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 Price Performance

Shares of NTCT traded up $0.18 during mid-day trading on Friday, reaching $20.64. The company had a trading volume of 348,837 shares, compared to its average volume of 652,112. The company has a debt-to-equity ratio of 0.05, a current ratio of 1.54 and a quick ratio of 1.50. The company has a market capitalization of $1.47 billion, a P/E ratio of -9.83 and a beta of 0.58. NetScout Systems has a twelve month low of $17.10 and a twelve month high of $24.42. The company’s 50-day moving average is $20.78 and its 200-day moving average is $19.86.

NetScout Systems (NASDAQ:NTCT) last issued its quarterly earnings data on Thursday, October 24th. The technology company reported $0.30 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.26 by $0.04. NetScout Systems had a positive return on equity of 5.35% and a negative net margin of 74.02%. The company had revenue of $191.11 million during the quarter, compared to analysts’ expectations of $188.84 million. On average, equities analysts anticipate that NetScout Systems will post 1.39 EPS for the current year.

Analysts Set New Price Targets

Several brokerages have weighed in on NTCT. Royal Bank of Canada reaffirmed a “sector perform” rating and set a $22.00 price objective on shares of NetScout Systems in a research note on Friday, July 26th. StockNews.com cut NetScout Systems from a “strong-buy” rating to a “buy” rating in a report on Wednesday, July 24th.

Insider Buying and Selling

In other NetScout Systems news, EVP John Downing sold 4,247 shares of the firm’s stock in a transaction dated Thursday, August 15th. The shares were sold at an average price of $20.00, for a total value of $84,940.00. Following the completion of the sale, the executive vice president now owns 131,590 shares in the company, valued at approximately $2,631,800. This trade represents a 0.00 % decrease in their position. The transaction was disclosed in a legal filing with the SEC, which can be accessed through this hyperlink. In other NetScout Systems news, EVP John Downing sold 4,247 shares of the company’s stock in a transaction on Thursday, August 15th. The stock was sold at an average price of $20.00, for a total transaction of $84,940.00. Following the transaction, the executive vice president now owns 131,590 shares of the company’s stock, valued at approximately $2,631,800. This represents a 0.00 % decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, insider Jean A. Bua sold 19,205 shares of NetScout Systems 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 directly owns 78,598 shares of the company’s stock, valued at $1,601,041.26. This trade represents a 0.00 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders have sold a total of 29,952 shares of company stock worth $598,411 in the last 90 days. Corporate insiders own 3.59% of the company’s stock.

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.