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EPS for NetApp, Inc. (NTAP) Expected At $0.87

NetApp, Inc. (NASDAQ:NTAP) LogoInvestors sentiment increased to 1.12 in 2018 Q2. Its up 0.26, from 0.86 in 2018Q1. It increased, as 37 investors sold NetApp, Inc. shares while 168 reduced holdings. 73 funds opened positions while 157 raised stakes. 235.68 million shares or 0.00% more from 235.67 million shares in 2018Q1 were reported.
Eqis Capital Mgmt invested in 0.07% or 15,055 shares. Alliancebernstein Limited Partnership, a New York-based fund reported 504,170 shares. Exane Derivatives holds 0% or 12 shares in its portfolio. Dorsey Wright And Assoc accumulated 35,135 shares. The United Kingdom-based Lombard Odier Asset (Europe) has invested 0.02% in NetApp, Inc. (NASDAQ:NTAP). Boston Advsr Ltd Limited Liability Company invested in 0.81% or 410,430 shares. Gam Ag has 14,882 shares. California-based Tarbox Family Office has invested 0.01% in NetApp, Inc. (NASDAQ:NTAP). Gemmer Asset Limited Company has invested 0.01% in NetApp, Inc. (NASDAQ:NTAP). Cambridge Investment Research Incorporated has 6,940 shares for 0.01% of their portfolio. Ftb Advsrs owns 1,434 shares or 0.01% of their US portfolio. Pnc Fincl Serv Group, Pennsylvania-based fund reported 33,377 shares. Lsv Asset Mgmt stated it has 468,200 shares. Thrivent Fincl For Lutherans holds 0% in NetApp, Inc. (NASDAQ:NTAP) or 11,250 shares. Hillsdale Investment Management reported 7,600 shares.

Since May 16, 2018, it had 0 buys, and 21 selling transactions for $26.23 million activity. RICHARD HENRI P sold $200,997 worth of NetApp, Inc. (NASDAQ:NTAP) on Thursday, August 16. On Wednesday, June 20 the insider Kurian George sold $2.99M. FAWCETT MATTHEW K had sold 16,188 shares worth $1.14 million. $877,613 worth of stock was sold by REICH JOEL D on Wednesday, June 6. Shares for $2.05 million were sold by Hill Kathryn.

Analysts expect NetApp, Inc. (NASDAQ:NTAP) to report $0.87 EPS on November, 21.They anticipate $0.17 EPS change or 24.29 % from last quarter’s $0.7 EPS. NTAP’s profit would be $225.57M giving it 23.47 P/E if the $0.87 EPS is correct. After having $0.92 EPS previously, NetApp, Inc.’s analysts see -5.43 % EPS growth. The stock decreased 1.42% or $1.18 during the last trading session, reaching $81.66. About 2.96 million shares traded or 14.45% up from the average. NetApp, Inc. (NASDAQ:NTAP) has risen 113.35% since November 11, 2017 and is uptrending. It has outperformed by 97.73% the S&P500.

NetApp, Inc. (NASDAQ:NTAP) Ratings Coverage

Among 17 analysts covering NetApp (NASDAQ:NTAP), 10 have Buy rating, 1 Sell and 6 Hold. Therefore 59% are positive. NetApp had 22 analyst reports since May 24, 2018 according to SRatingsIntel. The stock has “Neutral” rating by Citigroup on Monday, August 13. Maxim Group maintained NetApp, Inc. (NASDAQ:NTAP) rating on Thursday, May 24. Maxim Group has “Buy” rating and $8100 target. The stock of NetApp, Inc. (NASDAQ:NTAP) has “Buy” rating given on Thursday, May 24 by Piper Jaffray. The firm has “Overweight” rating by PiperJaffray given on Thursday, May 24. The firm has “Outperform” rating given on Thursday, May 24 by BMO Capital Markets. The rating was maintained by Robert W. Baird on Thursday, May 24 with “Hold”. Goldman Sachs upgraded NetApp, Inc. (NASDAQ:NTAP) on Wednesday, October 17 to “Buy” rating. UBS maintained NetApp, Inc. (NASDAQ:NTAP) rating on Monday, June 25. UBS has “Buy” rating and $8000 target. The stock of NetApp, Inc. (NASDAQ:NTAP) has “Sell” rating given on Thursday, August 16 by Deutsche Bank. Morgan Stanley maintained the shares of NTAP in report on Thursday, August 16 with “Equal-Weight” rating.

NetApp, Inc. provides software, systems, and services to manage and store computer data worldwide. The company has market cap of $21.17 billion. It offers flash; flash arrays that support data management; hybrid arrays to deploy the speed of flash storage; hybrid cloud; ONTAP cloud storage data management service; NetApp cloud sync hybrid data management Software as a Service; NetApp private storage for cloud; and AltaVault cloud-integrated solutions. It has a 97.56 P/E ratio. The firm also provides ONTAP storage operating system for data protection and security; SANtricity storage operating system, which provides performance, reliability, and data protection for application-driven workloads; SolidFire element operating system; NetApp StorageGRID Webscale software that allows clients to store and manage massive amounts of data on premises and in the cloud; NetApp integrated data protection solutions; OnCommand management software and management integration tools; and FlexArray storage virtualization software.

Another recent and important NetApp, Inc. (NASDAQ:NTAP) news was published by which published an article titled: “Goldman Sachs Turns Bullish On NetApp, Upgrades Pure Storage To Neutral” on October 17, 2018.

NetApp, Inc. (NASDAQ:NTAP) Institutional Positions Chart

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