Buy, Sell Or Hold Nevro Corp (NYSE:NVRO) At $11.29?

ZM Stock

In last trading session, Nevro Corp (NYSE:NVRO) saw 0.37 million shares changing hands with its beta currently measuring 0.97. Company’s recent per share price level of $11.29 trading at $0.14 or 1.26% at ring of the bell on the day assigns it a market valuation of $410.96M. That closing price of NVRO’s stock is at a discount of -155.89% from its 52-week high price of $28.89 and is indicating a premium of 9.03% from its 52-week low price of $10.27. Taking a look at company’s average trading volume volume of 492.85K if we extend that period to 3-months.

Nevro Corp (NYSE:NVRO) trade information

Upright in the green during last session for gaining 1.26%, in the last five days NVRO remained trading in the red while hitting it’s week-highest on Friday, 05/03/24 when the stock touched $11.29 price level, adding 4.24% to its value on the day. Nevro Corp’s shares saw a change of -47.54% in year-to-date performance and have moved -0.27% in past 5-day. Nevro Corp (NYSE:NVRO) showed a performance of -14.53% in past 30-days.

Nevro Corp (NVRO) estimates and forecasts

Statistics highlight that Nevro Corp is scoring comparatively lower than the scores of other players of the relevant industry. The company lost -22.67% of value to its shares in past 6 months, showing an annual growth rate of -3.25% while that of industry is 14.80. Apart from that, the company came lowering its revenue forecast for fiscal year 2024. This year revenue growth is estimated to rise 3.70% from the last financial year’s standing.

16 industry analysts have given their estimates about the company’s current quarter revenue by setting an average figure of 97.89M for the same. And 16 analysts are in estimates of company making revenue of 111.24M in the next quarter. Company posted 95.18M and 108.81M of sales in current and next quarters respectively a year earlier.

Weighing up company’s earnings over the past 5-year and in the next 5-year periods, we find the company posting an annual earnings growth rate of -9.37% during past 5 years.

NVRO Dividends

Nevro Corp is more likely to be releasing its next quarterly report in June and investors are confident in the company announcing better current-quarter dividends despite the fact that it has been facing issues arising out of mounting debt.