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The closing price of Nutanix Inc (NASDAQ: NTNX) was $63.67 for the day, down -1.21% from the previous closing price of $64.45. In other words, the price has decreased by -$1.21 from its previous closing price. On the day, 0.96 million shares were traded. NTNX stock price reached its highest trading level at $64.53 during the session, while it also had its lowest trading level at $63.51.
Ratios:
Our analysis of NTNX’s different ratios will help us gain a deeper understanding of the company. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 15.86 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 27.64. For the most recent quarter (mrq), Quick Ratio is recorded 1.12 and its Current Ratio is at 1.12.
Upgrades & Downgrades
In addition, analysts’ ratings and any changes thereto give investors an idea of the stock’s future direction. In the most recent recommendation for this company, UBS on December 12, 2024, initiated with a Buy rating and assigned the stock a target price of $81.
On November 13, 2024, Oppenheimer started tracking the stock assigning a Outperform rating and target price of $80.
Morgan Stanley Upgraded its Equal-Weight to Overweight on October 28, 2024, whereas the target price for the stock was revised from $71 to $72.
Insider Transactions:
Also, insider trades can serve as a great indicator of what management thinks about the future direction of a stock’s price. A recent insider transaction in this stock occurred on Dec 23 ’24 when Gambale Virginia sold 6,060 shares for $64.73 per share. The transaction valued at 392,279 led to the insider holds 45,330 shares of the business.
Gambale Virginia bought 6,060 shares of NTNX for $394,445 on Dec 20 ’24. On Dec 17 ’24, another insider, Sivaraman Rukmini, who serves as the Chief Financial Officer of the company, sold 11,810 shares for $66.63 each. As a result, the insider received 786,871 and left with 190,882 shares of the company.
Valuation Measures:
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 17058975744 and an Enterprise Value of 18889152512. For the stock, the TTM Price-to-Sale (P/S) ratio is 7.65. Its current Enterprise Value per Revenue stands at 8.79 whereas that against EBITDA is 197.501.
Stock Price History:
Over the past 52 weeks, NTNX has reached a high of $75.80, while it has fallen to a 52-week low of $43.35. The 50-Day Moving Average of the stock is -4.09%, while the 200-Day Moving Average is calculated to be 4.89%.
Shares Statistics:
NTNX traded an average of 2.49M shares per day over the past three months and 3480290 shares per day over the past ten days. A total of 267.85M shares are outstanding, with a floating share count of 249.70M. Insiders hold about 6.80% of the company’s shares, while institutions hold 77.72% stake in the company. Shares short for NTNX as of 1731628800 were 5292419 with a Short Ratio of 2.80, compared to 1728950400 on 5275168. Therefore, it implies a Short% of Shares Outstanding of 5292419 and a Short% of Float of 2.3.
