We're taking a closer look at Novo Nordisk A/S today, as the chatter surrounding the stock has increased notably in the last few weeks. Today, its shares moved 2.0% compared to -1.0% for the S&P 500. Increased investor interest and volatility surrounding the stock are not reason enough to buy in -- you should first perform your own due diligence. Here are some figures that can get you started:
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Novo Nordisk A/S, a healthcare company, engages in the research, development, manufacture, and marketing of pharmaceutical products worldwide.
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NVO has an average analyst rating of buy and is -2.19% away from its mean target price of $187.19 per share
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Its trailing 12 month earnings per share (EPS) is $4.06
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Novo Nordisk A/S has a trailing 12 month Price to Earnings (P/E) ratio of 45.1 while the S&P 500 average is 15.97
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Its forward earnings per share (EPS) is $5.83 and its forward P/E ratio is 31.4
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NVO has a Price to Earnings Growth (PEG) ratio of 86.22, which shows the company is potentially overvalued when we factor growth into the price to earnings calculus.
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The company has a Price to Book (P/B) ratio of 39.48 in contrast to the S&P 500's average ratio of 2.95
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Novo Nordisk A/S is part of the Health Care sector, which has an average P/E ratio of 24.45 and an average P/B of 4.16
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Novo Nordisk A/S has on average reported free cash flows of $44.29 Billion over the last four years, during which time they have grown by an an average of 15.9%