Nutanix, Inc. develops and provides an enterprise cloud operating system software. It offers enterprise applications, virtual desktop infrastructure, virtualization and cloud, big data, remote and branch office IT, and data protection and disaster recovery solutions; and hardware platforms and software options; and support and services. The company's products include Acropolis, a hyperconverged infrastructure solution to run any application; Prism, an infrastructure management solution with one-click operations; Nutanix Calm, an application-centric IT automation solution; Xi cloud services; Nutanix Xpress that eliminates the need for clunky SANs, expensive hypervisor licensing, and complex data protection and management software; and tools and technologies. It serves education, energy and utilities, financial services, healthcare, retail, and service provider industries, as well as state and local government, and the United States federal government. Nutanix, Inc. was founded in 2009 and is headquartered in San Jose, California.
Industry, Sector and Symbol
Stock Exchange NASDAQ
Industry Prepackaged software
Sub-IndustryN/A
SectorComputer and Technology
SymbolNASDAQ:NTNX
CUSIPN/A
Phone408-216-8360
Debt
Debt-to-Equity Ratio1.19
Current Ratio3.05
Quick Ratio3.05
Price-To-Earnings
Trailing P/E Ratio-27.54
Forward P/E Ratio-22.02
P/E GrowthN/A
Sales & Book Value
Annual Sales$1.16 billion
Price / Sales7.09
Cash FlowN/A
Price / CashN/A
Book Value$0.31 per share
Price / Book154.87
Profitability
EPS (Most Recent Fiscal Year)($1.69)
Net Income$-297,160,000.00
Net Margins-25.72%
Return on Equity-95.75%
Return on Assets-23.28%
Miscellaneous
Employees2,813
Outstanding Shares170,680,000
Market Cap$8.47 billion
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) posted its earnings results on Thursday, August, 30th. The technology company reported ($0.11) earnings per share for the quarter, topping the Thomson Reuters' consensus estimate of ($0.48) by $0.37. The technology company had revenue of $303.75 million for the quarter, compared to analyst estimates of $298.30 million. Nutanix had a negative net margin of 25.72% and a negative return on equity of 95.75%. View Nutanix's Earnings History.
When is Nutanix's next earnings date?
What guidance has Nutanix issued on next quarter's earnings?
Nutanix updated its first quarter earnings guidance on Thursday, August, 30th. The company provided earnings per share (EPS) guidance of ($0.28-0.26) for the period, compared to the Thomson Reuters consensus estimate of ($0.23). The company issued revenue guidance of $295-310 million, compared to the consensus revenue estimate of $308.83 million.
What price target have analysts set for NTNX?
19 equities research analysts have issued 1-year price objectives for Nutanix's shares. Their forecasts range from $30.00 to $74.00. On average, they expect Nutanix's stock price to reach $60.6471 in the next year. This suggests a possible upside of 26.3% from the stock's current price. View Analyst Price Targets for Nutanix.
What is the consensus analysts' recommendation for Nutanix?
19 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Nutanix in the last year. There are currently 3 hold ratings and 16 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’s Q4 results benefited from expanding clientele and growth in Software and support business. 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. Moreover, the newly launched products are expected to help customers better manage their hybrid cloud environment. Shares outperformed the industry on a year-to-date basis. However, Nutanix faces significant competition in most of the markets it operates. The delay in the launch of Xi Cloud Service is a concern. Moreover, increase in spending is anticipated to keep margins under pressure. The company's estimated loss for the first quarter is wider than the consensus estimate and this does not bode well." (8/31/2018)
- 2. 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)
- 3. Maxim Group analysts commented, "Billings beat by 11%, adjusted billings for reduction in pass-through hardware up 63% y/y. Midpoint guidance implies adjusted billings growth of 61% y/y, gross profit growth of 49% y/y. Reiterating Buy rating and raising price target to $54, from $51." (3/2/2018)
Who are some of Nutanix's key competitors?
