NTGR - NETGEAR Inc Stock Price, Fair Value and News

13.96USD-0.09 (-0.64%)Market Closed

Market Summary

USD13.96-0.09

Market Closed

-0.64%

NTGR Stock Price

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NTGR RSI Chart

NTGR Valuation

Market Cap

414.1M

Price/Earnings (Trailing)

-3.95

Price/Sales (Trailing)

0.56

EV/EBITDA

-19.82

Price/Free Cashflow

8.11

NTGR Price/Sales (Trailing)

NTGR Profitability

EBT Margin

-2.58%

Return on Equity

-19.56%

Return on Assets

-12.37%

Free Cashflow Yield

12.33%

NTGR Fundamentals

NTGR Revenue

Revenue (TTM)

740.8M

Rev. Growth (Yr)

-24.26%

Rev. Growth (Qtr)

-4.64%

NTGR Earnings

Earnings (TTM)

-104.8M

Earnings Growth (Yr)

72.39%

Earnings Growth (Qtr)

98.03%

Breaking Down NTGR Revenue

Last 7 days

-5.0%

Last 30 days

-5.0%

Last 90 days

-0.2%

Trailing 12 Months

-20.9%

How does NTGR drawdown profile look like?

NTGR Financial Health

Current Ratio

2.83

NTGR Investor Care

Shares Dilution (1Y)

2.59%

Diluted EPS (TTM)

-3.56

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
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
Apr 15, 2024	kim andrew wonki	sold	-83,212	14.54	-5,723	chief legal officer
Mar 15, 2024	kim andrew wonki	sold	-81,582	14.5113	-5,622	chief legal officer
Feb 27, 2024	prober charles j.	acquired	-	-	455,820	chief exective officer
Feb 16, 2024	westhead martin	sold	-22,511	14.82	-1,519	cto, software
Feb 15, 2024	kim andrew wonki	sold	-85,390	14.5	-5,889	chief legal officer
Feb 05, 2024	mehta vikram	sold	-26,701	14.48	-1,844	svp, smb
Jan 31, 2024	lo patrick cs	sold (taxes)	-336,796	14.2	-23,718	chief exective officer

Which funds bought or sold NTGR recently?

View All Details

Datesorted ascending	Fund Name	Type	% Chg	$ Change	$ Held	% Portfolio
Apr 09, 2024	MASSMUTUAL TRUST CO FSB/ADV	new	-	205	205	-%
Apr 08, 2024	TOMPKINS FINANCIAL CORP	sold off	-100	-2,916	-	-%
Apr 05, 2024	CWM, LLC	added	113	3,000	6,000	-%
Apr 05, 2024	GAMMA Investing LLC	reduced	-6.05	193	4,652	-%
Apr 03, 2024	Versant Capital Management, Inc	unchanged	-	71.00	946	-%
Mar 22, 2024	PNC Financial Services Group, Inc.	sold off	-100	-5,766	-	-%
Mar 11, 2024	VANGUARD GROUP INC	added	9.25	7,356,920	35,105,600	-%
Mar 01, 2024	GOLDMAN SACHS GROUP INC	added	109	3,679,480	6,257,330	-%
Feb 28, 2024	AMERICAN INTERNATIONAL GROUP, INC.	added	0.79	30,021	209,617	-%
Feb 26, 2024	TEACHERS RETIREMENT SYSTEM OF THE STATE OF KENTUCKY	sold off	-100	-96,000	-	-%

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
Apr 16, 2024	4	Insider Trading
Apr 15, 2024	144	Notice of Insider Sale Intent
Apr 15, 2024	4/A	Insider Trading
Apr 02, 2024	4/A	Insider Trading
Mar 27, 2024	8-K	Current Report
Mar 15, 2024	144	Notice of Insider Sale Intent
Mar 15, 2024	4	Insider Trading
Mar 04, 2024	4/A	Insider Trading
Feb 27, 2024	4	Insider Trading
Feb 16, 2024	10-K	Annual Report

