NVEC Price Forecast Based on Dividend Discount Model

A technique commonly used by dividend investors to value dividend-issuing stocks is the Dividend Discount Model (DDM), which seeks to determine a fair share price based on the dividend provided by the company relative to a number of other company-specific factors. As for NVEC, the DDM model, as implemented by StockNews, implies a positive return of 118.84% relative to its current price. Some interesting points we thought investors may wish to consider regarding the dividend discount model forecast for Nve Corp are:

• Relative to all dividend yielding stocks in our set, Nve Corp produces a dividend yield 8.16% -- which falls in the top 8.68000000000001%.
• In comparison to other US listed dividend yielding stocks in the Technology sector, the expected return of 118.84%, based on the stock's current share price and target price based on a dividend discount model, is greater than 92.74% of the DDM-forecasted return of its its sector peers.
• Out of all stocks in our universe of US-listed dividend-issuing stocks, NVEC has a discount rate lower than 92.74% of them (a lower discount rate is associated with lower risk).
• Beta is a measure of how volatile a stock is relative to the S&P 500; when evaluated against its peers in the small-sized revenue class, Nve Corp has a beta lower than 67.48% of such peers.

NVEC Dividends vs. Peers