$1.64 EPS Expected for NVIDIA Corporation (NVDA)

July 14, 2018 - By Elizabeth Jones

NVIDIA Corporation (NASDAQ:NVDA) LogoInvestors sentiment decreased to 1.2 in 2018 Q1. Its down 0.01, from 1.21 in 2017Q4. It worsened, as 65 investors sold NVIDIA Corporation shares while 328 reduced holdings. 142 funds opened positions while 328 raised stakes. 357.39 million shares or 1.72% less from 363.65 million shares in 2017Q4 were reported.
Zacks Invest holds 41,806 shares or 0.22% of its portfolio. Hsbc Holdg Public Limited Co owns 1.33M shares or 0.46% of their US portfolio. Roosevelt Invest Grp Inc Inc invested in 0.37% or 16,793 shares. Family Firm accumulated 1,970 shares. Dnb Asset Management As stated it has 0% of its portfolio in NVIDIA Corporation (NASDAQ:NVDA). Baldwin Brothers Ma stated it has 300 shares or 0.01% of all its holdings. Freestone Cap Hldgs Ltd Liability Company has 1,014 shares. Ssi Inv Mngmt, California-based fund reported 1,498 shares. Stifel Financial Corp has 0.14% invested in NVIDIA Corporation (NASDAQ:NVDA). Moreover, Hl Fincl Ser Ltd Liability has 0.13% invested in NVIDIA Corporation (NASDAQ:NVDA). Kbc Grp Nv has invested 0.62% in NVIDIA Corporation (NASDAQ:NVDA). Kings Point Cap Mngmt holds 106 shares or 0.01% of its portfolio. 5,053 are held by Checchi Advisers Lc. Fifth Third Retail Bank holds 19,143 shares or 0.03% of its portfolio. Atria Invs Lc has 0.15% invested in NVIDIA Corporation (NASDAQ:NVDA).

Since February 12, 2018, it had 0 insider purchases, and 13 insider sales for $90.31 million activity. Puri Ajay K sold $11.23 million worth of NVIDIA Corporation (NASDAQ:NVDA) on Tuesday, May 29. $229,042 worth of NVIDIA Corporation (NASDAQ:NVDA) shares were sold by Kress Colette. The insider SEAWELL A BROOKE sold 21,029 shares worth $5.57 million. On Friday, March 2 the insider Byron Michael sold $23,496. $1.13M worth of stock was sold by Drell Persis on Wednesday, March 28. GAITHER JAMES C had sold 40,359 shares worth $9.91M on Thursday, February 15.

Analysts expect NVIDIA Corporation (NASDAQ:NVDA) to report $1.64 EPS on August, 9.They anticipate $0.72 EPS change or 78.26 % from last quarter’s $0.92 EPS. NVDA’s profit would be $995.48 million giving it 38.01 P/E if the $1.64 EPS is correct. After having $1.88 EPS previously, NVIDIA Corporation’s analysts see -12.77 % EPS growth. The stock decreased 0.76% or $1.91 during the last trading session, reaching $249.32. About 5.67M shares traded. NVIDIA Corporation (NASDAQ:NVDA) has risen 80.30% since July 14, 2017 and is uptrending. It has outperformed by 67.73% the S&P500.

NVIDIA Corporation (NASDAQ:NVDA) Ratings Coverage

Among 20 analysts covering Nvidia (NASDAQ:NVDA), 16 have Buy rating, 0 Sell and 4 Hold. Therefore 80% are positive. Nvidia had 35 analyst reports since January 15, 2018 according to SRatingsIntel. Rosenblatt maintained the stock with “Buy” rating in Friday, May 11 report. Evercore maintained NVIDIA Corporation (NASDAQ:NVDA) rating on Wednesday, April 4. Evercore has “Buy” rating and $27500 target. Bernstein maintained the stock with “Buy” rating in Thursday, February 8 report. The rating was maintained by B. Riley & Co with “Buy” on Friday, February 9. RBC Capital Markets maintained NVIDIA Corporation (NASDAQ:NVDA) on Monday, May 7 with “Buy” rating. The rating was upgraded by Barclays Capital on Thursday, May 3 to “Overweight”. Citigroup maintained NVIDIA Corporation (NASDAQ:NVDA) rating on Friday, February 9. Citigroup has “Buy” rating and $270 target. SunTrust maintained NVIDIA Corporation (NASDAQ:NVDA) on Tuesday, March 27 with “Buy” rating. The stock of NVIDIA Corporation (NASDAQ:NVDA) has “Buy” rating given on Friday, May 11 by Goldman Sachs. The stock of NVIDIA Corporation (NASDAQ:NVDA) earned “Overweight” rating by Barclays Capital on Friday, May 11.

NVIDIA Corporation operates as a visual computing firm worldwide. The company has market cap of $151.34 billion. It operates in two divisions, GPU and Tegra Processor. It has a 41.44 P/E ratio. The GPU segment offers processors, which include GeForce for PC gaming; GeForce NOW for cloud game-streaming service; Quadro for design professionals working in computer-aided design, video editing, special effects, and other creative applications; Tesla for deep learning, accelerated computing, and general purpose computing; and GRID for cloud visual computing users.

More notable recent NVIDIA Corporation (NASDAQ:NVDA) news were published by: Thestreet.com which released: “Doubting Nvidia’s Future Is Dumb” on July 01, 2018, also Seekingalpha.com with their article: “Nvidia: Buyback Surprise Coming?” published on July 05, 2018, Thestreet.com published: “Nvidia Just Lost $13 Billion in Market Value for No Good Reason” on June 27, 2018. More interesting news about NVIDIA Corporation (NASDAQ:NVDA) were released by: Nasdaq.com and their article: “Should You Buy Nvidia (NVDA) Stock Right Now?” published on July 06, 2018 as well as Seekingalpha.com‘s news article titled: “Nvidia, No Edge” with publication date: July 02, 2018.

NVIDIA Corporation (NASDAQ:NVDA) Institutional Positions Chart

Receive News & Ratings Via Email - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings with our FREE daily email newsletter.