NYSE:NVRO

Nevro Stock Forecast, Price & News

$175.19

-0.93 (-0.53 %)

(As of 01/15/2021 12:00 AM ET)

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Today's Range

$171.64

Now: $175.19▼

$176.12

50-Day Range

$156.59

MA: $170.94▼

$184.34

52-Week Range

$65.05

Now: $175.19▼

$188.14

Volume328,002 shs

Average Volume428,947 shs

Market Capitalization$6.03 billion

P/E RatioN/A

Dividend YieldN/A

Beta1.02

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. It also offers Senza II system and Senza Omnia system products for chronic pain. The company's solution for chronic pain also includes HF10 Therapy, which delivers neuromodulation solutions for treating chronic pain based on available clinical evidence. Nevro Corp. sells its products through its direct sales force, and a network of sales agents and independent distributors. The company was founded in 2006 and is headquartered in Redwood City, California.

MarketRank^™

Overall MarketRank^™

1.20 out of 5 stars

Medical Sector

707th out of 1,556 stocks

Surgical & Medical Instruments Industry

75th out of 137 stocks

2.4 Analyst's Opinion

Consensus Rating
Nevro has received a consensus rating of Buy. The company's average rating score is 2.77, and is based on 10 buy ratings, 3 hold ratings, and no sell ratings.
Price Target Upside/Downside
According to analysts' consensus price target of $171.83, Nevro has a forecasted downside of 1.9% from its current price of $175.19.
Amount of Analyst Coverage
Nevro has been the subject of 6 research reports in the past 90 days, demonstrating strong analyst interest in this stock.

3.0 Community Rank

Outperform Votes
Nevro has received 465 “outperform” votes. (Add your “outperform” vote.)
Underperform Votes
Nevro has received 319 “underperform” votes. (Add your “underperform” vote.)
Community Sentiment
Nevro has received 59.31% “outperform” votes from our community.

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.

0.0 Dividend Strength

Dividend Yield
Nevro does not currently pay a dividend.
Dividend Growth
Nevro does not have a long track record of dividend growth.

0.0 Company Ownership

Insider Buying vs. Insider Selling
In the past three months, Nevro insiders have sold more of their company's stock than they have bought. Specifically, they have bought $0.00 in company stock and sold $548,062.00 in company stock.
Percentage Held by Insiders
Only 7.60% of the stock of Nevro is held by insiders.

0.6 Earnings and Valuation

Earnings Growth
Earnings for Nevro are expected to grow in the coming year, from ($2.64) to ($1.66) per share.
Price to Earnings Ratio vs. the Market
The P/E ratio of Nevro is -64.41, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.
Price to Earnings Ratio vs. Sector
The P/E ratio of Nevro is -64.41, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.
Price to Book Value per Share Ratio
Nevro has a P/B Ratio of 25.10. P/B Ratios above 3 indicate that a company could be overvalued with respect to its assets and liabilities.

See Top Rated MarketRank™ Stocks Here

Industry, Sector and Symbol

Stock Exchange NYSE

Industry Surgical & medical instruments

Sub-IndustryN/A

SectorMedical

Current SymbolNYSE:NVRO

Previous Symbol

CUSIPN/A

CIK1444380

Webwww.nevro.com

Phone650-251-0005

Employees853

Debt

Debt-to-Equity Ratio0.37

Current Ratio3.10

Quick Ratio2.75

Price-To-Earnings

Trailing P/E RatioN/A

Forward P/E RatioN/A

P/E GrowthN/A

Sales & Book Value

Annual Sales$390.26 million

Price / Sales15.46

Cash FlowN/A

Price / Cash FlowN/A

Book Value$6.98 per share

Price / Book25.10

Profitability

EPS (Most Recent Fiscal Year)($3.37)

Net Income$-103,690,000.00

Net Margins-24.46%

Return on Equity-30.25%

Return on Assets-14.57%

Miscellaneous

Outstanding Shares34,430,000

Market Cap$6.03 billion

Next Earnings Date2/24/2021 (Confirmed)

OptionableOptionable

$175.19

-0.93 (-0.53 %)

(As of 01/15/2021 12:00 AM ET)

30 days | 90 days | 365 days | Advanced Chart

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Nevro (NYSE:NVRO) Frequently Asked Questions

How has Nevro's stock price been impacted by Coronavirus?

Nevro's stock was trading at $109.82 on March 11th, 2020 when Coronavirus reached pandemic status according to the World Health Organization (WHO). Since then, NVRO shares have increased by 59.5% and is now trading at $175.19.
View which stocks have been most impacted by COVID-19.

Is Nevro a buy right now?

13 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Nevro in the last year. There are currently 3 hold ratings and 10 buy ratings for the stock. The consensus among Wall Street analysts is that investors should "buy" Nevro stock.
View analyst ratings for Nevro or view MarketBeat's top 5 stock picks.

