News headlines about NVE (NASDAQ:NVEC) have been trending somewhat positive this week, Accern Sentiment reports. Accern identifies negative and positive news coverage by monitoring more than 20 million blog and news sources in real time. Accern ranks coverage of publicly-traded companies on a scale of negative one to positive one, with scores closest to one being the most favorable. NVE earned a daily sentiment score of 0.12 on Accern’s scale. Accern also gave media headlines about the semiconductor company an impact score of 46.9927214899468 out of 100, meaning that recent news coverage is somewhat unlikely to have an impact on the stock’s share price in the next several days.
Here are some of the news stories that may have effected Accern’s rankings:
- NVE (NVEC) Raised to “Strong-Buy” at BidaskClub (americanbankingnews.com)
- Fathom Events and Chicken Soup for the Soul Entertainment’s Screen Media Ventures Bring New Branded Series to Movie Theaters in 2018 (prnewswire.com)
- Zacks: Analysts Set $79.00 Price Target for NVE Co. (NVEC) (americanbankingnews.com)
- Web-Based Interventions Can Improve Parents’ Attitudes About Benefits of Vaccination (prnewswire.com)
- As Colorado Experiences a Foster Family Shortage, Five Foster Families Inspire Others to Make a Difference (prnewswire.com)
Shares of NASDAQ NVEC opened at $102.65 on Friday. NVE has a 52-week low of $102.82 and a 52-week high of $102.82. The stock has a market capitalization of $485.90 million, a price-to-earnings ratio of 35.27 and a beta of 1.09.
NVE (NASDAQ:NVEC) last released its quarterly earnings results on Wednesday, May 2nd. The semiconductor company reported $0.80 earnings per share for the quarter. The company had revenue of $7.90 million for the quarter. NVE had a return on equity of 15.90% and a net margin of 46.59%.
The firm also recently declared a quarterly dividend, which will be paid on Thursday, May 31st. Stockholders of record on Monday, May 14th will be issued a dividend of $1.00 per share. The ex-dividend date is Friday, May 11th. This represents a $4.00 dividend on an annualized basis and a dividend yield of 3.90%. NVE’s dividend payout ratio (DPR) is presently 137.46%.
Separately, BidaskClub cut shares of NVE from a “hold” rating to a “sell” rating in a report on Tuesday, February 13th.
NVE Corporation develops and sells devices that use spintronics, a nanotechnology that utilizes electron spin to acquire, store, and transmit information. 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.
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