Netapp Inc (NASDAQ: NTAP) on Tuesday, soared 1.12% from the previous trading day, before settling in for the closing price of $123.29. Within the past 52 weeks, NTAP’s price has moved between $83.62 and $135.45.
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The company achieved an average annual earnings per share of 13.15%. With a float of $202.47 million, this company’s outstanding shares have now reached $203.00 million.
The firm has a total of 11800 workers. Let’s measure their productivity. In terms of profitability, gross margin is 71.0%, operating margin of 21.0%, and the pretax margin is 21.96%.
Netapp Inc (NTAP) Breakdown of a Key Holders of the stock
Observing investor behavior towards Computer Hardware industry stocks is more important than anything else. The most recent insider transaction that took place on Nov 18 ’24, was worth 397,392. In this transaction Director of this company sold 3,333 shares at a rate of $119.23, taking the stock ownership to the 9,277 shares. Before that another transaction happened on Nov 18 ’24, when Company’s CEO sold 8,500 for $118.00, making the entire transaction worth $1,002,990. This insider now owns 288,282 shares in total.
Netapp Inc (NTAP) Recent Fiscal highlights
According to the Wall Street analysts, stocks earnings will be around 13.15% per share during the next fiscal year. For the long-term projections, market analysts anticipate that the company’s EPS will surge by 9.00% during the next five years compared to 0.51% growth over the previous five years of trading.
Netapp Inc (NASDAQ: NTAP) Trading Performance Indicators
Netapp Inc (NTAP) is currently performing well based on its current performance indicators. A quick ratio of 0.82 was reported for the most recent quarter. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 3.92. Likewise, its price to free cash flow for the trailing twelve months is 18.43.
For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is 5.45, a number that is poised to hit 1.90 in the next quarter and is forecasted to reach 7.86 in one year’s time.
Technical Analysis of Netapp Inc (NTAP)
Analysing the last 5-days average volume posted by the [Netapp Inc, NTAP], we can find that recorded value of 1.79 million was lower than the volume posted last year of 1.85 million. As of the previous 9 days, the stock’s Stochastic %D was 28.34%. Additionally, its Average True Range was 3.59.
During the past 100 days, Netapp Inc’s (NTAP) raw stochastic average was set at 52.27%, which indicates a significant increase from 44.38% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 38.42% in the past 14 days, which was higher than the 32.21% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $122.42, while its 200-day Moving Average is $116.66. Now, the first resistance to watch is $125.66. This is followed by the second major resistance level at $126.64. The third major resistance level sits at $128.43. If the price goes on to break the first support level at $122.89, it is likely to go to the next support level at $121.10. Now, if the price goes above the second support level, the third support stands at $120.12.
Netapp Inc (NASDAQ: NTAP) Key Stats
Market capitalization of the company is 25.35 billion based on 203,306K outstanding shares. Right now, sales total 6,268 M and income totals 986,000 K. The company made 1,658 M in profit during its latest quarter, and 299,000 K in sales during its previous quarter.
