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.

Many analysts weighed in on price targets for NUVA. The most optimistic price target was 90, implying a possible profit of 13.26 percent. The lowest price target was 79, implying a possible loss of -0.58 percent. Note that investment analysts can be biased in their reporting on companies's ratings and price targets.

Analysts have revised their earnings estimates upwards for this quarter, by about 0 percent on average, compared to last month. 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.

Investors like to see analysts making revisions in the same direction, as that raises confidence in the 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, while 0 analysts decreased their estimates.

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. A lower PEG ratio is favorable, 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, though it could be better to see where the ratio stands relative to peers in the industry. NUVA has a PEG ratio of 0.8.

In the last 52-weeks, NUVA has achieved a high of 81.68 and a low of 56.70. Today's price is 40.14 percent above the 52-week low, and 2.72 percent below the high. 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 is estimated to release their earnings results for the quarter on 0000-00-00, days from today.