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Nevro (NVRO) Competitors

Nevro logo
$4.52 +0.45 (+11.06%)
(As of 11/15/2024 ET)

NVRO vs. IRMD, AXGN, KIDS, SIBN, CATX, BFLY, TMCI, ZIMV, TCMD, and NNOX

Should you be buying Nevro stock or one of its competitors? The main competitors of Nevro include Iradimed (IRMD), AxoGen (AXGN), OrthoPediatrics (KIDS), SI-BONE (SIBN), Perspective Therapeutics (CATX), Butterfly Network (BFLY), Treace Medical Concepts (TMCI), ZimVie (ZIMV), Tactile Systems Technology (TCMD), and Nano-X Imaging (NNOX). These companies are all part of the "medical equipment" industry.

Nevro vs.

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

Iradimed has a beta of 0.79, meaning that its share price is 21% less volatile than the S&P 500. Comparatively, Nevro has a beta of 0.93, meaning that its share price is 7% less volatile than the S&P 500.

92.3% of Iradimed shares are owned by institutional investors. Comparatively, 95.5% of Nevro shares are owned by institutional investors. 37.1% of Iradimed shares are owned by company insiders. Comparatively, 3.2% of Nevro shares are owned by company insiders. Strong institutional ownership is an indication that endowments, large money managers and hedge funds believe a stock is poised for long-term growth.

In the previous week, Nevro had 34 more articles in the media than Iradimed. MarketBeat recorded 35 mentions for Nevro and 1 mentions for Iradimed. Iradimed's average media sentiment score of 0.84 beat Nevro's score of 0.43 indicating that Iradimed is being referred to more favorably in the media.

Company Overall Sentiment
Iradimed Positive
Nevro Neutral

Iradimed currently has a consensus price target of $60.00, indicating a potential upside of 15.41%. Nevro has a consensus price target of $9.10, indicating a potential upside of 101.33%. Given Nevro's higher possible upside, analysts clearly believe Nevro is more favorable than Iradimed.

Company Sell Ratings Hold Ratings Buy Ratings Strong Buy Ratings Rating Score
Iradimed
0 Sell rating(s)
0 Hold rating(s)
3 Buy rating(s)
0 Strong Buy rating(s)
3.00
Nevro
3 Sell rating(s)
11 Hold rating(s)
0 Buy rating(s)
0 Strong Buy rating(s)
1.79

Iradimed has a net margin of 26.12% compared to Nevro's net margin of -16.54%. Iradimed's return on equity of 23.99% beat Nevro's return on equity.

Company Net Margins Return on Equity Return on Assets
Iradimed26.12% 23.99% 20.45%
Nevro -16.54%-23.52%-10.83%

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

CompanyGross RevenuePrice/Sales RatioNet IncomeEarnings Per SharePrice/Earnings Ratio
Iradimed$65.56M10.05$17.19M$1.4635.61
Nevro$425.17M0.40-$92.21M-$1.89-2.39

Nevro received 251 more outperform votes than Iradimed when rated by MarketBeat users. However, 64.78% of users gave Iradimed an outperform vote while only 63.67% of users gave Nevro an outperform vote.

CompanyUnderperformOutperform
IradimedOutperform Votes
252
64.78%
Underperform Votes
137
35.22%
NevroOutperform Votes
503
63.67%
Underperform Votes
287
36.33%

Summary

Iradimed beats Nevro on 12 of the 18 factors compared between the two stocks.

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New MarketBeat Followers Over Time

This chart shows the number of new MarketBeat users adding {thisCompany.Symbol} 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$169.37M$4.42B$5.16B$19.83B
Dividend YieldN/A41.17%5.18%3.51%
P/E Ratio-2.3913.6169.0935.65
Price / Sales0.4046.871,271.8617.76
Price / CashN/A51.8939.7121.33
Price / Book0.625.516.484.64
Net Income-$92.21M$13.76M$119.82M$982.94M
7 Day Performance-11.02%-6.52%-5.13%-2.12%
1 Month Performance-9.24%2.19%-2.71%-0.39%
1 Year Performance-72.74%50.62%31.10%23.34%

Nevro Competitors List

CompanyMarketRankShare PriceAnalysts' Price Target1Y Price PerformanceMarket CapRevenueP/E RatioEmployee CountIndicator(s)
NVRO
Nevro
2.7403 of 5 stars
$4.52
+11.1%
$9.10
+101.3%
-73.3%$169.37M$425.17M-2.391,215Earnings Report
Analyst Forecast
Analyst Revision
News Coverage
High Trading Volume
IRMD
Iradimed
4.7428 of 5 stars
$51.99
-3.5%
N/A+22.7%$658.71M$65.56M35.61110
AXGN
AxoGen
2.8433 of 5 stars
$12.64
+1.4%
N/A+117.9%$556.29M$159.01M-39.50426Short Interest ↓
Positive News
KIDS
OrthoPediatrics
4.3201 of 5 stars
$22.93
+1.1%
N/A-26.1%$555.37M$148.73M-18.64200
SIBN
SI-BONE
4.4134 of 5 stars
$12.92
+3.9%
N/A-26.9%$541.87M$138.89M-14.04350Analyst Forecast
Analyst Revision
News Coverage
CATX
Perspective Therapeutics
2.8051 of 5 stars
$7.88
-11.7%
N/AN/A$532.61M$1.43M0.00116Earnings Report
Analyst Revision
News Coverage
High Trading Volume
BFLY
Butterfly Network
2.9042 of 5 stars
$2.35
-8.2%
N/A+111.7%$499.63M$76.22M-5.10460
TMCI
Treace Medical Concepts
1.057 of 5 stars
$7.61
-0.3%
N/A-8.9%$474.08M$202.86M-7.69250
ZIMV
ZimVie
2.8711 of 5 stars
$13.39
-2.8%
N/A+58.9%$380.31M$457.43M-1.022,600
TCMD
Tactile Systems Technology
3.9524 of 5 stars
$15.66
+0.2%
N/A+37.5%$375.84M$274.42M24.09980
NNOX
Nano-X Imaging
2.0404 of 5 stars
$5.85
-3.0%
N/A-8.2%$338.01M$10.13M-5.91190Upcoming Earnings
News Coverage

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This page (NYSE:NVRO) was last updated on 11/17/2024 by MarketBeat.com Staff
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