On Tuesday, Nutanix Inc (NASDAQ: NTNX) opened higher 0.70% from the last session, before settling in for the closing price of $62.61. Price fluctuations for NTNX have ranged from $43.35 to $75.80 over the past 52 weeks.
Here's Your FREE Report on the #1 Small-Cap Uranium Stock of '24.
Small-cap Uranium stocks are booming in 2024! The company we're about to show you is the ONLY small-cap stock in the space that benefits from ALL aspects of the global Uranium industry with none of the risks of running a mine. Smart investors will not be hesitating on this one!
Get the FREE Report with all the details here.
Sponsored
A company in the Technology sector has jumped its sales by 11.80% annually for the last half of the decade. Company’s average yearly earnings per share was noted 14.43% at the time writing. With a float of $249.71 million, this company’s outstanding shares have now reached $267.85 million.
In an organization with 7150 employees, it is important to assess its efficiency. In terms of profitability, gross margin is 85.42%, operating margin of 1.82%, and the pretax margin is -2.4%.
Nutanix Inc (NTNX) Insider Updates
A key investor’s attitude towards the stock of the Software – Infrastructure industry is another important factor to consider. The insider ownership of Nutanix Inc is 6.80%, while institutional ownership is 77.41%. The most recent insider transaction that took place on Jan 13 ’25, was worth 18,096. Before that another transaction happened on Dec 23 ’24, when Company’s Director sold 6,060 for $64.73, making the entire transaction worth $392,279. This insider now owns 45,330 shares in total.
Nutanix Inc (NTNX) Performance Highlights and Predictions
Wall Street market experts anticipate that the next fiscal year will bring earnings of 0.29 per share during the current fiscal year.
According to the Wall Street analysts, stocks earnings will be around 14.43% per share during the next fiscal year. For the long-term projections, market analysts anticipate that the company’s EPS will surge by 17.00% during the next five years compared to 31.71% growth over the previous five years of trading.
Nutanix Inc (NASDAQ: NTNX) Trading Performance Indicators
Check out the current performance indicators for Nutanix Inc (NTNX). In the past quarter, the stock posted a quick ratio of 1.12. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 7.58. Likewise, its price to free cash flow for the trailing twelve months is 27.37.
For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is -0.36, a number that is poised to hit 0.47 in the next quarter and is forecasted to reach 1.88 in one year’s time.
Technical Analysis of Nutanix Inc (NTNX)
Let’s dig in a bit further. During the last 5-days, its volume was 1.79 million. That was better than the volume of 1.79 million it reported in year-ago period. As of the previous 9 days, the stock’s Stochastic %D was 53.38%. Additionally, its Average True Range was 1.93.
During the past 100 days, Nutanix Inc’s (NTNX) raw stochastic average was set at 47.42%, which indicates a significant decrease from 54.00% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 22.49% in the past 14 days, which was lower than the 45.30% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $66.24, while its 200-day Moving Average is $60.64. However, in the short run, Nutanix Inc’s stock first resistance to watch stands at $63.77. Second resistance stands at $64.49. The third major resistance level sits at $65.21. If the price goes on to break the first support level at $62.33, it is likely to go to the next support level at $61.61. Assuming the price breaks the second support level, the third support level stands at $60.89.
Nutanix Inc (NASDAQ: NTNX) Key Stats
There are currently 267,928K shares outstanding in the company with a market cap of 16.89 billion. Presently, the company’s annual sales total 2,149 M according to its annual income of -124,780 K. Last quarter, the company’s sales amounted to 590,960 K and its income totaled 29,930 K.
