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NASDAQ: NTAP
Netapp Inc Stock

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$63.08-1.58 (-2.44%)
Updated Dec 6, 2022
NTAP Price
$63.08
Fair Value Price
$76.62
Market Cap
$13.60B
52 Week Low
$60.56
52 Week High
$96.82
P/E
9.39x
P/B
11.31x
P/S
2.3x
PEG
N/A
Dividend Yield
3.17%
Revenue
$6.55B
Earnings
$1.48B
Gross Margin
65.6%
Operating Margin
17.61%
Profit Margin
22.5%
Debt to Equity
7.14
Operating Cash Flow
$1B
Beta
1.11
Next Earnings
N/A
Ex-Dividend
Jan 5, 2023
Next Dividend
Jan 25, 2023

NTAP Overview

NetApp, Inc. provides cloud-led and data-centric services to manage and share data on-premises, and private and public clouds worldwide. It operates in two segments, Hybrid Cloud and Public Could. The company offers intelligent data management software, such as NetApp ONTAP, NetApp Snapshot, NetApp SnapCenter Backup Management, NetApp SnapMirror Data Replication, NetApp SnapLock Data Compliance, NetApp ElementOS software, and NetApp SANtricity software; and storage infrastructure solutions, including NetApp All-Flash FAS series, NetApp Fabric Attached Storage, NetApp FlexPod, NetApp E/EF series, NetApp StorageGRID, and NetApp SolidFire. It also provides cloud storage and data services comprising NetApp Cloud Volumes ONTAP, Azure NetApp Files, Amazon FSx for NetApp ONTAP, NetApp Cloud Volumes Service for Google Cloud, NetApp Cloud Sync, NetApp Cloud Tiering, NetApp Cloud Backup, NetApp Cloud Data Sense, and NetApp Cloud Volumes Edge Cache; and cloud operations services, such as NetApp Cloud Insights, Spot Ocean Kubernetes Suite, Spot Security, Spot Eco, and Spot CloudCheckr. In addition, the company offers application-aware data management service under the NetApp Astra name; and professional and support services, such as strategic consulting, professional, managed, and support services. Further, it provides assessment, design, implementation, and migration services. The company serves the energy, financial service, government, technology, internet, life science, healthcare service, manufacturing, media, entertainment, animation, video postproduction, and telecommunication markets through a direct sales force and an ecosystem of partners. NetApp, Inc. was incorporated in 1992 and is headquartered in San Jose, California.

Zen Score

Industry Average (36)
You've viewed Zen Score for 10/10 free stocks. Upgrade to Premium to see how NTAP scored across 38 valuation, financial, forecast, performance, and dividend due diligence checks.

Due Diligence Checks

NTAP ($63.08) is undervalued by 17.67% relative to our estimate of its Fair Value price of $76.62 based on Discounted Cash Flow (DCF) modelling, but does not have a significant margin of safety
Below Fair Value Valuation
NTAP ($63.08) is not significantly undervalued (17.67%) relative to our estimate of its Fair Value price of $76.62 based on Discounted Cash Flow (DCF) modelling, when including a healthy margin of safety
Significantly Below Fair Value Valuation
NTAP is forecast by analysts... subscribe to Premium to read more.
Below Benjamin Graham Formula Value Valuation
There are 35 more NTAP due diligence checks available for Premium users.

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NTAP News

Valuation

NTAP fair value

Fair Value of NTAP stock based on Discounted Cash Flow (DCF)
Price
$63.08
Fair Value
$76.62
Undervalued by
17.67%
NTAP ($63.08) is undervalued by... subscribe to Premium to read more.
Below Fair Value Valuation
NTAP ($63.08) is not significantly... subscribe to Premium to read more.
Significantly Below Fair Value Valuation
NTAP is forecast by analysts... subscribe to Premium to read more.
Below Benjamin Graham Formula Value Valuation

NTAP price to earnings (PE)

For valuing profitable companies with steady earnings
Company
9.39x
Industry
-17.84x
Market
21.59x
NTAP is good value based... subscribe to Premium to read more.
P/E vs Industry Valuation
NTAP is good value based... subscribe to Premium to read more.
P/E vs Market Valuation

NTAP price to book (PB)

For valuing companies that are loss-making or have lots of physical asset
Company
11.31x
Industry
4.17x
NTAP is poor value based... subscribe to Premium to read more.
P/B vs Industry Valuation

NTAP's financial health

Profit margin

Revenue
$1.7B
Net Income
$750.0M
Profit Margin
45.1%
NTAP's Earnings (EBIT) of $1.15B... subscribe to Premium to read more.
Interest Coverage Financials
NTAP's profit margin has increased... subscribe to Premium to read more.
Profit Margin Growth Financials

Assets to liabilities

Assets
$9.8B
Liabilities
$8.6B
Debt to equity
7.14
NTAP's short-term assets ($4.60B) exceed... subscribe to Premium to read more.
Short-term Liabilities Financials
NTAP's long-term liabilities ($5.18B) exceed... subscribe to Premium to read more.
Long-term Liabilities Financials
NTAP's debt has increased relative... subscribe to Premium to read more.
Shrinking Debt Financials
NTAP's debt to equity ratio... subscribe to Premium to read more.
Healthy Debt to Equity Financials

Cash flow

Operating
$214.0M
Investing
-$288.0M
Financing
-$520.0M
NTAP's operating cash flow ($1.17B)... subscribe to Premium to read more.
Debt Coverage Financials

NTAP vs Computer Hardware Stocks

TickerMarket Cap1d %P/EP/B
NTAP$13.60B-2.44%9.39x11.31x
STX$10.78B-0.10%9.81x-30.70x
WDC$10.77B-2.59%11.49x0.89x
LOGI$9.70B-2.19%19.80x4.47x
PSTG$8.67B-0.89%-725.50x11.39x

Netapp Stock FAQ

What is Netapp's quote symbol?

NASDAQ: NTAP) Netapp trades on the NASDAQ under the ticker symbol NTAP. Netapp stock quotes can also be displayed as NASDAQ: NTAP.

If you're new to stock investing, here's how to buy Netapp stock.

What is the 52 week high and low for Netapp (NASDAQ: NTAP)?

(NASDAQ: NTAP) Netapp's 52-week high was $96.82, and its 52-week low was $60.56. It is currently -34.85% from its 52-week high and 4.16% from its 52-week low.

How much is Netapp stock worth today?

(NASDAQ: NTAP) Netapp currently has 215,573,357 outstanding shares. With Netapp stock trading at $63.08 per share, the total value of Netapp stock (market capitalization) is $13.60B.

Netapp stock was originally listed at a price of $4.44 in Dec 31, 1997. If you had invested in Netapp stock at $4.44, your return over the last 24 years would have been 1,321.36%, for an annualized return of 11.69% (not including any dividends or dividend reinvestments).

How much is Netapp's stock price per share?

(NASDAQ: NTAP) Netapp stock price per share is $63.08 today (as of Dec 6, 2022).

What is Netapp's Market Cap?

(NASDAQ: NTAP) Netapp's market cap is $13.60B, as of Dec 7, 2022.

Market cap (market capitalization) is the total market value of a publicly traded company's outstanding shares.

Netapp's market cap is calculated by multiplying NTAP's current stock price of $63.08 by NTAP's total outstanding shares of 215,573,357.
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