Top-Rated StocksTop-RatedNASDAQ:NVEI Nuvei (NVEI) Stock Forecast, Price & News $15.67 -0.80 (-4.86%) (As of 09/20/2023 ET) Add Compare Share Share Today's Range$15.66▼$16.7050-Day Range$15.67▼$36.7252-Week Range$15.66▼$43.81Volume496,027 shsAverage Volume413,074 shsMarket Capitalization$2.18 billionP/E Ratio111.93Dividend Yield1.91%Price Target$37.54 ProfileProfileAnalyst RatingsChartCompetitorsDividendEarningsFinancialsInstitutional OwnershipHeadlinesOptions ChainSEC FilingsShort InterestSocial MediaProfileAnalyst RatingsChartCompetitorsDividendEarningsFinancialsInstitutional OwnershipHeadlinesOptions ChainSEC FilingsShort InterestSocial Media Nuvei MarketRank™ ForecastAnalyst RatingModerate Buy2.85 Rating ScoreUpside/Downside139.6% Upside$37.54 Price TargetShort InterestHealthy4.44% of Float Sold ShortDividend StrengthWeakBased on Four FactorsSustainabilityN/ANews Sentiment0.17Based on 6 Articles This WeekInsider TradingN/AProj. Earnings Growth31.33%From $0.83 to $1.09 Per ShareSee Full Details Hide Full Details Overall MarketRank™MarketRank is calculated as an average of available category scores, with extra weight given to analysis and valuation.3.04 out of 5 starsBusiness Services Sector13th out of 319 stocksBusiness Services, Not Elsewhere Classified Industry5th out of 88 stocks 4.4 Analyst's Opinion Consensus RatingNuvei has received a consensus rating of Moderate Buy. The company's average rating score is 2.85, and is based on 11 buy ratings, 2 hold ratings, and no sell ratings.Price Target Upside/DownsideAccording to analysts' consensus price target of $37.54, Nuvei has a forecasted upside of 139.6% from its current price of $15.67.Amount of Analyst CoverageNuvei has been the subject of 8 research reports in the past 90 days, demonstrating strong analyst interest in this stock. Previous Next 4.0 Short Interest Percentage of Shares Shorted4.44% of the float of Nuvei has been sold short.Short Interest Ratio / Days to CoverNuvei has a short interest ratio ("days to cover") of 4.4.Change versus previous monthShort interest in Nuvei has recently decreased by 8.85%, indicating that investor sentiment is improving significantly. Previous Next 1.7 Dividend Strength Dividend YieldNuvei pays a meaningful dividend of 1.75%, higher than the bottom 25% of all stocks that pay dividends.Dividend GrowthNuvei does not have a long track record of dividend growth.Dividend CoverageThe dividend payout ratio of Nuvei is 214.29%. Payout ratios above 75% are not desirable because they may not be sustainable.Dividend SustainabilityBased on earnings estimates, Nuvei will have a dividend payout ratio of 27.52% next year. This indicates that Nuvei will be able to sustain or increase its dividend. Previous Next N/A Sustainability and ESG Overall ESG (Environmental, Social, and Governance) ScoreThere is no current Upright™ data available for NVEI. Previous Next 1.8 News and Social Media Coverage News SentimentNuvei has a news sentiment score of 0.17. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This is a lower news sentiment than the 0.49 average news sentiment score of Business Services companies.News Coverage This WeekMarketBeat has tracked 6 news articles for Nuvei this week, compared to 2 articles on an average week.Search InterestOnly 10 people have searched for NVEI on MarketBeat in the last 30 days. This is a decrease of -60% compared to the previous 30 days.MarketBeat FollowsOnly 7 people have added Nuvei to their MarketBeat watchlist in the last 30 days. This is a decrease of -46% compared to the previous 30 days. Previous Next 1.7 Company Ownership Insider Buying vs. Insider SellingIn the past three months, Nuvei insiders have not sold or bought any company stock.Percentage Held by Insiders20.04% of the stock of Nuvei is held by insiders. A high percentage of insider ownership can be a sign of company health.Percentage Held by InstitutionsOnly 26.19% of the stock of Nuvei is held by institutions. Previous Next 2.5 Earnings and Valuation Earnings GrowthEarnings for Nuvei are expected to grow by 31.33% in the coming year, from $0.83 to $1.09 per share.Price to Earnings Ratio vs. the MarketThe P/E ratio