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NetApp Inc, Common Stock

NTAP

NSQ

$97.91

-$0.04

(-0.04%)

1D
Industry: Technology Hardware, Storage & Peripherals Sector: Information Technology

Analyst Forecast

Price Chart

Key Metrics

Market Cap info-icon
This is a company’s total value as determined by the stock market. It is calculated by multiplying the total number of a company's outstanding shares by the current market price of one share.
$20.21B
P/E Ratio info-icon
This is the ratio of a security’s current share price to its earnings per share. This ratio determines the relative value of a company’s share.
22.25
Volume info-icon
This is the total number of shares traded during the most recent trading day.
1.83M
Avg Volume info-icon
This is the average number of shares traded during the most recent 30 days.
1.39M
Dividend Yield info-icon
This ratio shows how much income you earn in dividend payouts per year for every dollar invested in the stock (or the stock’s annual dividend payment expressed as a percentage of its current price).
2.04%
Beta info-icon
This measures the expected move in a stock’s price relative to movements in the overall market. The market, such as the S&P 500 Index, has a beta of 1.0. If a stock has a Beta greater (or lower) than 1.0, it suggests that the stock is more (or less) volatile than the broader market.
1.27
52-week Range info-icon
This shows the range of the stock’s price between the 52-week high (the highest price of the stock for the past 52 weeks) and the 52-week low (the lowest price of the stock for the past 52 weeks).
$59.49 L
$111.95 H
$97.91

About NetApp Inc, Common Stock

NetApp, Inc. provides cloud-led and data-centric services to manage and share data on-premises, and private and public clouds worldwide. It operates in two segments, Hybrid Cloud and Public Could. The company offers intelligent data management software, such as NetApp ONTAP, NetApp Snapshot, NetApp SnapCenter Backup Management, NetApp SnapMirror Data Replication, NetApp SnapLock Data Compliance, and storage infrastructure solutions, including NetApp All-Flash FAS series, NetApp Fabric Attached Storage, NetApp E/EF series, and NetApp StorageGRID. In addition, it provides cloud storage and data services comprising NetApp Cloud Volumes ONTAP, Azure NetApp Files, Amazon FSx for NetApp ONTAP, NetApp Cloud Volumes Service for Google Cloud, and cloud operations services, such as NetApp Cloud Insights, Spot by NetApp, and Instaclustr. Further, the company offers application-aware data management service under the NetApp Astra name; and professional and support services, such as strategic consulting, professional, managed, and support services. Additionally, it provides assessment, design, implementation, and migration services. The company serves the energy, financial service, government, technology, internet, life science, healthcare service, manufacturing, media, entertainment, animation, video postproduction, and markets through a direct sales force and an ecosystem of partners. NetApp, Inc. was incorporated in 1992 and is headquartered in San Jose, California. more

Industry: Technology Hardware, Storage & PeripheralsSector: Information Technology

Returns

Time FrameNTAPSectorS&P500
1-Week Return-4.36%--
1-Month Return-6.07%-8.28%-5.03%
3-Month Return11%-4.08%2.76%
6-Month Return35.04%17.76%18.67%
1-Year Return58.39%31.94%21.87%
3-Year Return40.28%40.47%25.75%
5-Year Return48.5%159.48%85.4%
10-Year Return250.64%505.74%217.58%

