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The price of NVIDIA Corp (NASDAQ: NVDA) closed at $887.47 in the last session, down -1.84% from day before closing price of $904.12. In other words, the price has decreased by -$1.84 from its previous closing price. On the day, 37.6 million shares were traded. NVDA stock price reached its highest trading level at $910.72 during the session, while it also had its lowest trading level at $882.31.
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 85.39 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 82.11. For the most recent quarter (mrq), Quick Ratio is recorded 3.67 and its Current Ratio is at 4.17. In the meantime, Its Debt-to-Equity ratio is 0.26 whereas as Long-Term Debt/Eq ratio is at 0.22.
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, Evercore ISI on April 16, 2024, initiated with a Outperform rating and assigned the stock a target price of $1160.
On April 11, 2024, Raymond James reiterated its Strong Buy rating and also lowered its target price recommendation from $850 to $1100.
Morgan Stanley reiterated its Overweight rating for the stock on April 10, 2024, while the target price for the stock was revised from $795 to $1000.
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 Apr 05 ’24 when STEVENS MARK A sold 22,700 shares for $879.97 per share. The transaction valued at 19,975,240 led to the insider holds 1,052,133 shares of the business.
PERRY MARK L sold 7,000 shares of NVDA for $6,215,259 on Apr 02 ’24. The Director now owns 116,000 shares after completing the transaction at $887.89 per share. On Mar 28 ’24, another insider, STEVENS MARK A, who serves as the Director of the company, sold 11,000 shares for $905.65 each. As a result, the insider received 9,962,150 and left with 1,074,833 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 2218674880512 and an Enterprise Value of 2245371887616. As of this moment, NVIDIA’s Price-to-Earnings (P/E) ratio for their current fiscal year is 74.35, and their Forward P/E ratio for the next fiscal year is 28.80. The expected Price-to-Earnings-to-Growth (PEG) calculation for the next 5 years is 1.96. For the stock, the TTM Price-to-Sale (P/S) ratio is 36.42 while its Price-to-Book (P/B) ratio in mrq is 50.88. Its current Enterprise Value per Revenue stands at 36.857 whereas that against EBITDA is 65.121.
Stock Price History:
The Beta on a monthly basis for NVDA is 1.66, which has changed by 2.1636922 over the last 52 weeks, in comparison to a change of 0.25590587 over the same period for the S&P500. Over the past 52 weeks, NVDA has reached a high of $974.00, while it has fallen to a 52-week low of $280.46. The 50-Day Moving Average of the stock is 1.73%, while the 200-Day Moving Average is calculated to be 48.97%.
Shares Statistics:
According to the various share statistics, NVDA traded on average about 52.67M shares per day over the past 3-months and 42026960 shares per day over the past 10 days. A total of 2.46B shares are outstanding, with a floating share count of 2.40B. Insiders hold about 3.98% of the company’s shares, while institutions hold 66.87% stake in the company. Shares short for NVDA as of 1713139200 were 29075362 with a Short Ratio of 0.55, compared to 1710460800 on 30321554. Therefore, it implies a Short% of Shares Outstanding of 29075362 and a Short% of Float of 1.21.
Dividends & Splits
The forward annual dividend rate for NVDA is 0.16, which was 0.16 in the trailing 12 months. Against a Trailing Annual Dividend Yield of 0.00017696766The stock’s 5-year Average Dividend Yield is 0.13. The current Payout Ratio is 1.34% for NVDA, which recently paid a dividend on 2024-03-05 with an ex-dividend date of 1709596800. Stock splits for the company last occurred on 2021-07-20 when the company split stock in a 4:1 ratio.
Earnings Estimates
As of right now, 35.0 analysts gave their recommendation on the stock of the company. On average, analysts expect EPS of $5.16 for the current quarter, with a high estimate of $5.69 and a low estimate of $4.95, while EPS last year was $0.98. The consensus estimate for the next quarter is $5.5, with high estimates of $6.2 and low estimates of $5.1.
Analysts are recommending an EPS of between $27.91 and $21.04 for the fiscal current year, implying an average EPS of $23.12. EPS for the following year is $29.11, with 41.0 analysts recommending between $43.13 and $22.63.
Revenue Estimates
According to 36 analysts, the current quarter’s revenue is expected to be $22.78B. It ranges from a high estimate of $25B to a low estimate of $22.01B. As of the current estimate, NVIDIA Corp’s year-ago sales were $6.52BFor the next quarter, 36 analysts are estimating revenue of $24.68B. There is a high estimate of $27.46B for the next quarter, whereas the lowest estimate is $23.25B.
A total of 51 analysts have provided revenue estimates for NVDA’s current fiscal year. The highest revenue estimate was $126.41B, while the lowest revenue estimate was $95.8B, resulting in an average revenue estimate of $104.15B. In the same quarter a year ago, actual revenue was $56.67BBased on 48 analysts’ estimates, the company’s revenue will be $130.56B in the next fiscal year. The high estimate is $188.26B and the low estimate is $103.57B.
