In last trading session, Netgear Inc (NASDAQ:NTGR) saw 0.58 million shares changing hands with its beta currently measuring 1.11. Company’s recent per share price level of $24.76 trading at $2.33 or 10.39% at ring of the bell on the day assigns it a market valuation of $712.64M. That closing price of NTGR’s stock is at a discount of -27.42% from its 52-week high price of $31.55 and is indicating a premium of 57.67% from its 52-week low price of $10.48. Taking a look at company’s average trading volume for last 10-days demonstrates a volume of 0.36 million shares which gives us an average trading volume of 406.73K if we extend that period to 3-months.
For Netgear Inc (NTGR), analysts’ consensus is at an average recommendation of Buy while assigning it a mean rating of 2.50. Splitting up the data highlights that, out of 2 analysts covering the stock, 0 rated the stock as a Sell while 0 recommended an Overweight rating for the stock. 1 suggested the stock as a Hold whereas 1 see the stock as a Buy. 0 analyst(s) advised it as an Underweight. The company is expected to be making an EPS of -0.37 in the current quarter.
Netgear Inc (NASDAQ:NTGR) trade information
Upright in the green during last session for gaining 10.39%, in the last five days NTGR remained trading in the green while hitting it’s week-highest on Friday, 04/25/25 when the stock touched $24.76 price level, adding 0.08% to its value on the day. Netgear Inc’s shares saw a change of -11.16% in year-to-date performance and have moved 11.99% in past 5-day. Netgear Inc (NASDAQ:NTGR) showed a performance of 0.57% in past 30-days. Number of shares sold short was 1.33 million shares which calculate 3.71 days to cover the short interests.
Wall Street analysts have assigned a consensus price target of 22 to the stock, which implies a fall of -12.55% to its current value. Analysts have been projecting 22 as a low price target for the stock while placing it at a high target of 22. It follows that stock’s current price would jump 11.15% in reaching the projected high whereas dropping to the targeted low would mean a gain of 11.15% for stock’s current value.
Netgear Inc (NTGR) estimates and forecasts
This year revenue growth is estimated to rise 1.07% from the last financial year’s standing.
1 industry analysts have given their estimates about the company’s current quarter revenue by setting an average figure of 152.24M for the same. And 1 analysts are in estimates of company making revenue of 149M in the next quarter. Company posted 164.59M and 143.9M of sales in current and next quarters respectively a year earlier.
Weighing up company’s earnings over the past 5-year and in the next 5-year periods, we find the company posting an annual earnings growth rate of -12.39% during past 5 years.
Netgear Inc (NASDAQ:NTGR)’s Major holders
Insiders are in possession of 3.65% of company’s total shares while institution are holding 95.66 percent of that, with stock having share float percentage of 99.28%. Investors also watch the number of corporate investors in a company very closely, which is 95.66% institutions for Netgear Inc that are currently holding shares of the company. BLACKROCK INC. is the top institutional holder at NTGR for having 4.55 million shares of worth $69.68 million. And as of 2024-06-30, it was holding 15.7678 of the company’s outstanding shares.
The second largest institutional holder is BRANDES INVESTMENT PARTNERS, LP, which was holding about 3.9 million shares on 2024-06-30. The number of shares represents firm’s hold over 13.4906 of outstanding shares, having a total worth of $59.25 million.
On the other hand, VANGUARD INDEX FUNDS-Vanguard Total Stock Market Index Fund and iShares Trust-iShares Russell 2000 ETF are the top two Mutual Funds which own company’s shares. As of Dec 31, 2024 , the former fund manager was holding 780.08 shares of worth $19.31 million or 2.71% of the total outstanding shares. The later fund manager was in possession of 751.2 shares on Mar 31, 2025 , making its stake of worth around $18.6 million in the company or a holder of 2.61% of company’s stock.