Market Recap Check: NVIDIA Corp (NVDA)’s Positive Finish at 135.72, Up/Down 3.13

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The price of NVIDIA Corp (NASDAQ: NVDA) closed at $135.72 in the last session, up 3.13% from day before closing price of $131.60. In other words, the price has increased by $3.13 from its previous closing price. On the day, 263.07 million shares were traded. NVDA stock price reached its highest trading level at $136.62 during the session, while it also had its lowest trading level at $131.58.

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 95.67 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 71.16. For the most recent quarter (mrq), Quick Ratio is recorded 3.79 and its Current Ratio is at 4.27. In the meantime, Its Debt-to-Equity ratio is 0.17 whereas as Long-Term Debt/Eq ratio is at 0.17.

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, Goldman on October 11, 2024, Reiterated its Buy rating but revised its target price to $150 from $135 previously.

Needham reiterated its Buy rating for the stock on August 29, 2024, while the target price for the stock was revised from $120 to $145.

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 Oct 09 ’24 when STEVENS MARK A sold 155,000 shares for $132.27 per share. The transaction valued at 20,502,578 led to the insider holds 8,100,117 shares of the business.

STEVENS MARK A sold 125,000 shares of NVDA for $15,325,950 on Oct 03 ’24. The Director now owns 8,255,117 shares after completing the transaction at $122.61 per share. On Sep 27 ’24, another insider, STEVENS MARK A, who serves as the Director of the company, sold 40,000 shares for $121.01 each. As a result, the insider received 4,840,356 and left with 8,380,117 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 3329211498496 and an Enterprise Value of 3304426569728. As of this moment, NVIDIA’s Price-to-Earnings (P/E) ratio for their current fiscal year is 63.72, and their Forward P/E ratio for the next fiscal year is 33.45. The expected Price-to-Earnings-to-Growth (PEG) calculation for the next 5 years is 1.81. For the stock, the TTM Price-to-Sale (P/S) ratio is 34.57 while its Price-to-Book (P/B) ratio in mrq is 57.32. Its current Enterprise Value per Revenue stands at 34.311 whereas that against EBITDA is 54.008.

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 12.94%, while the 200-Day Moving Average is calculated to be 36.38%.

Shares Statistics:

According to the various share statistics, NVDA traded on average about 325.98M shares per day over the past 3-months and 264233160 shares per day over the past 10 days. A total of 24.64B shares are outstanding, with a floating share count of 23.55B. Insiders hold about 3.98% of the company’s shares, while institutions hold 65.62% stake in the company. Shares short for NVDA as of 1727654400 were 251090067 with a Short Ratio of 0.77, compared to 1724976000 on 260873913. Therefore, it implies a Short% of Shares Outstanding of 251090067 and a Short% of Float of 1.0699999999999998.

Dividends & Splits

The forward annual dividend rate for NVDA is 0.10, which was 0.022 in the trailing 12 months. Against a Trailing Annual Dividend Yield of 0.00016717325The stock’s 5-year Average Dividend Yield is 0.1.

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