of Nuvei is 111.93, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 118.81.Price to Earnings Ratio vs. SectorThe P/E ratio of Nuvei is 111.93, which means that it is trading at a more expensive P/E ratio than the Business Services sector average P/E ratio of about 31.42.Price to Earnings Growth RatioNuvei has a PEG Ratio of 1.33. PEG Ratios above 1 indicate that a company could be overvalued.Price to Book Value per Share RatioNuvei has a P/B Ratio of 1.10. P/B Ratios below 3 indicates that a company is reasonably valued with respect to its assets and liabilities. Previous Next See Top Rated MarketRank™ Stocks Here About Nuvei (NASDAQ:NVEI) StockNuvei Corporation provides payment technology solutions to merchants and partners in North America, Europe, the Middle East and Africa, Latin America, and the Asia Pacific. Its platform enables customers to pay and/or accept payments worldwide regardless of their location, device, or preferred payment method. The company's solutions comprise a fully integrated payments engine with global processing capabilities, a turnkey solution for frictionless payment experiences, and a broad suite of data-driven business intelligence tools and risk management services. It sells and distributes its solutions through direct sales, indirect sales for small-and-medium sized businesses, and eCommerce resellers. Nuvei Corporation was founded in 2003 and is based in Montreal, Canada.Read More NVEI Price History View Price History Chart DataSkip Price History Chart 30 days | 90 days | 365 days | Advanced Chart NVEI Stock News HeadlinesSeptember 19, 2023 | americanbankingnews.comNuvei (NASDAQ:NVEI) Given New $20.00 Price Target at CitigroupSeptember 19, 2023 | americanbankingnews.comNuvei (NASDAQ:NVEI) Given a $27.00 Price Target by National Bankshares AnalystsSeptember 21, 2023 | Wall Street Fundamentals (Ad)How is This "Hidden Gem" Thriving in a Turbulent Market?While Wall Street flounders and giants like Amazon & Microsoft lay off thousands... One overlooked company has been quietly achieving over 400% growth. How? By buying, building, and scaling a portfolio of promising brands in high-margin, recession-resistant verticals.September 14, 2023 | seekingalpha.comNuvei: Rating Downgrade As My Bullish View Is Now Dismissed In Near-TermSeptember 14, 2023 | msn.comJust Released: 5 Top Stocks to Buy in September 2023 [PREMIUM PICKS]September 8, 2023 | finance.yahoo.comNuvei publishes its Second Annual Environmental, Social and Governance (“ESG”) ReportAugust 28, 2023 | msn.comMastercard (MA) Offers Seamless Cash Payouts to Online TradersAugust 21, 2023 | theglobeandmail.comNuvei: Top 25 Undervalued Toronto Stock Exchange Stocks (NVEI)September 21, 2023 | Wall Street Fundamentals (Ad)How is This "Hidden Gem" Thriving in a Turbulent Market?While Wall Street flounders and giants like Amazon & Microsoft lay off thousands... One overlooked company has been quietly achieving over 400% growth. How? By buying, building, and scaling a portfolio of promising brands in high-margin, recession-resistant verticals.August 10, 2023 | seekingalpha.comNuvei Corporation 2023 Q2 - Results - Earnings Call PresentationAugust 9, 2023 | seekingalpha.comNuvei reports mixed Q2 earnings; initiates Q3 and updates FY23 outlookAugust 9, 2023 | msn.comNuvei stock tanks on disappointing guidance, Q2 earnings missAugust 9, 2023 | finance.yahoo.comNuvei Announces Second Quarter 2023 Results, Introduces Quarterly Cash DividendAugust 9, 2023 | finance.yahoo.comNuvei Corporation (NVEI) Q2 Earnings Miss EstimatesAugust 3, 2023 | finance.yahoo.com888 partners with Nuvei to enhance its payment experience in the U.S.July 14, 2023 | ca.finance.yahoo.comNVEI.TO - Nuvei CorporationJuly 5, 2023 | msn.comNuvei: Share Price Decline Is An Opportunity To BuyJune 28, 2023 | reuters.comSpruce Point no longer holding short position in Ryan Reynolds-backed NuveiJune 28, 2023 | msn.comHedge fund that targeted Nuvei twice says it's no longer short the stockJune 15, 2023 | ca.finance.yahoo.com3 High-Growth TSX Stocks to Buy Under $55June 9, 2023 | finance.yahoo.comNuvei appoints Laura Miller as Chief Revenue Officer and Global Head