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MarketScreener Homepage  >  Equities  >  Nasdaq  >  NetApp    NTAP

NETAPP

(NTAP)
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NetApp Down Over 12%, on Pace for Largest Percent Decrease Since August 2011 -- Data Talk

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05/23/2019 | 10:55am EDT

NetApp Inc. (NTAP) is currently at $58.55, down $8.55 or 12.74%

-- Would be lowest close since Jan. 3, 2019, when it closed at $57.48

-- On pace for largest percent decrease since Aug. 18, 2011, when it fell 14.05%

-- Earlier Thursday, Lake Street cut its rating on NetApp to hold from buy, Benzinga reported

-- On Wednesday, NetApp reported adjusted fourth quarter earnings of $1.22 a share. Analysts polled by FactSet were expecting earnings of $1.26 a share on an adjusted basis. Revenue fell to $1.59 billion from $1.64 billion a year earlier. Analysts had expected revenue to be flat for the quarter

-- Currently down four of the past five days

-- Currently down two consecutive days; down 16.35% over this period

-- Worst two day stretch since the two days ending Aug. 18, 2011, when it fell 16.79%

-- Down 60.61% from its all-time closing high of $148.62 on Oct. 20, 2000

-- Down 14.00% from 52 weeks ago (May 24, 2018), when it closed at $68.08

-- Traded as low as $58.50; lowest intraday level since Jan. 8, 2019, when it hit $57.97

-- Down 12.82% at today's intraday low; largest intraday percent decrease since Nov. 15, 2018, when it fell as much as 13.79%

-- Worst performer in the S&P 500 today

-- Worst performer in the Nasdaq 100 today

-- Eighth most active stock in the Nasdaq 100 today

All data as of 10:26:39 AM

Source: Dow Jones Market Data, FactSet

Stocks mentioned in the article
ChangeLast1st jan.
DJ INDUSTRIAL -0.95% 26770.2 Delayed Quote.14.76%
NASDAQ 100 -0.93% 7868.490778 Delayed Quote.25.47%
NASDAQ COMP. -0.83% 8089.54332 Delayed Quote.22.93%
NETAPP -0.98% 53.49 Delayed Quote.-10.36%
S&P 500 -0.39% 2986.2 Delayed Quote.19.12%
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Financials (USD)
Sales 2020 5 650 M
EBIT 2020 1 130 M
Net income 2020 802 M
Finance 2020 1 762 M
Yield 2020 3,58%
P/E ratio 2020 16,0x
P/E ratio 2021 14,0x
EV / Sales2020 1,94x
EV / Sales2021 1,87x
Capitalization 12 726 M
Chart NETAPP
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NetApp Technical Analysis Chart | MarketScreener
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Technical analysis trends NETAPP
Short TermMid-TermLong Term
TrendsNeutralBearishBearish
Income Statement Evolution
Consensus
Sell
Buy
Mean consensus HOLD
Number of Analysts 29
Average target price 53,50  $
Last Close Price 53,49  $
Spread / Highest target 40,2%
Spread / Average Target 0,02%
Spread / Lowest Target -25,2%
EPS Revisions
Managers
NameTitle
George Kurian President, Chief Executive Officer & Director
Thomas Michael Nevens Independent Chairman
Bill Berg Senior Vice President-Operations
Ronald J. Pasek Chief Financial Officer & Executive Vice President
William H. Miller Chief Information Officer & SVP
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