NVIDIA moved -1.2% this afternoon session, trading between a high of $439.66 and a low of $430.03 per share. Yesterday the stock finished at $439.66 per share, compared to an average analyst target price of $623.76.
NVIDIA Corporation provides graphics, and compute and networking solutions in the United States, Taiwan, China, and internationally. The large-cap semiconductors company is based in the United States, and over the last twelve months it has returned a dividend yield of 0.0%. NVIDIA has trailing twelve months earnings per share (EPS) of 4.13, which at today's prices amounts to a price to earnings (P/E) ratio of 105.2.
Based on its expected future earnings growth, the company has a price to earnings growth (PEG) ratio of 0.52. Usually a PEG ratio between 0 and 1 indicates a potentially undervalued company.
Overview of the Company's Gross Margins:
| Date Reported | Revenue ($ k) | Cost of Revenue ($ k) | Gross Margins (%) | YoY Growth (%) |
|---|---|---|---|---|
| 2023-02-24 | 26,974,000 | -11,618,000 | 56 | -13.85 |
| 2022-03-18 | 26,914,000 | -9,439,000 | 65 | 4.84 |
| 2021-02-26 | 16,675,000 | -6,279,000 | 62 | 0.0 |
| 2020-02-20 | 10,918,000 | -4,150,000 | 62 | 1.64 |
| 2019-02-21 | 11,716,000 | -4,545,000 | 61 | 1.67 |
| 2018-02-28 | 9,714,000 | -3,892,000 | 60 |
At 61.0%, NVIDIA's average gross margins are wider than the 54.23% average of its industry peer group, which suggests that the firm might have a competitive advantage.
