Analyst's Proposition on NVIDIA Corporation (NVDA), Oracle Corporation (ORCL)
Feb 17 2017 by Joanne Wise
ROTH Capital Downgrade its coverage for NVIDIA Corporation (NASDAQ:NVDA) in a note sent to investors on 6-Feb-17. The average and low price target for the stock are $115.82 and $38, respectively.
While looking at the Stock's Performance, NVIDIA Corporation now shows a Weekly Performance of -8.1%, where Monthly Performance is 7.8%, Quarterly performance is 30.52%, 6 Months performance is 74.7% and yearly performance percentage is 297.86%.
In terms of measured performance, we can see that the fund comes in below the S&P 500 (46.94% vs 53.47%) but significantly above the average hedge fund portfolio (at 24.21%). They now have a $100.00 price target on the computer hardware maker's stock, up from their prior price target of $80.00.
Admittedly, though, with a 2018 forward price-to-earnings ratio of 41, Nvidia is no bargain, but momentum stories like these rarely are.
The analyst consensus rating for NVDA on TipRanks is moderate buy although the hedge fund confidence signal reveals a negative hedge fund sentiment with famous fund manager George Soros already dropping his Nvidia position in Q3. Therefore, if NVIDIA Corporation meet or beat analysts' forecasts of earnings, its earnings per share would see an increase of about 100%. Finally, Brean Capital reiterated a "hold" rating on shares of NVIDIA Corporation in a report on Tuesday, January 3rd. (NYSE:UPS)-5 analysts issued Strong buy for the stock, 2 analysts have given a Buy rating, 18 think it's a HOLD, 1 reported it as Underperform, while 0 analyst issued a Sell rating. NVIDIA Corporation has a consensus rating of "Buy" and an average price target of $98.90.
(NASDAQ:AMZN) holdings while completely eradicating his NVIDIA Corporation (NASDAQ:NVDA) holding. The company had Year Ago Sales of 1.3 Billion.
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In the past 6 months, 0 Insider purchases and 17 Insider Sales were made in which 514751 shares were exchanged as Insider Sales. According to their observations and findings, the stock could provide a high EPS of $0.57/share and a Low EPS of $0.46/share.
NVIDIA Corporation (NASDAQ:NVDA) have shown a high EPS growth of 22.20% in the last 5 years and has earnings growth of 180.10% yoy.
NVIDIA Corporation Gross Margin percentage stands at 57.9% while its Operating Margin for trailing twelve month is 31.5 percent and Profit margin (ttm) is 26.8 Percent. The difference between the actual and expected EPS is $0.16 a share with a surprise factor of 19.3%. Citigroup Inc. (NYSE:C), at its latest closing price of $60.38, it has a price-to-book ratio of 0.81, compared to an industry average at 2.25. Compiling all of the recommendations for the firm, NVIDIA Corporation (NASDAQ:NVDA) current has a mean recommendation of 2.08. The ex-dividend date of this dividend is Wednesday, February 22nd. This represents a $0.56 annualized dividend and a yield of 0.51%.
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When we look at the recommendation trends, the stock presently has an average brokerage recommendation of 7. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through the SEC website. Also, Director Tench Coxe sold 50,000 shares of NVIDIA Corporation stock in a transaction on Tuesday, December 27th. Moving averages are used as a strong indicator for technical stock analysis and it helps investors in figuring out where the stock has been and also help in determining where it may be possibly heading. The disclosure for this sale can be found here.
The Stock fell -0.5% and closed its last trading session at $61.29. Capital Guardian Trust Co. raised its stake in NVIDIA Corporation by 0.9% in the fourth quarter. Wetherby Asset Management Inc. raised its stake in NVIDIA Corporation by 0.5% in the fourth quarter. Additionally, Needham Upgrade its ratings on the stock to Buy.
NVIDIA Corporation (NVDA) is slated to announce its fiscal Q1 earnings on Sunday, Nov 05, 2017. Prudential Financial Inc. now owns 807,170 shares of the computer hardware maker's stock valued at $55,307,000 after buying an additional 23,712 shares during the period. Wesbanco Bank Inc. bought a new stake in NVIDIA Corporation during the fourth quarter worth about $205,000.