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NetApp Inc

NTAP | US

101.11

USD

-1.98

-1.92%

NTAP | US

About NetApp Inc

Sector

Technology

Industry

Data Storage

Earnings date

31/07/2024

As of date

20/03/2026

Close

101.11

Open

102.75

High

103.16

Low

100.15

NetApp Inc. provides cloud-led and data-centric services to manage and share data on-premises and private and public clouds worldwide. It operates in two segments Hybrid Cloud and Public Could. The company offers intelligent data management software such as NetApp ONTAP NetApp Snapshot NetApp SnapCenter Backup Management NetApp SnapMirror Data Replication NetApp SnapLock Data Compliance and storage infrastructure solutions including NetApp All-Flash FAS series NetApp Fabric Attached Storage NetApp E/EF series and NetApp StorageGRID. In addition it provides cloud storage and data services comprising NetApp Cloud Volumes ONTAP Azure NetApp Files Amazon FSx for NetApp ONTAP NetApp Cloud Volumes Service for Google Cloud and cloud operations services such as NetApp Cloud Insights Spot by NetApp and Instaclustr. Further the company offers application-aware data management service under the NetApp Astra name; and professional and support services such as strategic consulting professional managed and support services. Additionally it provides assessment design implementation and migration services. The company serves the energy financial service government technology internet life science healthcare service manufacturing media entertainment animation video postproduction and markets through a direct sales force and an ecosystem of partners. NetApp Inc. was incorporated in 1992 and is headquartered in San Jose California.

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NTAP | US

Risk
28.1
Sharpe
0.15
Luna's Score
39/100
Recommendation
Sell

Luna says (NTAP | US)

What's Working

Largecap (10B - 200B USD)

What's not Working

Weakness based on declining price with high volume

High Current Volume and Negative 1-Day Return

High Market Beta (> 0.8)

High Debt to Equity (> 0.75)

Rich in Valuation (Price to Book > 8)

Weak Sharpe Ratio (< 0.3)

Volatility Signals

Bearish: Increased Volatility (6-month > 1-month volatility)

Risk Meter

10 days

32.7%

1 month

28.1%

3 months

37.8%

6 months

33.2%

Returns

Fundamental Ratios

PE

24.76

Fwd. PE

17.92

Price to book

27.89

Debt to equity

2.85

Debt to assets

0.28

Ent. to EBITDA

15.08

Ent. to rev.

4.01

PEG

1.06

Other Fundamentals

EBITDA

1.58B

MarketCap

20.71B

MarketCap(USD)

20.71B

Div. yield

1.64

Op. margin

19.47

Erngs. growth

69.60

Rev. growth

7.60

Ret. on equity

120.42

Short ratio

3.87

Short perc.

4.38

Market Sentiment (SMA and Price signals)

Short-term: Bearish (SMA10D < SMA1M)

Intermediate-term: Bearish (SMA1M < SMA3M)

Long-term: Bullish (SMA6M > SMA12M)

SMAs: Stock Price Trends

Range10D

8.23

Range1M

9.05

Range3M

19.43

Volumes: Market Activity

Rel. volume

2.15

Price X volume

526.97M

Peers

Name
Ticker
Industry
Close
Marketcap
Day Return
PE Ratio
Debt to Equity
 
 
 
 
 
 
 
 
Pure Storage IncPSTGData Storage62.6320.52B-4.31%132.7219.15%
Tower Semiconductor LtdTSEMSemiconductors163.6319.22B-1.48%9.907.45%
HP IncHPQComputer Systems18.2717.74B-1.14%13.19-691.45%
Entegris IncENTGSemiconductor Equipment & Materials114.6617.31B-1.04%85.31119.75%
MACOM Technology Solutions Holdings IncMTSISemiconductors218.9615.81B-2.49%114.9545.25%
Nova Measuring Instruments LtdNVMISemiconductor Equipment & Materials465.313.52B-1.44%38.3028.63%
Logitech International S.ALOGIComputer Systems87.9213.44B-4.14%20.143.46%
Lattice Semiconductor CorporationLSCCSemiconductors88.6212.21B-6.64%39.202.75%
Amkor Technology IncAMKRSemiconductors45.8111.29B-4.82%20.0930.60%
Astera Labs Inc. Common StockALABSemiconductors116.0411.04B-8.02%n/a0.25%
  • 1

Diversifiers

Name
Ticker
Industry
Close
Marketcap
Day Return
PE Ratio
Debt to Equity
 
 
 
 
 
 
 
 
Tyson Foods IncTSNFarm Products58.1820.70B-1.59%n/a60.97%
Humana IncHUMHealthcare Plans169.920.46B2.07%18.8077.35%
Centene CorporationCNCHealthcare Plans34.418.10B-3.29%11.6864.45%
Bunge LimitedBGFarm Products118.1516.74B-3.19%10.1859.16%
Molina Healthcare IncMOHHealthcare Plans139.418.17B-1.97%15.9049.23%
Dolby Laboratories IncDLBMedia - Diversified60.335.75B-1.92%34.320.00%
Alignment Healthcare Inc. Common StockALHCHealthcare Plans17.343.32B-4.52%n/a177.78%
Cinemark Holdings IncCNKMedia - Diversified26.433.23B0.23%27.93934.91%
Oscar Health Inc.OSCRHealthcare Plans12.633.06B-5.04%n/a26.28%
IMAX CorporationIMAXMedia - Diversified36.691.93B0.19%54.26110.44%
  • 1

Industry Comparison

ParameterCompanyIndustryIndicator
Enterprise to EBITDA15.08-Cheaper
Ent. to Revenue4.01-Par
PE Ratio24.7666.80Cheaper
Price to Book27.8936.56Cheaper
Dividend Yield1.64-Poor
Std. Deviation (3M)37.77-Par
Debt to Equity2.851.26Expensive
Debt to Assets0.280.44Cheaper
Market Cap20.71B-Market Leader
  • 1

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