EPS for Novo Nordisk AS (ADR) (NVO) Expected At $0.56

Rufina Vignone
Agosto 5, 2017

The lowest price the stock reached in the last trading day was $47.07 and compares with the $25.56 52-week low. It has outperformed by 13.86% the S&P500.

According to Zacks, "Novo Nordisk's top line is driven by strong performance of products such as Victoza". 12Th Street Asset Management Company Llc sold 78,333 shares as Packaging Corp Amer (PKG)'s stock rose 4.29%. The company has a market capitalization of $106.05 billion, a PE ratio of 17.76 and a beta of 0.63.

Shares of Novo Nordisk A/S (NYSE:NVO) traded up 1.61% on Friday, reaching $42.16. After posting $0.58 EPS for the previous quarter, Novo Nordisk A S (ADR)'s analysts now forecast -3.45 % negative EPS growth. It has underperformed by 40.63% the S&P500.

Since May 9, 2017, it had 0 insider buys, and 1 insider sale for $139,340 activity. Arris Group Inc. had 26 analyst reports since July 24, 2015 according to SRatingsIntel. Needham maintained it with "Buy" rating and $36 target in Thursday, July 30 report. The rating was downgraded by Williams Capital Group to "Hold" on Tuesday, March 29. The stock has "Neutral" rating by Citigroup on Wednesday, August 31. As per Monday, June 19, the company rating was maintained by Williams Capital Group.

Several research firms recently weighed in on NVO. The company presently has an average rating of "Hold" and an average price target of $53.00.

Investors sentiment decreased to 1.08 in 2016 Q4. Its up 0.31, from 1.05 in 2016Q3. It turned negative, as 21 investors sold ALE shares while 76 reduced holdings. 32 funds opened positions while 28 raised stakes. State Common Retirement Fund has 0.01% invested in ALLETE Inc (NYSE:ALE) for 127,363 shares. New England Research And Management invested 2.97% in Washington Trust Bancorp (NASDAQ:WASH). Thompson Siegel And Walmsley Limited Liability Co owns 300 shares or 0% of their USA portfolio. 16,373 are owned by Liberty Mutual Group Inc Asset Mngmt. It also upped M & T Bk Corp (NYSE:MTB) stake by 3,387 shares and now owns 41,292 shares. Timessquare Ltd reported 190,000 shares. Parametric Port Associates Limited Co stated it has 0.02% in ALLETE Inc (NYSE:ALE). Manufacturers Life Insur The holds 0% or 7,743 shares. American International Inc holds 0% or 8,561 shares. Crow Point Partners Limited Liability has invested 0.1% in ALLETE Inc (NYSE:ALE). Great West Life Assurance Can reported 0% of its portfolio in Washington Trust Bancorp (NASDAQ:WASH). Envestnet Asset reported 4,118 shares.

Novo Nordisk A/S (NYSE:NVO) traded up 0.390% during trading on Thursday, hitting $42.465. The stock of Novo Nordisk A S (ADR) (NYSE:NVO) earned "Hold" rating by DNB Markets on Monday, October 31. Norman Fields Gottscho Capital Management LLC boosted its position in shares of Novo Nordisk A/S by 9.2% in the first quarter. Wall Street is only getting more bearish on the stock, with 0 of analysts who cover NVO having a buy-equivalent rating. Therefore 31% are positive. Finally, HSBC Holdings plc cut shares of Novo Nordisk A/S from a "hold" rating to a "reduce" rating in a research report on Friday, April 7th. Finally, TheStreet upgraded Novo Nordisk A/S from a c+ rating to a b- rating in a research report on Tuesday, May 2nd. The rating was initiated by Leerink Swann with "Market Perform" on Friday, August 28. Jyske Bank upgraded the shares of NVO in report on Monday, October 19 to "Strong Buy" rating. Barclays Capital downgraded the shares of PKG in report on Monday, February 6 to "Equal-Weight" rating. Five research analysts have rated the stock with a sell rating, seven have issued a hold rating and four have assigned a buy rating to the company's stock.

Orca Investment Management Llc increased Novo Nordisk A.S. Adr Formerly (NVO) stake by 24.22% reported in 2016Q4 SEC filing.

01/03/2017 - Novo Nordisk A/S was downgraded to "underweight" by analysts at JP Morgan. They expect $0.56 EPS, down 6.67% or $0.04 from last year's $0.6 per share.

Novo Nordisk A/S (NVO) surprised the stock market in its last reported earnings when it earned $0.58 a piece versus the consensus-estimated $0.53.

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