Analyst Ratings for NuVasive Inc. (NUVA)

Updated: 2017-07-26

An average rating of Buy has been given to NuVasive Inc. (NASDAQ:NUVA) by analysts covering the stock. Last month, NUVA received an average rating of Buy.

A buy rating was issued by 13 analysts, 1 gave an overweight rating, 4 issued a hold rating, 0 issued an underweight rating, and 0 gave a sell rating. Over the past 90 days, the number of analysts that are bullish on the stock has decreased by 1. Over the same time period, there has been an increase of 0 in the number of analysts with a negative outlook on the stock.

A number of analysts gave price targets for NUVA. The highest price target was 90, implying potential capital gains of 13.26 percent. The minimum price target given was 79, implying potential capital losses of -0.58 percent. It is crucial to not blindly accept any price targets or stock ratings, because many analysts have it in their best interest to give positive coverage of certain stocks.

Over the past month, analysts have revised their estimates for this quarter's earnings, with a net average change of 0 percent. This can be compared with the average change in earnings estimates over the past 3 months, which is -2.22 percent. Meanwhile, fiscal year estimates have been revised upwards by 0 percent, compared to last month. If we look at the last 90 days instead, we find a net average change of 0.25 percent in FY estimates.

Another thing investors often look at is the level of agreement among analysts' revisions. Over the past month, 0 analysts increased their quarterly estimates, which can be compared to the 0 analysts that decreased their estimates. Over the same time period, 0 analysts revised their FY earnings estimates upwards, while 0 analysts decreased their estimates.

NUVA has an estimated earnings growth rate of 102.72 percent as forecasted by analysts. It's possible to gain additional insight about growth valuation of a company by looking at the PEG ratio. Investors like to see smaller values for the PEG ratio, as that can indicate whether the high price level of a stock is warranted by high growth. People often look for the PEG ratio to be under 1, although it is frequently more appropriate to compare PEG ratios to the company's peers. The PEG ratio of NUVA is 0.8.

NUVA has a 52-week high of 81.68 and a 52-week low of 56.70. Today's price is 40.14 percent above the 52-week low, and below the high by 2.72 percent. NUVA has a price/earnings ratio of 81.92. Investors typically compare the P/E ratio to a company's peers in the industry. The NUVA value stock report compares NUVA to some of its peers using value stock charts. The market cap of NUVA is $4.11 billion. NUVA's next earnings release will be on 0000-00-00, which is days away.