Netscout Systems Stock Fair Value Calculation – NETSCOUT SYSTEMS Reports 1.1% Increase in Total Revenue for Q1 FY2024
August 10, 2023
☀️Earnings Overview
NETSCOUT SYSTEMS ($NASDAQ:NTCT) announced their earnings results for the first quarter of the 2024 fiscal year on July 27th 2023, showing total revenue of USD 211.1 million, a 1.1% increase from the corresponding period in 2023.
Analysis – Netscout Systems Stock Fair Value Calculation
GoodWhale conducted an analysis of NETSCOUT SYSTEMS‘ financials and determined that its fair value is approximately $31.6. This value was calculated using our proprietary Valuation Line. This presents a great opportunity for investors to purchase NETSCOUT SYSTEMS stock at a discounted rate. NETSCOUT SYSTEMS has a strong track record of performance and is well-positioned for future growth. Our analysis indicates that NETSCOUT SYSTEMS is an attractive investment option at the current share price, and we recommend that investors consider adding NETSCOUT SYSTEMS to their portfolio. More…
About the Company
Income Snapshot
Below shows the total revenue, net income and net margin for Netscout Systems. More…
| Total Revenues | Net Income | Net Margin |
| 916.86 | 62.58 | 6.8% |
Cash Flow Snapshot
Below shows the cash from operations, investing and financing for Netscout Systems. More…
| Operations | Investing | Financing |
| 156.65 | 15.3 | -419.43 |
Balance Sheet Snapshot
Below shows the total assets, liabilities and book value per share for Netscout Systems. More…
| Total Assets | Total Liabilities | Book Value Per Share |
| 2.73k | 699.39 | 28.51 |
Key Ratios Snapshot
Some of the financial key ratios for Netscout Systems are shown below. More…
| 3Y Rev Growth | 3Y Operating Profit Growth | Operating Margin |
| 1.0% | 39.5% | 9.0% |
| FCF Margin | ROE | ROA |
| 15.9% | 2.5% | 1.9% |
Peers
The company’s solutions enable customers to ensure optimal service delivery and secure their networks against sophisticated cyber threats. NetScout’s award-winning products are used by Fortune 500 companies and government agencies worldwide. Corero Network Security PLC, Allot Ltd, Hillstone Networks Co Ltd are all leading competitors in the network security and performance management market.
– Corero Network Security PLC ($LSE:CNS)
Corero Network Security PLC is a publicly traded company with a market capitalization of 49.85 million as of 2022. The company has a return on equity of 10.96%. Corero Network Security PLC is engaged in the business of providing network security solutions. The company’s products and services include network security products and services, malware detection and prevention products and services, and managed security services.
– Allot Ltd ($NASDAQ:ALLT)
Allot Ltd is a company that provides communications and internet services. The company has a market capitalization of 162.32 million as of 2022 and a return on equity of -8.76%. Allot Ltd offers a variety of services such as broadband, fixed-line, and mobile services. The company has a wide array of products and services that it offers to its customers. Allot Ltd is a publicly traded company and is listed on the NASDAQ Stock Exchange.
– Hillstone Networks Co Ltd ($SHSE:688030)
Hillstone Networks Co Ltd is a Chinese multinational networking and cybersecurity equipment company headquartered in Shanghai, China. It is a provider of network security solutions for enterprises, data centers, and service providers. The company has a market cap of 4B as of 2022 and a Return on Equity of 2.03%.
Summary
NetScout Systems released its first quarter of FY2024 earnings on July 27, 2023, reporting a total revenue of USD 211.1 million, a 1.1% increase from the same period in the prior year. Despite this revenue growth, the company reported a net income of USD -4.2 million, compared to -7.1 million the year before. On the day of this announcement, stock prices moved down in response to the less-than-expected earnings report.
Investors should take note of this news and consider NetScout’s performance ahead of making any investment decisions. They should also pay attention to the company’s future financial results and outlook in order to determine whether or not they should buy or sell shares of NetScout stock.
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