Some Thoughts on NetApp

Shares of NetApp have moved -0.6% today, and are now trading at a price of $64.04. In contrast, the S&P 500 index saw a -0.0% change. Today's trading volume is 149,046 compared to the stock's average volume of 1,732,238.

NetApp, Inc. provides cloud-led and data-centric services to manage and share data on-premises, and private and public clouds worldwide. Based in San Jose, United States the company has 12,000 full time employees and a market cap of $14,234,683,392. NetApp currently offers its equity investors a dividend that yields 3.0% per year.

The company is now trading -27.16% away from its average analyst target price of $87.92 per share. The 19 analysts following the stock have set target prices ranging from $62.41 to $120, and on average give NetApp a rating of buy.

2019-04-30 2020-04-30 2021-04-30 2022-04-30
Revenue (MM) $6,146 $5,412 $5,744 $6,318
Revenue Growth n/a -11.94% 6.13% 9.99%
Gross Margins 64.2% 66.9% 66.4% 66.8%
Gross Margins Growth n/a 4.21% -0.75% 0.6%
Operating Margins 19.2% 17.2% 16.2% 19.0%
Operating Margins Growth n/a -10.42% -5.81% 17.28%
Earnings Per Share $4.51 $3.52 $3.23 $4.09
EPS Growth n/a -21.95% -8.24% 26.63%
Free Cash Flow (MM) $1,168 $936 $1,171 $985
FCF Growth n/a -19.86% 25.11% -15.88%
Capital Expenditures (MM) -$173 -$124 -$162 -$226
Net Debt / EBITDA -0.36 -0.8 -1.61 -1.01
The above analysis is intended for educational purposes only and was performed on the basis of publicly available data. It is not to be construed as a recommendation to buy or sell any security. Any buy, sell, or other recommendations mentioned in the article are direct quotations of consensus recommendations from the analysts covering the stock, and do not represent the opinions of Market Inference or its writers. Past performance, accounting data, and inferences about market position and corporate valuation are not reliable indicators of future price movements. Market Inference does not provide financial advice. Investors should conduct their own review and analysis of any company of interest before making an investment decision.

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