Novartis AG ADR (NYSE: NVS) Stock: A Value Hunter’s Investment?

The trading price of Novartis AG ADR (NYSE:NVS) floating higher at last check on Tuesday, April 23, closing at $97.56, 2.57% higher than its previous close.

The company’s P/E ratio in the trailing 12-month period was 13.66. In examining the 52-week price action we see that the stock hit a 52-week high of $108.78 and a 52-week low of $88.86. Over the past month, the stock has gained 1.38% in value.

Novartis AG ADR, whose market valuation is $190.88 billion at the time of this writing. The dividend yield on the company stock is 3.83%, while its Forward Dividend ratio is 3.74. Investors’ optimism about the company’s current quarter earnings report is understandable. Analysts have predicted the quarterly earnings per share to grow by $1.69 per share this quarter, however they have predicted annual earnings per share of $7.1 for 2024 and $7.85 for 2025. It means analysts are expecting annual earnings per share growth of 2.90% this year and 10.60% next year.

Analysts have forecast the company to bring in revenue of $11.26 billion for the current quarter, with the likely lows of $10.59 billion and highs of $11.63 billion. The average estimate suggests sales will likely down by -10.90% this quarter compared to what was recorded in the comparable quarter last year. From the analysts’ viewpoint, the consensus estimate for the company’s annual revenue in 2024 is $48.03 billion. The company’s revenue is forecast to grow by 5.70% over what it did in 2024.

A company’s earnings reviews provide a brief indication of a stock’s direction in the short term, where in the case of Novartis AG ADR 2 upward and no downward comments were posted in the last 7 days. On the technical side, indicators suggest NVS has a 50% Sell on average for the short term. According to the data of the stock’s medium term indicators, the stock is currently averaging as a 100% Sell, while an average of long term indicators suggests that the stock is currently 50% Sell.

If we dig deeper into the stock’s outlook, we see that the stock’s PEG is 2.05, which symbolizes a positive outlook. A quick review shows that NVS’s price is currently 2.85% off the SMA20 and -0.53% off the SMA50. The RSI metric on the 14-day chart is currently showing 57.06, and weekly volatility stands at 1.04%. When measured over the past 30 days, the indicator reaches 0.97%. Novartis AG ADR (NYSE:NVS)’s beta value is currently sitting at 0.54, while the Average True Range indicator is currently displaying 1.58.

To see how Novartis AG ADR stock has been performing today in comparison to its peers in the industry, here are the numbers: NVS stock’s performance was 2.57% at last check in today’s session, and 2.79% in the past year. Novartis AG ADR has a P/E ratio of 13.66.

An evaluation of the daily trading volume of Novartis AG ADR (NYSE:NVS) indicates that the 3-month average is 1.53 million.

Currently, records show that 2.04 billion of the company’s shares remain outstanding. The insiders hold 0.00% of outstanding shares, whereas institutions hold 7.27%. However, since the stock’s price has seen -3.38% year-to-date, investors’ interest is likely to be reignited due to its potential to move even lower.

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