Media coverage about NVIDIA (NASDAQ:NVDA) has been trending somewhat positive on Saturday, according to Accern Sentiment Analysis. Accern identifies negative and positive media coverage by analyzing more than twenty million blog and news sources. Accern ranks coverage of publicly-traded companies on a scale of negative one to one, with scores nearest to one being the most favorable. NVIDIA earned a coverage optimism score of 0.09 on Accern’s scale. Accern also gave press coverage about the computer hardware maker an impact score of 45.9048986892096 out of 100, meaning that recent media coverage is somewhat unlikely to have an impact on the stock’s share price in the near term.
Here are some of the news stories that may have effected Accern’s rankings:
NVIDIA (NVDA) opened at $233.52 on Friday. NVIDIA has a one year low of $95.17 and a one year high of $249.27. The firm has a market cap of $137,410.00, a P/E ratio of 58.38, a price-to-earnings-growth ratio of 5.02 and a beta of 1.43. The company has a current ratio of 8.26, a quick ratio of 7.42 and a debt-to-equity ratio of 0.31.
NVIDIA (NASDAQ:NVDA) last posted its quarterly earnings results on Thursday, November 9th. The computer hardware maker reported $1.33 EPS for the quarter, beating the Zacks’ consensus estimate of $0.94 by $0.39. NVIDIA had a net margin of 28.78% and a return on equity of 42.71%. The firm had revenue of $2.64 billion for the quarter, compared to analysts’ expectations of $2.36 billion. During the same quarter in the prior year, the company posted $0.94 earnings per share. The business’s revenue for the quarter was up 31.5% on a year-over-year basis. equities research analysts expect that NVIDIA will post 4.19 EPS for the current fiscal year.
Several research firms have recently weighed in on NVDA. Oppenheimer reaffirmed a “hold” rating on shares of NVIDIA in a report on Sunday, November 5th. Bank of America reiterated a “buy” rating and issued a $275.00 target price (up from $251.00) on shares of NVIDIA in a research report on Friday, January 19th. B. Riley reiterated a “buy” rating and issued a $270.00 target price on shares of NVIDIA in a research report on Monday, January 8th. Jefferies Group upped their price target on shares of NVIDIA from $230.00 to $240.00 and gave the company a “buy” rating in a research report on Friday, November 10th. Finally, Barclays upped their price target on shares of NVIDIA from $200.00 to $225.00 and gave the company an “equal weight” rating in a research report on Friday, November 10th. Five investment analysts have rated the stock with a sell rating, thirteen have issued a hold rating, twenty-three have given a buy rating and one has given a strong buy rating to the company’s stock. The company presently has a consensus rating of “Hold” and a consensus target price of $196.08.
In related news, Director Persis Drell sold 606 shares of the firm’s stock in a transaction that occurred on Wednesday, December 20th. The shares were sold at an average price of $197.07, for a total value of $119,424.42. Following the sale, the director now owns 26,104 shares in the company, valued at $5,144,315.28. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available at the SEC website. Also, CFO Colette Kress sold 171 shares of the firm’s stock in a transaction that occurred on Thursday, December 14th. The stock was sold at an average price of $185.57, for a total transaction of $31,732.47. The disclosure for this sale can be found here. In the last quarter, insiders have sold 19,858 shares of company stock worth $4,227,384. Corporate insiders own 5.82% of the company’s stock.
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Nvidia Corporation focuses on personal computer (PC) graphics, graphics processing unit (GPU) and also on artificial intelligence (AI). The Company’s operates through two segments: GPU and Tegra Processor. The Company’s GPU product brands are aimed at specialized markets, including GeForce for gamers; Quadro for designers; Tesla and DGX for AI data scientists and big data researchers; and GRID for cloud-based visual computing users.
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