Nutanix Stock Today

NTNX Stock  USD 61.72  0.21  0.34%   

Performance

14 of 100

 
Low
 
High
Good

Odds Of Distress

Less than 16

 
100  
 
Zero
Low
Nutanix is trading at 61.72 as of the 29th of March 2024; that is -0.34 percent decrease since the beginning of the trading day. The stock's open price was 61.93. Nutanix has less than a 16 % chance of experiencing some financial distress in the next two years of operation and had a good performance during the last 90 days. Equity ratings for Nutanix are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 28th of February 2024 and ending today, the 29th of March 2024. Click here to learn more.
Business Domain
Software & Services
IPO Date
30th of September 2016
Category
Technology
Classification
Information Technology
Nutanix, Inc. provides an enterprise cloud platform in North America, Europe, the Asia Pacific, the Middle East, Latin America, and Africa. The company was incorporated in 2009 and is headquartered in San Jose, California. Nutanix operates under SoftwareInfrastructure classification in the United States and is traded on NASDAQ Exchange. The company has 244.33 M outstanding shares of which 6.61 M shares are now shorted by private and institutional investors with about 2.03 trading days to cover. More on Nutanix

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Nutanix Stock Highlights

Most reasonable investors view market volatility as an opportunity to invest at a favorable price or to sell short against a bearish trend. Nutanix's investment highlights are automatically generated signals that are significant enough to either complement your investing judgment regarding Nutanix or challenge it. These highlights can help you better understand the position you are entering and avoid costly mistakes.
CEO PresidentRajiv Ramaswami
Business ConcentrationApplication Software, Software - Infrastructure, Information Technology, ISE Cloud Computing, NASDAQ Composite, Information Technology, Software, Software—Infrastructure, Technology (View all Sectors)
Average Analyst Recommendation
Analysts covering Nutanix report their recommendations after researching Nutanix's financial statements, talking to executives and customers, or listening in on Nutanix's conference calls. The current trade recommendation is based on an ongoing consensus estimate among financial analysts covering Nutanix. The Nutanix consensus assessment is calculated by taking the average forecast from all of the analysts covering Nutanix.
Nutanix's financial strength is of vital concern to both outside investors and internal stakeholders. Efficiency and cost control are keys to Nutanix's success, along with its ability to generate sufficient cash flow to pay bills, repay debt, and make a consistent year-to-year profit.
Financial leverage usually refers to the use of borrowed funds to amplify returns from an investment. In general, analyzing the relationship between debt to total assets helps investors to understand Nutanix's financial leverage. It provides some insight into what part of Nutanix's total assets is financed by creditors.
By using current balance sheet information, investors can analyze the liability, assets, and equity on Nutanix's books and decide whether to invest or hold. Statistics such as return on equity (ROE), debt to equity (D/E) help investors determine how Nutanix deploys its capital and how much of that capital is borrowed.
Liquidity
Nutanix cash flow analysis is essential to understand how it generates and spends money over a specific period. It can also help you figure out where your money is going and how much cash you have available at a given moment. The company currently holds 1.32 B in liabilities with Debt to Equity (D/E) ratio of 967.9, indicating the company may have difficulties to generate enough cash to satisfy its financial obligations. Nutanix has a current ratio of 1.41, which is within standard range for the sector. Debt can assist Nutanix until it has trouble settling it off, either with new capital or with free cash flow. So, Nutanix's shareholders could walk away with nothing if the company can't fulfill its legal obligations to repay debt. However, a more frequent occurrence is when companies like Nutanix sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for Nutanix to invest in growth at high rates of return. When we think about Nutanix's use of debt, we should always consider it together with cash and equity.

