BWS Financial Downgrades Netgear to Neutral, Announces $30 Price Target
BWS Financial analyst Hamed Khorsand downgrades Netgear (NASDAQ:NTGR) from Buy to Neutral and announces $30 price target.
Raymond James Maintains Outperform on Netgear, Lowers Price Target to $36
Raymond James analyst Adam Tindle maintains Netgear (NASDAQ:NTGR) with a Outperform and lowers the price target from $42 to $36.
12 Information Technology Stocks Moving In Wednesday’s After-Market Session
Gainers
Wolfspeed (NYSE:WOLF) shares increased by 9.86% to $99.99 during Wednesday's after-market session. The company's market cap stands at $11.5 billion. As per the press release, Q1 earnings came out today.
Earnings Scheduled For October 27, 2021
Companies Reporting Before The Bell
• McDonald's (NYSE:MCD) is expected to report quarterly earnings at $2.46 per share on revenue of $6.03 billion.
Ceo Of Netgear Trades $1.44 Million In Company Stock
Cs Patrick Lo, CEO at Netgear (NASDAQ:NTGR), made a large buy and sell of company shares on September 1, according to a new SEC filing.
3 Stocks Insiders Are Selling
When insiders sell shares, it indicates their concern in the company's prospects or that they view the stock as being overpriced. Either way, this signals an opportunity to go short on the stock. Insider sales should not be taken as the only indicator for making an investment or trading decision. At best, it can lend conviction to a selling decision.
Recap: Netgear Q2 Earnings
Shares of Netgear (NASDAQ:NTGR) decreased in after-market trading after the company reported Q2 results.
Quarterly Results
Earnings per share were up 22.22% over the past year to $0.66, which missed the estimate of $0.71.
Netgear Q2 Adj. EPS $0.66 Misses $0.71 Estimate, Sales $308.80M Miss $314.84M Estimate
Netgear (NASDAQ:NTGR) reported quarterly earnings of $0.66 per share which missed the analyst consensus estimate of $0.71 by 7.04 percent. This is a 22.22 percent increase over earnings of $0.54 per share from the same