NetScout Systems (NASDAQ:NTCT) Announces FY 2027 Earnings Guidance

NetScout Systems (NASDAQ:NTCT) updated its FY 2027 earnings guidance on Thursday. The company provided earnings per share guidance of 2.650-2.800 for the period, compared to the consensus EPS estimate of 2.620. The company issued revenue guidance of $885.0 million-$915.0 million, compared to the consensus revenue estimate of $904.9 million.

Analyst Upgrades and Downgrades

NTCT has been the topic of several research reports. B. Riley Financial reaffirmed a “buy” rating and set a $50.00 price objective on shares of NetScout Systems in a research 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. Royal Bank Of Canada increased their target price on NetScout Systems from $38.00 to $43.00 and gave the stock a “sector perform” rating in a research report on Thursday, August 6th. Wall Street Zen upgraded NetScout Systems from a “buy” rating to a “strong-buy” rating in a research note on Saturday, August 8th. Finally, Zacks Research lowered NetScout Systems from a “strong-buy” rating to a “hold” rating in a research report on Thursday, October 8th. One equities research analyst has rated the stock with a Buy rating and three have given a Hold rating to the stock. According to MarketBeat.com, NetScout Systems has a consensus rating of “Hold” and an average target price of $46.50.

NetScout Systems Stock Performance

Shares of NTCT traded down $6.27 during mid-day trading on Thursday, reaching $31.83. The company had a trading volume of 1,089,949 shares, compared to its average volume of 596,457. The firm has a 50-day moving average price of $38.95 and a 200 day moving average price of $36.45. NetScout Systems has a 52 week low of $25.29 and a 52 week high of $45.28. The company has a market capitalization of $2.31 billion, a price-to-earnings ratio of 19.41 and a beta of 0.72.

NetScout Systems (NASDAQ:NTCT) last posted its quarterly earnings data on Thursday, November 5th. The technology company reported $0.71 earnings per share for the quarter, beating 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 return on equity of 9.25% and a net margin of 13.71%. The firm’s revenue for the quarter was up 1.4% on a year-over-year basis. During the same quarter last year, the company earned $0.62 EPS. NetScout Systems has set its FY 2027 guidance at 2.650-2.800 EPS. As a group, research analysts forecast that NetScout Systems will post 2.15 earnings per share for the current fiscal year.

Insider Activity

In other NetScout Systems news, COO Sanjay Munshi sold 2,269 shares of NetScout Systems stock in a transaction dated Monday, August 17th. The shares were sold at an average price of $39.27, for a total value of $89,103.63. Following the completion of the transaction, the chief operating officer directly owned 6,729 shares of the company’s stock, valued at approximately $264,247.83. The trade was a 25.22% decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, Director Michael Szabados sold 4,000 shares of NetScout Systems stock in a transaction dated 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 transaction, the director directly owned 41,654 shares of the company’s stock, valued at $1,570,355.80. This trade represents a 8.76% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. In the last quarter, insiders have sold 21,269 shares of company stock worth $813,184. 4.74% of the stock is currently owned by company insiders.

About NetScout Systems

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.