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After finishing at $117.00 in the prior trading day, NVIDIA Corp (NASDAQ: NVDA) closed at $118.85, up 1.58%. In other words, the price has increased by $1.58 from its previous closing price. On the day, 211.26 million shares were traded. NVDA stock price reached its highest trading level at $119.38 during the session, while it also had its lowest trading level at $115.14.
Ratios:
Our goal is to gain a better understanding of NVDA by taking a closer look at its different ratios. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 83.78 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 62.31. 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.
On August 29, 2024, Needham reiterated its Buy rating and also lowered its target price recommendation from $120 to $145.
Goldman reiterated its Buy rating for the stock on August 19, 2024, and also maintained the target price at $135.
Insider Transactions:
The insider trade also gives investors a glimpse into the future direction of stock prices, which can be beneficial to investors. A recent insider transaction in this stock occurred on Sep 27 ’24 when STEVENS MARK A sold 40,000 shares for $121.01 per share. The transaction valued at 4,840,356 led to the insider holds 8,380,117 shares of the business.
STEVENS MARK A sold 165,100 shares of NVDA for $20,021,429 on Sep 24 ’24. The Director now owns 8,420,117 shares after completing the transaction at $121.27 per share. On Sep 24 ’24, another insider, STEVENS MARK A, who serves as the Shareholder of the company, bought 3,000,000 shares for $116.26 each.
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 2915390455808 and an Enterprise Value of 2890605527040. As of this moment, NVIDIA’s Price-to-Earnings (P/E) ratio for their current fiscal year is 55.80, and their Forward P/E ratio for the next fiscal year is 29.44. The expected Price-to-Earnings-to-Growth (PEG) calculation for the next 5 years is 1.06. For the stock, the TTM Price-to-Sale (P/S) ratio is 30.27 while its Price-to-Book (P/B) ratio in mrq is 50.20. Its current Enterprise Value per Revenue stands at 30.014 whereas that against EBITDA is 47.244.
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 2.65%, while the 200-Day Moving Average is calculated to be 25.05%.
Shares Statistics:
The stock has traded on average 325.04M shares per day over the past 3-months and 284459890 shares per day over the last 10 days, according to various share statistics. 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 65.60% stake in the company. Shares short for NVDA as of 1726185600 were 275330404 with a Short Ratio of 0.85, compared to 1723680000 on 293539007. Therefore, it implies a Short% of Shares Outstanding of 275330404 and a Short% of Float of 1.17.
Dividends & Splits
In the trailing 12 months, NVDA’s forward annual dividend rate was 0.022, compared to 0.03 this year. Against a Trailing Annual Dividend Yield of 0.00018803419The stock’s 5-year Average Dividend Yield is 0.1.
