Should I buy or sell Nuvei stock right now?

18 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for Nuvei in the last twelve months. There are currently 8 hold ratings and 10 buy ratings for the stock. The consensus among Wall Street research analysts is that investors should "moderate buy" NVEI shares. View NVEI analyst ratings or view top-rated stocks .

What is Nuvei's stock price target for 2024?

18 Wall Street research analysts have issued 12 month price targets for Nuvei's stock. Their NVEI share price targets range from $26.00 to $36.00. On average, they predict the company's share price to reach $31.94 in the next twelve months. This suggests that the stock has a possible downside of 0.4%. View analysts price targets for NVEI or view top-rated stocks among Wall Street analysts .

How have NVEI shares performed in 2024?

Nuvei's stock was trading at $26.26 at the start of the year. Since then, NVEI stock has increased by 22.1% and is now trading at $32.06. View the best growth stocks for 2024 here .

When is Nuvei's next earnings date?

The company is scheduled to release its next quarterly earnings announcement on Wednesday, May 8th 2024. View our NVEI earnings forecast .

How were Nuvei's earnings last quarter?

Nuvei Co. (NASDAQ:NVEI) issued its earnings results on Tuesday, March, 5th. The company reported $0.30 EPS for the quarter, beating analysts' consensus estimates of $0.24 by $0.06. The business earned $321.52 million during the quarter, compared to analysts' expectations of $319.60 million. Nuvei had a positive trailing twelve-month return on equity of 6.64% and a negative net margin of 0.66%.

How often does Nuvei pay dividends? What is the dividend yield for Nuvei?

Nuvei declared a quarterly dividend on Tuesday, March 5th. Investors of record on Tuesday, March 19th will be paid a dividend of $0.10 per share on Thursday, April 4th. This represents a $0.40 dividend on an annualized basis and a yield of 1.25%. The ex-dividend date of this dividend is Monday, March 18th. Read our dividend analysis for NVEI .

Is Nuvei a good dividend stock?

Nuvei (NASDAQ:NVEI) pays an annual dividend of $0.40 per share and currently has a dividend yield of 1.24%. Read our dividend analysis for NVEI .

What ETFs hold Nuvei's stock?

ETFs with the largest weight of Nuvei (NASDAQ:NVEI) stock in their portfolio include ProShares Merger ETF (MRGR) and Schwab Crypto Thematic ETF (STCE) . Amplify Mobile Payments ETF (IPAY) .

What guidance has Nuvei issued on next quarter's earnings?

Nuvei issued an update on its FY 2024 earnings guidance on Wednesday, March, 6th. The company provided earnings per share guidance of for the period. The company issued revenue guidance of $1.3 billion-$1.4 billion, compared to the consensus revenue estimate of $1.4 billion.

Who are Nuvei's major shareholders?

Nuvei's stock is owned by a number of retail and institutional investors. Top institutional shareholders include Addenda Capital Inc. (0.02%).

How do I buy shares of Nuvei?

Shares of NVEI stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services. Compare Top Brokerages Here .

NASDAQ:NVEI

Nuvei (NVEI) Stock Price, News & Analysis

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Free NVEI Stock Alerts

$32.06

-0.03 (-0.09%)

(As of 04/17/2024 ET)

Compare

Today's Range: $31.99
▼
$32.23
50-Day Range: $21.76
▼
$32.41
52-Week Range: $13.32
▼
$43.15

Volume: 2.04 million shs
Average Volume: 1.14 million shs
Market Capitalization: $4.47 billion

P/E Ratio: N/A
Dividend Yield: 1.25%
Price Target: $31.94

Get Nuvei alerts:

Nuvei MarketRank™ Stock Analysis

Analyst Rating: Moderate Buy
2.56 Rating Score
Upside/Downside: 0.4% Downside
$31.94 Price Target
Short Interest: N/A
Dividend Strength: Weak
Based on Four Factors
Sustainability: N/A
News Sentiment: 0.99
Based on 9 Articles This Week
Insider Trading: N/A
Proj. Earnings Growth: 35.43%
From $1.27 to $1.72 Per Share

Overall MarketRank^™

New Rank-Based ScoringMarketRank^™ is calculated by averaging available category scores (with extra weight given to analysis and valuation), then ranking the company's weighted average against that of other companies.

