NetApp (NTAP)
(Delayed Data from NSDQ)
$122.22 USD
+2.14 (1.78%)
Updated Sep 20, 2024 04:00 PM ET
After-Market: $122.23 +0.01 (0.01%) 7:58 PM ET
1-Strong Buy of 5 1
D Value A Growth F Momentum C VGM
Company Summary
NetApp provides enterprise storage as well as data management software and hardware products and services. The San Jose, CA based company assists enterprises in managing multiple clouds environments, adopting next-generation technologies like artificial intelligence (AI), Kubernetes, and contemporary databases, and navigating the complexity brought about by the quick development of data and cloud usage.
NetApp reported revenues of $6.27 billion in fiscal 2024. The company derived 90% of revenues from the Hybrid Cloud segment and the remaining from the Public Cloud Segment.
Hybrid Cloud offers a portfolio of storage management and infrastructure solutions that assist ...
Company Summary
NetApp provides enterprise storage as well as data management software and hardware products and services. The San Jose, CA based company assists enterprises in managing multiple clouds environments, adopting next-generation technologies like artificial intelligence (AI), Kubernetes, and contemporary databases, and navigating the complexity brought about by the quick development of data and cloud usage.
NetApp reported revenues of $6.27 billion in fiscal 2024. The company derived 90% of revenues from the Hybrid Cloud segment and the remaining from the Public Cloud Segment.
Hybrid Cloud offers a portfolio of storage management and infrastructure solutions that assist customers to transforming their traditional data centers into modern data centers with the help of cloud. Under this segment, the company offers intelligent data management software which includes NetApp ONTAP, NetApp Snapshot, NetApp SnapCenter Backup Management, and NetApp Astra, etc.
Customers using NetApp Fabric Attached Storage (FAS) Arrays benefit from a combination of capacity and performance when using either hybrid-flash or disc drive configurations. FAS systems are ideal for secondary storage targets for disaster recovery, backup, and tiering. The Hybrid Cloud also offers storage solution which includes NetApp All-Flash FAS (AFF A-Series), NetApp QLC-Flash FAS (AFF C-Series) and NetApp StorageGRID etc.
Public Cloud offers a portfolio of products delivered primarily as-a-service, along with associated support. This portfolio includes cloud storage and data services and cloud operations services.
The company’s cloud operations services include NetApp Cloud Insights, Spot by NetApp and Instaclustr platform. Apart from these, NetApp also offers support, consulting and training services. The company markets and distributes products worldwide through a direct sales force, and an ecosystem of partners, including the leading cloud providers.
On a geographical basis, NetApp generated 51% of revenues in fiscal 2024 from the Americas (the United States, Canada and Latin America), 34% from Europe, Middle East and Africa (EMEA) and the remaining 15% from Asia Pacific (APAC).
NetApp faces stiff competition from companies like HP, Dell, IBM and Oracle.
General Information
NetApp, Inc
3060 OLSEN DRIVE
SAN JOSE, CA 95128
Phone: 408-822-6000
Fax: 408-822-4501
Email: investor_relations@netapp.com
Industry | Computer- Storage Devices |
Sector | Computer and Technology |
Fiscal Year End | April |
Last Reported Quarter | 7/31/2024 |
Exp Earnings Date | 11/26/2024 |
EPS Information
Current Quarter EPS Consensus Estimate | 1.79 |
Current Year EPS Consensus Estimate | 7.08 |
Estimated Long-Term EPS Growth Rate | 4.70 |
Exp Earnings Date | 11/26/2024 |
Price and Volume Information
Zacks Rank | |
Yesterday's Close | 120.08 |
52 Week High | 135.01 |
52 Week Low | 70.82 |
Beta | 1.23 |
20 Day Moving Average | 1,747,697.25 |
Target Price Consensus | 132.33 |
4 Week | -8.19 |
12 Week | -5.11 |
YTD | 38.63 |
4 Week | -9.28 |
12 Week | -9.14 |
YTD | 13.71 |
Shares Outstanding (millions) | 204.78 |
Market Capitalization (millions) | 25,028.54 |
Short Ratio | NA |
Last Split Date | 3/23/2000 |
Dividend Yield | 1.70% |
Annual Dividend | $2.08 |
Payout Ratio | 0.38 |
Change in Payout Ratio | -0.11 |
Last Dividend Payout / Amount | 7/5/2024 / $0.52 |
Fundamental Ratios
P/E (F1) | 17.27 |
Trailing 12 Months | 17.76 |
PEG Ratio | 3.70 |
vs. Previous Year | 47.62% |
vs. Previous Quarter | -13.29% |
vs. Previous Year | 7.61% |
vs. Previous Quarter | -7.61% |
Price/Book | 26.94 |
Price/Cash Flow | 18.91 |
Price / Sales | 3.92 |
7/31/24 | 121.41 |
4/30/24 | 114.54 |
1/31/24 | 109.49 |
7/31/24 | 12.38 |
4/30/24 | 11.52 |
1/31/24 | 11.07 |
7/31/24 | 0.96 |
4/30/24 | 1.19 |
1/31/24 | 1.15 |
7/31/24 | 0.91 |
4/30/24 | 1.15 |
1/31/24 | 1.11 |
7/31/24 | 18.27 |
4/30/24 | 17.28 |
1/31/24 | 16.81 |
7/31/24 | 17.01 |
4/30/24 | 15.73 |
1/31/24 | 15.21 |
7/31/24 | 21.58 |
4/30/24 | 20.15 |
1/31/24 | 19.37 |
7/31/24 | 4.54 |
4/30/24 | 5.57 |
1/31/24 | 4.82 |
7/31/24 | 11.28 |
4/30/24 | 12.88 |
1/31/24 | 13.42 |
7/31/24 | 1.34 |
4/30/24 | 1.74 |
1/31/24 | 2.00 |
7/31/24 | 57.25 |
4/30/24 | 63.48 |
1/31/24 | 66.70 |