News headlines about Nutanix (NASDAQ:NTNX) have been trending somewhat positive recently, Accern Sentiment Analysis reports. Accern identifies negative and positive news coverage by reviewing more than 20 million blog and news sources. Accern ranks coverage of publicly-traded companies on a scale of -1 to 1, with scores nearest to one being the most favorable. Nutanix earned a coverage optimism score of 0.12 on Accern’s scale. Accern also gave news stories about the technology company an impact score of 45.6195404943091 out of 100, meaning that recent news coverage is somewhat unlikely to have an impact on the company’s share price in the near future.
Here are some of the media headlines that may have effected Accern’s rankings:
- HERE IS HOW TO PLAY BOTTOM IN – Nutanix, Inc., NASDAQ: NTNX), Oclaro, Inc., (NASDAQ: OCLR) (dailynysenews.com)
- Is It Time to go for: Nutanix, Inc., (NASDAQ: NTNX), NXP Semiconductors NV, (NASDAQ: NXPI) (globalexportlines.com)
- Price to Earnings Ratio under Review – Nutanix Inc (NASDAQ: NTNX) (stocksmarketcap.com)
- Nutanix, Inc. (NTNX) – Unusual Volume Stock in Focus (wallstreetmorning.com)
- Insider Selling: Nutanix (NTNX) President Sells 40,000 Shares of Stock (americanbankingnews.com)
A number of research firms have commented on NTNX. Vetr lowered shares of Nutanix from a “hold” rating to a “sell” rating and set a $52.09 target price for the company. in a report on Monday. Goldman Sachs lowered shares of Nutanix from a “conviction-buy” rating to a “buy” rating in a report on Friday, March 23rd. Oppenheimer raised shares of Nutanix to a “top pick” rating and lifted their target price for the stock from $43.00 to $65.00 in a report on Wednesday, March 14th. JMP Securities lifted their target price on shares of Nutanix from $45.00 to $60.00 and gave the stock an “outperform” rating in a report on Wednesday, March 14th. Finally, Morgan Stanley reaffirmed an “equal weight” rating and set a $52.00 target price (up previously from $42.00) on shares of Nutanix in a report on Tuesday, March 13th. Three analysts have rated the stock with a sell rating, four have given a hold rating, seventeen have assigned a buy rating and one has issued a strong buy rating to the company’s stock. The company has an average rating of “Buy” and a consensus target price of $48.32.
Shares of NTNX stock traded down $0.36 on Thursday, hitting $55.15. The stock had a trading volume of 2,279,458 shares, compared to its average volume of 4,397,948. The firm has a market capitalization of $9,091.16, a price-to-earnings ratio of -16.56 and a beta of 0.38. Nutanix has a twelve month low of $14.38 and a twelve month high of $56.28. The company has a quick ratio of 3.10, a current ratio of 3.10 and a debt-to-equity ratio of 1.38.
Nutanix (NASDAQ:NTNX) last posted its quarterly earnings data on Thursday, March 1st. The technology company reported ($0.14) EPS for the quarter, beating the consensus estimate of ($0.20) by $0.06. The business had revenue of $286.70 million for the quarter, compared to analysts’ expectations of $283.22 million. Nutanix had a negative net margin of 33.34% and a negative return on equity of 196.67%. The firm’s revenue was up 44.1% compared to the same quarter last year. During the same period in the previous year, the firm posted ($0.28) EPS. research analysts expect that Nutanix will post -1.59 earnings per share for the current year.
In other Nutanix news, President Sudheesh Nair Vadakkedath sold 40,000 shares of the business’s stock in a transaction dated Monday, February 5th. The shares were sold at an average price of $30.35, for a total transaction of $1,214,000.00. Following the sale, the president now directly owns 193,856 shares of the company’s stock, valued at approximately $5,883,529.60. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this link. Also, Director Jeffrey T. Parks sold 1,858,951 shares of the business’s stock in a transaction dated Friday, March 2nd. The stock was sold at an average price of $37.94, for a total transaction of $70,528,600.94. The disclosure for this sale can be found here. Insiders sold a total of 2,776,304 shares of company stock worth $110,565,085 over the last ninety days. 19.81% of the stock is currently owned by insiders.
Nutanix Company Profile
Nutanix, Inc is a United States-based company, which provides an enterprise cloud platform that converges silos of server, virtualization and storage into an integrated solution. The Company’s enterprise cloud platform connects to public cloud services. It has operations in the United States; Europe, the Middle East and Africa; Asia-Pacific, and Other Americas.
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