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How to buy NVE Corporation stock | $56.18

Own NVE Corporation stock in just a few minutes.

Fact checked

NVE Corporation is a semiconductors business based in the US. NVE Corporation shares (NVEC) are listed on the NASDAQ and all prices are listed in US Dollars. NVE Corporation employs 46 staff and has a trailing 12-month revenue of around USD$21.6 million.

How to buy shares in NVE Corporation

  1. Compare share trading platforms. If you're a beginner, look for a platform with low commissions, expert ratings and investment tools to track your portfolio. Narrow down top brands with our comparison table.
  2. Open and fund your brokerage account. Complete an application with your personal and financial details, like your ID and bank information. Fund your account with a bank transfer, credit card or debit card.
  3. Search for NVE Corporation. Find the stock by name or ticker symbol: NVEC. Research its history to confirm it's a solid investment against your financial goals.
  4. Purchase now or later. Buy today with a market order or use a limit order to delay your purchase until NVE Corporation reaches your desired price. To spread out your purchase, look into dollar-cost averaging, which smooths out buying at consistent intervals and amounts.
  5. Decide on how many to buy. At last close price of USD$56.18, weigh your budget against a diversified portfolio that can minimize risk through the market's ups and downs. You may be able to buy a fractional share of NVE Corporation, depending on your broker.
  6. Check in on your investment. Congratulations, you own a part of NVE Corporation. Optimize your portfolio by tracking how your stock — and even the business — performs with an eye on the long term. You may be eligible for dividends and shareholder voting rights on directors and management that can affect your stock.

NVE Corporation share price

Use our graph to track the performance of NVEC stocks over time.

NVE Corporation shares at a glance

Information last updated 2020-12-28.
Latest market closeUSD$56.18
52-week rangeUSD$40.4336 - USD$72.0916
50-day moving average USD$52.7661
200-day moving average USD$53.9891
Wall St. target priceUSD$79
PE ratio 23.5107
Dividend yield USD$4 (7.19%)
Earnings per share (TTM) USD$2.424

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The value of any investment can go up or down depending on news, trends and market conditions. We are not investment advisers, so do your own due diligence to understand the risks before you invest.

Is it a good time to buy NVE Corporation stock?

The technical analysis gauge below displays real-time ratings for the timeframes you select. This is not a recommendation, however. It represents a technical analysis based on the most popular technical indicators: Moving Averages, Oscillators and Pivots. Finder might not concur and takes no responsibility.

This chart is not advice or a guarantee of success. Rather, it gauges the real-time recommendations of three popular technical indicators: moving averages, oscillators and pivots. Finder is not responsible for how your stock performs.

NVE Corporation price performance over time

Historical closes compared with the close of $56.18 from 2020-12-31

1 week (2021-01-07) -10.71%
1 month (2020-12-17) 3.22%
3 months (2020-10-16) 13.72%
6 months (2020-07-16) -10.07%
1 year (2020-01-16) -21.25%
2 years (2019-01-16) -39.11%
3 years (2018-01-16) 90.23
5 years (2016-01-15) 11.12%

Is NVE Corporation under- or over-valued?

Valuing NVE Corporation stock is incredibly difficult, and any metric has to be viewed as part of a bigger picture of NVE Corporation's overall performance. However, analysts commonly use some key metrics to help gauge the value of a stock.

NVE Corporation's P/E ratio

NVE Corporation's current share price divided by its per-share earnings (EPS) over a 12-month period gives a "trailing price/earnings ratio" of roughly 24x. In other words, NVE Corporation shares trade at around 24x recent earnings.

That's relatively low compared to, say, the trailing 12-month P/E ratio for the NASDAQ 100 at the end of 2019 (27.29). The low P/E ratio could mean that investors are pessimistic about the outlook for the shares or simply that they're under-valued.

NVE Corporation's PEG ratio

NVE Corporation's "price/earnings-to-growth ratio" can be calculated by dividing its P/E ratio by its growth – to give 1.18. A low ratio can be interpreted as meaning the shares offer better value, while a higher ratio can be interpreted as meaning the shares offer worse value.

The PEG ratio provides a broader view than just the P/E ratio, as it gives more insight into NVE Corporation's future profitability. By accounting for growth, it could also help you if you're comparing the share prices of multiple high-growth companies.

