Nimble Storage, Inc. (NYSE:NMBL) belonging to the Computer and Technology sector which declined -3.28% and closed its last trading session at $8.54.
The company reported its last EPS on 7/31/2016 and is expected to report its next EPS on 11/17/2016. Currently, the stock has a 1 Year Price Target of $11.56.
The consensus recommendation, according to Zacks Investment research, is 2.39. The scale runs from 1 to 5 with 1 recommending Strong Buy and 5 recommending a Strong Sell. The Stock had a 2.35 Consensus Analyst Recommendation 30 Days Ago, whereas 60 days ago and 90 days ago the analyst recommendations were 2.45 and 2.36 respectively.
Nimble Storage, Inc. on 7/31/2016 reported its EPS as $-0.19 with the analysts projecting the EPS of the stock as $-0.2. The company beat the analyst EPS Estimate with the difference of $0.01. This shows a surprise factor of 5%.
Many analysts have provided their estimated foresights on Nimble Storage, Inc. Earnings, with 24 analysts believing the company would generate an Average Estimate of $-0.18. Whereas they predicted High and Low Earnings Estimate as $-0.17 and $-0.18 respectively. While in the same Quarter Previous year, the Actual EPS was $-0.14.
Analysts are also projecting an Average Revenue Estimate for Nimble Storage, Inc. as $101.96 Million in the Current Quarter. This estimate is provided by 23 analysts. The High Revenue estimate is predicted as 103.34 Million, while the Low Revenue Estimate prediction stands at 100.5 Million. The company’s last year sales total was 80.73 Million.
For the Current Quarter, the growth estimate for Nimble Storage, Inc. is -28.6%, while for the Next Quarter the stock growth estimate is 0%. In the past 5 years, the stock showed growth of 0% per annum. While for the next 5 years, the growth estimate is 23.5%.
The Company got Upgrade by Wells Fargo on 29-Sep-16 from Market Perform to Outperform.
Insider Trades for Nimble Storage, Inc. show that the latest trade was made on 20 Sep 2016 where Schroeder (William John), the Director completed a transaction type “Buy” in which 5000 shares were traded at a price of $7.3.
58 Insider Sales transactions were made totaling 1240280 shares traded.
16 analysts projected Price Targets for Nimble Storage, Inc. The analysts believe that the company stock price could grow as high as $16. The Low Price target projection by analysts is $8.5 and the Mean Price Target is $11.56.
Nimble Storage, Inc. (NYSE:NMBL) has the market capitalization of $720.18 Million. The company rocked its 52-Week High of $24.17 on Oct 9, 2015 and touched its 52-Week Low of $5.64 on Feb 16, 2016. The stock has Return on Assets (ROA) of -44.1 percent. Return on Equity (ROE) stands at -97.7% and Return on Investment (ROI) of -76.9 percent.
The stock is currently showing YTD performance of -7.17 Percent. The company has Beta Value of 0 and ATR value of 0.32. The Weekly and Monthly Volatility stands at 3.73% and 3.31%.
Nimble Storage, Inc. offers flash-optimized hybrid storage platform. The company’s software and storage systems handle various mainstream applications which include virtual desktops, databases, email, collaboration and analytics. It serves industries comprising cloud-based service providers, education, financial services, healthcare, manufacturing, state and local government and technology. Nimble Storage, Inc. is based in San Jose, California.