NASDAQ:NTNX - Nutanix Stock Price, News, & Analysis

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$36.61 -2.01 (-5.20 %)

(As of 05/22/2019 04:00 PM ET)

Previous Close$38.62

Today's Range$36.38 - $38.66

52-Week Range$32.52 - $64.87

Volume2.89 million shs

Average Volume3.70 million shs

Market Capitalization$6.67 billion

P/E RatioN/A

Dividend YieldN/A

Beta1.07

Nutanix, Inc., together with its subsidiaries, develops and provides an enterprise cloud platform in North America, Europe, the Asia Pacific, the Middle East, Latin America, and Africa. Its solution addresses a range of workloads, including enterprise applications, databases, virtual desktop infrastructure, unified communications, and big data analytics. The company offers Acropolis, an open platform comprising hyperconvergence, native virtualization, enterprise storage, virtual networking, and platform services; and Prism, an end-to-end consumer-grade management plane providing management and analytics across its software products and services. It also provides Nutanix Calm that offers native application orchestration, automation, and lifecycle management to its enterprise cloud platform. In addition, the company offers Beam, a multi-cloud optimization service; and Frame, a desktop-as-a-service. It serves customers in a range of industries, including automotive, consumer goods, education, energy, financial services, healthcare, manufacturing, media, public sector, retail, technology, and telecommunications, as well as service providers. The company was founded in 2009 and is headquartered in San Jose, California.

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Industry, Sector and Symbol

Stock Exchange NASDAQ

Industry Prepackaged software

Sub-IndustryN/A

SectorComputer and Technology

Current SymbolNASDAQ:NTNX

Previous Symbol

CUSIPN/A

CIK1618732

Webhttp://www.nutanix.com/

Phone408-216-8360

Debt

Debt-to-Equity Ratio1.15

Current Ratio2.55

Quick Ratio2.55

Price-To-Earnings

Trailing P/E RatioN/A

Forward P/E RatioN/A

P/E GrowthN/A

Sales & Book Value

Annual Sales$1.16 billion

Price / Sales5.77

Cash FlowN/A

Price / Cash FlowN/A

Book Value$1.89 per share

Price / Book19.37

Profitability

EPS (Most Recent Fiscal Year)($1.69)

Net Income$-297,160,000.00

Net Margins-31.41%

Return on Equity-90.83%

Return on Assets-20.40%

Miscellaneous

Employees4,000

Outstanding Shares182,099,000

Market Cap$6.67 billion

Next Earnings Date5/30/2019 (Confirmed)

OptionableOptionable

Nutanix (NASDAQ:NTNX) Frequently Asked Questions

What is Nutanix's stock symbol?

Nutanix trades on the NASDAQ under the ticker symbol "NTNX."

How were Nutanix's earnings last quarter?

Nutanix Inc (NASDAQ:NTNX) released its quarterly earnings data on Thursday, February, 28th. The technology company reported ($0.55) EPS for the quarter, topping the consensus estimate of ($0.57) by $0.02. The technology company had revenue of $335.36 million for the quarter, compared to the consensus estimate of $331.04 million. Nutanix had a negative return on equity of 90.83% and a negative net margin of 31.41%. View Nutanix's Earnings History.

When is Nutanix's next earnings date?

Nutanix is scheduled to release their next quarterly earnings announcement on Thursday, May 30th 2019. View Earnings Estimates for Nutanix.

How can I listen to Nutanix's earnings call?

Nutanix will be holding an earnings conference call on Thursday, May 30th at 4:30 PM Eastern. Interested parties can register for or listen to the call using this link or dial in at 8332275841.

What guidance has Nutanix issued on next quarter's earnings?

Nutanix updated its third quarter 2019 earnings guidance on Thursday, February, 28th. The company provided earnings per share guidance of $-0.6--0.6 for the period, compared to the Thomson Reuters consensus estimate of $-0.28. The company issued revenue guidance of $290-300 million, compared to the consensus revenue estimate of $349.17 million.

What price target have analysts set for NTNX?

