Netscout Systems Stock Today

NTCT Stock  USD 21.81  0.34  1.58%   

Performance

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Odds Of Distress

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NetScout Systems is selling for under 21.81 as of the 28th of March 2024; that is 1.58% increase since the beginning of the trading day. The stock's last reported lowest price was 21.51. NetScout Systems has only a 6 % chance of going through financial distress over the next few years, but has generated negative returns over the last 90 days. Equity ratings for NetScout Systems are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 2nd of February 2023 and ending today, the 28th of March 2024. Click here to learn more.
Business Domain
Technology Hardware & Equipment
IPO Date
12th of August 1999
Category
Technology
Classification
Information Technology
NetScout Systems, Inc. provides service assurance and cybersecurity solutions for protect digital business services against disruptions in the United States, Europe, Asia, and internationally. NetScout Systems, Inc. was incorporated in 1984 and is headquartered in Westford, Massachusetts. The company has 71.04 M outstanding shares of which 2.24 M shares are now shorted by private and institutional investors with about 3.43 trading days to cover. More on NetScout Systems

NetScout Stock Highlights

Most reasonable investors view market volatility as an opportunity to invest at a favorable price or to sell short against a bearish trend. NetScout Systems' investment highlights are automatically generated signals that are significant enough to either complement your investing judgment regarding NetScout Systems or challenge it. These highlights can help you better understand the position you are entering and avoid costly mistakes.
ChairmanAnil Singhal
Thematic IdeaComputers (View all Themes)
Business ConcentrationCommunications Equipment, Technology Hardware & Equipment, Information Technology, SP Small-Cap 600, NASDAQ Composite, NASDAQ Composite Total, Computers, Information Technology, Communications Equipment, Software—Infrastructure, Technology (View all Sectors)
Average Analyst Recommendation
Analysts covering NetScout Systems report their recommendations after researching NetScout Systems' financial statements, talking to executives and customers, or listening in on NetScout Systems' conference calls. The current trade recommendation is based on an ongoing consensus estimate among financial analysts covering NetScout Systems. The NetScout consensus assessment is calculated by taking the average forecast from all of the analysts covering NetScout Systems.
Financial Strength
Based on the key indicators related to NetScout Systems' liquidity, profitability, solvency, and operating efficiency, NetScout Systems is performing exceptionally good at this time. It has a great probability to report excellent financial results in April. Financial strength of NetScout Systems is based on its profitability, leverage, liquidity, source of funds, and operating efficiency.
Current ValueLast YearChange From Last Year 10 Year Trend
Asset Turnover0.590.37
Way Up
Slightly volatile
Gross Profit Margin0.830.87
Sufficiently Down
Pretty Stable
Total Current Liabilities547.7 M521.6 M
Sufficiently Up
Slightly volatile
Non Current Liabilities Total308.4 M387.9 M
Significantly Down
Slightly volatile
Total Assets3.4 B3.2 B
Sufficiently Up
Slightly volatile
Total Current Assets388 M710 M
Way Down
Slightly volatile
Total Cash From Operating Activities100.1 M180.1 M
Way Down
Slightly volatile
NetScout Systems' financial strength is of vital concern to both outside investors and internal stakeholders. Efficiency and cost control are keys to NetScout Systems' success, along with its ability to generate sufficient cash flow to pay bills, repay debt, and make a consistent year-to-year profit.
Financial leverage usually refers to the use of borrowed funds to amplify returns from an investment. In general, analyzing the relationship between debt to total assets helps investors to understand NetScout Systems' financial leverage. It provides some insight into what part of NetScout Systems' total assets is financed by creditors.
By using current balance sheet information, investors can analyze the liability, assets, and equity on NetScout Systems' books and decide whether to invest or hold. Statistics such as return on equity (ROE), debt to equity (D/E) help investors determine how NetScout Systems deploys its capital and how much of that capital is borrowed.
Liquidity
NetScout Systems cash flow analysis is essential to understand how it generates and spends money over a specific period. It can also help you figure out where your money is going and how much cash you have available at a given moment. The company currently holds 160.47 M in liabilities with Debt to Equity (D/E) ratio of 0.13, which may suggest the company is not taking enough advantage from borrowing. NetScout Systems has a current ratio of 1.43, which is within standard range for the sector. Debt can assist NetScout Systems until it has trouble settling it off, either with new capital or with free cash flow. So, NetScout Systems' shareholders could walk away with nothing if the company can't fulfill its legal obligations to repay debt. However, a more frequent occurrence is when companies like NetScout Systems sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for NetScout to invest in growth at high rates of return. When we think about NetScout Systems' use of debt, we should always consider it together with cash and equity.

