Netapp Inc (NASDAQ: NTAP) started the day on Wednesday, with a price decrease of -5.53% at $122.43, before settling in for the price of $129.60 at the close. Taking a more long-term approach, NTAP posted a 52-week range of $77.56-$135.45.
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In the past 5-years timespan, the Technology sector firm’s annual sales growth was 0.68%. Meanwhile, its Annual Earning per share during the time was 0.51%. Nevertheless, stock’s Earnings Per Share (EPS) this year is 13.15%. This publicly-traded company’s shares outstanding now amounts to $206.00 million, simultaneously with a float of $202.47 million. The organization now has a market capitalization sitting at $23.51 billion. At the time of writing, stock’s 50-day Moving Average stood at $122.31, while the 200-day Moving Average is $116.11.
Netapp Inc (NTAP) Ownership Facts and Figures
Now let’s turn our focus to how large-scale investors are working with this stock of the Computer Hardware Industry. Netapp Inc’s current insider ownership accounts for 0.41%, in contrast to 94.52% institutional ownership. According to the most recent insider trade that took place on Nov 18 ’24, this organization’s Director sold 3,333 shares at the rate of 119.23, making the entire transaction reach 397,392 in total value, affecting insider ownership by 9,277. Preceding that transaction, on Nov 18 ’24, Company’s CEO sold 8,500 for 118.00, making the whole transaction’s value amount to 1,002,990. This particular insider is now the holder of 288,282 in total.
Netapp Inc (NTAP) Earnings and Revenue Records
Netapp Inc’s EPS increase for this current 12-month fiscal period is 13.15% and is forecasted to reach 7.86 in the upcoming year. Considering the longer run, market analysts have predicted that Company’s EPS will increase by 6.00% through the next 5 years, which can be compared against the 0.51% growth it accomplished over the previous five years trading on the market.
Netapp Inc (NASDAQ: NTAP) Trading Performance Indicators
Let’s observe the current performance indicators for Netapp Inc (NTAP). It’s Quick Ratio in the last reported quarter now stands at 0.82. The Stock has managed to achieve an average true range (ATR) of 3.93. Alongside those numbers, its PE Ratio stands at $22.47, and its Beta score is 1.23. Another valuable indicator worth pondering is a publicly-traded company’s price to sales ratio for trailing twelve months, which is currently 3.64. Similarly, its price to free cash flow for trailing twelve months is now 17.10.
In the same vein, NTAP’s Diluted EPS (Earnings per Share) trailing twelve months is recorded 5.45, a figure that is expected to reach 1.90 in the next quarter, and analysts are predicting that it will be 7.86 at the market close of one year from today.
Technical Analysis of Netapp Inc (NTAP)
If we take a close look at the recent performances of Netapp Inc (NASDAQ: NTAP), its last 5-days Average volume was 3.86 million that shows progress from its year to date volume of 1.86 million. During the previous 9 days, stock’s Stochastic %D was recorded 50.88% While, its Average True Range was 4.49.
Raw Stochastic average of Netapp Inc (NTAP) in the period of the previous 100 days is set at 42.35%, which indicates a major rise in contrast to 32.82% during the last 2-weeks. If we go through the volatility metrics of the stock, In the past 14-days, Company’s historic volatility was 39.27% that was higher than 32.53% volatility it exhibited in the past 100-days period.
