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NTCT

NetScout Systems Inc

NTCT

21.36USD+0.45 (+2.15%)Market Closed
Watchlist

Market Summary

USD21.36+0.45
Market Closed
2.15%

NTCT Alerts

  • Big fall in Revenue (Y/Y)

NTCT Stock Price

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NTCT RSI Chart

NTCT Valuation

Market Cap

1.5B

Price/Earnings (Trailing)

22.97

Price/Sales (Trailing)

1.73

EV/EBITDA

7.21

Price/Free Cashflow

15.08

NTCT Price/Sales (Trailing)

NTCT Profitability

Operating Margin

75.61%

EBT Margin

7.48%

Return on Equity

2.94%

Return on Assets

2.11%

Free Cashflow Yield

6.63%

NTCT Fundamentals

NTCT Revenue

Revenue (TTM)

885.6M

Revenue Y/Y

-13.71%

Revenue Q/Q

-6.79%

NTCT Earnings

Earnings (TTM)

66.7M

Earnings Y/Y

23.47%

Earnings Q/Q

611%

Price Action

Last 7 days

6.4%

Last 30 days

1.1%

Last 90 days

-22.0%

Trailing 12 Months

-39.6%

How does NTCT drawdown profile look like?

NTCT Financial Health

Current Ratio

1.36

NTCT Investor Care

Buy Backs (1Y)

0.76%

Diluted EPS (TTM)

0.91

Historical Charts for Stock Metrics

Get all data in R, Python etc through our Historical Stock Data APIs
Net sales
YearQ1Q2Q3Q4
2023914.5M916.9M885.6M0
2022855.6M874.1M890.3M897.6M
2021831.3M837.7M844.3M877.8M
2020891.8M889.6M878.5M847.2M
2019909.9M890.8M883.5M897.5M
2018986.8M966.1M933.1M910.1M
20171.2B1.1B1.1B1.1B
2016955.4M1.1B1.1B1.1B
2015453.7M446.6M604.1M788.9M
2014396.6M422.7M434.2M446.6M
2013350.6M356.0M363.5M382.4M
2012308.7M321.7M333.7M341.9M
2011290.5M287.0M290.2M297.2M
2010260.3M267.9M275.4M283.0M

Latest Insider Trading transactions for NTCT

Filter Transactions
Datesorted ascendingNameBuy/Sell$ ValueAvg. Price# SharesTitle
Nov 10, 2023
downing john
sold
-60,630
20.21
-3,000
evp, world-wide sales
Sep 13, 2023
hadzima joseph g jr
sold
-194,753
27.8219
-7,000
-
Aug 25, 2023
donahue robert e
acquired
-
-
7,000
-
Aug 25, 2023
grasso alfred
acquired
-
-
7,000
-
Aug 25, 2023
vitale vivian m
acquired
-
-
7,000
-
Aug 25, 2023
hadzima joseph g jr
acquired
-
-
7,000
-
Aug 25, 2023
spradley susan louise
acquired
-
-
7,000
-
Aug 25, 2023
perretta christopher
acquired
-
-
7,000
-
Aug 25, 2023
egan john r
acquired
-
-
7,000
-
Aug 08, 2023
downing john
sold
-83,700
27.9
-3,000
evp, world-wide sales

1–10 of 50

Which funds bought or sold NTCT recently?

View All Details
Datesorted ascendingFund NameType% Chg$ Change$ Held% Portfolio
Dec 06, 2023
Raleigh Capital Management Inc.
added
21.5
662
7,285
-%
Dec 06, 2023
CITIGROUP INC
reduced
-24.76
-1,333,020
2,847,620
-%
Nov 24, 2023
DEUTSCHE BANK AG\
reduced
-48.23
-1,603,720
1,414,920
-%
Nov 22, 2023
Public Sector Pension Investment Board
reduced
-25.48
-1,204,850
2,498,660
0.02%
Nov 22, 2023
Graham Capital Management, L.P.
reduced
-37.21
-243,648
320,941
0.01%
Nov 22, 2023
KBC Group NV
unchanged
-
-
160,000
-%
Nov 21, 2023
COMERICA BANK
added
145
953,130
953,130
-%
Nov 21, 2023
Walleye Capital LLC
added
19.18
16,425
224,440
-%
Nov 17, 2023
Diversified Trust Co
sold off
-100
-287,865
-
-%
Nov 16, 2023
Creative Planning
reduced
-16.22
-252,141
791,957
-%

