Based on the analysis of NetApp's profitability, liquidity, and operating efficiency, NetApp Inc is doing better financially today then in previous quarter. It has a moderate probability of reporting better financial numbers in March. At this time, NetApp's Cash is relatively stable compared to the past year. As of 01/30/2025, Non Current Assets Total is likely to grow to about 6 B, while Retained Earnings are likely to drop slightly above 227.2 M. Key indicators impacting NetApp's financial strength include:
The essential information of the day-to-day investment outlook for NetApp includes many different criteria found on its balance sheet. An individual investor should monitor NetApp's cash flow, debt, and profitability to accurately make informed decisions on whether to invest in NetApp.
NetApp competes with Rigetti Computing, D Wave, Desktop Metal, Quantum Computing, and Ageagle Aerial. NetApp, Inc. provides cloud-led and data-centric services to manage and share data on-premises, and private and public clouds worldwide. NetApp, Inc. was incorporated in 1992 and is headquartered in San Jose, California. NetApp operates under Computer Hardware classification in the United States and is traded on NASDAQ Exchange. It employs 12000 people.
Specialization
Information Technology, Technology Hardware & Equipment
The reason investors look at the income statement is to determine what NetApp's earnings per share (EPS) will be in order to see if they want to buy more shares or not. For example, if a company earned $20 million in the last quarter and has 100,000 shares outstanding, its EPS is 20 cents. If you find that this number beats analysts' forecasts or is higher than it was from the same period last year, then you might want to buy more of this stock even though its price per share may not have changed.
Comparative valuation techniques use various fundamental indicators to help in determining NetApp's current stock value. Our valuation model uses many indicators to compare NetApp value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across NetApp competition to find correlations between indicators driving NetApp's intrinsic value. More Info.
NetApp Inc is considered to be number one stock in return on equity category among its peers. It also is considered to be number one stock in return on asset category among its peers reporting about 0.08 of Return On Asset per Return On Equity. The ratio of Return On Equity to Return On Asset for NetApp Inc is roughly 13.15 . At this time, NetApp's Return On Equity is relatively stable compared to the past year. Comparative valuation analysis is a catch-all technique that is used if you cannot value NetApp by discounting back its dividends or cash flows. It compares the stock's price multiples to nearest competition to determine if the stock is relatively undervalued or overvalued.
NetApp Inc Systematic Risk
NetApp's systematic risk plays a vital role in portfolio allocation when considering its stock to be added to a well-diversified portfolio. NetApp volatility which cannot be eliminated through diversification, requires returns over the risk-free rate. Over the long run, a well-diversified portfolio provides returns that match its exposure to systematic risk. In this case, investors face a trade-off between expected returns and systematic risk and, therefore, can only reduce a portfolio's exposure to systematic risk by sacrificing expected returns on the portfolio.
The output start index for this execution was thirty with a total number of output elements of thirty-one. The Beta measures systematic risk based on how returns on NetApp Inc correlated with the market. If Beta is less than 0 NetApp generally moves in the opposite direction as compared to the market. If NetApp Beta is about zero movement of price series is uncorrelated with the movement of the benchmark. if Beta is between zero and one NetApp Inc is generally moves in the same direction as, but less than the movement of the market. For Beta = 1 movement of NetApp is generally in the same direction as the market. If Beta > 1 NetApp moves generally in the same direction as, but more than the movement of the benchmark.
NetApp Thematic Clasifications
NetApp Inc is part of several thematic ideas from Computers to SRI Sustainable Growth. If you are a theme-oriented, socially responsible, and at the same time, a result-driven investor, you can align your investing habits with your values without jeopardizing your expectations about returns. You can easily create an optimal portfolio of stocks, ETFs, funds, or cryptocurrencies based on a specific theme of your liking. Get More Thematic Ideas
Today, most investors in NetApp Stock are looking for potential investment opportunities by analyzing not only static indicators but also various NetApp's growth ratios. Consistent increases or decreases in fundamental ratios usually indicate a possible pattern that can be successfully translated into profits. However, when comparing two companies, knowing each company's growth growth rates may not be enough to decide which company is a better investment. That's why investors frequently use static breakdown of NetApp growth as a starting point in their analysis.
Along with financial statement analysis, the daily predictive indicators of NetApp help investors to analyze its daily demand and supply, volume, patterns, and price swings to determine the real value of NetApp Inc. We use our internally-developed statistical techniques to arrive at the intrinsic value of NetApp Inc based on widely used predictive technical indicators. In general, we focus on analyzing NetApp Stock price patterns and their correlations with different microeconomic environment and drivers. We also apply predictive analytics to build NetApp's daily price indicators and compare them against related drivers.
When running NetApp's price analysis, check to measure NetApp's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy NetApp is operating at the current time. Most of NetApp's value examination focuses on studying past and present price action to predict the probability of NetApp's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move NetApp's price. Additionally, you may evaluate how the addition of NetApp to your portfolios can decrease your overall portfolio volatility.