Analysts See $0.56 EPS for NetScout Systems, Inc. (NTCT)

January 21, 2018 - By Darrin Black

 Analysts See $0.56 EPS for NetScout Systems, Inc. (NTCT)
Investors sentiment decreased to 1.06 in Q3 2017. Its down 0.19, from 1.25 in 2017Q2. It worsened, as 23 investors sold NetScout Systems, Inc. shares while 63 reduced holdings. 31 funds opened positions while 60 raised stakes. 94.23 million shares or 0.77% less from 94.96 million shares in 2017Q2 were reported.
Loomis Sayles L P holds 0% or 253 shares in its portfolio. Cs Mckee Limited Partnership holds 0.06% or 25,700 shares in its portfolio. Moreover, Creative Planning has 0% invested in NetScout Systems, Inc. (NASDAQ:NTCT) for 31,924 shares. 233,575 are held by Tiaa Cref. First Quadrant L P Ca, California-based fund reported 106,335 shares. North Star Asset Management Inc owns 199,029 shares. Teacher Retirement Systems Of Texas invested 0% of its portfolio in NetScout Systems, Inc. (NASDAQ:NTCT). Public Employees Retirement Of Ohio has invested 0% in NetScout Systems, Inc. (NASDAQ:NTCT). Qs Invsts Ltd Liability Co stated it has 17 shares. Strs Ohio holds 0% in NetScout Systems, Inc. (NASDAQ:NTCT) or 11,100 shares. Atlantic Tru Grp Ltd Com reported 0.7% stake. Envestnet Asset Mgmt Inc accumulated 409 shares. Retail Bank Of Montreal Can holds 5,346 shares or 0% of its portfolio. 6.92 million are held by Brown Capital Mngmt Ltd Liability Com. Kohlberg Kravis Roberts & Co L P reported 1.55M shares.

Since August 1, 2017, it had 0 buys, and 2 insider sales for $1.32 million activity. The insider SZABADOS MICHAEL sold $172,993.

Analysts expect NetScout Systems, Inc. (NASDAQ:NTCT) to report $0.56 EPS on January, 30.They anticipate $0.03 EPS change or 5.66 % from last quarter’s $0.53 EPS. NTCT’s profit would be $48.80 million giving it 12.05 P/E if the $0.56 EPS is correct. After having $0.20 EPS previously, NetScout Systems, Inc.’s analysts see 180.00 % EPS growth. The stock increased 0.84% or $0.23 during the last trading session, reaching $27. About 1.33 million shares traded or 6.16% up from the average. NetScout Systems, Inc. (NASDAQ:NTCT) has risen 51.24% since January 21, 2017 and is uptrending. It has outperformed by 34.54% the S&P500.

NetScout Systems, Inc. (NASDAQ:NTCT) Ratings Coverage

Among 13 analysts covering NetScout Systems (NASDAQ:NTCT), 5 have Buy rating, 0 Sell and 8 Hold. Therefore 38% are positive. NetScout Systems had 24 analyst reports since July 31, 2015 according to SRatingsIntel. The stock has “Outperform” rating by RBC Capital Markets on Thursday, August 13. DA Davidson downgraded the stock to “Neutral” rating in Wednesday, January 10 report. The firm earned “Outperform” rating on Tuesday, April 12 by RBC Capital Markets. The rating was upgraded by Sterne Agee CRT to “Buy” on Friday, July 31. Needham downgraded the stock to “Hold” rating in Friday, January 29 report. Piper Jaffray maintained the stock with “Buy” rating in Wednesday, January 10 report. RBC Capital Markets maintained NetScout Systems, Inc. (NASDAQ:NTCT) on Sunday, October 8 with “Hold” rating. The rating was downgraded by Pacific Crest on Monday, January 9 to “Sector Weight”. The rating was maintained by RBC Capital Markets on Sunday, September 3 with “Hold”. The company was maintained on Thursday, July 27 by RBC Capital Markets.

NetScout Systems, Inc. provides real-time operational intelligence and performance analytics for service assurance, and cybersecurity solutions in the United States, Europe, Asia, and internationally. The company has market cap of $2.35 billion. The firm offers nGeniusONE management software that enables clients 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 clients to analyze and troubleshoot traffic in radio access and WiFi networks, as well as gain timely insight into services, applications, and systems. It has a 148.35 P/E ratio. It also provides Intelligent Data Sources under the Infinistream brand name that provide real-time collection and analysis of data from the network; packet flow switching solutions that delivers targeted network traffic access to an increasing number of monitoring and security systems; and a suite of test access points that enable non-disruptive access to network traffic with multiple link type and speed options.

More notable recent NetScout Systems, Inc. (NASDAQ:NTCT) news were published by: Reuters.com which released: “BRIEF-Netscout Systems Enters Into Amendment And Restatement Of Credit Agreement” on January 18, 2018, also Businesswire.com with their article: “NETSCOUT SYSTEMS Reports Preliminary Financial Results for Third Quarter …” published on January 10, 2018, Zacks.com published: “NetScout Systems (NTCT) in Focus: Stock Moves 6.2% Higher January 15, 2018” on January 15, 2018. More interesting news about NetScout Systems, Inc. (NASDAQ:NTCT) were released by: Seekingalpha.com and their article: “Keep Avoiding NetScout” published on January 12, 2018 as well as Fool.com‘s news article titled: “Why NetScout Systems Inc. Stock Dropped Today” with publication date: January 10, 2018.

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