NetScout Systems Inc (NASDAQ: NTCT) has reported E.P.S. of $0.30 for its second fiscal quarter (ending September 30) versus $0.24 for the same period a year ago — an increase of 25%. For the latest four quarters through September 30, E.P.S. were $0.92 compared to $0.68 a year ago — an increase of 35%.
Recent Price Action
On 11/2/23, NetScout Systems Inc (NASDAQ: NTCT) stock declined slightly by -0.09%, closing at $21.76. The stock has performed in line with the market over the last nine months and has declined -2.3% during the last week.
Current PriceTarget Research Rating
Reflecting future returns on capital that are forecasted to exceed the cost of capital, NTCT is expected to continue to be a modest Value Builder.
NetScout Systems has a current Value Trend Rating of C (Neutral). The Value Trend Rating reflects consistent signals from PTR’s two proprietary measures of a stock’s attractiveness. NetScout Systems has a slightly positive Appreciation Score of 66 and a neutral Power Rating of 46, triggering the Neutral Value Trend Rating.
Rating Review
In light of this new information we are reviewing our current Overall Rating of C. This review will be completed in the next several days.
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