Nuvectra Corporation, a neuromodulation medical device company, develops and commercializes neurostimulation technology platform for the treatment of various disorders in neuroscience and clinical markets. It operates through two segments, Nuvectra and NeuroNexus. The company offers Algovita spinal cord stimulation system that is used for the treatment of chronic pain of the trunk and limbs. It also designs, manufactures, and sells neural interface technologies, including microelectrode arrays, custom designed probes, and electrode instrumentation and accessories; and develops Virtis, a sacral neuromodulation system for the treatment of chronic urinary retention and overactive bladder. The company serves hospitals, surgery centers, and medical facilities through a direct sales force and third-party distributors in the United States and Europe. Nuvectra Corporation was founded in 2008 and is headquartered in Plano, Texas.
Industry, Sector and Symbol
Stock Exchange NASDAQ
Industry Surgical & medical instruments
Sub-IndustryN/A
SectorMedical
SymbolNASDAQ:NVTR
CUSIPN/A
Phone214-474-3103
Debt
Debt-to-Equity Ratio0.75
Current Ratio4.10
Quick Ratio3.77
Price-To-Earnings
Trailing P/E Ratio-5.32
Forward P/E Ratio-6.55
P/E GrowthN/A
Sales & Book Value
Annual Sales$31.84 million
Price / Sales10.06
Cash FlowN/A
Price / CashN/A
Book Value$4.47 per share
Price / Book5.03
Profitability
EPS (Most Recent Fiscal Year)($4.22)
Net Income$-44,600,000.00
Net Margins-98.28%
Return on Equity-77.95%
Return on Assets-41.99%
Miscellaneous
Employees195
Outstanding Shares14,260,000
Market Cap$318.86 million
Nuvectra (NASDAQ:NVTR) Frequently Asked Questions
What is Nuvectra's stock symbol?
Nuvectra trades on the NASDAQ under the ticker symbol "NVTR."
How were Nuvectra's earnings last quarter?
Nuvectra Corp (NASDAQ:NVTR) posted its quarterly earnings data on Tuesday, August, 7th. The company reported ($0.83) earnings per share for the quarter, topping the Thomson Reuters' consensus estimate of ($0.94) by $0.11. The company earned $13.15 million during the quarter, compared to analyst estimates of $11.57 million. Nuvectra had a negative net margin of 98.28% and a negative return on equity of 77.95%. View Nuvectra's Earnings History.
When is Nuvectra's next earnings date?
What price target have analysts set for NVTR?
3 Wall Street analysts have issued twelve-month price targets for Nuvectra's stock. Their forecasts range from $21.00 to $27.00. On average, they expect Nuvectra's stock price to reach $23.6667 in the next year. This suggests a possible upside of 5.3% from the stock's current price. View Analyst Price Targets for Nuvectra.
What is the consensus analysts' recommendation for Nuvectra?
3 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Nuvectra in the last year. There are currently 3 buy ratings for the stock, resulting in a consensus recommendation of "Buy." View Analyst Ratings for Nuvectra.
Who are some of Nuvectra's key competitors?
Some companies that are related to Nuvectra include Cardiovascular Systems (CSII), AtriCure (ATRC), Cryolife (CRY), K2M Group (KTWO), Atrion (ATRI), Tactile Systems Technology (TCMD), Orthofix Medical (OFIX), Cerus (CERS), SurModics (SRDX), OraSure Technologies (OSUR), Intersect ENT (XENT), AngioDynamics (ANGO), MiMedx Group (MDXG), LeMaitre Vascular (LMAT) and Anika Therapeutics (ANIK).
Who are Nuvectra's key executives?
Nuvectra's management team includes the folowing people:
- Mr. Scott F. Drees, CEO & Director (Age 60)
- Mr. Joseph Paul Hanchin, Pres (Age 56)
- Mr. Walter Z. Berger, COO, CFO & Exec. VP (Age 62)
- Ms. Jennifer J. Kosharek, VP, Controller & Principal Accounting Officer (Age 37)
- Mr. Benjamin Tranchina, Chief Technology Officer
Who are Nuvectra's major shareholders?
Nuvectra's stock is owned by a number of of retail and institutional investors. Top institutional investors include Gilder Gagnon Howe & Co. LLC (8.26%), BlackRock Inc. (5.83%), Dimensional Fund Advisors LP (4.97%), Millennium Management LLC (3.38%), First Light Asset Management LLC (2.69%) and RTW Investments LP (2.69%). Company insiders that own Nuvectra stock include Joseph A Miller, Joseph Paul Hanchin, Scott F Drees, Thomas Edward Zelibor and Thomas Kelley Hickman. View Institutional Ownership Trends for Nuvectra.
Which institutional investors are selling Nuvectra stock?
NVTR stock was sold by a variety of institutional investors in the last quarter, including RTW Investments LP, Hodges Capital Management Inc., Highland Capital Management LP, Laurel Wealth Advisors Inc., Dimensional Fund Advisors LP, Gilder Gagnon Howe & Co. LLC and First Light Asset Management LLC. View Insider Buying and Selling for Nuvectra.
Which institutional investors are buying Nuvectra stock?
NVTR stock was acquired by a variety of institutional investors in the last quarter, including BlackRock Inc., EAM Investors LLC, Northern Trust Corp, Bank of New York Mellon Corp, Bank of New York Mellon Corp, EAM Global Investors LLC, Russell Investments Group Ltd. and Spark Investment Management LLC. Company insiders that have bought Nuvectra stock in the last two years include Joseph A Miller, Scott F Drees and Thomas Edward Zelibor. View Insider Buying and Selling for Nuvectra.
How do I buy shares of Nuvectra?
Shares of NVTR can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Scottrade, Fidelity and Charles Schwab.
What is Nuvectra's stock price today?
One share of NVTR stock can currently be purchased for approximately $22.47.
How big of a company is Nuvectra?
Nuvectra has a market capitalization of $318.86 million and generates $31.84 million in revenue each year. The company earns $-44,600,000.00 in net income (profit) each year or ($4.22) on an earnings per share basis. Nuvectra employs 195 workers across the globe.
What is Nuvectra's official website?
How can I contact Nuvectra?
Nuvectra's mailing address is 5830 GRANITE PKWY SUITE 1100, PLANO TX, 75024. The company can be reached via phone at 214-474-3103 or via email at [email protected]
MarketBeat Community Rating for Nuvectra (NASDAQ NVTR)
MarketBeat's community ratings are surveys of what our community members think about Nuvectra and other stocks. Vote "Outperform" if you believe NVTR will outperform the S&P 500 over the long term. Vote "Underperform" if you believe NVTR will underperform the S&P 500 over the long term. You may vote once every thirty days.