2.67 out of 5 stars

Business Services Sector

165th out of 305 stocks

Business Services, Not Elsewhere Classified Industry

55th out of 86 stocks

2.3

Analyst's Opinion

Consensus Rating
Nuvei has received a consensus rating of Moderate Buy. The company's average rating score is 2.56, and is based on 10 buy ratings, 8 hold ratings, and no sell ratings.
Amount of Analyst Coverage
Nuvei has been the subject of 12 research reports in the past 90 days, demonstrating strong analyst interest in this stock.

N/A

Short Interest

Short Interest
There is no current short interest data available for NVEI.

1.7

Dividend Strength

Dividend Yield
Nuvei pays a meaningful dividend of 1.24%, higher than the bottom 25% of all stocks that pay dividends.
Dividend Growth
Nuvei does not have a long track record of dividend growth.
Dividend Sustainability
Based on earnings estimates, Nuvei will have a dividend payout ratio of 23.26% next year. This indicates that Nuvei will be able to sustain or increase its dividend.

N/A

Sustainability and ESG

Overall ESG (Environmental, Social, and Governance) Score
There is no current Upright™ data available for NVEI.

3.3

News and Social Media Coverage

News Sentiment
Nuvei has a news sentiment score of 0.99. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This is a higher news sentiment than the 0.44 average news sentiment score of Business Services companies.
News Coverage This Week
MarketBeat has tracked 9 news articles for Nuvei this week, compared to 3 articles on an average week.
Search Interest
20 people have searched for NVEI on MarketBeat in the last 30 days. This is an increase of 18% compared to the previous 30 days.
MarketBeat Follows
Only 6 people have added Nuvei to their MarketBeat watchlist in the last 30 days. This is a decrease of 0% compared to the previous 30 days.

2.5

Company Ownership

Insider Buying vs. Insider Selling
In the past three months, Nuvei insiders have not sold or bought any company stock.
Percentage Held by Insiders
20.04% of the stock of Nuvei is held by insiders. A high percentage of insider ownership can be a sign of company health.
Percentage Held by Institutions
42.45% of the stock of Nuvei is held by institutions. High institutional ownership can be a signal of strong market trust in this company.

1.9

Earnings and Valuation

Earnings Growth
Earnings for Nuvei are expected to grow by 35.43% in the coming year, from $1.27 to $1.72 per share.
Price to Earnings Ratio vs. the Market
The P/E ratio of Nuvei is -534.24, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.
Price to Earnings Ratio vs. Sector
The P/E ratio of Nuvei is -534.24, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.
Price to Earnings Growth Ratio
Nuvei has a PEG Ratio of 1.51. PEG Ratios above 1 indicate that a company could be overvalued.
Price to Book Value per Share Ratio
Nuvei has a P/B Ratio of 2.19. P/B Ratios below 3 indicates that a company is reasonably valued with respect to its assets and liabilities.

See Top Rated MarketRank™ Stocks Here

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About Nuvei Stock (NASDAQ:NVEI)

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. Its solutions comprise a fully integrated payments engine with global processing capabilities, a turnkey solution for frictionless payment experiences, and a broad suite of data-driven business intelligence tools and risk management services. The company markets and sells its products and services through direct and indirect sales, strategic platform integrations, local sales teams, and indirect partners. The company was formerly known as Pivotal Development Corporation Inc. and changed its name to Nuvei Corporation in November 2018. Nuvei Corporation was founded in 2003 and is headquartered in Montreal, Canada.

NVEI Stock Price History

30 days | 90 days | 365 days | Advanced Chart

NVEI Stock News Headlines

April 17, 2024 | americanbankingnews.com

Q4 2025 EPS Estimates for Nuvei Co. Increased by Analyst (NASDAQ:NVEI)

April 15, 2024 | americanbankingnews.com

Nuvei Co. (NASDAQ:NVEI) Given Average Rating of "Moderate Buy" by Brokerages

April 17, 2024 | Gold Safe Exchange (Ad)

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Gold has already reached all-time highs, and experts believe it's not slowing down any time soon. In fact, some analysts predict a $7,000 price tag by 2025.

