NETGEAR (NTGR) Expected to Announce Quarterly Earnings on Wednesday

NETGEAR (NASDAQ:NTGR) is anticipated to announce its Q1 2025 earnings results after the market closes on Wednesday, April 30th. Analysts expect the company to announce earnings of ($0.35) per share and revenue of $152.24 million for the quarter. NETGEAR has set its Q1 2025 guidance at EPS.

NETGEAR (NASDAQ:NTGR) last announced its earnings results on Wednesday, February 5th. The communications equipment provider reported ($0.24) earnings per share for the quarter, meeting the consensus estimate of ($0.24). NETGEAR had a negative return on equity of 9.24% and a net margin of 1.83%. On average, analysts expect NETGEAR to post $-2 EPS for the current fiscal year and $-2 EPS for the next fiscal year.

NETGEAR Stock Performance

NASDAQ:NTGR opened at $24.76 on Monday. The stock has a market cap of $712.64 million, a price-to-earnings ratio of 61.90 and a beta of 1.03. NETGEAR has a one year low of $10.48 and a one year high of $31.55. The business’s 50-day simple moving average is $23.69 and its 200 day simple moving average is $24.85.

Analysts Set New Price Targets

Several equities analysts have recently commented on the company. StockNews.com cut NETGEAR from a “buy” rating to a “hold” rating in a research note on Friday, March 21st. Raymond James increased their price objective on shares of NETGEAR from $22.00 to $29.00 and gave the company an “outperform” rating in a research note on Thursday, February 6th.

Insider Buying and Selling at NETGEAR

In other NETGEAR news, CFO Murray Bryan sold 3,848 shares of NETGEAR stock in a transaction on Friday, March 14th. The shares were sold at an average price of $23.92, for a total value of $92,044.16. Following the completion of the transaction, the chief financial officer now owns 193,032 shares of the company’s stock, valued at $4,617,325.44. The trade was a 1.95 % decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is available through this link. Also, CEO Charles J. Prober sold 10,929 shares of the stock in a transaction on Thursday, February 20th. The stock was sold at an average price of $26.64, for a total transaction of $291,148.56. Following the sale, the chief executive officer now directly owns 507,763 shares in the company, valued at $13,526,806.32. This trade represents a 2.11 % decrease in their ownership of the stock. The disclosure for this sale can be found here. 7.00% of the stock is currently owned by insiders.

About NETGEAR

NETGEAR, Inc provides connectivity solutions the Americas; Europe, the Middle East, Africa; and the Asia Pacific. The company operates in two segments, Connected Home, and NETGEAR for Business. The Connected Home segment offers Wi-Fi routers and home Wi-Fi mesh systems, Wi-Fi hotspots, digital displays, broadband modems, Wi-Fi gateways, Wi-Fi range extenders, powerline adapters, and Wi-Fi network adapters; and provides value-added service offerings, including security and privacy, technical support, and parental controls.