NetApp Reports Fourth Quarter and Fiscal Year 2019 Results
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NetApp (NTAP) PT Lowered to $60 at Susquehanna
May 23, 2019 8:13 AM EDTSusquehanna analyst Mehdi Hosseini lowered the price target on NetApp (NASDAQ: NTAP) to $60.00 (from $70.00) while maintaining a Neutral rating following the company's quarter results. The revenue miss and guide-down were not entirely a surprise, given recent Enterprise HW checks on 5/17 that pointed to aggressive... More
NetApp (NTAP) PT Lowered to $74 at BofA/Merrill Lynch
May 23, 2019 7:38 AM EDTBofA/Merrill Lynch analyst Wamsi Mohan lowered the price target on NetApp (NASDAQ: NTAP) to $74.00 (from $78.00) while maintaining a Buy rating following the company's quarter results. NetApp is trading down 7% in the aftermarket, after the company reported revenue at the low end of... More
NetApp (NTAP) Raises Quarterly Dividend 20% to $0.48; 2.9% Yield
May 22, 2019 4:13 PM EDTNetApp (NASDAQ: NTAP) declared a quarterly dividend of $0.48 per share, or $1.92 annualized. This is a 20% increase from the prior dividend of $0.40.
The dividend will be payable on July 24, 2019, to stockholders of record on July 5, 2019, with an ex-dividend date of July 3,... More
NetApp (NTAP) Misses Q4 EPS by 4c, Q1 Guidance Misses
May 22, 2019 4:03 PM EDTNetApp (NASDAQ: NTAP) reported Q4 EPS of $1.22, $0.04 worse than the analyst estimate of $1.26. Revenue for the quarter came in at $1.59 billion versus the consensus estimate of $1.65 billion.
GUIDANCE:
NetApp sees Q1 2020 EPS of $0.78-$0.86, versus the consensus of $1.05. NetApp sees Q1... More
