NetScout Systems (NTCT) to Release Quarterly Earnings on Thursday

Posted by Editorial Team on May 8th, 2024

NetScout Systems (NASDAQ:NTCT – Get Free Report) is scheduled to post its quarterly earnings results before the market opens on Thursday, May 9th. Analysts expect NetScout Systems to post earnings of $0.53 per share for the quarter. Persons that wish to listen to the company’s earnings conference call can do so using this link.

NetScout Systems Trading Down 0.9 %

NTCT opened at $20.00 on Wednesday. NetScout Systems has a 52 week low of $18.77 and a 52 week high of $31.66. The company has a market capitalization of $1.42 billion, a P/E ratio of -11.83 and a beta of 0.66. The stock’s fifty day moving average is $20.88 and its two-hundred day moving average is $21.27. The company has a quick ratio of 1.55, a current ratio of 1.59 and a debt-to-equity ratio of 0.05.

Analyst Ratings Changes

Separately, TheStreet lowered shares of NetScout Systems from a “c” rating to a “d+” rating in a research note on Thursday, January 25th.

Check Out Our Latest Research Report on NTCT

Insider Activity

In other NetScout Systems news, EVP John Downing sold 3,000 shares of NetScout Systems stock in a transaction dated Friday, February 16th. The stock was sold at an average price of $21.93, for a total value of $65,790.00. Following the transaction, the executive vice president now owns 111,115 shares in the company, valued at $2,436,751.95. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website. Insiders own 3.59% of the company’s stock.

NetScout Systems Company Profile

(Get Free Report)

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.