EPS for NetGear, Inc. (NTGR) Expected At $0.44

July 18, 2017 - By Marry Poplack

 EPS for NetGear, Inc. (NTGR) Expected At $0.44
Investors sentiment decreased to 0.95 in 2016 Q4. Its down 0.50, from 1.45 in 2016Q3. It is negative, as 21 investors sold NetGear, Inc. shares while 80 reduced holdings. 34 funds opened positions while 62 raised stakes. 31.20 million shares or 1.10% less from 31.55 million shares in 2016Q3 were reported.
Natl Bank Of Montreal Can has invested 0% in NetGear, Inc. (NASDAQ:NTGR). First Quadrant Lp Ca holds 35,500 shares. Teachers Retirement Sys Of The State Of Kentucky holds 0.01% or 11,300 shares in its portfolio. Metropolitan Life Insurance New York stated it has 0.01% of its portfolio in NetGear, Inc. (NASDAQ:NTGR). 3.08 million are held by Vanguard Grp. Fmr Llc owns 2.28 million shares. Riverhead Cap Management Lc has invested 0% in NetGear, Inc. (NASDAQ:NTGR). The New York-based Jane Street Gp Ltd Llc has invested 0% in NetGear, Inc. (NASDAQ:NTGR). 12,790 are owned by Pacific Ridge Cap Prtn Ltd Liability Company. Lsv Asset Mgmt holds 0.11% of its portfolio in NetGear, Inc. (NASDAQ:NTGR) for 1.07 million shares. Us State Bank De holds 0% or 2,971 shares. Jacobs Levy Equity has 0.02% invested in NetGear, Inc. (NASDAQ:NTGR) for 19,758 shares. Moreover, State Of Alaska Department Of Revenue has 0.02% invested in NetGear, Inc. (NASDAQ:NTGR). Blackrock Advisors Ltd Limited Liability Company holds 0% in NetGear, Inc. (NASDAQ:NTGR) or 77,554 shares. New York-based Tower Cap Ltd Llc (Trc) has invested 0% in NetGear, Inc. (NASDAQ:NTGR).

Since January 18, 2017, it had 0 insider purchases, and 40 sales for $5.06 million activity. The insider LO PATRICK CS sold $544,738. Shares for $257,750 were sold by Collins Patrick J III on Friday, March 24. Shares for $16,154 were sold by Gorjanc Christine Marie on Wednesday, February 22. Another trade for 3,824 shares valued at $213,762 was sold by WERDANN MICHAEL A. Shares for $47,906 were sold by FALCON MICHAEL F. MERRILL MARK G had sold 3,000 shares worth $163,200. Shares for $67,350 were sold by Rogers Tamesa.

Wall Street await NetGear, Inc. (NASDAQ:NTGR) to release earnings on July, 26. Analysts forecast EPS of $0.44, down exactly $0.17 or 27.87 % from 2014’s $0.61 EPS. The expected NTGR’s profit could reach $14.18 million giving the stock 24.86 P/E in the case that $0.44 earnings per share is reported. After posting $0.55 EPS for the previous quarter, NetGear, Inc.’s analysts now forecast -20.00 % negative EPS growth. It closed at $43.75 lastly. It is down 2.67% since July 18, 2016 and is uptrending. It has underperformed by 14.03% the S&P500.

NetGear, Inc. (NASDAQ:NTGR) Ratings Coverage

Among 7 analysts covering Netgear (NASDAQ:NTGR), 3 have Buy rating, 0 Sell and 4 Hold. Therefore 43% are positive. Netgear had 10 analyst reports since October 23, 2015 according to SRatingsIntel. Rosenblatt upgraded the shares of NTGR in report on Tuesday, October 27 to “Buy” rating. The stock of NetGear, Inc. (NASDAQ:NTGR) earned “Buy” rating by Guggenheim on Wednesday, January 4. The company was downgraded on Monday, October 3 by BWS Financial. The company was initiated on Tuesday, April 5 by Sterne Agee CRT. Rosenblatt maintained the shares of NTGR in report on Tuesday, February 9 with “Buy” rating. The rating was downgraded by Raymond James on Wednesday, February 8 to “Mkt Perform”. The rating was maintained by Wunderlich with “Buy” on Thursday, September 8. As per Friday, October 23, the company rating was upgraded by Raymond James. The stock of NetGear, Inc. (NASDAQ:NTGR) earned “Sector Perform” rating by RBC Capital Markets on Tuesday, November 17. The stock of NetGear, Inc. (NASDAQ:NTGR) has “Buy” rating given on Wednesday, June 8 by Wunderlich.

NETGEAR, Inc. designs, develops and markets networking solutions and smart connected products for consumers, businesses and service providers. The company has market cap of $1.41 billion. The Company’s product line consists of devices, such as network attached storage, Internet protocol security cameras, and home automation devices and services. It has a 19.7 P/E ratio. The Company’s divisions include retail, commercial and service provider.

More important recent NetGear, Inc. (NASDAQ:NTGR) news were published by: Bloomberg.com which released: “Netgear Open to Mergers, Targeting Europe and Lifestyle Areas” on July 05, 2017, also Seekingalpha.com published article titled: “Netgear’s Post-Earnings Sell-Off Has Gone Way Too Far”, Nasdaq.com published: “NETGEAR Introduces the World’s First Retail DOCSIS 3.1 Cable Modem Router” on July 11, 2017. More interesting news about NetGear, Inc. (NASDAQ:NTGR) was released by: Globenewswire.com and their article: “Advance Your WiFi With New NETGEAR Nighthawk X6S Tri-Band Gigabit Router With …” with publication date: June 21, 2017.

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