Nutanix, Inc. (NASDAQ:NTNX) went up by 0.45% from its latest closing price when compared to the 1-year high value of $37.86 and move down -70.69%, while NTNX stocks collected -0.89% of loss with the last five trading sessions. Press Release reported 16 hours ago that Software Defined Storage Solution, Nutanix Files, Soars to a New Milestone with 2,500 Customers
Nutanix, Inc. (NASDAQ:NTNX) Worth an Investment?
Nutanix, Inc. (NASDAQ: NTNX) The 36 Months beta value for NTNX stocks is at 1.93, while 7 of the analysts out of 17 who provided ratings for Nutanix, Inc. stocks as a “buy” while 1 as overweight, 7 rated it as hold and 2 as sell. The average price we get from analysts is $27.79 which is $6.53 above current price. NTNX currently has a short float of 5.47% and public float of 182.01M with average trading volume of 3.46M shares.
NTNX Market Performance
NTNX stocks went down by -0.89% for the week, with the monthly drop of -6.43% and a quarterly performance of 8.25%, while its annual performance rate touched -2.29%. The simple moving average for the period of the last 20 days is -0.61% for NTNX stocks with the simple moving average of -14.03% for the last 200 days.
Analysts’ Opinion on Nutanix, Inc. (NASDAQ:NTNX)
Many brokerage firms have already submitted their reports for NTNX stocks, with Wells Fargo repeating the rating for NTNX shares by setting it to “Equal Weight”. The predicted price for NTNX socks in the upcoming period according to Wells Fargo is $27 based on the research report published on May 28, 2020.
RBC Capital Mkts, on the other hand, stated in their research note that they expect to see NTNX stock at the price of $27, previously predicting the value of $23. The rating they have provided for NTNX stocks is “Outperform” according to the report published on May 28, 2020.
Piper Sandler gave “Neutral” rating to NTNX stocks, setting the target price at $25 in the report published on May 28, 2020.
NTNX Stocks -3.51% Far from 50 Day Moving Average
After a stumble in the market that brought NTNX to its low price for the period of the last 52 weeks, Nutanix, Inc. was unable to take a rebound, for now settling with -41.42% of loss for the given period.
The stock volatility was left at 5.18%, however, within the period of a single month, the volatility rate increased by 4.34%, while the shares sank at the distance of -7.43% for the moving average in the last 20 days. In oppose to the moving average for the last 50 days, trading by +6.02% upper at the present time.
In the course of the last 5 trading sessions, NTNX went down by -0.89%, which changed the moving average for the period of 200 days to the total of -12.50% of losses for the stock in comparison to the 20-day moving average settled at $22.23. In addition, Nutanix, Inc. saw -29.05% in overturn over the period of a single year with a tendency to cut further losses.
NTNX Stock Insider Trading
Reports are indicating that there were more than several insider trading activities at Nutanix, Inc. (NTNX), starting from Pandey Dheeraj, who sold 6,576 shares at the price of $23.12 back on Jun 16. After this action, Rushing now owns 52,734 shares of Nutanix, Inc., valued at $152,023 with the latest closing price.
Sangster David, the Chief Operating Officer of Nutanix, Inc., sold 9,716 shares at the value of $23.12 during a trade that took place back on Jun 16, which means that Sangster David is holding 64,279 shares at the value of $224,613 based on the most recent closing price.
NTNX Stock Fundamentals
The current profitability levels are settled at -48.41 for the present operating margin and +75.19 for gross margin. The net margin for Nutanix, Inc. stands at -50.25. Total capital return value is set at -85.36, while invested capital returns managed to touch -88.60.
Based on Nutanix, Inc. (NTNX), the company’s capital structure generated 245.55 points for debt to equity in total, while total debt to capital is set at the value of 71.06. Total debt to assets is settled at the value of 25.69 with long-term debt to equity ratio rests at -20.42 and long-term debt to capital is 245.55.
The value for Enterprise to Sales is 2.96 with debt to enterprise value settled at 0.13. The receivables turnover for Nutanix, Inc. is 4.86 with the total asset turnover at the value of 0.73. The liquidity ratio also appears to be rather interesting for investors as it stands at 2.05.