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Nevro (NVRO) Competitors

$9.35
+0.18 (+1.96%)
(As of 05/31/2024 ET)

NVRO vs. MDXG, ATRC, AORT, CATX, SILK, ATRI, KIDS, EMBC, FNA, and PLSE

Should you be buying Nevro stock or one of its competitors? The main competitors of Nevro include MiMedx Group (MDXG), AtriCure (ATRC), Artivion (AORT), Perspective Therapeutics (CATX), Silk Road Medical (SILK), Atrion (ATRI), OrthoPediatrics (KIDS), Embecta (EMBC), Paragon 28 (FNA), and Pulse Biosciences (PLSE). These companies are all part of the "surgical & medical instruments" industry.

Nevro vs.

MiMedx Group (NASDAQ:MDXG) and Nevro (NYSE:NVRO) are both small-cap medical companies, but which is the superior investment? We will contrast the two businesses based on the strength of their earnings, community ranking, institutional ownership, profitability, media sentiment, valuation, risk, dividends and analyst recommendations.

Nevro received 469 more outperform votes than MiMedx Group when rated by MarketBeat users. However, 77.27% of users gave MiMedx Group an outperform vote while only 65.75% of users gave Nevro an outperform vote.

CompanyUnderperformOutperform
MiMedx GroupOutperform Votes
34
77.27%
Underperform Votes
10
22.73%
NevroOutperform Votes
503
65.75%
Underperform Votes
262
34.25%

MiMedx Group has a net margin of 18.63% compared to MiMedx Group's net margin of -19.17%. Nevro's return on equity of 39.42% beat MiMedx Group's return on equity.

Company Net Margins Return on Equity Return on Assets
MiMedx Group18.63% 39.42% 13.70%
Nevro -19.17%-27.48%-13.40%

MiMedx Group currently has a consensus target price of $12.25, indicating a potential upside of 71.33%. Nevro has a consensus target price of $19.46, indicating a potential upside of 108.14%. Given MiMedx Group's higher probable upside, analysts clearly believe Nevro is more favorable than MiMedx Group.

Company Sell Ratings Hold Ratings Buy Ratings Strong Buy Ratings Rating Score
MiMedx Group
0 Sell rating(s)
0 Hold rating(s)
4 Buy rating(s)
0 Strong Buy rating(s)
3.00
Nevro
2 Sell rating(s)
10 Hold rating(s)
1 Buy rating(s)
0 Strong Buy rating(s)
1.92

In the previous week, MiMedx Group had 2 more articles in the media than Nevro. MarketBeat recorded 3 mentions for MiMedx Group and 1 mentions for Nevro. Nevro's average media sentiment score of 1.08 beat MiMedx Group's score of 0.90 indicating that MiMedx Group is being referred to more favorably in the media.

Company Very Positive Positive Neutral Negative Very Negative Overall Sentiment
MiMedx Group
1 Very Positive mention(s)
0 Positive mention(s)
1 Neutral mention(s)
0 Negative mention(s)
0 Very Negative mention(s)
Positive
Nevro
1 Very Positive mention(s)
0 Positive mention(s)
0 Neutral mention(s)
0 Negative mention(s)
0 Very Negative mention(s)
Positive

MiMedx Group has a beta of 1.44, suggesting that its share price is 44% more volatile than the S&P 500. Comparatively, Nevro has a beta of 0.96, suggesting that its share price is 4% less volatile than the S&P 500.

79.2% of MiMedx Group shares are held by institutional investors. Comparatively, 95.5% of Nevro shares are held by institutional investors. 1.3% of MiMedx Group shares are held by insiders. Comparatively, 3.2% of Nevro shares are held by insiders. Strong institutional ownership is an indication that large money managers, hedge funds and endowments believe a company will outperform the market over the long term.

MiMedx Group has higher earnings, but lower revenue than Nevro. Nevro is trading at a lower price-to-earnings ratio than MiMedx Group, indicating that it is currently the more affordable of the two stocks.

