NETGEAR Inc (NASDAQ: NTGR) has recently experienced meaningful negative changes in fundamentals: significant quarterly sales deceleration occurred, significant quarterly earnings deceleration occurred, and the consensus estimate for December, 2024 decreased significantly.
Recent meaningful negative changes in investment behavior have impacted NETGEAR Inc (NASDAQ: NTGR): negative upside/downside volume developed.
In light of these highly negative signals we are reviewing our current Overall Rating of D. We would continue to view the shares with caution pending completion of this review in the next several days.
Current PriceTarget Research Rating
With future capital returns forecasted to be in line with the cost of capital, NTGR is expected to be Value Creation neutral.
NETGEAR has a current Value Trend Rating of D (Negative). This rating combines inconsistent signals from two proprietary PTR measures of a stock’s attractiveness. NETGEAR has a neutral Appreciation Score of 59 but a very low Power Rating of 14, resulting in the Negative Value Trend Rating.
Recent Price Action
On 11/7/23, NETGEAR Inc (NASDAQ: NTGR) stock suffered a large decline of -2.2%, closing at $12.71. The stock has risen 1.4% during the last week but has been weak relative to the market over the last nine months.
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