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 | |
|---|---|---|---|---|---|
| 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 value targets, analyzed by analysts, supply insights with a mean goal of $127.78, a excessive estimate of $155.00, and a low estimate of $100.00. This upward pattern 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 Examine
In analyzing current analyst actions, we acquire 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 affords 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. Inspecting the present and prior targets affords insights into analysts’ evolving expectations.
Seize useful 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 affords a portfolio of storage administration and infrastructure options that assist clients recast their conventional knowledge facilities with the ability 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 business averages. This displays a smaller scale relative to friends.
Income Development: Over the three months interval, NetApp showcased optimistic efficiency, attaining a income progress charge 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 progress charge decrease than the common amongst friends within the Data Expertise sector.
Internet Margin: The corporate’s web margin is a standout performer, exceeding business averages. With a formidable web margin of 17.45%, the corporate showcases robust profitability and efficient value management.
Return on Fairness (ROE): NetApp’s monetary energy is mirrored in its distinctive ROE, which exceeds business averages. With a outstanding 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 corporations and experiences on their inventory expectations. Analysts usually 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 usually charge every inventory as soon as per quarter or every time the corporate has a serious replace.
Along with their assessments, some analysts lengthen their insights by providing predictions for key metrics akin to earnings, income, and progress estimates. This supplementary data gives additional steering for merchants. It’s essential to acknowledge that, regardless of their specialization, analysts are human and might solely present forecasts based mostly on their beliefs.
This text was generated by Benzinga’s automated content material engine and reviewed by an editor.
