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Network Appliance (NTAP-Q)
NASDAQ:NTAP
121.42
1.70
(1.42%) 1d
Financials
Technical Analysis
This summary was created by AI, based on 1 opinions in the last 12 months.
Network Appliance (NTAP) offers services for data management and sharing in both cloud and on-premises environments. Currently trading at a forward price-to-earnings ratio of 15x, the company has experienced stable, mature growth over recent years, averaging in the mid-single-digit range. With a robust balance sheet featuring $267 million in net cash, NTAP has been actively paying dividends and repurchasing shares, indicating a strong commitment to returning value to shareholders. However, future sales growth is expected to be modest at around 3% annually, leading to concerns about its limited growth prospects. In essence, NTAP represents a value-oriented investment with solid cash flow for shareholders despite its subdued growth outlook.
$105.190
Unknown
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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
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?
1 stock analyst on Stockchase covered Network Appliance In the last year. It is a trending stock that is worth watching.
What is Network Appliance stock price?
On 2025-02-04, Network Appliance (NTAP-Q) stock closed at a price of $121.415.
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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