NetScout Systems (NTCT) to Release Earnings on Thursday

NetScout Systems (NASDAQ:NTCT) is scheduled to be issuing its quarterly earnings data before the market opens on Thursday, May 9th. Analysts expect the company to announce earnings of $0.53 per share for the quarter. Persons that are interested in participating in the company’s earnings conference call can do so using this link.

NetScout Systems Price Performance

NASDAQ:NTCT opened at $20.00 on Wednesday. The stock has a 50 day moving average of $20.88 and a two-hundred day moving average of $21.27. NetScout Systems has a 12 month low of $18.77 and a 12 month high of $31.66. The firm has a market cap of $1.42 billion, a P/E ratio of -11.83 and a beta of 0.66. The company has a current ratio of 1.59, a quick ratio of 1.55 and a debt-to-equity ratio of 0.05.

Insider Buying and Selling

In other NetScout Systems news, EVP John Downing sold 3,000 shares of the firm’s stock in a transaction that occurred on Friday, February 16th. The shares were sold at an average price of $21.93, for a total value of $65,790.00. Following the transaction, the executive vice president now directly owns 111,115 shares of the company’s stock, valued at approximately $2,436,751.95. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at the SEC website. 3.59% of the stock is currently owned by company insiders.

Analysts Set New Price Targets

Separately, TheStreet lowered NetScout Systems from a “c” rating to a “d+” rating in a report on Thursday, January 25th.

NetScout Systems Company Profile

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.