NTGR - NETGEAR Inc Stock Price, Fair Value and News

11.57USD+0.08 (+0.70%)Delayed as of 08 May 2024, 01:57 pm ET

Market Summary

USD11.57+0.08

Delayedas of 08 May 2024, 01:57 pm

0.70%

NTGR Alerts

2 major insider sales recently.

Big fall in earnings (Y/Y)
Losses in recent quarter

NTGR Stock Price

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NTGR RSI Chart

NTGR Valuation

Market Cap

334.0M

Price/Earnings (Trailing)

-2.94

Price/Sales (Trailing)

0.46

EV/EBITDA

-7.79

Price/Free Cashflow

5.81

NTGR Price/Sales (Trailing)

NTGR Profitability

EBT Margin

-3.78%

Return on Equity

-22.24%

Return on Assets

-14.19%

Free Cashflow Yield

17.21%

NTGR Fundamentals

NTGR Revenue

Revenue (TTM)

724.5M

Rev. Growth (Yr)

-9.02%

Rev. Growth (Qtr)

-12.77%

NTGR Earnings

Earnings (TTM)

-113.7M

Earnings Growth (Yr)

-92.03%

Earnings Growth (Qtr)

-1.0K%

Breaking Down NTGR Revenue

52 Week Range

11.2415.46

(Low)(High)

Last 7 days

-22.2%

Last 30 days

-23.4%

Last 90 days

-19.7%

Trailing 12 Months

-17.2%

How does NTGR drawdown profile look like?

NTGR Financial Health

Current Ratio

2.88

NTGR Investor Care

Shares Dilution (1Y)

0.05%

Diluted EPS (TTM)

-3.86

Historical Charts for Stock Metrics

Get all data in R, Python etc through our Historical Stock Data APIs

Net sales

Year	Q1	Q2	Q3	Q4
2024	724.5M	0	0	0
2023	902.8M	853.0M	801.3M	740.8M
2022	1.1B	975.1M	934.6M	932.5M
2021	1.3B	1.4B	1.3B	1.2B
2020	979.6M	1.0B	1.1B	1.3B
2019	1.1B	1.0B	1.0B	998.8M
2018	1.0B	1.0B	1.0B	1.1B
2017	1.3B	1.2B	1.1B	1.0B
2016	1.3B	1.3B	1.3B	1.3B
2015	1.4B	1.3B	1.3B	1.3B
2014	1.4B	1.4B	1.4B	1.4B
2013	1.2B	1.3B	1.3B	1.4B
2012	1.2B	1.3B	1.3B	1.3B
2011	969.3M	1.1B	1.1B	1.2B
2010	740.5M	794.3M	848.2M	902.1M
2009	0	0	0	686.6M

Get all data in R, Python etc through our Historical Stock Data APIs

Tracking the Latest Insider Buys and Sells of NETGEAR Inc

Filter Transactions

Datesorted ascending	Name	Buy/Sell	$ Value	Avg. Price	# Shares	Title
May 06, 2024	westhead martin	sold	-106,376	12.16	-8,748	cto, software
May 06, 2024	werdann michael a	sold	-112,315	12.15	-9,244	chief revenue officer
Apr 30, 2024	falcon michael f	sold (taxes)	-72,200	14.78	-4,885	chief operations officer
Apr 30, 2024	bryan murray	sold (taxes)	-121,536	14.78	-8,223	chief finance officer
Apr 30, 2024	werdann michael a	sold (taxes)	-71,210	14.78	-4,818	chief revenue officer
Apr 30, 2024	rogers tamesa	sold (taxes)	-71,180	14.78	-4,816	chief people officer
Apr 30, 2024	westhead martin	sold (taxes)	-71,609	14.78	-4,845	cto, software
Apr 30, 2024	henry david john	sold (taxes)	-74,180	14.78	-5,019	president and gm, chp
Apr 30, 2024	kim andrew wonki	sold (taxes)	-74,313	14.78	-5,028	chief legal officer
Apr 27, 2024	westhead martin	acquired	-	-	30,000	cto, software

Which funds bought or sold NTGR recently?

