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The price of NVIDIA Corp (NASDAQ: NVDA) closed at $111.59 in the last session, down -1.30% from day before closing price of $113.06. In other words, the price has decreased by -$1.30 from its previous closing price. On the day, 246.37 million shares were traded. NVDA stock price reached its highest trading level at $116.28 during the session, while it also had its lowest trading level at $111.3.
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 87.32 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 69.79. 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 26 ’24 when HUANG JEN HSUN sold 120,000 shares for $113.54 per share. The transaction valued at 13,625,043 led to the insider holds 77,814,995 shares of the business.
HUANG JEN HSUN sold 120,000 shares of NVDA for $13,591,083 on Jul 25 ’24. The President and CEO now owns 77,934,995 shares after completing the transaction at $113.26 per share. On Jul 24 ’24, another insider, HUANG JEN HSUN, who serves as the President and CEO of the company, sold 120,000 shares for $117.24 each. As a result, the insider received 14,069,240 and left with 78,054,995 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 2744924241920 and an Enterprise Value of 2724912955392. As of this moment, NVIDIA’s Price-to-Earnings (P/E) ratio for their current fiscal year is 65.28, and their Forward P/E ratio for the next fiscal year is 30.12. The expected Price-to-Earnings-to-Growth (PEG) calculation for the next 5 years is 1.41. For the stock, the TTM Price-to-Sale (P/S) ratio is 34.41 while its Price-to-Book (P/B) ratio in mrq is 55.84. Its current Enterprise Value per Revenue stands at 34.158 whereas that against EBITDA is 55.3.
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 -6.11%, while the 200-Day Moving Average is calculated to be 41.32%.
Shares Statistics:
According to the various share statistics, NVDA traded on average about 371.65M shares per day over the past 3-months and 290335330 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 66.45% stake in the company. Shares short for NVDA as of 1721001600 were 280295880 with a Short Ratio of 0.75, compared to 1718323200 on 315033985. Therefore, it implies a Short% of Shares Outstanding of 280295880 and a Short% of Float of 1.1900000000000002.
Dividends & Splits
The forward annual dividend rate for NVDA is 0.02, which was 0.016 in the trailing 12 months. Against a Trailing Annual Dividend Yield of 0.00014151778The stock’s 5-year Average Dividend Yield is 0.12.
