Are Things Looking Up For Nutanix Inc (NASDAQ: NTNX)?

After Hours

The risks associated with pre-market and after-hours trading may be slightly higher than the regular market hours. The reason is that extended-hours trading may result in wider spreads for particular security due to lower liquidity and higher volatility as issuers often announce critical financial information outside regular trading hours. Yahoo Finance discussed the stock recently as it posted Wipro Expands Partnership with Nutanix to Launch a New Nutanix Business Unit.

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

Stocks Info

The company is listed on the NASDAQ and operates within the Software – Infrastructure industry segment. At the end of the last regular session, the stock closed at $63.83 and fluctuated between $64.98 as its day high and $62.65 as its day low. The current market capitalization of Nutanix Inc is $15.60B. A total of 2.12 million shares were traded on the day, compared to an average of 2.71M shares.

In the most recent transaction, GOMO STEVEN J sold 25,000 shares of NTNX for 64.11 per share on Mar 01 ’24. After the transaction, the Director now owns 3,962 company shares. In a previous transaction on Mar 01 ’24, Wall Tyler sold 19,721 shares at 64.35 per share. NTNX shares that Chief Legal Officer owns now total 17,556.

Among the insiders who sold shares, Wall Tyler disposed of 35,000 shares on Dec 18 ’23 at a per-share price of $47.12. This resulted in the Chief Legal Officer holding 37,277 shares of NTNX after the transaction. In another insider transaction, RAMASWAMI RAJIV sold 24,439 shares at $46.05 per share on Dec 18 ’23. Company shares held by the President and CEO now total 333,519.

It has been observed that price targets are rarely accurate, but they can exert some influence from time to time, and are often accepted as valuable in the market. In terms of 52-week highs and lows, NTNX has a high of $66.99 and a low of $23.34.

As of this writing, NTNX has an earnings estimate of $0.16 per share for the current quarter. EPS was calculated based on a consensus of 13 estimates, with a high estimate of $0.19 per share and a lower estimate of $0.13. The company reported an EPS of $0.29 in the last quarter, which was 70.60% higher than expectations of $0.17.

Balance Sheet Annually/Quarterly

An equity investor’s investment can be viewed on a balance sheet by looking at what assets and liabilities the company has. Investors can determine the company’s prospects by calculating its financial ratios based on this information. NTNX’s latest balance sheet shows that the firm has $1.21B in Cash & Short Term Investments as of fiscal 2021. There were $1.18B in debt and $927.89M in liabilities at the time. Its Book Value Per Share was -$2.50, while its Total Shareholder’s Equity was -$1.01B.

Analysts Opinion

There may be slightly higher risks associated with pre-market and after-hours trading than during regular market hours. Due to the fact that issuers often announce critical financial information outside of regular trading hours, extended-hours trading may result in wider spreads for particular securities. Currently, 0 analysts are providing their opinions on the stock. On a scale of 1 to 5, with 1 being Sell and 5 being Buy, the average analyst rating for NTNX is Buy with a score of 4.43.

Most Popular

Related Posts