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.

Investment analysts gave a few price targets for NUVA. The maximum price target given was 90, implying potential capital gains of 13.26 percent. The most pessimistic analyst gave a price target of 79, implying potential capital losses of -0.58 percent. Some investors take price targets and stock ratings with a grain of salt, knowing that some analysts can have indirect business with the stocks they cover.

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. Over the past 30 days, FY earnings estimates have also changed upwards by 0 percent. 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. 0 analysts made positive revisions to their quarterly estimates over the past month, which can be compared to the 0 analysts that decreased their estimates. Also over the last month, 0 analysts increased their estimates for the FY earnings, compared to 0 analysts that revised their FY estimates downwards.

NUVA has an estimated earnings growth rate of 102.72 percent as forecasted by analysts. Another measure frequently examined by investors is the PEG ratio. Smaller PEG ratios are desirable, because that is often interpreted as the company being fairly priced relative to its growth rate. PEG ratios below 1 are often considered desirable, even though it may be more relevant to compare the ratio to that of a firm's competitors. 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. The current market price is above the trailing year's low by 40.14 percent, and 2.72 percent below the high. 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.