How to buy NetApp (NTAP) shares in Australia

Learn how to easily invest in NetApp shares.

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NetApp Inc (NTAP) is a leading computer hardware business with stocks listed in the US. It opened the day at US$83.4 after a previous close of US$83.52. During the day the price has varied from a low of USD82.57 to a high of USD83.63. The latest price was USD83.59 (25 minute delay). NetApp is listed on the NASDAQ. All prices are listed in US Dollars.

How to buy shares in NetApp

  1. Compare share trading platforms. To buy shares in a US company from Australia you'll need to find a trading platform that offers access to US stock markets. If you're just starting out, look for a platform with low brokerage and foreign exchange fees.
  2. Open and fund your brokerage account. Complete an application with your personal and financial details, like your ID and tax file number. Fund your account with a bank transfer, credit card or debit card.
  3. Search for NetApp. Find the share by name or ticker symbol: NTAP. Research its history to confirm it's a solid investment against your financial goals.
  4. Purchase now or later. Buy today with a market order or use a limit order to delay your purchase until NetApp reaches your desired price. To spread out your risk, look into dollar-cost averaging, which smooths out buying at consistent intervals and amounts.
  5. Decide on how many to buy. At last close price of US$83.52, weigh your budget against a diversified portfolio that can minimise risk through the market's ups and downs. You may be able to buy a fractional share of NetApp, depending on your broker.
  6. Check in on your investment. Congratulations, you own a part of NetApp. Optimise your portfolio by tracking how your stock — and even the business — performs with an eye on the long term. You may be eligible for dividends and shareholder voting rights on directors and management that can affect your stock.

NetApp stock price (NASDAQ:NTAP)

Use our graph to track the performance of NTAP stocks over time.

NetApp shares at a glance

Information last updated 2021-06-16.
OpenUS$83.4
HighUS$83.63
LowUS$82.57
CloseUS$83.59
Previous closeUS$83.52
Change US$0.07
Change % 0.0838%
Volume 257,767
Information last updated 2021-11-28.
52-week rangeUS$51.0093 - US$94.69
50-day moving average US$90.3812
200-day moving average US$80.9069
Target priceUS$95.75
PE ratio 23.5583
Dividend yield US$1.94 (2.16%)
Earnings per share (TTM) US$3.749

Where to buy NetApp stock

Name Product Standard brokerage for US shares Currency conversion fee Markets
eToro (global stocks)
US$0
50 pips (US$0.50 for every AU$100 exchanged)
Global shares, US shares, ETFs
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IG Share Trading
US$0
0.70%
ASX shares, Global shares
$0 brokerage for US and global shares plus get an active trader discount of $5 commission on Australian shares.
Enjoy some of the lowest brokerage fees on the market when trading Australian shares, international shares, plus get access to 24-hour customer support.
Superhero share trading
US$0
50 pips (US$0.50 for every AU$100 exchanged)
ASX shares, US shares
Earn up to 15,000 Qantas frequent flyer points when you transfer an exisiting balance or trade. Offer valid for all new and existing Superhero members until 28 February.
Pay zero brokerage on US stocks and all ETFs and just $5 (flat fee) to trade Australian shares from your mobile or desktop.
Saxo Capital Markets (Classic account)
US$4
1%
ASX shares, Global shares, ETFs
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Low fees for Australian and global share trading, no inactivity fees, low currency conversion fee and optimised for mobile.
CommSec Share Trading Account
US$19.95
0.60%
ASX shares, Global shares, Options trading, ETFs
Trade with Australia's largest online stockbroking firm.
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The value of your investments can fall as well as rise and you may get back less than you invested. Past performance is no indication of future results.

Is it a good time to buy NetApp stock?

The technical analysis gauge below displays real-time ratings for the timeframes you select. This is not a recommendation, however. It represents a technical analysis based on the most popular technical indicators: Moving Averages, Oscillators and Pivots. Finder might not concur and takes no responsibility.

