What analysts say:
- Buy, sell, or hold?: Analysts strongly back NetGear, with five of seven rating it a buy and the remainder rating it a hold. Analysts like NetGear better than competitor Arris Group overall. That rating hasn't budged in three months as analysts have remained steadfast in their opinion of the stock.
- Revenue Forecasts: On average, analysts predict $293.7 million in revenue this quarter. That would represent a rise of 24.5% from the year-ago quarter.
- Wall Street Earnings Expectations: The average analyst estimate is earnings of $0.57 per share. Estimates range from $0.56 to $0.58.
What our community says:
CAPS All-Stars are solidly backing the stock with 98.6% granting it an "outperform" rating. The community at large agrees with the All-Stars with 96.9% giving it a rating of "outperform." Fools have embraced NetGear and haven't been shy with their opinions lately, logging 638 posts in the past 30 days. Even with a robust four out of five stars, NetGear's CAPS rating falls a little short of the community's upbeat outlook.
NetGear's profit has risen year over year by an average of 69.5% over the past five quarters. The company's gross margin shrank by 4.5 percentage points in the last quarter. Revenue rose 48.6% while cost of sales rose 58.9% to $200.9 million from a year earlier.
One final thing: If you want to keep tabs on NetGear movements, and for more analysis on the company, make sure you add it to your watchlist.
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