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 maximum price target given was 90, which equates to a potential upside of 13.26 percent. The most pessimistic price target was 79, implying a possible loss 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. Expanding the time horizon to 3 months, the average change in fiscal year estimates becomes 0.25 percent.

People are often interested in whether analysts were united in the direction of their revisions. 0 analysts have revised their quarterly estimates upwards in the past 30 days, while 0 analysts made negative revisions. Also over the last month, 0 analysts increased their estimates for the FY earnings, while 0 analysts made negative revisions to their fiscal year's estimates.

Analysts estimate earnings of NUVA to grow at a rate of 102.72 percent. Another measure frequently examined by investors is 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. Many investors consider PEG ratios between 0 and 1 as preferrable, although it is frequently more appropriate to compare PEG ratios to the company's peers. The PEG ratio of NUVA is 0.8.

In the trailing 52-weeks, NUVA hit 81.68 at the highest peak, while it's lowest trading point was 56.70. Today's price is 40.14 percent above the 52-week low, and 2.72 percent lower than its 52-week 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 is estimated to release their earnings results for the quarter on 0000-00-00, days from today.