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

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$44.12 -0.58 (-1.30 %)
(As of 12/17/2018 07:47 AM ET)
Previous Close$44.70
Today's Range$43.50 - $45.99
52-Week Range$29.34 - $64.87
Volume1.77 million shs
Average Volume2.39 million shs
Market Capitalization$7.90 billion
P/E Ratio-26.11
Dividend YieldN/A
Beta0.67
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
Phone408-216-8360

Debt

Debt-to-Equity Ratio1.01
Current Ratio2.71
Quick Ratio2.71

Price-To-Earnings

Trailing P/E Ratio-26.11
Forward P/E Ratio-20.15
P/E GrowthN/A

Sales & Book Value

Annual Sales$1.16 billion
Price / Sales6.84
Cash FlowN/A
Price / Cash FlowN/A
Book Value$1.89 per share
Price / Book23.34

Profitability

EPS (Most Recent Fiscal Year)($1.69)
Net Income$-297,160,000.00
Net Margins-27.65%
Return on Equity-87.09%
Return on Assets-19.87%

Miscellaneous

Employees4,000
Outstanding Shares179,140,000
Market Cap$7.90 billion
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) issued its quarterly earnings data on Tuesday, November, 27th. The technology company reported ($0.51) earnings per share for the quarter, missing the consensus estimate of ($0.27) by $0.24. The technology company earned $313.28 million during the quarter, compared to the consensus estimate of $305.21 million. Nutanix had a negative return on equity of 87.09% and a negative net margin of 27.65%. The business's revenue for the quarter was up 13.7% compared to the same quarter last year. During the same period in the prior year, the firm earned ($0.16) EPS. View Nutanix's Earnings History.

When is Nutanix's next earnings date?

Nutanix is scheduled to release their next quarterly earnings announcement on Thursday, March 7th 2019. View Earnings Estimates for Nutanix.

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

Nutanix issued an update on its second quarter earnings guidance on Tuesday, November, 27th. The company provided earnings per share (EPS) guidance of approx $(0.25) for the period, compared to the Thomson Reuters consensus EPS estimate of ($0.26). The company issued revenue guidance of $325-335 million, compared to the consensus revenue estimate of $326.51 million.Nutanix also updated its Q2 2019 guidance to $-0.25--0.25 EPS.

What price target have analysts set for NTNX?

22 analysts have issued 12-month price targets for Nutanix's shares. Their forecasts range from $33.00 to $76.00. On average, they expect Nutanix's share price to reach $60.1667 in the next twelve months. This suggests a possible upside of 36.4% from the stock's current price. View Analyst Price Targets for Nutanix.

What is the consensus analysts' recommendation for Nutanix?

22 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Nutanix in the last year. There are currently 1 sell rating, 4 hold ratings and 17 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. 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)
  • 2. 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)
  • 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?

Media coverage about NTNX stock has trended somewhat positive recently, according to InfoTrie Sentiment. InfoTrie identifies positive and negative news coverage by monitoring more than six thousand blog and news sources in real time. The firm ranks coverage of public companies on a scale of negative five to five, with scores closest to five being the most favorable. Nutanix earned a news sentiment score of 1.0 on InfoTrie's scale. They also gave media stories about the technology company a news buzz of 4.0 out of 10, meaning that recent news coverage is somewhat unlikely to have an effect on the company's share price in the near future.

Who are some of Nutanix's key competitors?

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 Engineering & Operations (Age 54)
  • Mr. Ajeet Singh, Co-Founder & Advisor
  • Mr. Kenneth W. Long III, Chief Accounting Officer, VP & Corp. Controller (Age 46)

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 $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.

Who are Nutanix's major shareholders?

Nutanix's stock is owned by a variety of of institutional and retail investors. Top institutional shareholders include FMR LLC (9.73%), Vanguard Group Inc. (6.23%), Vanguard Group Inc (6.23%), BlackRock Inc. (2.28%), JPMorgan Chase & Co. (1.44%) and Renaissance Technologies LLC (1.36%). 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, Michael Scarpelli, Peter Nieh, Rajiv Mirani, Sudheesh Nair Vadakkedath and Sunil Potti. 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 FMR LLC, Renaissance Technologies LLC, Paloma Partners Management Co, Los Angeles Capital Management & Equity Research Inc., Allianz Asset Management GmbH, Wells Fargo & Company MN, AQR Capital Management LLC and Trinity Street Asset Management LLP. 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 and Sudheesh Nair Vadakkedath. 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 Frontier Capital Management Co. LLC, Alliancebernstein L.P., First Trust Advisors LP, Artemis Investment Management LLP, Victory Capital Management Inc., Vanguard Group Inc, Vanguard Group Inc. and Point72 Asset Management L.P.. 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 $44.12.

How big of a company is Nutanix?

Nutanix has a market capitalization of $7.90 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 (star star)
Outperform Votes:  451 (Vote Outperform)
Underperform Votes:  317 (Vote Underperform)
Total Votes:  768
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 12/17/2018 by MarketBeat.com Staff

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