Notable Runner: Nutanix Inc (NTNX)

Cornelia Mascio
Marzo 13, 2018

Nutanix now has an average rating of "Buy" and an average target price of $39.96.

Nutanix, Inc. (NASDAQ:NTNX) closed its last session at $51.48.

Nutanix climbed 3% to close at 53.04 on the stock market today, after ending Monday trades up almost 5% to 51.48.

Nutanix Inc (NASDAQ:NTNX) President Sudheesh Nair Vadakkedath sold 40,000 shares of the firm's stock in a transaction dated Tuesday, February 20th. The company presently has a consensus rating of "Buy" and an average target price of $39.96. The stock was sold at an average price of $34.35, for a total value of $1,717,500.00.

Other equities analysts have also recently issued research reports about the stock.

Many analysts have provided their estimated foresights on Nutanix, Inc. (NYSE:AIG) established that the company was able to keep return on investment at - in the trailing twelve month while Reuters data showed that industry's average stands at 0.44 and sector's optimum level is 0.46. Bank of America now has a buy rating on the stock. The shares were sold at an average price of $35.36, for a total transaction of $10,608,000.00.

However out of 16 analysts 9 suggest Nutanix Inc (NASDAQ:NTNX) a Strong Buy, 9 suggested Buy, 2 Hold and 2 Sell, while 0 analysts recommend the stock a Strong Sell. The firm has "Outperform" rating given on Friday, March 2 by Robert W. Baird. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website. Its sales stood at -7.10% a year on average in the period of last five years. Nutanix Inc has a 12 month low of $14.38 and a 12 month high of $51.63.

Shares of Nutanix Inc (NASDAQ:NTNX) opened at $49.10 on Monday. Raymond James Financial upgraded shares of Nutanix from a "market perform" rating to an "outperform" rating and set a $32.00 price target for the company in a research report on Monday, November 6th.

Several large investors have recently modified their holdings of NTNX. Oppenheimer reaffirmed a buy rating and set a $43.00 price target on shares of Nutanix in a research note on Tuesday, January 9th. Parametric Portfolio Associates LLC purchased a new stake in Nutanix in the 2nd quarter worth approximately $365,000.

Analysts are expecting average earnings estimates of $-0.19 for the current quarter based on the opinion of 21 analysts, relating to high earnings per share estimates of $-0.18 and low estimates of $-0.21, however Nutanix Inc (NASDAQ:NTNX) reported $-0.42 earnings per share for the same quarter past year. This estimate is provided by 19 analysts. Wells Fargo & Co started coverage on shares of Nutanix in a research report on Tuesday, November 14th. The stock has a market capitalization of $8,260.00 and a PE ratio of -23.94. Nutanix had a negative return on equity of 270.61% and a negative net margin of 33.34%.

More notable recent Nutanix, Inc. The disclosure for this sale can be found here.

For the current quarter, 21 analysts are projecting a mean EPS of $-0.19/share. Focused Wealth Management Inc raised its position in Nutanix by 107.2% in the 4th quarter. While in the same Quarter Previous year, the Actual EPS was $-0.42. US Bancorp DE now owns 4,753 shares of the technology company's stock valued at $168,000 after purchasing an additional 4,253 shares during the last quarter. Trinity Street Asset Management LLP bought a new position in shares of Nutanix during the 4th quarter worth approximately $29,363,000. Investors seem to be very interested in what happens to the stocks of these two companies but do investors favor one over the other? The firm's revenue was up 44.1% compared to the same quarter last year. analysts predict that Nutanix Inc will post -1.59 earnings per share for the current year.

Nutanix, Inc. provides an enterprise cloud platform which converges silos of server, virtualization and storage into integrated solution and connects to public cloud services.

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