NVIDIA had a net margin of 26.03% and a return on equity of 36.83%. The company had revenue of $6.70 billion for the quarter, compared to analysts’ expectations of $6.70 billion. The computer hardware maker reported $0.51 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $0.56 by ($0.05). NVIDIA ( NASDAQ:NVDA – Get Rating) last announced its quarterly earnings data on Wednesday, August 24th. The stock’s 50 day moving average is $166.02 and its 200 day moving average is $190.39. The firm has a market capitalization of $326.89 billion, a PE ratio of 43.04, a P/E/G ratio of 4.73 and a beta of 1.69. has a twelve month low of $129.13 and a twelve month high of $346.47. The company has a quick ratio of 3.11, a current ratio of 3.62 and a debt-to-equity ratio of 0.41. NASDAQ NVDA opened at $131.28 on Thursday. According to, NVIDIA presently has an average rating of “Moderate Buy” and an average target price of $217.26. One equities research analyst has rated the stock with a sell rating, ten have given a hold rating, twenty-four have assigned a buy rating and one has issued a strong buy rating to the stock. Finally, Truist Financial decreased their price objective on NVIDIA from $216.00 to $198.00 and set a “buy” rating on the stock in a report on Thursday, August 25th. Deutsche Bank Aktiengesellschaft decreased their price objective on NVIDIA from $175.00 to $165.00 and set a “hold” rating on the stock in a report on Thursday, August 25th. Jefferies Financial Group decreased their price objective on NVIDIA from $370.00 to $280.00 in a report on Thursday, August 25th. They noted that the move was a valuation call. Tigress Financial reissued a “buy” rating and set a $310.00 price objective (down from $410.00) on shares of NVIDIA in a report on Friday, July 8th. Credit Suisse Group set a $205.00 price target on NVIDIA in a report on Wednesday, August 31st. NVDA has been the topic of several recent analyst reports. Hedge funds and other institutional investors own 62.58% of the company’s stock. purchased a new stake in shares of NVIDIA in the 4th quarter valued at about $29,000. Clear Perspectives Financial Planning LLC purchased a new stake in shares of NVIDIA in the 1st quarter valued at about $28,000. Roble Belko & Company Inc now owns 104 shares of the computer hardware maker’s stock valued at $28,000 after acquiring an additional 88 shares in the last quarter. Roble Belko & Company Inc raised its holdings in shares of NVIDIA by 550.0% in the 1st quarter. Emerson Wealth LLC purchased a new stake in shares of NVIDIA in the 1st quarter valued at about $27,000. purchased a new stake in shares of NVIDIA in the 4th quarter valued at about $26,000. Capital World Investors’ holdings in NVIDIA were worth $1,713,511,000 at the end of the most recent reporting period.Ī number of other institutional investors have also added to or reduced their stakes in NVDA. The firm owned 6,279,817 shares of the computer hardware maker’s stock after buying an additional 1,739,037 shares during the period. ( NASDAQ:NVDA – Get Rating) by 38.3% during the first quarter, reports. Capital World Investors increased its stake in shares of NVIDIA Co.
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