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NetApp, Inc is currently in a long term uptrend where the price is trading 22.8% above its 200 day moving average.
From a valuation standpoint, the stock is 78.8% cheaper than other stocks from the Technology sector with a price to sales ratio of 2.9.
NetApp, Inc's total revenue rose by 4.7% to $1B since the same quarter in the previous year.
Its net income has dropped by 34.3% to $182M since the same quarter in the previous year.
Finally, its free cash flow fell by 12.1% to $341M since the same quarter in the previous year.
Based on the above factors, NetApp, Inc gets an overall score of 3/5.
Sector | Technology |
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Industry | Computer Hardware |
Exchange | F |
CurrencyCode | EUR |
ISIN | US64110D1046 |
Market Cap | 15B |
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PE Ratio | 14.98 |
Target Price | 92.14 |
Dividend Yield | 2.7% |
Beta | 1.3 |
NetApp, Inc. provides a range of enterprise software, systems, and services that customers use to transform their data infrastructures in the United States, Canada, Latin America, Europe, the Middle East, Africa, and the Asia Pacific. It operates in two segments, Hybrid Cloud and Public Could. The company offers data management software, such as NetApp ONTAP, NetApp Snapshot, NetApp SnapCenter Backup Management, NetApp SnapMirror Data Replication, NetApp SnapLock Data Compliance, and NetApp Astra; and storage infrastructure solutions, including NetApp All-Flash FAS, NetApp All-Flash FAS with capacity flash, NetApp All-Flash SAN Array, NetApp Fabric Attached Storage, NetApp E/EF series, and NetApp StorageGRID. It also provides cloud storage and data services comprising NetApp Cloud Volumes ONTAP, Azure NetApp Files, Amazon FSx for NetApp ONTAP, and Google Cloud NetApp Volumes, as well as NetApp BlueXP, BlueXP Sync, BlueXP Tiering, NetApp Backup, BlueXP Compliance, and BlueXP Cache; and cloud operations services consist of NetApp Cloud Insights, Spot by NetApp, and Instaclustr. In addition, the company offers professional and support services, such as storage-as-a-service (STaaS), strategic consulting, professional, managed, and support services, as well as assessment, design, implementation, and migration services. It serves various industries comprising energy, financial services, government, technology, internet, life sciences, healthcare services, manufacturing, media, entertainment, animation, video postproduction, and telecommunications through a direct sales force and an ecosystem of partners. NetApp, Inc. was incorporated in 1992 and is headquartered in San Jose, California.
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