In last trading session, Nevro Corp (NYSE:NVRO) saw 0.41 million shares changing hands with its beta currently measuring 0.93. Company’s recent per share price level of $5.07 trading at -$0.14 or -2.69% at ring of the bell on the day assigns it a market valuation of $189.98M. That closing price of NVRO’s stock is at a discount of -250.1% from its 52-week high price of $17.75 and is indicating a premium of 37.67% from its 52-week low price of $3.16. Taking a look at company’s average trading volume for last 10-days demonstrates a volume of 0.5 million shares which gives us an average trading volume of 595.17K 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 3.53. 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 -0.76 in the current quarter.
Nevro Corp (NYSE:NVRO) trade information
Upright in the red during last session for losing -2.69%, in the last five days NVRO remained trading in the red while hitting it’s week-highest on Thursday, 01/30/25 when the stock touched $5.07 price level, adding 7.31% to its value on the day. Nevro Corp’s shares saw a change of 36.29% in year-to-date performance and have moved -1.74% in past 5-day. Nevro Corp (NYSE:NVRO) showed a performance of 36.29% in past 30-days. Number of shares sold short was 2.84 million shares which calculate 5.01 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 7.82% 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 jump 21.1% in reaching the projected high whereas dropping to the targeted low would mean a gain of 21.1% 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 -48.94% of value to its shares in past 6 months, showing an annual growth rate of 2.44% while that of industry is 14.40. Apart from that, the company came raising its revenue forecast for fiscal year 2025. This year revenue growth is estimated to fall -4.45% from the last financial year’s standing.
13 industry analysts have given their estimates about the company’s current quarter revenue by setting an average figure of 101.64M for the same. And 11 analysts are in estimates of company making revenue of 95.16M 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. In 2025, company’s earnings growth rate is likely to be around 4.53% while estimates for its earnings growth in next 5 years are of 5.66%.
Nevro Corp (NYSE:NVRO)’s Major holders
Insiders are in possession of 3.66% of company’s total shares while institution are holding 102.07 percent of that, with stock having share float percentage of 105.95%. Investors also watch the number of corporate investors in a company very closely, which is 102.07% 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.
On the other hand, Vanguard Explorer Fund, Inc. and Vanguard Total Stock Market Index Fund are the top two Mutual Funds which own company’s shares. As of Oct 31, 2024 , the former fund manager was holding 2.12 shares of worth $10.74 million or 5.65% of the total outstanding shares. The later fund manager was in possession of 1.15 shares on Sep 30, 2024 , making its stake of worth around $5.84 million in the company or a holder of 3.08% of company’s stock.
