NETGEAR (NASDAQ:NTGR – Get Rating) is scheduled to release its earnings data after the market closes on Wednesday, February 1st. Analysts expect NETGEAR to post earnings of ($0.08) per share for the quarter. Parties interested in registering for the company's conference call can do so using this link.

NETGEAR (NASDAQ:NTGR – Get Rating) last posted its earnings results on Wednesday, October 26th. The communications equipment provider reported $0.10 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of ($0.08) by $0.18. The firm had revenue of $249.59 million during the quarter, compared to analysts' expectations of $242.79 million. NETGEAR had a negative return on equity of 9.94% and a negative net margin of 6.84%. On average, analysts expect NETGEAR to post $-2 EPS for the current fiscal year and $0 EPS for the next fiscal year.

NETGEAR Price Performance

NTGR stock opened at $19.94 on Wednesday. The stock has a market capitalization of $576.25 million, a P/E ratio of -9.15 and a beta of 0.93. The business has a 50-day moving average of $19.39 and a 200-day moving average of $20.97. NETGEAR has a fifty-two week low of $17.40 and a fifty-two week high of $29.24.

Insider Activity at NETGEAR

Institutional Inflows and Outflows

Several large investors have recently bought and sold shares of NTGR. Tower Research Capital LLC TRC increased its position in NETGEAR by 54.6% in the 3rd quarter. Tower Research Capital LLC TRC now owns 2,371 shares of the communications equipment provider's stock valued at $48,000 after buying an additional 837 shares in the last quarter. Lazard Asset Management LLC acquired a new position in NETGEAR during the 1st quarter valued at about $66,000. Captrust Financial Advisors boosted its stake in NETGEAR by 20.1% during the 1st quarter. Captrust Financial Advisors now owns 3,082 shares of the communications equipment provider's stock valued at $76,000 after purchasing an additional 515 shares during the last quarter. Quantbot Technologies LP acquired a new position in NETGEAR during the 2nd quarter valued at about $113,000. Finally, UBS Group AG boosted its stake in NETGEAR by 269.9% during the 3rd quarter. UBS Group AG now owns 6,551 shares of the communications equipment provider's stock valued at $132,000 after purchasing an additional 4,780 shares during the last quarter. 85.22% of the stock is owned by institutional investors.

Analyst Ratings Changes

Several brokerages recently commented on NTGR. StockNews.com began coverage on NETGEAR in a research report on Wednesday, October 12th. They set a "hold" rating for the company. Raymond James lowered their target price on NETGEAR from $25.00 to $23.00 and set an "outperform" rating on the stock in a research note on Thursday, October 27th.

NETGEAR Company Profile

(Get Rating)

NETGEAR, Inc designs, develops, and markets networking and Internet connected products for consumers, businesses, and service providers. The company operates in two segments, Connected Home, and Small and Medium Business. It offers smart home/connected home/broadband access products, such as Wi-Fi routers and home Wi-Fi systems, broadband modems, Wi-Fi gateways, Wi-Fi hotspots, Wi-Fi range extenders, Powerline adapters and bridges, Wi-Fi network adapters, and digital canvasses; and value-added service offerings, including technical support, parental controls, and cybersecurity protection.

Featured Articles

• Get a free copy of the StockNews.com research report on NETGEAR (NTGR)
• High-Yield, Deep-Value Verizon Puts In A Bottom
• Can Coty Stock Emerge in 2023 With Upside
• Should You Bet Against The Nasdaq 100 With This Inverse ETF?
• Insiders Buy Archer Aviation, Is This Stock About To Take Off?
• Intuit Is About To Make a Move, But Which Way?

Receive News & Ratings for NETGEAR Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for NETGEAR and related companies with MarketBeat.com's FREE daily email newsletter.