NetScout Systems Inc. (NTCT): Shedding Light on Earning Per Share Reports

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NetScout Systems Inc. (NASDAQ:NTCT) changes shares on Tuesday trading session, with a change of -3.37% or -$0.87 shares. The trading starts at $25.59 and closed at $25.78 throughout the day. The trading session low price was $24.85 and day high was $25.78 on Tuesday, August 04. After the session, the Technology sector daily volume shifted to 0.37 million while its average volume is 472.13K. In other hand, the NTCT market cap reached to $1.81B. While, its current target price is $26.90.

On May 3, 2018, BRIEF-Netscout Reports Q4 Non-GAAP Earnings Per Share $0.36. According to the news reported on Reuters, * NETSCOUT REPORTS FINANCIAL RESULTS FOR FOURTH QUARTER AND FISCAL YEAR 2018

Checking out the performance report which defines the increase or decrease of prices for a specific period. For the last 5 trading sessions, its performance is down -5.82% and down -4.16% for month. Its quarterly performance was -5.18% below, while its half year performance is down -6.98%. NTCT yearly performance stood at positive 12.31% and rise 3.49% for year-to-date. Current recommendation for NetScout Systems Inc. is 3.00.

Earnings per share or EPS is an important financial measure, which defines the profitability of a company. NTCT EPS (TTM) for 12-month is 0.12. EPS for this year is 96.10%, while for the next year its value is 1.74. Sales growth for the current quarter is 116.62 while its EPS Q/Q reached -59.50%. It has an EPS of -15.20% down for past five years and for the next five years will be up 1.78%.

Blackrock Inc., Vanguard Group, Inc. (The) and Neuberger Berman Group, LLC are the top three holders in NetScout Systems Inc. (NTCT) stock. On Mar 30, 2020, Blackrock Inc. has 8.44 million shares which valued 199.77 million. On Mar 30, 2020, Vanguard Group, Inc. (The) owned 6.88 million shares which valued at 162.96 million. On Mar 30, 2020, Neuberger Berman Group, LLC has a total of 6.25 million shares which valued at 147.92 million. In the end, Neuberger Berman Group, LLC have 8.63% shares outstanding of NetScout Systems Inc. (NTCT) on Mar 30, 2020. The insider ownership moved to 0.60%.

The company posted an EPS (TTM) of 0.12. According to the most recent quarter report on (Sep 2020), 6 analysts estimated an average EPS of 0.29, while 0.28 EPS posted a year ago period. Analyst Estimated EPS for NTCT published in the report was $0.21 – $0.36 during the same period. Comparing with last year, the average estimated EPS was 0.28 which is higher than 0.17 which was posted for recent quarter EPS.

A brief look on simple moving average (SMA) that determines the market price can impact a market. The SMA for NTCT fall -1.36% for period of 200 days. SMA for 50 days was -4.89% which is showing red signal, while SMA-20 was -4.81%. The moving average value for NetScout Systems Inc. (NTCT) is 25.73 and 25.75 for 200 and 50 days respectively.

Let’s take a look on the insider transactions, in which multiple shareholders are showing interest in NTCT stock. On Aug 04, SZABADOS MICHAEL, Chief Operating Officer, sold 6,000 trading shares at the cost of $25.35, which valued at 0.15 million. On May 12, DOWNING JOHN, EVP, Worldwide Sales Operation, sold 11,000 shares at the cost of $25.76, with total shares of 86,945. On May 12, SZABADOS MICHAEL, Chief Operating Officer, sold 6,000 shares at the cost of 25.97. After this transaction, SZABADOS MICHAEL total shares reached to 37,230 which valued at 0.16 million.