A look at Netscout Systems Inc’s (NTCT) recent performance gives investors their first glimpse of hope.

On Friday, Netscout Systems Inc (NASDAQ: NTCT) opened higher 0.10% from the last session, before settling in for the closing price of $20.71. Price fluctuations for NTCT have ranged from $18.60 to $31.50 over the past 52 weeks.

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Technology Sector giant saw their annual sales slid by -2.23% over the last five years. Company’s average yearly earnings per share was noted -3.64% at the time writing. With a float of $68.83 million, this company’s outstanding shares have now reached $71.40 million.

The firm has a total of 2296 workers. Let’s measure their productivity.

Netscout Systems Inc (NTCT) Insider Activity

A key investor’s attitude towards the stock of the Software – Infrastructure industry is another important factor to consider. The insider ownership of Netscout Systems Inc is 3.62%, while institutional ownership is 92.36%. The most recent insider transaction that took place on May 14 ’24, was worth 102,055. In this transaction Chief Operating Officer of this company sold 5,000 shares at a rate of $20.41, taking the stock ownership to the 21,084 shares. Before that another transaction happened on Feb 16 ’24, when Company’s EVP, World-Wide Sales sold 3,000 for $21.93, making the entire transaction worth $65,790. This insider now owns 111,115 shares in total.

Netscout Systems Inc (NTCT) Earnings and Forecasts

According to the Wall Street analysts, stocks earnings will be around -3.64% per share during the next fiscal year. For the long-term projections, market analysts anticipate that the company’s EPS will surge by 1.78% during the next five years compared to -17.25% drop over the previous five years of trading.

Netscout Systems Inc (NASDAQ: NTCT) Trading Performance Indicators

Check out the current performance indicators for Netscout Systems Inc (NTCT). In the past quarter, the stock posted a quick ratio of 1.65. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 1.78. Likewise, its price to free cash flow for the trailing twelve months is 28.22.

For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is -2.08, a number that is poised to hit 0.12 in the next quarter and is forecasted to reach 2.18 in one year’s time.

Technical Analysis of Netscout Systems Inc (NTCT)

Analysing the last 5-days average volume posted by the [Netscout Systems Inc, NTCT], we can find that recorded value of 0.48 million was lower than the volume posted last year of 0.63 million. As of the previous 9 days, the stock’s Stochastic %D was 59.74%. Additionally, its Average True Range was 0.58.

During the past 100 days, Netscout Systems Inc’s (NTCT) raw stochastic average was set at 36.60%, which indicates a significant decrease from 74.22% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 20.92% in the past 14 days, which was lower than the 36.47% volatility it showed in the past 100 days.

At the time of writing, stock’s 50-day Moving Average is $20.49, while its 200-day Moving Average is $22.77. Now, the first resistance to watch is $20.87. This is followed by the second major resistance level at $21.02. The third major resistance level sits at $21.12. If the price goes on to break the first support level at $20.62, it is likely to go to the next support level at $20.52. Should the price break the second support level, the third support level stands at $20.37.

Netscout Systems Inc (NASDAQ: NTCT) Key Stats

There are currently 71,416K shares outstanding in the company with a market cap of 1.48 billion. Presently, the company’s annual sales total 829,460 K according to its annual income of -147,730 K. Last quarter, the company’s sales amounted to 203,440 K and its income totaled -32,420 K.