In the past week, NVRO stock has gone up by 8.63%, with a monthly decline of -7.14% and a quarterly plunge of -12.58%. The volatility ratio for the week is 9.01%, and the volatility levels for the last 30 days are 7.82% for Nevro Corp The simple moving average for the past 20 days is 5.80% for NVRO’s stock, with a -45.15% simple moving average for the past 200 days.
Is It Worth Investing in Nevro Corp (NYSE: NVRO) Right Now?
The stock has a 36-month beta value of 0.88. Opinions on the stock are mixed, with 0 analysts rating it as a “buy,” 0 as “overweight,” 11 as “hold,” and 2 as “sell.”
The public float for NVRO is 35.35M, and at present, short sellers hold a 7.79% of that float. On January 14, 2025, the average trading volume of NVRO was 522.51K shares.
NVRO) stock’s latest price update
The stock price of Nevro Corp (NYSE: NVRO) has jumped by 22.49 compared to previous close of 3.29. Despite this, the company has seen a gain of 8.63% in its stock price over the last five trading days. prnewswire.com reported 2025-01-13 that Cash, Cash Equivalents and Short-Term Investments Increased Approximately $15.5 million in the Fourth Quarter of 2024 REDWOOD CITY, Calif., Jan. 13, 2025 /PRNewswire/ — Nevro Corp. (NYSE: NVRO), a global medical device company that is delivering comprehensive, life-changing solutions for the treatment of chronic pain, today announced its preliminary, unaudited fourth-quarter and full-year 2024 revenue and other financial results.
Analysts’ Opinion of NVRO
Many brokerage firms have already submitted their reports for NVRO stocks, with Wells Fargo repeating the rating for NVRO by listing it as a “Equal Weight.” The predicted price for NVRO in the upcoming period, according to Wells Fargo is $5 based on the research report published on December 03, 2024 of the previous year 2024.
Morgan Stanley, on the other hand, stated in their research note that they expect to see NVRO reach a price target of $4, previously predicting the price at $9. The rating they have provided for NVRO stocks is “Underweight” according to the report published on December 02nd, 2024.
NVRO Trading at -7.04% from the 50-Day Moving Average
After a stumble in the market that brought NVRO to its low price for the period of the last 52 weeks, the company was unable to rebound, for now settling with -80.25% of loss for the given period.
Volatility was left at 7.82%, however, over the last 30 days, the volatility rate increased by 9.01%, as shares sank -6.50% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading -23.24% lower at present.
During the last 5 trading sessions, NVRO rose by +8.63%, which changed the moving average for the period of 200-days by -70.30% in comparison to the 20-day moving average, which settled at $3.81. In addition, Nevro Corp saw 8.33% in overturn over a single year, with a tendency to cut further gains.
Stock Fundamentals for NVRO
Current profitability levels for the company are sitting at:
- -0.2 for the present operating margin
- 0.66 for the gross margin
The net margin for Nevro Corp stands at -0.17. The total capital return value is set at -0.17. Equity return is now at value -24.78, with -11.98 for asset returns.
Based on Nevro Corp (NVRO), the company’s capital structure generated 0.45 points at debt to capital in total, while cash flow to debt ratio is standing at -0.24. The debt to equity ratio resting at 0.81. The interest coverage ratio of the stock is -3.55.
Currently, EBITDA for the company is -78.31 million with net debt to EBITDA at -4.63. When we switch over and look at the enterprise to sales, we see a ratio of 0.78. The receivables turnover for the company is 5.94for trailing twelve months and the total asset turnover is 0.7. The liquidity ratio also appears to be rather interesting for investors as it stands at 5.02.
Conclusion
To sum up, Nevro Corp (NVRO) has seen a mixed performance recently. Analysts have differing views on the stock, with some seeing it as a “sell” and others as a “hold”. It’s important to note that the stock is currently trading at a significant distance from its 50-day moving average and its 52-week high.
