NVIDIA Corporation (NASDAQ:NVDA) shares traded 2.24% during the most recent session the stock exchanged hands 7.69M shares versus average trading capacity of 13.50M shares, yielding a market cap of $62.60B. Wall Street analysts covering the stock are projecting that the stock will reach $109.97 within the next 52-weeks. The mean target projections are based on 33 opinions, the mean target was last revised on 04/05/17.
Taking a broader look brokerage firms’ analysts on the street with an expectant view have NVIDIA Corporation (NASDAQ:NVDA) high price target of $145.00 and with a conservative view have low price target of $38.00 with a standard deviation of $18.87. If seeing target price from optimistic overview then it has a 39 percent upside potential from the latest closing price of $106.64.
NVIDIA Corporation (NASDAQ:NVDA) received “Reiterated” rating by Canaccord Genuity in a research note issued to investors on Apr-05-17 as Buy from $130 to $125.
Additionally on Apr-04-17 NVIDIA Corporation (NASDAQ:NVDA) was “Downgraded” by Pacific Crest from Sector Weight to Underweight and on Mar-31-17 the stock was “Initiated” by Macquarie as Neutral at $110. Furthermore on Feb-23-17 the stock was “Downgraded” by Instinet from Buy to Reduce.
On the other hand the company has Relative Strength Index (RSI 14) of 61.80 along with Average True Range (ATR 14) of 2.36, Consequently NVIDIA Corporation (NASDAQ:NVDA) weekly and monthly volatility is 2.02%, 2.22% respectively. The company’s beta value is at 1.20.
In terms of Buy, Sell or Hold recommendations, NVIDIA Corporation (NASDAQ:NVDA) has an analysts’ mean recommendation of 2.30. This is according to a simplified 1 to 5 scale where 1 represents a Strong Buy and 5 a Strong Sell.
Analysts who have weighed in on projected earnings growth are expecting that NVIDIA Corporation (NASDAQ:NVDA) will report earnings of $0.67 for the current quarter on or around 5/9/2017 After Market Close, however the company’s high EPS estimates are $0.82 and low estimates are $0.55. However the company reported $0.33 earnings per share for the same quarter during last year.
Previously NVIDIA Corporation (NASDAQ:NVDA) reported $0.99 earnings per share (EPS) for the quarter on 2/9/2017 After Market Close, beating the consensus estimate of $0.83 by $0.16. The company posted an earnings surprise of 19.28%.
While considering growth estimates of the company, it has next quarter growth estimates of 55.00% whereas during current quarter it has 103.00% estimations over growth, comparing to the estimations of 11.30% during current year and 17.10% for next year. Past 5 years growth of NVIDIA Corporation (NASDAQ:NVDA) observed at 29.53%, looking forward for the next 5 years it has a strong prediction of 11.67% over growth.
NVIDIA Corporation (NASDAQ:NVDA) revenue estimates for the current quarter are $1.91B according to 28 number of analysts, for the current quarter the company has high revenue estimates of $1.94B in contradiction of low revenue estimates of $1.9B. For the current year the company’s revenue estimates are $8.04B compared to low analyst estimates of $7.6B and high estimates of $8.65B according 33 number of analysts.
Currently NVIDIA Corporation (NASDAQ:NVDA) shares owned by insiders are 0.60%, whereas shares owned by institutional owners are 76.10%. However the six-month change in the insider ownership was recorded -14.82%, as well as three-month change in the institutional ownership was recorded -0.37%.
NVIDIA Corporation (NASDAQ:NVDA) trading -11.70% away from its 52 week high of $120.77 and +212.24% far from the stock’s low point over the past 52 weeks, which was $34.15. The stock hit its 52-week high on 02/07/17, and 52-week low on 05/04/16. The company’s trailing twelve month income is 1.67B dollars and is paying 0.53% dividend yield annually.
NVIDIA Corporation (NASDAQ:NVDA) trailing twelve month revenues are $6.91B, whereas its price to sales ratio for the same period is 9.29. Its book value per share for the most recent quarter is $10.36 while its price to book ratio for the same period is 10.29, as for as the company’s cash per share for the most recent quarter is $11.29, however its price to cash per share ratio for the same period is 9.45. The stock has a current PEG ratio of 3.64 where as its trailing twelve month P/E ratio is 42.49.