On Tuesday, Nutanix Inc (NASDAQ: NTNX) was 3.18% up from the session before settling in for the closing price of $62.51. A 52-week range for NTNX has been $37.28 – $73.69.
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Annual sales at Technology sector company grew by 11.80% over the past five years. When this article was written, the company’s average yearly earnings per share was at 11.06%. With a float of $249.52 million, this company’s outstanding shares have now reached $265.18 million.
Let’s look at the performance matrix of the company that is accounted for 7150 employees. In terms of profitability, gross margin is 84.94%, operating margin of 0.35%, and the pretax margin is -4.72%.
Nutanix Inc (NTNX) Insider and Institutional Ownership
Also, it is sometimes useful to examine the sentiment of large-scale investors toward Nutanix Inc stocks. The insider ownership of Nutanix Inc is 6.84%, while institutional ownership is 77.94%. The most recent insider transaction that took place on Sep 17 ’24, was worth 1,430,939. In this transaction Chief Financial Officer of this company sold 24,316 shares at a rate of $58.85, taking the stock ownership to the 192,169 shares. Before that another transaction happened on Sep 16 ’24, when Company’s Chief Operating Officer sold 11,950 for $59.83, making the entire transaction worth $714,968. This insider now owns 123,868 shares in total.
Nutanix Inc (NTNX) Latest Financial update
According to the Wall Street analysts, stocks earnings will be around 11.06% per share during the next fiscal year. For the long-term projections, market analysts anticipate that the company’s EPS will surge by 13.00% during the next five years compared to 31.71% growth over the previous five years of trading.
Nutanix Inc (NASDAQ: NTNX) Trading Performance Indicators
You can see what Nutanix Inc (NTNX) is doing with its current performance indicators. In the most recent quarter, the stock posted a quick ratio of 1.06. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 8.04. Likewise, its price to free cash flow for the trailing twelve months is 28.90.
For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is -0.53, a number that is poised to hit 0.32 in the next quarter and is forecasted to reach 1.88 in one year’s time.
Technical Analysis of Nutanix Inc (NTNX)
Nutanix Inc (NASDAQ: NTNX) saw its 5-day average volume 1.27 million, a negative change from its year-to-date volume of 2.5 million. As of the previous 9 days, the stock’s Stochastic %D was 54.42%. Additionally, its Average True Range was 1.74.
During the past 100 days, Nutanix Inc’s (NTNX) raw stochastic average was set at 93.96%, which indicates a significant increase from 81.74% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 32.17% in the past 14 days, which was lower than the 44.33% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $61.20, while its 200-day Moving Average is $59.16. Nevertheless, the first resistance level for the watch stands at $65.16 in the near term. At $65.82, the stock is likely to face the second major resistance level. The third major resistance level sits at $66.99. If the price goes on to break the first support level at $63.33, it is likely to go to the next support level at $62.16. The third support level lies at $61.50 if the price breaches the second support level.
Nutanix Inc (NASDAQ: NTNX) Key Stats
There are 265,215K outstanding shares of the company, which has a market capitalization of 17.28 billion. As of now, sales total 2,149 M while income totals -124,780 K. Its latest quarter income was 547,950 K while its last quarter net income were -126,100 K.