1–10 of 48

Latest Funds Activity

Are funds buying NTCT calls or puts?
Calls
Puts
No. of funds holding Calls - Puts
Net Call Options
No. of funds that own NTCT
No. of Funds

Schedule 13G FIlings of NetScout Systems Inc

Date FiledName of FilerPercent of ClassNo. of SharesForm Type
Feb 10, 2023
neuberger berman group llc
7.49%
5,410,165
SC 13G/A
Feb 10, 2023
dimensional fund advisors lp
7.8%
5,663,701
SC 13G/A
Feb 09, 2023
vanguard group inc
11.10%
8,020,040
SC 13G/A
Jan 31, 2023
franklin mutual advisers llc
6.0%
4,358,305
SC 13G/A
Jan 23, 2023
blackrock inc.
16.4%
11,852,046
SC 13G/A
Feb 14, 2022
neuberger berman group llc
7.44%
5,498,624
SC 13G/A
Feb 08, 2022
dimensional fund advisors lp
6.7%
4,928,354
SC 13G/A
Feb 02, 2022
franklin mutual advisers llc
6.5%
4,823,072
SC 13G
Jan 28, 2022
blackrock inc.
16.5%
12,211,541
SC 13G/A
Dec 10, 2021
brown capital management llc
0.21%
158,048
SC 13G/A

Recent SEC filings of NetScout Systems Inc

View All Filings
Date Filed Form Type Document
Dec 07, 2023
144
Notice of Insider Sale Intent
Nov 14, 2023
4
Insider Trading
Nov 13, 2023
144
Notice of Insider Sale Intent
Nov 02, 2023
10-Q
Quarterly Report
Nov 02, 2023
8-K
Current Report
Oct 16, 2023
8-K
Current Report
Sep 18, 2023
4
Insider Trading
Sep 18, 2023
4
Insider Trading
Sep 18, 2023
4
Insider Trading
Sep 18, 2023
4
Insider Trading

Peers (Alternatives to NetScout Systems Inc)

View All Peers In Detail
NameMkt Capsorted ascendingRevenuePrice %, 1MReturns, 1YP/EP/SRev 1-YrInc 1-Yr
LARGE-CAP
2.8T
218.3B
2.89% 51.80%
35.75
12.63
7.50% 10.47%
277.6B
18.9B
4.03% 86.35%
54.21
14.7
9.86% 6.40%
57.1B
2.8B
24.85% 112.16%
-4.8K
20.07
39.94% 93.33%
41.5B
20.8B
34.14% 12.13%
-146.79
2
22.61% 44.15%
17.3B
3.7B
5.58% 28.18%
33.67
4.63
4.19% -7.24%
MID-CAP
10.0B
2.8B
8.32% 13.93%
25.35
3.56
4.35% 22.59%
5.7B
601.6M
3.46% 47.66%
-342.56
9.42
8.88% 70.93%
4.8B
542.4M
22.16% -6.74%
-19.93
8.85
37.83% 40.17%
3.0B
1.4B
11.59% 33.46%
33.38
2.08
-0.63% -44.79%
2.6B
525.8M
-5.28% -2.63%
-19.48
5.03
17.58% 4.56%
SMALL-CAP
1.6B
1.2B
3.57% -8.30%
20.28
1.35
8.09% 97.57%
938.9M
258.9M
12.24% -34.38%
23.42
3.63
-5.29% 1.20%
292.9M
592.7M
-11.43% -47.72%
10.45
0.49
9.29% 227.17%
8.0M
16.3M
4.05% -45.00%
-4.34
0.49
-2.49% -246.74%
6.9M
13.4M
-10.00% -87.59%
-0.73
0.51
-18.06% -46.22%

NetScout Systems Inc News

Latest updates
Simply Wall St • 07 Dec 2023 • 11:13 am • 25 hours ago
Stockhouse Publishing • 04 Dec 2023 • 10:02 am • 4 days ago
Nasdaq • 03 Dec 2023 • 03:00 pm • 4 days ago
SETE News • 01 Dec 2023 • 05:54 pm • 6 days ago
Best Stocks • 15 Nov 2023 • 12:41 pm • 23 days ago
Business Wire • 08 Nov 2023 • 08:00 am • 30 days ago
Simply Wall St • 08 Nov 2023 • 08:00 am • 30 days ago
Yahoo Finance • 06 Nov 2023 • 08:00 am • 32 days ago
Yahoo Finance • 05 Nov 2023 • 07:00 am • 33 days ago
Marketscreener NL • 02 Nov 2023 • 11:30 am • 36 days ago
Yahoo Finance • 02 Nov 2023 • 07:00 am • 36 days ago
GlobeNewswire • 01 Nov 2023 • 07:00 am • 37 days ago
Seeking Alpha • 01 Nov 2023 • 07:00 am • 37 days ago
Business Wire • 23 Oct 2023 • 07:00 am • 46 days ago
Yahoo Finance • 17 Oct 2023 • 07:00 am • 52 days ago