NVE Corporation's EBITDA

NVE Corporation's EBITDA (earnings before interest, taxes, depreciation and amortisation) is USD$13.1 million.

The EBITDA is a measure of a NVE Corporation's overall financial performance and is widely used to measure a its profitability.

NVE Corporation financials

Revenue TTM USD$21.6 million
Operating margin TTM 58.08%
Gross profit TTM USD$20.5 million
Return on assets TTM 9.93%
Return on equity TTM 15.11%
Profit margin 54.35%
Book value $15.314
Market capitalisation USD$275.4 million

TTM: trailing 12 months

Shorting NVE Corporation shares

There are currently 112,061 NVE Corporation shares held short by investors – that's known as NVE Corporation's "short interest". This figure is 6.5% up from 105,179 last month.

There are a few different ways that this level of interest in shorting NVE Corporation shares can be evaluated.

NVE Corporation's "short interest ratio" (SIR)

NVE Corporation's "short interest ratio" (SIR) is the quantity of NVE Corporation shares currently shorted divided by the average quantity of NVE Corporation shares traded daily (recently around 35019.0625). NVE Corporation's SIR currently stands at 3.2. In other words for every 100,000 NVE Corporation shares traded daily on the market, roughly 3200 shares are currently held short.

However NVE Corporation's short interest can also be evaluated against the total number of NVE Corporation shares, or, against the total number of tradable NVE Corporation shares (the shares that aren't held by "insiders" or major long-term shareholders – also known as the "float"). In this case NVE Corporation's short interest could be expressed as 0.02% of the outstanding shares (for every 100,000 NVE Corporation shares in existence, roughly 20 shares are currently held short) or 0.0273% of the tradable shares (for every 100,000 tradable NVE Corporation shares, roughly 27 shares are currently held short).

Such a low SIR usually points to an optimistic outlook for the share price, with fewer people currently willing to bet against NVE Corporation.

Find out more about how you can short NVE Corporation stock.

NVE Corporation share dividends

Dividend payout ratio: 189.3% of net profits

Recently NVE Corporation has paid out, on average, around 189.3% of net profits as dividends. That has enabled analysts to estimate a "forward annual dividend yield" of 7.19% of the current stock value. This means that over a year, based on recent payouts (which are sadly no guarantee of future payouts), NVE Corporation shareholders could enjoy a 7.19% return on their shares, in the form of dividend payments. In NVE Corporation's case, that would currently equate to about $4 per share.

NVE Corporation's payout ratio would broadly be considered high, and as such this stock could appeal to those looking to generate an income. Bear in mind however that companies should normally also look to re-invest a decent amount of net profits to ensure future growth.

NVE Corporation's most recent dividend payout was on 30 November 2020. The latest dividend was paid out to all shareholders who bought their shares by 30 October 2020 (the "ex-dividend date").

Have NVE Corporation's shares ever split?

NVE Corporation's shares were split on a 1:5 basis on 22 November 2002. So if you had owned 5 shares the day before before the split, the next day you'd have owned 1 share. This wouldn't directly have changed the overall worth of your NVE Corporation shares – just the quantity. However, indirectly, the new 400% higher share price could have impacted the market appetite for NVE Corporation shares which in turn could have impacted NVE Corporation's share price.

NVE Corporation share price volatility

Over the last 12 months, NVE Corporation's shares have ranged in value from as little as $40.4336 up to $72.0916. A popular way to gauge a stock's volatility is its "beta".

NVEC.US volatility(beta: 1.17)Avg. volatility(beta: 1.00)LowHigh

Beta is a measure of a share's volatility in relation to the market. The market (NASDAQ average) beta is 1, while NVE Corporation's is 1.1727. This would suggest that NVE Corporation's shares are a little bit more volatile than the average for this exchange and represent, relatively-speaking, a slightly higher risk (but potentially also market-beating returns).

NVE Corporation overview

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. The company manufactures spintronic products, including sensors and couplers for use in acquiring and transmitting data. Its products comprise standard sensors to detect the presence of a magnetic or metallic material to determine position or speed primarily for the factory automation market; and custom and medical sensors for medical devices to replace electromechanical magnetic switches. The company also offers spintronic couplers for industrial Internet of Things market. In addition, it engages in the research and development, and licensing of spintronic magnetoresistive random access memory technology. NVE Corporation was founded in 1989 and is headquartered in Eden Prairie, Minnesota.

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