Nvidia reported revenues of $6.7 billion in the last reported quarter, representing a year-over-year change of +3%. Last Reported Results and Surprise History The $27.46 billion and $31.4 billion estimates for the current and next fiscal years indicate changes of +2% and +14.4%, respectively. In the case of Nvidia, the consensus sales estimate of $5.99 billion for the current quarter points to a year-over-year change of -15.7%. So, it's important to know a company's potential revenue growth. After all, it's nearly impossible for a company to increase its earnings for an extended period without increasing its revenues. While earnings growth is arguably the most superior indicator of a company's financial health, nothing happens as such if a business isn't able to grow its revenues. Over the last 30 days, this estimate has changed +2.1%.ġ2-month consensus EPS estimate for NVDA _12MonthEPSChartUrl Over the last 30 days, the Zacks Consensus Estimate has changed +7.7%.įor the current fiscal year, the consensus earnings estimate of $3.50 points to a change of -21.2% from the prior year. Nvidia is expected to post earnings of $0.74 per share for the current quarter, representing a year-over-year change of -36.8%. This is why empirical research shows a strong correlation between trends in earnings estimate revisions and near-term stock price movements. A higher fair value than the current market price drives investors' interest in buying the stock, leading to its price moving higher. And if earnings estimates go up for a company, the fair value for its stock goes up.
We essentially look at how sell-side analysts covering the stock are revising their earnings estimates to reflect the impact of the latest business trends. That's because we believe the present value of its future stream of earnings is what determines the fair value for its stock. To read this article on click here.Here at Zacks, we prioritize appraising the change in the projection of a company's future earnings over anything else.
YAHOO NVDA NEW FREE
NVIDIA Corporation (NVDA) : Free Stock Analysis Report
YAHOO NVDA NEW DOWNLOAD
Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. You can find more information on all of these metrics, and much more, on. Our research shows that the top 50% rated industries outperform the bottom half by a factor of 2 to 1. The Zacks Industry Rank includes is listed in order from best to worst in terms of the average Zacks Rank of the individual companies within each of these sectors. This industry currently has a Zacks Industry Rank of 183, which puts it in the bottom 28% of all 250+ industries. The Semiconductor - General industry is part of the Computer and Technology sector. NVDA's industry had an average PEG ratio of 1.82 as of yesterday's close. This popular metric is similar to the widely-known P/E ratio, with the difference being that the PEG ratio also takes into account the company's expected earnings growth rate. Investors should also note that NVDA has a PEG ratio of 2.93 right now. This valuation marks a premium compared to its industry's average Forward P/E of 11.21. In terms of valuation, Nvidia is currently trading at a Forward P/E ratio of 35.93. Nvidia is holding a Zacks Rank of #5 (Strong Sell) right now.
:max_bytes(150000):strip_icc()/nio1-1e1402fa874142e5add8fd06563d8e77.jpg "yahoo nvda new")
Over the past month, the Zacks Consensus EPS estimate has moved 18.15% lower. The Zacks Rank system, which ranges from #1 (Strong Buy) to #5 (Strong Sell), has an impressive outside-audited track record of outperformance, with #1 stocks generating an average annual return of +25% since 1988.
This model considers these estimate changes and provides a simple, actionable rating system. Investors can capitalize on this by using the Zacks Rank. Our research shows that these estimate changes are directly correlated with near-term stock prices. With this in mind, we can consider positive estimate revisions a sign of optimism about the company's business outlook. Recent revisions tend to reflect the latest near-term business trends. These totals would mark changes of -21.17% and +2.03%, respectively, from last year.Īny recent changes to analyst estimates for Nvidia should also be noted by investors.
YAHOO NVDA NEW FULL
Looking at the full year, our Zacks Consensus Estimates suggest analysts are expecting earnings of $3.50 per share and revenue of $27.46 billion.
0 kommentar(er)
