NetScout Systems (NASDAQ:NTCT) Issues FY 2025 Earnings Guidance

NetScout Systems (NASDAQ:NTCT) updated its FY 2025 earnings guidance on Thursday. The company provided EPS guidance of 2.100-2.300 for the period, compared to the consensus EPS estimate of 2.170. The company issued revenue guidance of $800.0 million-$830.0 million. NetScout Systems also updated its FY25 guidance to $2.10-2.30 EPS.

Wall Street Analysts Forecast Growth

A number of brokerages recently issued reports on NTCT. Royal Bank of Canada restated a “sector perform” rating and set a $22.00 price target on shares of NetScout Systems in a report on Friday, July 26th. StockNews.com cut NetScout Systems from a “strong-buy” rating to a “buy” rating in a research note on Wednesday, July 24th.

NetScout Systems Trading Up 0.9 %

Shares of NTCT traded up $0.18 during trading hours on Friday, reaching $20.64. 348,837 shares of the company traded hands, compared to its average volume of 652,112. NetScout Systems has a 12 month low of $17.10 and a 12 month high of $24.42. The company has a market capitalization of $1.47 billion, a price-to-earnings ratio of -9.83 and a beta of 0.58. The company’s fifty day moving average price is $20.78 and its two-hundred day moving average price is $19.86. The company has a quick ratio of 1.50, a current ratio of 1.54 and a debt-to-equity ratio of 0.05.

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, topping analysts’ consensus estimates of $0.26 by $0.04. The firm had revenue of $191.11 million for the quarter, compared to the consensus estimate of $188.84 million. NetScout Systems had a positive return on equity of 5.35% and a negative net margin of 74.02%. Equities research analysts predict that NetScout Systems will post 1.39 earnings per share for the current fiscal year.

Insider Buying and Selling at NetScout Systems

In related news, COO Michael Szabados sold 6,500 shares of the stock in a transaction dated Wednesday, September 11th. The shares were sold at an average price of $18.81, for a total value of $122,265.00. Following the completion of the transaction, the chief operating officer now directly owns 43,434 shares in the company, valued at $816,993.54. This trade represents a 0.00 % decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this hyperlink. In other news, EVP John Downing sold 4,247 shares of the stock in a transaction on Thursday, August 15th. The stock was sold at an average price of $20.00, for a total value of $84,940.00. Following the sale, the executive vice president now directly owns 131,590 shares of the company’s stock, valued at approximately $2,631,800. This represents a 0.00 % decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is accessible through this link. Also, COO Michael Szabados sold 6,500 shares of NetScout Systems stock in a transaction dated Wednesday, September 11th. The stock was sold at an average price of $18.81, for a total value of $122,265.00. Following the completion of the transaction, the chief operating officer now directly owns 43,434 shares of the company’s stock, valued at approximately $816,993.54. This represents a 0.00 % decrease in their position. The disclosure for this sale can be found here. Over the last 90 days, insiders sold 29,952 shares of company stock valued at $598,411. 3.59% of the stock is currently owned by company insiders.

About NetScout Systems

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.