April 11, 2024 | prnewswire.com

Nuvei launches Invoice Financing to unlock merchant cash flow

April 10, 2024 | fool.com

Nuvei's Going Private

April 9, 2024 | prnewswire.com

Nuvei secures MPI license in Singapore to accelerate APAC expansion

April 7, 2024 | americanbankingnews.com

Nuvei (NASDAQ:NVEI) versus Steel Connect (NASDAQ:STCN) Head to Head Review

April 5, 2024 | businesswire.com

NUVEI CORPORATION INVESTOR ALERT by the Former Attorney General of Louisiana: Kahn Swick & Foti, LLC Investigates Adequacy of Price and Process in Proposed Sale of Nuvei Corporation - NVEI

April 17, 2024 | Gold Safe Exchange (Ad)

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Gold has already reached all-time highs, and experts believe it's not slowing down any time soon. In fact, some analysts predict a $7,000 price tag by 2025.

April 4, 2024 | pymnts.com

FinTech IPO Index Slides 2.9% Amid Nuvei's Go-Private Deal and Doma's Acquisition News

April 4, 2024 | pymnts.com

FinTech IPO Index Slides 2.9% Amid Nuvei's Go-Private Deal and Doma's Acquisition News

April 2, 2024 | ca.finance.yahoo.com

Nuvei Stock Goes Private: What Now for Investors?

April 2, 2024 | pymnts.com

Nuvei Sale Hints at Go-Private Deals and Consolidation in Payments' Future

April 2, 2024 | prnewswire.com

SHAREHOLDER INVESTIGATION: The M&A Class Action Firm Announces an Investigation of Nuvei Corp. - NVEI

April 1, 2024 | investopedia.com

Ryan Reynolds-Backed Nuvei Reaches $6.3B Deal To Be Taken Private by Advent International

April 1, 2024 | msn.com

Nuvei Agrees to be Taken Private by Advent International in $6.3 Billion Cash Deal

April 1, 2024 | pymnts.com

Nuvei Goes Private in $6.3 Billion Sale to Advent International

April 1, 2024 | pymnts.com

Nuvei Goes Private in $6.3 Billion Sale to Advent International

April 1, 2024 | prnewswire.com

Nuvei enters into agreement to be taken private by Advent International, alongside existing Canadian shareholders Philip Fayer, Novacap and CDPQ at a price of US$34.00 per share

April 1, 2024 | finance.yahoo.com

Canadian Investment Regulatory Organization Trading Halt - NVEI

March 27, 2024 | msn.com

Nuvei Stock: What Investors Need to Know About a Potential Buyout

March 27, 2024 | msn.com

Canadian payment processor Nuvei jumps amid no apparent news

March 27, 2024 | seekingalpha.com

Take-Private Deal Or Not, Nuvei Is Attractive

March 26, 2024 | benzinga.com

A Closer Look at Nuvei's Options Market Dynamics

March 19, 2024 | prnewswire.com

Charles & Keith selects Nuvei to boost international expansion

March 18, 2024 | investorplace.com

NVEI Stock Alert: Nuvei Pops on Potential Go-Private Deal

March 18, 2024 | msn.com

Nuvei Confirms Evaluating Offers to Go Private, Other Strategic Alternatives

See More Headlines

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Company Calendar

Last Earnings: 3/05/2024
Ex-Dividend for 4/4 Dividend: 3/18/2024
Dividend Payable: 4/04/2024
Today: 4/17/2024
Next Earnings (Estimated): 5/08/2024
Fiscal Year End: 12/31/2024

Get Stock Alerts

Industry, Sector and Symbol

Stock Exchange: NASDAQ
Sector: Business Services
Industry: Business services, not elsewhere classified
Sub-Industry: N/A
Current Symbol: NASDAQ:NVEI
CUSIP: N/A
CIK: 1765159
Web: www.nuvei.com
Phone: 514-313-1190
Fax: N/A
Employees: 2,202
Year Founded: N/A

