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As of close of business last night, NVIDIA Corp’s stock clocked out at $127.25, down -2.12% from its previous closing price of $130.00. In other words, the price has decreased by -$2.12 from its previous closing price. On the day, 292.45 million shares were traded. NVDA stock price reached its highest trading level at $129.88 during the session, while it also had its lowest trading level at $125.89.
Ratios:
To gain a deeper understanding of NVDA’s stock, we examine its different ratios. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 99.57 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 79.58. For the most recent quarter (mrq), Quick Ratio is recorded 3.14 and its Current Ratio is at 3.53. In the meantime, Its Debt-to-Equity ratio is 0.23 whereas as Long-Term Debt/Eq ratio is at 0.20.
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 August 19, 2024, Reiterated its Buy rating and also kept its target price maintained to $135.
TD Cowen reiterated its Buy rating for the stock on July 15, 2024, while the target price for the stock was revised from $140 to $165.
Insider Transactions:
Investing in insider trades can also provide an investor with insight into how management views future stock prices. A recent insider transaction in this stock occurred on Aug 09 ’24 when HUANG JEN HSUN sold 120,000 shares for $104.83 per share. The transaction valued at 12,579,661 led to the insider holds 76,614,995 shares of the business.
HUANG JEN HSUN sold 120,000 shares of NVDA for $12,336,253 on Aug 08 ’24. The President and CEO now owns 76,734,995 shares after completing the transaction at $102.80 per share. On Aug 09 ’24, another insider, HUANG JEN HSUN, who serves as the Officer of the company, bought 120,000 shares for $104.83 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 3130133839872 and an Enterprise Value of 3110149029888. As of this moment, NVIDIA’s Price-to-Earnings (P/E) ratio for their current fiscal year is 74.44, and their Forward P/E ratio for the next fiscal year is 33.63. The expected Price-to-Earnings-to-Growth (PEG) calculation for the next 5 years is 1.61. For the stock, the TTM Price-to-Sale (P/S) ratio is 39.24 while its Price-to-Book (P/B) ratio in mrq is 63.67. Its current Enterprise Value per Revenue stands at 38.987 whereas that against EBITDA is 63.118.
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 5.60%, while the 200-Day Moving Average is calculated to be 50.74%.
Shares Statistics:
It appears that NVDA traded 374.59M shares on average per day over the past three months and 330865420 shares per day over the past ten days. A total of 24.64B shares are outstanding, with a floating share count of 23.59B. Insiders hold about 4.11% of the company’s shares, while institutions hold 65.47% stake in the company. Shares short for NVDA as of 1722384000 were 275196949 with a Short Ratio of 0.73, compared to 1719532800 on 300415949. Therefore, it implies a Short% of Shares Outstanding of 275196949 and a Short% of Float of 1.17.
Dividends & Splits
With its trailing 12-month dividend rate of 0.016, NVDA has a forward annual dividend rate of 0.13. Against a Trailing Annual Dividend Yield of 0.00012307693The stock’s 5-year Average Dividend Yield is 0.11.
