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The price of Novartis AG ADR (NYSE: NVS) closed at $113.31 in the last session, down -0.19% from day before closing price of $113.53. In other words, the price has decreased by -$0.19 from its previous closing price. On the day, 0.78 million shares were traded. NVS stock price reached its highest trading level at $113.6605 during the session, while it also had its lowest trading level at $113.06.
Ratios:
We take a closer look at NVS’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 26.28 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 15.77. For the most recent quarter (mrq), Quick Ratio is recorded 0.72 and its Current Ratio is at 0.93. In the meantime, Its Debt-to-Equity ratio is 0.69 whereas as Long-Term Debt/Eq ratio is at 0.51.
On May 30, 2024, Goldman started tracking the stock assigning a Buy rating and target price of $120.
On February 23, 2024, BMO Capital Markets started tracking the stock assigning a Market Perform rating and target price of $114.BMO Capital Markets initiated its Market Perform rating on February 23, 2024, with a $114 target price.
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 Aug 12 ’24 when Kowalski Robert William bought 6,566 shares for $111.72 per share.
Valuation Measures:
Investors should consider key stock statistics when deciding whether to invest or divest. In the wake of the recent closing price, NVS now has a Market Capitalization of 229493538816 and an Enterprise Value of 250575470592. As of this moment, Novartis’s Price-to-Earnings (P/E) ratio for their current fiscal year is 14.44, and their Forward P/E ratio for the next fiscal year is 13.92. The expected Price-to-Earnings-to-Growth (PEG) calculation for the next 5 years is 1.90. For the stock, the TTM Price-to-Sale (P/S) ratio is 4.66 while its Price-to-Book (P/B) ratio in mrq is 5.50. Its current Enterprise Value per Revenue stands at 5.128 whereas that against EBITDA is 12.986.
Stock Price History:
The Beta on a monthly basis for NVS is 0.57, which has changed by 0.123836875 over the last 52 weeks, in comparison to a change of 0.24841464 over the same period for the S&P500. Over the past 52 weeks, NVS has reached a high of $113.92, while it has fallen to a 52-week low of $91.70. The 50-Day Moving Average of the stock is 4.47%, while the 200-Day Moving Average is calculated to be 11.42%.
Shares Statistics:
According to the various share statistics, NVS traded on average about 1.32M shares per day over the past 3-months and 1193010 shares per day over the past 10 days. A total of 2.04B shares are outstanding, with a floating share count of 1.96B. Insiders hold about 0.00% of the company’s shares, while institutions hold 7.19% stake in the company. Shares short for NVS as of 1722384000 were 5606121 with a Short Ratio of 4.26, compared to 1719532800 on 6237796. Therefore, it implies a Short% of Shares Outstanding of 5606121 and a Short% of Float of 0.27999999999999997.
Dividends & Splits
The forward annual dividend rate for NVS is 3.74, which was 3.919 in the trailing 12 months. Against a Trailing Annual Dividend Yield of 0.03451951The stock’s 5-year Average Dividend Yield is 3.61. The current Payout Ratio is 44.73% for NVS, which recently paid a dividend on 2024-03-07 with an ex-dividend date of 1709769600. Stock splits for the company last occurred on 2019-04-09 when the company split stock in a 1116:1000 ratio.
