NETGEAR Inc (NASDAQ: NTGR) stock enjoyed a major increase of 30.8% on 9/12/24. The shares closed at $20.84. Moreover, this advance was accompanied by exceptionally high trading volume at 1217% of normal. The stock has performed in line with the market over the last nine months and has risen 24.6% during the last week.
Current PriceTarget Research Rating
NTGR’s future returns on capital are forecasted to be in line with the cost of capital. Accordingly, the company is expected to continue to be Value Creation neutral.
NETGEAR has a current Value Trend Rating of C (Low Neutral). This rating combines consistent signals from two proprietary PTR measures of a stock’s attractiveness. NETGEAR has a neutral Power Rating of 45 and a slightly negative Appreciation Score of 39, resulting in the Low Neutral Value Trend Rating.
Rating Review
In light of this very positive price change we are reviewing our current Overall Rating of C. This review will be completed in the next several days.
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