Nevro Corp., a medical device company, provides products for the patients suffering from chronic pain in the United States and internationally. The company develops and commercializes the Senza spinal cord stimulation system, an evidence-based neuromodulation platform for the treatment of chronic pain. Its solution for chronic pain also includes HF10 Therapy, which delivers neuromodulation solutions for treating chronic pain based on available clinical evidence. The company sells its products through its direct sales force, and a network of sales agents and independent distributors. Nevro Corp. was founded in 2006 and is headquartered in Redwood City, California.
Industry, Sector and Symbol
Industry Surgical & medical instruments
Sub-IndustryN/A
SectorMedical
Phone650-251-0005
Debt
Current Ratio8.05
Quick Ratio6.31
Price-To-Earnings
Sales & Book Value
Annual Sales$326.67 million
Price / Sales3.75
Price / Cash FlowN/A
Price / Book4.83
Profitability
Net Income$-36,650,000.00
Net Margins-11.64%
Return on Assets-9.76%
Miscellaneous
Employees676
OptionableOptionable
Nevro (NYSE:NVRO) Frequently Asked Questions
What is Nevro's stock symbol?
Nevro trades on the New York Stock Exchange (NYSE) under the ticker symbol "NVRO."
How were Nevro's earnings last quarter?
Nevro Corp (NYSE:NVRO) issued its quarterly earnings data on Monday, November, 5th. The medical equipment provider reported ($0.37) EPS for the quarter, missing analysts' consensus estimates of ($0.30) by $0.07. The medical equipment provider had revenue of $95.60 million for the quarter, compared to the consensus estimate of $94.29 million. Nevro had a negative return on equity of 17.89% and a negative net margin of 11.64%. The firm's revenue was up 16.2% compared to the same quarter last year. During the same period in the prior year, the company earned ($0.21) EPS. View Nevro's Earnings History.
When is Nevro's next earnings date?
What guidance has Nevro issued on next quarter's earnings?
Nevro issued an update on its FY 2018 earnings guidance on Monday, January, 7th. The company provided EPS guidance of for the period. The company issued revenue guidance of $386.9-387.4 million, compared to the consensus revenue estimate of $385.46 million.Nevro also updated its Q4 2018 guidance to EPS.
What price target have analysts set for NVRO?
11 brokerages have issued 12 month price targets for Nevro's shares. Their forecasts range from $35.00 to $105.00. On average, they anticipate Nevro's stock price to reach $59.5455 in the next twelve months. This suggests a possible upside of 46.6% from the stock's current price. View Analyst Price Targets for Nevro.
What is the consensus analysts' recommendation for Nevro?
11 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Nevro in the last year. There are currently 3 sell ratings, 5 hold ratings and 3 buy ratings for the stock, resulting in a consensus recommendation of "Hold." View Analyst Ratings for Nevro.
What are Wall Street analysts saying about Nevro stock?
Here are some recent quotes from research analysts about Nevro stock:
- 1. Northland Securities analysts commented, "We are introducing our FY20 numbers, and our rating / PT remains the same." (1/11/2019)
- 2. According to Zacks Investment Research, "Nevro Corp. is a medical device company. It engages in developing and commercializing a neuromodulation platform for the treatment of chronic pain. The Company provides pain relief to the customers suffering from low back pain and types of chronic pains. Nevro has developed and commercialized the Senza (R) spinal cord stimulation (SCS) system for the treatment of chronic pain. Senza, HF10, Nevro and the Nevro logo are trademarks of the company. Nevro Corp. is headquartered in Menlo Park, California. " (1/10/2019)
Has Nevro been receiving favorable news coverage?
News coverage about NVRO stock has been trending somewhat positive on Wednesday, InfoTrie Sentiment Analysis reports. The research group identifies negative and positive media coverage by analyzing more than six thousand blog and news sources in real-time. The firm ranks coverage of companies on a scale of -5 to 5, with scores nearest to five being the most favorable. Nevro earned a daily sentiment score of 1.9 on InfoTrie's scale. They also assigned media stories about the medical equipment provider a news buzz of 10.0 out of 10, meaning that recent media coverage is extremely likely to have an effect on the company's share price in the next few days.
Who are some of Nevro's key competitors?
Some companies that are related to Nevro include ICU Medical (ICUI), Penumbra (PEN), Insulet (PODD), Globus Medical (GMED), Novocure (NVCR), Integra Lifesciences (IART), Cantel Medical (CMD), Merit Medical Systems (MMSI), Tandem Diabetes Care (TNDM), NuVasive (NUVA), Glaukos (GKOS), Irhythm Technologies (IRTC), Mazor Robotics (MZOR), Atrion (ATRI) and K2M Group (KTWO).
Who are Nevro's key executives?
Nevro's management team includes the folowing people:
- Mr. Rami Elghandour, Pres, CEO & Director (Age 40)
- Mr. Andrew H. Galligan, Chief Financial Officer (Age 63)
- Mr. Patrick Schmitz, VP of Operations (Age 59)
- Mr. Doug Alleavitch, VP of Quality (Age 58)
- Mr. Kashif Rashid, Gen. Counsel, Corp. Sec. & Chief Compliance Officer (Age 45)
Who are Nevro's major shareholders?
Nevro's stock is owned by many different of retail and institutional investors. Top institutional investors include Cerebellum GP LLC (0.02%). Company insiders that own Nevro stock include Andrew H Galligan, Michael Enxing, Michael F Demane, Rami Elghandour and Wilfred E Jaeger. View Institutional Ownership Trends for Nevro.
Which institutional investors are buying Nevro stock?
How do I buy shares of Nevro?
Shares of NVRO 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 Nevro's stock price today?
One share of NVRO stock can currently be purchased for approximately $40.63.
How big of a company is Nevro?
Nevro has a market capitalization of $1.19 billion and generates $326.67 million in revenue each year. The medical equipment provider earns $-36,650,000.00 in net income (profit) each year or ($1.25) on an earnings per share basis. Nevro employs 676 workers across the globe.
What is Nevro's official website?
How can I contact Nevro?
Nevro's mailing address is 1800 BRIDGE PARKWAY, REDWOOD CITY CA, 94065. The medical equipment provider can be reached via phone at 650-251-0005 or via email at [email protected]
MarketBeat Community Rating for Nevro (NYSE NVRO)
MarketBeat's community ratings are surveys of what our community members think about Nevro and other stocks. Vote "Outperform" if you believe NVRO will outperform the S&P 500 over the long term. Vote "Underperform" if you believe NVRO will underperform the S&P 500 over the long term. You may vote once every thirty days.
