NASDAQ:NVCR

NovoCure Stock Forecast, Price & News

$170.01

-8.93 (-4.99 %)

(As of 01/15/2021 03:29 PM ET)

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Today's Range

$169.79

Now: $170.01▼

$181.16

50-Day Range

$116.68

MA: $159.83▼

$176.94

52-Week Range

$53.40

Now: $170.01▼

$182.74

Volume23,497 shs

Average Volume731,354 shs

Market Capitalization$17.31 billion

P/E Ratio894.84

Dividend YieldN/A

Beta1.29

NovoCure Limited, an oncology company, engages in the development, manufacture, and commercialization of Optune for the treatment of a variety of solid tumors. The company markets Optune and NovoTTF-100L, a Tumor Treating Fields delivery system for use as a monotherapy treatment for adult patients with glioblastoma. It is also developing products that are in Phase 2 pilot and Phase 3 pivotal trials for brain metastases, non-small cell lung cancer, pancreatic cancer, ovarian cancer, liver cancer, and mesothelioma. The company markets its products in the European Union, Japan, and internationally. It has a clinical trial collaboration agreement with MSD to evaluate tumor treating fields together with KEYTRUDA, an anti-PD-1 therapy; and a strategic alliance with the NYU Grossman School of Medicine's Department of Radiation Oncology that provides a framework for preclinical and clinical development projects studying Tumor Treating Fields. NovoCure Limited was founded in 2000 and is based in Saint Helier, Jersey.

MarketRank^™

Overall MarketRank^™

1.46 out of 5 stars

Medical Sector

376th out of 1,480 stocks

Surgical & Medical Instruments Industry

45th out of 135 stocks

1.2 Analyst's Opinion

Consensus Rating
NovoCure has received a consensus rating of Hold. The company's average rating score is 2.33, and is based on 4 buy ratings, 4 hold ratings, and 1 sell rating.
Price Target Upside/Downside
According to analysts' consensus price target of $112.38, NovoCure has a forecasted downside of 34.6% from its current price of $171.72.
Amount of Analyst Coverage
NovoCure has only been the subject of 2 research reports in the past 90 days.

2.6 Community Rank

Outperform Votes
NovoCure has received 435 “outperform” votes. (Add your “outperform” vote.)
Underperform Votes
NovoCure has received 412 “underperform” votes. (Add your “underperform” vote.)
Community Sentiment
NovoCure has received 51.36% “outperform” votes from our community.

MarketBeat's community ratings are surveys of what our community members think about NovoCure and other stocks. Vote “Outperform” if you believe NVCR will outperform the S&P 500 over the long term. Vote “Underperform” if you believe NVCR will underperform the S&P 500 over the long term. You may vote once every thirty days.

0.0 Dividend Strength

Dividend Yield
NovoCure does not currently pay a dividend.
Dividend Growth
NovoCure does not have a long track record of dividend growth.

1.7 Company Ownership

Insider Buying vs. Insider Selling
In the past three months, NovoCure insiders have sold more of their company's stock than they have bought. Specifically, they have bought $0.00 in company stock and sold $33,555,227.00 in company stock.
Percentage Held by Insiders
Only 5.07% of the stock of NovoCure is held by insiders.
Percentage Held by Institutions
71.09% of the stock of NovoCure is held by institutions. High institutional ownership can be a signal of strong market trust in this company.

1.9 Earnings and Valuation

Earnings Growth
Earnings for NovoCure are expected to grow by 109.52% in the coming year, from $0.21 to $0.44 per share.
Price to Earnings Ratio vs. the Market
The P/E ratio of NovoCure is 903.84, which means that it is trading at a more expensive P/E ratio than the market average P/E ratio of about 25.38.
Price to Earnings Ratio vs. Sector
The P/E ratio of NovoCure is 903.84, which means that it is trading at a more expensive P/E ratio than the Medical sector average P/E ratio of about 37.78.
Price to Book Value per Share Ratio
NovoCure has a P/B Ratio of 78.05. P/B Ratios above 3 indicate that a company could be overvalued with respect to its assets and liabilities.

