RBC Capital analyst Matthew Hedberg maintained a Hold rating on Netscout Systems (NASDAQ:NTCT) on Thursday, setting a price target of $28, which is approximately 4.52% above the present share price of $26.79.
Hedberg expects Netscout Systems to post earnings per share (EPS) of $0.39 for the second quarter of 2021.
The current consensus among 1 TipRanks analysts is for a Hold rating of shares in Netscout Systems, with an average price target of $28.
The analysts price targets range from a high of $28 to a low of $28.
In its latest earnings report, released on 12/31/2020, the company reported a quarterly revenue of $228.74 million and a net profit of $31.77 million. The company's market cap is $1.97 billion.
According to TipRanks.com, RBC Capital analyst Matthew Hedberg is currently ranked with 5 stars on a 0-5 stars ranking scale, with an average return of 24.0% and a 62.89% success rate.
NetScout Systems , Inc. engages in the provision of application and network performance management solutions. Its integrated hardware and software solutions are used by commercial enterprises, governmental agencies and telecommunication service providers. The company was founded by Anil K. Singhal and Narendra Popat in June 1984 and is headquartered in Westford, MA.