NetScout Systems Inc (NASDAQ: NTCT) has reported E.P.S. of $0.13 for its second fiscal quarter (ending September 30) versus $0.30 for the same period a year ago — a decline of -57%. For the latest four quarters through September 30, E.P.S. were $-8.41 compared to $0.92 a year ago — a decline of -1014%.
Recent Price Action
NetScout Systems Inc (NASDAQ: NTCT) stock closed at $20.46 on 10/24/24 after a decline of -2.1%. Moreover, trading volume in this decline was above average at 125% of normal. The stock has declined -5.7% during the last week and has performed in line with 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 contradictory signals from PTR’s two proprietary measures of a stock’s attractiveness. NetScout Systems has a good Appreciation Score of 71 but a slightly negative Power Rating of 39, 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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