B. Riley started coverage on shares of NetScout Systems (NASDAQ:NTCT – Free Report) in a research report report published on Tuesday, MarketBeat reports. The firm issued a buy rating and a $33.00 price objective on the technology company’s stock. B. Riley also issued estimates for NetScout Systems’ Q2 2026 earnings at $0.30 EPS, Q3 2026 earnings at $0.80 EPS, Q4 2026 earnings at $0.45 EPS, Q2 2027 earnings at $0.37 EPS, Q3 2027 earnings at $0.79 EPS, Q4 2027 earnings at $0.46 EPS and FY2027 earnings at $1.77 EPS.
NetScout Systems Stock Up 1.3%
Shares of NetScout Systems stock opened at $25.08 on Tuesday. The stock has a market capitalization of $1.80 billion, a P/E ratio of 25.08 and a beta of 0.65. The company has a 50-day simple moving average of $23.03 and a 200 day simple moving average of $22.38. NetScout Systems has a 12-month low of $18.12 and a 12-month high of $27.89.
NetScout Systems (NASDAQ:NTCT – Get Free Report) last announced its earnings results on Thursday, August 7th. The technology company reported $0.34 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.29 by $0.05. The business had revenue of $186.75 million during the quarter, compared to analysts’ expectations of $181.50 million. NetScout Systems had a net margin of 8.72% and a return on equity of 7.47%. The firm’s revenue for the quarter was up 6.9% on a year-over-year basis. During the same quarter last year, the company posted $0.28 EPS. NetScout Systems has set its FY 2026 guidance at 2.250-2.40 EPS. On average, equities analysts anticipate that NetScout Systems will post 1.5 earnings per share for the current year.
Insider Buying and Selling
Institutional Investors Weigh In On NetScout Systems
Hedge funds and other institutional investors have recently added to or reduced their stakes in the stock. Wealth Enhancement Advisory Services LLC acquired a new stake in NetScout Systems in the 1st quarter valued at about $216,000. SG Americas Securities LLC increased its position in NetScout Systems by 94.6% in the 1st quarter. SG Americas Securities LLC now owns 31,759 shares of the technology company’s stock valued at $667,000 after acquiring an additional 15,443 shares in the last quarter. Captrust Financial Advisors increased its position in NetScout Systems by 4.3% in the 4th quarter. Captrust Financial Advisors now owns 24,210 shares of the technology company’s stock valued at $524,000 after acquiring an additional 993 shares in the last quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. increased its position in NetScout Systems by 3.9% in the 4th quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 39,341 shares of the technology company’s stock valued at $852,000 after acquiring an additional 1,481 shares in the last quarter. Finally, GAMMA Investing LLC increased its position in NetScout Systems by 1,658.0% in the 1st quarter. GAMMA Investing LLC now owns 18,195 shares of the technology company’s stock valued at $382,000 after acquiring an additional 17,160 shares in the last quarter. Institutional investors and hedge funds own 91.64% of the company’s stock.
NetScout Systems Company Profile
NetScout Systems, Inc provides service assurance and cybersecurity solutions for protect digital business services against disruptions in the United States, Europe, Asia, and internationally. The company offers nGeniusONE management software that enables customers 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 customers to analyze and troubleshoot traffic in radio access and Wi-Fi networks.
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