Netapp Inc Stock Performance
| NTAP Stock | USD 126.15 0.45 0.36% |
On a scale of 0 to 100, NetApp holds a performance score of 19. The company secures a Beta (Market Risk) of -0.0641, which conveys not very significant fluctuations relative to the market. As returns on the market increase, returns on owning NetApp are expected to decrease at a much lower rate. During the bear market, NetApp is likely to outperform the market. Please check NetApp's potential upside, as well as the relationship between the kurtosis and day typical price , to make a quick decision on whether NetApp's current price movements will revert.
Risk-Adjusted Performance
19 of 100
Weak | Strong |
Solid
Compared to the overall equity markets, risk-adjusted returns on investments in NetApp Inc are ranked lower than 19 (%) of all global equities and portfolios over the last 90 days. Even with relatively weak basic indicators, NetApp reported solid returns over the last few months and may actually be approaching a breakup point. ...more
Actual Historical Performance (%)
One Day Return (0.11) | Five Day Return (0.70) | Year To Date Return 45.64 | Ten Year Return 229.29 | All Time Return 9.7 K |
Forward Dividend Yield 0.0161 | Payout Ratio 0.3122 | Last Split Factor 2:1 | Forward Dividend Rate 2.02 | Dividend Date 2024-07-24 |
1 | Disposition of 13875 shares by George Kurian of NetApp subject to Rule 16b-3 | 05/31/2024 |
2 | Performance Comparison Super Micro Computer And Competitors In Technology Hardware, Storage Peripherals Industry | 06/14/2024 |
3 | Riassunto La piattaforma Spot by NetApp viene certificata dalla FinOps Foundation | 06/20/2024 |
4 | Disposition of 3249 shares by Michael Berry of NetApp at 127.51 subject to Rule 16b-3 | 06/25/2024 |
5 | NetApp obtm classificao AAA como a primeira soluo de deteco de ransomware integrada e orientada por IA do setor | 06/27/2024 |
6 | Acquisition by Ocallahan Elizabeth M of 11195 shares of NetApp subject to Rule 16b-3 | 07/01/2024 |
7 | Acquisition by Harvinder Bhela of 13195 shares of NetApp subject to Rule 16b-3 | 07/03/2024 |
8 | NetApp and Evercore ISI Institutional Equities to Host a Tech Talk on NetApps AI Strategy and Direction | 07/08/2024 |
9 | NetApp Expands Intelligent Data Infrastructure Capabilities to Power Strategic Cloud Workloads | 07/10/2024 |
10 | We Think NetApp Can Manage Its Debt With Ease | 07/11/2024 |
11 | Disposition of 6259 shares by George Kurian of NetApp at 130.49 subject to Rule 16b-3 | 07/15/2024 |
12 | Insider Selling CEO George Kurian Sells Shares of NetApp Inc | 07/17/2024 |
| NetApp dividend paid on 24th of July 2024 | 07/24/2024 |
| Begin Period Cash Flow | 2.3 B |
NetApp |
NetApp Relative Risk vs. Return Landscape
If you would invest 10,207 in NetApp Inc on April 27, 2024 and sell it today you would earn a total of 2,319 from holding NetApp Inc or generate 22.72% return on investment over 90 days. NetApp Inc is currently generating 0.3395% in daily expected returns and assumes 1.3322% risk (volatility on return distribution) over the 90 days horizon. In different words, 11% of stocks are less volatile than NetApp, and 94% of all traded equity instruments are projected to make higher returns than the company over the 90 days investment horizon. Expected Return |
| Risk |
NetApp Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for NetApp's investment risk. Standard deviation is the most common way to measure market volatility of stocks, such as NetApp Inc, and traders can use it to determine the average amount a NetApp's price has deviated from the expected return over a period of time. It is calculated by determining the expected price for the established period and then subtracting this figure from each price point. The differences are then squared, summed, and averaged to produce the variance.
