NVIDIA (NASDAQ:NVDA) posted its quarterly earnings data on Thursday. The computer hardware maker reported $1.72 EPS for the quarter, beating the Zacks’ consensus estimate of $1.16 by $0.56, Bloomberg Earnings reports. The business had revenue of $2.91 billion during the quarter, compared to analysts’ expectations of $2.67 billion. NVIDIA had a return on equity of 47.44% and a net margin of 31.36%. The business’s revenue was up 34.0% compared to the same quarter last year. During the same period in the previous year, the business earned $1.13 earnings per share.

NVIDIA (NASDAQ NVDA) opened at $232.08 on Friday. NVIDIA has a 12 month low of $95.17 and a 12 month high of $249.27. The company has a market capitalization of $150,050.00, a price-to-earnings ratio of 48.05, a PEG ratio of 4.53 and a beta of 1.43. 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 firm also recently declared a quarterly dividend, which will be paid on Friday, March 16th. Stockholders of record on Friday, February 23rd will be paid a $0.15 dividend. This represents a $0.60 annualized dividend and a dividend yield of 0.26%. The ex-dividend date of this dividend is Thursday, February 22nd. NVIDIA’s dividend payout ratio (DPR) is presently 12.42%.

NVDA has been the subject of a number of recent analyst reports. Oppenheimer reaffirmed a “hold” rating on shares of NVIDIA in a research note on Sunday, November 5th. Bank of America reaffirmed a “buy” rating and issued a $275.00 price target (up from $251.00) on shares of NVIDIA in a research note on Friday, January 19th. B. Riley reaffirmed a “buy” rating and issued a $270.00 price target on shares of NVIDIA in a research note on Monday, January 8th. Jefferies Group lifted their price target on NVIDIA from $230.00 to $240.00 and gave the stock a “buy” rating in a research note on Friday, November 10th. Finally, Barclays lifted their price target on NVIDIA from $200.00 to $225.00 and gave the stock an “equal weight” rating in a research note on Friday, November 10th. Four analysts have rated the stock with a sell rating, thirteen have given a hold rating, twenty-four have issued a buy rating and one has assigned a strong buy rating to the company. NVIDIA has a consensus rating of “Buy” and a consensus price target of $210.67.

In other news, Director A Brooke Seawell sold 1,029 shares of the company’s stock in a transaction on Monday, November 20th. The stock was sold at an average price of $214.10, for a total value of $220,308.90. Following the transaction, the director now owns 1,029 shares of the company’s stock, valued at approximately $220,308.90. The sale was disclosed in a filing with the SEC, which is accessible through the SEC website. Also, Director Dawn E. Hudson sold 15,000 shares of the company’s stock in a transaction on Monday, November 13th. The shares were sold at an average price of $213.44, for a total value of $3,201,600.00. Following the completion of the transaction, the director now directly owns 46,868 shares in the company, valued at approximately $10,003,505.92. The disclosure for this sale can be found here. In the last ninety days, insiders sold 19,858 shares of company stock worth $4,227,384. Corporate insiders own 5.82% 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.

Earnings History for NVIDIA (NASDAQ:NVDA)

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