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
Industry Semiconductors & related devices
Sub-IndustrySemiconductors
SectorComputer and Technology
SymbolNASDAQ:NVEC
CUSIP62944520
Phone952-829-9217
Debt
Debt-to-Equity RatioN/A
Current Ratio33.36
Quick Ratio29.63
Price-To-Earnings
Trailing P/E Ratio39.86
Forward P/E RatioN/A
P/E GrowthN/A
Sales & Book Value
Annual Sales$29.86 million
Price / Sales18.80
Cash Flow$3.1166 per share
Price / Cash37.22
Book Value$17.85 per share
Price / Book6.50
Profitability
EPS (Most Recent Fiscal Year)$2.91
Net Income$13.91 million
Net Margins46.59%
Return on Equity15.90%
Return on Assets15.68%
Miscellaneous
Employees45
Outstanding Shares4,840,000
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 announced a quarterly dividend on Thursday, May 3rd. Stockholders of record on Monday, May 14th will be given a dividend of $1.00 per share on Thursday, May 31st. This represents a $4.00 dividend on an annualized basis and a dividend yield of 3.45%. The ex-dividend date is Friday, May 11th. View NVE's Dividend History.
How were NVE's earnings last quarter?
NVE Corp (NASDAQ:NVEC) released its quarterly earnings data on Wednesday, May, 2nd. The semiconductor company reported $0.80 EPS for the quarter. The semiconductor company earned $7.90 million during the quarter. NVE had a return on equity of 15.90% and a net margin of 46.59%. View NVE's Earnings History.
When is NVE's next earnings date?
What price target have analysts set for NVEC?
1 analysts have issued twelve-month target prices for NVE's shares. Their forecasts range from $79.00 to $79.00. On average, they expect NVE's share price to reach $79.00 in the next year. View Analyst Ratings for NVE.
Who are some of NVE's key competitors?
Some companies that are related to NVE include Viavi Solutions (VIAV), Amkor Technology (AMKR), Solaredge Technologies (SEDG), Finisar (FNSR), Diodes (DIOD), Silicon Motion Technology (SIMO), Synaptics (SYNA), Kulicke and Soffa Industries (KLIC), MACOM Technology Solutions (MTSI), Inphi (IPHI), Oclaro (OCLR), Rambus (RMBS), Ambarella (AMBA), Dialog Semiconductor (DLGNF) and Acacia Communications (ACIA).
Who are NVE's key executives?
NVE's management team includes the folowing people:
- Dr. Daniel A. Baker Ph.D., 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. John K. Myers, VP of New Bus. Devel. (Age 69)
- Mr. Timothy R. Hazelton, VP of Sales (Age 53)
Has NVE been receiving favorable news coverage?
News headlines about NVEC stock have trended somewhat positive on Monday, according to Accern Sentiment Analysis. The research firm identifies positive and negative media coverage by monitoring more than 20 million news and blog sources. Accern ranks coverage of companies on a scale of negative one to one, with scores nearest to one being the most favorable. NVE earned a media sentiment score of 0.13 on Accern's scale. They also assigned news headlines about the semiconductor company an impact score of 46.54 out of 100, indicating that recent media coverage is somewhat unlikely to have an impact on the company's share price in the next several days.
Who are NVE's major shareholders?
NVE's stock is owned by a variety of of retail and institutional investors. Top institutional investors include Kayne Anderson Rudnick Investment Management LLC (15.32%), Wells Fargo & Company MN (2.41%), Dimensional Fund Advisors LP (1.98%), Northern Trust Corp (1.39%), Wasatch Advisors Inc. (1.13%) and Connors Investor Services Inc. (0.62%). Company insiders that own NVE stock include Curt A Reynders, Patricia M Hollister and Terrence Glarner. View Institutional Ownership Trends for NVE.
Which major investors are selling NVE stock?
NVEC stock was sold by a variety of institutional investors in the last quarter, including The Manufacturers Life Insurance Company , Granite Investment Partners LLC, O Shaughnessy Asset Management LLC, Wasatch Advisors Inc., Guggenheim Capital LLC, Connors Investor Services Inc., UBS Group AG and Prudential Financial Inc.. Company insiders that have sold NVE company stock in the last year include Curt A Reynders and Terrence Glarner. View Insider Buying and Selling for NVE.
Which major investors are buying NVE stock?
NVEC stock was acquired by a variety of institutional investors in the last quarter, including Wells Fargo & Company MN, Dimensional Fund Advisors LP, Kayne Anderson Rudnick Investment Management LLC, Victory Capital Management Inc., M&T Bank Corp, Comerica Bank and Stifel Financial Corp. 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 $116.00.
How big of a company is NVE?
NVE has a market capitalization of $561.67 million and generates $29.86 million in revenue each year. The semiconductor company earns $13.91 million in net income (profit) each year or $2.91 on an earnings per share basis. NVE employs 45 workers across the globe.
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 (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.
