Nve Corporation Stock Today
| NVEC Stock | USD 80.66 1.54 1.87% |
Performance5 of 100
| Odds Of DistressLess than 4
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NVE is trading at 80.66 as of the 18th of April 2024, a -1.87 percent decrease since the beginning of the trading day. The stock's open price was 82.2. NVE has only four percent chance of going through some form of financial distress over the next 2 years but had a somewhat modest performance during the last 90 days. Equity ratings for NVE Corporation are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 29th of April 2022 and ending today, the 18th of April 2024. Click here to learn more.
Business Domain Semiconductors & Semiconductor Equipment | IPO Date 26th of September 1996 | Category Technology | Classification Information Technology |
NVE Corporation develops and sells devices that use spintronics, a nanotechnology that relies on electron spin to acquire, store, and transmit information in the United States and internationally. NVE Corporation was founded in 1989 and is headquartered in Eden Prairie, Minnesota. The company has 4.83 M outstanding shares of which 243.52 K shares are now shorted by private and institutional investors with about 12.65 trading days to cover. More on NVE Corporation
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Follow Valuation Profit Patterns Odds of Bankruptcy
Report 1st of May 2024
NVE Stock Highlights
Most reasonable investors view market volatility as an opportunity to invest at a favorable price or to sell short against a bearish trend. NVE's investment highlights are automatically generated signals that are significant enough to either complement your investing judgment regarding NVE or challenge it. These highlights can help you better understand the position you are entering and avoid costly mistakes.
| CEO and President and Director | Daniel Baker | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Business Concentration | Semiconductors & Semiconductor Equipment, Information Technology, NASDAQ Composite, NASDAQ Composite Total, Information Technology, Semiconductors & Semiconductor Equipment, Semiconductors, Technology (View all Sectors) | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Average Analyst Recommendation Analysts covering NVE report their recommendations after researching NVE's financial statements, talking to executives and customers, or listening in on NVE's conference calls. The current trade recommendation is based on an ongoing consensus estimate among financial analysts covering NVE Corporation. The NVE consensus assessment is calculated by taking the average forecast from all of the analysts covering NVE. | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Financial Strength Based on the measurements of operating efficiency obtained from NVE's historical financial statements, NVE Corporation is doing better financially then in previous quarter. It has a moderate probability of reporting better financial numbers in May. Financial strength of NVE Corporation is based on its profitability, leverage, liquidity, source of funds, and operating efficiency.
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NVE's financial strength is of vital concern to both outside investors and internal stakeholders. Efficiency and cost control are keys to NVE's success, along with its ability to generate sufficient cash flow to pay bills, repay debt, and make a consistent year-to-year profit. | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Financial leverage usually refers to the use of borrowed funds to amplify returns from an investment. In general, analyzing the relationship between debt to total assets helps investors to understand NVE's financial leverage. It provides some insight into what part of NVE's total assets is financed by creditors.
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NVE Corporation (NVEC) is traded on NASDAQ Exchange in USA. It is located in 11409 Valley View Road, Eden Prairie, MN, United States, 55344-3617 and employs 51 people. NVE is listed under Semiconductors & Semiconductor Equipment category by Fama And French industry classification. The company currently falls under 'Small-Cap' category with a current market capitalization of 405.57 M. Market capitalization usually refers to the total value of a company's stock within the entire market. To calculate NVE's market, we take the total number of its shares issued and multiply it by NVE's current market price. To manage market risk and economic uncertainty, many investors today build portfolios that are diversified across equities with different market capitalizations. However, as a general rule, conservative investors tend to hold large-cap stocks, and those looking for more risk prefer small-cap and mid-cap equities. NVE Corporation conducts business under Semiconductors & Semiconductor Equipment sector and is part of Information Technology industry. The entity has 4.83 M outstanding shares of which 243.52 K shares are now shorted by private and institutional investors with about 12.65 trading days to cover.
NVE Corporation currently holds about 13.91 M in cash with 19.09 M of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 2.88.