NetApp share growth calculator

US$

Use the fields above to explore the returns from a historical investment. Please refer to the charts further up this page to see performance over 5 years, or other periods. Past performance doesn't indicate future results. Capital is at risk.

Considering buying NetApp shares?

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NetApp price performance over time

Historical closes compared with the last close of $83.59

1 week (2021-11-26) -5.36%
1 month (2021-11-02) -7.39%
3 months (2021-09-03) -8.49%
6 months (2021-06-03) 6.24%
1 year (2020-12-03) 42.91%
2 years (2019-12-02) 40.68%
3 years (2018-11-30) 25.00%
5 years (2016-12-02) 132.45%

Is NetApp under- or over-valued?

Valuing NetApp stock is incredibly difficult, and any metric has to be viewed as part of a bigger picture of NetApp's overall performance. However, analysts commonly use some key metrics to help gauge the value of a stock.

NetApp's P/E ratio

NetApp's current share price divided by its per-share earnings (EPS) over a 12-month period gives a "trailing price/earnings ratio" of roughly 24x. In other words, NetApp shares trade at around 24x recent earnings.

That's relatively low compared to, say, the trailing 12-month P/E ratio for the NASDAQ 100 at the end of 2019 (27.29). The low P/E ratio could mean that investors are pessimistic about the outlook for the shares or simply that they're under-valued.

NetApp's PEG ratio

NetApp's "price/earnings-to-growth ratio" can be calculated by dividing its P/E ratio by its growth – to give 1.376. A low ratio can be interpreted as meaning the shares offer better value, while a higher ratio can be interpreted as meaning the shares offer worse value.

The PEG ratio provides a broader view than just the P/E ratio, as it gives more insight into NetApp's future profitability. By accounting for growth, it could also help you if you're comparing the share prices of multiple high-growth companies.

NetApp's EBITDA

NetApp's EBITDA (earnings before interest, taxes, depreciation and amortisation) is US$1.2 billion (£0.0 million).

The EBITDA is a measure of a NetApp's overall financial performance and is widely used to measure a its profitability.

NetApp financials

Revenue TTM US$5.9 billion
Operating margin TTM 17.99%
Gross profit TTM US$3.8 billion
Return on assets TTM 7.55%
Return on equity TTM 170.32%
Profit margin 14.49%
Book value 3.214
Market capitalisation US$19.8 billion

TTM: trailing 12 months

NetApp's environmental, social and governance track record

Environmental, social and governance (known as ESG) criteria are a set of three factors used to measure the sustainability and social impact of companies like NetApp.

When it comes to ESG scores, lower is better, and lower scores are generally associated with lower risk for would-be investors.

NetApp's total ESG risk score

Total ESG risk: 24.49

Socially conscious investors use ESG scores to screen how an investment aligns with their worldview, and NetApp's overall score of 24.49 (as at 12/31/2018) is pretty good – landing it in it in the 28th percentile of companies rated in the same sector.

ESG scores are increasingly used to estimate the level of risk a company like NetApp is exposed to within the areas of "environmental" (carbon footprint, resource use etc.), "social" (health and safety, human rights etc.), and "governance" (anti-corruption, tax transparency etc.).

NetApp's environmental score

Environmental score: 8.18/100

NetApp's environmental score of 8.18 puts it squarely in the 9th percentile of companies rated in the same sector. This could suggest that NetApp is a leader in its sector terms of its environmental impact, and exposed to a lower level of risk.

NetApp's social score

Social score: 17.4/100

NetApp's social score of 17.4 puts it squarely in the 9th percentile of companies rated in the same sector. This could suggest that NetApp is a leader in its sector when it comes to taking good care of its workforce and the communities it impacts.

NetApp's governance score

Governance score: 14.42/100

NetApp's governance score puts it squarely in the 9th percentile of companies rated in the same sector. That could suggest that NetApp is a leader in its sector when it comes to responsible management and strategy, and exposed to a lower level of risk.

