NetScout Systems (NASDAQ:NTCT) Releases FY 2025 Earnings Guidance

NetScout Systems (NASDAQ:NTCTGet Free Report) updated its FY 2025 earnings guidance on Thursday. The company provided EPS guidance of 2.100-2.300 for the period, compared to the consensus EPS estimate of 2.170. The company issued revenue guidance of $800.0 million-$830.0 million. NetScout Systems also updated its FY25 guidance to $2.10-2.30 EPS.

Analyst Ratings Changes

Several equities analysts recently commented on NTCT shares. Royal Bank of Canada reissued a “sector perform” rating and issued a $22.00 price objective on shares of NetScout Systems in a research note on Friday, July 26th. StockNews.com cut NetScout Systems from a “strong-buy” rating to a “buy” rating in a research note on Wednesday, July 24th.

Read Our Latest Research Report on NTCT

NetScout Systems Trading Down 2.1 %

Shares of NASDAQ:NTCT traded down $0.44 during midday trading on Thursday, hitting $20.46. 601,499 shares of the stock were exchanged, compared to its average volume of 653,585. The business’s 50-day moving average price is $20.75 and its 200 day moving average price is $19.85. NetScout Systems has a 12 month low of $17.10 and a 12 month high of $24.42. The company has a debt-to-equity ratio of 0.05, a quick ratio of 1.50 and a current ratio of 1.54. The stock has a market capitalization of $1.46 billion, a price-to-earnings ratio of -9.95 and a beta of 0.58.

NetScout Systems (NASDAQ:NTCTGet Free Report) last posted its earnings results on Thursday, July 25th. The technology company reported $0.28 earnings per share for the quarter, topping analysts’ consensus estimates of $0.12 by $0.16. The firm had revenue of $174.60 million for the quarter, compared to analyst estimates of $168.47 million. NetScout Systems had a negative net margin of 74.02% and a positive return on equity of 5.35%. The company’s revenue for the quarter was down 17.3% compared to the same quarter last year. During the same period in the previous year, the firm posted $0.10 EPS. Analysts predict that NetScout Systems will post 1.39 earnings per share for the current year.

Insider Buying and Selling

In related news, EVP John Downing sold 4,247 shares of the firm’s stock in a transaction on Thursday, August 15th. The stock was sold at an average price of $20.00, for a total transaction of $84,940.00. Following the completion of the transaction, the executive vice president now directly owns 131,590 shares of the company’s stock, valued at $2,631,800. This trade represents a 0.00 % decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at this hyperlink. In other NetScout Systems news, COO Michael Szabados sold 6,500 shares of the company’s stock in a transaction on Wednesday, September 11th. The shares were sold at an average price of $18.81, for a total transaction of $122,265.00. Following the sale, the chief operating officer now owns 43,434 shares of the company’s stock, valued at approximately $816,993.54. This represents a 0.00 % decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which can be accessed through this hyperlink. Also, EVP John Downing sold 4,247 shares of the stock in a transaction dated Thursday, August 15th. The stock was sold at an average price of $20.00, for a total value of $84,940.00. Following the sale, the executive vice president now owns 131,590 shares of the company’s stock, valued at approximately $2,631,800. The trade was a 0.00 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders have sold a total of 29,952 shares of company stock valued at $598,411 over the last 90 days. 3.59% of the stock is owned by insiders.

NetScout Systems Company Profile

(Get Free Report)

NetScout Systems, Inc provides service assurance and cybersecurity solutions for protect digital business services against disruptions in the United States, Europe, Asia, and internationally. The company offers nGeniusONE management software that enables customers to predict, preempt, and resolve network and service delivery problems, as well as facilitate the optimization and capacity planning of their network infrastructures; and specialized platforms and analytic modules that enable its customers to analyze and troubleshoot traffic in radio access and Wi-Fi networks.

Featured Stories

Earnings History and Estimates for NetScout Systems (NASDAQ:NTCT)

Receive News & Ratings for NetScout Systems Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for NetScout Systems and related companies with MarketBeat.com's FREE daily email newsletter.