Additionally, the 36-month beta value for NTNX is 1.17. There are mixed opinions on the stock, with 6 analysts rating it as a “buy,” 8 rating it as “overweight,” 3 rating it as “hold,” and 0 rating it as “sell.”
The public float for NTNX is 249.71M and currently, short sellers hold a 2.79% ratio of that float. The average trading volume of NTNX on January 10, 2025 was 2.49M shares.
NTNX) stock’s latest price update
The stock of Nutanix Inc (NASDAQ: NTNX) has increased by 0.39 when compared to last closing price of 62.17. Despite this, the company has experienced a 2.01% gain in its stock price over the last five trading sessions. zacks.com reported 2025-01-08 that In the most recent trading session, Nutanix (NTNX) closed at $62.41, indicating a +0.39% shift from the previous trading day.
NTNX’s Market Performance
Nutanix Inc (NTNX) has experienced a 2.01% rise in stock performance for the past week, with a -7.91% drop in the past month, and a 1.99% rise in the past quarter. The volatility ratio for the week is 2.79%, and the volatility levels for the past 30 days are at 3.33% for NTNX. The simple moving average for the past 20 days is -2.42% for NTNX’s stock, with a 2.90% simple moving average for the past 200 days.
Analysts’ Opinion of NTNX
Many brokerage firms have already submitted their reports for NTNX stocks, with UBS repeating the rating for NTNX by listing it as a “Buy.” The predicted price for NTNX in the upcoming period, according to UBS is $81 based on the research report published on December 12, 2024 of the previous year 2024.
Oppenheimer, on the other hand, stated in their research note that they expect to see NTNX reach a price target of $80. The rating they have provided for NTNX stocks is “Outperform” according to the report published on November 13th, 2024.
Morgan Stanley gave a rating of “Overweight” to NTNX, setting the target price at $72 in the report published on October 28th of the previous year.
NTNX Trading at -5.94% from the 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, the company was unable to rebound, for now settling with -17.66% of loss for the given period.
Volatility was left at 3.33%, however, over the last 30 days, the volatility rate increased by 2.79%, as shares sank -4.45% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading +1.33% upper at present.
During the last 5 trading sessions, NTNX rose by +2.01%, which changed the moving average for the period of 200-days by -3.17% in comparison to the 20-day moving average, which settled at $63.96. In addition, Nutanix Inc saw 2.01% in overturn over a single year, with a tendency to cut further gains.
Insider Trading
Reports are indicating that there were more than several insider trading activities at NTNX starting from Gambale Virginia, who sale 6,060 shares at the price of $64.73 back on Dec 23 ’24. After this action, Gambale Virginia now owns 45,330 shares of Nutanix Inc, valued at $392,279 using the latest closing price.
Gambale Virginia, the Director of Nutanix Inc, proposed sale 6,060 shares at $65.09 during a trade that took place back on Dec 20 ’24, which means that Gambale Virginia is holding shares at $394,445 based on the most recent closing price.
Stock Fundamentals for NTNX
Current profitability levels for the company are sitting at:
- 0.02 for the present operating margin
- 0.85 for the gross margin
The net margin for Nutanix Inc stands at -0.04. The total capital return value is set at 0.04.
Based on Nutanix Inc (NTNX), the company’s capital structure generated 75.55 points at debt to capital in total, while cash flow to debt ratio is standing at 0.99. The debt to equity ratio resting at -1.01. The interest coverage ratio of the stock is 0.26.
Currently, EBITDA for the company is 172.72 million with net debt to EBITDA at -0.14. When we switch over and look at the enterprise to sales, we see a ratio of 7.49. The receivables turnover for the company is 11.22for trailing twelve months and the total asset turnover is 1.02. The liquidity ratio also appears to be rather interesting for investors as it stands at 1.12.
Conclusion
In conclusion, Nutanix Inc (NTNX) has seen better performance in recent times. Analysts have a bullish opinion on the stock, with some rating it as a “buy” and others rating it as a “hold”. It’s important to note that the stock is currently trading at a significant distance from its 50-day moving average and its 52-week high.
