Featured Stock to Focus: Nutanix, Inc. (NTNX)

Lloyd Doyle
March 13, 2018

Vetr cut shares of Nutanix from a buy rating to a sell rating and set a $31.98 target price on the stock.in a research report on Tuesday, February 20th. The rating was initiated by RBC Capital Markets on Tuesday, October 25 with "Outperform". They now have a $54.00 price target on the technology company's stock, up from their previous price target of $51.00.

Nutanix Inc (NASDAQ:NTNX) traded up 0% during mid-day trading on Friday after Bank of America raised their price target on the stock from $45.00 to $60.00. The company was initiated on Tuesday, October 25 by Morgan Stanley. The firm has "Buy" rating given on Tuesday, October 10 by Jefferies. (NASDAQ:NTNX) has "Outperform" rating given on Monday, November 6 by Raymond James.

Receive News & Ratings Via Email - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings with our daily email newsletter. Maxim Group's PT gives a possible downside of -0.93 % from the last stock price of the company.

Nutanix, Inc. (NASDAQ:NTNX)'s stock on Friday traded at beginning with a price of $47.99 and when day-trade ended the stock finally edged up 5.99% to reach at $49.10. The shares were sold at an average price of $35.68, for a total transaction of $5,352,000.00.

Nutanix, Inc. (NASDAQ:NTNX) touched its 1-Year High price of $51.63 on 03/12/18 and its 1-Year Low price of $14.38 on 05/01/17. This ratio also gives some idea of whether you're paying too much for what would be left if the company went bankrupt immediately. Nutanix, Inc. (NTNX) has 0.00% since March 12, 2017 and is. The technology company reported ($0.14) earnings per share for the quarter, topping the Thomson Reuters' consensus estimate of ($0.20) by $0.06. The business had revenue of $286.70 million during 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 270.61%. While in the same Quarter Previous year, the Actual EPS was $-0.42. The firm's revenue for the quarter was up 44.1% compared to the same quarter last year. equities research analysts anticipate that Nutanix will post -1.59 earnings per share for the current year.

Nutanix Inc (NASDAQ:NTNX) has an ABR of 1.88 which is the combined stock view of 16 analysts poll results. The stock was sold at an average price of $36.32, for a total transaction of $213,997.44. The sale was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. Nutanix shares have popped 46.5% since it reported earnings on March 1. The disclosure for this sale can be found here. Focused Wealth Management Inc now owns 4,059 shares of the technology company's stock valued at $143,000 after purchasing an additional 2,100 shares in the last quarter. Investors seem to be very interested in what happens to the stocks of these two companies but do investors favor one over the other? Finally, Envestnet Asset Management Inc. purchased a new position in Nutanix in the fourth quarter valued at approximately $4,557,000. RBC Capital Markets maintained Nutanix, Inc. Gilder Gagnon Howe & Co. LLC now owns 7,989 shares of the technology company's stock worth $282,000 after acquiring an additional 3,918 shares in the last quarter. Pacific Crest initiated Nutanix, Inc. Its sales stood at -7.10% a year on average in the period of last five years.

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.

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