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	193.5B	57.2B	-3.00%	-5.01%	14.4	3.38	7.66%	18.93%
ANET	81.1B	5.9B	-10.36%	59.42%	38.85	13.84	33.75%	54.34%
HPQ	27.1B	53.1B	-7.48%	-11.27%	7.95	0.51	-11.04%	34.01%
HPE	22.1B	29.1B	-0.18%	7.92%	10.93	0.76	2.24%	133.29%
LOGI	12.4B	4.2B	-10.39%	33.18%	25.61	2.93	-11.68%	12.69%
JNPR	11.7B	5.6B	-0.63%	10.08%	37.86	2.11	4.97%	-34.14%
MID-CAP
UI	6.4B	1.9B	-2.45%	-57.77%	17.29	3.43	4.69%	6.86%
BDC	3.4B	2.5B	-5.23%	2.39%	13.94	1.35	-3.62%	-4.73%
LITE	2.8B	1.4B	-10.30%	-9.72%	-10.61	1.97	-21.40%	-1031.82%
SMALL-CAP
EXTR	1.4B	1.3B	-1.15%	-39.51%	17.86	1.06	14.09%	64.56%
AAOI	458.1M	217.6M	-8.09%	442.27%	-8.17	2.1	-2.32%	15.59%
ADTN	367.1M	1.1B	-12.95%	-52.65%	-1.37	0.32	12.05%	-13041.29%
ALOT	129.2M	148.1M	-3.70%	16.32%	27.52	0.87	3.90%	76.40%
AIRG	57.7M	56.0M	4.57%	3.00%	-4.64	1.03	-26.16%	-43.53%
AKTS	50.3M	29.7M	-5.56%	-85.09%	-0.73	1.69	39.86%	-13.06%

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	2023Q4	2023Q3	2023Q2	2023Q1	2022Q4	2022Q3	2022Q2	2022Q1	2021Q4	2021Q3	2021Q2	2021Q1	2020Q4	2020Q3	2020Q2	2020Q1	2019Q4	2019Q3	2019Q2	2019Q1	2018Q4
Revenue	-4.6%	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	288,928
Gross Profit	-4.8%	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	90,654
Operating Expenses	-1.5%	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	73,238
S&GA Expenses	-1.0%	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	38,251
R&D Expenses	-5.5%	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	19,143
EBITDA Margin	38.7%	-0.02*	-0.03*	-0.03*	-0.03*	-0.08*	-0.07*	-0.05*	-0.01*	0.07*	0.09*	0.10*	0.09*	-	-	-	-	-	-	-	-	-
Income Taxes	-98.5%	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	19,210
Earnings Before Taxes	-125.7%	-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	18,675
EBT Margin	28.2%	-0.03*	-0.04*	-0.04*	-0.04*	-0.09*	-0.08*	-0.06*	-0.02*	0.06*	0.08*	0.09*	0.08*	-	-	-	-	-	-	-	-	-
Net Income	98.0%	-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	-19,471
Net Income Margin	-3.8%	-0.14*	-0.14*	-0.03*	-0.02*	-0.07*	-0.07*	-0.06*	-0.03*	0.04*	0.06*	0.07*	0.06*	-	-	-	-	-	-	-	-	-
Free Cashflow	124.9%	54,073	24,048	-35,319	8,252	-6,557	-17,341	4,072	337	973	-19,370	-8,195	12,149	-	-	-	-	-	-	-	-	-

Balance Sheet

(In Millions)

(*) denotes actual numbers (not divided by Millions)
Balance Sheet																					(In Millions)
Description	(%) Q/Q	2023Q4	2023Q3	2023Q2	2023Q1	2022Q4	2022Q3	2022Q2	2022Q1	2021Q4	2021Q3	2021Q2	2021Q1	2020Q4	2020Q3	2020Q2	2020Q1	2019Q4	2019Q3	2019Q2	2019Q1	2018Q4
Assets	0.6%	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	1,043
Current Assets	1.0%	748	741	734	799	834	830	800	838	883	900	912	931	893	823	722	678	744	727	772	746	858
Cash Equivalents	34.4%	177	131	106	143	147	133	149	207	264	283	329	364	346	300	253	204	190	168	215	186	201
Inventory	-11.4%	249	281	324	337	300	298	301	327	316	305	252	216	172	144	151	181	235	276	276	236	244
Net PPE	0.0%	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	20.00
Goodwill	0%	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	81.00
Liabilities	0.6%	312	310	314	370	399	382	359	377	382	390	389	413	417	382	323	282	347	321	370	337	416
Current Liabilities	1.7%	264	260	264	318	346	330	305	318	341	345	343	361	365	326	270	234	298	272	315	280	384
Shareholder's Equity	0.5%	535	533	613	619	621	623	616	637	697	709	723	724	689	646	606	598	609	622	622	633	628
Retained Earnings	-0.4%	-432	-430	-345	-334	-324	-318	-320	-294	-226	-207	-183	-172	-193	-222	-247	-243	-222	-199	-190	-171	-166
Additional Paid-In Capital	0.4%	968	963	958	953	946	942	936	931	923	917	906	897	883	869	853	841	831	822	812	804	794
Shares Outstanding	1.2%	30.00	29.00	29.00	29.00	29.00	29.00	29.00	29.00	30.00	30.00	31.00	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	2023Q4	2023Q3	2023Q2	2023Q1	2022Q4	2022Q3	2022Q2	2022Q1	2021Q4	2021Q3	2021Q2	2021Q1	2020Q4	2020Q3	2020Q2	2020Q1	2019Q4	2019Q3	2019Q2	2019Q1	2018Q4
Cashflow From Operations	116.0%	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	-177,067
Share Based Compensation	0.4%	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	6,233
Cashflow From Investing	-580.4%	-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	-1,701
Cashflow From Financing	-107.6%	-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	-13,825
Buy Backs	-	-	-	-	-	-	-	15,000	9,377	19,450	32,467	24,999	-	1,292	-	7,500	15,008	22,791	21,966	16,980	15,000	15,000

