NetApp Inc
General ticker "NTAP" information:
- Sector: Information Technology
- Industry: Technology Hardware, Storage & Peripherals
- Capitalization: $25.3B
NetApp Inc follows the US Stock Market performance with the rate: 69.4%.
Estimated limits based on current volatility of 1.7%: low 116.73$, high 120.82$
Factors to consider:
- Company included in S&P500 list
- Company pays dividends: last record date 2024-10-04, amount 0.52$ (Y1.76%)
- US accounted for 46.7% of revenue in the fiscal year ended 2023-04-28
- Price in estimated range
- Earnings for 6 months up through Q2 exceed our estimates
Stock Forecast*
* forecast is subjective and experimental, should not be used for any investment decisions
Long term estimates were made for the period from 2024-04-26 to 2026-04-26
- 2024-04-26 to 2025-04-26 estimated range: [84.70$, 128.47$]
- 2025-04-26 to 2026-04-26 estimated range: [99.25$, 145.97$]
Financial Metrics affecting the NTAP estimates:
- Positive: Non-GAAP EPS, $ of 6.47 > 2.29
- Negative: Investing cash flow per share, $ of -3.53 <= -3.48
- Negative: Industry operating cash flow per share per price (median), % of 0.54 <= 3.85
- Positive: 9.05 < Operating profit margin, % of 19.37
- Negative: Industry inventory ratio change (median), % of 2.87 > 0.49
- Positive: Interest expense per share, $ of 0.31 <= 0.74
- Negative: Industry operating profit margin (median), % of 0.10 <= 2.14
Short-term NTAP quotes
Long-term NTAP plot with estimates
Financial data
| YTD | 2022-04-29 | 2023-04-28 | 2024-04-26 |
|---|---|---|---|
| Operating Revenue | $6,318.00MM | $6,362.00MM | $6,268.00MM |
| Operating Expenses | $5,161.00MM | $5,344.00MM | $5,054.00MM |
| Operating Income | $1,157.00MM | $1,018.00MM | $1,214.00MM |
| Non-Operating Income | $-62.00MM | $48.00MM | $49.00MM |
| Interest Expense | $73.00MM | $234.00MM | $64.00MM |
| R&D Expense | $881.00MM | $956.00MM | $1,029.00MM |
| Income(Loss) | $1,095.00MM | $1,066.00MM | $1,263.00MM |
| Taxes | $158.00MM | $-208.00MM | $277.00MM |
| Profit(Loss) | $937.00MM | $1,274.00MM | $986.00MM |
| Stockholders Equity | $838.00MM | $1,159.00MM | $1,146.00MM |
| Inventory | $204.00MM | $167.00MM | $186.00MM |
| Assets | $10,026.00MM | $9,818.00MM | $9,887.00MM |
| Operating Cash Flow | $1,211.00MM | $1,107.00MM | $1,685.00MM |
| Capital expenditure | $226.00MM | $239.00MM | $155.00MM |
| Investing Cash Flow | $-561.00MM | $-1,390.00MM | $-735.00MM |
| Financing Cash Flow | $-1,017.00MM | $-1,513.00MM | $-1,344.00MM |
| Earnings Per Share* | $4.20 | $5.87 | $4.74 |
* EPS are Split Adjusted, recent splits may be reflected with a delay.