In last trading session, Nevro Corp (NYSE:NVRO) saw 0.76 million shares changing hands with its beta currently measuring 0.87. Company’s recent per share price level of $3.79 trading at $0.2 or 5.57% at ring of the bell on the day assigns it a market valuation of $142.01M. That closing price of NVRO’s stock is at a discount of -494.2% from its 52-week high price of $22.52 and is indicating a premium of 6.07% from its 52-week low price of $3.56. Taking a look at company’s average trading volume for last 10-days demonstrates a volume of 0.4 million shares which gives us an average trading volume of 523.27K if we extend that period to 3-months.

For Nevro Corp (NVRO), analysts’ consensus is at an average recommendation of Buy while assigning it a mean rating of 3.41. Splitting up the data highlights that, out of 15 analysts covering the stock, 2 rated the stock as a Sell while 0 recommended an Overweight rating for the stock. 6 suggested the stock as a Hold whereas 7 see the stock as a Buy. 0 analyst(s) advised it as an Underweight. The company is expected to be making an EPS of -0.77 in the current quarter.

Nevro Corp (NYSE:NVRO) trade information

Upright in the green during last session for gaining 5.57%, in the last five days NVRO remained trading in the red while hitting it’s week-highest on Monday, 12/16/24 when the stock touched $3.79 price level, adding 11.66% to its value on the day. Nevro Corp’s shares saw a change of -82.39% in year-to-date performance and have moved -6.88% in past 5-day. Nevro Corp (NYSE:NVRO) showed a performance of -10.40% in past 30-days. Number of shares sold short was 2.8 million shares which calculate 3.78 days to cover the short interests.

Wall Street analysts have assigned a consensus price target of 5.5 to the stock, which implies a rise of 31.09% to its current value. Analysts have been projecting 4 as a low price target for the stock while placing it at a high target of 7. It follows that stock’s current price would drop -5.54% in reaching the projected high whereas dropping to the targeted low would mean a loss of -5.54% for stock’s current value.

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 -54.77% of value to its shares in past 6 months, showing an annual growth rate of 2.44% while that of industry is 15.90. Apart from that, the company came raising its revenue forecast for fiscal year 2024. This year revenue growth is estimated to fall -5.18% from the last financial year’s standing.

15 industry analysts have given their estimates about the company’s current quarter revenue by setting an average figure of 100.08M for the same. And 12 analysts are in estimates of company making revenue of 94.6M in the next quarter. Company posted 116.18M and 101.9M 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.

Nevro Corp (NYSE:NVRO)’s Major holders

Insiders are in possession of 3.68% of company’s total shares while institution are holding 103.83 percent of that, with stock having share float percentage of 107.80%. Investors also watch the number of corporate investors in a company very closely, which is 103.83% institutions for Nevro Corp that are currently holding shares of the company. ARROWMARK COLORADO HOLDINGS LLC is the top institutional holder at NVRO for having 4.29 million shares of worth $36.11 million. And as of 2024-06-30, it was holding 11.7615 of the company’s outstanding shares.

The second largest institutional holder is ARMISTICE CAPITAL, LLC, which was holding about 3.67 million shares on 2024-06-30. The number of shares represents firm’s hold over 10.0693 of outstanding shares, having a total worth of $30.92 million.