NetApp, Inc. (NTAP)
NASDAQ: NTAP · IEX Real-Time Price · USD
110.47
+0.72 (0.66%)
At close: May 17, 2024, 4:00 PM
110.45
-0.02 (-0.02%)
After-hours: May 17, 2024, 7:58 PM EDT

NetApp Statistics

Total Valuation

NetApp has a market cap or net worth of $22.81 billion. The enterprise value is $22.28 billion.

Market Cap 22.81B
Enterprise Value 22.28B

Important Dates

The next confirmed earnings date is Thursday, May 30, 2024, after market close.

Earnings Date May 30, 2024
Ex-Dividend Date Apr 4, 2024

Share Statistics

NetApp has 206.38 million shares outstanding. The number of shares has decreased by -3.65% in one year.

Shares Outstanding 206.38M
Shares Change (YoY) -3.65%
Shares Change (QoQ) n/a
Owned by Insiders (%) 0.32%
Owned by Institutions (%) 93.94%
Float 205.47M

Valuation Ratios

The trailing PE ratio is 25.11 and the forward PE ratio is 16.55. NetApp's PEG ratio is 1.06.

PE Ratio 25.11
Forward PE 16.55
PS Ratio 3.69
Forward PS 3.50
PB Ratio 22.95
P/FCF Ratio 19.68
PEG Ratio 1.06
Financial Ratio History

Enterprise Valuation

The stock's EV/EBITDA ratio is 14.85, with an EV/FCF ratio of 19.22.

EV / Earnings 23.70
EV / Sales 3.60
EV / EBITDA 14.85
EV / EBIT 18.61
EV / FCF 19.22

Financial Position

The company has a current ratio of 1.15, with a Debt / Equity ratio of 2.41.

Current Ratio 1.15
Quick Ratio 0.98
Debt / Equity 2.41
Debt / EBITDA 1.59
Debt / FCF 2.06
Interest Coverage n/a

Financial Efficiency

Return on equity (ROE) is 99.10% and return on invested capital (ROIC) is 26.84%.

Return on Equity (ROE) 99.10%
Return on Assets (ROA) 10.00%
Return on Capital (ROIC) 26.84%
Revenue Per Employee $515,083
Profits Per Employee $78,333
Employee Count 12,000
Asset Turnover 0.66
Inventory Turnover 12.08

Taxes

In the past 12 months, NetApp has paid $257.00 million in taxes.

Income Tax 257.00M
Effective Tax Rate 21.47%

Stock Price Statistics

The stock price has increased by +68.89% in the last 52 weeks. The beta is 1.26, so NetApp's price volatility has been higher than the market average.

Beta (1Y) 1.26
52-Week Price Change +68.89%
50-Day Moving Average 104.13
200-Day Moving Average 87.64
Relative Strength Index (RSI) 66.76
Average Volume (30 Days) 2,028,053

Short Selling Information

The latest short interest is 5.05 million, so 2.45% of the outstanding shares have been sold short.

Short Interest 5.05M
Short Previous Month 4.92M
Short % of Shares Out 2.45%
Short % of Float 2.46%
Short Ratio (days to cover) 3.39

Income Statement

In the last 12 months, NetApp had revenue of $6.18 billion and earned $940.00 million in profits. Earnings per share was $4.40.

Revenue 6.18B
Gross Profit 4.33B
Operating Income 1.16B
Pretax Income 1.20B
Net Income 940.00M
EBITDA 1.50B
EBIT 1.20B
Earnings Per Share (EPS) $4.40
Full Income Statement

Balance Sheet

The company has $2.92 billion in cash and $2.39 billion in debt, giving a net cash position of $526.00 million or $2.55 per share.

Cash & Cash Equivalents 2.92B
Total Debt 2.39B
Net Cash 526.00M
Net Cash Per Share $2.55
Equity / Book Value 994.00M
Book Value Per Share 4.82
Working Capital 562.00M
Full Balance Sheet

Cash Flow

In the last 12 months, operating cash flow was $1.31 billion and capital expenditures -$148.00 million, giving a free cash flow of $1.16 billion.

Operating Cash Flow 1.31B
Capital Expenditures -148.00M
Free Cash Flow 1.16B
FCF Per Share $5.63
Full Cash Flow Statement

Margins

Gross margin is 70.09%, with operating and profit margins of 18.72% and 15.21%.

Gross Margin 70.09%
Operating Margin 18.72%
Pretax Margin 19.37%
Profit Margin 15.21%
EBITDA Margin 24.27%
EBIT Margin 19.37%
FCF Margin 18.75%

Dividends & Yields

This stock pays an annual dividend of $2.00, which amounts to a dividend yield of 1.81%.

Dividend Per Share $2.00
Dividend Yield 1.81%
Dividend Growth (YoY) n/a
Years of Dividend Growth n/a
Payout Ratio 45.45%
Buyback Yield 3.65%
Shareholder Yield 5.46%
Earnings Yield 4.12%
FCF Yield 5.08%
Dividend Details

Analyst Forecast

The average price target for NetApp is $97.93, which is -11.35% lower than the current price. The consensus rating is "Buy".

Price Target $97.93
Price Target Difference -11.35%
Analyst Consensus Buy
Analyst Count 17
Revenue Growth Forecast (5Y) n/a
EPS Growth Forecast (5Y) n/a
Stock Forecasts

Stock Splits

The last stock split was on March 23, 2000. It was a forward split with a ratio of 2:1.

Last Split Date Mar 23, 2000
Split Type Forward
Split Ratio 2:1

Scores

NetApp has an Altman Z-Score of 2.8 and a Piotroski F-Score of 7. A Z-score under 3 suggests an increased risk of bankruptcy.

Altman Z-Score 2.8
Piotroski F-Score 7