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NovoCure Ltd (NVCR)
NASDAQ:NVCR
NovoCure (NVCR) Stock Price & Analysis
1,370 Followers
NVCR Stock Chart & Stats
Day’s Range$0 - $0
52-Week Range$10.87 - $41.51
Previous Close$18.4
Volume685.58K
Average Volume (3M)1.48M
Market Cap
$1.98B
Enterprise Value$1.71B
Total Cash (Recent Filing)$870.15M
Total Debt (Recent Filing)$595.26M
Price to Earnings (P/E)―
Beta1.54
Next Earnings
Jul 25, 2024EPS Estimate
-$0.4Next Dividend Ex-DateN/A
Dividend YieldN/A
Share Statistics
EPS (TTM)-1.80
Shares Outstanding107,611,077
10 Day Avg. Volume1,073,154
30 Day Avg. Volume1,479,273
Standard Deviation0.21
R-Squared0.04
Alpha-0.00406
Financial Highlights & Ratios
Price to Book (P/B)5.66
Price to Sales (P/S)4.03
Price to Cash Flow (P/CF)-35.20
P/FCF Ratio0.00
Enterprise Value/Market CapN/A
Enterprise Value/Revenue3.24
Enterprise Value/Gross Profit4.47
Enterprise Value/Ebitda-10.28
Forecast
1Y Price Target
$22.50Price Target Upside22.28% Upside
Rating ConsensusModerate Buy
Number of Analyst Covering5
NovoCure News
PremiumCompany Announcements
NovoCure Shareholders Elect Directors and Endorse Key Proposals
Bulls Say, Bears Say
Bulls Say
Clinical ResultsRecent pipeline progress was also highlighted, including positive top-line results from the Phase III METIS study evaluating Tumor Treating Fields (TTFields) in non-small cell lung cancer (NSCLC) brain metastases.
Financial PerformanceNVCR reported total 1Q24 revenues of $138.5M, above consensus estimates of $131.7M.
Market ExpansionThe company initiated a direct to consumer (DTC) campaign in April, including television ads, which could lead to greater Optune awareness.
Bears Say
Clinical Utility SkepticismMEDACorp key opinion leaders were fairly skeptical on the clinical utility of the program in this setting.
Study Results InterpretationQuestions remain as it relates to the interpretation of the study results.
Survival BenefitThere was no discernible overall survival benefit in the study arm compared to the control arm.
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Risk Analysis
Main Risk Category
Legal & RegulatoryLitigation, compliance, new legislation, and taxation risks
NVCR FAQ
What was NovoCure Ltd’s price range in the past 12 months?
NovoCure Ltd lowest stock price was $10.87 and its highest was $41.51 in the past 12 months.
What is NovoCure Ltd’s market cap?
Currently, no data Available
When is NovoCure Ltd’s upcoming earnings report date?
NovoCure Ltd’s upcoming earnings report date is Jul 25, 2024 which is in 3 days.
How were NovoCure Ltd’s earnings last quarter?
NovoCure Ltd released its earnings results on May 02, 2024. The company reported -$0.36 earnings per share for the quarter, beating the consensus estimate of -$0.42 by $0.06.
Is NovoCure Ltd overvalued?
According to Wall Street analysts NovoCure Ltd’s price is currently Undervalued.
Does NovoCure Ltd pay dividends?
NovoCure Ltd does not currently pay dividends.
What is NovoCure Ltd’s EPS estimate?
NovoCure Ltd’s EPS estimate is -$0.4.
How many shares outstanding does NovoCure Ltd have?
NovoCure Ltd has 107,611,080 shares outstanding.
What happened to NovoCure Ltd’s price movement after its last earnings report?
NovoCure Ltd reported an EPS of -$0.36 in its last earnings report, beating expectations of -$0.42. Following the earnings report the stock price went up 11.381%.
Which hedge fund is a major shareholder of NovoCure Ltd?
Among the largest hedge funds holding NovoCure Ltd’s share is Coatue Management, LLC. It holds NovoCure Ltd’s shares valued at 10M.
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NovoCure Stock Smart Score
Unlock Smart Score
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Analyst Consensus
Moderate Buy
Average Price Target:
$22.50 (22.28% Upside)
$22.50 (22.28% Upside)
Blogger Sentiment
Neutral
NVCR Sentiment 50%
Sector Average 71%
Sector Average 71%
Hedge Fund Trend
Decreased
By 164.8K Shares
Last Quarter.
Last Quarter.
Insider Transactions
Sold Shares
Worth $69.1K over
the Last 3 Months
the Last 3 Months
Crowd Wisdom
Positive
Last 7 Days ▼ 0.6%
Last 30 Days ▲ 2.4%
Last 30 Days ▲ 2.4%
Technicals
SMA
Positive
20 days / 200 days
Momentum
-52.92%
12-Months-Change
Fundamentals
Return on Equity
-48.70%
Trailing 12-Months
Asset Growth
-4.51%
Trailing 12-Months
Company Description
NovoCure Ltd
NovoCure Ltd. develops treatment for tumors. Its platform is called the Tumor Treating Field which used electric fields tuned to specific frequencies to disrupt solid tumor cancer cell division. The company was founded by Yoram Palti in 2000 and is headquartered in St. Helier, Jersey.
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NVCR Company Deck
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NVCR Earnings Call
Q1 2024
0:00 / 0:00
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NVCR Net revenue Breakdown
68.67% U.S.
11.82% Germany
8.74% Japan
6.22% Other EMEA
4.56% Greater China
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NVCR Stock 12 Month Forecast
Average Price Target
$22.50
▲(22.28% Upside)
Technical Analysis
Arrowhead Pharmaceuticals
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Ionis Pharmaceuticals
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Crispr Therapeutics AG
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Organovo Holdings
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Best Analysts Covering NVCR
1 Year
1 Year Success Rate
11/16 ratings generated profit
1 Year Average Return
+21.71%
reiterated a buy rating 3 months ago
Copying Larry Biegelsen's trades and holding each position for 1 Year would result in 68.75% of your transactions generating a profit, with an average return of +21.71% per trade.
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