Netapp Inc (NASDAQ: NTAP) has a higher price-to-earnings ratio of 16.42x compared to its average ratio. NTAP has 36-month beta value of 1.40. Analysts have mixed views on the stock, with 3 analysts rating it as a “buy,” 4 as “overweight,” 14 as “hold,” and 0 as “sell.”
The public float for NTAP is 205.68M, and currently, short sellers hold a 3.74% ratio of that float. The average trading volume of NTAP on April 30, 2025 was 2.34M shares.
NTAP) stock’s latest price update
Netapp Inc (NASDAQ: NTAP) has experienced a rise in its stock price by 0.96 compared to its previous closing price of 87.86. However, the company has seen a gain of 4.51% in its stock price over the last five trading days. zacks.com reported 2025-04-30 that Zacks.com users have recently been watching NetApp (NTAP) quite a bit. Thus, it is worth knowing the facts that could determine the stock’s prospects.
NTAP’s Market Performance
NTAP’s stock has risen by 4.51% in the past week, with a monthly rise of 0.98% and a quarterly drop of -26.25%. The volatility ratio for the week is 2.63% while the volatility levels for the last 30 days are 4.37% for Netapp Inc The simple moving average for the past 20 days is 6.10% for NTAP’s stock, with a -22.92% simple moving average for the past 200 days.
Analysts’ Opinion of NTAP
TD Cowen, on the other hand, stated in their research note that they expect to see NTAP reach a price target of $130, previously predicting the price at $160. The rating they have provided for NTAP stocks is “Buy” according to the report published on February 28th, 2025.
BofA Securities gave a rating of “Neutral” to NTAP, setting the target price at $128 in the report published on February 19th of the current year.
NTAP Trading at -4.88% from the 50-Day Moving Average
After a stumble in the market that brought NTAP to its low price for the period of the last 52 weeks, the company was unable to rebound, for now settling with -34.51% of loss for the given period.
Volatility was left at 4.37%, however, over the last 30 days, the volatility rate increased by 2.63%, as shares sank -1.55% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading -26.90% lower at present.
During the last 5 trading sessions, NTAP rose by +3.79%, which changed the moving average for the period of 200-days by -32.32% in comparison to the 20-day moving average, which settled at $83.57. In addition, Netapp Inc saw -23.58% in overturn over a single year, with a tendency to cut further losses.
Insider Trading
Reports are indicating that there were more than several insider trading activities at NTAP starting from Kurian George, who sale 8,500 shares at the price of $81.83 back on Apr 21 ’25. After this action, Kurian George now owns 249,765 shares of Netapp Inc, valued at $695,555 using the latest closing price.
GEORGE KURIAN, the Officer of Netapp Inc, proposed sale 8,500 shares at $81.83 during a trade that took place back on Apr 21 ’25, which means that GEORGE KURIAN is holding shares at $695,593 based on the most recent closing price.
Stock Fundamentals for NTAP
Current profitability levels for the company are sitting at:
- 0.21 for the present operating margin
- 0.71 for the gross margin
The net margin for Netapp Inc stands at 0.17. The total capital return value is set at 0.28. Equity return is now at value 114.33, with 12.39 for asset returns.
Based on Netapp Inc (NTAP), the company’s capital structure generated 0.67 points at debt to capital in total, while cash flow to debt ratio is standing at 0.72. The debt to equity ratio resting at 2.0. The interest coverage ratio of the stock is 22.97.
Currently, EBITDA for the company is 1.58 billion with net debt to EBITDA at 0.28. When we switch over and look at the enterprise to sales, we see a ratio of 2.88. The receivables turnover for the company is 7.25for trailing twelve months and the total asset turnover is 0.72. The liquidity ratio also appears to be rather interesting for investors as it stands at 0.92.
Conclusion
To put it simply, Netapp Inc (NTAP) has had a mixed performance in recent times. Analysts have a bullish opinion on the stock, with some rating it as a “buy” and others as a “hold”. It’s important to note that the stock is currently trading at a significant distance from its 50-day moving average and its 52-week high.
