NetApp Inc. Shares Climb 0.1% Past Previous 52-Week High - Market Mover

The shares rose 0.1% lower than its previous 52-week high of $74.84, with trading volume lower than its 30 day average

Mar 25, 2021 by Kwhen Finance Editors

NetApp Inc. Shares Climb 0.1% Past Previous 52-Week High - Market Mover
NetApp Inc. shares closed 0.1% lower than its previous 52 week high, giving the company a market cap of $16B. The stock is currently up 13.7% year-to-date, up 83.5% over the past 12 months, and up 221.3% over the past five years. This week, the Dow Jones Industrial Average fell 0.8%, and the S&P 500 fell 0.1%.

Trading Activity

  • Trading volume this week was 6.5% lower than the 20-day average.
  • Beta, a measure of the stock’s volatility relative to the overall market stands at 1.3.

Technical Indicators

  • The Relative Strength Index (RSI) on the stock was above 70, indicating it may be overbought.
  • MACD, a trend-following momentum indicator, indicates an upward trend.
  • The stock closed below its Bollinger band, indicating it may be oversold.
  • The stock closed at 6.0% higher than its 5-day moving average, 11.0% higher than its 20-day moving average, and 16.2% higher than its 90-day moving average.

Fundamentals & Catalysts

  • Over the past 12 months the company generated $1 billion in earnings before interest and taxes from $5 billion in revenue. It currently holds $3 billion in cash and $2 billion in debt.
  • Its forward price-to-earnings (P/E) ratio of 15.624610916209358 is lower than its current P/E ratio of 28.11, implying that analysts are expecting an increase in earnings.
  • The company's price/earnings-to-growth ratio (PEG Ratio), a widely used indicator of a stock's true value while also factoring in expected earnings growth, currently stands at -0.84. A fairly valued company should have a PEG ratio of 1.0. When a company's PEG exceeds 1.0, it's considered overvalued while a stock with a PEG of less than 1.0 is considered undervalued.
  • The company's debt-to-equity ratio, which measures the extent to which it finances its operations through debt, currently stands at 22.76 which means it currently has $22.76 of debt for every $1 of equity. Generally speaking, a debt to equity ratio below 1.0 is seen as relatively safe, while ratios of 2.0 or higher would be considered risky. Some industries are known for having much higher debt to equity ratios than others.
  • The company's price-to-book ratio, which measures the market's valuation of a company relative to its book value, currently stands at 37.79. This means that the stock is trading at a premium of 38 times relative to the company's book value which reflects the total value of a company's assets that shareholders of that company would receive if the company were to be liquidated.
  • The company's price-to-sales ratio, which shows how much the market values every dollar of the company's sales, currently stands at 2.53.
  • The company's enterprise value-to-revenue multiple, which is often used to determine a company's valuation in the case of a potential acquisition, currently stands at 2.35.

P/E

28.11

EBITDA

$1B

P/Book

37.79

Mkt Cap

$16B

P/Sales

2.53

Revenue

$5B

EPS (TTM)

2.64

PEG Ratio

-0.84

EV/Revenue

2.35

Total Cash

$3B

Debt/Equity

22.76

Forward P/E

15.62

Current Debt

$2B

Gross Profit

$3B

Dividend Date

2021-04-08

Earnings Date

2021-02-24

Profit Margin

0.12

Revenue/Share

24.73

Total Revenue

$5B

Enterprise Val

$12B

Put/Call Ratio

0.65

Revenue/Employee

526095.24

Market Comparative Performance

  • The company's share price is the same as the S&P 500 Index , beats it on a 1-year basis, and beats it on a 5-year basis
  • The company's share price is the same as the Dow Jones Industrial Average , beats it on a 1-year basis, and beats it on a 5-year basis
  • The company share price is the same as the performance of its peers in the Information Technology industry sector , beats it on a 1-year basis, and lags it on a 5 year basis
NameDoD %ΔYTD %Δ1 Yr %52-Week H %52-Week L %
NetApp Inc.6.413.783.5-5.895.7
Dow Jones Industrial Average1.47.156.9-1.461.3
S&P 500 Index1.64.660.4-1.562.9
Information Technology2.10.375.1-9.077.1

Peer Group Comparative Performance

  • The company's stock price performance year-to-date lags the peer average by -60.3%
  • The company's stock price performance over the past 12 months beats the peer average by 13.3%
  • The company's price-to-earnings ratio, which relates a company's share price to its earnings per share, is -25.1% lower than the average peer.
NameMKT CAP (USD)P/EYTD %Δ1 Yr %Δ52-Week H %52-Week L %
NetApp Inc.NTAP28.113.783.5-5.895.7
Peer AvgN/A37.534.573.7-12.4100.8
HP Inc.HPQ12.229.680.8-5.3129.7
Western Digital CorporationWDC123.321.553.9-10.395.3
Seagate Technology PLCSTX18.223.465.9-5.872.9
Teradata CorporationTDC34.077.392.4-35.1114.8
Super Micro Computer Inc.SMCI020.675.7-5.491.2

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