23 brokers have issued twelve-month price objectives for Nutanix's stock. Their forecasts range from $33.00 to $68.00. On average, they expect Nutanix's share price to reach $53.6667 in the next year. This suggests a possible upside of 46.6% from the stock's current price. View Analyst Price Targets for Nutanix.

What is the consensus analysts' recommendation for Nutanix?

23 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Nutanix in the last year. There are currently 1 sell rating, 8 hold ratings and 14 buy ratings for the stock, resulting in a consensus recommendation of "Buy." View Analyst Ratings for Nutanix.

What are Wall Street analysts saying about Nutanix stock?

Here are some recent quotes from research analysts about Nutanix stock:

1. According to Zacks Investment Research, "Nutanix is benefiting from continued deal wins, adoption of its products and shift of business to a subscription-based model. The company is considered a pioneer of hyper converged infrastructure market, which is projected to grow rapidly in the long term. The company’s built-in hypervisor has been gaining significant traction as customers continue to select it as a low-cost alternative to other vendor offerings. Estimates have been stable lately ahead of the company's earnings release. It has mixed record of earnings surprises in the trailing four quarters. However, Nutanix faces significant competition in most of the markets it operates. Moreover, the company expects a significant impact on third-quarter fiscal 2019 results from imbalance and lead generation spending coupled with a slower-than-expected sales hiring. Shares have underperformed the industry year to date." (5/21/2019)
2. Maxim Group analysts commented, "Software and Support billings grow 50% y/y driven by ongoing large enterprise traction due to expanding capabilities, consistent with our .NEXT NYC takeaways. Midpoint guidance implies ~40% y/y Software and Support billings growth, and continued adjusted sales productivity improvements. 2019 should give better insight into NTNX’s transition toward a consumption-based model that may unlock significantly more value. Reiterating Buy rating and 12-month price target of $72." (11/28/2018)
3. Robert W. Baird analysts commented, "We view Nutanix as disruptive, as the hyper-converged market leader, and as the thought leader in hybrid cloud management." (5/25/2018)

Has Nutanix been receiving favorable news coverage?

News headlines about NTNX stock have been trending negative recently, according to InfoTrie. InfoTrie identifies negative and positive media coverage by analyzing more than six thousand news and blog sources in real time. The firm ranks coverage of public companies on a scale of -5 to 5, with scores nearest to five being the most favorable. Nutanix earned a media sentiment score of -2.0 on InfoTrie's scale. They also assigned press coverage about the technology company a news buzz of 10.0 out of 10, meaning that recent media coverage is extremely likely to have an effect on the company's share price in the immediate future.

Are investors shorting Nutanix?

Nutanix saw a increase in short interest in April. As of April 30th, there was short interest totalling 10,561,837 shares, an increase of 21.5% from the April 15th total of 8,690,509 shares. Based on an average daily trading volume, of 2,582,986 shares, the days-to-cover ratio is presently 4.1 days. Currently, 7.5% of the shares of the company are sold short. View Nutanix's Current Options Chain.

Who are some of Nutanix's key competitors?

Some companies that are related to Nutanix include Square (SQ), Splunk (SPLK), Veeva Systems (VEEV), CA (CA), Cadence Design Systems (CDNS), Check Point Software Technologies (CHKP), Synopsys (SNPS), Twilio (TWLO), ANSYS (ANSS), SS&C Technologies (SSNC), Atlassian (TEAM), Symantec (SYMC), Paycom Software (PAYC), Citrix Systems (CTXS) and Okta (OKTA).

What other stocks do shareholders of Nutanix own?

Based on aggregate information from My MarketBeat watchlists, some companies that other Nutanix investors own include NVIDIA (NVDA), Micron Technology (MU), Alibaba Group (BABA), Twilio (TWLO), Advanced Micro Devices (AMD), Adobe (ADBE), Netflix (NFLX), Square (SQ), salesforce.com (CRM) and Splunk (SPLK).

Who are Nutanix's key executives?

