NASDAQ:NTNXNutanix Stock Price, Forecast & News

$23.68

-0.60 (-2.47 %)

(As of 06/5/2020 04:00 PM ET)

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Today's Range

$23.64

Now: $23.68▼

$24.89

50-Day Range

$16.25

MA: $20.76▼

$24.91

52-Week Range

$11.31

Now: $23.68▼

$37.86

Volume2.77 million shs

Average Volume3.96 million shs

Market Capitalization$4.61 billion

P/E RatioN/A

Dividend YieldN/A

Beta2

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.

Beat the Market (BTM) Rank^™

4.3 Analyst's Opinion

Consensus Rating
Nutanix has received a consensus rating of Buy. The company's average rating score is 2.56, and is based on 11 buy ratings, 6 hold ratings, and 1 sell rating.
Price Target Upside/Downside
According to analysts' consensus price target of $32.25, Nutanix has a potential upside of 36.2% from its current price of $23.68.
Amount of Analyst Coverage
Nutanix has been the subject of 12 research reports in the past 90 days, demonstrating strong analyst interest in this stock.

2.8 Community Rank

Outperform Votes
Nutanix has received 566 “outperform” votes. (Add your “outperform” vote.)
Underperform Votes
Nutanix has received 436 “underperform” votes. (Add your “underperform” vote.)
Community Sentiment
Nutanix has received 56.49% “outperform” votes from our community.

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.

0.0 Dividend Strength

Dividend Yield
Nutanix does not currently pay a dividend.
Dividend Growth
Nutanix does not have a long track record of dividend growth.

1.0 Company Ownership

Insider Buying vs. Insider Selling
In the past three months, Nutanix insiders have sold more of their company's stock than they have bought. Specifically, they have bought $0.00 in company stock and sold $639,945.00 in company stock.
Percentage Held by Insiders
Only 9.79% of the stock of Nutanix is held by insiders.
Percentage Held by Institutions
70.26% of the stock of Nutanix is held by institutions. High institutional ownership can be a signal of strong market trust in this company.

0.6 Earnings and Valuation

Earnings Growth
Earnings for Nutanix are expected to grow in the coming year, from ($4.43) to ($3.91) per share.
Price to Earnings Ratio vs. the Market
The P/E ratio of Nutanix is -5.14, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.
Price to Earnings Ratio vs. Sector
The P/E ratio of Nutanix is -5.14, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.
Price to Book Value per Share Ratio
Nutanix has a P/B Ratio of 23.92. P/B Ratios above 3 indicate that a company could be overvalued with respect to its assets and liabilities.

Overall Beat the Market Rank^™

1.74 out of 5 stars

Industry, Sector and Symbol

Stock Exchange NASDAQ

Industry Prepackaged software

Sub-IndustryN/A

SectorComputer and Technology

Current SymbolNASDAQ:NTNX

Previous Symbol

CUSIPN/A

CIK1618732

Webwww.nutanix.com

Phone408-216-8360

Debt

Debt-to-Equity Ratio9.21

Current Ratio1.64

Quick Ratio1.64

Price-To-Earnings

Trailing P/E RatioN/A

Forward P/E RatioN/A

P/E GrowthN/A

Sales & Book Value

Annual Sales$1.24 billion

Price / Sales3.73

Cash FlowN/A

Price / Cash FlowN/A

Book Value$0.99 per share

Price / Book23.92

Profitability

EPS (Most Recent Fiscal Year)($3.18)

Net Income$-621,180,000.00

Net Margins-68.91%

Return on Equity-1,343.81%

Return on Assets-44.91%

Miscellaneous

Employees5,340

Outstanding Shares194,650,000

Market Cap$4.61 billion

Next Earnings Date8/26/2020 (Estimated)

OptionableOptionable

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Nutanix (NASDAQ:NTNX) Frequently Asked Questions

How has Nutanix's stock been impacted by COVID-19 (Coronavirus)?

Nutanix's stock was trading at $15.85 on March 11th, 2020 when COVID-19 (Coronavirus) reached pandemic status according to the World Health Organization. Since then, NTNX stock has increased by 49.4% and is now trading at $23.68. View which stocks have been most impacted by Coronavirus.

Do Wall Street analysts recommend investors buy shares of Nutanix?

18 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Nutanix in the last year. There are currently 1 sell rating, 6 hold ratings and 11 buy ratings for the stock, resulting in a consensus recommendation of "Buy." View analyst ratings for Nutanix.

When is Nutanix's next earnings date?

Nutanix is scheduled to release its next quarterly earnings announcement on Wednesday, August 26th 2020. View our earnings forecast for Nutanix.

How were Nutanix's earnings last quarter?

