Netscout Systems Stock Price To Sales
| NTCT Stock | USD 20.70 0.39 1.92% |
NetScout Systems fundamentals help investors to digest information that contributes to NetScout Systems' financial success or failures. It also enables traders to predict the movement of NetScout Stock. The fundamental analysis module provides a way to measure NetScout Systems' intrinsic value by examining its available economic and financial indicators, including the cash flow records, the balance sheet account changes, the income statement patterns, and various microeconomic indicators and financial ratios related to NetScout Systems stock.
| Last Reported | Projected for Next Year | ||
| Price To Sales Ratio | 1.88 | 2.86 |
NetScout | Price To Sales |
NetScout Systems Company Price To Sales Analysis
NetScout Systems' Price to Sales ratio is typically used for valuing equity relative to its own past performance as well as to performance of other companies or market indexes. In most cases, the lower the ratio, the better it is for investors. However, it is advisable for investors to exercise caution when looking at price-to-sales ratios across different industries.
Current NetScout Systems Price To Sales | 1.68 X |
Most of NetScout Systems' fundamental indicators, such as Price To Sales, are part of a valuation analysis module that helps investors searching for stocks that are currently trading at higher or lower prices than their real value. If the real value is higher than the market price, NetScout Systems is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
NetScout Price To Sales Driver Correlations
Understanding the fundamental principles of building solid financial models for NetScout Systems is extremely important. It helps to project a fair market value of NetScout Stock properly, considering its historical fundamentals such as Price To Sales. Since NetScout Systems' main accounts across its financial reports are all linked and dependent on each other, it is essential to analyze all possible correlations between related accounts. However, instead of reviewing all of NetScout Systems' historical financial statements, investors can examine the correlated drivers to determine its overall health. This can be effectively done using a conventional correlation matrix of NetScout Systems' interrelated accounts and indicators.
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NetScout Price To Sales Historical Pattern
Today, most investors in NetScout Systems Stock are looking for potential investment opportunities by analyzing not only static indicators but also various NetScout Systems' growth ratios. Consistent increases or drops in fundamental ratios usually indicate a possible pattern that can be successfully translated into profits. However, when comparing two companies, knowing each company's price to sales growth rates may not be enough to decide which company is a better investment. That's why investors frequently use a static breakdown of NetScout Systems price to sales as a starting point in their analysis.
NetScout Systems Price To Sales |
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The most critical factor to remember is that the price of equity takes a firm's debt into account, whereas the sales indicators do not consider financial leverage. Generally speaking, Price to Sales ratio shows how much market values every dollar of the company's sales.
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NetScout Price To Sales Ratio
Price To Sales Ratio |
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Based on the latest financial disclosure, NetScout Systems has a Price To Sales of 1.676 times. This is 64.86% lower than that of the Communications Equipment sector and significantly higher than that of the Information Technology industry. The price to sales for all United States stocks is 85.32% higher than that of the company.
NetScout Price To Sales Peer Comparison
Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses NetScout Systems' direct or indirect competition against its Price To Sales to detect undervalued stocks with similar characteristics or determine the stocks which would be a good addition to a portfolio. Peer analysis of NetScout Systems could also be used in its relative valuation, which is a method of valuing NetScout Systems by comparing valuation metrics of similar companies.NetScout Systems is currently under evaluation in price to sales category among related companies.
