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NetScout Systems (NTCT) Stock Price, News & Analysis

NetScout Systems logo
$21.47 +0.22 (+1.04%)
(As of 10:10 AM ET)

About NetScout Systems Stock (NASDAQ:NTCT)

Key Stats

Today's Range
$21.28
$21.48
50-Day Range
$19.53
$22.81
52-Week Range
$17.10
$24.42
Volume
19,382 shs
Average Volume
627,058 shs
Market Capitalization
$1.54 billion
P/E Ratio
N/A
Dividend Yield
N/A
Price Target
$22.00
Consensus Rating
Hold

Company Overview

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. It also provides nGeniusPULSE, an active testing tool that enables enterprises to identify infrastructure performance issues and determine application availability, reliability, and performance; and nGenius Business Analytics solution, which enables service providers to analyze their network traffic. In addition, the company offers ISNG, an advanced passive network probe; packet flow systems that deliver targeted network traffic access to various monitoring and security tools and systems; and a suite of test access points that enable non-disruptive access to network traffic. Further, it provides cybersecurity solutions to protect their networks against distributed denial of service attacks under the Arbor brand, such as Arbor Sightline, Arbor Threat Mitigation System, Arbor Insight, Arbor Edge Defense, and Arbor Cloud. Additionally, the company offers advanced threat detection solutions, such as Omnis Cyber Investigator. It serves enterprise customers in various industries, including financial services, technology, manufacturing, healthcare, utilities, education, transportation, and retail; mobile operators, wireline operators, cable operators, Internet service providers, and cloud providers; and governmental agencies through a direct sales force, and indirect reseller and distribution channels. The company was incorporated in 1984 and is headquartered in Westford, Massachusetts.

NetScout Systems Stock Analysis - MarketRank™

See Top Rated MarketRank™ Stocks
40th Percentile Overall Score

NTCT MarketRank™: 

NetScout Systems scored higher than 40% of companies evaluated by MarketBeat, and ranked 435th out of 650 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

    NetScout Systems 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

    NetScout Systems has received no research coverage in the past 90 days.

  • Read more about NetScout Systems' stock forecast and price target.
  • Earnings Growth

    Earnings for NetScout Systems are expected to grow by 9.37% in the coming year, from $1.60 to $1.75 per share.

  • Price to Earnings Ratio vs. the Market

    The P/E ratio of NetScout Systems is -2.53, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.

  • Price to Earnings Ratio vs. Sector

    The P/E ratio of NetScout Systems is -2.53, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.

  • Price to Book Value per Share Ratio

    NetScout Systems has a P/B Ratio of 1.04. P/B Ratios below 3 indicates that a company is reasonably valued with respect to its assets and liabilities.

  • Read more about NetScout Systems' valuation and earnings.
  • Percentage of Shares Shorted

    2.04% of the float of NetScout Systems has been sold short.
  • Short Interest Ratio / Days to Cover

    NetScout Systems has a short interest ratio ("days to cover") of 3, which is generally considered an acceptable ratio of short interest to trading volume.
  • Change versus previous month

    Short interest in NetScout Systems has recently decreased by 6.00%, indicating that investor sentiment is improving significantly.
  • Dividend Yield

    NetScout Systems does not currently pay a dividend.

  • Dividend Growth

    NetScout Systems does not have a long track record of dividend growth.

  • Percentage of Shares Shorted

    2.04% of the float of NetScout Systems has been sold short.
  • Short Interest Ratio / Days to Cover

    NetScout Systems has a short interest ratio ("days to cover") of 3, which is generally considered an acceptable ratio of short interest to trading volume.
  • Change versus previous month

    Short interest in NetScout Systems has recently decreased by 6.00%, indicating that investor sentiment is improving significantly.
  • News Sentiment

    NetScout Systems has a news sentiment score of 1.14. 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 0.58 average news sentiment score of Computer and Technology companies.
  • News Coverage This Week

    MarketBeat has tracked 2 news articles for NetScout Systems this week, compared to 2 articles on an average week.
  • Search Interest

    1 people have searched for NTCT on MarketBeat in the last 30 days.
  • MarketBeat Follows

    2 people have added NetScout Systems to their MarketBeat watchlist in the last 30 days. This is an increase of 100% compared to the previous 30 days.
  • Insider Buying vs. Insider Selling

    In the past three months, NetScout Systems insiders have sold more of their company's stock than they have bought. Specifically, they have bought $0.00 in company stock and sold $652,051.00 in company stock.

  • Percentage Held by Insiders

    Only 3.71% of the stock of NetScout Systems is held by insiders.

  • Percentage Held by Institutions

    91.64% of the stock of NetScout Systems is held by institutions. High institutional ownership can be a signal of strong market trust in this company.

  • Read more about NetScout Systems' insider trading history.
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NTCT Stock News Headlines

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It's a groundbreaking opportunity that could be poised for extraordinary gains. The catalyst behind this surge is a massive new blockchain development…
RBC Capital Reaffirms Their Hold Rating on Netscout Systems (NTCT)
NetScout reports Q2 EPS 47c, consensus 45c
See More Headlines

NTCT Stock Analysis - Frequently Asked Questions

NetScout Systems' stock was trading at $21.95 at the start of the year. Since then, NTCT shares have decreased by 3.2% and is now trading at $21.25.
View the best growth stocks for 2024 here
.

NetScout Systems, Inc. (NASDAQ:NTCT) announced its quarterly earnings results on Thursday, July, 25th. The technology company reported $0.28 EPS for the quarter, beating the consensus estimate of $0.12 by $0.16. The business's revenue was down 17.3% compared to the same quarter last year.

NetScout Systems subsidiaries include these companies: Gigavation Incorporated, Eastwind, Efflux Systems, Avvasi Inc, Danaher - Communications, OnPath Technologies, Simena, and more.

NetScout Systems' top institutional investors include State Street Corp (4.32%), Pacer Advisors Inc. (2.87%), Geode Capital Management LLC (2.69%) and Charles Schwab Investment Management Inc. (1.63%). Insiders that own company stock include John Downing, Joseph G Hadzima Jr, Jean A Bua and Michael Szabados.
View institutional ownership trends
.

Shares of NTCT 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 NetScout Systems investors own include Humana (HUM), American Water Works (AWK), Waste Connections (WCN), Voyager Therapeutics (VYGR), The RMR Group (RMR), DiamondRock Hospitality (DRH) and AUO (AUOTY).

Company Calendar

Last Earnings
7/25/2024
Today
11/21/2024
Next Earnings (Estimated)
1/23/2025
Fiscal Year End
3/31/2025

Industry, Sector and Symbol

Industry
Computer integrated systems design
Sub-Industry
Application Software
Current Symbol
NASDAQ:NTCT
CUSIP
64115T10
Employees
2,296
Year Founded
1984

Price Target and Rating

Average Stock Price Target
$22.00
High Stock Price Target
$22.00
Low Stock Price Target
$22.00
Potential Upside/Downside
+3.5%
Consensus Rating
Hold
Rating Score (0-4)
2.00
Research Coverage
1 Analysts

Profitability

Net Income
$-147,730,000.00
Pretax Margin
-77.24%

Debt

Sales & Book Value

Annual Sales
$787.19 million
Cash Flow
$5.30 per share
Book Value
$26.64 per share

Miscellaneous

Free Float
69,056,000
Market Cap
$1.52 billion
Optionable
Optionable
Beta
0.58

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This page (NASDAQ:NTCT) was last updated on 11/21/2024 by MarketBeat.com Staff
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