Nevro (NVRO) Competitors

$10.52
+0.36 (+3.54%)
(As of 05/9/2024 ET)

NVRO vs. ANIK, SKIN, NPCE, OSUR, PLSE, SRDX, CVRX, TCMD, GUTS, and BVS

Should you be buying Nevro stock or one of its competitors? The main competitors of Nevro include Anika Therapeutics (ANIK), Beauty Health (SKIN), NeuroPace (NPCE), OraSure Technologies (OSUR), Pulse Biosciences (PLSE), Surmodics (SRDX), CVRx (CVRX), Tactile Systems Technology (TCMD), Fractyl Health (GUTS), and Bioventus (BVS). These companies are all part of the "surgical & medical instruments" industry.

Nevro vs.

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

Nevro received 203 more outperform votes than Anika Therapeutics when rated by MarketBeat users. Likewise, 65.84% of users gave Nevro an outperform vote while only 64.38% of users gave Anika Therapeutics an outperform vote.

CompanyUnderperformOutperform
NevroOutperform Votes
503
65.84%
Underperform Votes
261
34.16%
Anika TherapeuticsOutperform Votes
300
64.38%
Underperform Votes
166
35.62%

Nevro has a beta of 0.96, indicating that its share price is 4% less volatile than the S&P 500. Comparatively, Anika Therapeutics has a beta of 0.74, indicating that its share price is 26% less volatile than the S&P 500.

95.5% of Nevro shares are owned by institutional investors. Comparatively, 91.5% of Anika Therapeutics shares are owned by institutional investors. 3.2% of Nevro shares are owned by insiders. Comparatively, 5.9% of Anika Therapeutics shares are owned by insiders. Strong institutional ownership is an indication that large money managers, hedge funds and endowments believe a stock is poised for long-term growth.

Nevro has a net margin of -21.69% compared to Anika Therapeutics' net margin of -49.60%. Anika Therapeutics' return on equity of -2.10% beat Nevro's return on equity.

Company Net Margins Return on Equity Return on Assets
Nevro-21.69% -30.22% -15.17%
Anika Therapeutics -49.60%-2.10%-1.71%

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

CompanyGross RevenuePrice/Sales RatioNet IncomeEarnings Per SharePrice/Earnings Ratio
Nevro$425.17M0.91-$92.21M-$2.57-4.09
Anika Therapeutics$166.66M2.25-$82.67M-$5.65-4.47

Nevro presently has a consensus target price of $20.00, suggesting a potential upside of 90.11%. Anika Therapeutics has a consensus target price of $29.50, suggesting a potential upside of 16.79%. Given Nevro's higher possible upside, analysts clearly believe Nevro is more favorable than Anika Therapeutics.

Company Sell Ratings Hold Ratings Buy Ratings Strong Buy Ratings Rating Score
Nevro
1 Sell rating(s)
11 Hold rating(s)
1 Buy rating(s)
0 Strong Buy rating(s)
2.00
Anika Therapeutics
0 Sell rating(s)
1 Hold rating(s)
1 Buy rating(s)
0 Strong Buy rating(s)
2.50

In the previous week, Nevro had 3 more articles in the media than Anika Therapeutics. MarketBeat recorded 18 mentions for Nevro and 15 mentions for Anika Therapeutics. Anika Therapeutics' average media sentiment score of 0.24 beat Nevro's score of 0.20 indicating that Anika Therapeutics is being referred to more favorably in the news media.

Company Very Positive Positive Neutral Negative Very Negative Overall Sentiment
Nevro
4 Very Positive mention(s)
2 Positive mention(s)
5 Neutral mention(s)
0 Negative mention(s)
1 Very Negative mention(s)
Neutral
Anika Therapeutics
3 Very Positive mention(s)
1 Positive mention(s)
6 Neutral mention(s)
0 Negative mention(s)
0 Very Negative mention(s)
Neutral

Summary

Nevro beats Anika Therapeutics on 10 of the 17 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$385.88M$3.89B$5.19B$17.78B
Dividend YieldN/A2.14%2.78%3.51%
P/E Ratio-4.0920.56167.7925.15
Price / Sales0.9161.632,380.0911.03
Price / CashN/A45.3233.9115.59
Price / Book1.304.175.325.09
Net Income-$92.21M$4.46M$105.60M$968.04M
7 Day Performance-6.82%-1.72%-0.27%1.82%
1 Month Performance-20.90%-3.70%-2.30%1.33%
1 Year Performance-62.36%6.85%3.32%112.57%

Nevro Competitors List

CompanyMarketRankShare PriceAnalysts' Price Target1Y Price PerformanceMarket CapRevenueP/E RatioEmployee CountIndicator(s)
ANIK
Anika Therapeutics
3.3531 of 5 stars
$25.89
-0.3%
$29.50
+13.9%
-0.1%$384.47M$166.66M-4.58357Analyst Forecast
SKIN
Beauty Health
3.1361 of 5 stars
$3.23
flat
$6.50
+101.2%
-67.4%$398.68M$398M-4.19881
NPCE
NeuroPace
2.5959 of 5 stars
$12.99
-4.0%
$15.67
+20.6%
+69.9%$373.07M$65.42M-10.15171Analyst Forecast
News Coverage
Trading Halted
OSUR
OraSure Technologies
4.3195 of 5 stars
$5.29
-2.0%
$6.38
+20.5%
-25.5%$404.74M$405.47M7.35638Earnings Report
Analyst Downgrade
News Coverage
Gap Down
PLSE
Pulse Biosciences
0.4681 of 5 stars
$7.37
+1.7%
N/A-13.6%$406.97M$700,000.00-8.2861News Coverage
SRDX
Surmodics
4.3552 of 5 stars
$25.69
-0.6%
$59.00
+129.7%
+58.2%$365.83M$132.58M67.61376Analyst Revision
Gap Down
CVRX
CVRx
3.5676 of 5 stars
$15.51
+1.5%
$33.67
+117.1%
-39.3%$334.86M$39.29M-7.83200
TCMD
Tactile Systems Technology
4.0639 of 5 stars
$13.77
-2.5%
$30.00
+117.9%
-33.9%$327.18M$274.42M11.48992Analyst Upgrade
Analyst Revision
News Coverage
GUTS
Fractyl Health
0 of 5 stars
$6.76
-3.2%
$22.00
+225.4%
N/A$323.67M$120,000.000.00102Upcoming Earnings
BVS
Bioventus
3.7151 of 5 stars
$3.96
-2.7%
$7.67
+93.6%
+466.9%$313.51M$512.34M-1.57970Analyst Forecast
News Coverage
Gap Down

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This page (NYSE:NVRO) was last updated on 5/10/2024 by MarketBeat.com Staff

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