NetApp Inc. Earns High Rating from Multi-Factor Model

A report highlights that NetApp Inc. (NTAP) achieves a 93% rating under the Multi-Factor Investor model. This strong score indicates robust interest in the stock, driven by its fundamentals and valuation metrics.

Date: 25-10-2024

AI Rating: 7

The report indicates that NETAPP INC (NTAP) is regarded as a strong stock according to the Multi-Factor Investor model, scoring an impressive 93%. This rating suggests that NTAP showcases compelling fundamentals and valuations, leading to a high level of interest from investors.

Specifically, the report mentions that:

Market Cap: NTAP passes the market capitalization criterion, indicating it is a large-cap stock.
Standard Deviation: The stock also passes under standard deviation, which points to lower volatility and is appealing for risk-averse investors.
Twelve Minus One Momentum: This measure is marked as neutral, indicating it does not significantly impact the stock’s momentum positively or negatively.
Net Payout Yield: Marked as neutral as well, suggesting that the company's payouts do not deviate from average expectations.
Final Rank: NTAP receives a pass in the overall evaluation, pointing towards a holistic favorable outlook.

While detailed financial metrics such as Earnings Per Share (EPS), Revenue Growth, Net Income, Profit Margins, Free Cash Flow (FCF), and Return on Equity (ROE) are not explicitly mentioned in the report, the overall high rating indicates that NTAP likely maintains competitive performance in these areas based on the strong rating provided.

Given these factors, investors may find NTAP an attractive option due to its favorable risk profile and solid investor interest.

Stocks: NTAP