CompanyGross RevenuePrice/Sales RatioNet IncomeEarnings Per SharePrice/Earnings Ratio
MiMedx Group$321.48M3.28$58.23M$0.4416.25
Nevro$425.17M0.81-$92.21M-$2.29-4.08

Summary

MiMedx Group beats Nevro on 13 of the 18 factors compared between the two stocks.

New MarketBeat Followers Over Time

This chart shows the number of new MarketBeat users adding NVRO and its top 5 competitors to their watchlist. Each company is represented with a line over a 90 day period.
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Media Sentiment Over Time

This chart shows the average media sentiment of NYSE and its competitors over the past 90 days as caculated by MarketBeat. The averaged score is equivalent to the following: Very Negative Sentiment <= -1.5, Negative Sentiment > -1.5 and <= -0.5, Neutral Sentiment > -0.5 and < 0.5, Positive Sentiment >= 0.5 and < 1.5, and Very Positive Sentiment >= 1.5.
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NVRO vs. The Competition

MetricNevroSurgical & medical instruments IndustryMedical SectorNYSE Exchange
Market Cap$343.43M$3.86B$5.13B$17.79B
Dividend YieldN/A1.82%2.75%3.55%
P/E Ratio-4.0816.07167.1725.81
Price / Sales0.8171.072,418.7811.40
Price / CashN/A48.1735.3018.95
Price / Book1.235.075.535.90
Net Income-$92.21M$4.50M$106.01M$976.46M
7 Day Performance-0.43%1.27%1.14%0.62%
1 Month Performance-10.10%0.10%1.43%4.79%
1 Year Performance-65.91%-17.03%4.07%24.00%

Nevro Competitors List

CompanyMarketRankShare PriceAnalysts' Price Target1Y Price PerformanceMarket CapRevenueP/E RatioEmployee CountIndicator(s)
MDXG
MiMedx Group
3.7472 of 5 stars
$7.75
-0.3%
$12.25
+58.1%
+23.5%$1.14B$321.48M17.61895Positive News
ATRC
AtriCure
2.8186 of 5 stars
$23.19
+3.3%
$49.78
+114.7%
-50.8%$1.10B$399.24M-28.991,200Insider Buying
News Coverage
Positive News
AORT
Artivion
0.8702 of 5 stars
$23.78
+0.5%
$27.50
+15.6%
+59.8%$991.63M$354M-99.081,500Positive News
CATX
Perspective Therapeutics
3.3705 of 5 stars
$1.50
-0.7%
$1.90
+26.7%
N/A$933.94M$1.43M0.00116News Coverage
Positive News
Gap Up
SILK
Silk Road Medical
2.3413 of 5 stars
$21.93
+1.9%
$20.10
-8.3%
-30.1%$864.92M$177.13M-16.01474Positive News
ATRI
Atrion
1.7761 of 5 stars
$462.93
-0.2%
N/A-13.7%$814.76M$169.33M43.51712Analyst Downgrade
Short Interest ↑
KIDS
OrthoPediatrics
3.9303 of 5 stars
$32.54
+2.6%
$45.50
+39.8%
-26.8%$775.43M$148.73M-33.90247Positive News
Gap Down
EMBC
Embecta
1.1078 of 5 stars
$13.13
+1.1%
$13.00
-1.0%
-54.0%$757.21M$1.12B10.852,200Positive News
FNA
Paragon 28
2.0396 of 5 stars
$7.82
+2.0%
$16.75
+114.2%
-57.7%$648.67M$216.39M-12.03574Short Interest ↑
PLSE
Pulse Biosciences
0.9739 of 5 stars
$11.37
-4.9%
N/A+81.6%$627.85M$700,000.00-14.0456Positive News

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This page (NYSE:NVRO) was last updated on 6/2/2024 by MarketBeat.com Staff

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