Now Is The Time To Build A Position In Nevro Corp (NYSE:NVRO)

Nevro Corp (NYSE:NVRO)’s traded shares stood at 0.4 million during the last session, with the company’s beta value hitting 0.95. At the close of trading, the stock’s price was $9.35, to imply an increase of 1.96% or $0.18 in intraday trading. The NVRO share’s 52-week high remains $28.42, putting it -203.96% down since that peak but still an impressive 4.49% since price per share fell to its 52-week low of $8.93. The company has a valuation of $343.43M, with an average of 523.86K shares over the past 3 months.

Nevro Corp (NYSE:NVRO) trade information

After registering a 1.96% upside in the last session, Nevro Corp (NVRO) has traded red over the past five days. The stock hit a weekly high of 9.56, jumping 1.96% in its intraday price action. The 5-day price performance for the stock is -0.43%, and -10.18% over 30 days. With these gigs, the year-to-date price performance is -56.55%.

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Nevro Corp (NVRO) estimates and forecasts

Looking at statistics comparing Nevro Corp share performance against respective industry, we note that the company has outperformed competitors. Nevro Corp (NVRO) shares are -44.21% down over the last 6 months, with its year-to-date growth rate higher than industry average at 13.82% against 12.70%. The rating firms project that company’s revenue will grow 3.50% compared to the previous financial year.

Revenue forecast for the current quarter as set by 16 analysts is 107.09M. Meanwhile, for the current quarter, a total of 16 analyst(s) estimate revenue growth to 107.75M.Earnings reports from the last fiscal year show that sales brought in 108.81M and 103.86M respectively in the corresponding quarters. In this case, analysts estimate current quarter sales to fall -1.60% before jumping 3.70% in the following quarter.

NVRO Dividends

Nevro Corp has its next earnings report out in July. However, it is important to take into account that this dividend yield ratio is just an indicator to only serve the purpose of guidance. Investors interested to invest in the stock should ponder company’s other fundamental and operations related aspects too. Nevro Corp has a forward dividend ratio of 0, with the share yield ticking at 0.00% to continue the rising pattern observed over the past year. The company’s average dividend yield trailing the past 5-year period is 0.00%.