Capital Expenditures

58.76 Million
Nutanix (NTNX) is traded on NASDAQ Exchange in USA. It is located in 1740 Technology Drive, San Jose, CA, United States, 95110 and employs 6,450 people. Nutanix is listed under Application Software category by Fama And French industry classification. The company currently falls under 'Large-Cap' category with a current market capitalization of 14.98 B. Market capitalization usually refers to the total value of a company's stock within the entire market. To calculate Nutanix's market, we take the total number of its shares issued and multiply it by Nutanix's current market price. To manage market risk and economic uncertainty, many investors today build portfolios that are diversified across equities with different market capitalizations. However, as a general rule, conservative investors tend to hold large-cap stocks, and those looking for more risk prefer small-cap and mid-cap equities. Nutanix conducts business under Software sector and is part of Information Technology industry. The entity has 244.33 M outstanding shares of which 6.61 M shares are now shorted by private and institutional investors with about 2.03 trading days to cover. Nutanix currently holds about 1.32 B in cash with 272.4 M of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 5.83.
Check Nutanix Probability Of Bankruptcy
Ownership Allocation
Nutanix holds a total of 244.33 Million outstanding shares. The majority of Nutanix outstanding shares are owned by institutional investors. These third-party entities are usually referred to as non-private investors looking to shop for positions in Nutanix to benefit from reduced commissions. Consequently, institutional holders are subject to a different set of regulations than regular investors in Nutanix. Please pay attention to any change in the institutional holdings of Nutanix as this could imply that something significant has changed or is about to change at the company. Remember, it does not matter who owns the company or if the company is currently losing money. If the true value of the company is more than the market pays for it currently, you can still have a good investment opportunity.
Check Nutanix Ownership Details

Nutanix Stock Price Odds Analysis

Based on a normal probability distribution, the odds of Nutanix jumping above the current price in 90 days from now is about 21.63%. The Nutanix probability density function shows the probability of Nutanix stock to fall within a particular range of prices over 90 days. Given the investment horizon of 90 days the stock has a beta coefficient of 1.1404. This indicates Nutanix market returns are sensitive to returns on the market. As the market goes up or down, Nutanix is expected to follow. Additionally, nutanix has an alpha of 0.2801, implying that it can generate a 0.28 percent excess return over NYSE Composite after adjusting for the inherited market risk (beta).
  Odds Below 61.72HorizonTargetOdds Above 61.72
78.27%90 days
 61.72 
21.63%
Based on a normal probability distribution, the odds of Nutanix to move above the current price in 90 days from now is about 21.63 (This Nutanix probability density function shows the probability of Nutanix Stock to fall within a particular range of prices over 90 days) .

Nutanix Stock Institutional Holders

Institutional Holdings refers to the ownership stake in Nutanix that is held by large financial organizations, pension funds or endowments. Institutions may purchase large blocks of Nutanix's outstanding shares and can exert considerable influence upon its management. Institutional holders may also work to push the share price higher once they own the stock. Extensive social media coverage, TV shows, articles in high-profile magazines, and presentations at investor conferences help move the stock higher, increasing Nutanix's value.
InstituionRecorded OnShares
Jericho Capital Asset Management Lp2023-12-31
3.5 M
T. Rowe Price Associates, Inc.2023-12-31
3.4 M
Norges Bank2023-12-31
2.9 M
Morgan Stanley - Brokerage Accounts2023-12-31
2.8 M
Renaissance Technologies Corp2023-12-31
2.7 M
Amundi2023-12-31
2.5 M
Millennium Management Llc2023-12-31
2.4 M
Jacobs Levy Equity Management, Inc.2023-09-30
2.2 M
Charles Schwab Investment Management Inc2023-12-31
2.2 M
Fmr Inc2023-12-31
36.4 M
Vanguard Group Inc2023-12-31
24.7 M
View Nutanix Diagnostics

Nutanix Historical Income Statement

Nutanix Income Statement is one of the three primary financial statements used for reporting Nutanix's overall financial performance over a current year or for a given accounting period. An Income Statement sometimes referred to as the statement of Nutanix revenue and expense. Nutanix Income Statement primarily focuses on the company's revenues and expenses during a particular period.
At this time, Nutanix's Interest Expense is fairly stable compared to the past year. Selling General Administrative is likely to rise to about 280.4 M in 2024, whereas Depreciation And Amortization is likely to drop slightly above 57.6 M in 2024. View More Fundamentals

Nutanix Stock Against Markets

Picking the right benchmark for Nutanix stock is fundamental to making educated investment choices. Many naive investors compare their positions with the S&P 500 or with the Nasdaq. But these benchmarks are not all-inclusive and generally should be used only for large-capitalization equities or stock offerings from large companies. When the price of a selected benchmark declines in a down market, there may be an uptick in Nutanix stock price where buyers come in believing the asset is cheap. The opposite is true when the market is bullish; so, accurately picking the benchmark for Nutanix is critical whether you are bullish or bearish towards Nutanix at a given time. Please also check how Nutanix's historical prices are related to one of the top price index indicators.