Nutanix's management team includes the folowing people:

Mr. Dheeraj Pandey, Co-Founder, Chairman & CEO (Age 44)
Mr. Duston M. Williams, Chief Financial Officer (Age 61)
Mr. Tyler Wall, Chief Legal Officer (Age 53)
Mr. Sunil Potti, Chief Product & Devel. Officer (Age 48)
Mr. Ajeet Singh, Co-Founder & Advisor

When did Nutanix IPO?

(NTNX) raised $168 million in an initial public offering (IPO) on Friday, September 30th 2016. The company issued 14,000,000 shares at a price of $11.00-$13.00 per share. Goldman Sachs, Morgan Stanley, J.P. Morgan and RBC Capital Markets acted as the underwriters for the IPO and Baird, Needham & Company, Oppenheimer, Pacific Crest Securities (a division of KeyBanc Capital Markets), Piper Jaffray, Raymond James, Stifel and William Blair were co-managers.

Who are Nutanix's major shareholders?

Nutanix's stock is owned by a number of of retail and institutional investors. Top institutional investors include Champlain Investment Partners LLC (1.93%), Frontier Capital Management Co. LLC (1.45%), Battery Partners IX LLC (0.94%), MARSHALL WACE ASIA Ltd (0.87%), Castle Hook Partners LP (0.84%) and FIL Ltd (0.67%). Company insiders that own Nutanix stock include Christopher J Schaepe, David Sangster, Dheeraj Pandey, Duston Williams, Jeffrey T Parks, John Mcadam, Kenneth W Long III, Lightspeed Venture Partners Vi, Louis J Attanasio, Michael Scarpelli, Peter Nieh, Rajiv Mirani, Sudheesh Nair Vadakkedath, Sunil Potti and Tyler Wall. View Institutional Ownership Trends for Nutanix.

Which major investors are selling Nutanix stock?

NTNX stock was sold by a variety of institutional investors in the last quarter, including Fiera Capital Corp, Renaissance Technologies LLC, Jefferies Group LLC, AQR Capital Management LLC, Battery Partners IX LLC, New York State Common Retirement Fund, Wells Fargo & Company MN and SP Asset Management. Company insiders that have sold Nutanix company stock in the last year include David Sangster, Duston Williams, Jeffrey T Parks, John Mcadam, Kenneth W Long III, Louis J Attanasio, Michael Scarpelli, Sudheesh Nair Vadakkedath and Tyler Wall. View Insider Buying and Selling for Nutanix.

Which major investors are buying Nutanix stock?

NTNX stock was bought by a variety of institutional investors in the last quarter, including MARSHALL WACE ASIA Ltd, Castle Hook Partners LP, Champlain Investment Partners LLC, FIL Ltd, First Trust Advisors LP, Neuberger Berman Group LLC, ARK Investment Management LLC and First Midwest Bank Trust Division. View Insider Buying and Selling for Nutanix.

How do I buy shares of Nutanix?

Shares of NTNX can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Scottrade, Fidelity and Charles Schwab.

What is Nutanix's stock price today?

One share of NTNX stock can currently be purchased for approximately $36.61.

How big of a company is Nutanix?

Nutanix has a market capitalization of $6.67 billion and generates $1.16 billion in revenue each year. The technology company earns $-297,160,000.00 in net income (profit) each year or ($1.69) on an earnings per share basis. Nutanix employs 4,000 workers across the globe.

What is Nutanix's official website?

The official website for Nutanix is http://www.nutanix.com/.

How can I contact Nutanix?

Nutanix's mailing address is 1740 TECHNOLOGY DRIVE SUITE 150, SAN JOSE CA, 95110. The technology company can be reached via phone at 408-216-8360 or via email at [email protected]

MarketBeat Community Rating for Nutanix (NASDAQ NTNX)

Community Ranking:		2.9 out of 5 ( )
Outperform Votes:		489 (Vote Outperform)
Underperform Votes:		350 (Vote Underperform)
Total Votes:		839

MarketBeat's community ratings are surveys of what our community members think about Nutanix and other stocks. Vote "Outperform" if you believe NTNX will outperform the S&P 500 over the long term. Vote "Underperform" if you believe NTNX will underperform the S&P 500 over the long term. You may vote once every thirty days.

This page was last updated on 5/22/2019 by MarketBeat.com Staff