NETGEAR (NTGR) Stock Price, News & Analysis

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.

Key Stats

• Today's Range: $26.04 to $29.44
• 50-Day Range: $20.16 to $28.00
• 52-Week Range: $10.48 to $31.55
• Volume: 1.11 million shs
• Average Volume: 277,242 shs
• Market Capitalization: $805.56 million
• P/E Ratio: 43.08
• Dividend Yield: N/A
• Price Target: $13.00
• Consensus Rating: Hold

NETGEAR Stock Analysis - MarketRank™

NETGEAR scored higher than 70% of companies evaluated by MarketBeat, and ranked 268th out of 653 stocks in the computer and technology sector. Scores are calculated by averaging available category scores, with extra weight given to analysis and valuation.

Analyst's Opinion

• Score: 1.0 / 5
• Analyst Rating: Hold

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.

Earnings and Valuation

• Score: 1.3 / 5
• Proj. Earnings Growth: Decreasing

Earnings Growth

Earnings for NETGEAR are expected to decrease in the coming year, from ($1.66) to ($1.84) per share.

Price to Earnings Ratio vs. the Market

The P/E ratio of NETGEAR is 43.08, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 113.29.

Price to Earnings Ratio vs. Sector

The P/E ratio of NETGEAR is 43.08, 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 238.11.

Price to Book Value per Share Ratio

NETGEAR has a P/B Ratio of 1.55. P/B Ratios below 3 indicates that a company is reasonably valued with respect to its assets and liabilities.

Short Interest

• Score: 5.0 / 5
• Short Interest Level: Healthy

Percentage of Shares Shorted

3.14% 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 decreased by 6.42%, indicating that investor sentiment is improving significantly.

Dividend

• Score: 0.0 / 5
• Dividend Strength: N/A

Dividend Yield

NETGEAR does not currently pay a dividend.

Dividend Growth

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

Sustainability and ESG

• Score: 3.8 / 5
• Environmental Score: -0.88

Percentage of Shares Shorted

3.14% 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 decreased by 6.42%, indicating that investor sentiment is improving significantly.

News and Social Media

• Score: 2.5 / 5
• News Sentiment: 0.42

News Sentiment

NETGEAR has a news sentiment score of 0.42. 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 lower news sentiment than the 0.64 average news sentiment score of Computer and Technology companies.

News Coverage This Week

MarketBeat has tracked 11 news articles for NETGEAR this week, compared to 3 articles on an average week.

Search Interest

Only 2 people have searched for NTGR on MarketBeat in the last 30 days. This is a decrease of -60% compared to the previous 30 days.

MarketBeat Follows

5 people have added NETGEAR to their MarketBeat watchlist in the last 30 days.

Company Ownership

• Score: 2.5 / 5
• Insider Trading: Selling Shares

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 $60,840.00 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.

NTGR Stock Analysis - Frequently Asked Questions

How have NTGR shares performed this year?

NETGEAR's stock was trading at $14.58 at the start of the year. Since then, NTGR stock has increased by 92.0% and is now trading at $28.00.
View the best growth stocks for 2024 here.

How were NETGEAR's earnings last quarter?

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

Does NETGEAR have any subsidiaries?

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

Who are NETGEAR's major shareholders?

Top institutional investors of NETGEAR 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.

How do I buy shares of NETGEAR?

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.

What other stocks do shareholders of NETGEAR own?

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: 12/21/2024
• Fiscal Year End: 12/31/2024

Industry, Sector and Symbol

• Stock Exchange: NASDAQ
• Sector: Computer and Technology
• Industry: Telephone & telegraph apparatus
• Sub-Industry: Communications Equipment
• Current Symbol: NASDAQ:NTGR
• CUSIP: 64111Q10
• CIK: 1122904
• Web: www.netgear.com
• Phone: (408) 907-8000
• Fax: 408-907-8097
• 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: -53.6%
• Consensus Rating: Hold
• Rating Score (0-4): 2.00
• Research Coverage: 1 Analysts

Profitability

• EPS (Most Recent Fiscal Year): $0.65
• Trailing P/E Ratio: 43.08
• Forward P/E Ratio: N/A
• P/E Growth: N/A
• Net Income: $-104,770,000.00
• Net Margins: 2.88%
• Pretax Margin: 5.28%
• Return on Equity: -8.06%
• Return on Assets: -5.08%

Debt

• Debt-to-Equity Ratio: N/A
• Current Ratio: 2.84
• Quick Ratio: 2.24

Sales & Book Value

• Annual Sales: $680.01 million
• Price / Sales: 1.18
• Cash Flow: N/A
• Price / Cash Flow: N/A
• Book Value: $18.09 per share
• Price / Book: 1.55

Miscellaneous

• Outstanding Shares: 28,770,000
• Free Float: 26,756,000
• Market Cap: $805.56 million
• Optionable: Optionable
• Beta: 0.86