NetApp Stock Analysis

NetApp Stock Analysis Notes

About 93.0% of the company shares are owned by institutional investors. The company has Price/Earnings To Growth (PEG) ratio of 1.06. NetApp Inc recorded earning per share (EPS) of 5.75. The entity last dividend was issued on the 5th of April 2023. The firm had 2:1 split on the 23rd of March 2000. NetApp, Inc. provides cloud-led and data-centric services to manage and share data on-premises, and private and public clouds worldwide. NetApp, Inc. was incorporated in 1992 and is headquartered in San Jose, California. NetApp operates under Computer Hardware classification in the United States and is traded on NASDAQ Exchange. It employs 12000 people. To find out more about NetApp Inc contact George Kurian at 408 822 6000 or learn more at https://www.netapp.com.

NetApp Inc Investment Alerts

NetApp Inc Upcoming and Recent Events

NetApp SEC Filings

NetApp Thematic Classifications

NetApp Stock Institutional Investors

Note, although NetApp's institutional investors appear to be way more sophisticated than retail investors, it remains unclear if professional active investment managers can reliably enhance risk-adjusted returns by an amount that exceeds fees and expenses.

NetApp Market Capitalization

The company currently falls under 'Large-Cap' category with a current market capitalization of 13.06 B. Market capitalization usually refers to the total value of a company's stock within the entire market. To calculate NetApp's market, we take the total number of its shares issued and multiply it by NetApp'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.

NetApp Profitablity

The company has Profit Margin (PM) of 0.2 %, which maeans that even a very small decline in it revenue will erase profits resulting in a net loss. This is way below average. Similarly, it shows Operating Margin (OM) of 0.18 %, which suggests for every 100 dollars of sales, it generated a net operating income of $0.18.

Management Efficiency

The entity has return on total asset (ROA) of 0.0741 % which means that it generated profit of $0.0741 on every $100 spent on asset. This is way below average. Similarly, it shows return on stockholders equity (ROE) of 1.2984 %, meaning that it created $1.2984 on every $100 dollars invested by stockholders. NetApp management efficiency ratios could be used to measure how well netapp inc manages its routine affairs as well as how well it operates its assets and liabilities. NetApp Return on Investment is relatively stable at the moment as compared to the past year. NetApp reported last year Return on Investment of 37.19. As of 03/26/2023, Return on Average Assets is likely to grow to 0.08, while Return on Invested Capital is likely to drop 0.40. As of 03/26/2023, Current Liabilities is likely to grow to about 3.9 B, while Total Liabilities is likely to drop slightly above 8.6 B.

Technical Drivers

NetApp Inc Price Movement Analysis

NetApp Inc Insider Trading Activities

NetApp Outstanding Bonds

NetApp Technical and Predictive Indicators

NetApp Forecast Models

NetApp time-series forecasting models is one of many NetApp's stock analysis techniquest aimed to predict future share value based on previously observed values. Time-series forecasting models ae widely used for non-stationary data. Non-stationary data are called the data whose statistical properties e.g. the mean and standard deviation are not constant over time but instead, these metrics vary over time. These non-stationary NetApp's historical data is usually called time-series. Some empirical experimentation suggests that the statistical forecasting models outperform the models based exclusively on fundamental analysis to predict the direction of the market movement and maximize returns from investment trading.

Stock analysis is the technique used by a trader or investor to examine and evaluate how NetApp prices is reacting to, or reflecting on a current market direction and economic conditions. It can be used to make informed decisions about market timing, and when buying or selling NetApp shares will generate the highest return on investment. We also built our stock analysis module to help investors to gain an insight into the world economy as a whole, the stock market, thematic ideas, a specific sector, or an individual Stock such as NetApp. By using and applying NetApp Stock analysis, traders can create a robust methodology for identifying NetApp entry and exit points for their positions.

We track the performance of the top 100 financial experts across various large and mid-size financial boutiques. NetApp analyst recommendations are determined by taking all analyst recommendations and averaging them as Strong Buy, Buy, Hold, Strong Sell or Sell. There is no one specific way to measure analysis performance other than comparing it to the past results via a very sophisticated attribution analysis. NetApp analyst consensus and target price projections should be used in combination with other traditional techniques such as stock price forecasting, technical analysis, earnings estimate, and various momentum models.

NetApp Inc stock analysis indicators help investors evaluate how NetApp stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing and determine when trading NetApp shares will generate the highest return on investment. By understating and applying NetApp stock analysis, traders can identify NetApp position entry and exit signals to maximize returns.

Check out Correlation Analysis. 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 Portfolio Holdings module to check your current holdings and cash postion to detemine if your portfolio needs rebalancing.

When running NetApp Inc 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 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.

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 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.