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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 0.03% 26727.54 Delayed Quote.14.58%
NASDAQ 100 -0.07% 7723.021462 Delayed Quote.22.10%
NASDAQ COMP. -0.32% 8005.696298 Delayed Quote.21.05%
NETAPP -0.34% 61.25 Delayed Quote.3.00%
S&P 500 -0.17% 2945.35 Delayed Quote.17.70%
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Financials ($)
Sales 2020 6 286 M
EBIT 2020 1 462 M
Net income 2020 1 113 M
Finance 2020 1 395 M
Yield 2020 3,15%
P/E ratio 2020 13,50
P/E ratio 2021 11,91
EV / Sales 2020 2,12x
EV / Sales 2021 1,78x
Capitalization 14 701 M
Chart NETAPP
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NetApp Technical Analysis Chart | MarketScreener
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Technical analysis trends NETAPP
Short TermMid-TermLong Term
TrendsBearishNeutralNeutral
Income Statement Evolution
Consensus
Sell
Buy
Mean consensus OUTPERFORM
Number of Analysts 28
Average target price 71,3 $
Spread / Average Target 16%
EPS Revisions
Managers
NameTitle
George Kurian President, Chief Executive Officer & Director
Thomas Michael Nevens Chairman
Bill Berg Senior Vice President-Operations
Ronald J. Pasek Chief Financial Officer & Executive Vice President
William H. Miller SVP & Chief Information Officer
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INTERNATIONAL BRANDING MARKETING INC.--.--%241