NETGEAR during the third quarter valued at approximately $91,000. 82.97% of the stock is currently owned by institutional investors.
About NETGEAR
(
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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.
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