During the recent session, NVIDIA Corp (NASDAQ:NVDA)’s traded shares were 42.86 million, with the beta value of the company hitting 1.77. At the last check today, the stock’s price was $133.98, reflecting an intraday gain of 2.16% or $2.84. The 52-week high for the NVDA share is $153.13, that puts it down -14.29 from that peak though still a striking 50.55% gain since the share price plummeted to a 52-week low of $66.25. The company’s market capitalization is $3281.11B, and the average intraday trading volume over the past 10 days was 270.86 million shares, and the average trade volume was 244.27 million shares over the past three months.
NVIDIA Corp (NVDA) received a consensus recommendation of Buy from analysts. That translates to a mean rating of 1.36. NVDA has a Sell rating from 2 analyst(s) out of 47 analysts who have looked at this stock. 4 analyst(s) recommend to Hold the stock while 1 suggest Overweight, and 40 recommend a Buy rating for it. 0 analyst(s) has rated the stock Underweight. Company’s earnings per share (EPS) for the current quarter are expected to be 0.85.
NVIDIA Corp (NASDAQ:NVDA) trade information
NVIDIA Corp (NVDA) registered a 2.16% upside in the last session and has traded in the green over the past 5 sessions. The stock spiked 2.16% in intraday trading to $133.98, hitting a weekly high. The stock’s 5-day price performance is 4.12%, and it has moved by 1.68% in 30 days. Based on these gigs, the overall price performance for the year is 85.44%. The short interest in NVIDIA Corp (NASDAQ:NVDA) is 246.4 million shares and it means that shorts have 1.01 day(s) to cover.
The consensus price target of analysts on Wall Street is $175, which implies an increase of 23.44% to the stock’s current value. The extremes of the forecast give a target low and a target high price of $90 and $250 respectively. As a result, NVDA is trading at a discount of -86.6% off the target high and 32.83% off the low.
NVIDIA Corp (NVDA) estimates and forecasts
In the rating firms’ projections, revenue will increase 112.12% compared to the previous financial year.
As companies strive to predict their financial trajectories, we turn our attention to the forthcoming financial quarter. Here are the insights gathered from industry analysts. Revenue for the current quarter is expected to be 38.13B as predicted by 43 analyst(s). Meanwhile, a consensus of 36 analyst(s) estimates revenue growth to 41.93B by the end of current fiscal year. As per earnings report from last fiscal year’s results, sales for the corresponding quarters totaled 22.1B and 26.04B respectively. In this case, analysts expect current quarter sales to grow by 72.49% and then jump by 60.98% in the coming quarter.
An analysis of the company’s performance over the past 5 years shows that the company’s earnings grew an estimated 48.40%. While earnings are projected to return 127.71% in 2025, the next five years will return 61.23% per annum.
NVDA Dividends
NVIDIA Corp is due to release its next quarterly earnings in March. However, it is important to remember that the dividend yield ratio is merely an indicator meant to only serve as guidance. Investors should also take the other fundamental and operational aspects into account before investing in the stock. The forward dividend ratio for NVIDIA Corp is 0.03, with the dividend yield indicating at 0.03 percent, continuing the trend of increasing dividends in recent years. The average dividend yield of the company for the last 5 years is 0.09%.
NVIDIA Corp (NASDAQ:NVDA)’s Major holders
The next largest institutional holding, with 1.84 billion shares, is of BLACKROCK INC.’s that is approximately 7.4706% of outstanding shares. At the market price on 2024-06-30, these shares were valued at $227.22 billion.
Also, the Mutual Funds coming in first place with the largest holdings of NVIDIA Corp (NVDA) shares are Vanguard Total Stock Market Index Fund and Vanguard 500 Index Fund. Data provided on Sep 30, 2024 indicates that Vanguard Total Stock Market Index Fund owns about 740.78 shares. This amounts to just over 3.02 percent of the company’s overall shares, with a $99.84 billion market value. The same data shows that the other fund manager holds slightly less at 644.28, or about 2.63% of the stock, which is worth about $86.83 billion.
