Nvidia on track for record sales according analysts

Based on the analyst expectation both the revenue and the net profit would be on the highest levels in years. For the current book year the analysts expect a total revenue of 6,1 billion dollars. The expectations would mean a record revenue for the company. This is quite more than the revenue over 2015 of 5,01 billion dollars.

Historical revenues and results Nvidia plus taxations 2016

For 2016 the analysts expect a record net profit of 1,14 billion dollars. For this year most of the analysts expect a profit per share of 1,84 dollars. Based on this the price/earnings-ratio equals 34,04.

The consensus of the dividend per share is at 0,47 cents. The dividend yield consequently equals 0,75 percent. The average dividend of the hardware & equipment company equals an attractive percent.

Most recent target prices around 47 dollars

The stock Nvidia is being covered by 3 fundamental analysts. The average target price for the stock is at 47,33 dollars. This is around 25 percent less than the current stock price of 62,64 dollars. The three most recent recommendations for the American company were provided by Canacord Adams (buy, 60,00 dollars), Goldman Sachs (buy, 54,00 dollars) and Morgan Stanley (hold, 28,00 dollars).

Based on the number of outstanding shares Nvidia 's market capitalization equals 33,7 billion dollars.

The stock closed last Thursday at 62,64 dollars.

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