Will NetApp Conquer Analyst Estimates in Fiscal 2Q18? Component 2 OF 6
Analysts expect NetApp’s income to rise 2.7% in fiscal 2018
Analysts expect NetApp’s (NTAP) revenues to rise 2.7% YoY (year-in excess of-year) to $5.7 billion in fiscal 2018 compared with its revenues of $5.5 billion in fiscal 2017. NetApp’s revenues are also expected to rise 2.1% in fiscal 2019 on a YoY foundation to $5.8 billion.
NetApp’s non-GAAP (usually recognized accounting principles) EPS (earnings per share) could rise 14% YoY in fiscal 2018 to $3.12 and 9% YoY to $3.40 in fiscal 2019. Analysts expect the revenues of storage companies this kind of as Western Digital (WDC), Seagate (STX), and Pure Storage (PSTG) to rise 5.8%, -7.1%, and 38.7%, respectively, in their subsequent fiscal years.
In the over chart, we can see that NetApp’s income has fallen YoY in between fiscal 2013 and fiscal 2017. Analysts expect NetApp to return to income growth in fiscal 2018.
In buy to offset difficult macro disorders and maximize shareholder benefit, NetApp has greater its dividend produce each and every year because 2014. NetApp has a dividend produce of $.20 per share per quarter, or an annualized payout of $.80 per share, which suggests a dividend produce of 1.7% and a dividend payout ratio of 32.1%.
NetApp’s dividend produce has risen at a CAGR (compounded annual growth price) of 35.1% because 2014. The company’s dividend produce has risen 7.2% because 2016. Western Digital (WDC), Seagate (STX), and IBM (IBM) have dividend yields of 2.3%, 6.7%, and 4%, respectively.