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The closing price of NVIDIA Corp (NASDAQ: NVDA) was $139.56 for the day, down -2.81% from the previous closing price of $143.59. In other words, the price has decreased by -$2.81 from its previous closing price. On the day, 283.86 million shares were traded. NVDA stock price reached its highest trading level at $142.43 during the session, while it also had its lowest trading level at $137.46.
Ratios:
Our analysis of NVDA’s different ratios will help us gain a deeper understanding of the company. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 98.37 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 73.17. 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, BofA Securities on October 18, 2024, Reiterated its Buy rating but revised its target price to $190 from $165 previously.
On October 11, 2024, Goldman reiterated its Buy rating and also lowered its target price recommendation from $135 to $150.
Insider Transactions:
Also, insider trades can serve as a great indicator of what management thinks about the future direction of a stock’s price. 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 3423406653440 and an Enterprise Value of 3398621724672. As of this moment, NVIDIA’s Price-to-Earnings (P/E) ratio for their current fiscal year is 65.52, and their Forward P/E ratio for the next fiscal year is 34.31. The expected Price-to-Earnings-to-Growth (PEG) calculation for the next 5 years is 1.86. For the stock, the TTM Price-to-Sale (P/S) ratio is 35.55 while its Price-to-Book (P/B) ratio in mrq is 58.94. Its current Enterprise Value per Revenue stands at 35.289 whereas that against EBITDA is 55.548.
Stock Price History:
Over the past 52 weeks, NVDA has reached a high of $144.42, while it has fallen to a 52-week low of $39.23. The 50-Day Moving Average of the stock is 12.98%, while the 200-Day Moving Average is calculated to be 37.10%.
Shares Statistics:
NVDA traded an average of 323.48M shares per day over the past three months and 254594450 shares per day over the past ten 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 0.78, 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
With its trailing 12-month dividend rate of 0.022, NVDA has a forward annual dividend rate of 0.03. Against a Trailing Annual Dividend Yield of 0.00015321402The stock’s 5-year Average Dividend Yield is 0.1.
