On Tuesday, Netgear Inc (NASDAQ: NTGR) was 4.41% up from the session before settling in for the closing price of $27.19. A 52-week range for NTGR has been $10.48 – $31.55.
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Over the past five-year period, the drop rate of yearbook sales for the company of the Technology sector was -5.55%. When this article was written, the company’s average yearly earnings per share was at -3566.67%. With a float of $26.58 million, this company’s outstanding shares have now reached $28.77 million.
Considering the fact that the conglomerate employs 635 people, you should pay attention to its efficiency factor. In terms of profitability, gross margin is 29.75%, operating margin of 5.22%, and the pretax margin is 5.28%.
Netgear Inc (NTGR) Insider Activity
Also, it is sometimes useful to examine the sentiment of large-scale investors toward Netgear Inc stocks. The insider ownership of Netgear Inc is 7.59%, while institutional ownership is 84.26%. The most recent insider transaction that took place on Dec 18 ’24, was worth 60,840. In this transaction Director of this company sold 2,000 shares at a rate of $30.42, taking the stock ownership to the 61,135 shares. Before that another transaction happened on Dec 18 ’24, when Company’s Director proposed sale 2,000 for $30.42, making the entire transaction worth $60,840.
Netgear Inc (NTGR) Earnings and Forecasts
According to the Wall Street analysts, stocks earnings will be around -3566.67% per share during the next fiscal year.
Netgear Inc (NASDAQ: NTGR) Trading Performance Indicators
You can see what Netgear Inc (NTGR) is doing with its current performance indicators. In the most recent quarter, the stock posted a quick ratio of 2.24. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 1.20. Likewise, its price to free cash flow for the trailing twelve months is 4.28.
For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is 0.64, a number that is poised to hit -0.24 in the next quarter and is forecasted to reach -1.06 in one year’s time.
Technical Analysis of Netgear Inc (NTGR)
Compared to the last year’s volume of 0.28 million, its volume of 0.67 million showed improvement in the last five days. As of the previous 9 days, the stock’s Stochastic %D was 46.93%. Additionally, its Average True Range was 1.38.
During the past 100 days, Netgear Inc’s (NTGR) raw stochastic average was set at 82.04%, which indicates a significant increase from 58.03% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 40.18% in the past 14 days, which was lower than the 56.61% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $23.84, while its 200-day Moving Average is $17.64. Nevertheless, the first resistance level for the watch stands at $28.91 in the near term. At $29.43, the stock is likely to face the second major resistance level. The third major resistance level sits at $30.41. If the price goes on to break the first support level at $27.41, it is likely to go to the next support level at $26.43. Should the price break the second support level, the third support level stands at $25.91.
Netgear Inc (NASDAQ: NTGR) Key Stats
There are 28,770K outstanding shares of the company, which has a market capitalization of 816.77 million. As of now, sales total 740,840 K while income totals -104,770 K. Its latest quarter income was 182,850 K while its last quarter net income were 85,070 K.