Financials

Apr '19Apr '20Apr '21Apr '22Apr '235YR TREND
Total Revenue6.15B5.41B5.74B6.32B6.36B[{"date":"2019-04-30","value":96.6,"profit":true},{"date":"2020-04-30","value":85.07,"profit":true},{"date":"2021-04-30","value":90.29,"profit":true},{"date":"2022-04-30","value":99.31,"profit":true},{"date":"2023-04-30","value":100,"profit":true}]
Cost of Revenue2.20B1.79B1.93B2.10B2.15B[{"date":"2019-04-30","value":100,"profit":true},{"date":"2020-04-30","value":81.28,"profit":true},{"date":"2021-04-30","value":87.64,"profit":true},{"date":"2022-04-30","value":95.32,"profit":true},{"date":"2023-04-30","value":97.82,"profit":true}]
Gross Profit3.94B3.62B3.81B4.22B4.21B[{"date":"2019-04-30","value":93.48,"profit":true},{"date":"2020-04-30","value":85.85,"profit":true},{"date":"2021-04-30","value":90.4,"profit":true},{"date":"2022-04-30","value":100,"profit":true},{"date":"2023-04-30","value":99.74,"profit":true}]
Gross Margin64.19%66.94%66.42%66.79%66.16%[{"date":"2019-04-30","value":95.88,"profit":true},{"date":"2020-04-30","value":100,"profit":true},{"date":"2021-04-30","value":99.21,"profit":true},{"date":"2022-04-30","value":99.78,"profit":true},{"date":"2023-04-30","value":98.83,"profit":true}]
Operating Expenses2.76B2.69B2.88B3.02B3.05B[{"date":"2019-04-30","value":90.56,"profit":true},{"date":"2020-04-30","value":88.36,"profit":true},{"date":"2021-04-30","value":94.49,"profit":true},{"date":"2022-04-30","value":98.92,"profit":true},{"date":"2023-04-30","value":100,"profit":true}]
Operating Income1.22B945.00M1.03B1.16B1.02B[{"date":"2019-04-30","value":100,"profit":true},{"date":"2020-04-30","value":77.4,"profit":true},{"date":"2021-04-30","value":84.44,"profit":true},{"date":"2022-04-30","value":94.76,"profit":true},{"date":"2023-04-30","value":83.37,"profit":true}]
Total Non-Operating Income/Expense115.00M(8.00M)(134.00M)(128.00M)50.00M[{"date":"2019-04-30","value":100,"profit":true},{"date":"2020-04-30","value":-6.96,"profit":false},{"date":"2021-04-30","value":-116.52,"profit":false},{"date":"2022-04-30","value":-111.3,"profit":false},{"date":"2023-04-30","value":43.48,"profit":true}]
Pre-Tax Income1.27B944.00M962.00M1.09B1.07B[{"date":"2019-04-30","value":100,"profit":true},{"date":"2020-04-30","value":74.45,"profit":true},{"date":"2021-04-30","value":75.87,"profit":true},{"date":"2022-04-30","value":86.36,"profit":true},{"date":"2023-04-30","value":84.07,"profit":true}]
Income Taxes99.00M125.00M232.00M158.00M(208.00M)[{"date":"2019-04-30","value":42.67,"profit":true},{"date":"2020-04-30","value":53.88,"profit":true},{"date":"2021-04-30","value":100,"profit":true},{"date":"2022-04-30","value":68.1,"profit":true},{"date":"2023-04-30","value":-89.66,"profit":false}]
Income After Taxes1.17B819.00M730.00M937.00M1.27B[{"date":"2019-04-30","value":91.76,"profit":true},{"date":"2020-04-30","value":64.29,"profit":true},{"date":"2021-04-30","value":57.3,"profit":true},{"date":"2022-04-30","value":73.55,"profit":true},{"date":"2023-04-30","value":100,"profit":true}]
Income From Continuous Operations1.17B819.00M730.00M937.00M1.27B[{"date":"2019-04-30","value":91.76,"profit":true},{"date":"2020-04-30","value":64.29,"profit":true},{"date":"2021-04-30","value":57.3,"profit":true},{"date":"2022-04-30","value":73.55,"profit":true},{"date":"2023-04-30","value":100,"profit":true}]
Income From Discontinued Operations-----[{"date":"2019-04-30","value":"-","profit":true},{"date":"2020-04-30","value":"-","profit":true},{"date":"2021-04-30","value":"-","profit":true},{"date":"2022-04-30","value":"-","profit":true},{"date":"2023-04-30","value":"-","profit":true}]
Net Income1.17B819.00M730.00M937.00M1.27B[{"date":"2019-04-30","value":91.76,"profit":true},{"date":"2020-04-30","value":64.29,"profit":true},{"date":"2021-04-30","value":57.3,"profit":true},{"date":"2022-04-30","value":73.55,"profit":true},{"date":"2023-04-30","value":100,"profit":true}]
EPS (Diluted)4.524.094.055.295.59[{"date":"2019-04-30","value":80.86,"profit":true},{"date":"2020-04-30","value":73.17,"profit":true},{"date":"2021-04-30","value":72.45,"profit":true},{"date":"2022-04-30","value":94.63,"profit":true},{"date":"2023-04-30","value":100,"profit":true}]

Ratios

Liquidity

These ratios help you determine the liquidity of the company. Higher is better.

NTAP
Cash Ratio 0.77
Current Ratio 1.15
Quick Ratio 1.11

Asset Efficiency

These ratios help you understand the company's efficiency in using its assets to generate returns. Higher is better. For ROE, average long term is around 14%, less than 10% is poor.

NTAP
ROA (LTM) 8.02%
ROE (LTM) 89.70%

Liabilities

These ratios help you understand the company's liabilities, gauging the riskiness of the investment.

NTAP
Debt Ratio Lower is generally better. Negative is bad. 0.89
Common Equity/Total Assets Higher is better. Lower can suggest investment is riskier. 0.11
Debt/Equity The higher the number, the more leverage the business employs, the riskier the investment typically is. 9.43

Valuation

These ratios help you understand the company's valuation. Lower may indicate cheaper stocks.

