Who they are:
Nvidia provides graphics chips for use in smartphones, personal computers, tablets and professional workstations markets worldwide. Nvidia trades an average of 12.7 million shares per day and has a market cap of $7.7 Billion.
|Nvidia competes with Intel, AMD and QualComm in providing graphics chips for use in smartphones, personal computers, tablets and professional workstations markets worldwide.|
Book Value: $6.77
Float Short: 2.62%
What to expect:
On average, 28 analysts are expecting a drop of 9 cents in earnings per share compared with last quarter's results of 19 cents, and a drop of 17 cents from the same period last year. The estimated mean earnings are 10 cents per share, dropping over 50% from the same period last year.
From a month ago, the stock has decreased in price -13.64%, and changing from last year at this time -35.46%. When comparing with the S&P 500, the year to date difference is -17.38%. Like many in the tech industry, Nvidia has not fared well and is just slightly above the lows set in October.