December 19, 2018

Nvidia beats Q3 expectations as data center sales climbs

10 November 2017, 01:51 | Austin Hogan

Nvidia beats Q3 expectations as data center sales climbs

What Wall Street Thinks Of Nvidia's Huge Quarter

Evercore Wealth Management LLC now owns 765 shares of the computer hardware maker's stock valued at $110,000 after purchasing an additional 206 shares in the last quarter. A falling ROA is nearly always a problem, but investors and analysts should also know that the ROA does not account for outstanding liabilities and may signpost a greater profit level than actually derived. Evercore Wealth Management LLC raised its holdings in shares of NVIDIA Corporation by 36.9% during the second quarter. Another trade for 2,500 shares valued at $325,048 was sold by Drell Persis.

NVIDIA Corporation is the worldwide leader in graphics processors and media communications devices. NVIDIA Corporation (NASDAQ:NVDA) has noticeable measure of stock volatility, for this average true range is an exponential moving average (14 trading days) of the True Ranges. Inc. now owns 822 shares of the computer hardware maker's stock valued at $119,000 after purchasing an additional 6 shares in the last quarter. Needham & Company LLC restated a "buy" rating on shares of NVIDIA Corporation in a report on Friday, August 11th. Corporations that acquires a higher P/E ratio are usually growth stocks. The stock of NVIDIA Corporation (NASDAQ:NVDA) has "Buy" rating given on Monday, October 16 by Mizuho. Overall, 12.98 Million shares exchanged hands versus its average trading volume of 15.37 Million shares. Nvidia Corp. has a one year low of $24.75 and a one year high of $96.62.

When thinking about a potential stock's performance, there are a number of indicators that can help us understand the company's financial health. The company has a debt-to-equity ratio of 0.33, a quick ratio of 6.99 and a current ratio of 7.82.

NVIDIA Corporation (NASDAQ:NVDA) reported its EPS in the last quarter as $0.92/Share beating the analyst estimate of $0.7/Share by a difference of $0.22.

For the third quarter, the analyst projects datacenter will see an 88% year-over-year rise in sales, as well as roughly 8% quarter-over-quarter gains thanks to the new Volta GPU ramp. More interesting news about NVIDIA Corporation (NASDAQ:NVDA) were released by: and their article: "Nvidia: Government Hovers Over A Major Revenue Stream" published on October 23, 2017 as well as's news article titled: "Nvidia Corporation Stock Isn't Bulletproof, But It Might Be Close" with publication date: October 30, 2017. Revenue rose 32 percent, to $2.64 billion.

DIG Hamid Shakeel martyred in Quetta blast
The anti-state Pakistani Taliban claimed credit for plotting Thursday's deadly attack in Quetta, capital of Baluchistan province. The government will not bow down before terrorists, Zehri was quoted as saying by the local media.

High expectations as NE set to host first GST meet
The GST Council is also set to consider steps to ease the compliance burden for traders and businesses. Penalty on delayed GST returns filing could also be reduced to Rs 50 from Rs 100, sources said.

NCAAB: LiAngelo Ball out on bail
Earlier this week, LaVar told reporters that the situation "ain't that big a deal," but has been uncharacteristically quiet since. UCLA coach Steve Alford said he will leave the three players out for this weekend's game against Georgia Tech in Shanghai.

On a similar note, analysts expect EPS of $0.52 in December 2017 quarter and $0.31 in March 2018 quarter, representing -1.89% and 6.9% growth, respectively.

COPYRIGHT VIOLATION NOTICE: This article was first posted by TrueBlueTribune and is the sole property of of TrueBlueTribune. If you are reading this piece of content on another domain, it was copied illegally and reposted in violation of United States & worldwide copyright and trademark law. Further, analysts have a 12 month target price of $172.08 on company shares. Nvidia Corporation had 157 analyst reports since August 3, 2015 according to SRatingsIntel. Oppenheimer Holdings, Inc. reissued a "hold" rating on shares of NVIDIA Corporation in a research note on Sunday.

The consensus analysts recommendation at this point stands at 2.40 for NVIDIA Corporation.

Investor reaction was muted, as shares were down in immediate after-hours trading by less than 1 percent and then up a fraction a little later. "Ultimately, through all this investigation into the company's performance the analyst decides whether their stock is a "buy", sell" or hold". The stock was sold at an average price of $171.01, for a total value of $69,943.09. The shares were sold at an average price of $68.75, for a total value of $5,881,631.25. The transaction was disclosed in a filing with the SEC, which is available through this link. Also, Director Tench Coxe sold 50,000 shares of the stock in a transaction that occurred on Monday, September 18th.

Nvidia released its third-quarter earnings after the bell Thursday. The disclosure for this sale can be found here. The institutional investor held 5,880 shares of the semiconductors company at the end of 2017Q2, valued at $850,000, up from 2,790 at the end of the previous reported quarter. The company operates in the Technology sector with a market capitalization of 123.84 Million.

Other News

Trending Now

Josh Gordon's goal 'to be best wide receiver of all time'
Gordon can attend team meetings and is eligible to start practicing with the Browns on November 20. Gordon said he had a one-on-one meeting Tuesday with Browns coach Hue Jackson .

LinkedIn can now help you build a better resume in Word
Furthermore, job applications on LinkedIn have increased 40 percent year-over-year, signaling increased competition for jobs. Look out for more updates in the coming months.

Star Wars Battlefront 2 lays out its FREE DLC Plans
EA has outlined four weeks of planned content, dubbed The Last Jedi Season , following the release of Star Wars Battlefront 2 . Instead, "Johnson will introduce new characters from a corner of the galaxy that Star Wars lore has never before explored".

Self-Driving Bus Crashes Less Than Two Hours After Debut
Navya has a fleet of 50 autonomous shuttle buses deployed worldwide, and says that it has carried over 200,000 passengers so far. Las Vegas police Officer Aden Ocampo-Gomez said the truck reversed until one of its tyres hit the front of the shuttle .

Raids on over 180 premises: Dhinakaran cries "conspiracy"
The Times of India reported that a team of 10 Income Tax officials entered the Jaya TV office at around 6 am. Opposition leader and the working president of the Dravida Munnetra Kazhagam (DMK) M.K.

Kentucky posts its highest-ever NCAA graduation rate
Four of Baylor's sport programs earned a flawless GSR score of 100, including men's golf, women's golf, soccer and women's tennis. This is the 13th year that the NCAA has calculated data for the GSR and the Wolf Pack's rate has risen nine times in that span.

WhatsApp App Download Free But a Fake App Once Mimicked It
These tips include app cache and large, downloaded, and duplicate files, as well as how much storage would be freed. Called Files Go , the app apparently can transfer files between devices wirelessly without an internet connection.

Microsoft 'not leaving current players behind — Xbox One X
But at the same time, playing the unenhanced and enhanced titles back to back, most of the adjustments were subtle. For Games & Apps, chances are you'll want to go as high-definition as your television will allow you to go.

United Kingdom iPhone users lose out on newest iOS Apple Pay feature
It's essentially what was promised when Apple first announced the idea this past June: iOS users can text money to each other. We have covered the iOS 11.1 keyboard autocorrect issue which has been plaguing a vast number of users.

OnePlus 5T set to cost same as predecessor
Previously, OnePlus has finally confirmed that it will be launching the much-rumoured successor of its OnePlus 5 on November 16 . According to Lau, the company prefers dash charge because of the stability, reliability, and safety of power.