Nutanix Inc. (NTNX): Quarterly performance is up by 31.06% for NTNX


Nutanix Inc. (NASDAQ:NTNX) changes shares on Tuesday trading session, with a change of 1.97% or $0.45 shares. The trading starts at $22.84 and closed at $22.84 throughout the day. The trading session low price was $22.51 and day high was $23.436 on Tuesday, August 04. After the session, the Technology sector daily volume shifted to 2.66 million while its average volume is 3.39M. In other hand, the NTNX market cap reached to $4.65B. While, its current target price is $28.71.

On May 16, 2018, BRIEF-Nutanix Appoints Sankalp Saxena To Lead Operations In India. According to the news reported on Reuters, * NUTANIX APPOINTS SANKALP SAXENA TO LEAD OPERATIONS IN INDIA Source text for Eikon: Further company coverage:

Checking out the performance report which defines the increase or decrease of prices for a specific period. For the last 5 trading sessions, its performance is up 6.88% and down -1.40% for month. Its quarterly performance was 31.06% above, while its half year performance is down -33.02%. NTNX yearly performance stood at positive 22.19% and fall -25.50% for year-to-date. Current recommendation for Nutanix Inc. is 2.50.

Earnings per share or EPS is an important financial measure, which defines the profitability of a company. NTNX EPS (TTM) for 12-month is -4.61. EPS for this year is -176.30%, while for the next year its value is -2.20. Its EPS Q/Q reached -6.90%. It has an EPS of -41.00% down for past five years.

Let’s take a look on the analyst recommendations on NTNX for the current month and previous month. For the current month, 7 of 17 analysts recommend stock as Buy while 2 as Sell, 1 as overweight, 0 as underweight and 7 as Hold. As compared with the previous month ratings, 17 analysts participate in stock recommendation. Out of 17, 1 rated it sell, 7 rated it as Buy and 8 as Hold Ratings. On the other hand, target price ranges from $16.00 – $45.00. Average target price for NTNX was reached at $27.79.

FMR, LLC, Vanguard Group, Inc. (The) and Generation Investment Management LLP are the top three holders in Nutanix Inc. (NTNX) stock. On Mar 30, 2020, FMR, LLC has 26.9 million shares which valued 425.0 million. On Mar 30, 2020, Vanguard Group, Inc. (The) owned 15.9 million shares which valued at 251.25 million. On Mar 30, 2020, Generation Investment Management LLP has a total of 14.02 million shares which valued at 221.51 million. In the end, Generation Investment Management LLP have 7.81% shares outstanding of Nutanix Inc. (NTNX) on Mar 30, 2020. The insider ownership moved to 0.20% and institutional holding shifted to 76.20%.

The company posted an EPS (TTM) of -4.61. According to the most recent quarter report on (Jul 2020), 17 analysts estimated an average EPS of -0.67, while -0.57 EPS posted a year ago period. Analyst Estimated EPS for NTNX published in the report was -$0.8 – -$0.56 during the same period. Comparing with last year, the average estimated EPS was -0.57 which is higher than -0.69 which was posted for recent quarter EPS.

A brief look on simple moving average (SMA) that determines the market price can impact a market. The SMA for NTNX fall -9.56% for period of 200 days. SMA for 50 days was 1.42% which is showing green signal, while SMA-20 was 5.37%. The moving average value for Nutanix Inc. (NTNX) is 23.18 and 22.56 for 200 and 50 days respectively.

Let’s take a look on the insider transactions, in which multiple shareholders are showing interest in NTNX stock. On Jun 16, Pandey Dheeraj, CEO and Chairman, sold 6,576 trading shares at the cost of $23.12, which valued at 0.15 million. On Jun 16, Sangster David, Chief Operating Officer, sold 9,716 shares at the cost of $23.12, with total shares of 64,279. On Jun 16, Wall Tyler, Chief Legal Officer, sold 8,219 shares at the cost of 23.12. After this transaction, Wall Tyler total shares reached to 62,795 which valued at 0.19 million.