Depreciation

51.51 Million
NetScout Systems (NTCT) is traded on NASDAQ Exchange in USA. It is located in 310 Littleton Road, Westford, MA, United States, 01886-4105 and employs 2,331 people. NetScout Systems is listed under Communications Equipment category by Fama And French industry classification. The company currently falls under 'Mid-Cap' category with a current market capitalization of 1.53 B. Market capitalization usually refers to the total value of a company's stock within the entire market. To calculate NetScout Systems's market, we take the total number of its shares issued and multiply it by NetScout Systems's current market price. To manage market risk and economic uncertainty, many investors today build portfolios that are diversified across equities with different market capitalizations. However, as a general rule, conservative investors tend to hold large-cap stocks, and those looking for more risk prefer small-cap and mid-cap equities. NetScout Systems conducts business under Communications Equipment sector and is part of Information Technology industry. The entity has 71.04 M outstanding shares of which 2.24 M shares are now shorted by private and institutional investors with about 3.43 trading days to cover. NetScout Systems currently holds about 367.13 M in cash with 156.65 M of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 5.08.
Check NetScout Systems Probability Of Bankruptcy
Ownership Allocation
NetScout Systems holds a total of 71.04 Million outstanding shares. The majority of NetScout Systems outstanding shares are owned by institutional investors. These third-party entities are usually referred to as non-private investors looking to shop for positions in NetScout Systems to benefit from reduced commissions. Consequently, institutional holders are subject to a different set of regulations than regular investors in NetScout Systems. Please pay attention to any change in the institutional holdings of NetScout Systems as this could imply that something significant has changed or is about to change at the company. Note that regardless of who owns the company, if the true value of the entity is less than the market is willing to pay for it, you may not be able to generate positive returns over time.
Check NetScout Ownership Details

NetScout Stock Price Odds Analysis

Attributed to a normal probability distribution, the odds of NetScout Systems jumping above the current price in 90 days from now is about 47.41%. The NetScout Systems probability density function shows the probability of NetScout Systems stock to fall within a particular range of prices over 90 days. Given the investment horizon of 90 days NetScout Systems has a beta of -0.1226. This indicates as returns on benchmark increase, returns on holding NetScout Systems are expected to decrease at a much lower rate. During the bear market, however, NetScout Systems is likely to outperform the market. Additionally, netScout Systems has a negative alpha, implying that the risk taken by holding this instrument is not justified. The company is significantly underperforming NYSE Composite.
  Odds Below 21.81HorizonTargetOdds Above 21.81
52.27%90 days
 21.81 
47.41%
Based on a normal probability distribution, the odds of NetScout Systems to move above the current price in 90 days from now is about 47.41 (This NetScout Systems probability density function shows the probability of NetScout Stock to fall within a particular range of prices over 90 days) .

NetScout Stock Institutional Holders

Institutional Holdings refers to the ownership stake in NetScout Systems that is held by large financial organizations, pension funds or endowments. Institutions may purchase large blocks of NetScout Systems' outstanding shares and can exert considerable influence upon its management. Institutional holders may also work to push the share price higher once they own the stock. Extensive social media coverage, TV shows, articles in high-profile magazines, and presentations at investor conferences help move the stock higher, increasing NetScout Systems' value.
InstituionRecorded OnShares
D. E. Shaw & Co Lp2023-09-30
1.2 M
William Blair Investment Management, Llc2023-12-31
1.1 M
Morgan Stanley - Brokerage Accounts2023-12-31
M
Charles Schwab Investment Management Inc2023-12-31
977.5 K
Northern Trust Corp2023-12-31
946 K
Bank Of New York Mellon Corp2023-12-31
669.9 K
Ameriprise Financial Inc2023-12-31
644.8 K
Assenagon Asset Management Sa2023-12-31
622.9 K
Bridgeway Capital Management, Llc2023-12-31
543.3 K
Blackrock Inc2023-12-31
12.2 M
Vanguard Group Inc2023-12-31
M
View NetScout Systems Diagnostics

NetScout Systems Historical Income Statement

NetScout Systems Income Statement is one of the three primary financial statements used for reporting NetScout's overall financial performance over a current year or for a given accounting period. An Income Statement sometimes referred to as the statement of NetScout Systems revenue and expense. NetScout Systems Income Statement primarily focuses on the company's revenues and expenses during a particular period.
At this time, NetScout Systems' Cost Of Revenue is comparatively stable compared to the past year. Total Operating Expenses is likely to gain to about 739 M in 2024, whereas Selling General Administrative is likely to drop slightly above 68 M in 2024. View More Fundamentals

NetScout Stock Against Markets

Picking the right benchmark for NetScout Systems stock is fundamental to making educated investment choices. Many naive investors compare their positions with the S&P 500 or with the Nasdaq. But these benchmarks are not all-inclusive and generally should be used only for large-capitalization equities or stock offerings from large companies. When the price of a selected benchmark declines in a down market, there may be an uptick in NetScout Systems stock price where buyers come in believing the asset is cheap. The opposite is true when the market is bullish; so, accurately picking the benchmark for NetScout Systems is critical whether you are bullish or bearish towards NetScout Systems at a given time. Please also check how NetScout Systems' historical prices are related to one of the top price index indicators.

