Extremely significant negative changes in NetScout Systems Inc (NASDAQ: NTCT) investment behavior have recently occurred: the stock’s recent price decline challenged its longer term uptrend, and its longer term price trend turned down.
Recent meaningful negative changes in fundamentals have affected NetScout Systems Inc (NASDAQ: NTCT): significant quarterly sales deceleration occurred, and significant quarterly earnings deceleration occurred.
In light of these highly negative signals we are reviewing our current Overall Rating of C. We would 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 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). This rating combines contradictory signals from two proprietary PTR measures of a stock’s attractiveness. NetScout Systems has a good Appreciation Score of 73 but a slightly negative Power Rating of 31, and the Neutral Value Trend Rating results.
Recent Price Action
NetScout Systems Inc (NASDAQ: NTCT) stock closed at $19.53 on 9/12/24 after an increase of 1.1%. However, trading volume in this advance was below average at 75% of normal. Relative to the market the stock has been weak over the last nine months and has declined -6.2% during the last week.
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