NetApp Financials

NTA Stock  EUR 110.58  1.72  1.53%   
Financial data analysis helps to check out if markets are presently mispricing NetApp Inc. We were able to interpolate thirty-five available fundamentals for NetApp, which can be compared to its peers in the industry. The stock experiences a somewhat bearish sentiment, but the market may correct it shortly. Check odds of NetApp to be traded at €107.26 in 90 days.
  

NetApp Stock Summary

NetApp competes with H FARM, Playa Hotels, TITAN MACHINERY, INTERCONT HOTELS, and Daito Trust. NetApp, Inc. provides software, systems, and services to manage and share data on-premises, and private and public clouds worldwide. NetApp, Inc. was founded in 1992 and is headquartered in Sunnyvale, California. NETAPP INC operates under Data Storage classification in Germany and is traded on Frankfurt Stock Exchange. It employs 10500 people.
Foreign Associate
  Germany
InstrumentGermany Stock View All
ExchangeFrankfurt Exchange
ISINUS64110D1046
Business Address3060 Olsen Drive,
SectorTechnology
IndustryData Storage
BenchmarkDow Jones Industrial
Websitewww.netapp.com
Phone408 822 6000
CurrencyEUR - Euro
You should never invest in NetApp without having analyzed its financial statements. Do not rely on someone else's analysis or guesses about the future performance of NetApp Stock, because this is throwing your money away. Analyzing the key information contained in NetApp's financial statements can give you an edge over other investors and help to ensure that your investments perform well for you.

NetApp Key Financial Ratios

There are many critical financial ratios that NetApp's investors are exposed to on a daily basis, but they are usually grouped into few meaningful categories from each financial statement that NetApp Inc reports annually and quarterly.

NetApp Financial Ratios Relationships

Comparative valuation techniques use various fundamental indicators to help in determining NetApp's current stock value. Our valuation model uses many indicators to compare NetApp value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across NetApp competition to find correlations between indicators driving NetApp's intrinsic value. More Info.
NetApp Inc is considered to be number one stock in return on equity category among its peers. It also is considered to be number one stock in return on asset category among its peers reporting about  0.06  of Return On Asset per Return On Equity. The ratio of Return On Equity to Return On Asset for NetApp Inc is roughly  17.52 . The reason why the comparable model can be used in almost all circumstances is due to the vast number of multiples that can be utilized, such as the price-to-earnings (P/E), price-to-book (P/B), price-to-sales (P/S), price-to-cash flow (P/CF), and many others. The P/E ratio is the most commonly used of these ratios because it focuses on the NetApp's earnings, one of the primary drivers of an investment's value.

NetApp Inc Systematic Risk

NetApp's systematic risk plays a vital role in portfolio allocation when considering its stock to be added to a well-diversified portfolio. NetApp volatility which cannot be eliminated through diversification, requires returns over the risk-free rate. Over the long run, a well-diversified portfolio provides returns that match its exposure to systematic risk. In this case, investors face a trade-off between expected returns and systematic risk and, therefore, can only reduce a portfolio's exposure to systematic risk by sacrificing expected returns on the portfolio.
Incorrect Input. Please change your parameters or increase the time horizon required for running this function. The output start index for this execution was zero with a total number of output elements of zero. The Beta measures systematic risk based on how returns on NetApp Inc correlated with the market. If Beta is less than 0 NetApp generally moves in the opposite direction as compared to the market. If NetApp Beta is about zero movement of price series is uncorrelated with the movement of the benchmark. if Beta is between zero and one NetApp Inc is generally moves in the same direction as, but less than the movement of the market. For Beta = 1 movement of NetApp is generally in the same direction as the market. If Beta > 1 NetApp moves generally in the same direction as, but more than the movement of the benchmark.

NetApp December 23, 2024 Opportunity Range

Along with financial statement analysis, the daily predictive indicators of NetApp help investors to analyze its daily demand and supply, volume, patterns, and price swings to determine the real value of NetApp Inc. We use our internally-developed statistical techniques to arrive at the intrinsic value of NetApp Inc based on widely used predictive technical indicators. In general, we focus on analyzing NetApp Stock price patterns and their correlations with different microeconomic environment and drivers. We also apply predictive analytics to build NetApp's daily price indicators and compare them against related drivers.

Complementary Tools for NetApp Stock analysis

When running NetApp's price analysis, check to measure NetApp's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy NetApp is operating at the current time. Most of NetApp's value examination focuses on studying past and present price action to predict the probability of NetApp's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move NetApp's price. Additionally, you may evaluate how the addition of NetApp to your portfolios can decrease your overall portfolio volatility.
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