After finishing at $25.55 in the prior trading day, Nutanix Inc. (NASDAQ: NTNX) closed at $25.41, down -0.55%. In other words, the price has decreased by -$0.14 from its previous closing price. On the day, 1767961 shares were traded.
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Our goal is to gain a better understanding of NTNX by taking a closer look at its different ratios. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 4.22 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 318.65. For the most recent quarter (mrq), Quick Ratio is recorded 1.50 and its Current Ratio is at 1.50.
Upgrades & Downgrades
The insider trade also gives investors a glimpse into the future direction of stock prices, which can be beneficial to investors. A recent insider transaction in this stock occurred on Jan 03 when Wall Tyler sold 90,000 shares for $26.19 per share. The transaction valued at 2,357,073 led to the insider holds 48,256 shares of the business.
RAMASWAMI RAJIV sold 5,000 shares of NTNX for $141,715 on Dec 21. The President and CEO now owns 310,348 shares after completing the transaction at $28.34 per share. On Dec 20, another insider, Conway Craig, who serves as the Director of the company, sold 25,000 shares for $30.38 each. As a result, the insider received 759,575 and left with 33,363 shares of the company.
Investors should consider key stock statistics when deciding whether to invest or divest. In the wake of the recent closing price, NTNX now has a Market Capitalization of 5.71B and an Enterprise Value of 5.76B. For the stock, the TTM Price-to-Sale (P/S) ratio is 3.58. Its current Enterprise Value per Revenue stands at 3.52 whereas that against EBITDA is -18.58.
Stock Price History:
Over the past 52 weeks, NTNX has reached a high of $33.73, while it has fallen to a 52-week low of $13.44. The 50-Day Moving Average of the stock is 25.00, while the 200-Day Moving Average is calculated to be 25.46.
The stock has traded on average 1.32M shares per day over the past 3-months and 1.29M shares per day over the last 10 days, according to various share statistics. A total of 228.54M shares are outstanding, with a floating share count of 225.29M. Insiders hold about 0.50% of the company’s shares, while institutions hold 78.10% stake in the company. Shares short for NTNX as of Apr 27, 2023 were 5.07M with a Short Ratio of 5.07M, compared to 7.7M on Mar 30, 2023. Therefore, it implies a Short% of Shares Outstanding of 2.20% and a Short% of Float of 2.55%.
Its stock is currently analyzed by 14 different market analysts. On average, analysts expect EPS of $0.12 for the current quarter, with a high estimate of $0.18 and a low estimate of $0.08, while EPS last year was -$0.03. The consensus estimate for the next quarter is $0.03, with high estimates of $0.14 and low estimates of -$0.06.
Analysts are recommending an EPS of between $0.49 and $0.12 for the fiscal current year, implying an average EPS of $0.23. EPS for the following year is $0.5, with 16 analysts recommending between $0.75 and $0.31.
12 analysts predict $468.93M in revenue for the current quarter. It ranges from a high estimate of $486.5M to a low estimate of $461.83M. As of the current estimate, Nutanix Inc.’s year-ago sales were $413.08M, an estimated increase of 13.50% from the year-ago figure. For the next quarter, 12 analysts are estimating revenue of $432.91M, an increase of 7.20% less than the figure of $13.50% in the same quarter last year. There is a high estimate of $440.6M for the next quarter, whereas the lowest estimate is $415.8M.
A total of 17 analysts have provided revenue estimates for NTNX’s current fiscal year. The highest revenue estimate was $1.82B, while the lowest revenue estimate was $1.77B, resulting in an average revenue estimate of $1.8B. In the same quarter a year ago, actual revenue was $1.58B, up 13.80% from the average estimate. Based on 17 analysts’ estimates, the company’s revenue will be $2.06B in the next fiscal year. The high estimate is $2.25B and the low estimate is $1.98B. The average revenue growth estimate for next year is up 14.50% from the average revenue estimate for this year.