NetScout Systems (NASDAQ:NTCT – Get Free Report) updated its FY 2026 earnings guidance on Thursday. The company provided earnings per share guidance of 2.370-2.450 for the period, compared to the consensus earnings per share estimate of 2.140. The company issued revenue guidance of $835.0 million-$870.0 million, compared to the consensus revenue estimate of $855.3 million.
NetScout Systems Trading Up 0.2%
NTCT stock opened at $28.42 on Thursday. NetScout Systems has a 12-month low of $18.12 and a 12-month high of $30.67. The business’s 50-day moving average is $27.52 and its 200 day moving average is $25.94. The stock has a market cap of $2.05 billion, a price-to-earnings ratio of 23.30 and a beta of 0.64.
NetScout Systems (NASDAQ:NTCT – Get Free Report) last issued its quarterly earnings results on Thursday, February 5th. The technology company reported $1.00 EPS for the quarter, topping the consensus estimate of $0.86 by $0.14. NetScout Systems had a return on equity of 8.16% and a net margin of 10.38%.The firm had revenue of $250.68 million during the quarter, compared to analysts’ expectations of $233.69 million. NetScout Systems has set its FY 2026 guidance at 2.370-2.450 EPS. As a group, equities analysts forecast that NetScout Systems will post 1.5 EPS for the current fiscal year.
Analysts Set New Price Targets
Read Our Latest Report on NetScout Systems
Insiders Place Their Bets
In related news, COO Sanjay Munshi sold 2,000 shares of the firm’s stock in a transaction dated Wednesday, December 3rd. The stock was sold at an average price of $27.23, for a total transaction of $54,460.00. Following the completion of the transaction, the chief operating officer directly owned 6,254 shares in the company, valued at $170,296.42. This trade represents a 24.23% decrease in their position. The sale was disclosed in a legal filing with the SEC, which is available through this link. Also, Director Christopher Perretta sold 10,000 shares of the business’s stock in a transaction dated Friday, December 12th. The stock was sold at an average price of $28.01, for a total transaction of $280,100.00. Following the sale, the director owned 40,866 shares in the company, valued at $1,144,656.66. This trade represents a 19.66% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. 3.82% of the stock is owned by corporate insiders.
Hedge Funds Weigh In On NetScout Systems
Several institutional investors have recently modified their holdings of NTCT. Advisory Services Network LLC acquired a new stake in shares of NetScout Systems during the 3rd quarter worth about $35,000. EverSource Wealth Advisors LLC raised its holdings in NetScout Systems by 1,936.4% during the second quarter. EverSource Wealth Advisors LLC now owns 2,016 shares of the technology company’s stock worth $50,000 after purchasing an additional 1,917 shares in the last quarter. Vestcor Inc acquired a new stake in NetScout Systems during the third quarter worth approximately $65,000. Northwestern Mutual Wealth Management Co. purchased a new stake in shares of NetScout Systems during the 2nd quarter worth approximately $76,000. Finally, Tower Research Capital LLC TRC boosted its holdings in shares of NetScout Systems by 277.2% in the 2nd quarter. Tower Research Capital LLC TRC now owns 7,171 shares of the technology company’s stock valued at $178,000 after buying an additional 5,270 shares in the last quarter. Institutional investors and hedge funds own 91.64% of the company’s stock.
About NetScout Systems
NetScout Systems, Inc is a leading provider of network performance management, service assurance and cybersecurity solutions. The company designs and delivers hardware and software platforms that capture and analyze real-time and historical packet data, enabling IT teams and service providers to monitor application performance, troubleshoot network issues and defend against distributed denial-of-service (DDoS) attacks. NetScout’s flagship offerings include the nGeniusONE service assurance platform and the InfiniStream packet broker, which together provide end-to-end visibility across hybrid and multi-cloud environments.
Founded in 1984 and headquartered in Westford, Massachusetts, NetScout has built a reputation for scalable and resilient monitoring infrastructure.
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