The pursuit of market outperformance leads investors to the practice of hand-picking stocks. Skillful choices can be a catalyst for significant wealth enhancement.
In the latest session, NVIDIA Corp (NASDAQ: NVDA) closed at $134.29 down -2.33% from its previous closing price of $137.49. In other words, the price has decreased by -$2.33 from its previous closing price. On the day, 154.91 million shares were traded. NVDA stock price reached its highest trading level at $138.07 during the session, while it also had its lowest trading level at $133.8316.
Ratios:
For a deeper understanding of NVIDIA Corp’s stock, let’s take a closer look at its various ratios. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 83.46 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 56.81. For the most recent quarter (mrq), Quick Ratio is recorded 3.64 and its Current Ratio is at 4.10. In the meantime, Its Debt-to-Equity ratio is 0.16 whereas as Long-Term Debt/Eq ratio is at 0.15.
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, Wells Fargo on November 21, 2024, Reiterated its Overweight rating but revised its target price to $185 from $165 previously.
On November 21, 2024, Truist reiterated its Buy rating and also lowered its target price recommendation from $167 to $169.
The Benchmark Company reiterated its Buy rating for the stock on November 21, 2024, while the target price for the stock was revised from $170 to $190.
Insider Transactions:
Additionally, insider trades can be beneficial to investors who want to learn what the management thinks about stock prices in the future. A recent insider transaction in this stock occurred on Dec 16 ’24 when COXE TENCH sold 1,000,000 shares for $131.26 per share. The transaction valued at 131,263,863 led to the insider holds 28,671,360 shares of the business.
COXE TENCH bought 1,000,000 shares of NVDA for $134,250,000 on Dec 16 ’24. On Dec 13 ’24, another insider, Kress Colette, who serves as the EVP & Chief Financial Officer of the company, sold 66,670 shares for $135.40 each. As a result, the insider received 9,027,318 and left with 3,351,572 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 3288761892864 and an Enterprise Value of 3553896693760. As of this moment, NVIDIA’s Price-to-Earnings (P/E) ratio for their current fiscal year is 52.90, and their Forward P/E ratio for the next fiscal year is 30.34. The expected Price-to-Earnings-to-Growth (PEG) calculation for the next 5 years is 1.51. For the stock, the TTM Price-to-Sale (P/S) ratio is 28.36 while its Price-to-Book (P/B) ratio in mrq is 49.94. Its current Enterprise Value per Revenue stands at 36.902 whereas that against EBITDA is 58.085.
Stock Price History:
Over the past 52 weeks, NVDA has reached a high of $152.89, while it has fallen to a 52-week low of $47.32. The 50-Day Moving Average of the stock is -4.00%, while the 200-Day Moving Average is calculated to be 13.94%.
Shares Statistics:
For the past three months, NVDA has traded an average of 223.13M shares per day and 194417810 over the past ten days. A total of 24.51B shares are outstanding, with a floating share count of 23.51B. Insiders hold about 3.99% of the company’s shares, while institutions hold 65.30% stake in the company. Shares short for NVDA as of 1730332800 were 246400791 with a Short Ratio of 1.25, compared to 1727654400 on 251090067. Therefore, it implies a Short% of Shares Outstanding of 246400791 and a Short% of Float of 1.05.
Dividends & Splits
The stock’s 5-year Average Dividend Yield is 0.09.
