All through the final three months, 18 analysts have evaluated NetApp NTAP, providing a various set of opinions from bullish to bearish.
The next desk summarizes their latest rankings, shedding gentle on the altering sentiments throughout the previous 30 days and evaluating them to the previous months.
| Bullish | Considerably Bullish | Detached | Considerably Bearish | Bearish | |
|---|---|---|---|---|---|
| Whole Scores | 5 | 3 | 9 | 1 | 0 |
| Final 30D | 2 | 1 | 3 | 0 | 0 |
| 1M In the past | 3 | 2 | 6 | 1 | 0 |
| 2M In the past | 0 | 0 | 0 | 0 | 0 |
| 3M In the past | 0 | 0 | 0 | 0 | 0 |
The 12-month worth targets, analyzed by analysts, supply insights with a median goal of $127.78, a excessive estimate of $155.00, and a low estimate of $100.00. This upward development is obvious, with the present common reflecting a 12.41% improve from the earlier common worth goal of $113.67.
Investigating Analyst Scores: An Elaborate Examine
In analyzing latest analyst actions, we achieve insights into how monetary consultants understand NetApp. The next abstract outlines key analysts, their latest evaluations, and changes to rankings and worth targets.
| Analyst | Analyst Agency | Motion Taken | Ranking | Present Value Goal | Prior Value Goal |
|---|---|---|---|---|---|
| Matthew Sheerin | Stifel | Raises | Purchase | $138.00 | $130.00 |
| Matt Bryson | Wedbush | Maintains | Impartial | $120.00 | $120.00 |
| Mehdi Hosseini | Susquehanna | Raises | Constructive | $155.00 | $138.00 |
| Meta Marshall | Morgan Stanley | Raises | Equal-Weight | $127.00 | $106.00 |
| Karl Ackerman | TD Cowen | Raises | Purchase | $145.00 | $135.00 |
| Aaron Rakers | Wells Fargo | Raises | Equal-Weight | $135.00 | $120.00 |
| Jim Kelleher | Argus Analysis | Raises | Purchase | $140.00 | $130.00 |
| Tim Lengthy | Barclays | Raises | Equal-Weight | $116.00 | $100.00 |
| Karl Ackerman | TD Cowen | Raises | Purchase | $135.00 | $120.00 |
| Aaron Rakers | Wells Fargo | Raises | Equal-Weight | $120.00 | $100.00 |
| Samik Chatterjee | JP Morgan | Raises | Impartial | $125.00 | $95.00 |
| Mehdi Hosseini | Susquehanna | Raises | Constructive | $138.00 | $130.00 |
| Matthew Sheerin | Stifel | Raises | Purchase | $130.00 | $120.00 |
| Wamsi Mohan | B of A Securities | Raises | Underperform | $100.00 | $85.00 |
| Matt Bryson | Wedbush | Raises | Impartial | $120.00 | $100.00 |
| Meta Marshall | Morgan Stanley | Raises | Equal-Weight | $106.00 | $92.00 |
| Mehdi Hosseini | Susquehanna | Raises | Constructive | $130.00 | $115.00 |
| Jim Suva | Citigroup | Raises | Impartial | $120.00 | $110.00 |
Key Insights:
- Motion Taken: Responding to altering market dynamics and firm efficiency, analysts replace their suggestions. Whether or not they ‘Keep’, ‘Elevate’, or ‘Decrease’ their stance, it signifies their response to latest developments associated to NetApp. This provides perception into analysts’ views on the present state of the corporate.
- Ranking: Gaining insights, analysts present qualitative assessments, starting from ‘Outperform’ to ‘Underperform’. These rankings mirror expectations for the relative efficiency of NetApp in comparison with the broader market.
- Value Targets: Analysts predict actions in worth targets, providing estimates for NetApp’s future worth. Inspecting the present and prior targets provides insights into analysts’ evolving expectations.
Seize worthwhile insights into NetApp’s market standing by understanding these analyst evaluations alongside pertinent monetary indicators. Keep knowledgeable and make strategic choices with our Scores Desk.
Keep updated on NetApp analyst rankings.
All You Have to Know About NetApp
NetApp Inc is a number one supplier of enterprise information administration and storage options. The corporate’s segments embody Hybrid Cloud and Public Cloud. It generates most income from the Hybrid Cloud section. The Hybrid Cloud section provides a portfolio of storage administration and infrastructure options that assist prospects recast their conventional information facilities with the facility of cloud. This portfolio is designed to function with public clouds to unlock the potential of hybrid, multi-cloud operations. Hybrid Cloud consists of software program, {hardware}, and associated assist, in addition to skilled and different companies.
Monetary Milestones: NetApp’s Journey
Market Capitalization: With restricted market capitalization, the corporate is positioned under business averages. This displays a smaller scale relative to friends.
Income Progress: Over the three months interval, NetApp showcased optimistic efficiency, reaching a income development fee of 5.5% as of 30 April, 2024. This displays a considerable improve within the firm’s top-line earnings. Compared to its business friends, the corporate trails behind with a development fee decrease than the typical amongst friends within the Data Expertise sector.
Internet Margin: The corporate’s internet margin is a standout performer, exceeding business averages. With a formidable internet margin of 17.45%, the corporate showcases sturdy profitability and efficient value management.
Return on Fairness (ROE): NetApp’s monetary power is mirrored in its distinctive ROE, which exceeds business averages. With a exceptional ROE of 27.2%, the corporate showcases environment friendly use of fairness capital and powerful monetary well being.
Return on Belongings (ROA): The corporate’s ROA is a standout performer, exceeding business averages. With a formidable ROA of 3.02%, the corporate showcases efficient utilization of belongings.
Debt Administration: With a excessive debt-to-equity ratio of 2.31, NetApp faces challenges in successfully managing its debt ranges, indicating potential monetary pressure.
The Core of Analyst Scores: What Each Investor Ought to Know
Benzinga tracks 150 analyst companies and experiences on their inventory expectations. Analysts sometimes arrive at their conclusions by predicting how a lot cash an organization will make sooner or later, normally the upcoming 5 years, and the way dangerous or predictable that firm’s income streams are.
Analysts attend firm convention calls and conferences, analysis firm monetary statements, and talk with insiders to publish their rankings on shares. Analysts sometimes fee every inventory as soon as per quarter or each time the corporate has a significant replace.
Along with their assessments, some analysts lengthen their insights by providing predictions for key metrics corresponding to earnings, income, and development estimates. This supplementary info supplies additional steerage for merchants. It’s essential to acknowledge that, regardless of their specialization, analysts are human and might solely present forecasts primarily based on their beliefs.
This text was generated by Benzinga’s automated content material engine and reviewed by an editor.
