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NASDAQ:NVCR

NovoCure (NVCR) Stock Price, News & Analysis

$16.88
-1.17 (-6.48%)
(As of 09/6/2024 ET)
Today's Range
$16.35
$18.21
50-Day Range
$16.00
$23.35
52-Week Range
$10.87
$24.74
Volume
1.19 million shs
Average Volume
1.37 million shs
Market Capitalization
$1.82 billion
P/E Ratio
N/A
Dividend Yield
N/A
Price Target
$25.50

NovoCure MarketRank™ Stock Analysis

Analyst Rating
Moderate Buy
2.50 Rating Score
Upside/​Downside
51.1% Upside
$25.50 Price Target
Short Interest
Healthy
6.65% of Float Sold Short
Dividend Strength
N/A
Sustainability
-1.15
Upright™ Environmental Score
News Sentiment
0.04mentions of NovoCure in the last 14 days
Based on 12 Articles This Week
Insider Trading
Selling Shares
$13,856 Sold Last Quarter
Proj. Earnings Growth
Decreasing
From ($1.34) to ($1.45) 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.

3.74 out of 5 stars

Medical Sector

229th out of 910 stocks

Surgical & Medical Instruments Industry

28th out of 95 stocks

NVCR stock logo

About NovoCure Stock (NASDAQ:NVCR)

NovoCure Limited, an oncology company, engages in the development, manufacture, and commercialization of tumor treating fields (TTFields) devices for the treatment of solid tumor cancers in the United States, Germany, Japan, Greater China, and internationally. The company's TTFields devices include Optune Gio and Optune Lua. It also has ongoing clinical trials investigating TTFields in brain metastases, gastric cancer, glioblastoma, liver cancer, non-small cell lung cancer, pancreatic cancer, and ovarian cancer. NovoCure Limited was incorporated in 2000 and is headquartered in Saint Helier, Jersey.

NVCR Stock Price History

NVCR Stock News Headlines

Why NovoCure Stock Dived by 13% This Week
NovoCure Leadership Transition Signals Stability and Earns Buy Rating
The solution to fast food’s wage hike crisis
Shake Shack will be closing six California locations in response to the recent $20/hour minimum wage increase, according to the NY Post. With a sky-high 150% turnover rate, the fast food industry is already grappling with labor issues before taking into account these wage hikes. The industry will need a projected 1 million new workers every year through 2032.
Novocure Shares Drop 12% on Resignation of Longtime CEO
Novocure Announces Planned CEO Transition
Novocure names Ashley Cordova as CEO
The solution to fast food’s wage hike crisis
Shake Shack will be closing six California locations in response to the recent $20/hour minimum wage increase, according to the NY Post. With a sky-high 150% turnover rate, the fast food industry is already grappling with labor issues before taking into account these wage hikes. The industry will need a projected 1 million new workers every year through 2032.
NVCR Jan 2025 145.000 call
NVCR Dec 2024 22.500 call
NVCR Sep 2024 10.000 call
NovoCure Limited (NVCR)
NVCR Mar 2025 20.000 put (NVCR250321P00020000)
See More Headlines
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Company Calendar

Last Earnings
7/25/2024
Today
9/07/2024
Next Earnings (Estimated)
10/24/2024
Fiscal Year End
12/31/2024

Industry, Sector and Symbol

Sector
Medical
Industry
Surgical & medical instruments
Sub-Industry
Medical Equipment
Current Symbol
NASDAQ:NVCR
Fax
N/A
Employees
1,453
Year Founded
N/A

Price Target and Rating

Average Stock Price Target
$25.50
High Stock Price Target
$40.00
Low Stock Price Target
$17.00
Potential Upside/Downside
+51.1%
Consensus Rating
Moderate Buy
Rating Score (0-4)
2.50
Research Coverage
6 Analysts

Profitability

Net Income
$-207,040,000.00
Pretax Margin
-25.66%

Debt

Sales & Book Value

Annual Sales
$549.96 million
Book Value
$3.34 per share

Miscellaneous

Free Float
100,842,000
Market Cap
$1.82 billion
Optionable
Optionable
Beta
0.71
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NVCR Stock Analysis - Frequently Asked Questions

How have NVCR shares performed this year?

NovoCure's stock was trading at $14.93 at the beginning of the year. Since then, NVCR stock has increased by 13.1% and is now trading at $16.88.
View the best growth stocks for 2024 here
.

How were NovoCure's earnings last quarter?

NovoCure Limited (NASDAQ:NVCR) posted its quarterly earnings data on Thursday, July, 25th. The medical equipment provider reported ($0.31) EPS for the quarter, beating the consensus estimate of ($0.40) by $0.09. NovoCure's revenue for the quarter was up 19.3% compared to the same quarter last year.

What is Asaf Danziger's approval rating as NovoCure's CEO?

17 employees have rated NovoCure Chief Executive Officer Asaf Danziger on Glassdoor.com. Asaf Danziger has an approval rating of 90% among the company's employees.

Who are NovoCure's major shareholders?

NovoCure's top institutional investors include Baillie Gifford & Co. (1.57%), Renaissance Technologies LLC (0.71%), Federated Hermes Inc. (0.69%) and Marshall Wace LLP (0.46%). Insiders that own company stock include William F Doyle, Wilhelmus Cm Groenhuysen, Ashley Cordova, W Anthony Vernon, Frank X Leonard, Pritesh Shah, Uri Weinberg, Ely Benaim, Asaf Danziger, Jeryl L Hilleman and Todd Christopher Longsworth.
View institutional ownership trends
.

How do I buy shares of NovoCure?

Shares of NVCR 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 NovoCure own?

Based on aggregate information from My MarketBeat watchlists, some other companies that 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) and Viper Energy (VNOM).

This page (NASDAQ:NVCR) was last updated on 9/7/2024 by MarketBeat.com Staff

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