Some companies that are related to Nutanix include Autodesk (ADSK), Check Point Software Technologies (CHKP), CA (CA), Shopify (SHOP), Splunk (SPLK), ANSYS (ANSS), TAKE-TWO INTERACTIVE SOFTWARE (TTWO), Veeva Systems (VEEV), Citrix Systems (CTXS), Synopsys (SNPS), Mobileye (MBBYF), SS&C Technologies (SSNC), Symantec (SYMC), Cadence Design Systems (CDNS) and UBISOFT Entmt S/ADR (UBSFY).
Who are Nutanix's key executives?
Nutanix's management team includes the folowing people:
- Mr. Dheeraj Pandey, Co-Founder, Chairman & CEO (Age 43)
- Mr. Duston M. Williams, Chief Financial Officer (Age 60)
- Mr. David Sangster, Exec. VP of Operations (Age 54)
- Mr. Louis J. Attanasio, Chief Revenue Officer (Age 59)
- Mr. Ajeet Singh, Co-Founder & Advisor
When did Nutanix IPO?
(NTNX) raised $168 million in an initial public offering on Friday, September 30th 2016. The company issued 14,000,000 shares at $11.00-$13.00 per share. Goldman Sachs, Morgan Stanley, J.P. Morgan and RBC Capital Markets served 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.
Has Nutanix been receiving favorable news coverage?
News stories about NTNX stock have been trending somewhat positive recently, Accern Sentiment Analysis reports. The research firm identifies positive and negative news coverage by monitoring more than twenty million blog and news sources in real time. Accern ranks coverage of public companies on a scale of -1 to 1, with scores nearest to one being the most favorable. Nutanix earned a media and rumor sentiment score of 0.18 on Accern's scale. They also gave media headlines about the technology company an impact score of 46.57 out of 100, indicating that recent news coverage is somewhat unlikely to have an impact on the stock's share price in the near term. View Recent Headlines for Nutanix.
Who are Nutanix's major shareholders?
Nutanix's stock is owned by a number of of institutional and retail investors. Top institutional investors include FMR LLC (10.39%), BlackRock Inc. (2.36%), Renaissance Technologies LLC (1.80%), Fiera Capital Corp (0.83%), Bank of America Corp DE (0.61%) and Millennium Management LLC (0.59%). Company insiders that own Nutanix stock include Canada Pension Plan Investment, Christopher J Schaepe, David Sangster, Dheeraj Pandey, Duston Williams, Jeffrey T Parks, John Mcadam, Kenneth W Long III, Lightspeed Venture Partners Vi, Michael Scarpelli, Peter Nieh, Rajiv Mirani, Sudheesh Nair Vadakkedath and Sunil Potti. View Institutional Ownership Trends for Nutanix.
Which institutional investors are selling Nutanix stock?
NTNX stock was sold by a variety of institutional investors in the last quarter, including BlackRock Inc., Northern Trust Corp, Morgan Stanley, Wells Fargo & Company MN, Hodges Capital Management Inc., Russell Investments Group Ltd., Portolan Capital Management LLC and Schwab Charles Investment Management Inc.. Company insiders that have sold Nutanix company stock in the last year include Christopher J Schaepe, David Sangster, Dheeraj Pandey, Duston Williams, Jeffrey T Parks, John Mcadam, Kenneth W Long III, Michael Scarpelli, Peter Nieh, Rajiv Mirani, Sudheesh Nair Vadakkedath and Sunil Potti. View Insider Buying and Selling for Nutanix.
Which institutional investors are buying Nutanix stock?
NTNX stock was purchased by a variety of institutional investors in the last quarter, including FMR LLC, Millennium Management LLC, Renaissance Technologies LLC, Paloma Partners Management Co, Laurion Capital Management LP, OppenheimerFunds Inc., Caisse DE Depot ET Placement DU Quebec and Bank of America Corp DE. 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 $48.01.
How big of a company is Nutanix?
Nutanix has a market capitalization of $8.47 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 2,813 workers across the globe.
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)
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.
