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. The company also offers spintronic couplers, such as IL500-series couplers, IL600-series passive-input couplers, IL700/IL200-series high-speed couplers, IL4/IL3-series isolated network couplers, and IL800-series top-of-the-line couplers. In addition, it licenses the spintronic magnetoresistive random access memory technology, as well as conducts contract research and development activities. The company sells its products through distributors in the United States, Europe, the Middle East, Africa, Asia-Pacific, and internationally. NVE Corporation was founded in 1989 and is headquartered in Eden Prairie, Minnesota.
Industry, Sector and Symbol
Stock Exchange NASDAQ
Industry Semiconductors & related devices
Sub-IndustrySemiconductors
SectorComputer and Technology
Current SymbolNASDAQ:NVEC
Previous Symbol
CUSIP62944520
Phone952-829-9217
Debt
Debt-to-Equity RatioN/A
Current Ratio52.48
Quick Ratio47.45
Price-To-Earnings
Trailing P/E Ratio28.73
Forward P/E RatioN/A
P/E GrowthN/A
Sales & Book Value
Annual Sales$29.86 million
Price / Sales15.40
Cash Flow$3.1520 per share
Price / Cash Flow30.14
Book Value$17.85 per share
Price / Book5.32
Profitability
EPS (Most Recent Fiscal Year)N/A
Net Income$13.91 million
Net Margins52.49%
Return on Equity18.42%
Return on Assets18.20%
Miscellaneous
Employees45
Outstanding Shares4,840,000
Market Cap$455 million
OptionableNot Optionable
NVE (NASDAQ:NVEC) Frequently Asked Questions
What is NVE's stock symbol?
NVE trades on the NASDAQ under the ticker symbol "NVEC."
How often does NVE pay dividends? What is the dividend yield for NVE?
NVE declared a quarterly dividend on Tuesday, October 16th. Stockholders of record on Monday, October 29th will be paid a dividend of $1.00 per share on Friday, November 30th. This represents a $4.00 dividend on an annualized basis and a dividend yield of 4.21%. The ex-dividend date is Friday, October 26th. View NVE's Dividend History.
How were NVE's earnings last quarter?
NVE Corp (NASDAQ:NVEC) posted its earnings results on Monday, October, 15th. The semiconductor company reported $0.88 EPS for the quarter. The semiconductor company had revenue of $7.51 million for the quarter. NVE had a net margin of 52.49% and a return on equity of 18.42%. View NVE's Earnings History.
When is NVE's next earnings date?
Has NVE been receiving favorable news coverage?
News coverage about NVEC stock has trended somewhat positive on Thursday, according to InfoTrie Sentiment. The research group identifies negative and positive press coverage by reviewing more than six thousand blog and news sources in real time. The firm ranks coverage of companies on a scale of negative five to five, with scores nearest to five being the most favorable. NVE earned a media sentiment score of 2.0 on InfoTrie's scale. They also gave media coverage about the semiconductor company a news buzz of 10.0 out of 10, meaning that recent press coverage is extremely likely to have an effect on the stock's share price in the next few days.
Who are some of NVE's key competitors?
Some companies that are related to NVE include Solaredge Technologies (SEDG), Acacia Communications (ACIA), BE Semiconductor Industrs (BESIY), Diodes (DIOD), Inphi (IPHI), Tower Semiconductor (TSEM), Amkor Technology (AMKR), Oclaro (OCLR), OSI Systems (OSIS), Synaptics (SYNA), MaxLinear (MXL), Kulicke and Soffa Industries (KLIC), Ambarella (AMBA), Silicon Motion Technology (SIMO) and FormFactor (FORM).
Who are NVE's key executives?
NVE's management team includes the folowing people:
- Dr. Daniel A. Baker, CEO, Pres & Director (Age 60)
- Mr. Curt A. Reynders, CFO, Treasurer & Sec. (Age 55)
- Mr. Peter G. Eames, VP of Advanced Technology (Age 42)
- Mr. Timothy R. Hazelton, VP of Sales (Age 53)
- Mr. John K. Myers, VP of New Bus. Devel. (Age 69)
Who are NVE's major shareholders?
NVE's stock is owned by a variety of of retail and institutional investors. Top institutional shareholders include Conestoga Capital Advisors LLC (9.14%), BlackRock Inc. (7.24%), Vanguard Group Inc. (4.56%), Wells Fargo & Company MN (3.32%), Dimensional Fund Advisors LP (2.55%) and Renaissance Technologies LLC (2.25%). Company insiders that own NVE stock include Curt A Reynders, Patricia M Hollister and Terrence Glarner. View Institutional Ownership Trends for NVE.
Which institutional investors are selling NVE stock?
NVEC stock was sold by a variety of institutional investors in the last quarter, including Cadence Capital Management LLC, Wasatch Advisors Inc., Granite Investment Partners LLC, Credit Suisse AG, Bahl & Gaynor Inc., US Bancorp DE and PNC Financial Services Group Inc.. Company insiders that have sold NVE company stock in the last year include Curt A Reynders, Patricia M Hollister and Terrence Glarner. View Insider Buying and Selling for NVE.
Which institutional investors are buying NVE stock?
NVEC stock was bought by a variety of institutional investors in the last quarter, including Conestoga Capital Advisors LLC, Wells Fargo & Company MN, Dimensional Fund Advisors LP, First Trust Advisors LP, AQR Capital Management LLC, BlackRock Inc., Morgan Stanley and Renaissance Technologies LLC. View Insider Buying and Selling for NVE.
How do I buy shares of NVE?
Shares of NVEC can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Scottrade, Fidelity and Charles Schwab.
What is NVE's stock price today?
One share of NVEC stock can currently be purchased for approximately $95.00.
How big of a company is NVE?
NVE has a market capitalization of $455 million and generates $29.86 million in revenue each year. NVE employs 45 workers across the globe.
What is NVE's official website?
How can I contact NVE?
NVE's mailing address is 11409 VALLEY VIEW ROAD, EDEN PRAIRIE MN, 55344. The semiconductor company can be reached via phone at 952-829-9217.
MarketBeat Community Rating for NVE (NASDAQ NVEC)
MarketBeat's community ratings are surveys of what our community members think about NVE and other stocks. Vote "Outperform" if you believe NVEC will outperform the S&P 500 over the long term. Vote "Underperform" if you believe NVEC will underperform the S&P 500 over the long term. You may vote once every thirty days.
