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The price of NVIDIA Corp (NASDAQ: NVDA) closed at $117.93 in the last session, down -2.61% from day before closing price of $121.09. In other words, the price has decreased by -$2.61 from its previous closing price. On the day, 213.42 million shares were traded. NVDA stock price reached its highest trading level at $121.6 during the session, while it also had its lowest trading level at $117.37.
Ratios:
We take a closer look at NVDA’s different ratios to gain a better understanding of the stock. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 92.28 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 73.75. For the most recent quarter (mrq), Quick Ratio is recorded 3.14 and its Current Ratio is at 3.53. In the meantime, Its Debt-to-Equity ratio is 0.23 whereas as Long-Term Debt/Eq ratio is at 0.20.
Upgrades & Downgrades
In addition, analysts’ ratings and any changes thereto give investors an idea of the stock’s future direction. In the most recent recommendation for this company, TD Cowen on July 15, 2024, Reiterated its Buy rating but revised its target price to $165 from $140 previously.
On July 12, 2024, The Benchmark Company reiterated its Buy rating and also lowered its target price recommendation from $135 to $170.
KeyBanc Capital Markets reiterated its Overweight rating for the stock on July 09, 2024, while the target price for the stock was revised from $130 to $180.
Insider Transactions:
An investor can also benefit from insider trades by learning what management is thinking about the future direction of stock prices. A recent insider transaction in this stock occurred on Jul 18 ’24 when HUANG JEN HSUN sold 120,000 shares for $119.82 per share. The transaction valued at 14,378,911 led to the insider holds 78,534,995 shares of the business.
HUANG JEN HSUN sold 120,000 shares of NVDA for $14,300,905 on Jul 17 ’24. The President and CEO now owns 78,654,995 shares after completing the transaction at $119.17 per share. On Jul 16 ’24, another insider, HUANG JEN HSUN, who serves as the President and CEO of the company, sold 120,000 shares for $126.40 each. As a result, the insider received 15,168,085 and left with 78,774,995 shares of the company.
Valuation Measures:
Investors should consider key stock statistics when deciding whether to invest or divest. In the wake of the recent closing price, NVDA now has a Market Capitalization of 2900877639680 and an Enterprise Value of 2880877101056. As of this moment, NVIDIA’s Price-to-Earnings (P/E) ratio for their current fiscal year is 68.99, and their Forward P/E ratio for the next fiscal year is 32.15. The expected Price-to-Earnings-to-Growth (PEG) calculation for the next 5 years is 1.49. For the stock, the TTM Price-to-Sale (P/S) ratio is 36.37 while its Price-to-Book (P/B) ratio in mrq is 59.01. Its current Enterprise Value per Revenue stands at 36.113 whereas that against EBITDA is 58.465.
Stock Price History:
Over the past 52 weeks, NVDA has reached a high of $140.76, while it has fallen to a 52-week low of $39.23. The 50-Day Moving Average of the stock is 2.01%, while the 200-Day Moving Average is calculated to be 53.59%.
Shares Statistics:
According to the various share statistics, NVDA traded on average about 398.54M shares per day over the past 3-months and 275007730 shares per day over the past 10 days. A total of 24.64B shares are outstanding, with a floating share count of 23.62B. Insiders hold about 3.98% of the company’s shares, while institutions hold 66.59% stake in the company. Shares short for NVDA as of 1719532800 were 300415949 with a Short Ratio of 0.75, compared to 1717113600 on 292029720. Therefore, it implies a Short% of Shares Outstanding of 300415949 and a Short% of Float of 1.28.
Dividends & Splits
The forward annual dividend rate for NVDA is 0.13, which was 0.016 in the trailing 12 months. Against a Trailing Annual Dividend Yield of 0.00013213314The stock’s 5-year Average Dividend Yield is 0.12.
