NetScout Systems (NTCT) to Release Earnings on Thursday

NetScout Systems (NASDAQ:NTCT) will release its earnings data before the market opens on Thursday, July 25th. Analysts expect NetScout Systems to post earnings of $0.13 per share for the quarter. NetScout Systems has set its FY25 guidance at $2.10-$2.30 EPS and its FY 2025 guidance at 2.100-2.300 EPS.Persons that wish to listen to the company’s earnings conference call can do so using this link.

NetScout Systems (NASDAQ:NTCT) last released its quarterly earnings results on Thursday, May 9th. The technology company reported $0.33 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.36 by ($0.03). NetScout Systems had a positive return on equity of 5.11% and a negative net margin of 17.81%. The firm had revenue of $203.44 million for the quarter, compared to analyst estimates of $215.94 million. On average, analysts expect NetScout Systems to post $1 EPS for the current fiscal year and $1 EPS for the next fiscal year.

NetScout Systems Price Performance

NetScout Systems stock opened at $18.37 on Wednesday. NetScout Systems has a 12-month low of $17.10 and a 12-month high of $30.37. The stock has a market capitalization of $1.31 billion, a P/E ratio of -8.75 and a beta of 0.60. The firm’s 50-day moving average is $19.13 and its two-hundred day moving average is $20.45. The company has a debt-to-equity ratio of 0.05, a current ratio of 1.70 and a quick ratio of 1.67.

Insider Transactions at NetScout Systems

In other news, COO Michael Szabados sold 5,000 shares of the stock in a transaction dated Tuesday, May 14th. The shares were sold at an average price of $20.41, for a total transaction of $102,050.00. Following the transaction, the chief operating officer now directly owns 21,084 shares in the company, valued at approximately $430,324.44. The sale was disclosed in a legal filing with the SEC, which is available at this hyperlink. Insiders own 3.59% of the company’s stock.

Analysts Set New Price Targets

Separately, StockNews.com upgraded shares of NetScout Systems from a “buy” rating to a “strong-buy” rating in a report on Thursday, June 13th.

NetScout Systems Company Profile

NetScout Systems, Inc provides service assurance and cybersecurity solutions for protect digital business services against disruptions in the United States, Europe, Asia, and internationally. The company offers nGeniusONE management software that enables customers to predict, preempt, and resolve network and service delivery problems, as well as facilitate the optimization and capacity planning of their network infrastructures; and specialized platforms and analytic modules that enable its customers to analyze and troubleshoot traffic in radio access and Wi-Fi networks.