Deutsche Bank Remains Sidelined on NetApp (NTAP) Following 4Q Miss

Pre-Open Stock Movers 05/26: (NERV) (FLXN) (DLTR) Higher; (PRGN) (OVAS) (IONS) Lower (more...)

May 26, 2016 9:32 AM EDT

Today's Pre-Open Stock Movers:

Minerva Neurosciences (NASDAQ: NERV) 232.2% HIGHER;... More

Drexel Hamilton Remains Sidelined on NetApp (NTAP) Following 4Q Miss

May 26, 2016 9:26 AM EDT

Drexel Hamilton reiterated a Hold rating and $24.50 price target on NetApp (NASDAQ: NTAP) following the company's 4Q earnings report. NetApp reported sales of $1.38 billion, missing the Street's $1.40 billion estimate. Pro forma EPS of $0.55 also fell short of the Street's estimate of $0.58.

Analyst Brian... More

Needham & Company Remains Sidelined on NetApp (NTAP) Following 4Q Report

May 26, 2016 8:35 AM EDT

Needham & Company reiterated a Hold rating on NetApp (NASDAQ: NTAP), following the company's 4Q earnings report. NTAP reported revenue of $1.38B at the low end of guidance of $1.35-1.50B, missing $1.4B consensus. EPS were also at the low-end of guidance, with $0.55 vs. $0.55-0.60, and... More

Piper Jaffray Remains Neutral on NetApp (NTAP) Following 4Q Earnings Report

May 26, 2016 7:40 AM EDT

Piper Jaffray reiterated a Neutral rating on NetApp (NASDAQ: NTAP), and raised the price target to $26.00 (from $25.00), following the company's 4Q earnings report. NetApp reported revenue of $1.38B, which was within the guided range ($1.35-$1.50B), but below the consensus estimate of $1.40B. Management said revenue was negatively... More

NetApp (NTAP): All Eyes On All Flash - Susquehana

May 26, 2016 6:26 AM EDT

Susquehanna analyst, Mehdi Hosseini, thinks investors should stay on the sidelines as (NASDAQ: NTAP) continues to navigate through a challenging environment, as it aims to spur adoption of its core cDOT platform(26% of installed base) while integrating the SolidFire asset into its All-Flash... More

NetApp (NTAP) volatility up into less than expected results and quarterly dividend increase by 6%

May 26, 2016 6:23 AM EDT

NetApp (NASDAQ: NTAP) is recently down $1.88 to $23.64 in the premarket after reporting Q4 EPS 55c, compared to consensus 58c. Q4 revenue was $1.38B, compared consensus $1.4B. May weekly call option implied volatility is at 84, June is at 39, July is at 42; compared to its 52-week range of 26 to 51.

... More

After-Hours Stock Movers 05/25: (LGF) (PVH) (WSM) Higher; (PRGN) (PSTG) (ALDX) Lower (more...)

May 25, 2016 6:04 PM EDT

Today's After-Hours Movers:

Paragon Shipping Inc. (NASDAQ: PRGN) 47.2% LOWER; announced that it has received written notification from The NASDAQ Stock Market dated May 19, 2016, indicating that because the Company's stockholders' equity as of December 31, 2015 was below $2,500,000, the Company no longer meets the minimum stockholders' equity requirement for The NASDAQ Capital Market, set forth in NASDAQ Listing Rule 5550(b)(1). Pursuant to the NASDAQ Listing Rules, the Company has 45 calendar days to submit a plan to regain compliance. If the plan is accepted, NASDAQ can grant an extension of up... More

NetApp (NTAP) Raises Quarterly Dividend 5.6% to $0.19; 3% Yield

May 25, 2016 4:09 PM EDT

NetApp (NASDAQ: NTAP) declared a quarterly dividend of $0.19 per share, or $0.76 annualized. This is a 5.6% increase from the prior dividend of $0.18.

The dividend will be payable on July 27, 2016, to stockholders of record on July 18, 2016, with an ex-dividend date of July 14,... More

NetApp (NTAP) Misses Q4 EPS by 3c; Guides Q1 EPS Below

May 25, 2016 4:08 PM EDT

NetApp (NASDAQ: NTAP) reported Q4 EPS of $0.55, $0.03 worse than the analyst estimate of $0.58. Revenue for the quarter came in at $1.38 billion versus the consensus estimate of $1.4 billion.

"We executed well in the fourth quarter and I'm pleased with the progress we are making with... More

Trading Radar for 5/25: HP, Inc. (HPQ), Tiffany & Co. (TIF), Costco (COST), PVH Corp. (PVH), NetApp (NTAP) Report

May 24, 2016 2:42 PM EDT

The Trading Radar highlights key earnings and economic announcements for the next trading session:

Before Markets Open:
Economics:
8:30am EDT

International Trade in Goods: Adv. - no Street consensus

9:00am EDT

FHFA Housing Price Index - no Street consensus

Earnings:

BMO Financial Group (NYSE:... More

NetApp (NTAP): Expecting Revs At Low End Of Guidance - RBC

May 24, 2016 7:02 AM EDT

RBC Capital analyst, Amit Daryanani, believes NetApp (NASDAQ: NTAP) will report Apr-qtr revenue toward the lower end of revenue guide ($1.35-1.50B) as the market for traditional disk-based storage products remains soft based on recent industry data points.

The firm's revenue... More