Data Storage Devices Stocks Technical Reports -- NetApp, Teradata, Quantum, and Pure Storage

Aug 11, 2016, 08:00 ET from Chelmsford Park SA

NEW YORK, August 11, 2016 /PRNewswire/ --

Increased need for digital storage mediums and rising concerns about data security and backup continue to drive the Data Storage Devices segment, which is expected to grow exponentially through 2020. Stock-Callers.com takes a look at these four equities and see what they could bring to the table: NetApp Inc. (NASDAQ: NTAP), Teradata Corp. (NYSE: TDC), Quantum Corp. (NYSE: QTM), and Pure Storage Inc. (NYSE: PSTG). Download the free research reports on these stocks today:

http://stock-callers.com/registration

NetApp  

Sunnyvale, California headquartered NetApp Inc.'s stock finished Wednesday's session at $27.62, which was a slight drop of 0.22%. A total volume of 2.47 million shares was traded. Over the last month and the previous three months, the Company's shares have advanced 10.60% and 19.28%, respectively. Additionally, the stock has gained 6.36% since the start of this year. Shares of the Company are trading above their 50-day and 200-day moving averages by 9.76% and 7.04%, respectively. Moreover, shares of NetApp, which provides software, systems, and services to manage and store computer data worldwide, have a Relative Strength Index (RSI) of 69.91.

On July 20th, 2016, NetApp announced that it was awarded a 2016 Stratus Award by the Business Intelligence Group in its annual contest to identify the companies, products and people that are offering unique solutions that take advantage of cloud technologies. See our free and comprehensive research report on NTAP at:

http://stock-callers.com/registration/?symbol=NTAP

Teradata  

Shares in Dayton, Ohio headquartered Teradata Corp. ended yesterday's session 1.11% lower at $31.27. A total volume of 2.30 million shares was traded, which was above their three months average volume of 2.09 million shares. The stock has gained 15.30% in the past month, 13.59% in the previous three months, and 18.36% on an YTD basis. The Company's shares are trading 12.52% above their 50-day moving average and 17.79% above their 200-day moving average. Moreover, shares of Teradata, which provides analytic data solutions, marketing and analytic applications, and related services in the US and internationally, have an RSI of 70.45.

On August 2nd, 2016, Teradata reported revenue of $599 million for the second quarter ended June 30, 2016, versus $623 million in Q2 2015. The company reported GAAP net income of $64 million in the second quarter, or $0.49 per diluted share, compared to net loss of $(265) million, or $(1.87) per share, in Q2 2015. Stock-based compensation expense, special items and the Marketing Applications business reduced Teradata's second quarter net income by $30 million, or $0.22 per diluted share.

On August 03rd, 2016, research firm Mizuho reiterated its 'Neutral' rating on the Company's stock with an increase of the target price from $24 a share to $28 a share. TDC free research report PDF is just a click away at: http://stock-callers.com/registration/?symbol=TDC

Quantum  

On Wednesday, San Jose, California headquartered Quantum Corp.'s stock saw a slight decline of 0.24%, to close the day at $0.59 with a total volume of 237,395 shares traded. The Company's shares have surged 28.70% in the last one month and 44.39% in the previous three months. The stock is trading 23.55% above its 50-day moving average. Additionally, shares of Quantum, which provides scale-out storage, archive, and data protection solutions for small businesses and multi-national enterprises in the Americas, Europe, and the Asia Pacific, have an RSI of 61.67.

On July 27th, 2016, Quantum reported total revenue of $116.3 million for fiscal first quarter 2017, an increase of $5.4 million against fiscal first quarter 2016. For Q1 FY17, the company's GAAP net loss was $3.8 million, or $0.01 per diluted share, and non-GAAP net income of $360,000, or $0.00 per diluted share. This represented an improvement of $0.03 per diluted share on both a GAAP and non-GAAP basis against Q1 FY16. Sign up for your complimentary report on QTM at:

http://stock-callers.com/registration/?symbol=QTM

Pure Storage  

Shares in Mountain View, California headquartered Pure Storage Inc. ended the day 1.55% lower at $13.34 and with a total volume of 622,153 shares traded. The stock has gained 16.20% in the last one month. The Company's shares are trading above their 50-day moving average by 16.45%. Furthermore, shares of Pure Storage, which develops and provides an enterprise data storage platform in the US, Europe, and Asia, have an RSI of 71.47.

