NetScout Systems (NASDAQ:NTCT) Announces FY 2027 Earnings Guidance

NetScout Systems (NASDAQ:NTCT) issued an update on its FY 2027 earnings guidance on Thursday. The company provided EPS guidance of 2.650-2.800 for the period, compared to the consensus EPS estimate of 2.620. The company issued revenue guidance of $885.0 million-$915.0 million, compared to the consensus revenue estimate of $904.9 million.

Wall Street Analysts Forecast Growth

Several analysts have issued reports on the company. Wall Street Zen upgraded NetScout Systems from a “buy” rating to a “strong-buy” rating in a research note on Saturday, August 8th. Zacks Research downgraded NetScout Systems from a “strong-buy” rating to a “hold” rating in a research note on Thursday, October 8th. Weiss Ratings raised NetScout Systems from a “hold (c)” rating to a “hold (c+)” rating in a report on Thursday, October 8th. B. Riley Financial restated a “buy” rating and issued a $50.00 price target on shares of NetScout Systems in a research note on Sunday, August 9th. after the company reported F1Q27 results. Finally, Royal Bank Of Canada raised their price target on NetScout Systems from $38.00 to $43.00 and gave the company a “sector perform” rating in a report on Thursday, August 6th. One research analyst has rated the stock with a Buy rating and three have issued a Hold rating to the company. According to MarketBeat.com, the stock currently has an average rating of “Hold” and an average price target of $46.50.

NetScout Systems Stock Performance

Shares of NASDAQ NTCT traded down $6.27 during trading hours on Thursday, reaching $31.83. 1,090,510 shares of the stock were exchanged, compared to its average volume of 596,487. The firm has a market capitalization of $2.31 billion, a price-to-earnings ratio of 19.41 and a beta of 0.72. The stock’s fifty day simple moving average is $38.95 and its 200 day simple moving average is $36.45. NetScout Systems has a 52 week low of $25.29 and a 52 week high of $45.28.

NetScout Systems (NASDAQ:NTCT) last released its quarterly earnings results on Thursday, November 5th. The technology company reported $0.71 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.66 by $0.05. The business had revenue of $222.19 million during the quarter, compared to the consensus estimate of $218.77 million. NetScout Systems had a return on equity of 9.25% and a net margin of 13.71%. The firm’s quarterly revenue was up 1.4% on a year-over-year basis. During the same period in the previous year, the company posted $0.62 EPS. NetScout Systems has set its FY 2027 guidance at 2.650-2.800 EPS. Research analysts predict that NetScout Systems will post 2.15 EPS for the current fiscal year.

Insider Buying and Selling at NetScout Systems

In other NetScout Systems news, Director Christopher Perretta sold 7,000 shares of NetScout Systems stock in a transaction dated Friday, September 11th. The shares were sold at an average price of $38.00, for a total value of $266,000.00. Following the completion of the sale, the director owned 40,866 shares in the company, valued at $1,552,908. The trade was a 14.62% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, COO Sanjay Munshi sold 2,269 shares of the business’s stock in a transaction dated Monday, August 17th. The shares were sold at an average price of $39.27, for a total transaction of $89,103.63. Following the completion of the sale, the chief operating officer directly owned 6,729 shares of the company’s stock, valued at $264,247.83. This represents a 25.22% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. In the last three months, insiders sold 21,269 shares of company stock worth $813,184. Insiders own 4.74% of the company’s stock.

NetScout Systems Company Profile

NetScout Systems, Inc (NASDAQ: NTCT) provides network performance management, service assurance and cybersecurity solutions for enterprises, communications service providers, government organizations and other large institutions. Its technologies are designed to help customers monitor network traffic, identify performance issues, maintain service availability and detect or respond to cyberthreats.

The company’s offerings include the nGeniusONE service assurance platform, InfiniStream network monitoring and packet-based visibility technologies, and solutions associated with its Arbor portfolio for distributed denial-of-service protection, network detection and response, and other cybersecurity applications.