Somewhat Favorable Press Coverage Somewhat Unlikely to Affect NVIDIA (NVDA) Stock Price

News coverage about NVIDIA (NASDAQ:NVDA) has trended somewhat positive recently, according to Accern. The research firm rates the sentiment of media coverage by monitoring more than 20 million news and blog sources in real-time. Accern ranks coverage of public companies on a scale of -1 to 1, with scores nearest to one being the most favorable. NVIDIA earned a news impact score of 0.12 on Accern’s scale. Accern also gave news headlines about the computer hardware maker an impact score of 45.5501278407249 out of 100, indicating that recent media coverage is somewhat unlikely to have an effect on the company’s share price in the next several days.

These are some of the news headlines that may have effected Accern Sentiment’s scoring:

NVIDIA (NVDA) traded down $1.10 on Monday, reaching $222.98. 8,983,142 shares of the company’s stock were exchanged, compared to its average volume of 14,334,522. The company has a quick ratio of 7.42, a current ratio of 8.26 and a debt-to-equity ratio of 0.31. The stock has a market cap of $135,130.00, a P/E ratio of 55.75, a price-to-earnings-growth ratio of 5.19 and a beta of 1.18. NVIDIA has a 1 year low of $95.17 and a 1 year high of $226.27.

NVIDIA (NASDAQ:NVDA) last posted its quarterly earnings data on Thursday, November 9th. The computer hardware maker reported $1.33 earnings per share (EPS) for the quarter, topping the Zacks’ consensus estimate of $0.94 by $0.39. The firm had revenue of $2.64 billion for the quarter, compared to the consensus estimate of $2.36 billion. NVIDIA had a net margin of 28.78% and a return on equity of 42.71%. The business’s revenue for the quarter was up 31.5% compared to the same quarter last year. During the same period in the previous year, the firm earned $0.94 EPS. sell-side analysts forecast that NVIDIA will post 4.19 EPS for the current fiscal year.

A number of research firms have recently weighed in on NVDA. BidaskClub upgraded shares of NVIDIA from a “buy” rating to a “strong-buy” rating in a research note on Thursday. Zacks Investment Research downgraded shares of NVIDIA from a “strong-buy” rating to a “hold” rating in a research report on Monday. Sanford C. Bernstein reiterated an “outperform” rating on shares of NVIDIA in a research report on Saturday, September 23rd. SunTrust Banks reiterated a “buy” rating and set a $200.00 target price (up from $181.00) on shares of NVIDIA in a research report on Monday, October 2nd. Finally, Craig Hallum reiterated a “buy” rating and set a $200.00 target price on shares of NVIDIA in a research report on Saturday, September 23rd. Four research analysts have rated the stock with a sell rating, fourteen have assigned a hold rating, twenty-three have assigned a buy rating and one has given a strong buy rating to the company’s stock. The company presently has a consensus rating of “Buy” and an average price target of $192.04.

In other NVIDIA news, Director A Brooke Seawell sold 1,029 shares of NVIDIA stock in a transaction on Monday, November 20th. The shares were sold at an average price of $214.10, for a total transaction of $220,308.90. Following the transaction, the director now directly owns 1,029 shares of the company’s stock, valued at approximately $220,308.90. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this hyperlink. Also, Director Persis Drell sold 606 shares of NVIDIA stock in a transaction on Wednesday, December 20th. The stock was sold at an average price of $197.07, for a total transaction of $119,424.42. Following the transaction, the director now directly owns 26,104 shares in the company, valued at $5,144,315.28. The disclosure for this sale can be found here. Insiders have sold a total of 19,858 shares of company stock worth $4,227,384 over the last ninety days. Insiders own 5.17% of the company’s stock.

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NVIDIA Company Profile

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.

Insider Buying and Selling by Quarter for NVIDIA (NASDAQ:NVDA)

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