Netapp Inc (NTAP) concluded trading on Thursday at a closing price of $99.21, with 3.92 million shares of worth about $389.32 million changed hands on the day. Half year performance of the stock remained negative as price took a plunge of -18.91% during that period and on May 29, 2025 the price saw a loss of about -0.46%. Currently the company’s common shares owned by public are about 206.38M shares, out of which, 205.35M shares are available for trading.
Stock saw a price change of -0.36% in past 5 days and over the past one month there was a price change of 12.92%. Year-to-date (YTD), NTAP shares are showing a performance of -14.53% which decreased to -14.23% when we look at its performance for past 12 months. Over the period of past 52 weeks, stock dropped to lowest price of $71.84 but also hit the highest price of $135.45 during that period. The average intraday trading volume for Netapp Inc shares is 2.28 million. The stock is currently trading 1.99% above its 20-day simple moving average (SMA20), while that difference is up 9.37% for SMA50 and it goes to -11.74% lower than SMA200.
Netapp Inc (NASDAQ: NTAP) currently have 206.38M outstanding shares and institutions hold larger chunk of about 92.13% of that.
The stock has a current market capitalization of $20.47B and its 3Y-monthly beta is at 1.42. PE ratio of stock for trailing 12 months is 18.36, while it has posted earnings per share of $5.40 in the same period. Its PEG reads 2.05 and has Quick Ratio of 0.85 while making debt-to-equity ratio of 2.26. Volatility of a stock is a metric used to know how much the price of that stock is under influence and for NTAP, volatility over the week remained 1.79% while standing at 1.63% over the month.
Stock’s fiscal year EPS is expected to rise by 6.37% while it is estimated to increase by 9.35% in next year. EPS is likely to grow at an annualized rate of 8.97% for next 5-years, compared to annual growth of 0.51% made by the stock over the past 5-years.
Digging deeper we find that several firms have released their research notes about the support levels of the stock. Most recent of them is a note released by Barclays on April 30, 2025 offering an Overweight rating for the stock and assigned a target price of $115 to it. Coverage by TD Cowen stated Netapp Inc (NTAP) stock as a Buy in their note to investors on February 28, 2025, suggesting a price target of $130 for the stock. Stock get an Overweight rating from JP Morgan on December 16, 2024.
