NETGEAR Inc (NASDAQ: NTGR) has recently experienced extremely important negative changes in fundamentals: the stock’s power rating fell below 50, significant quarterly earnings deceleration occurred, the consensus estimate for December, 2025 decreased significantly, significant quarterly sales deceleration occurred, and the consensus estimate for December, 2024 decreased significantly.
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
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 D (Negative). The Value Trend Rating reflects highly consistent signals from PTR’s two proprietary measures of a stock’s attractiveness. NETGEAR has a neutral Power Rating of 42 and a neutral Appreciation Score of 42, resulting in the Negative Value Trend Rating.
Recent Price Action
NETGEAR Inc (NASDAQ: NTGR) stock declined modestly by -1.7% on 6/7/24. The stock closed at $14.09. However, trading volume in this decline was unusually low at 56% of normal. The stock has performed in line with the market over the last nine months and has risen 3.0% during the last week.
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