NetApp, Inc. (NTAP): Price and Financial Metrics


NetApp, Inc. (NTAP): $93.01

0.27 (+0.29%)

POWR Rating

Component Grades

Growth

S

Value

I

Momentum

G

Stability

N

Sentiment

U

Quality

P

NTAP POWR Grades


  • Quality is the dimension where NTAP ranks best; there it ranks ahead of 97.83% of US stocks.
  • NTAP's strongest trending metric is Stability; it's been moving up over the last 52 weeks.
  • NTAP ranks lowest in Value; there it ranks in the 42nd percentile.

NTAP Stock Summary

  • NTAP has a higher market value than 87.51% of US stocks; more precisely, its current market capitalization is $20,739,392,782.
  • NetApp Inc's capital turnover -- a measure of revenue relative to shareholder's equity -- is better than 95.92% of US listed stocks.
  • Equity multiplier, or assets relative to shareholders' equity, comes in at 15.81 for NetApp Inc; that's greater than it is for 96.98% of US stocks.
  • Stocks that are quantitatively similar to NTAP, based on their financial statements, market capitalization, and price volatility, are TTWO, CGNX, IRBT, DIOD, and SCWX.
  • Visit NTAP's SEC page to see the company's official filings. To visit the company's web site, go to www.netapp.com.

NTAP Valuation Summary

  • In comparison to the median Technology stock, NTAP's price/earnings ratio is 30% lower, now standing at 27.3.
  • Over the past 243 months, NTAP's price/sales ratio has gone down 0.1.
  • NTAP's price/earnings ratio has moved down 21.1 over the prior 243 months.

Below are key valuation metrics over time for NTAP.

Stock Date P/S P/B P/E EV/EBIT
NTAP 2021-09-01 3.5 29.1 27.3 18.8
NTAP 2021-08-31 3.5 29.0 27.2 18.7
NTAP 2021-08-30 3.4 28.8 27.0 18.5
NTAP 2021-08-27 3.4 28.4 26.6 18.2
NTAP 2021-08-26 3.3 28.1 26.3 18.0
NTAP 2021-08-25 3.2 26.8 25.2 17.1

NTAP Growth Metrics

  • Its 3 year cash and equivalents growth rate is now at -18.93%.
  • Its 2 year net cashflow from operations growth rate is now at -28.28%.
  • The 5 year revenue growth rate now stands at -5.15%.
Over the past 67 months, NTAP's revenue has gone up $193,300,000.

The table below shows NTAP's growth in key financial areas (numbers in millions of US dollars).

Date Revenue Operating Cash Flow Net Income to Common Stock
2021-06-30 5,899 1,335 855
2021-03-31 5,744 1,333 730
2020-12-31 5,590 1,157 592
2020-09-30 5,524 1,204 687
2020-06-30 5,479 990 793
2020-03-31 5,412 1,060 819

NTAP's Quality Factors

The “Quality” component of the POWR Ratings focuses on 31 different factors of a companies fundamentals and operational strength. Here are some key insights as we drill into the specifics of these quality attributes.
  • NTAP has a Quality Grade of A, ranking ahead of 97.83% of graded US stocks.
  • NTAP's asset turnover comes in at 0.662 -- ranking 42nd of 83 Computers stocks.
  • QMCO, OMQS, and CSCO are the stocks whose asset turnover ratios are most correlated with NTAP.

The table below shows NTAP's key quality metrics over time.

Period Asset Turnover Gross Margin ROIC
2021-07-30 0.662 0.668 0.505
2021-04-30 0.659 0.664 0.426
2021-01-29 0.677 0.666 0.376
2020-10-30 0.694 0.667 0.446
2020-07-31 0.709 0.671 0.588
2020-04-24 0.715 0.669 0.709

NTAP Price Target

For more insight on analysts targets of NTAP, see our NTAP price target page. And for a list of of all stocks sorted by upside potential based on analyst target price, see our Top Price Target page.

Average Price Target $92.14 Average Broker Recommendation 1.73 (Moderate Buy)

NTAP Stock Price Chart Interactive Chart >

Price chart for NTAP

NTAP Price/Volume Stats

Current price $93.01 52-week high $94.69
Prev. close $92.74 52-week low $41.90
Day low $92.72 Volume 1,922,300
Day high $94.23 Avg. volume 1,675,690
50-day MA $89.04 Dividend yield 2.12%
200-day MA $78.13 Market Cap 20.80B

NetApp, Inc. (NTAP) Company Bio


NetApp Inc. is engaged in providing software, systems and services to manage and store customer data. The Company offers a portfolio of products and services to a range of customer workloads across various data types and deployment models. Its data management solutions enable customers on-premises or in a public cloud resource to control, integrate, move and manage it. It offers both all-flash arrays and hybrid flash arrays and its portfolio includes hybrid and all-flash storage offerings. The company was founded in 1992 and is based in Sunnyvale, California.


NTAP Latest News Stream


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Latest NTAP News From Around the Web

Below are the latest news stories about NetApp Inc that investors may wish to consider to help them evaluate NTAP as an investment opportunity.

Should I Buy NetApp Inc. (NTAP)?

We at Insider Monkey have gone over 873 13F filings that hedge funds and prominent investors are required to file by the SEC. The 13F filings show the funds’ and investors’ portfolio positions as of June 30th. In this article, we look at what those funds think of NetApp Inc. (NASDAQ:NTAP) based on that data. […]

Yahoo | October 18, 2021

NetApp Stock Falls After Goldman Sachs Downgrades to Sell

The NetApp move comes, 'as we begin to factor in a moderating information technology spending environment in 2022,' Goldman says.

Yahoo | October 18, 2021

NetApp (NTAP) Soars to 52-Week High, Time to Cash Out?

NetApp (NTAP) is at a 52-week high, but can investors hope for more gains in the future? We take a look at the company's fundamentals for clues.

Yahoo | October 18, 2021

Citi Turns Bullish On This Software Company

Citi analyst Jim Suva double upgraded NetApp Inc (NASDAQ: NTAP ) to Buy from Sell with a $120 price target,

Business Insider Markets | October 14, 2021

What 8 Analyst Ratings Have To Say About NetApp

Analysts have provided the following ratings for NetApp (NASDAQ: NTAP ) within the last quarter:

Business Insider Markets | October 14, 2021

Read More 'NTAP' Stories Here

NTAP Price Returns

1-mo 0.81%
3-mo 20.34%
6-mo 21.97%
1-year 103.49%
3-year 38.06%
5-year 212.02%
YTD 44.05%
2020 10.94%
2019 7.43%
2018 9.67%
2017 59.94%
2016 36.56%

NTAP Dividends

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Continue Researching NTAP

Here are a few links from around the web to help you further your research on NetApp Inc's stock as an investment opportunity:

NetApp Inc (NTAP) Stock Price | Nasdaq
NetApp Inc (NTAP) Stock Quote, History and News - Yahoo Finance
NetApp Inc (NTAP) Stock Price and Basic Information | MarketWatch

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