NTGR Income Statement

2023-12-31

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

12 Months Ended

Dec. 31, 2023

Dec. 31, 2022

Dec. 31, 2021

Income Statement [Abstract]

Net revenue

$ 740,840,000

$ 932,472,000

$ 1,168,073,000

Cost of revenue

491,588,000

681,923,000

802,236,000

Gross profit

249,252,000

250,549,000

365,837,000

Operating expenses:

Research and development

83,295,000

88,443,000

92,967,000

Sales and marketing

127,778,000

139,675,000

145,961,000

General and administrative

66,243,000

56,316,000

59,659,000

Goodwill impairment

44,442,000

Intangibles impairment

1,071,000

Other operating expenses, net

4,140,000

4,597,000

653,000

Total operating expenses

282,527,000

333,473,000

299,240,000

Income (loss) from operations

(33,275,000)

(82,924,000)

66,597,000

Other income (expenses), net

^[1]

14,139,000

902,000

(1,093,000)

Income (loss) before income taxes

(19,136,000)

(82,022,000)

65,504,000

Provision for (benefit from) income taxes

85,631,000

(13,035,000)

16,117,000

Net income (loss)

$ (104,767,000)

$ (68,987,000)

$ 49,387,000

Net income (loss) per share

Basic

$ (3.57)

$ (2.38)

$ 1.63

Diluted

$ (3.57)

$ (2.38)

$ 1.59

Weighted average shares used to compute net income (loss) per share:

Basic

29,355

29,007

30,241

Diluted

29,355

29,007

31,002

[1]

Amounts included gain/(loss), net from litigation settlement of $6.0 million for the year ended December 31, 2023, and gain/(loss), net from derivatives not designated as hedging instruments of $0.3 million, $2.7 million and $4.2 million, for the years ended December 31, 2023, 2022 and 2021, respectively.

NTGR Balance Sheet

2023-12-31

Consolidated Balance Sheets - USD ($) $ in Thousands	Dec. 31, 2023	Dec. 31, 2022
Current assets:
Cash and cash equivalents	$ 176,717	$ 146,500
Short-term investments	106,931	80,925
Accounts receivable, net of allowance for doubtful accounts of $338 and $397 as of December 31, 2023 and December 31, 2022, respectively	185,059	277,485
Inventories	248,851	299,614
Prepaid expenses and other current assets	30,421	29,767
Total current assets	747,979	834,291
Property and equipment, net	8,273	9,225
Operating lease right-of-use assets	37,285	40,868
Intangibles, net	0	1,329
Goodwill	36,279	36,279
Other non-current assets	17,326	97,793
Total assets	847,142	1,019,785
Current liabilities:
Accounts payable	46,850	85,550
Accrued employee compensation	21,286	24,132
Other accrued liabilities	168,084	213,476
Deferred revenue	27,091	21,128
Income taxes payable	1,037	1,685
Total current liabilities	264,348	345,971
Non-current income taxes payable	12,695	14,972
Non-current operating lease liabilities	29,698	34,085
Other non-current liabilities	4,906	3,902
Total liabilities	311,647	398,930
Commitments and contingencies (Note 8)
Stockholders’ equity:
Preferred stock: $0.001 par value; 5,000,000 shares authorized; none issued or outstanding	0	0
Common stock: $0.001 par value; 200,000,000 shares authorized; shares issued and outstanding: 29,615,723 and 28,907,770 as of December 31, 2023 and 2022, respectively	30	29
Additional paid-in capital	967,651	946,123
Accumulated other comprehensive income (loss)	136	(535)
Accumulated deficit	(432,322)	(324,762)
Total stockholders’ equity	535,495	620,855
Total liabilities and stockholders’ equity	$ 847,142	$ 1,019,785

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 Wed Apr 17 2024, market cap of NETGEAR Inc is 414.07 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 Wed Apr 17 2024, NTGR's PE ratio (Price to Earnings) is -3.95 and Price to Sales (PS) ratio is 0.56. 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 -0.04 (multiply by 100 for percentage) rate of return.