NetApp Inc (NTAP) Files 10-K for the Fiscal Year Ended on April 30, 2018

NetApp Inc (NTAP, Financial) files its latest 10-K with SEC for the fiscal year ended on April 30, 2018. NetApp Inc provides technology solutions. It is engaged in the design, manufacturing, marketing, and technical support of high-performance storage and data management solutions. Its core product offering icnlude data storage devices such as flash drives. NetApp Inc has a market cap of $20.87 billion; its shares were traded at around $77.89 with a P/E ratio of 338.65 and P/S ratio of 3.58. The dividend yield of NetApp Inc stocks is 1.03%. NetApp Inc had annual average EBITDA growth of 12.50% over the past ten years. GuruFocus rated NetApp Inc the business predictability rank of 2-star.

For the last quarter NetApp Inc reported a revenue of $1.6 billion, compared with the revenue of $1.5 billion during the same period a year ago. For the latest fiscal year the company reported a revenue of $5.9 billion, an increase of 7.1% from last year. For the last five years NetApp Inc had an average revenue decline of 2.4% a year.

The reported diluted earnings per share was 28 cents for the year, a decline of 84.5% from the previous year. Over the last five years NetApp Inc had an average EPS decline of 22.2% a year. The NetApp Inc had a decent operating margin of 15.34%, compared with the operating margin of 12.81% a year before. The 10-year historical median operating margin of NetApp Inc is 11.91%. The profitability rank of the company is 7 (out of 10).

At the end of the fiscal year, NetApp Inc has the cash and cash equivalents of $5.4 billion, compared with $2.4 billion in the previous year. The long term debt was $1.5 billion, compared with $744.0 million in the previous year. NetApp Inc has a financial strength rank of 6 (out of 10).

At the current stock price of $77.89, NetApp Inc is traded at 62.2% premium to its historical median P/S valuation band of $48.02. The P/S ratio of the stock is 3.58, while the historical median P/S ratio is 2.22. The intrinsic value of the stock is $2.46 a share, according to GuruFocus DCF Calculator. The stock gained 107.98% during the past 12 months.

CEO Recent Trades:

  • CEO George Kurian sold 6,000 shares of NTAP stock on 06/01/2018 at the average price of $68.36. The price of the stock has increased by 13.94% since.
  • CEO George Kurian sold 30,253 shares of NTAP stock on 05/22/2018 at the average price of $67.52. The price of the stock has increased by 15.36% since.

Directors and Officers Recent Trades:

  • EVP, Go To Market Henri P Richard sold 2,525 shares of NTAP stock on 06/18/2018 at the average price of $77.89. The price of the stock has decreased by 0% since.
  • Director Gerald Held sold 4,500 shares of NTAP stock on 06/18/2018 at the average price of $77.76. The price of the stock has increased by 0.17% since.
  • Director Kathryn Hill sold 26,997 shares of NTAP stock on 06/13/2018 at the average price of $76.02. The price of the stock has increased by 2.46% since.
  • Exec VP, Product Operations Joel D Reich sold 12,000 shares of NTAP stock on 06/06/2018 at the average price of $73.13. The price of the stock has increased by 6.51% since.
  • Director Gerald Held sold 4,000 shares of NTAP stock on 06/06/2018 at the average price of $73.99. The price of the stock has increased by 5.27% since.

For the complete 20-year historical financial data of NTAP, click here.