Nutanix Story

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NTNX -- USA Stock  

USD 21.78  0.52  2.45%

In general, we focus on analyzing Nutanix (NASDAQ:NTNX) price patterns and their correlations with different microeconomic environment and drivers. We also apply predictive analytics to build Nutanix daily price indicators and compare them against related drivers. Let's try to break down what's happening with Nutanix amid unprecedented political, and economic uncertainty.
Published over three weeks ago
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Should I exit my Nutanix (NASDAQ:NTNX) holdings?
The company's average rating is Buy from 16 analysts. Our advice module complements current analysts and expert consensus on Nutanix. It analyzes the company potential to grow using all fundamental, technical, and market related data available at the time.
The successful prediction of Nutanix stock price could yield a significant profit to investors. But is it possible? The efficient-market hypothesis suggests that all published stock prices of traded companies, such as Nutanix, already reflect all publicly available information. This academic statement is a fundamental principle of many financial and investing theories used today. However, the typical investor usually disagrees with a 'textbook' version of this hypothesis and continually tries to find mispriced stocks to increase returns. We use internally-developed statistical techniques to arrive at the intrinsic value of Nutanix based on Nutanix hews, social hype, general headline patterns, and widely used predictive technical indicators. We also calculate exposure to Nutanix's market risk, different technical and fundamental indicators, relevant financial multiples and ratios, and then comparing them to Nutanix's related companies.

Use Technical Analysis to project Nutanix expected Price

Nutanix technical stock analysis exercises models and trading practices based on price and volume transformations, such as the moving averages, relative strength index, regressions, price and return correlations, business cycles, stock market cycles, or different charting patterns.
A focus of Nutanix technical analysis is to determine if market prices reflect all relevant information impacting that market. A technical analyst looks at the history of Nutanix trading pattern rather than external drivers such as economic, fundamental, or social events. It is believed that price action tends to repeat itself due to investors' collective, patterned behavior. Hence technical analysis focuses on identifiable price trends and conditions. More Info...

What do experts say?

Stock analysis is a method for investors and traders to make buying and selling decisions. By studying and evaluating past and current data, investors and traders attempt to gain an edge in the markets by making informed decisions. It is good to see analyst projects for Nutanix, but it might be worth checking our own buy vs. sell analysis

Exercise or conversion by Aaron Boynton of 1562 shares of Nutanix subject to Rule 16b-3

Legal trades by Nutanix insiders are very common, as founders, directors, or employees of any publicly traded firm often have stock or stock options. These trades are made public in the United States through the filing of Form 4 of the Securities and Exchange Commission. Below entry was recorded recently and is publicly available as an insider trade:
Nutanix insider trading alert for exercise of restricted stock units by Aaron Boynton, Chief Accounting Officer, on 16th of September 2020. This event was filed by Nutanix Inc with SEC on 2020-09-16. Statement of changes in beneficial ownership - SEC Form 4. Aaron Boynton currently serves as vice president corporate controller of Nutanix [view details]   
Note, although insider trading is legal, in the United States, Canada, Australia, and Germany, for mandatory reporting purposes, corporate insiders are defined as a company's officers, directors, and any beneficial owners of more than 10% of a class of the company's equity securities.

Breaking it down a bit more

Nutanix reported the previous year's revenue of 1.28 B. Net Loss for the year was (881.87 M) with profit before overhead, payroll, taxes, and interest of 932.01 M.
 2017 2018 2019 2020 (projected)
Accounts Payable65.5 M74.05 M66.64 M60.14 M
Receivables258.29 M245.47 M220.93 M186.39 M

Deferred Revenue Breakdown

Nutanix Deferred Revenue yearly trend continues to be fairly stable with very little volatility. Deferred Revenue is likely to outpace its year average in 2020. Deferred Revenue usually refers to a component of Total Liabilities representing the carrying amount of consideration received or receivable on potential earnings that were not recognized as revenue; including sales; license fees; and royalties; but excluding interest income. Nutanix Deferred Revenue is fairly stable at the moment as compared to the past year. Nutanix reported Deferred Revenue of 1.05 Billion in 2019
2010
2015
2016
2017
2018
2019
2020
2010103.6 Million
2015296.46 Million
2016369.06 Million
2017631.21 Million
2018910.04 Million
20191.05 Billion
20201.13 Billion

Our perspective of the current Nutanix rise

Standard deviation is down to 3.48. It may suggest a possible volatility slide. Nutanix exhibits very low volatility with skewness of -0.69 and kurtosis of 2.33. However, we advise investors to further study Nutanix technical indicators to make sure all market info is available and is reliable.

Our Bottom Line On Nutanix

While some other firms within the software?infrastructure industry are still a little expensive, even after the recent corrections, Nutanix may offer a potential longer-term growth to investors. While some in two-three weeks oriented investors may not share our view, we believe it may not be a good time to buy new shares of Nutanix.

About Contributor

This story should be regarded as informational only and should not be considered a solicitation to sell or buy any financial products. Macroaxis does not express any opinion as to the present or future value of any investments referred to in this post. This post may not be reproduced without the consent of Macroaxis LLC. Macroaxis LLC and Raphi Shpitalnik do not own shares of Nutanix. Please refer to our Terms of Use for any information regarding our disclosure principles.

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