Netapp Inc (NASDAQ: NTAP) kicked off on Friday, up 1.60% from the previous trading day, before settling in for the closing price of $116.58. Over the past 52 weeks, NTAP has traded in a range of $83.62-$135.45.
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It was noted that within the last five years, the titan of the Technology sector saw sales topped by 0.68%. While this was happening, its average annual earnings per share was recorded 13.30%. With a float of $202.48 million, this company’s outstanding shares have now reached $203.00 million.
The extent of productivity of a business whose workforce counts for 11800 workers is very important to gauge. In terms of profitability, gross margin is 71.0%, operating margin of 21.0%, and the pretax margin is 21.96%.
Netapp Inc (NTAP) Insider Updates
Our next focus will be how large-scale investors are participating in this stock of the Computer Hardware Industry. The insider ownership of Netapp Inc is 0.41%, while institutional ownership is 94.59%. The most recent insider transaction that took place on Dec 16 ’24, was worth 1,056,464. In this transaction CEO of this company sold 8,500 shares at a rate of $124.29, taking the stock ownership to the 279,782 shares. Before that another transaction happened on Dec 16 ’24, when Company’s Officer proposed sale 8,500 for $124.29, making the entire transaction worth $1,056,473.
Netapp Inc (NTAP) Performance Highlights and Predictions
Wall Street market experts anticipate that the next fiscal year will bring earnings of 1.99 per share during the current fiscal year.
According to the Wall Street analysts, stocks earnings will be around 13.30% 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
Take a look at Netapp Inc’s (NTAP) current performance indicators. Last quarter, stock had a quick ratio of 0.82. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 3.78. Likewise, its price to free cash flow for the trailing twelve months is 17.79.
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 7.88 in one year’s time.
Technical Analysis of Netapp Inc (NTAP)
The latest stats from [Netapp Inc, NTAP] show that its last 5-days average volume of 2.21 million was superior to 1.86 million than last year’s volume. As of the previous 9 days, the stock’s Stochastic %D was 10.10%. Additionally, its Average True Range was 3.94.
During the past 100 days, Netapp Inc’s (NTAP) raw stochastic average was set at 24.72%, which indicates a significant increase from 20.68% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 39.92% in the past 14 days, which was higher than the 34.03% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $122.43, while its 200-day Moving Average is $118.62. Now, the first resistance to watch is $120.48. This is followed by the second major resistance level at $122.51. The third major resistance level sits at $125.20. If the price goes on to break the first support level at $115.76, it is likely to go to the next support level at $113.07. Assuming the price breaks the second support level, the third support level stands at $111.04.
Netapp Inc (NASDAQ: NTAP) Key Stats
The company with the Market Capitalisation of 24.47 billion has total of 203,306K Shares Outstanding. Its annual sales at the moment are 6,268 M in contrast with the sum of 986,000 K annual income. Company’s last quarter sales were recorded 1,658 M and last quarter income was 299,000 K.
