NetApp (Germany) Today

NTA Stock  EUR 122.08  5.70  4.90%   

Performance

7 of 100

 
Weak
 
Strong
OK

Odds Of Distress

Less than 9

 
High
 
Low
Low
NetApp is trading at 122.08 as of the 16th of December 2024. This is a 4.90 percent increase since the beginning of the trading day. The stock's lowest day price was 114.32. NetApp has less than a 9 % chance of experiencing financial distress in the next few years but had a somewhat ok performance during the last 90 days. The performance scores are derived for the period starting the 16th of November 2024 and ending today, the 16th of December 2024. Click here to learn more.
NetApp, Inc. provides software, systems, and services to manage and share data on-premises, and private and public clouds worldwide. NetApp, Inc. was founded in 1992 and is headquartered in Sunnyvale, California. NETAPP INC operates under Data Storage classification in Germany and is traded on Frankfurt Stock Exchange. The company has 215.57 M outstanding shares. More on NetApp Inc

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NetApp Stock Highlights

Most reasonable investors view market volatility as an opportunity to invest at a favorable price or to sell short against a bearish trend. NetApp's investment highlights are automatically generated signals that are significant enough to either complement your investing judgment regarding NetApp or challenge it. These highlights can help you better understand the position you are entering and avoid costly mistakes.
Business ConcentrationData Storage, Technology (View all Sectors)
NetApp Inc (NTA) is traded on Frankfurt Exchange in Germany and employs 12,000 people. The company currently falls under 'Large-Cap' category with a current market capitalization of 13.07 B. Market capitalization usually refers to the total value of a company's stock within the entire market. To calculate NetApp's market, we take the total number of its shares issued and multiply it by NetApp's current market price. To manage market risk and economic uncertainty, many investors today build portfolios that are diversified across equities with different market capitalizations. However, as a general rule, conservative investors tend to hold large-cap stocks, and those looking for more risk prefer small-cap and mid-cap equities. NetApp Inc classifies itself under Technology sector and is part of Data Storage industry. The entity has 215.57 M outstanding shares. NetApp Inc has accumulated about 3.9 B in cash with 1.21 B of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 16.27.
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Ownership Allocation
NetApp Inc maintains a total of 215.57 Million outstanding shares. The majority of NetApp outstanding shares are owned by institutional investors. These third-party entities are usually referred to as non-private investors looking to shop for positions in NetApp Inc to benefit from reduced commissions. Consequently, institutional holders are subject to a different set of regulations than regular investors in NetApp Inc. Please pay attention to any change in the institutional holdings of NetApp as this could imply that something significant has changed or is about to change at the company. Please note that no matter how many assets the company has, if the real value of the firm is less than the current market value, you may not be able to make money on it.
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NetApp Inc Risk Profiles

Although NetApp's alpha and beta are two of the key measurements used to evaluate NetApp's performance over the market, the standard measures of volatility play an important role as well.

NetApp Stock Against Markets

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NetApp Corporate Management

Elected by the shareholders, the NetApp's board of directors comprises two types of representatives: NetApp inside directors who are chosen from within the company, and outside directors, selected externally and held independent of NetApp. The board's role is to monitor NetApp's management team and ensure that shareholders' interests are well served. NetApp's inside directors are responsible for reviewing and approving budgets prepared by upper management to implement core corporate initiatives and projects. On the other hand, NetApp's outside directors are responsible for providing unbiased perspectives on the board's policies.

Additional Information and Resources on Investing in NetApp Stock

When determining whether NetApp Inc is a good investment, qualitative aspects like company management, corporate governance, and ethical practices play a significant role. A comparison with peer companies also provides context and helps to understand if NetApp Stock is undervalued or overvalued. This multi-faceted approach, blending both quantitative and qualitative analysis, forms a solid foundation for making an informed investment decision about Netapp Inc Stock. Highlighted below are key reports to facilitate an investment decision about Netapp Inc Stock:
Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in NetApp Inc. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in board of governors.
You can also try the Bollinger Bands module to use Bollinger Bands indicator to analyze target price for a given investing horizon.
Please note, there is a significant difference between NetApp's value and its price as these two are different measures arrived at by different means. Investors typically determine if NetApp is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, NetApp's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.