View All Details

Datesorted ascending	Fund Name	Type	% Chg	$ Change	$ Held	% Portfolio
May 06, 2024	Empowered Funds, LLC	new	-	479,865	479,865	0.01%
May 06, 2024	Quantbot Technologies LP	reduced	-26.76	-21,513	82,020	-%
May 06, 2024	NEW YORK LIFE INVESTMENT MANAGEMENT LLC	sold off	-100	-274,133	-	-%
May 06, 2024	Savant Capital, LLC	new	-	187,884	187,884	-%
May 06, 2024	Advisory Services Network, LLC	sold off	-100	-7,290	-	-%
May 06, 2024	Parallel Advisors, LLC	new	-	2,555	2,555	-%
May 06, 2024	Marquette Asset Management, LLC	unchanged	-	10,292	136,395	0.02%
May 03, 2024	SIGNATUREFD, LLC	unchanged	-	2,343	31,051	-%
May 03, 2024	GSA CAPITAL PARTNERS LLP	reduced	-76.24	-1,626,000	562,000	0.04%
May 02, 2024	NISA INVESTMENT ADVISORS, LLC	added	0.17	29,964	388,967	-%

Are Funds Buying or Selling NTGR?

Are funds buying NTGR calls or puts?

Calls

Puts

No. of funds holding Calls - Puts

Net Call Options

No. of funds that own NTGR

No. of Funds

Unveiling NETGEAR Inc's Major ShareHolders

Date Filed	Name of Filer	Percent of Class	No. of Shares	Form Type
Feb 13, 2024	vanguard group inc	8.13%	2,407,791	SC 13G/A
Feb 09, 2024	dimensional fund advisors lp	4.5%	1,342,061	SC 13G/A
Jan 22, 2024	blackrock inc.	15.5%	4,585,131	SC 13G/A
Jan 10, 2024	brandes investment partners, lp	11.51%	3,406,889	SC 13G
Oct 06, 2023	blackrock inc.	11.0%	3,233,729	SC 13G/A
Oct 02, 2023	victory capital management inc	-	3,037	SC 13G/A
Sep 06, 2023	brandes investment partners, lp	10.84%	3,186,064	SC 13G
Feb 13, 2023	brandes investment partners, lp	7.11%	2,054,591	SC 13G
Feb 10, 2023	dimensional fund advisors lp	6.4%	1,837,818	SC 13G/A
Feb 09, 2023	vanguard group inc	11.75%	3,395,731	SC 13G/A

Recent SEC filings of NETGEAR Inc

View All Filings

Date Filed	Form Type	Document
May 07, 2024	4	Insider Trading
May 07, 2024	4	Insider Trading
May 06, 2024	144	Notice of Insider Sale Intent
May 06, 2024	144	Notice of Insider Sale Intent
May 03, 2024	10-Q	Quarterly Report
May 02, 2024	4	Insider Trading
May 02, 2024	4	Insider Trading
May 02, 2024	4	Insider Trading
May 02, 2024	4	Insider Trading
May 02, 2024	4	Insider Trading

Peers (Alternatives to NETGEAR Inc)