See Top Rated MarketRank™ Stocks Here

Industry, Sector and Symbol

Stock Exchange NASDAQ

Industry Surgical & medical instruments

Sub-IndustryN/A

SectorMedical

Current SymbolNASDAQ:NVCR

Previous Symbol

CUSIPN/A

CIK1645113

Webwww.novocure.com

Phone44-0-15-3475-6700

Employees782

Debt

Debt-to-Equity RatioN/A

Current Ratio4.02

Quick Ratio3.74

Price-To-Earnings

Trailing P/E Ratio894.84

Forward P/E Ratio809.57

P/E GrowthN/A

Sales & Book Value

Annual Sales$351.32 million

Price / Sales49.26

Cash FlowN/A

Price / Cash FlowN/A

Book Value$2.20 per share

Price / Book77.28

Profitability

EPS (Most Recent Fiscal Year)($0.07)

Net Income$-7,230,000.00

Net Margins4.26%

Return on Equity7.40%

Return on Assets3.94%

Miscellaneous

Outstanding Shares101,797,000

Market Cap$17.31 billion

Next Earnings Date2/25/2021 (Confirmed)

OptionableOptionable

$170.01

-8.93 (-4.99 %)

(As of 01/15/2021 03:29 PM ET)

30 days | 90 days | 365 days | Advanced Chart

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NovoCure (NASDAQ:NVCR) Frequently Asked Questions

How has NovoCure's stock been impacted by Coronavirus?

NovoCure's stock was trading at $67.38 on March 11th, 2020 when Coronavirus reached pandemic status according to the World Health Organization. Since then, NVCR stock has increased by 155.4% and is now trading at $172.07.
View which stocks have been most impacted by COVID-19.

Is NovoCure a buy right now?

9 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for NovoCure in the last twelve months. There are currently 1 sell rating, 4 hold ratings and 4 buy ratings for the stock. The consensus among Wall Street equities research analysts is that investors should "hold" NovoCure stock. A hold rating indicates that analysts believe investors should maintain any existing positions they have in NVCR, but not buy additional shares or sell existing shares.
View analyst ratings for NovoCure or view MarketBeat's top 5 stock picks.

What stocks does MarketBeat like better than NovoCure?

Wall Street analysts have given NovoCure a "Hold" rating, but there may be better short-term opportunities in the market. Some of MarketBeat's past winning trading ideas have resulted in 5-15% weekly gains. MarketBeat just released five new trading ideas, but NovoCure wasn't one of them. MarketBeat thinks these five stocks may be even better buys.
View MarketBeat's top stock picks here.

When is NovoCure's next earnings date?

NovoCure is scheduled to release its next quarterly earnings announcement on Thursday, February 25th 2021.
View our earnings forecast for NovoCure.

How can I listen to NovoCure's earnings call?

NovoCure will be holding an earnings conference call on Thursday, February 25th at 12:00 AM Eastern. Interested parties can register for or listen to the call using this link or dial in at Not Available.

How were NovoCure's earnings last quarter?

NovoCure Limited (NASDAQ:NVCR) posted its earnings results on Thursday, October, 29th. The medical equipment provider reported $0.09 earnings per share (EPS) for the quarter, topping analysts' consensus estimates of $0.04 by $0.05. The medical equipment provider earned $132.70 million during the quarter, compared to the consensus estimate of $120.02 million. NovoCure had a return on equity of 7.40% and a net margin of 4.26%. The business's revenue for the quarter was up 44.1% compared to the same quarter last year. During the same quarter in the previous year, the firm posted $0.02 earnings per share.
View NovoCure's earnings history.

What guidance has NovoCure issued on next quarter's earnings?

NovoCure issued an update on its FY 2020 Pre-Market earnings guidance on Monday, January, 11th. The company provided earnings per share guidance of for the period. The company issued revenue guidance of $494.4-494.4 million, compared to the consensus revenue estimate of $482.29 million.

What price target have analysts set for NVCR?

9 analysts have issued twelve-month price targets for NovoCure's shares. Their forecasts range from $58.00 to $159.00. On average, they expect NovoCure's share price to reach $112.38 in the next year. This suggests that the stock has a possible downside of 34.7%.
View analysts' price targets for NovoCure or view Wall Street analyst' top-rated stocks.

Are investors shorting NovoCure?

NovoCure saw a increase in short interest in December. As of December 31st, there was short interest totaling 5,880,000 shares, an increase of 17.8% from the December 15th total of 4,990,000 shares. Based on an average trading volume of 1,170,000 shares, the short-interest ratio is currently 5.0 days. Currently, 6.8% of the company's shares are short sold.
View NovoCure's Short Interest.

Who are some of NovoCure's key competitors?

