Stocks You Can Set and Forget: Western Midstream Partners, LP (WES), Nutanix, Inc. (NTNX)

8 analysts out of 12 Wall Street brokerage firms rate Western Midstream Partners, LP (NYSE:WES) as a Buy, while 0 see it as a Sell. The rest 4 describe it as a Hold. WES stock traded higher to an intra-day high of $30.042. At one point in session, its potential discontinued and the price was down to lows at $29.35. Analysts have set WES’s consensus price at $38.27, effectively giving it a 29.77% projection on returns. Should the projected estimates be met, then the stock will likely hit its highest price at $45 (up 52.59% from current price levels). WES has a 0% ROE, lower than the 9.62% average for the industry. The average ROE for the sector is 16.3%.

It is expected that in Jun 2019 quarter WES will have an EPS of $0.64, suggesting a 106.45% growth. For Sep 2019 is projected at $0.69. It means that there could be a 40.82% growth in the quarter. Yearly earnings are expected to rise by -8.37% to about $2.3. As for the coming year, growth will be about 25.22%, lifting earnings to $2.88. RSI after the last trading period was 42.36. WES recorded a change of 2.47% over the past week and returned -8.22% over the last three months while the WES stock’s monthly performance revealed a shift in price of -2.06%. The year to date (YTD) performance stands at 6.35%, and the bi-yearly performance specified an activity trend of 0.37% while the shares have moved -21.42% for the past 12 months.

Western Midstream Partners, LP (WES) currently trades at $29.49, which is higher by 0.44% its previous price. It has a total of 451.89 million outstanding shares, with an ATR of around 0.72. The company’s stock volume dropped to 0.62 million, worse than 1.01 million that represents its 50-day average. A 5-day increase of about 2.47% in its price means WES is now 6.35% higher on year-to-date. The shares had marked a $37.69 52-week high price and the 52 week low of $25.89. Overall, it has seen a growth rate of -21.42 over the last 12 months.

Western Midstream Partners, LP (NYSE:WES)’s EPS was $0.3 as reported for the March quarter. In comparison, the same quarter a year ago had an EPS of $0.46. That means that its growth in general now stands at -35%. Therefore, a prediction of $0.52 given by the analysts brought a negative surprise of -42%. WES March quarter revenue was $671.88 million, compared to $437.17 million recorded in same quarter last year, giving it a 54% growth rate. The company’s $234.71 million revenue growth that quarter surprised Wall Street and investors will need to consider this as they assess the stock.

Nutanix, Inc. (NASDAQ:NTNX) shares appreciated 0.29% over the last trading period, taking overall 5-day performance up to -1.33%. NTNX’s price now at $27.55 is weaker than the 50-day average of $36.71. Getting the trading period increased to 200 days, the stock price was seen at $42.63 on average. The general public currently hold control of a total of 143.01 million shares, which is the number publicly available for trading. The total of shares that it has issued to investors is 181.45 million. The company’s management holds a total of 0.9%, while institutional investors hold about 75.5% of the remaining shares. NTNX share price finished last trade -14.89% below its 20 day simple moving average and its downbeat gap from 200 day simple moving average is -35.59%, while closing the session with -25.37% distance from 50 day simple moving average.

Nutanix, Inc. (NTNX) shares were last observed trading -57.53% down since June 14, 2018 when the peak of $64.87 was hit. Last month’s price growth of -26.04% puts NTNX performance for the year now at -33.76%. Consequently, the shares price is trending higher by 8.04%, a 52-week worst price since May. 31, 2019. However, it is losing value with -38.08% in the last 6 months. From a technical perspective, it appears more likely that the stock will experience a Bull Run market as a result of the strong support seen recently between $26.92 and $27.24. The immediate resistance area is now $27.79 Williams’s %R (14) for NTNX moved to 80.69 while the stochastic %K points at 18.53.

NTNX’s beta is 0; meaning investors could reap lower returns, although it also poses lower risks. The company allocated $-2.4 per share from its yearly profit to its outstanding shares. Its last reported revenue is $287.62 million, which was -1% versus $289.41 million in the corresponding quarter last year. The EPS for Apr 19 quarter came in at $-0.56 compared to $-0.21 in the year-ago quarter and had represented 167% year-over-year earnings per share growth. NTNX’s ROA is -29.4%, lower than the 9.52% industry average. Although a more robust percentage would be better, consideration is given to how well peers within the industry performed. Companies within the sector had an ROA of 10.87%.

Estimated quarterly earnings for Nutanix, Inc. (NASDAQ:NTNX) are around $-1.05 per share in three months through July with $-0.86 also the estimate for October quarter of the fiscal year. It means the growth is estimated at -144.19% and -68.63%, respectively. Analysts estimate full-year growth to be -94.08%, the target being $-3.28 a share. The upcoming year will see an increase in growth by percentage to 4.88%, more likely to see it hit the $-3.12 per share. The firm’s current profit margin over the past 12 months is -41.5%. NTNX ranks lower in comparison to an average of 8.53% for industry peers; while the average for the sector is 15.29%.