Nutanix (NTNX) Rises Yet Lags Behind Market: Some Facts Worth Knowing

Stock Performance - Nutanix closed at $65 44, marking a +0 46% move from the prior day, lagging the S&P 500's daily gain of 0 88% [1] - The stock has climbed by 0 88% in the past month, exceeding the Computer and Technology sector's gain of 0 37% but lagging the S&P 500's gain of 1 17% [1] Earnings and Revenue Projections - Nutanix is projected to report earnings of$ 0 47 per share in its forthcoming earnings report, representing year-over-year growth of 2 17% [2] - Quarterly revenue is expected to be $641 84 million, up 13 55% from the year-ago period [2] - For the entire year, earnings are forecasted at$ 1 49 per share and revenue at $2 46 billion, indicating year-over-year changes of +13 74% and +14 5%, respectively [3] Analyst Estimates and Valuation - Recent changes to analyst estimates for Nutanix reflect shifting dynamics of short-term business patterns, with positive alterations signifying optimism [3] - Nutanix holds a Zacks Rank of 3 (Hold), with the Zacks Consensus EPS estimate remaining stagnant over the past month [5] - The company's Forward P/E ratio is 43 85, expressing a premium compared to the industry average of 27 79 [6] - Nutanix has a PEG ratio of 2 21, compared to the industry average of 2 6 [6] Industry Overview - The Computers - IT Services industry, part of the Computer and Technology sector, has a Zacks Industry Rank of 56, placing it in the top 23% of all industries [7] - The top 50% rated industries outperform the bottom half by a factor of 2 to 1 [7]