Company Performance - Nutanix (NTNX) closed at $75.53, reflecting a +1.53% change from the previous day's closing price, outperforming the S&P 500's daily gain of 0.34% [1] - Over the past month, Nutanix shares have appreciated by 10.83%, surpassing the Computer and Technology sector's gain of 8.07% and the S&P 500's gain of 3.54% [1] Upcoming Earnings - Analysts expect Nutanix to report earnings of $0.41 per share, indicating a year-over-year decline of 2.38% [2] - Revenue is forecasted to be $676.53 million, representing a 14.48% growth compared to the same quarter last year [2] Full Year Projections - For the full year, earnings are projected at $1.89 per share and revenue at $2.92 billion, reflecting changes of +16.67% and +15.11% respectively from the prior year [3] Analyst Estimates - Recent modifications to analyst estimates for Nutanix indicate short-term business trends, with positive revisions suggesting analyst optimism regarding the company's profitability [4] - The Zacks Consensus EPS estimate has shifted 1.42% downward over the past month, and Nutanix currently holds a Zacks Rank of 3 (Hold) [6] Valuation Metrics - Nutanix is trading at a Forward P/E ratio of 39.46, which is a premium compared to the industry average Forward P/E of 16.84 [7] - The company has a PEG ratio of 2.82, while the Computers - IT Services industry has an average PEG ratio of 1.98 [8] Industry Context - The Computers - IT Services industry is part of the Computer and Technology sector, currently holding a Zacks Industry Rank of 87, placing it in the top 36% of over 250 industries [9]
Nutanix (NTNX) Rises Higher Than Market: Key Facts