The stocks of NVDA have already produced their earnings guidance of 2022- which they did last Wednesday. The company also came out with its EPS for the next period. The revenue earnings were set between a benchmark of $6.17 – $6.43 billion- with the consensus estimate coming around $5.50 billion.
The Quarterly Reports Of NVDA
There have been quite a few research analysts that have commented on the stocks of NVDA. JPMorgan Chase & Co has already increased the price target of the company from $605 to $660 with a rating of overweight in a 3rd March research report. BMO Capital Markets has already increased the price target of the company from $650 to $680 with a rating of outperform in a 22nd February research report.
Needham & Company LLC has also increased the price target of the company from $700 to $800 with a rating of buy in a 3rd March research report. Robert W. Baird has also issued a rating of outperform with a price target of $800 in a 10th May research report.
Five of the investment analysts have already given the stocks a rating of hold, while twenty-seven analysts have issued a rating of buy. One of the investment analysts provided the company with a rating of strong buy. Currently, NVDA has a buy rating with a $640.97 price target.
The stocks of NVDA traded on Wednesday at $2.09. The moving average price of the company over a period of 50 days is $593.09, with the moving average price of the company over a period of 200 days set at $549.98.
The market cap of the firm is $390.86 billion, with a 90.88 PE ratio, and a 3.65 PEG ratio, and a 1.38 beta. The current ratio of the company is 4.09, with a 3.63 quick ratio, with a 3.05 debt-to-equity ratio. The year low of the company is $319.87, with the year high of $648.57.
NVDA previously posted its quarterly results on the 23rd of February. The maker of computer hardware reported an EPS of $3.10, which was more than the consensus estimate of $2.81. The return on equity for the company is 34.54%, with a 25.98% net margin. The revenue generated by the company is $5 billion, with the consensus estimate of $4.83 billion.