of eCommerceJune 9, 2023 | finance.yahoo.comNuvei Corporation (NVEI) Posted Impressive Results in Q1May 24, 2023 | msn.comWant $1 Million for Retirement? Invest $50,000 in These 2 Stocks and Wait a DecadeMay 24, 2023 | theglobeandmail.comClosing Bell: Nuvei Corp down on Wednesday (NVEI)May 24, 2023 | finance.yahoo.comNuvei partners with Wonderful CopenhagenMay 18, 2023 | theglobeandmail.comClosing Bell: Nuvei Corp up on Wednesday (NVEI)May 12, 2023 | ca.finance.yahoo.comIs Now Actually the Right Time to Buy Nuvei Stock?See More Headlines Receive NVEI Stock News and Ratings via Email Sign-up to receive the latest news and ratings for Nuvei and its competitors with MarketBeat's FREE daily newsletter. Email Address NVEI Company Calendar Last Earnings8/09/2023Ex-Dividend for 9/5 Dividend8/18/2023Dividend Payable9/05/2023Today9/21/2023Next Earnings (Estimated)11/02/2023Fiscal Year End12/31/2023Get Stock AlertsIndustry, Sector and Symbol Stock ExchangeNASDAQ Industry Business services, not elsewhere classified Sub-IndustryN/A SectorBusiness Services Current SymbolNASDAQ:NVEI CUSIPN/A CIK1765159 Webwww.nuvei.com Phone514-313-1190FaxN/AEmployees1,690Year FoundedN/APrice Target and Rating Average Stock Price Forecast$37.54 High Stock Price Forecast$93.00 Low Stock Price Forecast$20.00 Forecasted Upside/Downside+139.6%Consensus RatingModerate Buy Rating Score (0-4)2.85 Research Coverage13 Analysts Profitability EPS (Most Recent Fiscal Year)$0.14 Trailing P/E Ratio111.93 Forward P/E Ratio18.88 P/E Growth1.35Net Income$56.73 million Net Margins2.03% Pretax Margin4.40% Return on Equity6.83% Return on Assets3.42% Debt Debt-to-Equity Ratio0.61 Current Ratio1.01 Quick Ratio1.00 Sales & Book Value Annual Sales$843.32 million Price / Sales2.58 Cash Flow$1.74 per share Price / Cash Flow8.99 Book Value$14.19 per share Price / Book1.10Miscellaneous Outstanding Shares139,060,000Free Float111,194,000Market Cap$2.18 billion OptionableOptionable Beta2.14 Beginner's Guide to Pot Stock InvestingClick the link below and we'll send you MarketBeat's guide to pot stock investing and which pot companies show the most promise. Get This Free Report Key ExecutivesMr. Philip Fayer (Age 45)Founder, Chair of the Board & CEO Comp: $1.15MMr. Yuval Ziv (Age 46)Pres Comp: $1.29MMr. David S. Schwartz C.A. (Age 53)C.F.A., CPA, Chief Financial Officer Comp: $772.12kMr. Max Attias (Age 47)Group Chief Technology Officer Comp: $575.31kMr. Neil Erlick (Age 42)Chief Corp. Devel. Officer Comp: $749.63kMr. Kanwarpal Singh Bindra (Age 58)Chief Product & Operations Officer Mr. Anthony Gerstein (Age 54)VP & Head of Investor Relations Ms. Lindsay Matthews (Age 52)Gen. Counsel & Corp. Sec. Mr. Guillaume ContevilleChief Marketing OfficerMs. Caitlin ShetterChief People OfficerMore ExecutivesKey CompetitorsPayoneer GlobalNASDAQ:PAYOFirst AdvantageNYSE:FACBIZNYSE:CBZEnvestnetNYSE:ENVBread FinancialNYSE:BFHView All CompetitorsInstitutional OwnershipAlberta Investment Management CorpSold 8,900 shares on 8/24/2023Ownership: 0.051%Wolverine Trading LLCBought 21,100 shares on 8/23/2023Ownership: 0.000%Teachers Retirement System of The State of KentuckyBought 14,895 shares on 8/21/2023Ownership: 0.067%Y Intercept Hong Kong LtdBought 13,961 shares on 8/15/2023Ownership: 0.010%XTX Topco LtdBought 12,029 shares on 8/15/2023Ownership: 0.009%View All Institutional Transactions NVEI Stock - Frequently Asked Questions Should I buy or sell Nuvei stock right now? 13 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for Nuvei in the last year. There are currently 2 hold ratings and 11 buy ratings for the stock. The consensus among Wall Street research analysts is that investors should "moderate buy" NVEI shares. View NVEI analyst ratings or view top-rated stocks. What is Nuvei's stock price forecast for 2023? 