Name	Mkt Capsorted ascending	Revenue	Price %, 1M	Returns, 1Y	P/E	P/S	Rev 1-Yr	Inc 1-Yr
LARGE-CAP
CSCO	191.4B	57.2B	-2.64%	2.01%	14.24	3.34	7.66%	18.93%
ANET	85.7B	5.9B	-7.94%	98.43%	41.03	14.62	33.75%	54.34%
HPQ	27.8B	53.1B	-2.40%	-5.90%	8.15	0.52	-11.04%	34.01%
HPE	21.9B	29.1B	-6.33%	18.82%	10.82	0.75	2.24%	133.29%
LOGI	13.3B	4.2B	-3.41%	30.76%	27.36	3.13	-11.68%	12.69%
JNPR	11.2B	5.3B	-6.93%	19.38%	50.05	2.1	-2.96%	-55.26%
MID-CAP
UI	6.9B	1.9B	6.68%	-40.44%	18.48	3.66	4.69%	6.86%
BDC	3.7B	2.4B	1.61%	12.44%	20.47	1.53	-8.79%	-36.23%
LITE	2.8B	1.4B	-9.80%	-13.55%	-7.9	1.97	-21.81%	-865.12%
SMALL-CAP
EXTR	1.4B	1.2B	1.29%	-34.17%	-226.29	1.17	-0.19%	-110.91%
AAOI	447.7M	217.6M	-6.95%	558.19%	-7.99	2.06	-2.32%	15.59%
ADTN	426.4M	1.1B	6.96%	-37.59%	-1.59	0.37	12.05%	-13041.29%
ALOT	136.3M	148.1M	-0.73%	19.84%	29.03	0.92	3.90%	76.40%
AKTS	59.2M	29.7M	3.45%	-79.38%	-0.86	1.99	39.86%	-13.06%
AIRG	57.4M	56.0M	1.10%	-4.51%	-4.61	1.02	-26.16%	-43.53%

NETGEAR Inc News

Latest updates

NETGEAR Inc Earnings Report: Key Takeaways & Analysis

Income Statement (Last 12 Months)

(In Thousands)

(*) denotes actual numbers (not divided by Thousands)
Income Statement (Quarterly)																					(In Thousands)
Description	(%) Q/Q	2024Q1	2023Q4	2023Q3	2023Q2	2023Q1	2022Q4	2022Q3	2022Q2	2022Q1	2021Q4	2021Q3	2021Q2	2021Q1	2020Q4	2020Q3	2020Q2	2020Q1	2019Q4	2019Q3	2019Q2	2019Q1
Revenue	-12.8%	164,586	188,674	197,845	173,413	180,908	249,103	249,587	223,224	210,558	251,187	290,150	308,811	317,925	367,073	378,114	280,052	229,963	252,971	265,858	230,852	249,082
Gross Profit	-26.5%	48,237	65,636	68,934	54,300	60,382	61,696	68,529	61,421	58,903	74,699	86,841	93,356	110,941	111,116	113,494	81,301	66,241	69,583	77,192	65,445	82,008
Operating Expenses	2.0%	69,885	68,510	69,582	72,078	72,357	73,874	70,680	71,471	117,448	73,848	73,926	71,852	79,614	77,274	81,328	72,434	65,572	69,794	65,127	65,119	68,000
S&GA Expenses	-0.1%	30,529	30,552	30,865	32,482	33,879	35,340	34,203	34,546	35,586	36,230	36,176	35,740	37,815	40,645	39,794	34,384	33,031	34,263	33,491	34,541	35,855
R&D Expenses	3.2%	20,227	19,592	20,738	20,831	22,134	20,250	22,167	22,205	23,821	23,080	23,472	22,586	23,829	23,376	24,529	21,144	19,739	20,799	19,537	18,814	18,832
EBITDA Margin	-77.0%	-0.03*	-0.02*	-0.03*	-0.03*	-0.03*	-0.08*	-0.07*	-0.05*	-0.01*	0.07*	0.09*	0.10*	-	-	-	-	-	-	-	-	-
Income Taxes	-107.9%	-100	1,266	86,431	-1,200	-900	-4,060	-4,314	-2,336	-2,300	734	3,199	4,369	7,815	2,531	6,200	3,247	500	1,045	-228	756	2,207
Earnings Before Taxes	-4375.7%	-18,798	-420	1,632	-9,779	-10,569	-10,112	-1,513	-10,870	-59,527	-257	12,783	22,203	30,775	33,479	31,749	9,230	-3,655	600	12,301	1,595	15,100
EBT Margin	-46.2%	-0.04*	-0.03*	-0.04*	-0.04*	-0.04*	-0.09*	-0.08*	-0.06*	-0.02*	0.06*	0.08*	0.09*	-	-	-	-	-	-	-	-	-
Net Income	-1017.4%	-18,650	-1,669	-84,799	-8,587	-9,712	-6,044	2,801	-8,534	-57,210	-991	9,584	17,834	22,960	30,948	25,535	5,983	-4,173	-420	12,529	839	12,843
Net Income Margin	-11.0%	-0.16*	-0.14*	-0.14*	-0.03*	-0.02*	-0.07*	-0.07*	-0.06*	-0.03*	0.04*	0.06*	0.07*	-	-	-	-	-	-	-	-	-
Free Cashflow	-72.9%	14,680	54,073	24,048	-35,319	8,252	-6,557	-17,341	4,072	337	973	-19,370	-8,195	-	-	-	-	-	-	-	-	-

