Keep in mind that buying a stock just before it reports is risky, since poor numbers could send it sharply lower. You can reduce your exposure by waiting to see how the company reports and how the market reacts.
The company reported 22% EPS growth in the latest quarterly report. Revenue increased 11%.
Consensus analyst estimates call for earnings-per-share growth of 16% for the quarter, and 25% growth for the full year. Annual earnings-per-share estimates were recently revised higher.
NetApp has a 95 Composite Rating and holds the No. 6 rank among its peers in the Computer Software-Storage industry group. Micron Technology (MU), Pure Storage (PSTG) and SmartGlobalHoldings (SGH) are among the top 5 highly rated stocks within the group.
Note: Dates for earnings reports are subject to change. Check the company’s website for any updates.
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