Financials for NetScout Systems Inc

Income Statement (Last 12 Months)
(In Millions)
Income Statement (Quarterly)
(In Thousands)
(*) denotes actual numbers (not divided by Thousands)
Description(%) Q/Q2023Q32023Q22023Q12022Q42022Q32022Q22022Q12021Q42021Q32021Q22021Q12020Q42020Q32020Q22020Q12019Q42019Q32019Q22019Q12018Q42018Q3
Revenue-6.8%197211208270228209191262212190213229205184229260216186235246224
Cost Of Revenue-14.6%43.0050.0051.0057.0058.0058.0048.0060.0052.0054.0055.0055.0059.0053.0063.0066.0059.0055.0059.0070.0064.00
Gross Profit-4.3%154161157213170151144202160136158173146131167194157131176176160
Operating Expenses-23.0%127165156149149160152146148147142142143145154158165156147177183
  S&GA Expenses-22.8%61.0079.0067.0067.0066.0076.0067.0066.0065.0066.0062.0061.0060.0059.0062.0068.0073.0074.0068.0074.0072.00
  R&D Expenses-22.9%35.0046.0046.0043.0044.0043.0042.0042.0044.0043.0044.0044.0046.0045.0046.0049.0050.0044.0042.0050.0056.00
EBITDA Margin---0.18*0.17*0.17*0.17*0.17*0.20*0.18*0.17*0.17*0.16*0.17*0.16*0.16*0.18*-----
Interest Expenses3.9%2.002.003.003.002.002.002.002.002.002.002.003.003.003.004.005.005.006.007.007.006.00
Income Taxes630.2%6.00-1.132.008.002.00-3.35-1.088.002.00-1.752.00-0.834.00-1.851.00-3.827.000.004.00-1.60-2.63
Earnings Before Taxes615.1%27.00-5.33-1.0661.0019.00-10.48-9.4856.0010.00-13.0913.0028.000.00-19.279.0033.00-10.91-28.8523.00-5.20-29.06
EBT Margin---0.07*0.07*0.06*0.05*0.05*0.07*0.04*0.03*0.03*0.02*0.03*0.01*0.00*0.02*-----
Net Income611.0%21.00-4.20-3.2253.0017.00-7.13-8.4148.008.00-11.3411.0029.00-3.69-17.427.0037.00-17.47-29.3419.00-3.60-26.43
Net Income Margin---0.07*0.06*0.06*0.05*0.04*0.06*0.04*0.03*0.02*0.02*0.03*0.01*0.00*0.01*-----
Free Cashflow---11143.007.00-14.7215290.0022.0021.0089.0062.009.0042.0010363.00-----
Balance Sheet
(In Millions)
Balance Sheet
(In Millions)
Description(%) Q/Q2023Q32023Q22023Q12022Q42022Q32022Q22022Q12021Q42021Q32021Q22021Q12020Q42020Q32020Q22020Q12019Q42019Q32019Q22019Q12018Q42018Q3
Assets-1.2%2,6982,7312,8212,9042,8222,8173,1953,1343,0163,0333,0853,1463,0783,0683,1213,1273,0693,1943,2703,2973,243
  Current Assets-1.7%541550617682588563922840702696722763669631660654573676801802720
    Cash Equivalents-15.9%280333387352320333636548468487467478416403338288245354410369332
  Inventory-13.8%16.0018.0018.0019.0024.0023.0028.0022.0026.0021.0023.0026.0026.0027.0022.0025.0026.0026.0026.0029.0031.00
  Net PPE-7.7%31.0033.0035.0038.0039.0040.0041.0043.0045.0047.0048.0051.0053.0055.0058.0059.0059.0056.0059.0061.0064.00
  Goodwill-0.1%1,7221,7241,7241,7001,7001,7261,7231,7001,7181,7161,7181,7141,7191,7001,7261,7181,7191,7181,7151,7161,713
Liabilities-5.9%6586997918998849101,1341,0861,0171,0301,0791,1681,1381,1381,1831,1651,1291,1831,2051,2541,206
  Current Liabilities-6.3%359383454440402415476431371368411396362357399384351350380386339
    LT Debt, Non Current0%100100100200200200350350350350350450450450450450450500550600600
Shareholder's Equity0.4%2,0402,0312,0302,0051,9381,9072,0602,0481,9992,0032,0061,9781,9391,9301,9381,9631,9402,0112,0652,0432,037
  Retained Earnings4.6%487466470473421403411419371363375363334338355348311329358338342
  Additional Paid-In Capital0.8%3,1433,1193,1003,0783,0162,9933,0233,0042,9922,9692,9552,9372,9252,9032,8922,8742,8632,8412,8292,8102,797
Shares Outstanding-0.6%72.0072.0071.0071.0072.0072.0074.0074.0074.0074.0074.0073.0073.0072.0072.0074.0076.0077.0078.0078.0079.00
Cashflow (Last 12 Months)
(In Millions)
Cashflow (Quarterly)
(In Thousands)
(*) denotes actual numbers (not divided by Thousands)
Description(%) Q/Q2023Q32023Q22023Q12022Q42022Q32022Q22022Q12021Q42021Q32021Q22021Q12020Q42020Q32020Q22020Q12019Q42019Q32019Q22019Q12018Q42018Q3
Cashflow From Operations-17.9%-26,363-22,368112,72746,31210,132-12,521155,62693,04823,28324,05692,01865,25711,71544,931107,23369,334-1,00249,45880,32436,8087,186
  Share Based Compensation-7.0%18,44519,84414,76115,14316,50115,58112,69312,68116,73513,96511,54312,51715,73612,09610,90011,36115,85712,74312,18613,75917,418
Cashflow From Investing163.5%12,156-19,12920,951-20,497-7,67222,522-65,298-703-2,320-32.00508-3,9247,57120,543-3,492-2,24820,916-19,48525,1085,817-23,075
Cashflow From Financing-171.9%-36,449-13,404-100,206-180-8,198-310,846-446-10,651-38,291-4,777-101,266-3,442-9,496-4,103-50,260-25,235-127,655-83,720-65,021-3,889-6,889
  Buy Backs-31,137----150,0391.0011,23924,413--3,275--50,00025,00069,29230,70814,468--

