NetScout Systems (NASDAQ:NTCT) Issues FY25 Earnings Guidance

NetScout Systems (NASDAQ:NTCT) issued an update on its FY25 earnings guidance on Thursday morning. The company provided EPS guidance of $2.10-2.30 for the period, compared to the consensus EPS estimate of $2.17. The company issued revenue guidance of $800-830 million, compared to the consensus revenue estimate of $808.69 million. NetScout Systems also updated its FY 2025 guidance to 2.100-2.300 EPS.

NetScout Systems Stock Performance

NASDAQ NTCT traded up $0.18 on Friday, hitting $20.64. 337,823 shares of the company’s stock traded hands, compared to its average volume of 652,059. The company has a current ratio of 1.54, a quick ratio of 1.50 and a debt-to-equity ratio of 0.05. The firm has a market capitalization of $1.47 billion, a PE ratio of -2.48 and a beta of 0.58. The firm’s 50-day moving average price is $20.77 and its two-hundred day moving average price is $19.86. NetScout Systems has a 1-year low of $17.10 and a 1-year high of $24.42.

NetScout Systems (NASDAQ:NTCT) last posted its earnings results on Thursday, October 24th. The technology company reported $0.30 earnings per share for the quarter, beating the consensus estimate of $0.26 by $0.04. The firm had revenue of $191.11 million during the quarter, compared to analyst estimates of $188.84 million. NetScout Systems had a negative net margin of 74.02% and a positive return on equity of 5.35%. As a group, analysts expect that NetScout Systems will post 1.39 EPS for the current year.

Wall Street Analyst Weigh In

Several equities analysts have recently weighed in on the stock. Royal Bank of Canada reaffirmed a “sector perform” rating and set a $22.00 target price on shares of NetScout Systems in a report on Friday, July 26th. StockNews.com lowered shares of NetScout Systems from a “strong-buy” rating to a “buy” rating in a report on Wednesday, July 24th.

Insider Buying and Selling

In related news, insider Jean A. Bua sold 19,205 shares of the business’s stock in a transaction on Wednesday, August 21st. The shares were sold at an average price of $20.37, for a total value of $391,205.85. Following the completion of the sale, the insider now owns 78,598 shares of the company’s stock, valued at approximately $1,601,041.26. The trade was a 0.00 % decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. In other news, COO Michael Szabados sold 6,500 shares of the company’s stock in a transaction on Wednesday, September 11th. The shares were sold at an average price of $18.81, for a total transaction of $122,265.00. Following the completion of the sale, the chief operating officer now owns 43,434 shares of the company’s stock, valued at $816,993.54. This represents a 0.00 % decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through this hyperlink. Also, insider Jean A. Bua sold 19,205 shares of the company’s stock in a transaction on Wednesday, August 21st. The stock was sold at an average price of $20.37, for a total transaction of $391,205.85. Following the sale, the insider now directly owns 78,598 shares of the company’s stock, valued at $1,601,041.26. The trade was a 0.00 % decrease in their position. The disclosure for this sale can be found here. In the last quarter, insiders sold 29,952 shares of company stock valued at $598,411. 3.71% of the stock is owned by corporate insiders.

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.