Balance Sheet

(In Millions)

(*) denotes actual numbers (not divided by Millions)
Balance Sheet																					(In Millions)
Description	(%) Q/Q	2024Q1	2023Q4	2023Q3	2023Q2	2023Q1	2022Q4	2022Q3	2022Q2	2022Q1	2021Q4	2021Q3	2021Q2	2021Q1	2020Q4	2020Q3	2020Q2	2020Q1	2019Q4	2019Q3	2019Q2	2019Q1
Assets	-5.4%	801	847	842	927	988	1,020	1,005	976	1,014	1,079	1,099	1,112	1,137	1,106	1,028	929	879	956	943	993	970
Current Assets	-5.9%	704	748	741	734	799	834	830	800	838	883	900	912	931	893	823	722	678	744	727	772	746
Cash Equivalents	-2.3%	173	177	131	106	143	147	133	149	207	264	283	329	364	346	300	253	204	190	168	215	186
Inventory	-15.1%	211	249	281	324	337	300	298	301	327	316	305	252	216	172	144	151	181	235	276	276	236
Net PPE	13.1%	9.00	8.00	8.00	8.00	8.00	9.00	10.00	12.00	12.00	13.00	15.00	14.00	15.00	16.00	15.00	16.00	16.00	18.00	20.00	21.00	21.00
Goodwill	0%	36.00	36.00	36.00	36.00	36.00	36.00	36.00	36.00	36.00	81.00	81.00	81.00	81.00	81.00	81.00	81.00	81.00	81.00	81.00	81.00	81.00
Liabilities	-7.0%	290	312	310	314	370	399	382	359	377	382	390	389	413	417	382	323	282	347	321	370	337
Current Liabilities	-7.6%	244	264	260	264	318	346	330	305	318	341	345	343	361	365	326	270	234	298	272	315	280
Shareholder's Equity	-4.5%	511	535	533	613	619	621	623	616	637	697	709	723	724	689	646	606	598	609	622	622	633
Retained Earnings	-7.1%	-462	-432	-430	-345	-334	-324	-318	-320	-294	-226	-207	-183	-172	-193	-222	-247	-243	-222	-199	-190	-171
Additional Paid-In Capital	0.7%	974	968	963	958	953	946	942	936	931	923	917	906	897	883	869	853	841	831	822	812	804
Shares Outstanding	-0.7%	29.00	30.00	29.00	29.00	29.00	29.00	29.00	29.00	29.00	30.00	30.00	31.00	-	-	-	-	-	-	-	-	-
Float	-	-	-	-	403	-	-	-	525	-	-	-	1,150	-	-	-	705	-	-	-	447	-

Cashflow (Last 12 Months)

(In Thousands)