What stocks does MarketBeat like better than Nevro?

Wall Street analysts have given Nevro a "Buy" rating, but there may be better short-term opportunities in the market. Some of MarketBeat's past winning trading ideas have resulted in 5-15% weekly gains. MarketBeat just released five new trading ideas, but Nevro wasn't one of them. MarketBeat thinks these five stocks may be even better buys.
View MarketBeat's top stock picks here.

When is Nevro's next earnings date?

Nevro is scheduled to release its next quarterly earnings announcement on Wednesday, February 24th 2021.
View our earnings forecast for Nevro.

How can I listen to Nevro's earnings call?

Nevro will be holding an earnings conference call on Wednesday, February 24th at 12:00 AM Eastern. Interested parties can register for or listen to the call using this link or dial in at Not Available.

How were Nevro's earnings last quarter?

Nevro Corp. (NYSE:NVRO) announced its quarterly earnings data on Thursday, November, 5th. The medical equipment provider reported ($0.29) earnings per share (EPS) for the quarter, topping analysts' consensus estimates of ($0.59) by $0.30. The medical equipment provider had revenue of $108.46 million for the quarter, compared to analysts' expectations of $104 million. Nevro had a negative return on equity of 30.25% and a negative net margin of 24.46%. The company's revenue for the quarter was up 8.3% on a year-over-year basis. During the same period last year, the business posted ($0.58) earnings per share.
View Nevro's earnings history.

What guidance has Nevro issued on next quarter's earnings?

Nevro issued an update on its fourth quarter 2020 Pre-Market earnings guidance on Monday, January, 11th. The company provided earnings per share (EPS) guidance of for the period. The company issued revenue guidance of $109.7-109.7 million, compared to the consensus revenue estimate of $106.54 million.

What price target have analysts set for NVRO?

13 brokerages have issued twelve-month price targets for Nevro's stock. Their forecasts range from $100.00 to $215.00. On average, they expect Nevro's share price to reach $171.83 in the next year. This suggests that the stock has a possible downside of 1.9%.
View analysts' price targets for Nevro or view Wall Street analyst' top-rated stocks.

Who are some of Nevro's key competitors?

Some companies that are related to Nevro include Insulet (PODD), Teleflex (TFX), NovoCure (NVCR), Abiomed (ABMD), Penumbra (PEN), iRhythm Technologies (IRTC), Hill-Rom (HRC), Globus Medical (GMED), Haemonetics (HAE), Tandem Diabetes Care (TNDM), Integra LifeSciences (IART), Inspire Medical Systems (INSP), ShockWave Medical (SWAV), Inari Medical (NARI) and ICU Medical (ICUI).
View all of NVRO's competitors.

What other stocks do shareholders of Nevro own?

Based on aggregate information from My MarketBeat watchlists, some companies that other Nevro investors own include AT&T (T), NVIDIA (NVDA), AbbVie (ABBV), The Walt Disney (DIS), General Electric (GE), Micron Technology (MU), Gilead Sciences (GILD), Advanced Micro Devices (AMD), Adobe (ADBE) and Intuitive Surgical (ISRG).

Who are Nevro's key executives?

Nevro's management team includes the following people:

Mr. D. Keith Grossman, Chairman, CEO & Pres (Age 61, Pay $1.6M)
Mr. Kashif Rashid, Gen. Counsel, Corp. Sec. & Chief Compliance Officer (Age 47, Pay $705.96k)
Mr. Michael Collier Carter, VP of Global Sales (Age 49, Pay $841.82k)
Mr. Andrew H. Galligan, Exec. Officer (Age 65, Pay $812.72k)
Ms. Niamh Louise Pellegrini, Chief Commercial Officer (Age 54, Pay $853.27k)
Mr. Roderick H. MacLeod, Chief Financial Officer
Mr. Patrick Schmitz, VP of Operations (Age 61)
Ms. Julie D. Dewey, VP of Investor Relations & Corp. Communications (Age 60)
Mr. Neeraj Teotia, VP of Marketing (Age 46)
Ms. Lori M. Ciano, Chief HR Officer (Age 58)

What is Nevro's stock symbol?

Nevro trades on the New York Stock Exchange (NYSE) under the ticker symbol "NVRO."

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 WeBull, Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab.

What is Nevro's stock price today?

One share of NVRO stock can currently be purchased for approximately $175.19.

How big of a company is Nevro?

Nevro has a market capitalization of $6.03 billion and generates $390.26 million in revenue each year. The medical equipment provider earns $-103,690,000.00 in net income (profit) each year or ($3.37) on an earnings per share basis. Nevro employs 853 workers across the globe.

What is Nevro's official website?

The official website for Nevro is www.nevro.com.

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]

This page was last updated on 1/17/2021 by MarketBeat.com Staff

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