NASDAQ:NTAP

102.36
0.55 (0.54%) 1d
0
Investor Insights

This summary was created by AI, based on 1 opinions in the last 12 months.

Network Appliance (NTAP-Q) provides data management services on cloud and premises. With a strong balance sheet and aggressive return of cash to shareholders, the company is seen as a value type of name. However, limited growth prospects are expected despite consistent sales growth. Overall, NTAP is viewed as a stable company with strong cash flow and shareholder returns but with limited growth potential.

Consensus
Stable
Valuation
Fair Value
HOLD
Network Appliance
Trevor Rose’s Insights - Trevor’s most-liked answers from 5i Research

NTAP provides services to manage and share data on cloud and premises, and is now trading at 15x times' Forward P/E. In the last few years, growth was quite mature, in the mid-single-digit range on average. The balance sheet is strong, with net cash of $267M. The company has been paying dividends and repurchasing shares aggressively over the last few years. Based on consensus estimates, sales are expected to grow by about 3% on average going forward. Overall, a value type of name with lots of cash flow to be returned to shareholders but limited growth prospects. 
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computer software / processing
BUY
Network Appliance
Storage type of area in technology. Earnings are starting to turn around.
computer software / processing
TOP PICK
Network Appliance
Blue chip high tech with a lot of ability to make sales overseas. Technically on the charts it looks good.
computer software / processing
DON'T BUY
Network Appliance
One of the great net workers and now data storage company. Has been in a pretty deep down trend for some time and he doesn't know why it is like that. Would be more interested if there was some buying on it and it broke the $32 - $33 level. Would stick with large caps right now.
computer software / processing
WAIT
Network Appliance
Likes, but slowing down.
computer software / processing
DON'T BUY
Network Appliance
Storage a good sector, but better through EMC
computer software / processing
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Network Appliance(NTAP-Q) Rating

Ranking : 3 out of 5

Bullish - Buy Signals / Votes : 0

Neutral - Hold Signals / Votes : 1

Bearish - Sell Signals / Votes : 0

Total Signals / Votes : 1

Stockchase rating for Network Appliance is calculated according to the stock experts' signals. A high score means experts mostly recommend to buy the stock while a low score means experts mostly recommend to sell the stock.

Network Appliance(NTAP-Q) Frequently Asked Questions

What is Network Appliance stock symbol?

Network Appliance is a American stock, trading under the symbol NTAP-Q on the NASDAQ (NTAP). It is usually referred to as NASDAQ:NTAP or NTAP-Q

Is Network Appliance a buy or a sell?

In the last year, 1 stock analyst published opinions about NTAP-Q. 0 analysts recommended to BUY the stock. 0 analysts recommended to SELL the stock. The latest stock analyst recommendation is . Read the latest stock experts' ratings for Network Appliance.

Is Network Appliance a good investment or a top pick?

Network Appliance was recommended as a Top Pick by on . Read the latest stock experts ratings for Network Appliance.

Why is Network Appliance stock dropping?

Earnings reports or recent company news can cause the stock price to drop. Read stock experts’ recommendations for help on deciding if you should buy, sell or hold the stock.

Is Network Appliance worth watching?

In the last year, there was no coverage of Network Appliance published on Stockchase.

What is Network Appliance stock price?

On 2024-04-15, Network Appliance (NTAP-Q) stock closed at a price of $102.36.