NOVO-B - Novo Nordisk A/S - Stock Price & Dividends

Exchange: Copenhagen Exchange • Country: Denmark • Currency: DKK • Type: Common Stock • ISIN: DK0062498333

Insulin, Diabetes, Obesity, Hormone, Growth

Novo Nordisk A/S is a leading global healthcare company that focuses on developing innovative solutions to improve the lives of people with diabetes and other serious diseases. Through its subsidiaries, the company engages in the research, development, manufacturing, and distribution of pharmaceutical products across various regions, including Europe, the Middle East, Africa, Mainland China, Hong Kong, Taiwan, North America, and other international markets.

Novo Nordisk A/S operates through two main segments: Diabetes and Obesity Care, and Rare Disease. The Diabetes and Obesity Care segment provides a range of products that address diabetes, obesity, cardiovascular health, and emerging therapy areas. This segment is committed to helping people manage their diabetes and obesity through innovative treatments and solutions.

The Rare Disease segment offers products that cater to rare blood disorders, rare endocrine disorders, and hormone replacement therapy. This segment aims to improve the lives of people affected by rare diseases through its specialized products and services.

In addition to its pharmaceutical products, Novo Nordisk A/S also provides various accessories and tools, such as insulin pens, growth hormone pens, and injection needles, to make it easier for people to manage their conditions. The company also offers smart solutions, including smart insulin pens and the Dose Check application, which helps people with diabetes track their insulin doses and make informed decisions about their treatment.

Novo Nordisk A/S has a collaboration agreement with Aspen Pharmaceuticals to produce insulin products, further expanding its reach and capabilities. The company was founded in 1923 and is headquartered in Bagsvaerd, Denmark. Its commitment to innovation, quality, and customer satisfaction has made it a leader in the global healthcare industry. You can learn more about the company and its activities on its website: https://www.novonordisk.com

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Drawdown / Underwater Chart for NOVO-B - Novo Nordisk A/S  - Stock Price & Dividends

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Drawdown / Underwater Chart for NOVO-B - Novo Nordisk A/S  - Stock Price & Dividends

NOVO-B Stock Overview

Market Cap in USD 596,582m
Sector Healthcare
Industry Biotechnology
GiC SubIndustry Biotechnology
TER 0.00%
IPO / Inception

NOVO-B Stock Ratings

Growth 5y 96.2
Fundamental 68.7
Dividend 63.1
Rel. Performance vs Sector 0.73
Analysts -
Fair Price Momentum 1129.55 DKK
Fair Price DCF 392.57 DKK

NOVO-B Dividends

Dividend Yield 12m 1.08%
Yield on Cost 5y 6.29%
Dividends CAGR 5y 11.67%
Payout Consistency 98.2%

NOVO-B Growth Ratios

Growth 12m 67.33%
Growth Correlation 12m 82%
Growth Correlation 3m 30%
CAGR 5y 42.44%
CAGR/Mean DD 5y 9.93
Sharpe Ratio 12m 1.97
Alpha vs SP500 12m 53.92
Beta vs SP500 5y weekly 0.52
ValueRay RSI 1.51
Volatility GJR Garch 1y 33.95%
Price / SMA 50 -8.53%
Price / SMA 200 6.66%
Current Volume 3662.7k
Average Volume 20d 2297.7k

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What is the price of NOVO-B stocks?
As of July 27, 2024, the stock is trading at DKK 873.70 with a total of 3,662,709 shares traded.
Over the past week, the price has changed by -3.58%, over one month by -13.24%, over three months by -1.45% and over the past year by +61.90%.
What are the forecast for NOVO-B stock price target?
According to ValueRays Forecast Model, NOVO-B Novo Nordisk A/S will be worth about 1243.2 in July 2025. The stock is currently trading at 873.70. This means that the stock has a potential upside of +42.29%.
Issuer Forecast Upside
Wallstreet Target Price 963.2 10.2
Analysts Target Price - -
ValueRay Target Price 1243.2 42.3

The History of Novo Nordisk A/S

Novo Nordisk A/S, a global healthcare company, has its roots firmly planted in Denmark. Born from the merger of two Danish companies, Novo Terapeutisk Laboratorium and Nordisk Insulinlaboratorium in 1989, its legacy dates back to the early 20th century, focusing on diabetes care. An enduring commitment to innovation and care has guided its journey, evolving from providing insulin to offering a wide range of healthcare solutions.

Core Business

At its core, Novo Nordisk is dedicated to defeating diabetes. Its broad portfolio of insulin products and diabetes care technologies stands testament to this mission. The company leads in diabetic care, investing heavily in research and development to bring forward new treatment options and insulin analogues to improve the quality of life for people with diabetes.

Side Business Ventures

Beyond diabetes care, Novo Nordisk has diversified into other areas of healthcare. This includes haemophilia treatments, growth hormone therapy, and weight management solutions. Each of these sectors represents a strategic expansion, leveraging their extensive knowledge in biopharmaceuticals to address complex health issues, aiming for a holistic approach to healthcare.

Current Market Status

Today, Novo Nordisk A/S (CO:NOVO-B) maintains a strong presence in the global healthcare market. Its continued focus on innovation, along with a growing demand for diabetes care and obesity treatments, positions the company favorably. Despite the inherent challenges in the sector, including regulatory hurdles and market competition, Novo Nordisk's dedication to addressing chronic diseases keeps it at the forefront of the industry. The company's stock reflects its robust financial health and the trust investors place in its mission and strategic direction.