NVE Corp (NVEC) Analysts See $0.61 EPS

September 17, 2017 - By Winifred Garcia

 NVE Corp (NVEC) Analysts See $0.61 EPS
Investors sentiment increased to 1.96 in 2016 Q4. Its up 0.48, from 1.48 in 2016Q3. It is positive, as 2 investors sold NVE Corp shares while 22 reduced holdings. 14 funds opened positions while 33 raised stakes. 3.47 million shares or 1.28% less from 3.52 million shares in 2016Q3 were reported.
Swiss Fincl Bank accumulated 8,500 shares or 0% of the stock. Envestnet Asset Management invested in 1,487 shares or 0% of the stock. Next Group invested 0% of its portfolio in NVE Corp (NASDAQ:NVEC). 1,959 were accumulated by Blackrock Grp Incorporated Limited. Bahl Gaynor Inc reported 22,371 shares stake. Ubs Asset Americas Inc has 9,057 shares for 0% of their portfolio. Plante Moran Finance Ltd holds 25 shares or 0% of its portfolio. Schwab Charles Management owns 6,500 shares. Rhumbline Advisers has 5,912 shares. National Bank & Trust Of Mellon Corporation reported 0% of its portfolio in NVE Corp (NASDAQ:NVEC). The New York-based Citigroup has invested 0% in NVE Corp (NASDAQ:NVEC). Royal Bank Of Canada holds 0% or 1,803 shares. Prudential Financial Incorporated owns 5,463 shares for 0% of their portfolio. Martingale Asset Mngmt Lp has 0.02% invested in NVE Corp (NASDAQ:NVEC) for 17,502 shares. Bancorp Of America Corp De holds 0% or 657 shares.

Since May 22, 2017, it had 0 buys, and 1 insider sale for $79,040 activity.

Investors wait NVE Corp (NASDAQ:NVEC) to report on October, 18. its quarterly earnings Wall Street analysts expect $0.61 earnings per share, down $0.07 or 10.29 % from last year’s $0.68 same quarter earnings. This translates into $2.95M profit for NVEC giving the stock a 30.13 P/E. This is assuming the current $0.61 EPS is accurate. NVE Corp’s Wall Street analysts see -10.29 % negative EPS growth, taking into account the $0.68 EPS reproted in the previous quarter, The stock decreased 1.20% or $0.89 on September 15, reaching $73.52. About 28,997 shares traded or 81.81% up from the average. NVE Corp (NASDAQ:NVEC) has risen 50.96% since September 17, 2016 and is uptrending. It has outperformed by 34.26% the S&P500.

NVE Corporation develops and sells devices that use spintronics, a nanotechnology that relies on electron spin to acquire, store and transmit information. The company has market cap of $355.91 million. The Firm makes spintronic products, including sensors and couplers that are used to acquire and transmit data. It has a 27.14 P/E ratio. The Firm has also licensed its spintronic magnetoresistive random access memory technology .

More notable recent NVE Corp (NASDAQ:NVEC) news were published by: Seekingalpha.com which released: “NVE Corporation: Mingling With Giants” on June 26, 2016, also Seekingalpha.com with their article: “NVE Corp. (NVEC) CEO Daniel Baker on Q1 2017 Results – Earnings Call Transcript” published on July 20, 2016, Nasdaq.com published: “NVE Corporation (NVEC) Ex-Dividend Date Scheduled for July 27, 2017” on July 26, 2017. More interesting news about NVE Corp (NASDAQ:NVEC) were released by: Seekingalpha.com and their article: “NVE Corporation: One Negative; A Plethora Of Positives” published on July 31, 2017 as well as Seekingalpha.com‘s news article titled: “NVE Corporation: Busy, Busy” with publication date: April 27, 2017.

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