![]() Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. You can find more information on all of these metrics, and much more, on. Our research shows that the top 50% rated industries outperform the bottom half by a factor of 2 to 1. The Zacks Industry Rank includes is listed in order from best to worst in terms of the average Zacks Rank of the individual companies within each of these sectors. This group has a Zacks Industry Rank of 187, putting it in the bottom 26% of all 250+ industries. The Semiconductor - General industry is part of the Computer and Technology sector. NVDA's industry had an average PEG ratio of 1.72 as of yesterday's close. This popular metric is similar to the widely-known P/E ratio, with the difference being that the PEG ratio also takes into account the company's expected earnings growth rate. Its industry sports an average Forward P/E of 10.53, so we one might conclude that Nvidia is trading at a premium comparatively.Īlso, we should mention that NVDA has a PEG ratio of 2.85. In terms of valuation, Nvidia is currently trading at a Forward P/E ratio of 34.95. Meanwhile, our latest consensus estimate is calling for revenue of $5.99 billion, down 15.73% from the prior-year quarter.įor the full year, our Zacks Consensus Estimates are projecting earnings of $3.50 per share and revenue of $27.46 billion, which would represent changes of -21.17% and +2.03%, respectively, from the prior year. On that day, Nvidia is projected to report earnings of $0.74 per share, which would represent a year-over-year decline of 36.75%. Nvidia will be looking to display strength as it nears its next earnings release. Heading into today, shares of the maker of graphics chips for gaming and artificial intelligence had lost 12.32% over the past month, lagging the Computer and Technology sector's loss of 11.76% and the S&P 500's loss of 9.52% in that time. Elsewhere, the Dow lost 1.71%, while the tech-heavy Nasdaq lost 0.02%. This change was narrower than the S&P 500's 1.51% loss on the day. ![]() Next Day Volume - Average Next Day Volume is 25,852,971 and Average Daily. ![]() So, Historical price reaction suggests 62 probability for share price to go UP following ER. Following Earnings result, share price were UP 31 times out of last 50 Qtrs. Nvidia (NVDA) closed the most recent trading day at $121.39, moving -0.66% from the previous trading session. Below table tells us that how NVDA has been historically reacting after Earnings Announcement (EA).
0 Comments
Leave a Reply. |