“NVIDIA Corporation (NVDA) has been reiterated by TheStreet Ratings as a hold with a ratings score of C . The company’s strengths can be seen in multiple areas, such as its revenue growth, largely solid financial position with reasonable debt levels by most measures and attractive valuation levels. However, as a counter to these strengths, we also find weaknesses including disappointing return on equity, weak operating cash flow and a generally disappointing performance in the stock itself.”
,” the firm’s analyst wrote.
NVIDIA opened at 12.731 on Friday. NVIDIA has a 52-week low of $11.15 and a 52-week high of $16.32. The stock’s 50-day moving average is currently $12.38. The company has a market cap of $7.895 billion and a price-to-earnings ratio of 14.15.
The company also recently declared a quarterly dividend, which is scheduled for Thursday, March 21st. Shareholders of record on Thursday, February 28th will be given a dividend of $0.08 per share. This represents a $0.30 dividend on an annualized basis and a yield of 2.36%. The ex-dividend date of this dividend is Tuesday, February 26th.
Other equities research analysts have also recently issued reports about the stock. Analysts at Wedbush cut their price target on shares of NVIDIA from $17.00 to $16.50 in a research note to investors on Thursday, February 14th. Separately, analysts at Deutsche Bank cut their price target on shares of NVIDIA from $14.00 to $13.00 in a research note to investors on Thursday, February 14th. They now have a hold rating on the stock. Finally, analysts at BMO Capital Markets cut their price target on shares of NVIDIA from $13.00 to $12.00 in a research note to investors on Thursday, February 14th. They now have a market perform rating on the stock.
Eight research analysts have rated the stock with a buy rating, two have given an overweight rating, twenty-four have given a hold rating, and one has given a sell rating to the company’s stock. The company has an average rating of hold and an average price target of $14.32.
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