NetScout Systems ESG Sustainability
Some studies have found that companies with high sustainability scores are getting higher valuations than competitors with lower social-engagement activities. While most ESG disclosures are voluntary and do not directly affect the long term financial condition, NetScout Systems' sustainability indicators can be used to identify proper investment strategies using environmental, social, and governance scores that are crucial to NetScout Systems' managers, analysts, and investors.Environmental | Governance | Social |
NetScout Fundamentals
| Return On Equity | -0.0753 | ||||
| Return On Asset | 0.0137 | ||||
| Profit Margin | (0.18) % | ||||
| Operating Margin | 0.04 % | ||||
| Current Valuation | 1.2 B | ||||
| Shares Outstanding | 71.42 M | ||||
| Shares Owned By Insiders | 3.56 % | ||||
| Shares Owned By Institutions | 95.65 % | ||||
| Number Of Shares Shorted | 1.75 M | ||||
| Price To Earning | 55.49 X | ||||
| Price To Book | 0.73 X | ||||
| Price To Sales | 1.68 X | ||||
| Revenue | 829.46 M | ||||
| Gross Profit | 641.39 M | ||||
| EBITDA | 134.23 M | ||||
| Net Income | (147.73 M) | ||||
| Cash And Equivalents | 367.13 M | ||||
| Cash Per Share | 5.08 X | ||||
| Total Debt | 150.08 M | ||||
| Debt To Equity | 0.13 % | ||||
| Current Ratio | 1.46 X | ||||
| Book Value Per Share | 26.50 X | ||||
| Cash Flow From Operations | 58.81 M | ||||
| Short Ratio | 3.91 X | ||||
| Earnings Per Share | (2.06) X | ||||
| Price To Earnings To Growth | 1.57 X | ||||
| Target Price | 28.25 | ||||
| Number Of Employees | 2.27 K | ||||
| Beta | 0.66 | ||||
| Market Capitalization | 1.47 B | ||||
| Total Asset | 2.6 B | ||||
| Retained Earnings | 322.48 M | ||||
| Working Capital | 277.41 M | ||||
| Current Asset | 84.98 M | ||||
| Current Liabilities | 24.59 M | ||||
| Net Asset | 2.6 B |
About NetScout Systems Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze NetScout Systems's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of NetScout Systems using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of NetScout Systems based on its fundamental data. In general, a quantitative approach, as applied to this company, focuses on analyzing financial statements comparatively, whereas a qaualitative method uses data that is important to a company's growth but cannot be measured and presented in a numerical way.
Please read more on our fundamental analysis page.
Pair Trading with NetScout Systems
One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if NetScout Systems position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in NetScout Systems will appreciate offsetting losses from the drop in the long position's value.Moving together with NetScout Stock
| 0.63 | EBON | Ebang International | PairCorr |
Moving against NetScout Stock
| 0.62 | KULR | KULR Technology Group | PairCorr |
| 0.54 | WDC | Western Digital Earnings Call This Week | PairCorr |
| 0.46 | DM | Desktop Metal | PairCorr |
| 0.42 | FKWL | Franklin Wireless Corp | PairCorr |
The ability to find closely correlated positions to NetScout Systems could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace NetScout Systems when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back NetScout Systems - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling NetScout Systems to buy it.
The correlation of NetScout Systems is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as NetScout Systems moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if NetScout Systems moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for NetScout Systems can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.Check out NetScout Systems Piotroski F Score and NetScout Systems Altman Z Score analysis. For more information on how to buy NetScout Stock please use our How to Invest in NetScout Systems guide.Note that the NetScout Systems information on this page should be used as a complementary analysis to other NetScout Systems' statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try the Portfolio Anywhere module to track or share privately all of your investments from the convenience of any device.
Complementary Tools for NetScout Stock analysis
When running NetScout Systems' price analysis, check to measure NetScout Systems' market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy NetScout Systems is operating at the current time. Most of NetScout Systems' value examination focuses on studying past and present price action to predict the probability of NetScout Systems' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move NetScout Systems' price. Additionally, you may evaluate how the addition of NetScout Systems to your portfolios can decrease your overall portfolio volatility.
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Is NetScout Systems' industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of NetScout Systems. If investors know NetScout will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about NetScout Systems listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth 0.208 | Earnings Share (2.06) | Revenue Per Share 11.605 | Quarterly Revenue Growth (0.02) | Return On Assets 0.0137 |
The market value of NetScout Systems is measured differently than its book value, which is the value of NetScout that is recorded on the company's balance sheet. Investors also form their own opinion of NetScout Systems' value that differs from its market value or its book value, called intrinsic value, which is NetScout Systems' true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because NetScout Systems' market value can be influenced by many factors that don't directly affect NetScout Systems' underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between NetScout Systems' value and its price as these two are different measures arrived at by different means. Investors typically determine if NetScout Systems is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, NetScout Systems' price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.