On August 02nd, 2016, research firm Wells Fargo initiated a 'Market Perform' rating on the Company's stock.

On August 4th, 2016, Pure Storage announced that it has scheduled a conference call for August 25th, 2016 at 2:00 pm (PT) to discuss its Q2 financial results for the period ended July 31st, 2016. Financial results will be released after the close of the market on August 25th, 2016. Register for free on Stock-Callers.com and download the latest research report on PSTG at:

http://stock-callers.com/registration/?symbol=PSTG

--

Stock Callers: 

Stock Callers (SC) produces regular sponsored and non-sponsored reports, articles, stock market blogs, and popular investment newsletters covering equities listed on NYSE and NASDAQ and micro-cap stocks. SC has two distinct and independent departments. One department produces non-sponsored analyst certified content generally in the form of press releases, articles and reports covering equities listed on NYSE and NASDAQ and the other produces sponsored content (in most cases not reviewed by a registered analyst), which typically consists of compensated investment newsletters, articles and reports covering listed stocks and micro-caps. Such sponsored content is outside the scope of procedures detailed below. 

SC has not been compensated; directly or indirectly; for producing or publishing this document. 

PRESS RELEASE PROCEDURES:

The non-sponsored content contained herein has been prepared by a writer (the "Author") and is fact checked and reviewed by a third party research service company (the "Reviewer") represented by a credentialed financial analyst [for further information on analyst credentials, please email info@stock-callers.com. Rohit Tuli, a CFA® charterholder (the "Sponsor"), provides necessary guidance in preparing the document templates. The Reviewer has reviewed and revised the content, as necessary, based on publicly available information which is believed to be reliable. Content is researched, written and reviewed on a reasonable-effort basis. The Reviewer has not performed any independent investigations or forensic audits to validate the information herein. The Reviewer has only independently reviewed the information provided by the Author according to the procedures outlined by SC. SC is not entitled to veto or interfere in the application of such procedures by the third-party research service company to the articles, documents or reports, as the case may be. Unless otherwise noted, any content outside of this document has no association with the Author or the Reviewer in any way.  

NO WARRANTY 

SC, the Author, and the Reviewer are not responsible for any error which may be occasioned at the time of printing of this document or any error, mistake or shortcoming. No liability is accepted whatsoever for any direct, indirect or consequential loss arising from the use of this document. SC, the Author, and the Reviewer expressly disclaim any fiduciary responsibility or liability for any consequences, financial or otherwise arising from any reliance placed on the information in this document. Additionally, SC, the Author, and the Reviewer do not (1) guarantee the accuracy, timeliness, completeness or correct sequencing of the information, or (2) warrant any results from use of the information. The included information is subject to change without notice. 

NOT AN OFFERING 

This document is not intended as an offering, recommendation, or a solicitation of an offer to buy or sell the securities mentioned or discussed, and is to be used for informational purposes only. Please read all associated disclosures and disclaimers in full before investing. Neither SC nor any party affiliated with us is a registered investment adviser or broker-dealer with any agency or in any jurisdiction whatsoever. To download our report(s), read our disclosures, or for more information, visit

http://stock-callers.com/legal-disclaimer/

CONTACT For any questions, inquiries, or comments reach out to us directly. If you're a company we are covering and wish to no longer feature on our coverage list contact us via email and/or phone between 09:30 EDT to 16:00 EDT from Monday to Friday at: Email: info@stock-callers.com Phone number: +44 330 808 3765 Office Address: Clyde Offices, Second Floor, 48 West George Street, Glasgow, U.K. -G2 1BP

CFA® and Chartered Financial Analyst® are registered trademarks owned by CFA Institute.

SOURCE Chelmsford Park SA