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NYSE:NVS

Novartis (NVS) Stock Price, News & Analysis

$113.76
-0.10 (-0.09%)
(As of 10/8/2024 ET)

About Novartis Stock (NYSE:NVS)

Key Stats

Today's Range
$113.55
$114.19
50-Day Range
$109.85
$120.89
52-Week Range
$92.19
$120.92
Volume
697,183 shs
Average Volume
1.36 million shs
Market Capitalization
$232.53 billion
P/E Ratio
15.35
Dividend Yield
2.14%
Price Target
$120.70
Consensus Rating
Reduce

Company Overview

Novartis AG engages in the research, development, manufacture, and marketing of healthcare products in Switzerland and internationally. The company offers prescription medicines for patients and physicians. It focuses on therapeutic areas, such as cardiovascular, renal and metabolic, immunology, neuroscience, and oncology, as well as ophthalmology and hematology. Novartis AG has a license and collaboration agreement with Alnylam Pharmaceuticals to develop, manufacture, and commercialize inclisiran, a therapy to reduce LDL cholesterol; and Dawn Health for the development and commercialization of Ekiva, a digital solution designed for people living with Paroxysmal Nocturnal Hemoglobinuria. The company was incorporated in 1996 and is headquartered in Basel, Switzerland.

Novartis Stock Analysis - MarketRank™

See Top Rated MarketRank™ Stocks
51st Percentile Overall Score

NVS MarketRank™: 

Novartis scored higher than 51% of companies evaluated by MarketBeat, and ranked 539th out of 994 stocks in the medical sector. Scores are calculated by averaging available category scores, with extra weight given to analysis and valuation.

  • Consensus Rating

    Novartis has received a consensus rating of Reduce. The company's average rating score is 1.88, and is based on no buy ratings, 7 hold ratings, and 1 sell rating.

  • Amount of Analyst Coverage

    Novartis has only been the subject of 4 research reports in the past 90 days.

  • Read more about Novartis' stock forecast and price target.
  • Earnings Growth

    Earnings for Novartis are expected to grow by 9.47% in the coming year, from $7.50 to $8.21 per share.

  • Price to Earnings Ratio vs. the Market

    The P/E ratio of Novartis is 15.35, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 120.65.

  • Price to Earnings Ratio vs. Sector

    The P/E ratio of Novartis is 15.35, which means that it is trading at a less expensive P/E ratio than the Medical sector average P/E ratio of about 118.32.

  • Price to Earnings Growth Ratio

    Novartis has a PEG Ratio of 1.71. PEG Ratios above 1 indicate that a company could be overvalued.

  • Price to Book Value per Share Ratio

    Novartis has a P/B Ratio of 4.97. P/B Ratios above 3 indicate that a company could be overvalued with respect to its assets and liabilities.

  • Read more about Novartis' valuation and earnings.
  • Percentage of Shares Shorted

    0.27% of the float of Novartis has been sold short.
  • Short Interest Ratio / Days to Cover

    Novartis has a short interest ratio ("days to cover") of 4.4.
  • Change versus previous month

    Short interest in Novartis has recently decreased by 6.67%, indicating that investor sentiment is improving significantly.
  • Dividend Yield

    Novartis pays a meaningful dividend of 2.12%, higher than the bottom 25% of all stocks that pay dividends.

  • Dividend Growth

    Novartis does not have a long track record of dividend growth.

  • Dividend Coverage

    The dividend payout ratio of Novartis is 32.79%. This payout ratio is at a healthy, sustainable level, below 75%.

  • Dividend Sustainability

    Based on earnings estimates, Novartis will have a dividend payout ratio of 29.60% next year. This indicates that Novartis will be able to sustain or increase its dividend.

  • Read more about Novartis' dividend.
  • Percentage of Shares Shorted

    0.27% of the float of Novartis has been sold short.
  • Short Interest Ratio / Days to Cover

    Novartis has a short interest ratio ("days to cover") of 4.4.
  • Change versus previous month

    Short interest in Novartis has recently decreased by 6.67%, indicating that investor sentiment is improving significantly.
  • News Sentiment

    Novartis has a news sentiment score of 0.67. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This is a higher news sentiment than the 0.49 average news sentiment score of Medical companies.
  • News Coverage This Week

    MarketBeat has tracked 17 news articles for Novartis this week, compared to 10 articles on an average week.
  • Search Interest

    11 people have searched for NVS on MarketBeat in the last 30 days. This is an increase of 57% compared to the previous 30 days.
  • MarketBeat Follows

    11 people have added Novartis to their MarketBeat watchlist in the last 30 days. This is an increase of 175% compared to the previous 30 days.
  • Insider Buying vs. Insider Selling

    In the past three months, Novartis insiders have not sold or bought any company stock.

  • Percentage Held by Insiders

    Only 0.01% of the stock of Novartis is held by insiders.

  • Percentage Held by Institutions

    Only 13.12% of the stock of Novartis is held by institutions.

  • Read more about Novartis' insider trading history.
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NVS Stock News Headlines

Brokerages Set Novartis AG (NYSE:NVS) Target Price at $120.70
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NVS Stock Analysis - Frequently Asked Questions

Novartis' stock was trading at $100.97 at the beginning of the year. Since then, NVS shares have increased by 12.7% and is now trading at $113.76.
View the best growth stocks for 2024 here
.

Novartis AG (NYSE:NVS) issued its earnings results on Thursday, July, 18th. The company reported $1.97 earnings per share (EPS) for the quarter, topping the consensus estimate of $1.87 by $0.10. The company earned $12.87 billion during the quarter, compared to the consensus estimate of $12.24 billion. Novartis had a trailing twelve-month return on equity of 34.56% and a net margin of 33.76%.

The following companies are subsidiaries of Novartis: Gyroscope Therapeutics, Arctos Medical, Cellerys, Cadent Therapeutics, Vedere Bio, Vedere Bio ll, Amblyotech, and others.

Top institutional investors of Novartis include Eldred Rock Partners LLC, Chesley Taft & Associates LLC, Park Avenue Securities LLC and Tealwood Asset Management Inc..

Shares of NVS stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.
Compare Top Brokerages Here.

Based on aggregate information from My MarketBeat watchlists, some other companies that Novartis investors own include Johnson & Johnson (JNJ), Pfizer (PFE), AbbVie (ABBV), Intel (INTC), AT&T (T), Walt Disney (DIS) and Gilead Sciences (GILD).

Company Calendar

Last Earnings
7/18/2024
Today
10/08/2024
Next Earnings (Confirmed)
10/29/2024
Fiscal Year End
12/31/2024

Industry, Sector and Symbol

Sector
Medical
Industry
Pharmaceutical preparations
Sub-Industry
Pharmaceutical Products
Employees
76,057
Year Founded
1996

Price Target and Rating

Average Stock Price Target
$120.70
High Stock Price Target
$130.00
Low Stock Price Target
$114.00
Potential Upside/Downside
+6.1%
Consensus Rating
Reduce
Rating Score (0-4)
1.88
Research Coverage
8 Analysts

Profitability

Net Income
$14.85 billion
Pretax Margin
22.75%

Debt

Sales & Book Value

Annual Sales
$45.44 billion
Cash Flow
$11.05 per share
Book Value
$22.87 per share

Miscellaneous

Outstanding Shares
2,044,000,000
Free Float
2,043,796,000
Market Cap
$232.59 billion
Optionable
Optionable
Beta
0.57

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This page (NYSE:NVS) was last updated on 10/8/2024 by MarketBeat.com Staff
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