NetApp, Inc.[NTAP] stock saw a move by -0.32% on Thursday, touching 1.05 million. Based on the recent volume, NetApp, Inc. stock traders appear to be active. The most recent trading volume of NTAP shares recorded 239.00M shares, which represents the daily volume of traded shares. Analysts estimates state that NetApp, Inc. [NTAP] stock could reach median target price of $50.50.

NetApp, Inc. [NTAP] stock additionally went up by +3.89% in the period of the 7 days, recording a gain in performance by 26.53% in the last 30 days. The yearly more of NTAP stock is set at -33.60% by far, with shares price recording returns by -7.23% in the latest quarter. Over the past six months, NTAP shares showcased -16.88% decrease. NTAP saw -35.66% change opposing the low price in the last 12 months, also recording 26.58% compared to high within the same period of time.

NetApp, Inc. [NASDAQ:NTAP]: Analyst Rating and Earnings

Its stock price has been found in the range of 44.55 to 87.65. This is compared to its latest closing price of $56.57.

Pay attention for this company’s financial results, of which the next release is scheduled to happen on Wed 13 Nov (In 58 Days).

Fundamental Analysis of NetApp, Inc. [NTAP]

Now let’s turn to look at profitability: with a current Operating Margin for NetApp, Inc. [NTAP] sitting at +19.26 and its Gross Margin at +64.03, this company’s Net Margin is now 16.70%. These measurements indicate that NetApp, Inc. [NTAP] is generating considerably more profit, after expenses are accounted for, compared to its market peers.

This company’s Return on Total Capital is 34.44, and its Return on Invested Capital has reached 38.90%. Its Return on Equity is 74.06, and its Return on Assets is 12.57. These metrics all suggest that NetApp, Inc. is doing well at using the money it earns to generate returns.

Turning to investigate this organization’s capital structure, NetApp, Inc. [NTAP] has generated a Total Debt to Total Equity ratio of

164.50. Similarly, its Total Debt to Total Capital is 62.19, while its Total Debt to Total Assets stands at 20.51. Looking toward the future, this publicly-traded company’s Long-Term Debt to Equity is 20.41, and its Long-Term Debt to Total Capital is 104.95.

What about valuation? This company’s Enterprise Value to EBITDA is 8.22 and its Total Debt to EBITDA Value is 1.30. The Enterprise Value to Sales for this firm is now 1.92, and its Total Debt to Enterprise Value stands at 0.11. NetApp, Inc. [NTAP] has a Price to Book Ratio of 15.83, a Price to Cash Flow Ratio of 13.89 and P/E Ratio of 14.41. These metrics all suggest that NetApp, Inc. is more likely to generate a positive ROI.

Shifting the focus to workforce efficiency, NetApp, Inc. [NTAP] earns $585,429 for each employee under its payroll. Similarly, this company’s Receivables Turnover is 5.53 and its Total Asset Turnover is 0.66. This publicly-traded organization’s liquidity data is also interesting: its Quick Ratio is 1.40 and its Current Ratio is 1.43. This company, considering these metrics, has a healthy ratio between its short-term liquid assets and its short-term liabilities, making it a less risky investment.

NetApp, Inc. [NTAP] has 239.00M shares outstanding, amounting to a total market cap of $13.52B. Its stock price has been found in the range of 44.55 to 87.65. At its current price, it has moved down by -35.66% from its 52-week high, and it has moved up 26.58% from its 52-week low.

This stock’s Beta value is currently 1.56, which indicates that it is 2.95% more volatile that the wider market. This stock’s Relative Strength Index (RSI) is at 67.56. This RSI score is good, suggesting this stock is neither overbought or oversold.

Conclusion: Is NetApp, Inc. [NTAP] a Reliable Buy?

Shares of NetApp, Inc. [NTAP], overall, appear to be a solid investment option, with Wall Street analysts expecting its price to rise considerably in the next 12 months. This company generates high value from the labor resources and other capital it has available, and while it has heavy Long-Term Debt to Equity, the majority of the metrics point to this investment being highly attractive.