Nutanix Inc (NASDAQ: NTNX)’s stock price has plunge by 6.05relation to previous closing price of 62.97. Nevertheless, the company has seen a 2.05% surge in its stock price over the last five trading sessions. zacks.com reported 2025-01-24 that Recently, Zacks.com users have been paying close attention to Nutanix (NTNX). This makes it worthwhile to examine what the stock has in store.
Is It Worth Investing in Nutanix Inc (NASDAQ: NTNX) Right Now?
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 3.39% ratio of that float. The average trading volume of NTNX on January 28, 2025 was 2.62M shares.
NTNX’s Market Performance
NTNX’s stock has seen a 2.05% increase for the week, with a 3.61% rise in the past month and a 7.67% gain in the past quarter. The volatility ratio for the week is 2.90%, and the volatility levels for the past 30 days are at 2.64% for Nutanix Inc The simple moving average for the past 20 days is 4.77% for NTNX’s stock, with a 9.98% 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 1.25% 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 -11.90% of loss for the given period.
Volatility was left at 2.64%, however, over the last 30 days, the volatility rate increased by 2.90%, as shares surge +4.54% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading -7.86% lower at present.
During the last 5 trading sessions, NTNX rose by +1.71%, which changed the moving average for the period of 200-days by +1.51% in comparison to the 20-day moving average, which settled at $63.73. In addition, Nutanix Inc saw 9.15% 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 Sivaraman Rukmini, who sale 294 shares at the price of $61.55 back on Jan 13 ’25. After this action, Sivaraman Rukmini now owns 190,588 shares of Nutanix Inc, valued at $18,096 using the latest closing price.
RUKMINI N SIVARAMAN, the Officer of Nutanix Inc, proposed sale 294 shares at $61.55 during a trade that took place back on Jan 13 ’25, which means that RUKMINI N SIVARAMAN is holding shares at $18,096 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 8.1. 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.
