After finishing at $903.56 in the prior trading day, NVIDIA Corp (NASDAQ: NVDA) closed at $903.63, up 0.01%. In other words, the price has increased by $+0.07 from its previous closing price. On the day, 45106541 shares were traded.
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 86.94 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 83.60. 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, UBS on March 22, 2024, Reiterated its Buy rating but revised its target price to $1100 from $800 previously.
On March 21, 2024, TD Cowen reiterated its Outperform rating and also lowered its target price recommendation from $900 to $1100.
Mizuho reiterated its Buy rating for the stock on March 07, 2024, while the target price for the stock was revised from $850 to $1000.
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 Mar 28 ’24 when STEVENS MARK A sold 11,000 shares for $905.65 per share. The transaction valued at 9,962,150 led to the insider holds 1,074,833 shares of the business.
Dabiri John sold 128 shares of NVDA for $120,320 on Mar 25 ’24. The Director now owns 2,055 shares after completing the transaction at $940.00 per share. On Mar 22 ’24, another insider, Robertson Donald F Jr, who serves as the Principal Accounting Officer of the company, sold 450 shares for $911.62 each. As a result, the insider received 410,229 and left with 49,815 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 2.26T and an Enterprise Value of 2.24T. As of this moment, NVIDIA’s Price-to-Earnings (P/E) ratio for their current fiscal year is 75.70, and their Forward P/E ratio for the next fiscal year is 30.24. The expected Price-to-Earnings-to-Growth (PEG) calculation for the next 5 years is 2.00. For the stock, the TTM Price-to-Sale (P/S) ratio is 37.08 while its Price-to-Book (P/B) ratio in mrq is 51.81. Its current Enterprise Value per Revenue stands at 36.84 whereas that against EBITDA is 63.07.
Stock Price History:
Over the past 52 weeks, NVDA has reached a high of $974.00, while it has fallen to a 52-week low of $262.20. The 50-Day Moving Average of the stock is 769.35, while the 200-Day Moving Average is calculated to be 535.58.
Shares Statistics:
The stock has traded on average 53.75M shares per day over the past 3-months and 56.13M shares per day over the last 10 days, according to various share statistics. 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 67.15% stake in the company. Shares short for NVDA as of Mar 15, 2024 were 30.32M with a Short Ratio of 0.56, compared to 28.14M on Feb 15, 2024. Therefore, it implies a Short% of Shares Outstanding of 1.21% and a Short% of Float of 1.26%.
Dividends & Splits
In the trailing 12 months, NVDA’s forward annual dividend rate was 0.16, compared to 0.16 this year. Against a Trailing Annual Dividend Yield of 0.02%, it implies a Forward Annual Dividend Yield of 0.02%. The 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 Mar 27, 2024 with an ex-dividend date of Mar 05, 2024. Stock splits for the company last occurred on Jul 20, 2021 when the company split stock in a 4:1 ratio.
Earnings Estimates
Its stock is currently analyzed by 34 different market analysts. On average, analysts expect EPS of $5.51 for the current quarter, with a high estimate of $6.12 and a low estimate of $5.32, while EPS last year was $0.98. The consensus estimate for the next quarter is $5.84, with high estimates of $6.61 and low estimates of $5.48.
Analysts are recommending an EPS of between $30 and $19.43 for the fiscal current year, implying an average EPS of $24.44. EPS for the following year is $30.37, with 40 analysts recommending between $41.88 and $23.51.
Revenue Estimates
35 analysts predict $24.35B in revenue for the current quarter. It ranges from a high estimate of $26.87B to a low estimate of $23.66B. As of the current estimate, NVIDIA Corp’s year-ago sales were $6.52B, an estimated increase of 273.70% from the year-ago figure.
A total of 50 analysts have provided revenue estimates for NVDA’s current fiscal year. The highest revenue estimate was $134.04B, while the lowest revenue estimate was $94.13B, resulting in an average revenue estimate of $110.61B. In the same quarter a year ago, actual revenue was $56.4B, up 96.10% from the average estimate. Based on 46 analysts’ estimates, the company’s revenue will be $136.29B in the next fiscal year. The high estimate is $199.32B and the low estimate is $111.34B. The average revenue growth estimate for next year is up 23.20% from the average revenue estimate for this year.
