Netgear Inc [NTGR] stock is trading at $22.12, down -4.12%. An important factor to consider is whether the stock is rising or falling in short-term value. The NTGR shares have gain 3.41% over the last week, with a monthly amount drifted -9.34%, and not seem to be holding up well over a long-time horizon.
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.
Netgear Inc [NTGR] stock has fluctuated between $10.48 and $31.55 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 $22.12 at the most recent close of the market. An investor can expect a potential drop of -0.54% based on the average NTGR price forecast.
Analyzing the NTGR fundamentals
Netgear Inc [NASDAQ:NTGR] reported sales of 674.66M for the trailing twelve months, which represents a drop of -3.28%. Gross Profit Margin for this corporation currently stands at 0.29% with Operating Profit Margin at 0.03%, Pretax Profit Margin comes in at 0.04%, and Net Profit Margin reading is 0.02%. To continue investigating profitability, this company’s Return on Assets is posted at 0.01, Equity is 0.02 and Total Capital is 0.04. An extended analysis of the company’s primary financial structure reveals a debt-to-equity ratio of0.04.
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 21.54 points at the first support level, and at 20.95 for the second support level. However, for the 1st resistance point, the stock is sitting at 22.85, and for the 2nd resistance point, it is at 23.57.
Ratios To Look Out For
For context, Netgear Inc’s Current Ratio is 2.81. On the other hand, the Quick Ratio is 2.20, and the Cash Ratio is 1.06. Considering the valuation of this stock, the price to sales ratio is 0.95, the price to book ratio is 1.17 and price to earnings (TTM) ratio is 56.94.
Transactions by insiders
Recent insider trading involved Bryan Murray, Chief Financial Officer, that happened on Mar 14 ’25 when 3848.0 shares were sold. Officer, BRYAN D MURRAY completed a deal on Mar 14 ’25 to buy 3848.0 shares. Meanwhile, Officer HEIDI B CORMACK bought 2358.0 shares on Mar 11 ’25.
