The price-to-earnings ratio for NVIDIA Corp (NASDAQ: NVDA) is above average at 63.26x. The 36-month beta value for NVDA is also noteworthy at 1.66. There are mixed opinions on the stock, with 14 analysts rating it as a “buy,” 7 rating it as “overweight,” 15 rating it as “hold,” and 1 rating it as “sell.”
The public float for NVDA is 23.55B, and at present, short sellers hold a 1.07% of that float. The average trading volume of NVDA on October 11, 2024 was 326.84M shares.
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NVDA) stock’s latest price update
The stock price of NVIDIA Corp (NASDAQ: NVDA) has dropped by -0.06 compared to previous close of 134.81. Despite this, the company has seen a gain of 7.85% in its stock price over the last five trading days. youtube.com reported 2024-10-11 that Nvidia CEO Jensen Huang stops by the Squawk Box set at the Nadsaq MarketSite in Times Square.
NVDA’s Market Performance
NVDA’s stock has risen by 7.85% in the past week, with a monthly rise of 13.09% and a quarterly rise of 4.90%. The volatility ratio for the week is 3.15% while the volatility levels for the last 30 days are 3.46% for NVIDIA Corp The simple moving average for the last 20 days is 9.82% for NVDA’s stock, with a simple moving average of 37.16% for the last 200 days.
Analysts’ Opinion of NVDA
Needham gave a rating of “Buy” to NVDA, setting the target price at $145 in the report published on August 29th of the current year.
NVDA Trading at 13.89% from the 50-Day Moving Average
After a stumble in the market that brought NVDA to its low price for the period of the last 52 weeks, the company was unable to rebound, for now settling with -4.28% of loss for the given period.
Volatility was left at 3.46%, however, over the last 30 days, the volatility rate increased by 3.15%, as shares surge +13.39% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading +23.66% upper at present.
During the last 5 trading sessions, NVDA rose by +8.11%, which changed the moving average for the period of 200-days by +174.04% in comparison to the 20-day moving average, which settled at $122.69. In addition, NVIDIA Corp saw 172.06% in overturn over a single year, with a tendency to cut further gains.
Insider Trading
Reports are indicating that there were more than several insider trading activities at NVDA starting from STEVENS MARK A, who sale 125,000 shares at the price of $122.61 back on Oct 03 ’24. After this action, STEVENS MARK A now owns 8,255,117 shares of NVIDIA Corp, valued at $15,325,950 using the latest closing price.
STEVENS MARK A, the Director of NVIDIA Corp, sale 40,000 shares at $121.01 during a trade that took place back on Sep 27 ’24, which means that STEVENS MARK A is holding 8,380,117 shares at $4,840,356 based on the most recent closing price.
Stock Fundamentals for NVDA
Current profitability levels for the company are sitting at:
- 0.62 for the present operating margin
- 0.76 for the gross margin
The net margin for NVIDIA Corp stands at 0.55. The total capital return value is set at 0.84. Equity return is now at value 123.77, with 78.66 for asset returns.
Based on NVIDIA Corp (NVDA), the company’s capital structure generated 0.13 points at debt to capital in total, while cash flow to debt ratio is standing at 5.59. The debt to equity ratio resting at 0.15. The interest coverage ratio of the stock is 237.38.
Currently, EBITDA for the company is 35.58 billion with net debt to EBITDA at 0.02. When we switch over and look at the enterprise to sales, we see a ratio of 34.4. The receivables turnover for the company is 6.81for trailing twelve months and the total asset turnover is 1.13. The liquidity ratio also appears to be rather interesting for investors as it stands at 4.27.
Conclusion
In summary, NVIDIA Corp (NVDA) has had a better performance as of late. Analysts have mixed opinions on the stock, with some viewing it as a “buy” and others as a “hold”. It is worth mentioning that the stock is currently trading in close proximity to its 50-day moving average and its 52-week high.
