NetApp Selling General and Administrative Expense from 2010 to 2023

NTAP Stock  USD 61.53  0.02  0.0325%   
NetApp Selling General and Administrative Expense yearly trend continues to be relatively stable with very little volatility. Selling General and Administrative Expense is likely to drop to about 1.9 B. During the period from 2010 to 2023, NetApp Selling General and Administrative Expense destribution of quarterly values had r-value of (0.48) from its regression line and mean deviation of  149,623,923. NetApp Weighted Average Shares is relatively stable at the moment as compared to the past year. NetApp reported last year Weighted Average Shares of 222 Million. As of 03/24/2023, Weighted Average Shares Diluted is likely to grow to about 242.3 M, while Revenues is likely to drop slightly above 5.5 B.
  
Check NetApp financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among NetApp main balance sheet or income statement drivers, such as Direct Expenses of 1.9 B, Consolidated Income of 741.6 M or Cost of Revenue of 1.9 B, as well as many exotic indicators such as Interest Coverage of 13.82, Long Term Debt to Equity of 4.14 or Calculated Tax Rate of 22.31. NetApp financial statements analysis is a perfect complement when working with NetApp Valuation or Volatility modules. It can also supplement NetApp's financial leverage analysis and stock options assessment as well as various NetApp Technical models . Check out the analysis of NetApp Correlation against competitors. To learn how to invest in NetApp Stock please use our How to Invest in NetApp guide.

NetApp Quarterly Selling General and Administrative Expense

509 Million

NetApp Selling General and Administrative Expense Breakdown

Showing smoothed Selling General and Administrative Expense of NetApp Inc with missing and latest data points interpolated. A component of Operating Expenses representing the aggregate total costs related to selling a firm's product and services; as well as all other general and administrative expenses. Direct selling expenses (for example; credit; warranty; and advertising) are expenses that can be directly linked to the sale of specific products. Indirect selling expenses are expenses that cannot be directly linked to the sale of specific products; for example telephone expenses; Internet; and postal charges. General and administrative expenses include salaries of non-sales personnel; rent; utilities; communication; etc. Where this item is not contained on the company consolidated financial statements the default value on 0 is used.NetApp's Selling General and Administrative Expense historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in NetApp's overall financial position and show how it may be relating to other accounts over time.
Selling General and Administrative Expense10 Years Trend
Down
Slightly volatile
   Selling General and Administrative Expense   
       Timeline  

NetApp Selling General and Administrative Expense Regression Statistics

Arithmetic Mean2,029,947,505
Geometric Mean2,023,916,739
Coefficient Of Variation7.97
Mean Deviation149,623,923
Median2,136,000,000
Standard Deviation161,769,362
Range349,000,000
R-Value(0.48)
R-Squared0.23
Significance0.08
Slope(18,596,822)

NetApp Selling General and Administrative Expense History

20231.9 B
2022B
20202.1 B
20151.8 B

About NetApp Financial Statements

There are typically three primary documents that fall into the category of financial statements. These documents include NetApp income statement, its balance sheet, and the statement of cash flows. NetApp investors use historical funamental indicators, such as NetApp's Selling General and Administrative Expense, to determine how well the company is positioned to perform in the future. Although NetApp investors may use each financial statement separately, they are all related. The changes in NetApp's assets and liabilities, for example, are also reflected in the revenues and expenses that we see on NetApp's income statement, which results in the company's gains or losses. Cash flows can provide more information regarding cash listed on a balance sheet, but not equivalent to net income shown on the income statement. We offer a historical overview of the basic patterns found on NetApp Financial Statements. Understanding these patterns can help to make the right decision on long term investment in NetApp. Please read more on our technical analysis and fundamental analysis pages.
Last ReportedProjected for 2023
Selling General and Administrative ExpenseB1.9 B

NetApp Investors Sentiment

The influence of NetApp's investor sentiment on the probability of its price appreciation or decline could be a good factor in your decision-making process regarding taking a position in NetApp. The overall investor sentiment generally increases the direction of a stock movement in a one-year investment horizon. However, the impact of investor sentiment on the entire stock markets does not have a solid backing from leading economists and market statisticians.
Investor biases related to NetApp's public news can be used to forecast risks associated with investment in NetApp. The trend in average sentiment can be used to explain how an investor holding NetApp can time the market purely based on public headlines and social activities around NetApp Inc. Please note that most equiteis that are difficult to arbitrage are affected by market sentiment the most.
NetApp's market sentiment shows the aggregated news analyzed to detect positive and negative mentions from the text and comments. The data is normalized to provide daily scores for NetApp's and other traded tickers. The bigger the bubble, the more accurate is the estimated score. Higher bars for a given day show more participation in the average NetApp's news discussions. The higher the estimated score, the more favorable is the investor's outlook on NetApp.

NetApp Implied Volatility

    
  34.67  
NetApp's implied volatility exposes the market's sentiment of NetApp Inc stock's possible movements over time. However, it does not forecast the overall direction of its price. In a nutshell, if NetApp's implied volatility is high, the market thinks the stock has potential for high price swings in either direction. On the other hand, the low implied volatility suggests that NetApp stock will not fluctuate a lot when NetApp's options are near their expiration.
Some investors attempt to determine whether the market's mood is bullish or bearish by monitoring changes in market sentiment. Unlike more traditional methods such as technical analysis, investor sentiment usually refers to the aggregate attitude towards NetApp in the overall investment community. So, suppose investors can accurately measure the market's sentiment. In that case, they can use it for their benefit. For example, some tools to gauge market sentiment could be utilized using contrarian indexes, NetApp's short interest history, or implied volatility extrapolated from NetApp options trading.

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Check out the analysis of NetApp Correlation against competitors. To learn how to invest in NetApp Stock please use our How to Invest in NetApp guide. Note that the NetApp Inc information on this page should be used as a complementary analysis to other NetApp's statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try Idea Optimizer module to use advanced portfolio builder with pre-computed micro ideas to build optimal portfolio .

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Is NetApp's industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of NetApp. If investors know NetApp will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about NetApp listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth
(0.73) 
Dividend Share
2
Earnings Share
5.65
Revenue Per Share
29.469
Quarterly Revenue Growth
(0.06) 
The market value of NetApp Inc is measured differently than its book value, which is the value of NetApp that is recorded on the company's balance sheet. Investors also form their own opinion of NetApp's value that differs from its market value or its book value, called intrinsic value, which is NetApp's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because NetApp's market value can be influenced by many factors that don't directly affect NetApp's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between NetApp's value and its price as these two are different measures arrived at by different means. Investors typically determine NetApp value by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, NetApp's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.