NetScout Systems (NASDAQ:NTCT) Stock Rating Cut to Hold at Wall Street Zen

Wall Street Zen downgraded shares of NetScout Systems (NASDAQ:NTCT) from a strong-buy rating to a hold rating in a research report report published on Saturday morning,Wall Street Zen reports.

A number of other analysts have also commented on NTCT. Zacks Research lowered NetScout Systems from a “strong-buy” rating to a “hold” rating in a report on Thursday, October 8th. B. Riley Financial reaffirmed a “buy” rating and set a $50.00 price target on shares of NetScout Systems in a report on Sunday, August 9th. after the company reported F1Q27 results. Weiss Ratings raised NetScout Systems from a “hold (c)” rating to a “hold (c+)” rating in a research report on Thursday, October 8th. Finally, Royal Bank Of Canada reduced their price objective on NetScout Systems from $43.00 to $35.00 and set a “sector perform” rating for the company in a report on Friday. One research analyst has rated the stock with a Buy rating and three have given a Hold rating to the stock. According to MarketBeat, the company presently has a consensus rating of “Hold” and an average price target of $42.50.

NetScout Systems Stock Down 1.0%

NASDAQ:NTCT opened at $31.51 on Friday. The stock has a market cap of $2.29 billion, a price-to-earnings ratio of 17.90 and a beta of 0.72. The company’s 50 day moving average price is $38.66 and its 200-day moving average price is $36.49. NetScout Systems has a 52 week low of $25.29 and a 52 week high of $45.28.

NetScout Systems (NASDAQ:NTCT) last announced its quarterly earnings data on Thursday, November 5th. The technology company reported $0.71 earnings per share for the quarter, topping analysts’ consensus estimates of $0.66 by $0.05. The company had revenue of $222.19 million during the quarter, compared to analyst estimates of $218.77 million. NetScout Systems had a net margin of 14.62% and a return on equity of 9.63%. The firm’s revenue for the quarter was up 1.4% on a year-over-year basis. During the same period in the previous year, the business earned $0.62 EPS. NetScout Systems has set its FY 2027 guidance at 2.650-2.800 EPS. As a group, sell-side analysts anticipate that NetScout Systems will post 2.15 earnings per share for the current year.

Insider Activity at NetScout Systems

In related news, Director Christopher Perretta sold 7,000 shares of the stock in a transaction that occurred on Friday, September 11th. The shares were sold at an average price of $38.00, for a total transaction of $266,000.00. Following the transaction, the director owned 40,866 shares in the company, valued at $1,552,908. This represents a 14.62% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at the SEC website. 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 completion of the sale, the director owned 41,654 shares in the company, valued at $1,570,355.80. This represents a 8.76% decrease in their position. The SEC filing for this sale provides additional information. Insiders sold 21,269 shares of company stock valued at $813,184 over the last ninety days. Company insiders own 4.74% of the company’s stock.

Hedge Funds Weigh In On NetScout Systems

Several hedge funds and other institutional investors have recently modified their holdings of the company. Ashton Thomas Private Wealth LLC raised its position in NetScout Systems by 2.7% in the 3rd quarter. Ashton Thomas Private Wealth LLC now owns 11,632 shares of the technology company’s stock worth $467,000 after purchasing an additional 302 shares during the period. GAMMA Investing LLC lifted its stake in NetScout Systems by 20.7% in the third quarter. GAMMA Investing LLC now owns 1,768 shares of the technology company’s stock worth $71,000 after purchasing an additional 303 shares during the last quarter. Signaturefd LLC boosted its position in shares of NetScout Systems by 111.8% during the third quarter. Signaturefd LLC now owns 754 shares of the technology company’s stock valued at $30,000 after buying an additional 398 shares during the period. Vise Technologies Inc. boosted its position in shares of NetScout Systems by 10.0% during the third quarter. Vise Technologies Inc. now owns 6,071 shares of the technology company’s stock valued at $244,000 after buying an additional 551 shares during the period. Finally, PNC Financial Services Group Inc. grew its stake in shares of NetScout Systems by 16.8% during the first quarter. PNC Financial Services Group Inc. now owns 4,364 shares of the technology company’s stock valued at $139,000 after buying an additional 628 shares during the last quarter. 91.64% of the stock is owned by institutional investors.

Trending Headlines about NetScout Systems

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

• Positive Sentiment: Fiscal Q2 2027 adjusted EPS was $0.71, beating the $0.66 consensus and rising from $0.62 a year earlier. Revenue of $222.19 million also topped estimates of $218.77 million. Zacks earnings report
• Neutral Sentiment: NetScout maintained fiscal 2027 EPS guidance of $2.65–$2.80, above the $2.62 consensus. Revenue guidance of $885 million–$915 million brackets analysts’ $904.9 million estimate, while its midpoint is slightly below that forecast.
• Negative Sentiment: RBC cut its price target to $35 from $43 and kept a “sector perform” rating. The new target still implies about 11.1% upside from the cited $31.51 share price, but the sizable reduction may weigh on sentiment. RBC ratings information
• Negative Sentiment: Despite the quarterly beats, revenue increased just 1.4% year over year, suggesting modest growth and potentially limiting enthusiasm about the results.

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.