$ 209.71 million in sales expected for NetScout Systems, Inc. (NTCT) this quarter



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  NetScout Systems logo "title =" NetScout Systems logo "class =" companylogo "/> Analysts predict that NetScout Systems, Inc. (NASDAQ: NTCT) will publish $ 209.71 million in revenue for the current fiscal quarter, according to Zacks Investment Research Three analysts have estimated the profits of NetScout Systems between 207.92 million and 211.20 million, while NetScout Systems achieved a turnover of 228.85 million in the same quarter of last year, a negative growth rate of 8.4% .The company is expected to announce its next quarterly results before the market opens on Thursday, July 26. [19659002] According to Zacks, analysts expect NetScout Systems to announce sales of $ 997.11 million for the current fiscal year, with estimates for next year analysts expect that the company will show sales of 1.04 billion dollars per share, with estimates ranging from $ 1.04 billion to $ 1.05 billion. Zacks Investment Research's sales calculations are based on a survey of research analysts covering NetScout Systems. </p>
<p>  NetScout Systems (NASDAQ: NTCT) released its quarterly results on Thursday, May 3rd. The technology company reported earnings per share of $ 0.36 for the quarter, surpassing the consensus estimate of $ 0.35 per $ 0.01. NetScout Systems had a return on equity of 4.07% and a net margin of 8.06%. The company achieved a turnover of 238,50 million dollars for the quarter, against 254,42 million dollars for the analysts. In the same quarter last year, the company posted earnings per share of $ 0.65. The business turnover of the company is down 25.2% compared to the same quarter of last year. </p>
<p>  NTCT has been the subject of several reports by recent analysts. BidaskClub upgraded NetScout systems from a "strong sale" rating to a "sell" note in a report on Saturday, March 24. Zacks Investment Research lowered NetScout Systems from a "strong buy" rating to a "hold" rating in a report on Wednesday, April 4th. ValuEngine lowered NetScout Systems from a "hold" note to a "sell" note in a report on Saturday, June 2nd. Finally, DA Davidson reissued a hold note on NetScout Systems shares in a report on Monday, May 7th. One research analyst rated the stock with a sales rating, six assigned a holdback rating and two assigned a buy-to-action rating from the company. The company obtained a consensus rating of "Hold" and a consensus price target of $ 28.50 </p>
<p>  In addition, Jean A. Bua sold 5,000 shares of the fund in a transaction dated Thursday, May 17. The stock was sold at an average price of $ 27.22, for a total transaction of $ 136,100.00. As a result of the transaction, the insider now directly owns 57,602 shares of the Company, valued at approximately $ 1,567,926.44. The sale has been disclosed in a legal deposit with the SEC, which is accessible via this link. Insiders of the company own 3.51% of the shares of the company. </p>
<p>  Several hedge funds and other institutional investors have recently changed their position in the stock. Hartford Investment Management Co. bought a new position in NetScout Systems shares during the second quarter, valued at approximately $ 223,000. Nisa Investment Advisors LLC purchased a new position in NetScout Systems during the second quarter valued at approximately $ 6,624,000. Dynamic Technology Private Lab Ltd has bought a new position in NetScout Systems during the first quarter worth about $ 379,000. Principal Financial Group Inc. increased its position in NetScout Systems by 1.7% in the first quarter. Principal Financial Group Inc. now holds 378,332 shares in the technology business worth $ 9,969,000 after acquiring an additional 6,345 shares in the last quarter. Finally, Xact Kapitalforvaltning AB increased its position in NetScout Systems by 28.9% in the first quarter. Xact Kapitalforvaltning AB now holds 12,032 shares in the technology company worth $ 317,000 after acquiring 2,700 additional shares in the last quarter. </p>
<p>  NASDAQ: NTCT shares fell $ 0.30 on Monday to $ 30.90. The company's stock recorded a trading volume of 627,865 shares, against an average volume of 673,447 shares. NetScout Systems has a minimum of $ 23.15 in one year and $ 36.80 in one year. The stock has a market capitalization of $ 2.50 billion, a price / earnings ratio of 31.21, a PEG ratio of 3.34 and a beta of 1.50. The company has a quick ratio of 1.74, a current ratio of 1.82 and a debt ratio of 0.29. </p>
<p>  <strong> Company Profile NetScout Systems </strong> </p>
<p>  NetScout Systems, Inc. Provides Real-Time Operational Intelligence and Performance Analytics for Digital Commercial Services Against Availability, Performance, and Disruption and security in the United States, Europe and Asia, and internationally. The company offers nGeniusONE management software that allows customers to forecast, preempt, and resolve network and service delivery issues, as well as facilitate the optimization and capacity planning of their network infrastructure; and specialized platforms and analytics modules that enable its customers to analyze and troubleshoot traffic in radio access and Wi-Fi networks. </p>
<p>  Read more: Earnings per share <br /> <!--ViewCount:ArticleHistoryID=21676491&PostDate=2018-7-21&type=c&tertiary=1&id=431179--> <!--Keyword: NetScout Systems,NASDAQ:NTCT,NTCT,Computer and Technology,64115T10,Ratings,Consensus--> <!--Ratings:3,6,NASDAQ:NTCT--> </p>
<p>  Free Copy of Zacks Research Report on NetScout Systems (NTCT) </p>
<p>  For more information on Zacks Investment Research's research offerings, visit Zacks .com </p>
<p style=  History and Earnings Estimates for NetScout Systems (NASDAQ: NTCT)

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