Environmental, social, and governance (ESG) summary

NetApp Inc was last rated for ESG on: 2019-01-01.

Total ESG score 24.49
Total ESG percentile 28.1
Environmental score 8.18
Environmental score percentile 9
Social score 17.4
Social score percentile 9
Governance score 14.42
Governance score percentile 9

NetApp share dividends

44%

Dividend payout ratio: 43.85% of net profits

Recently NetApp has paid out, on average, around 43.85% of net profits as dividends. That has enabled analysts to estimate a "forward annual dividend yield" of 2.26% of the current stock value. This means that over a year, based on recent payouts (which are sadly no guarantee of future payouts), NetApp shareholders could enjoy a 2.26% return on their shares, in the form of dividend payments. In NetApp's case, that would currently equate to about $1.94 per share.

While NetApp's payout ratio might seem fairly standard, it's worth remembering that NetApp may be investing much of the rest of its net profits in future growth.

NetApp's most recent dividend payout was on 26 October 2021. The latest dividend was paid out to all shareholders who bought their shares by 6 October 2021 (the "ex-dividend date").

Have NetApp's shares ever split?

NetApp's shares were split on a 2:1 basis on 22 March 2000. So if you had owned 1 share the day before before the split, the next day you'd have owned 2 shares. This wouldn't directly have changed the overall worth of your NetApp shares – just the quantity. However, indirectly, the new 50% lower share price could have impacted the market appetite for NetApp shares which in turn could have impacted NetApp's share price.

NetApp share price volatility

Over the last 12 months, NetApp's shares have ranged in value from as little as US$51.0093 up to US$94.69. A popular way to gauge a stock's volatility is its "beta".

NTAP.US volatility(beta: 1.21)Avg. volatility(beta: 1.00)LowHigh

Beta is a measure of a share's volatility in relation to the market. The market (NASDAQ average) beta is 1, while NetApp's is 1.2145. This would suggest that NetApp's shares are a little bit more volatile than the average for this exchange and represent, relatively-speaking, a slightly higher risk (but potentially also market-beating returns).

NetApp overview

NetApp, Inc. provides software, systems, and cloud services to manage and share data on-premises, and private and public clouds worldwide. The company offers cloud storage services, including NetApp Cloud Volumes; cloud control solutions, such as NetApp Cloud Manager and NetApp Virtual Desktop Service; cloud services and analytics comprising NetApp Cloud Insights, NetApp Cloud Sync, NetApp Cloud Compliance, NetApp Cloud Tiering, NetApp SaaS Backup, NetApp Cloud Backup, and NetApp Global File Cache; and Cloud Optimization solutions, such as Spot by NetApp, Spot Cloud Analyzer by NetApp, Spot Eco by NetApp, Spot Ocean by NetApp, Spot Wave by NetApp, Spot Elastigroup by NetApp, and NetApp Virtual Desktop Managed Service. It provides data storage solutions comprising NetApp All-Flash FAS series, NetApp Fabric Attached Storage, NetApp FlexPod, NetApp E/EF series, NetApp StorageGRID, NetApp SolidFire, and NetApp HCI; data protection solutions, such as NetApp SnapCenter Backup Management, NetApp SnapMirror Data Replication, NetApp SnapLock Data Compliance, and NetApp Data Availability Services; and data management solutions, including NetApp ONTAP Storage Management System, NetApp ElementOS software, NetApp SANtricity software, NetApp Active IQ Digital Advisor, OnCommand Insight, and OnCommand Workflow Automation. In addition, the company offers application-aware data management service under the NetApp Astra name; and payment solutions and storage-as-a-service under the NetApp Keystone name. Further, it provides assessment, design, consulting, and implementation services. The company serves the energy, financial service, government, technology, internet, life science, healthcare service, manufacturing, media, entertainment, animation, video postproduction, and telecommunication markets through a direct sales force and an ecosystem of partners. NetApp, Inc. was incorporated in 1992 and is headquartered in San Jose, California.

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