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