Why Is NetApp Stock Shooting Higher Today?
Why Is NetApp Stock Shooting Higher Today?
$NetApp (NTAP.US)$ shares are trading higher after the company reported third quarter FY24 results and issued FY24 adjusted EPS guidance above estimates.
$美國網存 (NTAP.US)$ 在該公司公佈了24財年第三季度業績併發布了高於預期的24財年調整後每股收益指引後，股價走高。
Net revenue rose 5% Y/Y to $1.61 billion, beating the consensus of $1.59 billion. Billings rose 7% Y/Y to $1.69 billion in the quarter.
淨收入同比增長5％，至16.1億美元，超過了市場預期的15.9億美元。本季度賬單同比增長7％，至16.9億美元。
NetApp Public Cloud annualized revenue run rate (ARR) rose slightly to $608 million from $605 million a year ago. All-flash array ARR increased 21% Y/Y to $3.4 billion.
NetApp 公有云年化收入運行率（ARR）從去年同期的6.05億美元小幅上升至6.08億美元。全閃存陣列的年化收益率同比增長21％，達到34億美元。
Adjusted EPS of $1.94, beating the consensus of $1.69.
調整後的每股收益爲1.94美元，高於市場普遍的1.69美元。
As of third quarter FY24, cash, cash equivalents and investments stood at $2.92 billion.
截至24財年第三季度，現金、現金等價物和投資爲29.2億美元。
The company returned $203 million to stockholders through share repurchases and cash dividends.
該公司通過股票回購和現金分紅向股東返還了2.03億美元。
Dividend: The company declared a dividend of $0.50 per share, payable on April 24, 2024, to stockholders of record as of April 5, 2024.
股息：該公司宣佈向截至2024年4月5日的登記股東派發每股0.50美元的股息，將於2024年4月24日支付。
Outlook: For the fourth quarter, the company anticipates revenue of $1.585 billion-$1.735 billion (vs. consensus of $1.65 billion) and adjusted EPS of $1.73-$1.83 (vs. street view of $1.73).
展望：該公司預計第四季度收入爲15.85億美元至17.35億美元（市場預期爲16.5億美元），調整後的每股收益爲17.3美元至1.83美元（街景爲1.73美元）。
For FY24, NetApp currently sees adjusted EPS of $6.40-$6.50 vs. consensus of $6.15 (prior outlook $6.05-$6.25) and revenues of $6.185 billion-$6.335 billion vs. $6.23 billion estimate.
對於24財年，NetApp目前預計調整後的每股收益爲6.40美元至6.50美元，而市場普遍預期爲6.15美元（先前展望爲6.05-6.25美元），收入爲61.85億美元至63.35億美元，而預期爲62.3億美元。
Several analysts updated their coverage on NetApp following the earnings report:
業績發佈後，幾位分析師更新了對NetApp的報道：
Stifel maintained a Buy rating and raised the price target from $105 to $120.
Wedbush maintained a Neutral rating and increased the price target from $85 to $100.
TD Cowen reiterated the Outperform rating and boosted the price target from $100 to $120.
Evercore ISI Group kept In-Line rating and raised the price target.
Barclays maintained an Equal-Weight and raised the price target from $80 to $100.
JP Morgan analyst maintained NetApp with an Underweight and raised the price target from $87 to $95.
UBS analyst maintained NetApp with a Neutral and raised the price target from $93 to $96.
Stifel維持買入評級，並將目標股價從105美元上調至120美元。
Wedbush維持中性評級，並將目標股價從85美元上調至100美元。
道明考恩重申了跑贏大盤的評級，並將目標股價從100美元上調至120美元。
Evercore ISI集團維持在線評級，並提高了目標股價。
巴克萊維持同等權重，並將目標股價從80美元上調至100美元。
摩根大通分析師維持NetApp的減持，並將目標股價從87美元上調至95美元。
瑞銀分析師維持NetApp的中性走勢，並將目標股價從93美元上調至96美元。
Price Action: NTAP shares are up 23.11% at $109.72 on the last check Friday.
價格走勢：在週五的最後一次支票中，NTAP股價上漲23.11％，至109.72美元。