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NYSE:NVS

Novartis (NVS) Stock Price, News & Analysis

$117.62
+0.49 (+0.42%)
(As of 08/21/2024 ET)
Today's Range
$116.93
$117.75
50-Day Range
$104.93
$117.62
52-Week Range
$92.19
$117.75
Volume
711,792 shs
Average Volume
1.20 million shs
Market Capitalization
$240.42 billion
P/E Ratio
15.87
Dividend Yield
2.07%
Price Target
$118.13

Novartis MarketRank™ Stock Analysis

Analyst Rating
Hold
2.14 Rating Score
Upside/​Downside
0.4% Upside
$118.13 Price Target
Short Interest
Healthy
0.29% of Float Sold Short
Dividend Strength
Moderate
Based on Four Factors
Sustainability
N/A
News Sentiment
0.22mentions of Novartis in the last 14 days
Based on 8 Articles This Week
Insider Trading
N/A
Proj. Earnings Growth
11.02%
From $7.44 to $8.26 Per Share

Overall MarketRank

New Rank-Based ScoringMarketRank is calculated by averaging available category scores (with extra weight given to analysis and valuation), then ranking the company's weighted average against that of other companies.

1.31 out of 5 stars

Medical Sector

759th out of 924 stocks

Pharmaceutical Preparations Industry

352nd out of 426 stocks

NVS stock logo

About Novartis Stock (NYSE:NVS)

Novartis AG engages in the research, development, manufacture, and marketing of healthcare products in Switzerland and internationally. The company offers prescription medicines for patients and physicians. It focuses on therapeutic areas, such as cardiovascular, renal and metabolic, immunology, neuroscience, and oncology, as well as ophthalmology and hematology. Novartis AG has a license and collaboration agreement with Alnylam Pharmaceuticals to develop, manufacture, and commercialize inclisiran, a therapy to reduce LDL cholesterol; and Dawn Health for the development and commercialization of Ekiva, a digital solution designed for people living with Paroxysmal Nocturnal Hemoglobinuria. The company was incorporated in 1996 and is headquartered in Basel, Switzerland.

NVS Stock Price History

NVS Stock News Headlines

Brokerages Set Novartis AG (NYSE:NVS) Target Price at $118.13
Wanted Dead: Petrodollar
The death of the "petrodollar" seems imminent. And the implications could not be worse for Americans. Russia, China and India have decided to abandon the petrodollar.
Wanted Dead: Petrodollar
The death of the "petrodollar" seems imminent. And the implications could not be worse for Americans. Russia, China and India have decided to abandon the petrodollar.
US FDA approves Novartis' kidney disease drug
See More Headlines
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Company Calendar

Last Earnings
7/18/2024
Today
8/21/2024
Next Earnings (Estimated)
10/22/2024
Fiscal Year End
12/31/2024

Industry, Sector and Symbol

Sector
Medical
Industry
Pharmaceutical preparations
Sub-Industry
Pharmaceutical Products
Employees
76,057
Year Founded
1996

Price Target and Rating

Average Stock Price Target
$118.13
High Stock Price Target
$122.50
Low Stock Price Target
$114.00
Potential Upside/Downside
+0.4%
Consensus Rating
Hold
Rating Score (0-4)
2.14
Research Coverage
7 Analysts

Profitability

Net Income
$14.85 billion
Pretax Margin
22.75%

Debt

Sales & Book Value

Annual Sales
$45.44 billion
Cash Flow
$11.40 per share
Book Value
$22.87 per share

Miscellaneous

Outstanding Shares
2,044,000,000
Free Float
2,043,796,000
Market Cap
$240.42 billion
Optionable
Optionable
Beta
0.57