NTCT Income Statement

2023-09-30
Consolidated Statements of Operations - USD ($)
shares in Thousands, $ in Thousands
3 Months Ended6 Months Ended
Sep. 30, 2023
Sep. 30, 2022
Sep. 30, 2023
Sep. 30, 2022
Revenue:    
Total revenue$ 196,802$ 228,081$ 407,940$ 436,893
Cost of revenue:    
Total cost of revenue43,05257,64193,448115,355
Gross profit153,750170,440314,492321,538
Operating expenses:    
Research and development35,11243,91780,63287,374
Sales and marketing60,95066,118139,946142,441
General and administrative22,65225,26150,86650,051
Amortization of acquired intangible assets12,55013,80125,25727,682
Restructuring charges0(60)01,714
Gain on divestiture of a business(3,806)0(3,806)0
Total operating expenses127,458149,037292,895309,262
Income from operations26,29221,40321,59712,276
Interest and other income (expense), net:    
Interest income2,5097564,7971,032
Interest expense(2,174)(2,242)(4,267)(4,106)
Other income (expense), net847(538)13(308)
Total interest and other income (expense), net1,182(2,024)543(3,382)
Income before income tax expense (benefit)27,47419,37922,1408,894
Income tax expense (benefit)6,0121,9964,878(1,357)
Net income$ 21,462$ 17,383$ 17,262$ 10,251
Basic net income per share (in dollars per share)$ 0.30$ 0.24$ 0.24$ 0.14
Diluted net income per share (in dollars per share)$ 0.29$ 0.24$ 0.24$ 0.14
Weighted average common shares outstanding used in computing:    
Net income per share - basic (in shares)72,11271,85671,82872,152
Net income per share - diluted (in shares)72,79772,89172,83873,494
Product    
Revenue:    
Total revenue$ 80,545$ 111,816$ 175,206$ 210,067
Cost of revenue:    
Total cost of revenue16,09325,88132,75552,686
Service    
Revenue:    
Total revenue116,257116,265232,734226,826
Cost of revenue:    
Total cost of revenue$ 26,959$ 31,760$ 60,693$ 62,669

