NetScout Systems Inc (NASDAQ: NTCT) has reported a loss for its fourth fiscal quarter (ending March 31) of $-0.46 versus a loss $-0.05 for the same period a year ago. This result fell short of the consensus estimate of $0.52 by $-0.98. For the latest four quarters through March 31, E.P.S. were $-2.07 versus $0.83 for the same period a year ago — a decline of -349%.
Recent Price Action
NetScout Systems Inc (NASDAQ: NTCT) stock closed at $20.50 on 5/9/24 after an increase of 1.9%. Trading volume in this advance was normal. The stock has risen 3.6% during the last week but has been extremely weak relative to the market over the last nine months.
Current PriceTarget Research Rating
With future capital returns 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 very contradictory signals from PTR’s two proprietary measures of a stock’s attractiveness. NetScout Systems has a good Appreciation Score of 75 but a poor Power Rating of 23, resulting in 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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