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Nvidia (NASDAQ: NVDA) had a very good year in 2021. NVDA stock rose from a closing price of $130.44 on Dec. 31, 2020, to $291.11 on Dec. 31. This means it rose 123% during 2021, which is a fantastic return.What is the PEG ratio for NVDA stock?
We can also see that NVDA currently has a PEG ratio of 2.81. This popular metric is similar to the widely-known P/E ratio, with the difference being that the PEG ratio also takes into account the company's expected earnings growth rate. NVDA's industry had an average PEG ratio of 2.55 as of yesterday's close.What was the operating margin for Nvidia for the quarter?
Moreover, Nvidia produced an operating profit of $2.671 billion on the $7.1 billion in revenue, or a 37.6% operating margin. FCF was reported by the company as $1.276 billion for the quarter. This implies that its FCF margin was 18%.Who is the Chief Executive Officer of Nvidia?
Chief Executive Officer Jensen Huang, who is also the founder of the company, said that “Demand for NVIDIA is surging, driven by hyperscale and cloud scale-out.” He also said that there was “broadening adoption by more than 25,000 companies” for their products.