NetApp, Inc. (NASDAQ:NTAP) Median Sales Estimate At $1361.75


The EPS projection of NetApp, Inc. (NASDAQ:NTAP) for quarter ended 2016-10-31 is $0.34. Last week, the EPS forecast was $0.34 against target of $0.34, a month earlier. Two months ago, this estimate was $0.34 versus forecast of $0.34 three months earlier, implying a deviation of 0%.

NetApp, Inc. (NASDAQ:NTAP) stated that 18 days ago, its stock price was positively revised 0 times while negative revisions were 5.

In last week, the experts lowered EPS 0 times and increased EPS 0 times. In last 30, 120, 60 and 90 days, the experts upped revisions 0 , 0, 0, and 0, correspondingly.

EPS estimate downgrade for NetApp, Inc. (NASDAQ:NTAP) in the preceding 30, 120, 60 and 90 days were 0, 5, 5, and 5, correspondingly.

Earnings Surprises

NetApp, Inc. (NASDAQ:NTAP) EPS target for the quarter closed 4 was $0.34, based on 12 recommendations. As reported on 2016-05-25 the EPS was $0.36. The change was $-0.04, implying a percentage deviation of -10%. The projections showed a standard deviation of 0.01.

Quarterly Sales Estimates

NetApp, Inc. (NASDAQ:NTAP) yearly sales prediction for the fiscal 2018 stands at $1361 and the median estimate is at $1361.75. Almost 4 analysts issued sales target.

Highest sales target is $1413 while the lowest target is $1307.5 showing standard deviation of 43.38%.

As many as 4 analysts have sales targets revised upside while 4 reduced sales estimates, implying a deviation of 0%.

Last month, 4 revised sales number projection on upside while 4 lowered the sales projections, implying a deviation of 0%.

A quarter ago, 4 hiked sales target and 4 reduced sales forecast. NetApp, Inc. (NASDAQ:NTAP) announced that the deviation in forecast was -5.313%.

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