Nutanix Inc (NTNX) concluded trading on Thursday at a closing price of $76.54, with 9.62 million shares of worth about $736.09 million changed hands on the day. Half year performance of the stock remained positive as price took a surge of 44.61% during that period and on February 27, 2025 the price saw a gain of about 10.37%. Currently the company’s common shares owned by public are about 267.93M shares, out of which, 249.84M shares are available for trading.
Stock saw a price change of 6.17% in past 5 days and over the past one month there was a price change of 12.02%. Year-to-date (YTD), NTNX shares are showing a performance of 25.11% which increased to 29.90% when we look at its performance for past 12 months. Over the period of past 52 weeks, stock dropped to lowest price of $43.35 but also hit the highest price of $75.80 during that period. The average intraday trading volume for Nutanix Inc shares is 2.31 million. The stock is currently trading 8.44% above its 20-day simple moving average (SMA20), while that difference is up 14.61% for SMA50 and it goes to 24.27% higher than SMA200.
Nutanix Inc (NASDAQ: NTNX) currently have 267.93M outstanding shares and institutions hold larger chunk of about 79.57% of that.
The stock has a current market capitalization of $20.51B and its 3Y-monthly beta is at 1.06. It has posted earnings per share of -$0.28 in the same period. It has Quick Ratio of 1.12. Volatility of a stock is a metric used to know how much the price of that stock is under influence and for NTNX, volatility over the week remained 4.58% while standing at 3.07% over the month.
Stock’s fiscal year EPS is expected to rise by 23.00% while it is estimated to increase by 16.88% in next year. EPS is likely to shrink at an annualized rate of 21.49% for next 5-years, compared to annual growth of 31.71% made by the stock over the past 5-years.
Digging deeper we find that several firms have released their research notes about the support levels of the stock. Most recent of them is a note released by Northland Capital on Feb-28-25 offering an Outperform rating for the stock and assigned a target price range of between $77 and $97 to it. Coverage by UBS stated Nutanix Inc (NTNX) stock as a Buy in their note to investors on December 12, 2024, suggesting a price target of $81 for the stock. On November 13, 2024, Oppenheimer Initiated their recommendations, while on October 28, 2024, Morgan Stanley Upgrade their ratings for the stock with a price target of $72. Stock get a Market perform rating from Northland Capital on May 30, 2024.
