At the time of writing, Netscout Systems Inc [NTCT] stock is trading at $25.06, up 12.13%. It is a good measure of the stock’s recent performance to check whether the stock’s short-term value is rising or falling. The NTCT shares have gain 8.81% over the last week, with a monthly amount glided 15.75%, and seem to be holding up well over a long-time horizon.
From an analyst’s perspective:
Netscout Systems Inc [NASDAQ: NTCT] stock has seen the most recent analyst activity on May 05, 2023, when Piper Sandler upgraded its rating to a Neutral but kept the price target unchanged to $30 for it. Previously, Piper Sandler downgraded its rating to Underweight on May 31, 2022, and dropped its price target to $33. On October 30, 2020, downgrade downgraded it’s rating to Hold but maintained its price target of $26 on the stock. Piper Sandler upgraded its rating to a Neutral. Lake Street downgraded its rating to a Hold. Piper Jaffray downgraded its rating to Underweight for this stock on October 11, 2019, and downed its price target to $20. In a note dated April 10, 2019, Piper Jaffray downgraded an Neutral rating on this stock and revised its target price from $31 to $30.
For the past year, the stock price of Netscout Systems Inc fluctuated between $17.10 and $24.32. Currently, Wall Street analysts expect the stock to reach $22 within the next 12 months. Netscout Systems Inc [NASDAQ: NTCT] shares were valued at $25.06 at the most recent close of the market. An investor can expect a potential drop of -12.21% based on the average NTCT price forecast.
Analyzing the NTCT fundamentals
According to Netscout Systems Inc [NASDAQ:NTCT], the company’s sales were 787.19M for trailing twelve months, which represents an -2.89% plunge. Gross Profit Margin for this corporation currently stands at 0.74% with Operating Profit Margin at -0.17%, Pretax Profit Margin comes in at -0.77%, and Net Profit Margin reading is -0.76%. To continue investigating profitability, this company’s Return on Assets is posted at -0.29, Equity is -0.36 and Total Capital is -0.08. An extended analysis of the company’s primary financial structure reveals a debt-to-equity ratio of0.08.
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 23.94 points at the first support level, and at 22.83 for the second support level. However, for the 1st resistance point, the stock is sitting at 27.03, and for the 2nd resistance point, it is at 29.01.
Ratios To Look Out For
It is important to note that Netscout Systems Inc [NASDAQ:NTCT] has a current ratio of 1.66. Further, the Quick Ratio stands at 1.62, while the Cash Ratio is 1.05. Considering the valuation of this stock, the price to sales ratio is 2.28, the price to book ratio is 1.23.
Transactions by insiders
Recent insider trading involved DOWNING JOHN, EVP, World-Wide Sales, that happened on Nov 11 ’24 when 3000.0 shares were sold. Officer, DOWNING JOHN completed a deal on Nov 11 ’24 to buy 3000.0 shares. Meanwhile, Director HADZIMA JOSEPH G JR sold 7000.0 shares on Nov 01 ’24.
