Netgear Inc [NTGR] stock prices are up 3.92% to $22.78 at the moment. In order to assess the stock’s recent performance, you can check whether its short-term value is rising or falling. The NTGR shares have gain 12.66% over the last week, with a monthly amount glided 19.52%, and seem to be holding up well over a long-time horizon.
3 Tiny Stocks Primed to Explode
The world's greatest investor — Warren Buffett — has a simple formula for making big money in the markets. He buys up valuable assets when they are very cheap. For stock market investors that means buying up cheap small cap stocks like these with huge upside potential.
We've set up an alert service to help smart investors take full advantage of the small cap stocks primed for big returns.
Click here for full details and to join for free
Sponsored
From an analyst’s perspective:
Netgear Inc [NASDAQ: NTGR] stock has seen the most recent analyst activity on May 02, 2024, when BWS Financial downgraded its rating to a Neutral. Previously, BWS Financial upgraded its rating to Buy on July 28, 2022, and kept the price target unchanged to $30. On October 28, 2021, downgrade downgraded it’s rating to Neutral but maintained its price target of $30 on the stock. BWS Financial upgraded its rating to a Buy but $33 remained the price target by the analyst firm on March 30, 2020. BWS Financial downgraded its rating to Hold for this stock on February 07, 2020, but kept the price target unchanged to $27.50. In a note dated June 28, 2019, Deutsche Bank initiated an Hold rating and provided a target price of $28 on this stock.
The stock price of Netgear Inc [NTGR] has been fluctuating between $10.48 and $22.62 over the past year. Currently, Wall Street analysts expect the stock to reach $22 within the next 12 months. Netgear Inc [NASDAQ: NTGR] shares were valued at $22.78 at the most recent close of the market. An investor can expect a potential drop of -3.42% based on the average NTGR price forecast.
Analyzing the NTGR fundamentals
The Netgear Inc [NASDAQ:NTGR] reported sales of 680.86M for trailing twelve months, representing a drop of -6.85%. Gross Profit Margin for this corporation currently stands at 0.3% with Operating Profit Margin at 0.04%, Pretax Profit Margin comes in at 0.05%, and Net Profit Margin reading is 0.03%. To continue investigating profitability, this company’s Return on Assets is posted at 0.02, Equity is 0.04 and Total Capital is 0.04. An extended analysis of the company’s primary financial structure reveals a debt-to-equity ratio of0.07.
Before buying any particular stock, readers tend to pay close attention to the indicators that support and create resistance. The company’s stock is currently sitting at 21.81 points at the first support level, and at 20.83 for the second support level. However, for the 1st resistance point, the stock is sitting at 23.43, and for the 2nd resistance point, it is at 24.07.
Ratios To Look Out For
It’s worth pointing out that Netgear Inc [NASDAQ:NTGR]’s Current Ratio is 2.84. In addition, the Quick Ratio stands at 2.24 and the Cash Ratio stands at 1.01. Considering the valuation of this stock, the price to sales ratio is 1.00, the price to book ratio is 1.19 and price to earnings (TTM) ratio is 35.47.
Transactions by insiders
Recent insider trading involved WAECHTER THOMAS H, Director, that happened on Sep 12 ’24 when 2500.0 shares were sold. Officer, HEIDI B CORMACK completed a deal on Aug 06 ’24 to buy 4688.0 shares. Meanwhile, Officer MICHAEL WERDANN bought 2993.0 shares on Aug 01 ’24.