Check NVE Probability Of Bankruptcy
Ownership AllocationThe market capitalization of NVE Corporation is $405.57 Million. Over half of NVE's outstanding shares are owned by institutional investors. These institutional investors are typically referred to as corporate investors that shop for positions in a given instrument to benefit from reduced trade commissions. Therefore, these institutions are subject to different rules and regulations than regular investors in NVE Corporation. Please watch out for any change in the institutional holdings of NVE Corporation as this could mean something significant has changed or is about to change at the company. Please take into account that even companies with profitable outlook can generate negative future returns on their equity. If the true value of the firm is less than the current market value, you may not be able generate positive returns on investment in the long run.
Check NVE Ownership Details
NVE Stock Price Odds Analysis
What are NVE's target price odds to finish over the current price? Based on a normal probability distribution, the odds of NVE jumping above the current price in 90 days from now is about 63.71%. The NVE Corporation probability density function shows the probability of NVE stock to fall within a particular range of prices over 90 days. Given the investment horizon of 90 days the stock has a beta coefficient of 1.5079. This indicates as the benchmark fluctuates upward, the company is expected to outperform it on average. However, if the benchmark returns are projected to be negative, NVE will likely underperform. Additionally, nVE Corporation has an alpha of 0.1346, implying that it can generate a 0.13 percent excess return over NYSE Composite after adjusting for the inherited market risk (beta).
Based on a normal probability distribution, the odds of NVE to move above the current price in 90 days from now is about 63.71 (This NVE Corporation probability density function shows the probability of NVE Stock to fall within a particular range of prices over 90 days) .
NVE Stock Institutional Holders
Institutional Holdings refers to the ownership stake in NVE that is held by large financial organizations, pension funds or endowments. Institutions may purchase large blocks of NVE's outstanding shares and can exert considerable influence upon its management. Institutional holders may also work to push the share price higher once they own the stock. Extensive social media coverage, TV shows, articles in high-profile magazines, and presentations at investor conferences help move the stock higher, increasing NVE's value.| Instituion | Recorded On | Shares | |
| Merrion Investment Management Co, Llc | 2023-12-31 | 48.4 K | |
| Northern Trust Corp | 2023-12-31 | 46.7 K | |
| Isthmus Partners Llc | 2023-12-31 | 37.6 K | |
| Penserra Capital Management, Llc | 2023-12-31 | 36.8 K | |
| Silverberg Bernstein Capital Management Llc | 2023-12-31 | 36.4 K | |
| Crawford Fund Management, Llc | 2023-12-31 | 35.3 K | |
| Bridge City Capital, Llc | 2023-12-31 | 30.3 K | |
| Ashford Capital Management Inc | 2023-12-31 | 29.3 K | |
| Foundry Partners, Llc | 2023-12-31 | 27.9 K | |
| Royce & Associates, Lp | 2023-12-31 | 482.5 K | |
| Kayne Anderson Rudnick Investment Management Llc | 2023-12-31 | 451.7 K |
NVE Historical Income Statement
NVE Corporation Income Statement is one of the three primary financial statements used for reporting NVE's overall financial performance over a current year or for a given accounting period. An Income Statement sometimes referred to as the statement of NVE Corporation revenue and expense. NVE Income Statement primarily focuses on the company's revenues and expenses during a particular period.
At present, NVE's Gross Profit is projected to increase significantly based on the last few years of reporting. The current year's Operating Income is expected to grow to about 31 M, whereas Depreciation And Amortization is forecasted to decline to about 281.4 K. View More FundamentalsNVE Stock Against Markets
Picking the right benchmark for NVE stock is fundamental to making educated investment choices. Many naive investors compare their positions with the S&P 500 or with the Nasdaq. But these benchmarks are not all-inclusive and generally should be used only for large-capitalization equities or stock offerings from large companies. When the price of a selected benchmark declines in a down market, there may be an uptick in NVE stock price where buyers come in believing the asset is cheap. The opposite is true when the market is bullish; so, accurately picking the benchmark for NVE is critical whether you are bullish or bearish towards NVE Corporation at a given time. Please also check how NVE's historical prices are related to one of the top price index indicators.
