Legal & General Boosts Stake in NetScout Systems Inc Amidst Market Volatility
PorAinvest
sábado, 16 de agosto de 2025, 4:34 pm ET1 min de lectura
NTCT--
Despite the acquisition, NetScout's stock experienced a -9.67% price change, highlighting market volatility and potential risks. NetScout has a market capitalization of $1.61 billion and a PE ratio of 22.41, suggesting a stable financial position.
Analysts have updated their earnings model following NetScout's latest quarterly results, which showed revenues beating forecasts by 2.9% to hit $187m. Statutory earnings per share are forecast to crater 28% to $0.73 in 2026, compared to previous expectations of a loss [1].
The consensus price target fell 8.3% to $22.23, indicating that analysts are not fully reassured by the latest results. However, the analysts now expect NetScout to become profitable next year, compared to previous expectations of a loss [1].
NetScout's revenues are expected to improve, but the company is still expected to grow slower than the industry. The analysts expect revenues to be $839.1m in 2026, compared to the industry average of 8.6% annual growth [1].
Legal & General's increased stake in NetScout suggests confidence in the company's long-term prospects. However, investors should be aware of the market volatility and potential risks, as highlighted by the recent stock price change.
References:
[1] https://finance.yahoo.com/news/us-22-23-thats-analysts-130134094.html
Legal & General Group Plc increased its stake in NetScout Systems Inc by acquiring 91,248 shares at $24.81 per share on June 30, 2025. This transaction boosted Legal & General's total holdings in NetScout to 4,484,569 shares, representing 6.30% of its portfolio. Despite the acquisition, NetScout's stock experienced a -9.67% price change, highlighting market volatility and potential risks. NetScout has a market capitalization of $1.61 billion and a PE ratio of 22.41, suggesting a stable financial position.
Legal & General Group Plc recently increased its stake in NetScout Systems Inc. (NASDAQ:NTCT) by acquiring 91,248 shares at $24.81 per share on June 30, 2025. This transaction elevated Legal & General's total holdings in NetScout to 4,484,569 shares, representing 6.30% of its portfolio.Despite the acquisition, NetScout's stock experienced a -9.67% price change, highlighting market volatility and potential risks. NetScout has a market capitalization of $1.61 billion and a PE ratio of 22.41, suggesting a stable financial position.
Analysts have updated their earnings model following NetScout's latest quarterly results, which showed revenues beating forecasts by 2.9% to hit $187m. Statutory earnings per share are forecast to crater 28% to $0.73 in 2026, compared to previous expectations of a loss [1].
The consensus price target fell 8.3% to $22.23, indicating that analysts are not fully reassured by the latest results. However, the analysts now expect NetScout to become profitable next year, compared to previous expectations of a loss [1].
NetScout's revenues are expected to improve, but the company is still expected to grow slower than the industry. The analysts expect revenues to be $839.1m in 2026, compared to the industry average of 8.6% annual growth [1].
Legal & General's increased stake in NetScout suggests confidence in the company's long-term prospects. However, investors should be aware of the market volatility and potential risks, as highlighted by the recent stock price change.
References:
[1] https://finance.yahoo.com/news/us-22-23-thats-analysts-130134094.html
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