Nutanix Inc (NASDAQ:NTNX) announced its quarterly earnings data on Wednesday, May, 27th. The technology company reported ($0.69) EPS for the quarter, topping analysts' consensus estimates of ($0.86) by $0.17. The technology company had revenue of $318.30 million for the quarter, compared to analysts' expectations of $314.53 million. Nutanix had a negative net margin of 68.91% and a negative return on equity of 1,343.81%. Nutanix's revenue for the quarter was up 10.5% compared to the same quarter last year. During the same period in the previous year, the business earned ($0.56) EPS. View Nutanix's earnings history.

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

Nutanix issued an update on its third quarter 2020 After-Hours earnings guidance on Tuesday, May, 5th. The company provided earnings per share guidance of for the period. The company issued revenue guidance of $312-317 million, compared to the consensus revenue estimate of $307.41 million.

What price target have analysts set for NTNX?

18 Wall Street analysts have issued 12 month target prices for Nutanix's stock. Their forecasts range from $15.00 to $52.00. On average, they anticipate Nutanix's share price to reach $32.25 in the next twelve months. This suggests a possible upside of 36.2% from the stock's current price. View analysts' price targets for Nutanix.

Has Nutanix been receiving favorable news coverage?

News stories about NTNX stock have trended somewhat negative recently, according to InfoTrie Sentiment Analysis. The research group identifies negative and positive press coverage by monitoring more than six thousand blog and news sources in real time. The firm ranks coverage of publicly-traded companies on a scale of -5 to 5, with scores closest to five being the most favorable. Nutanix earned a daily sentiment score of -1.0 on InfoTrie's scale. They also assigned news stories about the technology company a news buzz of 0.0 out of 10, meaning that recent press coverage is extremely unlikely to have an impact on the stock's share price in the near future. View the latest news aboutNutanix.

Who are some of Nutanix's key competitors?

Some companies that are related to Nutanix include Paycom Software (PAYC), Citrix Systems (CTXS), Check Point Software Technologies (CHKP), SS&C Technologies (SSNC), Tyler Technologies (TYL), Tableau Software (DATA), Coupa Software (COUP), TAKE-TWO INTERACTIVE SOFTWARE (TTWO), Symantec (SYMC), Mongodb (MDB), NortonLifeLock (NLOK), Nice (NICE), Black Knight (BKI), Ceridian HCM (CDAY) and Dynatrace (DT). View all competitors.

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), Alibaba Group (BABA), Micron Technology (MU), Square (SQ), Twilio (TWLO), Netflix (NFLX), Advanced Micro Devices (AMD), Tesla (TSLA), salesforce.com (CRM) and Roku (ROKU).

Who are Nutanix's key executives?

Nutanix's management team includes the following 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 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.

What is Nutanix's stock symbol?

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

Who are Nutanix's major shareholders?

Nutanix's stock is owned by a number of institutional and retail investors. Top institutional investors include Clearbridge Investments LLC (6.00%), Eminence Capital LP (1.90%), Champlain Investment Partners LLC (1.87%), Primecap Management Co. CA (1.32%), Geode Capital Management LLC (0.92%) and Spyglass Capital Management LLC (0.86%). Company insiders that own Nutanix stock include Aaron Boynton, David Sangster, Dheeraj Pandey, Duston Williams, Jeffrey T Parks, John Mcadam, Kenneth W Long III, Louis J Attanasio, Michael Scarpelli, Ravi Mhatre, Sudheesh Nair Vadakkedath 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 Eminence Capital LP, Champlain Investment Partners LLC, Weiss Multi Strategy Advisers LLC, Engineers Gate Manager LP, AQR Capital Management LLC, Parametric Portfolio Associates LLC, LaFleur & Godfrey LLC, and Surevest LLC. Company insiders that have sold Nutanix company stock in the last year include Aaron Boynton, David Sangster, Dheeraj Pandey, Duston Williams, Ravi Mhatre, and Tyler Wall. View insider buying and selling activity for Nutanix.

Which major investors are buying Nutanix stock?

NTNX stock was bought by a variety of institutional investors in the last quarter, including Clearbridge Investments LLC, Primecap Management Co. CA, Shelter Haven Capital Management L.P., Spyglass Capital Management LLC, First Trust Advisors LP, Frontier Capital Management Co. LLC, Two Sigma Advisers LP, and Chartwell Investment Partners LLC. View insider buying and selling activity 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, Robinhood, Fidelity, and Charles Schwab.

What is Nutanix's stock price today?

One share of NTNX stock can currently be purchased for approximately $23.68.

How big of a company is Nutanix?

Nutanix has a market capitalization of $4.61 billion and generates $1.24 billion in revenue each year. The technology company earns $-621,180,000.00 in net income (profit) each year or ($3.18) on an earnings per share basis. Nutanix employs 5,340 workers across the globe.

What is Nutanix's official website?

The official website for Nutanix is 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]

This page was last updated on 6/7/2020 by MarketBeat.com Staff