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The price of Nuvei Corporation (NASDAQ: NVEI) closed at $33.34 in the last session, down -0.18% from day before closing price of $33.40. In other words, the price has decreased by -$0.18 from its previous closing price. On the day, 0.56 million shares were traded. NVEI stock price reached its highest trading level at $33.48 during the session, while it also had its lowest trading level at $33.32.
Ratios:
We take a closer look at NVEI’s different ratios to gain a better understanding of the stock. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 25.82 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 19.86. For the most recent quarter (mrq), Quick Ratio is recorded 1.06 and its Current Ratio is at 1.06. In the meantime, Its Debt-to-Equity ratio is 0.61 whereas as Long-Term Debt/Eq ratio is at 0.60.
Upgrades & Downgrades
In addition, analysts’ ratings and any changes thereto give investors an idea of the stock’s future direction. In the most recent recommendation for the company, JP Morgan on May 08, 2024, Downgraded its rating to Neutral and sets its target price to $34 from $32 previously.
On January 17, 2024, Wells Fargo started tracking the stock assigning a Equal Weight rating and target price of $29.
On December 20, 2023, Barclays started tracking the stock assigning a Overweight rating and target price of $34.Barclays initiated its Overweight rating on December 20, 2023, with a $34 target price.
Valuation Measures:
Investors should consider key stock statistics when deciding whether to invest or divest. In the wake of the recent closing price, NVEI now has a Market Capitalization of 4714042368 and an Enterprise Value of 5823366656. For the stock, the TTM Price-to-Sale (P/S) ratio is 3.62 while its Price-to-Book (P/B) ratio in mrq is 2.29. Its current Enterprise Value per Revenue stands at 4.456 whereas that against EBITDA is 21.706.
Stock Price History:
Over the past 52 weeks, NVEI has reached a high of $33.78, while it has fallen to a 52-week low of $13.32. The 50-Day Moving Average of the stock is 0.85%, while the 200-Day Moving Average is calculated to be 12.89%.
Shares Statistics:
According to the various share statistics, NVEI traded on average about 646.37K shares per day over the past 3-months and 541980 shares per day over the past 10 days. A total of 141.78M shares are outstanding, with a floating share count of 65.00M. Insiders hold about 54.16% of the company’s shares, while institutions hold 34.04% stake in the company. Shares short for NVEI as of 1724976000 were 2547427 with a Short Ratio of 3.94, compared to 1722384000 on 2887165.
Dividends & Splits
The forward annual dividend rate for NVEI is 0.40, which was 0.4 in the trailing 12 months. Against a Trailing Annual Dividend Yield of 0.011976047
Earnings Estimates
The current rating of Nuvei Corporation (NVEI) reflects the combined expertise of 4.0 analysts actively engaged in assessing its market performance.The consensus estimate for the next quarter is $0.59, with high estimates of $0.65 and low estimates of $0.54.
Analysts are recommending an EPS of between $2.12 and $1.83 for the fiscal current year, implying an average EPS of $1.96. EPS for the following year is $2.53, with 6.0 analysts recommending between $2.66 and $2.41.
Revenue Estimates
According to 4 analysts, the current quarter’s revenue is expected to be $336.98M. It ranges from a high estimate of $347.72M to a low estimate of $323.68M. As of the current estimate, Nuvei Corporation’s year-ago sales were $304.85MFor the next quarter, 4 analysts are estimating revenue of $368.56M. There is a high estimate of $374.08M for the next quarter, whereas the lowest estimate is $355.16M.
A total of 6 analysts have provided revenue estimates for NVEI’s current fiscal year. The highest revenue estimate was $1.4B, while the lowest revenue estimate was $1.33B, resulting in an average revenue estimate of $1.38B. In the same quarter a year ago, actual revenue was $1.19BBased on 6 analysts’ estimates, the company’s revenue will be $1.6B in the next fiscal year. The high estimate is $1.62B and the low estimate is $1.57B.
