Goldman Sachs Group Inc Reaffirms Buy Rating for NVIDIA Co. (NVDA)

Xavier Trudeau
Mai 19, 2017

Oppenheimer Holdings Inc. reissued a "market perform" rating on shares of NVIDIA in a research note on Wednesday, January 11th. The stock has dropped -6.07% from its peak and the consensus price target for the stock is $118.03 a share. A recommendation of 1 or 2 would represent a consensus Buy.

Paloma Partners Management Company increased Nvidia Corp (NVDA) stake by 1072.53% reported in 2016Q4 SEC filing.

Several other institutional investors have also made changes to their positions in NVDA. Mascoma Wealth Management LLC bought a new stake in NVIDIA during the fourth quarter worth $154,000. Quadrant Capital Group LLC boosted its stake in NVIDIA by 17.5% in the first quarter. Cornerstone Advisors Inc. boosted its stake in NVIDIA by 52.2% in the third quarter. Wolverine Asset Ltd Liability Co stated it has 0.02% in Oracle Corporation (NYSE:ORCL). Miles Capital Inc. increased its position in shares of NVIDIA by 1.1% in the first quarter. Sumitomo Mitsui Asset Management Company LTD now owns 380,235 shares of the computer hardware maker's stock valued at $26,053,000 after buying an additional 333,965 shares during the period. In the same quarter past year, the company reported EPS of $1.9.

NVIDIA Corporation (NVDA) has a 52-week high of $34.41 and a 52-week low of $40.25. (NASDAQ:NVDA) traded up 2.447% on Thursday, hitting $130.845. Equities analysts predict that NVIDIA will post $3.08 earnings per share for the current fiscal year. NVIDIA Co. The company has a market cap of $77.46 billion, a PE ratio of 43.922 and a beta of 1.31. Latest closing price was -48.62% downbeat to its 50-day moving average and below -97.48% to its 200-day moving average.

NVIDIA (NASDAQ:NVDA) last issued its earnings results on Tuesday, May 9th. The high and low revenue estimates for the current quarter are $1.98 Billion and $1.85 Billion, respectively. NVIDIA had a net margin of 23.82% and a return on equity of 34.13%. NVIDIA's revenue was up 48.7% compared to the same quarter past year. During the same period in the prior year, the business earned $0.46 earnings per share. On average, analysts anticipate that NVIDIA Co. will post $3.08 EPS for the current year.

The company also recently declared a quarterly dividend, which will be paid on Wednesday, June 14th. Now it is offering a dividend yield of 0.41% and a 5 year dividend growth rate of 0.00%.

Dividends is a reward scheme, that a company presents to its shareholders. There is a large variety of Financial Ratios that can be considered while making an investment decision but here in the case of NVIDIA Corporation (NVDA), we will discuss a few.

ILLEGAL ACTIVITY WARNING: This report was first posted by The Cerbat Gem and is the property of of The Cerbat Gem. If you are accessing this piece on another site, it was illegally copied and reposted in violation of United States and global trademark and copyright legislation. The correct version of this report can be accessed at This number is based on the research by University of Rochester professor Robert Novy-Marx. The share price is trading in a range of $133.36 - 137.44. Analyst's mean target price for NVDA is $109.97 while analysts mean recommendation is 2.50. Deutsche Bank maintained it with "Hold" rating and $51 target in Friday, August 12 report. NVIDIA Corporation was covered by a number of analysts recently, 9 rated the stock as Buy, 10 rated Outperform, 13 rated Hold, 5 gave an Underperform and 0 rated sell. The company has a consensus rating of Hold and a consensus price target of $107.23. $3.69 million worth of NVIDIA Corporation (NASDAQ:NVDA) shares were sold by HUANG JEN HSUN. HALL EUGENE A sold $6.20 million worth of stock or 61,181 shares. Following the completion of the transaction, the insider now directly owns 159,442 shares in the company, valued at approximately $16,277,433.78. The sale was disclosed in a legal filing with the SEC, which can be accessed through this hyperlink. Following last close company's stock, is -4.43% below their SMA 50 and -12.74% below the 52-week high. The shares were sold at an average price of $129.48, for a total transaction of $6,474,000.00. The disclosure for this sale can be found here.

The company is expected to report earnings of $0.69 a share for the next quarter. Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for NVIDIA Co. and related companies with's FREE daily email newsletter.

NVIDIA Company Profile Nvidia Corporation focuses on personal computer (PC) graphics, graphics processing unit (GPU) and also on artificial intelligence (AI).

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