Nutanix (NTNX) Registers a Bigger Fall Than the Market: Important Facts to Note

Company Performance - Nutanix (NTNX) closed at $70.28, reflecting a -1.83% change from the previous session, underperforming the S&P 500 which lost 0.27% [1] - Over the past month, Nutanix shares have increased by 13.55%, while the Computer and Technology sector gained 1.69% and the S&P 500 gained 4.27% [1] Upcoming Earnings - Nutanix is set to release its earnings report on February 26, 2025, with an expected EPS of $0.47, representing a 2.17% increase year-over-year [2] - The consensus estimate for quarterly revenue is $641.76 million, which is a 13.54% increase from the same period last year [2] Full-Year Estimates - The Zacks Consensus Estimates for Nutanix's full-year earnings are $1.49 per share and revenue of $2.46 billion, indicating year-over-year increases of +13.74% and +14.5%, respectively [3] Analyst Estimates and Market Sentiment - Recent changes to analyst estimates for Nutanix are important as they reflect the evolving business outlook, with positive revisions indicating optimism [3] - The Zacks Rank system, which assesses estimate changes, currently ranks Nutanix at 3 (Hold) [5] Valuation Metrics - Nutanix has a Forward P/E ratio of 48.2, which is higher than the industry average of 29.8, suggesting it is trading at a premium [6] - The company also has a PEG ratio of 2.43, compared to the industry average of 2.65, indicating a relatively favorable growth expectation [7] Industry Context - The Computers - IT Services industry, part of the Computer and Technology sector, holds a Zacks Industry Rank of 59, placing it in the top 24% of over 250 industries [8]