Sharpe Ratio = 0.2548
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Estimated Market Risk
| 1.33 actual daily | 11 89% of assets are more volatile |
Expected Return
| 0.34 actual daily | 6 94% of assets have higher returns |
Risk-Adjusted Return
| 0.25 actual daily | 19 81% of assets perform better |
Based on monthly moving average NetApp is performing at about 19% of its full potential. If added to a well diversified portfolio the total return can be enhanced and market risk can be reduced. You can increase risk-adjusted return of NetApp by adding it to a well-diversified portfolio.
NetApp Fundamentals Growth
NetApp Stock prices reflect investors' perceptions of the future prospects and financial health of NetApp, and NetApp fundamentals are critical determinants of its market performance. Overall, investors pay close attention to revenue and earnings growth, profit margins, and debt levels. These fundamentals can have a significant impact on NetApp Stock performance.
| Return On Equity | 0.86 | ||||
| Return On Asset | 0.0804 | ||||
| Profit Margin | 0.16 % | ||||
| Operating Margin | 0.22 % | ||||
| Current Valuation | 25.23 B | ||||
| Shares Outstanding | 205.8 M | ||||
| Price To Earning | 17.90 X | ||||
| Price To Book | 21.14 X | ||||
| Price To Sales | 3.40 X | ||||
| Revenue | 6.27 B | ||||
| Gross Profit | 4.21 B | ||||
| EBITDA | 1.52 B | ||||
| Net Income | 986 M | ||||
| Cash And Equivalents | 3.45 B | ||||
| Cash Per Share | 15.85 X | ||||
| Total Debt | 2.65 B | ||||
| Debt To Equity | 4.51 % | ||||
| Current Ratio | 1.38 X | ||||
| Book Value Per Share | 5.56 X | ||||
| Cash Flow From Operations | 1.69 B | ||||
| Earnings Per Share | 4.63 X | ||||
| Market Capitalization | 25.84 B | ||||
| Total Asset | 9.89 B | ||||
| Retained Earnings | 208 M | ||||
| Working Capital | 791 M | ||||
| Current Asset | 6.45 B | ||||
| Current Liabilities | 3.66 B | ||||
About NetApp Performance
Assessing NetApp's fundamental ratios provides investors with valuable insights into NetApp's financial health and overall profitability. This information is crucial for making informed investment decisions. A high ROA would indicate that the NetApp is effectively leveraging its assets and equity to generate significant profits, making it an appealing investment. Conversely, low Return on Assets could signal underlying management issues in assets and equity, indicating a necessity for operational refinements. Please also refer to our technical analysis and fundamental analysis pages.
| Last Reported | Projected for Next Year | ||
| Days Of Inventory On Hand | 36.54 | 21.57 | |
| Return On Tangible Assets | 0.14 | 0.10 | |
| Return On Capital Employed | 0.22 | 0.17 | |
| Return On Assets | 0.10 | 0.08 | |
| Return On Equity | 0.86 | 1.07 |
Things to note about NetApp Inc performance evaluation
Checking the ongoing alerts about NetApp for important developments is a great way to find new opportunities for your next move. Stock alerts and notifications screener for NetApp Inc help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.| Over 94.0% of the company shares are owned by institutional investors | |
| On 24th of July 2024 NetApp paid $ 0.52 per share dividend to its current shareholders | |
| Latest headline from gurufocus.com: Insider Selling CEO George Kurian Sells Shares of NetApp Inc |
- Analyzing NetApp's financial statements, including its income statement, balance sheet, and cash flow statement, helps in understanding its overall financial health and growth potential.
- Getting a closer look at valuation ratios like price-to-earnings (P/E) ratio, price-to-sales (P/S) ratio, and price-to-book (P/B) ratio help in understanding whether NetApp's stock is overvalued or undervalued compared to its peers.
- Examining NetApp's industry or sector and how it is performing can give you an idea of its growth potential and how it is positioned relative to its competitors.
- Evaluating NetApp's management team can have a significant impact on its success or failure. Reviewing the track record and experience of NetApp's management team can help you assess the Company's leadership.
- Pay attention to analyst opinions and ratings of NetApp's stock. These opinions can provide insight into NetApp's potential for growth and whether the stock is currently undervalued or overvalued.
Additional 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.