For its second fiscal quarter (ending July 31), NVIDIA Corporation (NASDAQ: NVDA) has reported E.P.S. of $0.68 compared to $2.50 a year ago. For the latest four quarters through July 31, E.P.S. were $2.15 compared to $4.17 a year ago.
Recent Price Action
NVIDIA Corporation (NASDAQ: NVDA) stock closed at $125.61 on 8/28/24 after a decline of -2.1%. Moreover, above average trading volume at 125% of normal accompanied the decline. The stock has declined -1.3% during the last week but has been exceptionally strong relative to the market over the last nine months.
Current PriceTarget Research Rating
With future capital returns forecasted to exceed the cost of capital, NVDA is expected to continue to be a major Value Builder.
NVIDIA has a current Value Trend Rating of A (Highest Rating). The Value Trend Rating reflects complementary signals from PTR’s two proprietary measures of a stock’s attractiveness. NVIDIA has a slightly positive Appreciation Score of 67 and a very high Power Rating of 99, producing the Highest Value Trend Rating.
Rating Review
In light of this new information we are reviewing our current Overall Rating of A. This review will be completed in the next several days.
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