With 1.58 million shares changed hands, the volume of the stock remained lighter than its average volume of 2.73 million shares. The 52-week range on NTNX shows that it touched its highest point at $66.99 and its lowest point at $23.34 during that stretch. It currently has a 1-year price target of $67.26. Beta for the stock currently stands at 1.30.
Price Performance and Earnings:
Stock performance is one of the indicators that investors use to determine whether they will profit from a stock. The price performance of NTNX was up-trending over the past week, with a rise of 0.60%, but this was up by 9.73% over a month. Three-month performance surged to 38.66% while six-month performance rose 74.97%. The stock gained 158.55% in the past year, while it has gained 33.80% so far this year. A look at the trailing 12-month EPS for NTNX yields -0.31 with Next year EPS estimates of 1.31. For the next quarter, that number is 0.17. This implies an EPS growth rate of 78.38% for this year and 21.93% for next year.
Float and Shares Shorts:
At present, 244.33 million NTNX shares are outstanding with a float of 243.36 million shares on hand for trading. On Feb 29, 2024, short shares totaled 6.81 million, which was 2.79% higher than short shares on Jan 31, 2024. In addition to ^TNX as the firm’s CBOE Interest Rate 10 Year T No, NTNX serves as its Nutanix, Inc.
Institutional Ownership:
Through their ownership of 83.83% of NTNX’s outstanding shares, institutional investors have majority control over the company.
Analysts Ratings:
Reading analyst opinions is an effective way to decide where to invest, and there are several opinions available for NTNX since 0 analysts follow the stock currently. In the same way, a target price assigned to a stock can also reveal much about its potential.
Dividends & Yield:
In terms of dividends, NTNX has a current ratio of $––, which is $–– over the trailing 12-months, while a dividend of $–– is likely to be paid on average over the next five years. Dividend yield is another indicator that appeals to many investors, and NTNX currently yields $0.00. In the past year, NTNX’s dividend yield has been $0.00, but when looking at the stock over the past five years, its yield has been $–. Accordingly, NTNX has a current buyback yield of $0.38. This was $0.38 for the TTM, and it was $– for the past five years.