NTAP
Trailing PE 22.31
Forward PE 14.71
P/S (TTM) 3.40
P/B 21.14
Price/FCF 45
EV/R 3.36
EV/Ebitda 13.67
PEG NM

News

NetApp Inc CEO George Kurian Sells 8,500 Shares

NetApp Inc CEO George Kurian Sells 8,500 Shares

18 Apr, 2024 a 5:40 am GuruFocus

NetApp Partners with Google Cloud to Maximise Flexibility for Cloud Data Storage

NetApp, the intelligent data infrastructure company, today announced an expansion of its partnership with Google Cloud to make it easier for organisations to leverage their data for generative AI (GenAI) and other hybrid cloud workloads The post NetApp Partners with Google Cloud to Maximise Flexibility for Cloud Data Storage appeared first on CRN - India .

12 Apr, 2024 a 8:31 am CRN India

NetApp and Google Cloud enhance data infrastructure for Generative AI

NetApp (NASDAQ: NTAP), a leader in intelligent data infrastructure, has announced an expansion of its partnership with Google Cloud. This collaboration aims to simplify the utilization of data for generative AI (GenAI) and other hybrid cloud workloads through significant enhancements to the Google Cloud NetApp Volumes. At the forefront of this announcement is the introduction […]

12 Apr, 2024 a 2:55 am Business News Today

NetApp Partners with Google Cloud to Maximize Flexibility for Cloud Data Storage

NetApp (NASDAQ: NTAP), the intelligent data infrastructure company, today announced an expansion of its partnership with Google Cloud to make it easier for organizations to leverage their data for generative AI (GenAI) and other hybrid cloud workloads. NetApp and Google Cloud are announcing the Flex service level for Google Cloud NetApp Volumes which supports storage volumes of nearly any size. Jetzt den vollständigen Artikel lesen

10 Apr, 2024 a 5:00 pm Wallstreet:Online

NetApp Partners with Google Cloud to Maximize Flexibility for Cloud Data Storage | NTAP Stock News

NetApp expands partnership with Google Cloud to enhance cloud storage capabilities for generative AI and hybrid cloud workloads. The collaboration introduces Flex service level for NetApp Volumes, offering more storage options and performance levels. The GenAI toolkit enables efficient RAG operations on Google Cloud Vertex AI platform, empowering organizations to generate valuable insights and automations.

10 Apr, 2024 a 5:00 pm Stock Titan

NetApp Promotes Daniel De Lorenzo to Top Accounting Role

NetApp (NTAP) has provided an announcement. NetApp, Inc. has elevated Daniel De Lorenzo to Vice President, Controller, and Chief Accounting Officer…

9 Apr, 2024 a 8:24 pm TipRanks

FAQs

What is NetApp Inc share price today?

NetApp Inc (NTAP) share price today is $97.91

Can Indians buy NetApp Inc shares?

Yes, Indians can buy shares of NetApp Inc (NTAP) on Vested. To buy NetApp Inc from India, you can open a US Brokerage account on Vested today by clicking on Sign Up or Invest in NTAP stock at the top of this page. The account opening process is completely digital and secure, and takes a few minutes to complete.

Can Fractional shares of NetApp Inc be purchased?

Yes, you can purchase fractional shares of NetApp Inc (NTAP) via the Vested app. You can start investing in NetApp Inc (NTAP) with a minimum investment of $1.

How to invest in NetApp Inc shares from India?

You can invest in shares of NetApp Inc (NTAP) via Vested in three simple steps:

  • Click on Sign Up or Invest in NTAP stock at the top of this page
  • Breeze through our fully digital and secure KYC process and open your US Brokerage account in a few minutes
  • Transfer USD funds to your US Brokerage account and start investing in NetApp Inc shares
What is NetApp Inc 52-week high and low stock price?

The 52-week high price of NetApp Inc (NTAP) is $111.95. The 52-week low price of NetApp Inc (NTAP) is $59.49.

What is NetApp Inc price-to-earnings (P/E) ratio?

The price-to-earnings (P/E) ratio of NetApp Inc (NTAP) is 22.25

What is NetApp Inc price-to-book (P/B) ratio?

The price-to-book (P/B) ratio of NetApp Inc (NTAP) is 21.14

What is NetApp Inc dividend yield?

The dividend yield of NetApp Inc (NTAP) is 2.04%

What is the Market Cap of NetApp Inc?

The market capitalization of NetApp Inc (NTAP) is $20.21B

What is NetApp Inc’s stock symbol?

The stock symbol (or ticker) of NetApp Inc is NTAP

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