Vetr’s price target would suggest a potential upside of 4.13% from the company’s current price. (NASDAQ:NVDA) traded down 0.10% during midday trading on Monday, hitting $62.98. The company recent traded volume was lower than its average volume of 9.53 million shares. The stock has a market cap of $33.63 billion and a P/E ratio of 41.38.
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Nvidia Corp. (NASDAQ:NVDA) last posted its quarterly earnings data on Thursday, August 11th. The computer hardware maker reported $0.53 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.37 by $0.16. The difference between Actual EPS and Estimated EPS was $0.03/share. Sell-side firms often use different terminology for their ratings so this scale provides a simple consensus number.
Accounts receivables for the year ended 2016-04-30 were $-17 millions and for the quarter ended 2016-04-30 were $-17 millions. This is based on analysts one year projections on the stock. Stockholders of record on Thursday, August 25th will be given a $0.115 dividend. This represents a $0.46 dividend on an annualized basis and a dividend yield of 0.73%. 14,332,617 shares of the stock were exchanged. The stock was sold at an average price of $58.66, for a total value of $2,346,400.00. The transaction was disclosed in a filing with the SEC, which is available at this hyperlink. Also, Director Mark A. Stevens sold 150,000 shares of the firm’s stock in a transaction on Tuesday, May 24th. The Company holds 534.00 million shares outstanding. The disclosure for this sale can be found here. NVIDIA has been the topic of 50 analyst reports since August 18, 2015 according to StockzIntelligence Inc.
As per the research groups listed in Thomson Reuters survey, NVIDIA Corporation (NASDAQ:NVDA), the stock can touch mean price target of $64.06 in coming period. On the other hand, downticks amounted to $3.25 million of the traded value, which shows distribution in the stock by traders. The stock has an average rating of “Hold” and an average target price of $53.12. Company shares were Upgraded by RBC Capital Mkts on Aug 12, 2016 to ” Outperform”, Firm has raised the Price Target to $ 72 from a previous price target of $47.Company shares were Reiterated by Barclays on Aug 12, 2016 to “Underweight”, Firm has raised the Price Target to $ 54 from a previous price target of $40.Company shares were Reiterated by Mizuho on Aug 12, 2016 to “Buy”, Firm has raised the Price Target to $ 66 from a previous price target of $60. Finally, B. Riley reaffirmed a “buy” rating and issued a $44.00 price objective on shares of Nvidia Corp.in a research note on Monday, May 9th. Based on 20 analysts polled in the last 3 months by TipRanks, 11 rate a Buy on NVIDIA Corporation, 7 maintain a Hold, while 2 issue a Sell. Finally, Canaccord Genuity lifted their target price on Nvidia Corp.to $70.00 and gave the stock a “buy” rating in a research report on Friday.
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Several large investors have recently modified their holdings of NVDA. LMR Partners LLP boosted its position in shares of Nvidia Corp.by 94.9% in the second quarter. Norges Bank purchased a new stake in shares of Nvidia Corp. during the fourth quarter worth about $169,615,000.
