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 maximum price target given was 90, which equates to a potential upside of 13.26 percent. The most pessimistic analyst gave a price target of 79, implying a possible loss of -0.58 percent. One must be careful with overanalyzing price targets and ratings due to possible conflicts of interest among the analysts releasing them.

In the last 30 days, analysts have changed their quarterly earnings estimates upwards by an average of 0 percent. The average change in earnings estimates over the last 90 days is -2.22 percent. Over the past 30 days, FY earnings estimates have also changed upwards by 0 percent. Expanding the time horizon to 3 months, the average change in fiscal year estimates becomes 0.25 percent.

Another thing investors often look at is the level of agreement among analysts' revisions. 0 analysts made positive revisions to their quarterly estimates over the past month, while 0 analysts made negative revisions. Over the same time period, 0 analysts revised their FY earnings estimates upwards, compared to 0 analysts that revised their FY estimates downwards.

Analysts estimate earnings of NUVA to grow at a rate of 102.72 percent. It's possible to gain additional insight about growth valuation of a company by looking at the PEG ratio. Smaller PEG ratios are desirable, because people typically see that as an indicator of higher growth relative to stock price. Wall Street investors typically prefer a PEG ratio to be smaller than 1, although it is frequently more appropriate to compare PEG ratios to the company's peers. NUVA has a PEG ratio of 0.8.

NUVA has a 52-week high of 81.68 and a 52-week low of 56.70. The current market price is above the trailing year's low by 40.14 percent, and below the high by 2.72 percent. NUVA has a P/E 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.