Royal Bank Of Canada Issues Pessimistic Forecast for NetScout Systems (NASDAQ:NTCT) Stock Price

NetScout Systems (NASDAQ:NTCT) had its price objective lowered by investment analysts at Royal Bank Of Canada from $43.00 to $35.00 in a report released on Friday, Benzinga reports. The brokerage currently has a “sector perform” rating on the technology company’s stock. Royal Bank Of Canada‘s price objective would indicate a potential upside of 9.78% from the company’s current price.

A number of other research firms have also weighed in on NTCT. Zacks Research lowered shares of NetScout Systems from a “strong-buy” rating to a “hold” rating in a report on Thursday, October 8th. B. Riley Financial reiterated a “buy” rating and issued a $50.00 price objective on shares of NetScout Systems in a report on Sunday, August 9th. after the company reported F1Q27 results. Wall Street Zen raised shares of NetScout Systems from a “buy” rating to a “strong-buy” rating in a research report on Saturday, August 8th. Finally, Weiss Ratings upgraded NetScout Systems from a “hold (c)” rating to a “hold (c+)” rating in a research note on Thursday, October 8th. One equities research analyst has rated the stock with a Buy rating and three have issued a Hold rating to the company’s stock. According to data from MarketBeat.com, the company presently has a consensus rating of “Hold” and an average target price of $42.50.

NetScout Systems Trading Up 0.2%

NASDAQ:NTCT traded up $0.05 during trading hours on Friday, hitting $31.88. The stock had a trading volume of 305,551 shares, compared to its average volume of 594,948. NetScout Systems has a 1-year low of $25.29 and a 1-year high of $45.28. The business has a 50 day simple moving average of $38.82 and a two-hundred day simple moving average of $36.47. The company has a market cap of $2.32 billion, a PE ratio of 19.43 and a beta of 0.72.

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

Insiders Place Their Bets

In other news, EVP John Downing sold 8,000 shares of the firm’s stock in a transaction that occurred on Tuesday, August 11th. The shares were sold at an average price of $38.41, for a total transaction of $307,280.00. Following the completion of the sale, the executive vice president owned 127,809 shares of the company’s stock, valued at approximately $4,909,143.69. This trade represents a 5.89% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, Director Michael Szabados sold 4,000 shares of the firm’s stock in a transaction that occurred on Tuesday, August 25th. The stock was sold at an average price of $37.70, for a total transaction of $150,800.00. Following the sale, the director directly owned 41,654 shares of the company’s stock, valued at $1,570,355.80. The trade was a 8.76% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. In the last quarter, insiders sold 21,269 shares of company stock valued at $813,184. Company insiders own 4.74% of the company’s stock.

Institutional Inflows and Outflows

A number of large investors have recently added to or reduced their stakes in NTCT. Signaturefd LLC grew its holdings in NetScout Systems by 111.8% during the 3rd quarter. Signaturefd LLC now owns 754 shares of the technology company’s stock worth $30,000 after acquiring an additional 398 shares in the last quarter. Group One Trading LLC bought a new stake in shares of NetScout Systems in the 2nd quarter worth about $47,000. Nykredit A S acquired a new stake in shares of NetScout Systems in the 2nd quarter valued at about $50,000. Ameritas Advisory Services LLC acquired a new stake in shares of NetScout Systems in the 2nd quarter valued at about $53,000. Finally, Public Employees Retirement System of Ohio acquired a new stake in shares of NetScout Systems in the 2nd quarter valued at about $68,000. 91.64% of the stock is currently owned by institutional investors.

Key Headlines Impacting NetScout Systems

Here are the key news stories impacting NetScout Systems this week:

• Positive Sentiment: For fiscal Q2 2027, NetScout earned $0.71 per share, above the $0.66 consensus and up from $0.62 a year earlier. Revenue of $222.19 million also topped estimates of $218.77 million, rising 1.4% year over year. Zacks report on quarterly results
• Positive Sentiment: NetScout raised or reaffirmed its fiscal 2027 EPS outlook at $2.65–$2.80, above the $2.62 analyst consensus, supporting its earnings outlook. NetScout fiscal Q2 results release
• Negative Sentiment: Fiscal 2027 revenue guidance of $885 million–$915 million implies a $900 million midpoint, slightly below the $904.9 million consensus. That relatively cautious outlook may have outweighed the quarterly beat and contributed to the share decline. Yahoo Finance report on the share decline

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.