Nuvei (NASDAQ:NVEI – Get Free Report) is scheduled to announce its earnings results after the market closes on Tuesday, May 7th. Analysts expect the company to announce earnings of $0.47 per share for the quarter.
Nuvei (NASDAQ:NVEI – Get Free Report) last issued its quarterly earnings data on Tuesday, March 5th. The company reported $0.30 EPS for the quarter, beating the consensus estimate of $0.24 by $0.06. The firm had revenue of $321.52 million during the quarter, compared to the consensus estimate of $319.60 million. Nuvei had a negative net margin of 0.66% and a positive return on equity of 6.64%. On average, analysts expect Nuvei to post $1 EPS for the current fiscal year and $2 EPS for the next fiscal year.
Nuvei Stock Up 0.0 %
Shares of NASDAQ:NVEI opened at $32.34 on Friday. The company has a 50-day moving average price of $29.34 and a 200-day moving average price of $24.65. The company has a quick ratio of 1.05, a current ratio of 1.05 and a debt-to-equity ratio of 0.61. Nuvei has a 12 month low of $13.32 and a 12 month high of $42.50.
Nuvei Announces Dividend
Wall Street Analyst Weigh In
Several equities analysts have recently commented on the stock. Keefe, Bruyette & Woods reaffirmed a “market perform” rating and set a $34.00 price objective (up from $31.00) on shares of Nuvei in a research note on Tuesday, April 2nd. Canaccord Genuity Group cut their price target on shares of Nuvei from $40.00 to $34.00 and set a “buy” rating on the stock in a report on Tuesday, April 2nd. National Bankshares increased their price objective on shares of Nuvei from $23.00 to $30.00 and gave the company an “outperform” rating in a research report on Friday, January 26th. Citigroup increased their price objective on shares of Nuvei from $27.00 to $34.00 and gave the company a “neutral” rating in a research report on Wednesday, April 3rd. Finally, Wells Fargo & Company lowered their price objective on shares of Nuvei from $29.00 to $27.00 and set an “equal weight” rating on the stock in a research report on Thursday, March 7th. Eight analysts have rated the stock with a hold rating and ten have issued a buy rating to the stock. Based on data from MarketBeat, Nuvei presently has an average rating of “Moderate Buy” and a consensus target price of $31.94.
Read Our Latest Research Report on NVEI
Nuvei Company Profile
Nuvei Corporation provides payment technology solutions to merchants and partners in North America, Europe, the Middle East and Africa, Latin America, and the Asia Pacific. The company's platform enables customers to pay and/or accept payments worldwide regardless of the location, device, or preferred payment method.
Further Reading
- Five stocks we like better than Nuvei
- Insider Buying Explained: What Investors Need to Know
- MarketBeat Week in Review – 4/29 – 5/3
- What Does a Gap Up Mean in Stocks? How to Play the Gap
- Apple’s Earnings Show Investors Its Strength and Its Weakness
- Trading Halts Explained
- Bargain Alert: 3 Large Caps With Extremely Oversold RSIs
Receive News & Ratings for Nuvei Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Nuvei and related companies with MarketBeat.com's FREE daily email newsletter.