Netapp Inc Stock Short Ratio
| NTAP Stock | USD 97.91 0.04 0.04% |
NetApp Inc fundamentals help investors to digest information that contributes to NetApp's financial success or failures. It also enables traders to predict the movement of NetApp Stock. The fundamental analysis module provides a way to measure NetApp's intrinsic value by examining its available economic and financial indicators, including the cash flow records, the balance sheet account changes, the income statement patterns, and various microeconomic indicators and financial ratios related to NetApp stock.
NetApp |
NetApp Inc Company Short Ratio Analysis
NetApp's Short Ratio is typically used by traders and speculators to identify trends in current market sentiment for a particular equity instrument. In its simple terms this ratio shows how many days it will take all current short sellers to cover their positions if the price of a stock begins to rise.
Current NetApp Short Ratio | 1.89 X |
Most of NetApp's fundamental indicators, such as Short Ratio, are part of a valuation analysis module that helps investors searching for stocks that are currently trading at higher or lower prices than their real value. If the real value is higher than the market price, NetApp Inc is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
The higher the Short Ratio, the longer it would take to buy back the borrowed shares. In theory, the more short positions are currently outstanding, the faster it will be to cover shorted positions.
| Competition |
Based on the latest financial disclosure, NetApp Inc has a Short Ratio of 1.89 times. This is 61.03% lower than that of the Technology Hardware, Storage & Peripherals sector and significantly higher than that of the Information Technology industry. The short ratio for all United States stocks is 52.75% higher than that of the company.
NetApp Short Ratio Peer Comparison
Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses NetApp's direct or indirect competition against its Short Ratio to detect undervalued stocks with similar characteristics or determine the stocks which would be a good addition to a portfolio. Peer analysis of NetApp could also be used in its relative valuation, which is a method of valuing NetApp by comparing valuation metrics of similar companies.NetApp is currently under evaluation in short ratio category among related companies.
NetApp Fundamentals
| Return On Equity | 0.9 | ||||
| Return On Asset | 0.0802 | ||||
| Profit Margin | 0.15 % | ||||
| Operating Margin | 0.24 % | ||||
| Current Valuation | 19.95 B | ||||
| Shares Outstanding | 206.38 M | ||||
| Shares Owned By Insiders | 0.31 % | ||||
| Shares Owned By Institutions | 95.08 % | ||||
| Number Of Shares Shorted | 5.18 M | ||||
| Price To Earning | 17.90 X | ||||
| Price To Book | 21.14 X | ||||
| Price To Sales | 3.40 X | ||||
| Revenue | 6.36 B | ||||
| Gross Profit | 4.21 B | ||||
| EBITDA | 1.55 B | ||||
| Net Income | 1.27 B | ||||
| Cash And Equivalents | 3.45 B | ||||
| Cash Per Share | 15.85 X | ||||
| Total Debt | 2.39 B | ||||
| Debt To Equity | 4.51 % | ||||
| Current Ratio | 1.38 X | ||||
| Book Value Per Share | 4.83 X | ||||
| Cash Flow From Operations | 1.11 B | ||||
| Short Ratio | 1.89 X | ||||
| Earnings Per Share | 4.39 X | ||||
| Price To Earnings To Growth | 1.06 X | ||||
| Target Price | 105.48 | ||||
| Number Of Employees | 12 K | ||||
| Beta | 1.27 | ||||
| Market Capitalization | 20.21 B | ||||
| Total Asset | 9.82 B | ||||
| Retained Earnings | 265 M | ||||
| Working Capital | 1.21 B | ||||
| Current Asset | 6.45 B | ||||
| Current Liabilities | 3.66 B | ||||
| Annual Yield | 0.02 % | ||||
| Five Year Return | 2.61 % | ||||
| Net Asset | 9.82 B | ||||
| Last Dividend Paid | 2.0 |
About NetApp Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze NetApp Inc's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of NetApp using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of NetApp Inc based on its fundamental data. In general, a quantitative approach, as applied to this company, focuses on analyzing financial statements comparatively, whereas a qaualitative method uses data that is important to a company's growth but cannot be measured and presented in a numerical way.
Please read more on our fundamental analysis page.
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Try AI Portfolio ArchitectCheck out NetApp Piotroski F Score and NetApp Altman Z Score analysis. 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 the My Watchlist Analysis module to analyze my current watchlist and to refresh optimization strategy. Macroaxis watchlist is based on self-learning algorithm to remember stocks you like.
Complementary Tools for NetApp Stock analysis
When running NetApp's price analysis, check to measure NetApp's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy NetApp is operating at the current time. Most of NetApp's value examination focuses on studying past and present price action to predict the probability of NetApp's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move NetApp's price. Additionally, you may evaluate how the addition of NetApp to your portfolios can decrease your overall portfolio volatility.
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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.
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 if NetApp is a good investment 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.