Are Things Looking Up For Novartis AG ADR (NYSE: NVS)?

After Hours

It may be riskier to trade before market opening and after market closing than during regular market hours. Since issuers often announce critical financial information outside regular trading hours. Extended-hours trading may result in wider spreads for particular securities due to lower liquidity and higher volatility. The stock was recently discussed on Yahoo Finance as it revealed that Novartis shareholders approve all resolutions proposed by the Board of Directors at the Annual General Meeting.

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Stocks Info

Novartis AG ADR is listed on the NYSE in the Healthcare sector while operating in the Drug Manufacturers – General industry. The current market capitalization of Novartis AG ADR is $200.58B. A total of 0.83 million shares were traded on the day, compared to an average of 1.41M shares.

Dividend

The reasons why investors prefer dividend-paying companies are that dividends generate immediate cash flow and indicate that the company will perform well in the future. Novartis AG ADR pays an annual dividend of $3.78, resulting in a dividend yield of 3.85%, and it has a price to earnings (P/E) ratio of 13.74. NVS’s most recent ex-dividend date was 3/7/2024 when it declared a $3.7772 quarterly dividend that was paid in cash on 3/7/2024. Previously, the company paid the dividend on 3/20/2023 with an ex-dividend date of 3/9/2023. The NVS stock dividend was $3.4694 per share in cash.

Despite rarely being accurate, price targets can exert some form of influence at times, and are often regarded as valuable by markets. In terms of 52-week highs and lows, NVS has a high of $108.78 and a low of $76.90.

As of this writing, NVS has an earnings estimate of $1.69 per share for the current quarter. EPS was calculated based on a consensus of 4 estimates, with a high estimate of $1.77 per share and a lower estimate of $1.54. The company reported an EPS of $1.83 in the last quarter, which was 7.60% higher than expectations of $1.7.

Balance Sheet Annually/Quarterly

As well as showing the assets and liabilities of the company, the balance sheet also shows the amount invested in equity by investors. Investors can analyze a company’s future prospects by calculating its financial ratios based on this information. NVS’s latest balance sheet shows that the firm has $28.11B in Cash & Short Term Investments as of fiscal 2021. There were $31.02B in debt and $30.21B in liabilities at the time. Its Book Value Per Share was $22.83, while its Total Shareholder’s Equity was $67.82B.

Analysts Opinion

After-hours and pre-market trading may carry slightly higher risks than regular market hours. As issuers often announce important financial information outside regular trading hours, extended-hours trading may result in wider spreads for a particular security. That is because extended-hours trading may result in lower liquidity and higher volatility. Currently, 0 analysts are providing their opinions on the stock. On a scale of 1 to 5, with 1 being Sell and 5 being Buy, the average analyst rating for NVS is Buy with a score of 3.60.

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