Research Report for Investors: Nimble Storage, Inc. (NMBL)


Nimble Storage, Inc. (NMBL) belonging to the Computer and Technology sector has declined -0.64% and closed its last trading session at $12.46.

The company reported its EPS on 03/07/2017. Currently, the stock has a 1 Year Price Target of $12.7.

The consensus recommendation, according to Zacks Investment research, is 2.5. The scale runs from 1 to 5 with 1 recommending Strong Buy and 5 recommending a Strong Sell.

The Stock had a 2.07 Consensus Analyst Recommendation 30 Days Ago, whereas 60 days ago and 90 days ago the analyst recommendations were 2.07 and 2.15 respectively.

Nimble Storage, Inc. on 03/07/2017 reported its EPS as $-0.12 with the analysts projecting the EPS of the stock as $-0.14. The company beat the analyst EPS Estimate with the difference of $0.02. This shows a surprise factor of 14.3%.

Many analysts have provided their estimated foresights on Nimble Storage, Inc. Earnings, with 17 analysts believing the company would generate an Average Estimate of $-0.18.

Whereas they predicted High and Low Earnings Estimate as $-0.1 and $-0.24 respectively. While in the same Quarter Previous year, the Actual EPS was $-0.24.

Analysts are also projecting an Average Revenue Estimate for Nimble Storage, Inc. as $108.54 Million in the Current Quarter. This estimate is provided by 16 analysts.

The High Revenue estimate is predicted as 112.7 Million, while the Low Revenue Estimate prediction stands at 105.97 Million. The company’s last year sales total was 86.42 Million.

For the Current Quarter, the growth estimate for Nimble Storage, Inc. is 25%, while for the Next Quarter the stock growth estimate is 31.6%.

The Company got Downgrade by Morgan Stanley on 8-Mar-17 from Overweight to Equal-Weight.

Insider Trades for Nimble Storage, Inc. show that the latest trade was made on 12 Mar 2017 where Murphy (Denis), the Officer completed a transaction type “Sell” in which 6883 shares were traded at a price of $12.52.

58 Insider Sales transactions were made totaling 1240280 shares traded.

15 analysts projected Price Targets for Nimble Storage, Inc.. The analysts believe that the company stock price could grow as high as $17. The Low Price target projection by analysts is $10 and the Mean Price Target is $12.7.

Nimble Storage, Inc. (NMBL) has the market capitalization of $1.09 Billion. The company rocked its 52-Week High of $12.58 on Mar 7, 2017 and touched its 52-Week Low of $6.18 on May 6, 2016.

The stock has Return on Assets (ROA) of -48.7 percent. Return on Equity (ROE) stands at -128.6% and Return on Investment (ROI) of -147.6 percent.

The stock is currently showing YTD performance of 57.32 Percent. The company has Beta Value of 0 and ATR value of 0.32. The Weekly and Monthly Volatility stands at 0.29% and 2.21%.