Wall Street analysts will be watching closely when Nutanix, Inc. (NASDAQ:NTNX) reports its quarterly earnings next, which is scheduled for Thu 23 May (In 70 Days). Looking at the latest analyst forecasts, the current earnings-per-share (EPS) consensus estimate is sitting at -$0.40 per share. In the preceding quarter, the company reportedly generated EPS of -$0.23 per share of its common stock. Looking at profitability indicators, this organization has an operating margin of -22.60%, a profit margin of -23.90%73.50%.
Speaking of Wall Street analysts, a number of market experts at top investment banks have recently posted their updated ratings on shares of Nutanix, Inc. (NASDAQ:NTNX). Most recently, on March 11th, 2019, Jefferies Upgrade a Buy rating. Before that, on March 4th, 2019, Raymond James Downgrade to Mkt Perform. Needham Reiterated a Buy rating on March 1st, 2019, Maxim Group Reiterated an Buy rating on March 1st, 2019, and BofA/Merrill Reiterated a Buy rating on March 1st, 2019.
At its current price point, combined with the fact that this company has 181.53M shares outstanding, the current market capitalization sits at 6.94B. In the last trading day, 3,743,457 shares of Nutanix, Inc. were traded, which compares to its usual volume of about 3.65M shares per day of trading.
If we compare this company’s current price to its recent pricing activity, we can see that the price has changed by $3.31 in the past five trading days, resulting in a percentage change of +9.47% and a moving average of 36.78. In the past 20 days, its price changed by -$15.54 (which is -28.89%) and the stock’s moving average was 43.91. Looking back a full 50 days, shares of NTNX changed by -$3.34 (which is -8.03%) and demonstrated a moving average of 47.17.
Staying in the same analytical area, this company’s stock has demonstrated a 9-day Stochastic %K score of 69.65%, a 14-day Stochastic %K score of 24.96% and a 20-day Stochastic %K score of 24.47%. Using a similar metric, Nutanix, Inc. (NTNX) shares showed a Stochastic %D of 43.89% over the past 9 days, a Stochastic %D score of 20.11% over the last 14 days, and a 20-day Stochastic %D of 19.86%. Meanwhile, this stock’s MACD Oscillator was 2.35 over the past 9 days, -1.88 over the past two weeks, and -5.98 in the last 20 days.
As recent trading data suggests, this company’s shares have been hovering close to the $38.25 level. Over the past 12 months, this stock has experienced a high price of $64.87 and a low of $32.52. Top market experts pay heightened attention to a stock as it is getting closer to a notable historic high price or low price.
Fidelity Management Research Co purchased more shares of this company during the last fiscal quarter, as we can observe in the latest corresponding filing from Nutanix, Inc. (NASDAQ:NTNX) with the Securities and Exchange Commission (SEC). This specific major shareholder, at the end of the quarter, held 18,925,193 shares of the company’s stock following the addition of 2,104,602 to this investor’s holdings during the three-month period. This share count represents that Fidelity Management Research Co now held 12.97% stake in Nutanix, Inc. (NTNX)’s shares.
Just in the most recent trading day, Nutanix, Inc. (NASDAQ:NTNX) experienced a high price of $38.73 and low point of $37.7401. At the end of the last trading session, this stock was at 38.25 per share, following a gain of $0.03, or -0.31% during the full day.