NetScout Systems (NASDAQ:NTCT – Get Free Report) was downgraded by investment analysts at Wall Street Zen from a “strong-buy” rating to a “hold” rating in a research report issued on Saturday, Wall Street Zen reports.
NTCT has been the topic of several other reports. Zacks Research lowered shares of NetScout Systems from a “strong-buy” rating to a “hold” rating in a report on Thursday, October 8th. B. Riley Financial restated a “buy” rating and issued a $50.00 price target on shares of NetScout Systems in a research note on Sunday, August 9th. after the company reported F1Q27 results. Weiss Ratings upgraded NetScout Systems from a “hold (c)” rating to a “hold (c+)” rating in a research report on Thursday, October 8th. Finally, Royal Bank Of Canada cut their price objective on NetScout Systems from $43.00 to $35.00 and set a “sector perform” rating on the stock in a research report on Friday. One analyst has rated the stock with a Buy rating and three have assigned a Hold rating to the company. According to data from MarketBeat.com, NetScout Systems has an average rating of “Hold” and a consensus price target of $42.50.
Check Out Our Latest Research Report on NetScout Systems
NetScout Systems Trading Down 1.0%
Shares of NTCT opened at $31.51 on Friday. The stock’s 50 day moving average is $38.66 and its two-hundred day moving average is $36.49. NetScout Systems has a 12 month low of $25.29 and a 12 month high of $45.28. The firm has a market cap of $2.29 billion, a P/E ratio of 17.90 and a beta of 0.72.
NetScout Systems (NASDAQ:NTCT – Get Free Report) last issued its quarterly earnings data on Thursday, November 5th. The technology company reported $0.71 earnings per share for the quarter, topping the consensus estimate of $0.66 by $0.05. The firm had revenue of $222.19 million for the quarter, compared to analysts’ expectations of $218.77 million. NetScout Systems had a net margin of 13.71% and a return on equity of 9.25%. The company’s quarterly revenue was up 1.4% compared to the same quarter last year. During the same period in the prior year, the firm earned $0.62 earnings per share. NetScout Systems has set its FY 2027 guidance at 2.650-2.800 EPS. Equities research analysts forecast that NetScout Systems will post 2.15 EPS for the current year.
Insider Buying and Selling
In other news, Director Michael Szabados sold 4,000 shares of NetScout Systems stock in a transaction that occurred on Tuesday, August 25th. The shares were sold at an average price of $37.70, for a total value of $150,800.00. Following the completion of the sale, the director directly owned 41,654 shares in the company, valued at approximately $1,570,355.80. The trade was a 8.76% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this link. Also, COO Sanjay Munshi sold 2,269 shares of the business’s stock in a transaction dated Monday, August 17th. The shares were sold at an average price of $39.27, for a total value of $89,103.63. Following the transaction, the chief operating officer owned 6,729 shares in the company, valued at approximately $264,247.83. This represents a 25.22% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Over the last quarter, insiders have sold 21,269 shares of company stock worth $813,184. 4.74% of the stock is owned by corporate insiders.
Hedge Funds Weigh In On NetScout Systems
Several large investors have recently added to or reduced their stakes in the company. Russell Investments Group Ltd. boosted its position in shares of NetScout Systems by 16.2% during the 3rd quarter. Russell Investments Group Ltd. now owns 286,946 shares of the technology company’s stock valued at $11,428,000 after purchasing an additional 40,072 shares in the last quarter. Maryland State Retirement & Pension System boosted its holdings in NetScout Systems by 56.5% in the third quarter. Maryland State Retirement & Pension System now owns 15,416 shares of the technology company’s stock valued at $619,000 after acquiring an additional 5,568 shares during the last quarter. Leuthold Group LLC raised its holdings in shares of NetScout Systems by 9.1% during the third quarter. Leuthold Group LLC now owns 189,517 shares of the technology company’s stock valued at $7,615,000 after purchasing an additional 15,773 shares during the period. Verus Capital Partners LLC grew its stake in shares of NetScout Systems by 46.1% in the 3rd quarter. Verus Capital Partners LLC now owns 12,685 shares of the technology company’s stock worth $510,000 after buying an additional 4,000 shares during the last quarter. Finally, Ashton Thomas Private Wealth LLC grew its position in shares of NetScout Systems by 2.7% during the 3rd quarter. Ashton Thomas Private Wealth LLC now owns 11,632 shares of the technology company’s stock valued at $467,000 after acquiring an additional 302 shares during the period. Institutional investors and hedge funds own 91.64% of the company’s stock.
NetScout Systems News Summary
Here are the key news stories impacting NetScout Systems this week:
- Positive Sentiment: Fiscal Q2 2027 adjusted EPS was $0.71, beating the $0.66 consensus and rising from $0.62 a year earlier. Revenue of $222.19 million also topped estimates of $218.77 million. Zacks earnings report
- Neutral Sentiment: NetScout maintained fiscal 2027 EPS guidance of $2.65–$2.80, above the $2.62 consensus. Revenue guidance of $885 million–$915 million brackets analysts’ $904.9 million estimate, while its midpoint is slightly below that forecast.
- Negative Sentiment: RBC cut its price target to $35 from $43 and kept a “sector perform” rating. The new target still implies about 11.1% upside from the cited $31.51 share price, but the sizable reduction may weigh on sentiment. RBC ratings information
- Negative Sentiment: Despite the quarterly beats, revenue increased just 1.4% year over year, suggesting modest growth and potentially limiting enthusiasm about the results.
NetScout Systems Company Profile
NetScout Systems, Inc (NASDAQ: NTCT) provides network performance management, service assurance and cybersecurity solutions for enterprises, communications service providers, government organizations and other large institutions. Its technologies are designed to help customers monitor network traffic, identify performance issues, maintain service availability and detect or respond to cyberthreats.
The company’s offerings include the nGeniusONE service assurance platform, InfiniStream network monitoring and packet-based visibility technologies, and solutions associated with its Arbor portfolio for distributed denial-of-service protection, network detection and response, and other cybersecurity applications.
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