Nvidia's Shield "is the most powerful streaming TV set-top box ever made, The Wall Street Journal reports. Compared to Roku's Roku, Apple (AAPL)'s Apple TV, more than 5.1% increasing, Amazon.com (AMZN)'s Fire TV and Google (GOOGL)'s Nexus Player, it can stream 4K videos and play videogames.
Particularly, the key part of the Shield is the grid, as the publication said it's like a Netflix (NFLX) for videogames. While it's free for the time being, the visual computing company will begin to charge its users a monthly fee for access to a growing number of console-level games starting next month, according to the Journal.
The Shield starts at $200 with 16GB of storage.
Separately, TheStreet Ratings team rates NVIDIA CORP as a Buy with a ratings score of A-. TheStreet Ratings Team has this to say about their recommendation:
"We rate NVIDIA CORP (NVDA) a BUY. This is based on the convergence of positive investment measures, which should help this stock outperform the majority of stocks that we rate. The company's strengths can be seen in multiple areas, such as its revenue growth, largely solid financial position with reasonable debt levels by most measures, reasonable valuation levels, good cash flow from operations and expanding profit margins. We feel its strengths outweigh the fact that the company has had sub par growth in net income."
Highlights from the analysis by TheStreet Ratings Team goes as follows:
- NVDA's revenue growth has slightly outpaced the industry average of 0.8%. Since the same quarter one year prior, revenues slightly increased by 4.4%. This growth in revenue does not appear to have trickled down to the company's bottom line, displaying stagnant earnings per share.
- The current debt-to-equity ratio, 0.31, is low and is below the industry average, implying that there has been successful management of debt levels. Along with this, the company maintains a quick ratio of 5.94, which clearly demonstrates the ability to cover short-term cash needs.
- Net operating cash flow has significantly increased by 62.89% to $246.00 million when compared to the same quarter last year. The firm also exceeded the industry average cash flow growth rate of 20.26%.
- The gross profit margin for NVIDIA CORP is rather high; currently it is at 61.42%. It has increased from the same quarter the previous year. Regardless of the strong results of the gross profit margin, the net profit margin of 11.64% trails the industry average.
- You can view the full analysis from the report here: NVDA Ratings Report