For its first fiscal quarter (ending June 30), NetScout Systems Inc (NASDAQ: NTCT) has reported E.P.S. of $-6.20 compared to $-0.06 a year ago. E.P.S. were $-8.23 for the latest four quarters through June 30 versus $0.86 for the same period a year ago — a decline of -1057%.
Recent Price Action
On 7/25/24, NetScout Systems Inc (NASDAQ: NTCT) stock enjoyed a major increase of 11.6%, closing at $20.37. Moreover, unusually high trading volume at 161% of normal accompanied the advance. The stock has been weak relative to the market over the last nine months but has risen 6.6% during the last week.
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 (Low Neutral). This rating combines very contradictory signals from two proprietary PTR measures of a stock’s attractiveness. NetScout Systems has a good Appreciation Score of 76 but a poor Power Rating of 16, and the Low Neutral Value Trend Rating results.
Rating Review
In light of this new information and 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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