|Bid||62.00 x 1800|
|Ask||62.17 x 800|
|Day's Range||61.57 - 62.73|
|52 Week Range||54.50 - 88.08|
|Beta (3Y Monthly)||1.28|
|PE Ratio (TTM)||13.75|
|Earnings Date||Aug 14, 2019|
|Forward Dividend & Yield||1.60 (2.20%)|
|1y Target Est||79.30|
These Tech Stocks Slumped Over 5% on May 23(Continued from Prior Part)Stock fell 8.1% yesterdayData storage company NetApp (NTAP) fell 8.1% on May 23 to close trading at $61.66. NetApp stock fell over 4% on May 22 as well after the company reported
The enterprise hardware maker mixed results for its fiscal second-quarter. Why one Wall Street analyst thinks it’s time for the company to consider an acquisition.
U.S. stocks slumped on Thursday as investors dumped shares of companies in growth and cyclical sectors, with energy and technology leading declines, on fears that the escalating U.S.-China trade war would stymie global economic growth. Among S&P 500 sectors, only utilities and real estate, both considered defensive areas, registered gains as investors moved to safe-haven assets such as Treasuries. Stocks pared losses in the last hour of trading, but Wall Street's major indexes all ended more than 1% lower.
U.S. stocks slumped on Thursday as investors dumped shares of technology companies as well as businesses in cyclical sectors on fears that the escalating trade war between United States and China would stymie global economic growth. Among the S&P 500's major sectors, only utilities and real estate, both considered defensive areas, registered gains as investors moved to safe-haven assets such as Treasuries. Shares of S&P 500 technology and industrial companies, two sectors that have been bellwethers of trade sentiment, fell more than 2%.
NetApp stock was sliding in the wake of disappointing quarterly results and weak guidance that suggest lingering problems around data center sales.
U.S. stock indexes fell more than 1% on Thursday, as investors sold off technology, industrials and energy stocks on fears that a spiraling trade war between the United States and China would crimp global growth. Microsoft Corp and Apple Inc were down more than 1%, dragging the sector lower, while the chip index dropped 2.3%.
Wall Street's main indexes fell more than 1% on Thursday, as technology stocks were hammered by fears that the U.S.-China trade spat could turn into a tech cold war between the two countries. Trade-sensitive industrials slipped nearly 2%, hurt by losses in shares of bellwethers Boeing Co and Caterpillar Inc.
Shares sold off sharply on Thursday morning following disappointing earnings results. Lennox International also announced a dividend increase.
NetApp (NTAP) is benefiting from increasing adoption of all-flash arrays. However, declining OEM revenues and competition remain the headwinds.
These Tech Stocks Lost Big on May 22(Continued from Prior Part)Stock falls on earnings missData storage company NetApp (NTAP) fell over 4% on May 22. NetApp reported revenue of $1.59 billion in the fourth quarter (year ended in April), a fall from
The electronics retailer's quarterly earnings came in 16 cents a share above estimates at an adjusted $1.02 per share, with revenue beating forecast as well. Comparable-store sales were up 1.1%, beating the 0.9% consensus estimate of analysts surveyed by Refinitiv. Hormel HRL — Hormel reported adjusted quarterly profit of 46 cents per share, beating estimates by a penny a share.
Check out the companies making headlines after the bell:Shares of L Brands LB surged nearly 13% in extended trading on Wednesday after the parent company of retailers Victoria's Secret and Bath & Body Works reported first-quarter results that surpassed expectations.
Today we'll take a closer look at NetApp, Inc. (NASDAQ:NTAP) from a dividend investor's perspective. Owning a strong...
NetApp (NTAP) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.
After market close on Wednesday, May 22, 2019, NetApp will announce financial results for the fourth quarter and fiscal year 2019, which ended April 26, 2019.