Impressive 14.83% Performance of NVIDIA Corp (NVDA) Last Month - News Daemon

NVIDIA Corp (NVDA) stock price rose 6.43% to $495.12. Annual sales grew by 25.63% and 267.13% in earnings per share.

NVIDIA Corp (NASDAQ: NVDA) began trading on January 8, 2024, at $495.12, representing a 6.43% increase from the previous trading day. Throughout the day, the stock reached a high of $522.75 and a low of $494.79 before closing at $490.97. Over the past 52 weeks, NVDA has traded within a range of $140.34 to $505.48.

The company, operating within the technology sector, has experienced a 25.63% growth in annual sales over the past five years, with an average annual earnings per share of 267.13%. With a float of $2.37 billion, the company now has 2.47 billion outstanding shares.

Assessing the company's performance, NVIDIA Corp, which employs 26,196 individuals, demonstrates a gross margin of +56.93, an operating margin of +20.68, and a pretax margin of +15.50.

Examining the involvement of large-scale investors in the Semiconductors Industry, it is noted that the insider ownership of NVIDIA Corp stands at 4.07%, while institutional ownership is at 67.59%. Recent insider transactions include an EVP selling 20,000 shares at a rate of $500.04 and a Company Director selling 10,200 shares for $490.20, resulting in the insider owning 969,231 shares in total.

In the latest quarterly report, released on 10/30/2023, the organization reported earnings per share (EPS) of $4.02, surpassing the consensus estimate of $3.37 by $0.65. The company achieved a net margin of +16.19 and a return on equity of 17.93. Wall Street market experts anticipate earnings of $4.71 per share for the next fiscal year.

According to Wall Street analysts, stocks earnings are expected to reach 267.13% per share during the next fiscal year.

Current performance indicators for NVIDIA Corp (NVDA) include a quick ratio of 3.06 and a price to sales ratio of 28.76 for the trailing twelve months. Additionally, its price to free cash flow for the trailing twelve months is 73.69.

The company's diluted EPS (Earnings per Share) for the trailing twelve months is 7.57, with a forecast of 4.49 in the next quarter and an anticipated 20.72 in one year's time.

NVDA's 5-day average volume stands at 41.92 million, marking a positive change from its year-to-date volume. The stock's Stochastic %D was 63.75% over the previous 9 days, with an Average True Range of 13.73.

Over the past 100 days, NVIDIA Corp's (NVDA) raw stochastic average was 99.83%, indicating a significant increase. The stock showed a historical volatility of 35.67% in the past 14 days, lower than the 35.71% volatility displayed in the past 100 days.

As of the time of writing, the stock's 50-day Moving Average is $473.48, and its 200-day Moving Average is $411.74. Resistance levels for the stock are $531.92, $541.32, and $559.88, with support levels at $503.96, $485.40, and $476.00.

With a Market Capitalization of $1290.65 billion and a total of 2,470,000K Shares Outstanding, NVIDIA Corp has annual sales of 26,974 M and annual income of 4,368 M. Last quarter sales were recorded at 18,120 M, with last quarter income at 9,243 M.