(*) denotes actual numbers (not divided by Thousands)
Cashflow (Quarterly)																					(In Thousands)
Description	(%) Q/Q	2024Q1	2023Q4	2023Q3	2023Q2	2023Q1	2022Q4	2022Q3	2022Q2	2022Q1	2021Q4	2021Q3	2021Q2	2021Q1	2020Q4	2020Q3	2020Q2	2020Q1	2019Q4	2019Q3	2019Q2	2019Q1
Cashflow From Operations	-69.5%	17,190	56,271	26,050	-34,590	9,122	-4,933	-15,245	5,152	1,294	3,919	-17,008	-5,227	13,737	46,088	42,892	63,165	29,005	49,569	-26,117	27,266	-37,193
Share Based Compensation	5.6%	4,544	4,301	4,285	4,687	4,665	4,468	3,440	5,129	4,697	5,923	6,210	6,902	6,960	7,779	7,218	9,172	6,336	8,954	6,986	6,739	6,458
Cashflow From Investing	-3.4%	-11,339	-10,962	-1,611	-263	-14,597	18,581	-1,517	-45,629	-50,952	-2,552	-2,550	-3,113	-1,770	-4,422	-2,520	-8,388	-1,506	-3,764	-2,654	20,036	35,841
Cashflow From Financing	-19335.3%	-9,912	-51.00	667	-1,985	2,166	-76.00	641	-17,300	-7,288	-20,862	-26,116	-26,233	5,087	4,302	7,487	-6,436	-13,415	-23,599	-17,838	-18,371	-14,015
Buy Backs	-	11,400	-	-	-	-	-	-	15,000	9,377	19,450	32,467	24,999	-	1,292	-	7,500	15,008	22,791	21,966	16,980	15,000

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NTGR Income Statement

2024-03-31

Unaudited Condensed Consolidated Statements of Operations - USD ($)
shares in Thousands, $ in Thousands

3 Months Ended

Mar. 31, 2024

Apr. 02, 2023

Income Statement [Abstract]

Net revenue

^[1]

$ 164,586

$ 180,908

^[2]

Cost of revenue

116,349

120,526

Gross profit

48,237

60,382

Operating expenses:

Research and development

20,227

22,134

Sales and marketing

30,529

33,879

General and administrative

18,067

16,236

Other operating expenses, net

1,062

108

Total operating expenses

69,885

72,357

Loss from operations

(21,648)

(11,975)

Other income, net

^[3]

2,850

1,406

^[2]

Loss before income taxes

(18,798)

(10,569)

^[2]

Benefit from income taxes

(148)

(857)

Net loss

$ (18,650)

$ (9,712)

Net loss per share

Basic

$ (0.63)

$ (0.33)

Diluted

$ (0.63)

$ (0.33)

Weighted average shares used to compute net loss per share:

Basic

29,395

29,040

Diluted

29,395

29,040

[1]	No individual foreign country represented more than 10% of the Company’s total net revenue in the periods presented.
[2]	* Financial information for each reportable segment were recast to conform to the current reportable segment structure.
[3]	Amounts included gain/(loss), net from derivatives not designated as hedging instruments of $1.5million and $(0.2) million, for the three months ended March 31, 2024 and April 2, 2023, respectively.

NTGR Balance Sheet

2024-03-31

Unaudited Condensed Consolidated Balance Sheets - USD ($) $ in Thousands	Mar. 31, 2024	Dec. 31, 2023
Current assets:
Cash and cash equivalents	$ 172,656	$ 176,717
Short-term investments	116,765	106,931
Accounts receivable, net of allowance for doubtful accounts of $338 as of March 31, 2024 and December 31, 2023, respectively	172,771	185,059
Inventories	211,270	248,851
Prepaid expenses and other current assets	30,178	30,421
Total current assets	703,640	747,979
Property and equipment, net	9,353	8,273
Operating lease right-of-use assets	34,713	37,285
Goodwill	36,279	36,279
Other non-current assets	17,294	17,326
Total assets	801,279	847,142
Current liabilities:
Accounts payable	38,451	46,850
Accrued employee compensation	22,193	21,286
Other accrued liabilities	154,567	168,084
Deferred revenue	28,393	27,091
Income taxes payable	713	1,037
Total current liabilities	244,317	264,348
Non-current income taxes payable	11,885	12,695
Non-current operating lease liabilities	26,742	29,698
Other non-current liabilities	6,973	4,906
Total liabilities	289,917	311,647
Commitments and contingencies (Note 8)
Stockholders’ equity:
Common stock	29	30
Additional paid-in capital	974,181	967,651
Accumulated other comprehensive income	21	136
Accumulated deficit	(462,869)	(432,322)
Total stockholders’ equity	511,362	535,495
Total liabilities and stockholders’ equity	$ 801,279	$ 847,142