NTCT Balance Sheet

2023-09-30
Consolidated Balance Sheets - USD ($)
$ in Thousands
Sep. 30, 2023
Mar. 31, 2023
Current assets:  
Cash and cash equivalents$ 279,944$ 386,794
Marketable securities and investments48,65232,204
Accounts receivable and unbilled costs, net of allowance for doubtful accounts of $666 and $675 at September 30, 2023 and March 31, 2023, respectively152,603143,855
Inventories and deferred costs15,90917,956
Prepaid income taxes13,6192,235
Prepaid expenses and other current assets29,79434,316
Total current assets540,521617,360
Fixed assets, net30,63734,735
Operating lease right-of-use assets47,00051,456
Goodwill1,722,0041,724,404
Intangible assets, net336,445366,591
Deferred income taxes4,4684,534
Long-term marketable securities3,9598,940
Other assets12,67712,540
Total assets2,697,7112,820,560
Current liabilities:  
Accounts payable15,56916,473
Accrued compensation36,93583,279
Accrued other18,33726,283
Income taxes payable1,6044,391
Deferred revenue and customer deposits275,008311,531
Current portion of operating lease liabilities11,67111,650
Total current liabilities359,124453,607
Other long-term liabilities7,3717,683
Deferred tax liability3,22424,939
Accrued long-term retirement benefits25,36326,049
Long-term deferred revenue and customer deposits119,305129,814
Operating lease liabilities, net of current portion43,65448,819
Long-term debt100,000100,000
Total liabilities658,041790,911
Commitments and contingencies (Note 14)
Preferred stock, $0.001 par value:  
5,000,000 shares authorized; no shares issued or outstanding at September 30, 2023 and March 31, 202300
Common stock, $0.001 par value:  
300,000,000 shares authorized; 130,875,398 and 128,683,824 shares issued and 71,697,901 and 71,249,045 shares outstanding at September 30, 2023 and March 31, 2023, respectively130128
Additional paid-in capital3,142,7123,099,698
Accumulated other comprehensive income5,3795,738
Treasury stock at cost, 59,177,497 and 57,434,779 shares at September 30, 2023 and March 31, 2023, respectively(1,596,026)(1,546,128)
Retained earnings487,475470,213
Total stockholders' equity2,039,6702,029,649
Total liabilities and stockholders' equity$ 2,697,711$ 2,820,560
NTCT
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. It also provides nGeniusPULSE, an active testing tool that enables enterprises to identify infrastructure performance issues and determine application availability, reliability, and performance; and nGenius Business Analytics solution, which enables service providers to analyze their network traffic. In addition, the company offers ISNG, an advanced passive network probe; packet flow systems that deliver targeted network traffic access to various monitoring and security tools and systems; and a suite of test access points that enable non-disruptive access to network traffic. Further, it provides cybersecurity solutions to protect their networks against distributed denial of service attacks under the Arbor brand, such as Arbor Sightline, Arbor Threat Mitigation System, Arbor Insight, Arbor Edge Defense, and Arbor Cloud. Additionally, the company offers advanced threat detection solutions, such as Omnis Cyber Investigator. It serves enterprise customers in various industries, including financial services, technology, manufacturing, healthcare, utilities, education, transportation, and retail; mobile operators, wireline operators, cable operators, Internet service providers, and cloud providers; and governmental agencies through a direct sales force, and indirect reseller and distribution channels. The company was incorporated in 1984 and is headquartered in Westford, Massachusetts.
 CEO
 WEBSITEwww.netscout.com
 EMPLOYEES2331

NetScout Systems Inc Frequently Asked Questions


What is the ticker symbol for NetScout Systems Inc? What does NTCT stand for in stocks?

NTCT is the stock ticker symbol of NetScout Systems Inc. Every public company that trades on a stock exchange gets a ticker symbol.

What is the market capital of NetScout Systems Inc (NTCT)?

As of Thu Dec 07 2023, market cap of NetScout Systems Inc is 1.53 Billion. The market capitalization is calculated by multiplying the stock price with the number of shares outstanding.

What is the fair value of NTCT stock?

You can check NTCT's fair value in chart. The fair value of NetScout Systems 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 NetScout Systems 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 NTCT 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 NetScout Systems Inc a good stock to buy?

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

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

As of Thu Dec 07 2023, NTCT's PE ratio (Price to Earnings) is 22.97 and Price to Sales (PS) ratio is 1.73. 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. NTCT PE ratio will change depending on the future growth rate expectations of investors.

What is 5 year return on NetScout Systems Inc's stock?

In the past 10 years, NetScout Systems Inc has provided -0.031 (multiply by 100 for percentage) rate of return.