$NTAP - Kept on WL for 3 weeks just to post once I saw weakness
Really just don't like this one at all. Don't like the chart, don't like the technicals, can't remember off top of my head if analyst upgraded the stock (which, is usually why I go over earnings if I'm not convinced), but the numbers were insulting. Hate trying to call a top that doesn't result in the most profitable time / target price, but so this is more of a rough draft reference. Hopefully the earnings analysis makes up for it
Key financial (bearish) factors :
- Net Income down -201% from 2016 ($76M vs. $229M)
- Net Income down -569% from 2017 ($76M vs. $509M)
- Comprehensive Income down 204% from 2017 ($35M vs. $511M) - this would explain the -34.49% decrease in equity from 2017
- $40M retained earnings in 2017 - now an accumulated deficit of ($118M)
- Debt-Equity ratio of .75
- ROA less than 1% (while goodwill & intangibles account for 25% of total assets)
- PE ratio of............... 228?
Key financial (bearish) factors :
- Net Income down -201% from 2016 ($76M vs. $229M)
- Net Income down -569% from 2017 ($76M vs. $509M)
- Comprehensive Income down 204% from 2017 ($35M vs. $511M) - this would explain the -34.49% decrease in equity from 2017
- $40M retained earnings in 2017 - now an accumulated deficit of ($118M)
- Debt-Equity ratio of .75
- ROA less than 1% (while goodwill & intangibles account for 25% of total assets)
- PE ratio of............... 228?
Comment:
God I hate this one