The stocks of NVDA have been scheduled for a split on the 20th of July where the split was 4-1- seemingly announced on the 20th of July. The shares- recently issued- will be payable to major shareholders after the market closes.
The Quarterly Report Of NVDA
The stocks of NVDA traded on Friday at $758.65. The market cap of the firm is $472.64 billion, with an 89.78 PE ratio, along with a 3.49 PEG ratio. The debt-to-equity ratio of the company is 0.32, with a 4.03 quick ratio and a 4.53 current ratio. The moving average price of the company over a period of 50 days is $695.99. The year low of the company is $391.08, with an $835 year high.
NVDA previously announced its quarterly earnings on the 25th of May. The maker of computer hardware reported an EPS of $3.66, which was more than the consensus estimate of $3.28. The return on equity of 37.98%, with a 27.66% net margin. The revenue generated by the company during this period was $5.66 billion, which was more than the consensus estimate of $5.40 billion.
There have been quite a few research equities that have commented on the stocks of NVDA. BMO Capital Markets has already increased the price target of the company from $750 to $1000 with a rating of outperform in a 1st July research report. KeyCorp has also increased the price target of the company from $775 to $950 with a rating of overweight in a 6th July research report.
Barclays has also increased the price target of the company from $600 to $650 with a rating of overweight in a 13th April research report. In the end, Wells Fargo decided to put up a price target of $875 with a rating of overweight in a 23rd June research report.
Three investment analysts have already put up a rating of hold for the company, while twenty-nine others have issued the company a rating of buy. Currently, NVDA has a buy rating with a $721.37 price target.
