Value gained By NVIDIA Corporation (NVDA) In The Past Week: $140.31

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NVIDIA Corporation (NASDAQ:NVDA) finished Thursday with a subtraction of -$7.0 to close at $125.61, a downside of -5.28 percent. An average of 66,641,883 shares of common stock have been traded in the last five days. There was a fall of -$3.68 in the past week, and it reached a new high 15 times over the past 12 months. The last 20 days have seen an average of 64,328,039 shares traded, while the 50-day average volume stands at 56,450,262.

NVDA stock has decreased by -26.89% in the last month. The company shares reached their 1-month lowest point of $124.28 on 09/22/22. With the stock rallying to its 52-week high on 01/03/22, shares of the company touched a low of $126.17 and a high of $346.47 in 52 weeks. It has reached a new high 1 time so far this year and lost -57.29% or -$168.50 in price. In spite of this, the price is down -63.75% from the 52-week high.


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Insider Transactions

22 days have passed since NVIDIA Corporation (NVDA) last reported insider trading activity. Dabiri John, who is Director, most recently acquired $945 shares at $142.06 per share on Sep 01. In this transaction, the insider spent $134,247. Director, STEVENS MARK A, disposed of 113,800 shares at a price of $158.10 on Jun 14. The insider now owns more than $17,991,780 worth of shares. Prior to that, Director STEVENS MARK A went on to Sale 113,850 shares at $158.03 each on Jun 13. An amount of $17,991,658 was transacted.

Valuation Metrics

NVIDIA Corporation (NVDA) has a trailing price-to-earnings (P/E) ratio of 41.18. The stock’s beta is 1.71. Other valuation ratios to consider include the trailing price-to-sales (P/S) ratio at 10.30, the price-to-book (PB) ratio at 13.14, and the price-to-cash flow ratio at 52.26.

The company has a payout ratio of 5.20%. The company’s most recent quarterly dividend payment was $0.04 a share, without any change from last year. Its latest increase dividend $0.0025 reported on Friday February 15 2019.

Financial Health

The quick ratio of NVIDIA Corporation for the three months ended July 30 was 3.10, and the current ratio was 3.60, indicating that the company is able to meet its debt obligations. Further, the company has a long term debt to equity ratio of 0.41 and a total debt to equity ratio of 0.46 for the quarter ending July 30. Its gross profit as reported stood at $17.48 billion compared to revenue of $26.91 billion.

Earnings Surprise

For the three-month period that ended July 30, NVIDIA Corporation had $14.02 billion in cash and short-term investments compared to $9.7 billion in total debt. In the quarter under review, the net income was down than the previous quarter. The company posted a net income of $656.0 million in the quarter, while revenues of $1.62 billion were shrunk -261.89%. The analyst consensus anticipated NVIDIA Corporation’s latest quarter earnings to come in at $1.25 per share, but it turned out to be $0.51, a -59.20% surprise. For the quarter, EBITDA amounted to $877.0 million. Shareholders own equity worth $2.49 billion.

Technical Picture

From a technical analysis perspective, let’s take a brief look at NVIDIA Corporation (NVDA) price momentum. RSI 9-day as of the close on 22 September was 27.34%, suggesting the stock is oversold, with historical volatility in this time frame at 56.63%.

As of today, NVDA’s price is $131.16 -2.85% or -$3.68 from its 5-day moving average. NVDA is currently trading -27.06% lower than its 20-day SMA and -32.27% lower than its 100-day SMA. However, the stock’s current price level is -17.17% below the SMA50 and -58.18% below the SMA200.

The stochastic %K and %D were 19.59% and 21.19%, respectively, and the average true range (ATR) was 6.91. With the 14-day stochastic at 6.28% and the average true range at 7.21, the RSI (14) stands at 30.78%. The stock has reached -2.53 on the 9-day MACD Oscillator while the 14-day reading was at -4.63.

Analyst Ratings

Stifel launched coverage on NVIDIA Corporation (NASDAQ: NVDA) in its analyst report released on September 08, 2022. The firm assigned the stock a Hold rating. The consensus rating for NVIDIA Corporation (NVDA) among analysts is Overweight. According to current brokerage recommendations, 1 brokerage firm advise that investors sell NVDA, while 11 suggest investors hold. There are 0 analysts who rate the stock as underweight. The stock is rated overweight by 4 analysts, while 27 others rate it as a “buy”.

What is NVDA’s price target for the next 12 months?

Analysts predict a range of price targets between $110.00 and $325.00, with a median target of $205.00. Taking a look at these predictions, the average price target given by analysts for NVIDIA Corporation (NVDA) stock is $202.00.

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