Our research shows that the top 50% rated industries outperform the bottom half by a factor of 2 to 1.īe sure to follow all of these stock-moving metrics, and many more, on. The Zacks Industry Rank includes is listed in order from best to worst in terms of the average Zacks Rank of the individual companies within each of these sectors. This industry currently has a Zacks Industry Rank of 32, which puts it in the top 13% of all 250+ industries.

The Semiconductor - General industry is part of the Computer and Technology sector. Semiconductor - General stocks are, on average, holding a PEG ratio of 2.77 based on yesterday's closing prices. This popular metric is similar to the widely-known P/E ratio, with the difference being that the PEG ratio also takes into account the company's expected earnings growth rate. It is also worth noting that NVDA currently has a PEG ratio of 2.94. This represents a premium compared to its industry's average Forward P/E of 23.94. NVDA is holding a Zacks Rank of #1 (Strong Buy) right now.ĭigging into valuation, NVDA currently has a Forward P/E ratio of 51.66. Within the past 30 days, our consensus EPS projection has moved 0.84% higher.

The Zacks Rank system, which ranges from #1 (Strong Buy) to #5 (Strong Sell), has an impressive outside-audited track record of outperformance, with #1 stocks generating an average annual return of +25% since 1988. Our system takes these estimate changes into account and delivers a clear, actionable rating model. We developed the Zacks Rank to capitalize on this phenomenon. Our research shows that these estimate changes are directly correlated with near-term stock prices. With this in mind, we can consider positive estimate revisions a sign of optimism about the company's business outlook. These revisions typically reflect the latest short-term business trends, which can change frequently. Investors should also note any recent changes to analyst estimates for NVDA. These totals would mark changes of +58.8% and +49.53%, respectively, from last year. Looking at the full year, our Zacks Consensus Estimates suggest analysts are expecting earnings of $15.88 per share and revenue of $24.93 billion.

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