28-Mar-2024
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NETGEAR Unveils the Ultimate Tri-band WiFi 7 Access Point WBE750 for Heavily Connected Businesses
Business Wire (Thu, 14-Mar 8:30 AM ET)
Business Wire (Tue, 12-Mar 8:30 AM ET)
NETGEAR Announces Inducement Grants Under NASDAQ Listing Rule 5635(c)(4)
Business Wire (Wed, 28-Feb 4:05 PM ET)
NETGEAR and Panasonic Enter Interoperability Partnership for SMPTE ST 2110 Testing and Compatibility
Business Wire (Tue, 13-Feb 8:30 AM ET)
NETGEAR Reports Fourth Quarter and Full Year 2023 Results
Business Wire (Wed, 7-Feb 4:05 PM ET)
NETGEAR Appoints Technology Leader Charles (CJ) Prober as New CEO
Business Wire (Wed, 31-Jan 4:06 PM ET)
NETGEAR Provides Preliminary Fourth Quarter Financial Results
Business Wire (Wed, 31-Jan 4:05 PM ET)
NETGEAR Schedules Fourth Quarter and Full Year 2023 Results Conference Call
Business Wire (Thu, 18-Jan 9:00 AM ET)
Netgear Inc is a provider of networking solutions. The reportable segments of the company are connected home, and Small and Medium Businesses (SMB). The Connected Home segment focuses on consumers and consists of high-performance, dependable, and easy-to-use 4G/5G mobile, Wi-Fi internet networking solutions, and smart devices such as Orbi Voice smart speakers and Meural digital canvas; and NETGEAR specializes in providing networking solutions for businesses, including wireless LAN, Pro AV applications for audio and video over Ethernet, security, and remote management.
Netgear trades on the NASDAQ stock market under the symbol NTGR.
As of March 28, 2024, NTGR stock price declined to $15.77 with 181,203 million shares trading.
NTGR has a beta of 0.28, meaning it tends to be less sensitive to market movements. NTGR has a correlation of 0.01 to the broad based SPY ETF.
NTGR has a market cap of $467.76 million. This is considered a Small Cap stock.
Last quarter Netgear reported $189 million in Revenue and $.09 earnings per share. This beat revenue expectation by $4 million and exceeded earnings estimates by $.05.
In the last 3 years, NTGR stock traded as high as $43.57 and as low as $10.40.
The top ETF exchange traded funds that NTGR belongs to (by Net Assets): VTI, IWM, VGT, VXF, FNDA.
NTGR has underperformed the market in the last year with a return of -10.3%, while the SPY ETF gained +33.6%. In the last 3 month period, NTGR fell short of the market, returning +5.6%, while SPY returned +10.1%. However, in the most recent 2 weeks NTGR has outperformed the stock market by returning +6.7%, while SPY returned +1.7%.
NTGR support price is $15.57 and resistance is $16.10 (based on 1 day standard deviation move). This means that using the most recent 20 day stock volatility and applying a one standard deviation move around the stock's closing price, stastically there is a 67% probability that NTGR stock will trade within this expected range on the day.