This stock has been chosen as a JUMP candidate for its upcoming earnings catalyst that is likely to move the stock between 5-20% post release. To conduct further research on the financials, analyst views and pivot points visit the Inside Mole research tool. This report is based on our analysis and opinions and the trade plan is how we intend to trade this event. As a self-directed trader you may decide to take a different approach to this event. For details on how we trade these events watch the video below.
Target: NUTANIX, INC (NTNX)
Earnings Release: 5/24/18 (AMC-Today)
Position Entry: (at or near EOD-end of day)
Nutanix, INC (NTNX) will be posting its FQ119 quarterly earnings results today at close. [GES] is expected to post earnings of $-.20 per share on revenue of 278 Million. In the last quarter, the company reported $-.14 earnings per share BEATING the analysts’ consensus estimate of $-.21
(** always check in the trade room 30 minutes prior to close for last minute trajectory updates
1 YEAR CHART (For latest news and analysis visit The Insider Mole research tool)
ANALYSIS: StockJumpers trajectory analysis reveals a negative market reaction to the release. Even though they consistently beat on previous quarters, we see a potential beat that is not significant enough to move the stock price up further and guidance shows some weakness. The stock price as risen steadily since the last release from 30 too 60/share. We think this is in correction territory now. Unless they beat and show substantial going forward news, this is likely to correct into the 40’s
We are SHORT for the event.
(Note: This is an After Market Close (AMC) release – today)
TARGET ‘JUMP ZONE’ POTENTIAL: 10 + %
CONFIDENCE RANKING: 8
POTENTIAL OPTIONS CONTRACT: NONE
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