The price of Nuvei Corporation (NASDAQ: NVEI) closed at $32.35 in the last session, down -0.03% from day before closing price of $32.36. In other words, the price has decreased by -$0.01 from its previous closing price. On the day, 1247817 shares were traded.
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 26.49 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 18.02. For the most recent quarter (mrq), Quick Ratio is recorded 1.05 and its Current Ratio is at 1.05. In the meantime, Its Debt-to-Equity ratio is 0.62 whereas as Long-Term Debt/Eq ratio is at 0.62.
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 this company, Wells Fargo on January 17, 2024, initiated with a Equal Weight rating and assigned the stock a target price of $29.
On December 20, 2023, Barclays started tracking the stock assigning a Overweight rating and target price of $34.
On December 05, 2023, BMO Capital Markets started tracking the stock assigning a Outperform rating and target price of $30.BMO Capital Markets initiated its Outperform rating on December 05, 2023, with a $30 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 4.55B and an Enterprise Value of 5.64B. For the stock, the TTM Price-to-Sale (P/S) ratio is 3.79 while its Price-to-Book (P/B) ratio in mrq is 2.23. Its current Enterprise Value per Revenue stands at 4.74 whereas that against EBITDA is 21.95.
Stock Price History:
Over the past 52 weeks, NVEI has reached a high of $43.81, while it has fallen to a 52-week low of $13.32. The 50-Day Moving Average of the stock is 26.97, while the 200-Day Moving Average is calculated to be 23.09.
Shares Statistics:
According to the various share statistics, NVEI traded on average about 1.15M shares per day over the past 3-months and 3.76M shares per day over the past 10 days. A total of 63.36M shares are outstanding, with a floating share count of 63.20M. Insiders hold about 54.71% of the company’s shares, while institutions hold 23.92% stake in the company. Shares short for NVEI as of Mar 15, 2024 were 1.5M with a Short Ratio of 1.30, compared to 1.68M on Feb 15, 2024.
Dividends & Splits
The forward annual dividend rate for NVEI is 0.30, which was 0.30 in the trailing 12 months. Against a Trailing Annual Dividend Yield of 0.93%, it implies a Forward Annual Dividend Yield of 1.28%.
Earnings Estimates
The company has 13 analysts who recommend its stock at the moment. On average, analysts expect EPS of $0.44 for the current quarter, with a high estimate of $0.5 and a low estimate of $0.34, while EPS last year was $0.44. The consensus estimate for the next quarter is $0.45, with high estimates of $0.52 and low estimates of $0.35.
Analysts are recommending an EPS of between $2.25 and $1.6 for the fiscal current year, implying an average EPS of $2. EPS for the following year is $2.6, with 15 analysts recommending between $2.95 and $2.12.
Revenue Estimates
According to 13 analysts, the current quarter’s revenue is expected to be $325.17M. It ranges from a high estimate of $328.4M to a low estimate of $321M. As of the current estimate, Nuvei Corporation’s year-ago sales were $256.5M, an estimated increase of 26.80% from the year-ago figure. For the next quarter, 12 analysts are estimating revenue of $331.89M, an increase of 8.10% less than the figure of $26.80% in the same quarter last year. There is a high estimate of $335.8M for the next quarter, whereas the lowest estimate is $326M.
A total of 16 analysts have provided revenue estimates for NVEI’s current fiscal year. The highest revenue estimate was $1.38B, while the lowest revenue estimate was $1.36B, resulting in an average revenue estimate of $1.37B. In the same quarter a year ago, actual revenue was $1.19B, up 14.90% from the average estimate. Based on 16 analysts’ estimates, the company’s revenue will be $1.59B in the next fiscal year. The high estimate is $1.62B and the low estimate is $1.54B. The average revenue growth estimate for next year is up 16.10% from the average revenue estimate for this year.