Some companies that are related to NovoCure include Boston Scientific (BSX), Baxter International (BAX), DexCom (DXCM), ResMed (RMD), Fresenius SE & Co. KGaA (FSNUY), Insulet (PODD), Teleflex (TFX), Abiomed (ABMD), Penumbra (PEN), iRhythm Technologies (IRTC), Hill-Rom (HRC), Haemonetics (HAE), Globus Medical (GMED), Nevro (NVRO) and Integra LifeSciences (IART).
View all of NVCR's competitors.

What other stocks do shareholders of NovoCure own?

Based on aggregate information from My MarketBeat watchlists, some companies that other NovoCure investors own include Chembio Diagnostics (CEMI), Prospect Capital (PSEC), Calumet Specialty Products Partners (CLMT), NVIDIA (NVDA), Two Harbors Investment (TWO), BlackRock Capital Investment (BKCC), Viper Energy Partners (VNOM), Roku (ROKU), salesforce.com (CRM) and Square (SQ).

Who are NovoCure's key executives?

NovoCure's management team includes the following people:

Mr. William F. Doyle, Exec. Chairman (Age 58, Pay $1.66M)
Mr. Asaf Danziger, Pres, CEO & Director (Age 54, Pay $1.69M)
Mr. Wilhelmus C. M. Groenhuysen, Chief Operating Officer (Age 62, Pay $1.02M)
Mr. Pritesh Shah, Chief Commercial Officer (Age 42, Pay $725.6k)
Prof. Yoram Palti, Founder & CTO (Age 82)
Ms. Ashley Cordova, CFO & VP of Investor Relations
Mr. Todd C. Longsworth, Gen. Counsel (Age 45)
Dr. Ely Benaim, Chief Medical Officer (Age 59)
Mr. Uri Weinberg M.D., Ph.D., Chief Science Officer
Mr. Frank Leonard, Chief Devel. Officer

What is NovoCure's stock symbol?

NovoCure trades on the NASDAQ under the ticker symbol "NVCR."

Who are NovoCure's major shareholders?

NovoCure's stock is owned by a number of retail and institutional investors. Top institutional shareholders include Scout Investments Inc. (0.10%), Brookstone Capital Management (0.01%), Sheets Smith Wealth Management (0.00%), Kovack Advisors Inc. (0.00%), Redpoint Investment Management Pty Ltd (0.00%) and XR Securities LLC (0.00%). Company insiders that own NovoCure stock include Asaf Danziger, Ashley Cordova, Charles G Phillips III, Ely Benaim, Gabriel Leung, Jeryl L Hilleman, Michael J Ambrogi, Pritesh Shah, Todd Christopher Longsworth, Uri Weinberg, Wilhelmus Cm Groenhuysen and William F Doyle.
View institutional ownership trends for NovoCure.

Which institutional investors are selling NovoCure stock?

NVCR stock was sold by a variety of institutional investors in the last quarter, including Sowell Financial Services LLC, and Scout Investments Inc.. Company insiders that have sold NovoCure company stock in the last year include Asaf Danziger, Ashley Cordova, Ely Benaim, Gabriel Leung, Jeryl L Hilleman, Michael J Ambrogi, Pritesh Shah, Todd Christopher Longsworth, Uri Weinberg, Wilhelmus Cm Groenhuysen, and William F Doyle.
View insider buying and selling activity for NovoCure or view top insider-selling stocks.

Which institutional investors are buying NovoCure stock?

NVCR stock was purchased by a variety of institutional investors in the last quarter, including Brookstone Capital Management, Sheets Smith Wealth Management, Kovack Advisors Inc., Redpoint Investment Management Pty Ltd, XR Securities LLC, and Diversified Trust Co.
View insider buying and selling activity for NovoCure or or view top insider-buying stocks.

How do I buy shares of NovoCure?

Shares of NVCR can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include WeBull, Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab.

What is NovoCure's stock price today?

One share of NVCR stock can currently be purchased for approximately $172.07.

How big of a company is NovoCure?

NovoCure has a market capitalization of $17.52 billion and generates $351.32 million in revenue each year. The medical equipment provider earns $-7,230,000.00 in net income (profit) each year or ($0.07) on an earnings per share basis. NovoCure employs 782 workers across the globe.

What is NovoCure's official website?

The official website for NovoCure is www.novocure.com.

How can I contact NovoCure?

NovoCure's mailing address is NO. 4 THE FORUM GRENVILLE STREET, ST. HELIER Y9, JE2 4UF. The medical equipment provider can be reached via phone at 44-0-15-3475-6700 or via email at [email protected]

This page was last updated on 1/15/2021 by MarketBeat.com Staff

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