Stock Performance Spotlight: Nutanix Inc (NTNX) Ends the Day at 63.90, Up by 0.90

Beyond market averages, investors seeking exceptional growth focus on the art of stock selection. The right picks can significantly contribute to the expansion of your wealth.

3 Tiny Stocks Primed to Explode The world's greatest investor — Warren Buffett — has a simple formula for making big money in the markets. He buys up valuable assets when they are very cheap. For stock market investors that means buying up cheap small cap stocks like these with huge upside potential.

We've set up an alert service to help smart investors take full advantage of the small cap stocks primed for big returns.

Click here for full details and to join for free
Sponsored

As of close of business last night, Nutanix Inc’s stock clocked out at $63.90, up 0.90% from its previous closing price of $63.33. In other words, the price has increased by $0.90 from its previous closing price. On the day, 2.54 million shares were traded. NTNX stock price reached its highest trading level at $64.83 during the session, while it also had its lowest trading level at $63.275.

Ratios:

To gain a deeper understanding of NTNX’s stock, we examine its different ratios. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 15.92 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 27.74. 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:

Investing in insider trades can also provide an investor with insight into how management views future stock prices. A recent insider transaction in this stock occurred on Dec 17 ’24 when Sivaraman Rukmini sold 11,810 shares for $66.63 per share. The transaction valued at 786,871 led to the insider holds 190,882 shares of the business.

RAMASWAMI RAJIV sold 63,901 shares of NTNX for $4,208,026 on Dec 16 ’24. The President and CEO now owns 649,034 shares after completing the transaction at $65.85 per share. On Dec 17 ’24, another insider, RUKMINI N SIVARAMAN, who serves as the Officer of the company, bought 11,810 shares for $66.63 each.

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 17120600064 and an Enterprise Value of 18889152512. For the stock, the TTM Price-to-Sale (P/S) ratio is 7.68. 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 -3.75%, while the 200-Day Moving Average is calculated to be 5.26%.

Shares Statistics:

It appears that NTNX traded 2.51M shares on average per day over the past three months and 3420270 shares per day over the past ten days. A total of 267.85M shares are outstanding, with a floating share count of 249.78M. Insiders hold about 6.77% 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 3.02, compared to 1728950400 on 5275168. Therefore, it implies a Short% of Shares Outstanding of 5292419 and a Short% of Float of 2.3.

Most Popular