Be your own money manager

Our tools can tell you how much better you can do entering a position in NetScout Systems without increasing your portfolio risk or giving up the expected return. As an individual investor, you need to find a reliable way to track all your investment portfolios. However, your requirements will often be based on how much of the process you decide to do yourself. In addition to allowing all investors analytical transparency into all their portfolios, our tools can evaluate risk-adjusted returns of your individual positions relative to your overall portfolio.

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NetScout Systems Corporate Directors

NetScout Systems corporate directors refer to members of a NetScout Systems board of directors. The board of directors generally takes responsibility for the NetScout Systems' affairs and long-term direction of the entity. A corporate director does not make decisions for the corporation on his own. As a member of the board of directors, she or he must function as a part of a group that makes decisions on behalf of the business only by the board of directors' meetings. To pass a resolution, a majority of NetScout Systems' board members must vote for the resolution. The NetScout Systems board of directors' duties also include the election, removal, and supervision of officers, including the adoption, amendment, and repeal of bylaws.

How to buy NetScout Stock?

Before investing in NetScout Systems, you must ensure you fully understand your financial goals and how diversified (or not) your overall investments are now. Then, after you clearly understand your investment objectives, consider investing in NetScout Systems. To buy NetScout Systems stock, you can follow these steps:
  • Choose a brokerage firm: You need to select a brokerage firm to buy shares of NetScout Systems. Some popular options include Charles Schwab, Fidelity, TD Ameritrade, and Robinhood.
  • Open an account: Once you have chosen a brokerage firm, you will need to open an account. You will be required to provide personal information, such as your name, address, and Social Security number.
  • Fund your account: You will need to deposit funds into your brokerage account to purchase NetScout Systems stock. You can do this by transferring funds from your bank account or other investment accounts.
  • Place your order: Once you have located NetScout Systems stock in your brokerage account, you can place your order to buy it. You will need to specify the number of shares you want to buy and the price you are willing to pay.
  • Monitor your investment: After you have purchased NetScout Systems stock, you should monitor your investment to track its performance and make informed decisions about buying, selling, or holding the stock
It's important to note that investing in stocks, such as NetScout Systems, carries risks, and you should carefully consider your investment goals and risk tolerance before making any investment decisions. Also, remember various factors, including economic indicators, change in net worth, political events, company-specific news, and investor sentiment, can influence the stock market. These factors can cause fluctuations in stock prices and lead to market volatility affecting your buy or sell decision. However, volatility can also present opportunities for investors to make gains by buying stocks when prices are low and selling when they are high. It's important for investors to have a long-term perspective and a well-diversified portfolio to manage the impact of stock market volatility on their investments. For more information on how to buy NetScout Stock please use our How to Invest in NetScout Systems guide.

Already Invested in NetScout Systems?

The danger of trading NetScout Systems is mainly related to its market volatility and Company specific events. As an investor, you must understand the concept of risk-adjusted return before you start trading. The most common way to measure the risk of NetScout Systems is by using the Sharpe ratio. The ratio expresses how much excess return you acquire for the extra volatility you endure for holding a more risker asset than NetScout Systems. The Sharpe ratio is calculated by using standard deviation and excess return to determine reward per unit of risk. To understand how volatile NetScout Systems is, you must compare it to a benchmark. Traditionally, the risk-free rate of return is the rate of return on the shortest-dated U.S. Treasury, such as a 3-year bond.
When determining whether NetScout Systems is a good investment, qualitative aspects like company management, corporate governance, and ethical practices play a significant role. A comparison with peer companies also provides context and helps to understand if NetScout Stock is undervalued or overvalued. This multi-faceted approach, blending both quantitative and qualitative analysis, forms a solid foundation for making an informed investment decision about Netscout Systems Stock. Highlighted below are key reports to facilitate an investment decision about Netscout Systems Stock:
Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in NetScout Systems. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in main economic indicators.
For more information on how to buy NetScout Stock please use our How to Invest in NetScout Systems guide.
Note that the NetScout Systems information on this page should be used as a complementary analysis to other NetScout Systems' 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 Balance Of Power module to check stock momentum by analyzing Balance Of Power indicator and other technical ratios.

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When running NetScout Systems' price analysis, check to measure NetScout Systems' 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 NetScout Systems is operating at the current time. Most of NetScout Systems' value examination focuses on studying past and present price action to predict the probability of NetScout Systems' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move NetScout Systems' price. Additionally, you may evaluate how the addition of NetScout Systems to your portfolios can decrease your overall portfolio volatility.
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Is NetScout Systems' 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 NetScout Systems. If investors know NetScout 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 NetScout Systems 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
0.208
Earnings Share
(1.65)
Revenue Per Share
11.674
Quarterly Revenue Growth
(0.19)
Return On Assets
0.012
The market value of NetScout Systems is measured differently than its book value, which is the value of NetScout that is recorded on the company's balance sheet. Investors also form their own opinion of NetScout Systems' value that differs from its market value or its book value, called intrinsic value, which is NetScout Systems' 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 NetScout Systems' market value can be influenced by many factors that don't directly affect NetScout Systems' 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 NetScout Systems' value and its price as these two are different measures arrived at by different means. Investors typically determine if NetScout Systems is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, NetScout Systems' 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.