Analysts See $0.19 EPS for NetScout Systems, Inc. (NTCT)

October 13, 2017 - By Darrin Black

 Analysts See $0.19 EPS for NetScout Systems, Inc. (NTCT)
Investors sentiment increased to 1.25 in 2017 Q2. Its up 0.02, from 1.23 in 2017Q1. It is positive, as 23 investors sold NetScout Systems, Inc. shares while 62 reduced holdings. 40 funds opened positions while 66 raised stakes. 94.96 million shares or 1.13% less from 96.05 million shares in 2017Q1 were reported.
Us Bank De stated it has 0% of its portfolio in NetScout Systems, Inc. (NASDAQ:NTCT). Cwm Limited Liability Com owns 998 shares. Tdam Usa holds 0.12% in NetScout Systems, Inc. (NASDAQ:NTCT) or 66,440 shares. Arrow Fincl Corp holds 398 shares or 0% of its portfolio. 368,160 were reported by Fred Alger Inc. X Mngmt Ltd reported 619 shares or 0% of all its holdings. Matarin Cap Mgmt Ltd Liability stated it has 22,490 shares. Commonwealth Of Pennsylvania School Empls Retrmt Systems owns 13,386 shares or 0.01% of their US portfolio. Swiss National Bank & Trust stated it has 0.01% in NetScout Systems, Inc. (NASDAQ:NTCT). Ameriprise, Minnesota-based fund reported 467,742 shares. Hussman Strategic Advsr has 50,000 shares for 0.38% of their portfolio. Rodgers Brothers Inc has invested 0.08% of its portfolio in NetScout Systems, Inc. (NASDAQ:NTCT). Ubs Asset Management Americas accumulated 0% or 52,519 shares. Tower Research Lc (Trc) reported 433 shares. Utd Cap Fincl Advisers Limited Com accumulated 71,602 shares.

Since May 10, 2017, it had 0 insider buys, and 3 insider sales for $401,957 activity. $34,600 worth of NetScout Systems, Inc. (NASDAQ:NTCT) shares were sold by DOWNING JOHN. 5,400 NetScout Systems, Inc. (NASDAQ:NTCT) shares with value of $193,727 were sold by DEMARINES VICTOR. 5,000 shares were sold by SZABADOS MICHAEL, worth $173,630 on Wednesday, May 10.

Analysts await NetScout Systems, Inc. (NASDAQ:NTCT) to report earnings on October, 26. They expect $0.19 EPS, down 38.71 % or $0.12 from last year’s $0.31 per share. NTCT’s profit will be $17.03M for 43.88 P/E if the $0.19 EPS becomes a reality. After $0.01 actual EPS reported by NetScout Systems, Inc. for the previous quarter, Wall Street now forecasts 1,800.00 % EPS growth. The stock increased 1.83% or $0.6 during the last trading session, reaching $33.35. About 749,929 shares traded or 3.51% up from the average. NetScout Systems, Inc. (NASDAQ:NTCT) has risen 51.24% since October 13, 2016 and is uptrending. It has outperformed by 34.54% the S&P500.

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

Among 5 analysts covering NetScout Systems (NASDAQ:NTCT), 1 have Buy rating, 0 Sell and 4 Hold. Therefore 20% are positive. NetScout Systems had 15 analyst reports since July 31, 2015 according to SRatingsIntel. On Thursday, January 19 the stock rating was downgraded by RBC Capital Markets to “Sector Perform”. The firm has “Hold” rating given on Sunday, October 8 by RBC Capital Markets. The rating was maintained by RBC Capital Markets on Sunday, September 3 with “Hold”. On Wednesday, July 19 the stock rating was maintained by RBC Capital Markets with “Hold”. RBC Capital Markets maintained the shares of NTCT in report on Tuesday, January 19 with “Outperform” rating. As per Thursday, July 27, the company rating was maintained by RBC Capital Markets. On Thursday, July 30 the stock rating was upgraded by Craig Hallum to “Buy”. The stock of NetScout Systems, Inc. (NASDAQ:NTCT) earned “Outperform” rating by RBC Capital Markets on Thursday, August 13. The rating was downgraded by Pacific Crest to “Sector Weight” on Monday, January 9. RBC Capital Markets reinitiated NetScout Systems, Inc. (NASDAQ:NTCT) on Tuesday, April 12 with “Outperform” rating.

NetScout Systems, Inc. provides operational intelligence and performance analytics for service assurance and cyber security solutions. The company has market cap of $2.99 billion. The Company’s solutions are used in various service provider, enterprise and government networks. It has a 174.42 P/E ratio. The Company’s nGenius and Infinistream technologies, along with certain product lines from the acquired businesses, enable information technology (IT) organizations to manage service delivery quality, and identify and address business service performance issues and security threats.

More news for NetScout Systems, Inc. (NASDAQ:NTCT) were recently published by: Businesswire.com, which released: “NETSCOUT Announces Second Wave of Packet Broker Disaggregation” on October 02, 2017. Businesswire.com‘s article titled: “NETSCOUT Announces New Performance Features in AirCheck G2” and published on October 03, 2017 is yet another important article.

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