Nevro Corp Stock Net Income
| NVRO Stock | USD 11.29 0.14 1.26% |
Nevro Corp fundamentals help investors to digest information that contributes to Nevro Corp's financial success or failures. It also enables traders to predict the movement of Nevro Stock. The fundamental analysis module provides a way to measure Nevro Corp's intrinsic value by examining its available economic and financial indicators, including the cash flow records, the balance sheet account changes, the income statement patterns, and various microeconomic indicators and financial ratios related to Nevro Corp stock.
| Last Reported | Projected for Next Year | ||
| Net Loss | -92.2 M | -87.6 M | |
| Net Loss | -102.4 M | -97.3 M | |
| Net Income Applicable To Common Shares | 2.7 M | 2.8 M | |
| Net Loss | (2.56) | (2.69) | |
| Net Income Per E B T | 0.94 | 1.09 |
Nevro | Net Income |
Nevro Corp Company Net Income Analysis
Nevro Corp's Net income is the profit of a company for the reporting period, which is derived after taking revenues and gains and subtracting all expenses and losses. Net income is one of the most-watched numbers by money managers as well as individual investors.
Current Nevro Corp Net Income | (92.21 M) |
Most of Nevro Corp's fundamental indicators, such as Net Income, are part of a valuation analysis module that helps investors searching for stocks that are currently trading at higher or lower prices than their real value. If the real value is higher than the market price, Nevro Corp is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
Nevro Net Income Driver Correlations
Understanding the fundamental principles of building solid financial models for Nevro Corp is extremely important. It helps to project a fair market value of Nevro Stock properly, considering its historical fundamentals such as Net Income. Since Nevro Corp's main accounts across its financial reports are all linked and dependent on each other, it is essential to analyze all possible correlations between related accounts. However, instead of reviewing all of Nevro Corp's historical financial statements, investors can examine the correlated drivers to determine its overall health. This can be effectively done using a conventional correlation matrix of Nevro Corp's interrelated accounts and indicators.
Because income is reported on the Income Statement of a company and is measured in dollars some investors prefer to use Profit Margin, which measures income as a percentage of sales.
| Competition |
Nevro Accumulated Other Comprehensive Income
Accumulated Other Comprehensive Income |
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Based on the recorded statements, Nevro Corp reported net income of (92.21 Million). This is 127.02% lower than that of the Health Care Equipment & Supplies sector and 138.73% lower than that of the Health Care industry. The net income for all United States stocks is 116.15% higher than that of the company.
Nevro Net Income Peer Comparison
Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses Nevro Corp's direct or indirect competition against its Net Income to detect undervalued stocks with similar characteristics or determine the stocks which would be a good addition to a portfolio. Peer analysis of Nevro Corp could also be used in its relative valuation, which is a method of valuing Nevro Corp by comparing valuation metrics of similar companies.Nevro Corp is currently under evaluation in net income category among related companies.
Nevro Corp Current Valuation Drivers
We derive many important indicators used in calculating different scores of Nevro Corp from analyzing Nevro Corp's financial statements. These drivers represent accounts that assess Nevro Corp's ability to generate profits relative to its revenue, operating costs, and shareholders' equity. Below are some of Nevro Corp's important valuation drivers and their relationship over time.
