NetScout Systems (NASDAQ:NTCT) Releases FY25 Earnings Guidance

NetScout Systems (NASDAQ:NTCT) updated its FY25 earnings guidance on Thursday. The company provided earnings per share guidance of $2.10-2.30 for the period, compared to the consensus earnings per share estimate of $2.17. The company issued revenue guidance of $800-830 million, compared to the consensus revenue estimate of $808.69 million. NetScout Systems also updated its FY 2025 guidance to 2.100-2.300 EPS.

Analyst Upgrades and Downgrades

Several research firms recently weighed in on NTCT. StockNews.com lowered NetScout Systems from a “strong-buy” rating to a “buy” rating in a report on Wednesday, July 24th. Royal Bank of Canada reissued a “sector perform” rating and issued a $22.00 price target on shares of NetScout Systems in a research report on Friday, July 26th.

NetScout Systems Stock Performance

Shares of NASDAQ:NTCT traded up $0.18 during midday trading on Friday, hitting $20.64. The company’s stock had a trading volume of 348,837 shares, compared to its average volume of 652,112. The company has a debt-to-equity ratio of 0.05, a quick ratio of 1.50 and a current ratio of 1.54. The stock’s 50 day simple moving average is $20.78 and its 200 day simple moving average is $19.86. The stock has a market capitalization of $1.47 billion, a price-to-earnings ratio of -9.83 and a beta of 0.58. NetScout Systems has a fifty-two week low of $17.10 and a fifty-two week high of $24.42.

NetScout Systems (NASDAQ:NTCT) last released its earnings results on Thursday, October 24th. The technology company reported $0.30 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.26 by $0.04. NetScout Systems had a positive return on equity of 5.35% and a negative net margin of 74.02%. The firm had revenue of $191.11 million for the quarter, compared to analyst estimates of $188.84 million. As a group, research analysts anticipate that NetScout Systems will post 1.39 earnings per share for the current year.

Insider Buying and Selling

In other NetScout Systems news, COO Michael Szabados sold 6,500 shares of the stock in a transaction on 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 sale, the chief operating officer now directly owns 43,434 shares of the company’s stock, valued at $816,993.54. This represents a 0.00 % decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. In related news, COO Michael Szabados sold 6,500 shares of the business’s stock in a transaction dated Wednesday, September 11th. The stock was sold at an average price of $18.81, for a total transaction of $122,265.00. Following the transaction, the chief operating officer now directly owns 43,434 shares in the company, valued at $816,993.54. The trade was a 0.00 % decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is available at this link. Also, insider Jean A. Bua sold 19,205 shares of the firm’s stock in a transaction that occurred on Wednesday, August 21st. The stock was sold at an average price of $20.37, for a total value of $391,205.85. Following the completion of the sale, the insider now owns 78,598 shares of the company’s stock, valued at $1,601,041.26. This represents a 0.00 % decrease in their position. The disclosure for this sale can be found here. Over the last quarter, insiders have sold 29,952 shares of company stock valued at $598,411. 3.59% of the stock is 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.