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NVE Corporate Executives
Elected by the shareholders, the NVE's board of directors comprises two types of representatives: NVE inside directors who are chosen from within the company, and outside directors, selected externally and held independent of NVE. The board's role is to monitor NVE's management team and ensure that shareholders' interests are well served. NVE's inside directors are responsible for reviewing and approving budgets prepared by upper management to implement core corporate initiatives and projects. On the other hand, NVE's outside directors are responsible for providing unbiased perspectives on the board's policies.
| Curt Reynders | CFO, Principal Accounting Officer, Secretary and Treasurer | Profile |
How to buy NVE Stock?
Before investing in NVE, you must ensure you fully understand your financial goals and how diversified (or not) your overall investments are now. Then, after you clearly understand your investment objectives, consider investing in NVE. To buy NVE stock, you can follow these steps:- Choose a brokerage firm: You need to select a brokerage firm to buy shares of NVE. Some popular options include Charles Schwab, Fidelity, TD Ameritrade, and Robinhood.
- Open an account: Once you have chosen a brokerage firm, you will need to open an account. You will be required to provide personal information, such as your name, address, and Social Security number.
- Fund your account: You will need to deposit funds into your brokerage account to purchase NVE stock. You can do this by transferring funds from your bank account or other investment accounts.
- Place your order: Once you have located NVE Corporation stock in your brokerage account, you can place your order to buy it. You will need to specify the number of shares you want to buy and the price you are willing to pay.
- Monitor your investment: After you have purchased NVE Corporation stock, you should monitor your investment to track its performance and make informed decisions about buying, selling, or holding the stock
It's important to note that investing in stocks, such as NVE Corporation, carries risks, and you should carefully consider your investment goals and risk tolerance before making any investment decisions. Also, remember various factors, including economic indicators, change in net worth, political events, company-specific news, and investor sentiment, can influence the stock market. These factors can cause fluctuations in stock prices and lead to market volatility affecting your buy or sell decision. However, volatility can also present opportunities for investors to make gains by buying stocks when prices are low and selling when they are high. It's important for investors to have a long-term perspective and a well-diversified portfolio to manage the impact of stock market volatility on their investments. For more information on how to buy NVE Stock please use our How to Invest in NVE guide.
Already Invested in NVE Corporation?
The danger of trading NVE Corporation is mainly related to its market volatility and Company specific events. As an investor, you must understand the concept of risk-adjusted return before you start trading. The most common way to measure the risk of NVE is by using the Sharpe ratio. The ratio expresses how much excess return you acquire for the extra volatility you endure for holding a more risker asset than NVE. The Sharpe ratio is calculated by using standard deviation and excess return to determine reward per unit of risk. To understand how volatile NVE Corporation is, you must compare it to a benchmark. Traditionally, the risk-free rate of return is the rate of return on the shortest-dated U.S. Treasury, such as a 3-year bond.
When determining whether NVE Corporation offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of NVE's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Nve Corporation Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Nve Corporation Stock: Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in NVE Corporation. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in income. Note that the NVE Corporation information on this page should be used as a complementary analysis to other NVE's statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try the Competition Analyzer module to analyze and compare many basic indicators for a group of related or unrelated entities.
Complementary Tools for NVE Stock analysis
When running NVE's price analysis, check to measure NVE's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy NVE is operating at the current time. Most of NVE's value examination focuses on studying past and present price action to predict the probability of NVE's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move NVE's price. Additionally, you may evaluate how the addition of NVE to your portfolios can decrease your overall portfolio volatility.
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| Odds Of Bankruptcy Get analysis of equity chance of financial distress in the next 2 years |
Is NVE's industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of NVE. If investors know NVE will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about NVE listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth (0.01) | Dividend Share 4 | Earnings Share 4.46 | Revenue Per Share 7.35 | Quarterly Revenue Growth (0.09) |
The market value of NVE Corporation is measured differently than its book value, which is the value of NVE that is recorded on the company's balance sheet. Investors also form their own opinion of NVE's value that differs from its market value or its book value, called intrinsic value, which is NVE's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because NVE's market value can be influenced by many factors that don't directly affect NVE's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between NVE's value and its price as these two are different measures arrived at by different means. Investors typically determine if NVE is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, NVE's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.