| 2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
| Market Cap | 3.6B | 5.8B | 2.8B | 1.4B | 774.3M | 1.4B | |
| Enterprise Value | 3.7B | 6.1B | 3.0B | 1.5B | 891.9M | 1.5B |
Nevro Corp Institutional Holders
Institutional Holdings refers to the ownership stake in Nevro Corp that is held by large financial organizations, pension funds or endowments. Institutions may purchase large blocks of Nevro Corp's outstanding shares and can exert considerable influence upon its management. Institutional holders may also work to push the share price higher once they own the stock. Extensive social media coverage, TV shows, articles in high-profile magazines, and presentations at investor conferences help move the stock higher, increasing Nevro Corp's value.| Shares | State Street Corporation | 2023-12-31 | 1 M | Amvescap Plc. | 2023-12-31 | 942.5 K | Millennium Management Llc | 2023-12-31 | 870.1 K | Geode Capital Management, Llc | 2023-12-31 | 768.7 K | Palo Alto Investors, Llc | 2023-12-31 | 750.4 K | Principal Financial Group Inc | 2023-12-31 | 720.5 K | Balyasny Asset Management Llc | 2023-12-31 | 655.9 K | Two Sigma Advisers, Llc | 2023-12-31 | 519.7 K | Two Sigma Investments Llc | 2023-12-31 | 514.2 K | Vanguard Group Inc | 2023-12-31 | 4.1 M | Blackrock Inc | 2023-12-31 | 3.4 M |
Nevro Fundamentals
| Return On Equity | -0.3 | ||||
| Return On Asset | -0.1 | ||||
| Profit Margin | (0.22) % | ||||
| Operating Margin | (0.10) % | ||||
| Current Valuation | 304.94 M | ||||
| Shares Outstanding | 36.68 M | ||||
| Shares Owned By Insiders | 3.19 % | ||||
| Shares Owned By Institutions | 96.81 % | ||||
| Number Of Shares Shorted | 4.17 M | ||||
| Price To Earning | (63.38) X | ||||
| Price To Book | 1.64 X | ||||
| Price To Sales | 1.13 X | ||||
| Revenue | 425.17 M | ||||
| Gross Profit | 276.37 M | ||||
| EBITDA | (87.77 M) | ||||
| Net Income | (92.21 M) | ||||
| Cash And Equivalents | 310.82 M | ||||
| Cash Per Share | 8.78 X | ||||
| Total Debt | 221.83 M | ||||
| Debt To Equity | 0.89 % | ||||
| Current Ratio | 6.65 X | ||||
| Book Value Per Share | 8.06 X | ||||
| Cash Flow From Operations | (64.66 M) | ||||
| Short Ratio | 10.29 X | ||||
| Earnings Per Share | (2.56) X | ||||
| Price To Earnings To Growth | (3.13) X | ||||
| Target Price | 17.47 | ||||
| Number Of Employees | 1.22 K | ||||
| Beta | 0.89 | ||||
| Market Capitalization | 428.07 M | ||||
| Total Asset | 635.71 M | ||||
| Retained Earnings | (699.41 M) | ||||
| Working Capital | 447.55 M | ||||
| Current Asset | 282.63 M | ||||
| Current Liabilities | 36.39 M | ||||
| Net Asset | 635.71 M |
About Nevro Corp Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze Nevro Corp's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Nevro Corp using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Nevro Corp based on its fundamental data. In general, a quantitative approach, as applied to this company, focuses on analyzing financial statements comparatively, whereas a qaualitative method uses data that is important to a company's growth but cannot be measured and presented in a numerical way.
Please read more on our fundamental analysis page.
Some investors attempt to determine whether the market's mood is bullish or bearish by monitoring changes in market sentiment. Unlike more traditional methods such as technical analysis, investor sentiment usually refers to the aggregate attitude towards Nevro Corp in the overall investment community. So, suppose investors can accurately measure the market's sentiment. In that case, they can use it for their benefit. For example, some tools to gauge market sentiment could be utilized using contrarian indexes, Nevro Corp's short interest history, or implied volatility extrapolated from Nevro Corp options trading.
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When running Nevro Corp's price analysis, check to measure Nevro Corp's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Nevro Corp is operating at the current time. Most of Nevro Corp's value examination focuses on studying past and present price action to predict the probability of Nevro Corp's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Nevro Corp's price. Additionally, you may evaluate how the addition of Nevro Corp to your portfolios can decrease your overall portfolio volatility.
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Is Nevro Corp's industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Nevro Corp. If investors know Nevro will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Nevro Corp listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share (2.56) | Revenue Per Share 11.816 | Quarterly Revenue Growth 0.02 | Return On Assets (0.10) | Return On Equity (0.30) |
The market value of Nevro Corp is measured differently than its book value, which is the value of Nevro that is recorded on the company's balance sheet. Investors also form their own opinion of Nevro Corp's value that differs from its market value or its book value, called intrinsic value, which is Nevro Corp's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Nevro Corp's market value can be influenced by many factors that don't directly affect Nevro Corp's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Nevro Corp's value and its price as these two are different measures arrived at by different means. Investors typically determine if Nevro Corp is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Nevro Corp's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.