Netscout Systems Inc (NASDAQ:NTCT) shares traded -0.36% lower at $24.85 on Wall Street last session.
NTCT stock price is now 7.94% away from the 50-day moving average and 12.48% away from the 200-day moving average. The market capitalization of the company currently stands at $1.77B.
With the price target maintained at $30, Piper Sandler recently Upgraded its rating from Underweight to Neutral for Netscout Systems Inc (NASDAQ: NTCT). On May 31, 2022, Piper Sandler Downgraded its previous ‘Neutral’ rating to ‘Underweight’ on the stock reducing its target price from $35 to quote $33, while ‘Lake Street’ rates the stock as ‘Hold’
In other news, HADZIMA JOSEPH G JR, Director sold 3,500 shares of the company’s stock on Jun 10 ’25. The stock was sold for $83,475 at an average price of $23.85. Upon completion of the transaction, the Director now directly owns 127,798 shares in the company, valued at $3.18 million. An SEC document containing details of the transaction can be found on the SEC’s website. On Jun 10 ’25, Director HADZIMA JOSEPH G JR bought 3,500 shares of the business’s stock. A total of $83,475 was incurred on buying the stock at an average price of $23.85. A total of 3.75% of the company’s stock is owned by insiders.
During the past 12 months, Netscout Systems Inc has had a low of $17.73 and a high of $27.89. As of last week, the company has a debt-to-equity ratio of 0.03, a current ratio of 1.73, and a quick ratio of 1.70. The fifty day moving average price for NTCT is $23.022 and a two-hundred day moving average price translates $22.0933 for the stock.
The latest earnings results from Netscout Systems Inc (NASDAQ: NTCT) was released for 2025-03-31. The net profit margin was -44.60% and return on equity was -21.26% for NTCT. The company reported revenue of $204.99 million for the quarter, compared to $203.44 million a year earlier. Comparatively to last year’s same quarter, the company’s quarterly revenue rose 0.76 percent.
