Analyst Scoreboard: 18 Scores For NetApp – NetApp (NASDAQ:NTAP)

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 current rankings, shedding mild on the altering sentiments inside the previous 30 days and evaluating them to the previous months.

Bullish Considerably Bullish Detached Considerably Bearish Bearish
Complete 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 value targets, analyzed by analysts, provide insights with a mean goal of $127.78, a excessive estimate of $155.00, and a low estimate of $100.00. This upward development is clear, with the present common reflecting a 12.41% improve from the earlier common value goal of $113.67.

Investigating Analyst Scores: An Elaborate Research

In analyzing current analyst actions, we achieve insights into how monetary specialists understand NetApp. The next abstract outlines key analysts, their current evaluations, and changes to rankings and value 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 Optimistic $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 Optimistic $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 Optimistic $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’, ‘Increase’, or ‘Decrease’ their stance, IT signifies their response to current 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 replicate expectations for the relative efficiency of NetApp in comparison with the broader market.
  • Value Targets: Analysts predict actions in value targets, providing estimates for NetApp’s future worth. Analyzing the present and prior targets provides insights into analysts’ evolving expectations.

Seize helpful 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 Must Know About NetApp

NetApp Inc is a number one supplier of enterprise knowledge administration and storage options. The corporate’s segments embrace Hybrid Cloud and Public Cloud. IT generates most income from the Hybrid Cloud phase. The Hybrid Cloud phase provides a portfolio of storage administration and infrastructure options that assist clients recast their conventional knowledge 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 help, in addition to skilled and different providers.

Monetary Milestones: NetApp’s Journey

Market Capitalization: With restricted market capitalization, the corporate is positioned under trade averages. This displays a smaller scale relative to friends.

Income Progress: Over the three months interval, NetApp showcased constructive efficiency, reaching a income development charge of 5.5% as of 30 April, 2024. This displays a considerable improve within the firm’s top-line earnings. Compared to its trade friends, the corporate trails behind with a development charge decrease than the typical amongst friends within the Information Technology sector.

Internet Margin: The corporate’s internet margin is a standout performer, exceeding trade averages. With a formidable internet margin of 17.45%, the corporate showcases robust profitability and efficient price management.

Return on Fairness (ROE): NetApp’s monetary energy is mirrored in its distinctive ROE, which exceeds trade averages. With a exceptional ROE of 27.2%, the corporate showcases environment friendly use of fairness capital and robust monetary Health.

Return on Property (ROA): The corporate’s ROA is a standout performer, exceeding trade averages. With a formidable ROA of 3.02%, the corporate showcases efficient utilization of property.

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 reviews on their inventory expectations. Analysts usually arrive at their conclusions by predicting how a lot cash an organization will make sooner or later, often 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 usually charge every inventory as soon as per quarter or every time the corporate has a significant replace.

Along with their assessments, some analysts lengthen their insights by providing predictions for key metrics reminiscent of earnings, income, and development estimates. This supplementary Information gives additional steering for merchants. IT is 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.

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