Those aiming for above-average market returns often engage in the meticulous process of stock picking. Choosing the right stocks can make a substantial difference in your wealth.
The price of Nevro Corp (NYSE: NVRO) closed at $5.78 in the last session, down -0.17% from day before closing price of $5.79. In other words, the price has decreased by -$0.17 from its previous closing price. On the day, 1.77 million shares were traded. NVRO stock price reached its highest trading level at $5.805 during the session, while it also had its lowest trading level at $5.78.
Ratios:
We take a closer look at NVRO’s different ratios to gain a better understanding of the stock. For the most recent quarter (mrq), Quick Ratio is recorded 3.62 and its Current Ratio is at 4.62. In the meantime, Its Debt-to-Equity ratio is 1.09 whereas as Long-Term Debt/Eq ratio is at 0.92.
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, Jefferies on February 10, 2025, Upgraded its rating to Hold and sets its target price to $5.85 from $4.50 previously.
On February 07, 2025, Piper Sandler Upgraded its rating to Overweight which previously was Neutral and also lowered its target price recommendation from $6 to $5.85.
On December 03, 2024, Wells Fargo started tracking the stock assigning a Equal Weight rating and target price of $5.Wells Fargo initiated its Equal Weight rating on December 03, 2024, with a $5 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, NVRO now has a Market Capitalization of 221790176 and an Enterprise Value of 177885104. For the stock, the TTM Price-to-Sale (P/S) ratio is 0.54 while its Price-to-Book (P/B) ratio in mrq is 0.95. Its current Enterprise Value per Revenue stands at 0.435 whereas that against EBITDA is -2.123.
Stock Price History:
The Beta on a monthly basis for NVRO is 0.82, which has changed by -0.5826715 over the last 52 weeks, in comparison to a change of 0.08275449 over the same period for the S&P500. Over the past 52 weeks, NVRO has reached a high of $14.70, while it has fallen to a 52-week low of $3.16. The 50-Day Moving Average of the stock is 10.25%, while the 200-Day Moving Average is calculated to be -3.02%.
Shares Statistics:
According to the various share statistics, NVRO traded on average about 1.13M shares per day over the past 3-months and 1400670 shares per day over the past 10 days. A total of 37.82M shares are outstanding, with a floating share count of 36.32M. Insiders hold about 5.34% of the company’s shares, while institutions hold 100.48% stake in the company. Shares short for NVRO as of 1740700800 were 1823724 with a Short Ratio of 1.62, compared to 1738281600 on 2925452. Therefore, it implies a Short% of Shares Outstanding of 1823724 and a Short% of Float of 5.54.