About NETGEAR Inc

NETGEAR, Inc. engages in the design, development, and marketing of networking and Internet connected products for consumers, businesses, and service providers in the Americas; Europe, the Middle East, Africa; and the Asia Pacific. The company operates in two segments, Connected Home, and Small and Medium Business. The Connected Home segment offers Wi-Fi routers and home Wi-Fi mesh systems, Wi-Fi hotspots, broadband modems, Wi-Fi gateways, Wi-Fi range extenders, powerline adapters, Wi-Fi network adapters, and digital canvasses; and provides value-added service offerings, including security and privacy, technical support, parental controls, and cybersecurity protection. The Small and Medium Business segment provides Pro AV Solutions comprising switches that are engineered for AV over IP for both enterprise and home installation; enterprise grade cloud managed or standalone access points used in managing and controlling Wi-Fi that provides connections to smart phones, tablets, laptops and other computing devices at campuses, facilities, and offices; ethernet switches, are multiple port network devices used to connect devices using IP protocols; and NETGEAR Insight services, that helps small businesses to remotely deploy, monitor, manage and secure their networks easily and seamlessly. It markets and sells its products through traditional retailers, online retailers, wholesale distributors, direct market resellers, value-added resellers, and broadband service providers, as well as through its direct online store at www.netgear.com. The company was incorporated in 1996 and is headquartered in San Jose, California.

CEO	Mr. C. S. Lo
WEBSITE	netgear.com
INDUSTRY	Computer Hardware
EMPLOYEES	653

NETGEAR Inc Frequently Asked Questions

What is the ticker symbol for NETGEAR Inc? What does NTGR stand for in stocks?

NTGR is the stock ticker symbol of NETGEAR Inc. Every public company that trades on a stock exchange gets a ticker symbol.

What is the market capital of NETGEAR Inc (NTGR)?

As of Tue May 07 2024, market cap of NETGEAR Inc is 334.03 Million. The market capitalization is calculated by multiplying the stock price with the number of shares outstanding.

What is the fair value of NTGR stock?

You can check NTGR's fair value in chart for subscribers.

What is the fair value of NTGR stock?

You can check NTGR's fair value in chart for subscribers. The fair value of NETGEAR Inc is provided for various growth and macro-economic scenarios from very pessimiatic to very optimistic assumptions. These fair values are estimates from Grufity's Fair Value model based on company's past performance. However, past performance of NETGEAR Inc is no guarantee of future performance. These fairvalue estimates should only be used as one of the inputs in your stock analysis. We provide model's historical fair value estimates for NTGR so that you know how good or bad the model has been in the past so you can discard it if needed. There are others that provide fair values of stocks such as wallmine, finbox, gurufocus and finviz. Most provide point in time estimates. We provide a history of our models fair value estimates so that you can get a sense of it's usefulness. Otherwise this data point is of little use.

Is NETGEAR Inc a good stock to buy?

The fair value guage provides a quick view whether NTGR is over valued or under valued. Whether NETGEAR Inc is cheap or expensive depends on the assumptions which impact NETGEAR Inc's fair value. We provide several scenarios of inflation and growth to encompass these range of assumptions for NTGR.

What is NETGEAR Inc's Price to Earnings (PE) and Price to sales (PS) ratio?

As of Tue May 07 2024, NTGR's PE ratio (Price to Earnings) is -2.94 and Price to Sales (PS) ratio is 0.46. The price to earnings and price to sales ratio are two most important valuation metrics for any company. PE ratio tell us the number of years of earnings investors are ready to pay for owning the company. Historically, S&P500 price to earnings ratio has fallen below 12 during periods of gloom and gone past 30 during periods of euphoria. NTGR PE ratio will change depending on the future growth rate expectations of investors.

What is 5 year return on NETGEAR Inc's stock?

In the past 10 years, NETGEAR Inc has provided -0.055 (multiply by 100 for percentage) rate of return.