Netgear is an American manufacturer of networking equipment and computer hardware. Their innovative strategy and the high quality standards of its products give Netgear leading places in United States (38% of the company revenue) and United Kingdom (52%). Their exposition on Asian-Pacific markets gives them strong growing drivers with growth rates about 30%.
From fundamental viewpoints, the stock is trading at relatively low price at 13.8x the estimates for 2012, while average price earnings ratio is close to 22 for the sector. Results for quarter 1 2012 outperformed the analysts previsions with net result 25% up to the consensus at 25 million dollars. With expectations of net results at 96.7 million dollars, representing a 6% increase, the EPS should be close to $2.61 for 2012.
Technically the stock formed an extraction gap after quarter 1 publications. A brief falling back movement was stopped by 20-days moving average. A new impulse could push the security on its short term resistance of USD 39.31. The 50 and 100-days moving averages will formed a new support area as soon as they will be crossed.
The current level formed an interesting entry point for short-term performance with a target at USD 39.3. A stop loss will be engaged below the opened gap at USD 34.3.
NETGEAR, Inc. is engaged in providing networking technologies and Internet-connected products for consumers, businesses and service providers. The Company operates through two segments: Connected Home, and NETGEAR for Business. The Connected Home segment focuses on consumers and provides high-performance, dependable and easy-to-use premium WiFi networking solutions such as WiFi 6, WiFi 6E and WiFi 7 Tri-band and Quad-band mesh systems and routers, 4G/5G mobile products, smart devices such as Meural digital displays, and subscription services that provide consumers a range of value-added services. The NETGEAR for Business segment focuses on businesses and provides solutions for business networking, wireless local area network (LAN), audio and video over Ethernet for Pro AV applications, security and remote management. The Company conducts business across three geographic territories: the Americas; Europe, Middle East and Africa (EMEA), and Asia Pacific (APAC).
NETGEAR, INC. 