Social Links

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Key Executives

  • Dr. Vasant Narasimhan M.D. (Age 48)
    Chief Executive Officer
    Comp: $8.01M
  • Mr. Harry Kirsch (Age 59)
    Chief Financial Officer
    Comp: $3.99M
  • Mr. Victor Bulto (Age 46)
    President of US
    Comp: $3.28M
  • Dr. Patrick Horber M.D. (Age 54)
    President of International
    Comp: $7.31M
  • Dr. Steffen Lang Ph.D. (Age 57)
    President of Operations
    Comp: $2.34M
  • Paul Penepent
    Head of Group Financial Reporting and Accounting
  • Ms. Sloan Simpson
    Global Head of Investor Relations
  • Dr. Klaus Moosmayer Ph.D. (Age 56)
    Chief Ethics, Risk & Compliance Officer
    Comp: $1.55M
  • Ms. Karen L. Hale (Age 56)
    Chief Legal Officer
    Comp: $2.34M
  • Dr. Robert Kowalski Pharm.D. (Age 56)
    Chief People & Organization Officer
    Comp: $2.1M

Should I Buy Novartis Stock? NVS Pros and Cons Explained

Pros

Here are some ways that investors could benefit from investing in Novartis AG:

  • Novartis AG has recently launched a groundbreaking new drug that is expected to significantly boost revenue and profits.
  • The company's stock price has been steadily increasing over the past year, indicating positive investor sentiment.
  • Novartis AG has a strong pipeline of innovative products in development, which could drive future growth.
  • Recent acquisitions by Novartis AG have expanded its market reach and diversified its product portfolio.
  • Novartis AG has a solid financial position with healthy cash reserves and low debt levels, providing stability and flexibility for future investments.

Cons

Investors should be bearish about investing in Novartis AG for these reasons:

  • There is potential regulatory risk associated with the pharmaceutical industry, which could impact Novartis AG's operations and profitability.
  • Competition in the healthcare sector is intense, and Novartis AG may face challenges in maintaining market share and pricing power.
  • Global economic uncertainties and geopolitical tensions could affect Novartis AG's international operations and revenue streams.
  • The healthcare sector is subject to rapid technological advancements and changing consumer preferences, posing risks of product obsolescence for Novartis AG.
  • Fluctuations in currency exchange rates could impact Novartis AG's financial performance, especially in markets with high volatility.
These pros and cons were generated based on recent news and financial data from MarketBeat in order to provide readers with the fastest and most accurate insights. They were last updated on Sunday, August 18, 2024. Please send any questions or comments about these Novartis pros and cons to contact@marketbeat.com.

NVS Stock Analysis - Frequently Asked Questions

How have NVS shares performed this year?

Novartis' stock was trading at $100.97 at the start of the year. Since then, NVS shares have increased by 16.5% and is now trading at $117.62.
View the best growth stocks for 2024 here
.

How were Novartis' earnings last quarter?

Novartis AG (NYSE:NVS) announced its quarterly earnings results on Thursday, July, 18th. The company reported $1.97 earnings per share for the quarter, beating analysts' consensus estimates of $1.87 by $0.10. The firm earned $12.87 billion during the quarter, compared to the consensus estimate of $12.24 billion. Novartis had a net margin of 33.76% and a trailing twelve-month return on equity of 34.56%.

What is Vas Narasimhan's approval rating as Novartis' CEO?

938 employees have rated Novartis Chief Executive Officer Vas Narasimhan on Glassdoor.com. Vas Narasimhan has an approval rating of 95% among the company's employees. This puts Vas Narasimhan in the top 30% of approval ratings compared to other CEOs of publicly-traded companies.

Does Novartis have any subsidiaries?

Novartis subsidiaries include these companies: Gyroscope Therapeutics, Arctos Medical, Cellerys, Cadent Therapeutics, Vedere Bio, Vedere Bio ll, Amblyotech, and more.

Who are Novartis' major shareholders?

Novartis' top institutional shareholders include Primecap Management Co. CA (0.60%), Dimensional Fund Advisors LP (0.36%), Renaissance Technologies LLC (0.12%) and Principal Financial Group Inc. (0.12%).

How do I buy shares of Novartis?

Shares of NVS stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.
Compare Top Brokerages Here.

What other stocks do shareholders of Novartis own?

Based on aggregate information from My MarketBeat watchlists, some other companies that Novartis investors own include Johnson & Johnson (JNJ), Pfizer (PFE), AbbVie (ABBV), Intel (INTC), AT&T (T), Walt Disney (DIS) and Gilead Sciences (GILD).

This page (NYSE:NVS) was last updated on 8/22/2024 by MarketBeat.com Staff

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