13 brokerages have issued 1-year price objectives for Nuvei's shares. Their NVEI share price forecasts range from $20.00 to $93.00. On average, they expect the company's stock price to reach $37.54 in the next twelve months. This suggests a possible upside of 139.6% from the stock's current price. View analysts price targets for NVEI or view top-rated stocks among Wall Street analysts. How have NVEI shares performed in 2023? Nuvei's stock was trading at $25.41 at the start of the year. Since then, NVEI stock has decreased by 38.3% and is now trading at $15.67. View the best growth stocks for 2023 here. When is Nuvei's next earnings date? The company is scheduled to release its next quarterly earnings announcement on Thursday, November 2nd 2023. View our NVEI earnings forecast. How were Nuvei's earnings last quarter? Nuvei Co. (NASDAQ:NVEI) issued its quarterly earnings results on Wednesday, August, 9th. The company reported $0.19 EPS for the quarter, missing analysts' consensus estimates of $0.25 by $0.06. The firm had revenue of $307.03 million for the quarter, compared to analyst estimates of $306.48 million. Nuvei had a net margin of 2.03% and a trailing twelve-month return on equity of 6.83%. How often does Nuvei pay dividends? What is the dividend yield for Nuvei? Nuvei declared a quarterly dividend on Wednesday, August 9th. Stockholders of record on Monday, August 21st will be given a dividend of $0.075 per share on Tuesday, September 5th. This represents a $0.30 dividend on an annualized basis and a dividend yield of 1.91%. The ex-dividend date is Friday, August 18th. Read our dividend analysis for NVEI. Is Nuvei a good dividend stock? Nuvei (NASDAQ:NVEI) pays an annual dividend of $0.30 per share and currently has a dividend yield of 1.81%. The dividend payout ratio is 214.29%. Payout ratios above 75% are not desirable because they may not be sustainable. Based on earnings estimates, NVEI will have a dividend payout ratio of 27.52% next year. This indicates that the company will be able to sustain or increase its dividend. Read our dividend analysis for NVEI. What guidance has Nuvei issued on next quarter's earnings? Nuvei updated its third quarter 2023 earnings guidance on Thursday, August, 10th. The company provided earnings per share (EPS) guidance of for the period. The company issued revenue guidance of $300.00 million-$308.00 million, compared to the consensus revenue estimate of $316.85 million. What is Nuvei's stock symbol? Nuvei trades on the NASDAQ under the ticker symbol "NVEI." Who are Nuvei's major shareholders? Nuvei's stock is owned by a number of retail and institutional investors. Top institutional shareholders include The Manufacturers Life Insurance Company (2.03%), Royal Bank of Canada (0.82%), Invenomic Capital Management LP (0.40%), Senator Investment Group LP (0.40%), Cidel Asset Management Inc. (0.37%) and National Bank of Canada FI (0.29%). How do I buy shares of Nuvei? Shares of NVEI stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include WeBull, Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab. Compare Top Brokerages Here. What is Nuvei's stock price today? One share of NVEI stock can currently be purchased for approximately $15.67. How much money does Nuvei make? Nuvei (NASDAQ:NVEI) has a market capitalization of $2.18 billion and generates $843.32 million in revenue each year. The company earns $56.73 million in net income (profit) each year or $0.14 on an earnings per share basis. How many employees does Nuvei have? The company employs 1,690 workers across the globe. How can I contact Nuvei? The official website for the company is www.nuvei.com. The company can be reached via phone at 514-313-1190 or via email at anthony.gerstein@nuvei.com. This page (NASDAQ:NVEI) was last updated on 9/21/2023 by MarketBeat.com Staff Adding Choose a watchlist: Watchlist Adding You have already added five stocks to your watchlist. Upgrade to MarketBeat All Access to add more stocks to your watchlist. Adding Nuvei Co. Please log in to your account or sign up in order to add this asset to your watchlist. Get 30 Days of MarketBeat All Access Free Sign up for MarketBeat All Access to gain access to MarketBeat's full suite of research tools: Best-in-Class Portfolio Monitoring View the latest news, buy/sell ratings, SEC filings and insider transactions for your stocks. Compare your portfolio performance to leading indices and get personalized stock ideas based on your portfolio. 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