Be your own money manager

Our tools can tell you how much better you can do entering a position in Nutanix without increasing your portfolio risk or giving up the expected return. As an individual investor, you need to find a reliable way to track all your investment portfolios. However, your requirements will often be based on how much of the process you decide to do yourself. In addition to allowing all investors analytical transparency into all their portfolios, our tools can evaluate risk-adjusted returns of your individual positions relative to your overall portfolio.

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Nutanix Corporate Directors

Nutanix corporate directors refer to members of a Nutanix board of directors. The board of directors generally takes responsibility for the Nutanix's affairs and long-term direction of the entity. A corporate director does not make decisions for the corporation on his own. As a member of the board of directors, she or he must function as a part of a group that makes decisions on behalf of the business only by the board of directors' meetings. To pass a resolution, a majority of Nutanix's board members must vote for the resolution. The Nutanix board of directors' duties also include the election, removal, and supervision of officers, including the adoption, amendment, and repeal of bylaws.
Brian StevensIndependent DirectorProfile
Michael ScarpelliIndependent DirectorProfile
Susan BostromIndependent DirectorProfile
Craig ConwayIndependent DirectorProfile

How to buy Nutanix Stock?

Before investing in Nutanix, you must ensure you fully understand your financial goals and how diversified (or not) your overall investments are now. Then, after you clearly understand your investment objectives, consider investing in Nutanix. To buy Nutanix stock, you can follow these steps:
  • Choose a brokerage firm: You need to select a brokerage firm to buy shares of Nutanix. Some popular options include Charles Schwab, Fidelity, TD Ameritrade, and Robinhood.
  • Open an account: Once you have chosen a brokerage firm, you will need to open an account. You will be required to provide personal information, such as your name, address, and Social Security number.
  • Fund your account: You will need to deposit funds into your brokerage account to purchase Nutanix stock. You can do this by transferring funds from your bank account or other investment accounts.
  • Place your order: Once you have located Nutanix stock in your brokerage account, you can place your order to buy it. You will need to specify the number of shares you want to buy and the price you are willing to pay.
  • Monitor your investment: After you have purchased Nutanix stock, you should monitor your investment to track its performance and make informed decisions about buying, selling, or holding the stock
It's important to note that investing in stocks, such as Nutanix, carries risks, and you should carefully consider your investment goals and risk tolerance before making any investment decisions. Also, remember various factors, including economic indicators, change in net worth, political events, company-specific news, and investor sentiment, can influence the stock market. These factors can cause fluctuations in stock prices and lead to market volatility affecting your buy or sell decision. However, volatility can also present opportunities for investors to make gains by buying stocks when prices are low and selling when they are high. It's important for investors to have a long-term perspective and a well-diversified portfolio to manage the impact of stock market volatility on their investments. For more information on how to buy Nutanix Stock please use our How to Invest in Nutanix guide.

Already Invested in Nutanix?

The danger of trading Nutanix is mainly related to its market volatility and Company specific events. As an investor, you must understand the concept of risk-adjusted return before you start trading. The most common way to measure the risk of Nutanix is by using the Sharpe ratio. The ratio expresses how much excess return you acquire for the extra volatility you endure for holding a more risker asset than Nutanix. The Sharpe ratio is calculated by using standard deviation and excess return to determine reward per unit of risk. To understand how volatile Nutanix is, you must compare it to a benchmark. Traditionally, the risk-free rate of return is the rate of return on the shortest-dated U.S. Treasury, such as a 3-year bond.
When determining whether Nutanix offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Nutanix's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Nutanix Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Nutanix Stock:
Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Nutanix. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in board of governors.
For more information on how to buy Nutanix Stock please use our How to Invest in Nutanix guide.
You can also try the Stock Screener module to find equities using a custom stock filter or screen asymmetry in trading patterns, price, volume, or investment outlook..

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Is Nutanix's industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Nutanix. If investors know Nutanix will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Nutanix listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share
(0.28)
Revenue Per Share
8.432
Quarterly Revenue Growth
0.162
Return On Assets
(0.02)
The market value of Nutanix is measured differently than its book value, which is the value of Nutanix that is recorded on the company's balance sheet. Investors also form their own opinion of Nutanix's value that differs from its market value or its book value, called intrinsic value, which is Nutanix's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Nutanix's market value can be influenced by many factors that don't directly affect Nutanix's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Nutanix's value and its price as these two are different measures arrived at by different means. Investors typically determine if Nutanix is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Nutanix's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.