Price Target and Rating

Average Stock Price Target: $31.94
High Stock Price Target: $36.00
Low Stock Price Target: $26.00
Potential Upside/Downside: -0.5%
Consensus Rating: Moderate Buy
Rating Score (0-4): 2.56
Research Coverage: 18 Analysts

Profitability

EPS (Most Recent Fiscal Year): ($0.06)
Trailing P/E Ratio: N/A
Forward P/E Ratio: 25.28
P/E Growth: 1.51
Net Income: $-7,840,000.00
Net Margins: -0.66%
Pretax Margin: 1.26%
Return on Equity: 6.64%
Return on Assets: 2.84%

Debt

Debt-to-Equity Ratio: 0.61
Current Ratio: 1.05
Quick Ratio: 1.05

Sales & Book Value

Annual Sales: $1.19 billion
Price / Sales: 3.76
Cash Flow: $1.87 per share
Price / Cash Flow: 17.14
Book Value: $14.66 per share
Price / Book: 2.19

Miscellaneous

Outstanding Shares: 139,430,000
Free Float: 111,487,000
Market Cap: $4.48 billion
Optionable: Optionable
Beta: 2.68

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Key Executives

Mr. Philip Fayer (Age 45)
Founder, Chair of the Board & CEO
Comp: $1.15M
Mr. Yuval Ziv (Age 47)
President
Comp: $1.29M
Mr. David S. Schwartz C.A. (Age 54)
C.F.A., CPA, Chief Financial Officer
Comp: $772.12k
Mr. Max Attias (Age 48)
Group Chief Technology Officer
Comp: $575.31k
Mr. Neil Erlick (Age 43)
Chief Corporate Development Officer
Comp: $749.63k
Mr. Kanwarpal Singh Bindra (Age 59)
Chief Product & Operations Officer
Mr. Anthony Gerstein (Age 55)
VP & Head of Investor Relations
Ms. Lindsay Matthews (Age 53)
General Counsel & Corporate Secretary
Mr. Guillaume Conteville
Chief Marketing Officer
Ms. Caitlin Shetter (Age 38)
Chief People Officer

Key Competitors

View All Competitors

Institutional Ownership

View All Institutional Transactions

NVEI Stock Analysis - Frequently Asked Questions

Should I buy or sell Nuvei stock right now?: 18 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for Nuvei in the last twelve months. There are currently 8 hold ratings and 10 buy ratings for the stock. The consensus among Wall Street research analysts is that investors should "moderate buy" NVEI shares.
View NVEI analyst ratings or view top-rated stocks.
What is Nuvei's stock price target for 2024?: 18 Wall Street research analysts have issued 12 month price targets for Nuvei's stock. Their NVEI share price targets range from $26.00 to $36.00. On average, they predict the company's share price to reach $31.94 in the next twelve months. This suggests that the stock has a possible downside of 0.4%.
View analysts price targets for NVEI or view top-rated stocks among Wall Street analysts.
How have NVEI shares performed in 2024?: Nuvei's stock was trading at $26.26 at the start of the year. Since then, NVEI stock has increased by 22.1% and is now trading at $32.06.
View the best growth stocks for 2024 here.
When is Nuvei's next earnings date?: The company is scheduled to release its next quarterly earnings announcement on Wednesday, May 8th 2024.
View our NVEI earnings forecast.
How were Nuvei's earnings last quarter?: Nuvei Co. (NASDAQ:NVEI) issued its earnings results on Tuesday, March, 5th. The company reported $0.30 EPS for the quarter, beating analysts' consensus estimates of $0.24 by $0.06. The business earned $321.52 million during the quarter, compared to analysts' expectations of $319.60 million. Nuvei had a positive trailing twelve-month return on equity of 6.64% and a negative net margin of 0.66%.
How often does Nuvei pay dividends? What is the dividend yield for Nuvei?: Nuvei declared a quarterly dividend on Tuesday, March 5th. Investors of record on Tuesday, March 19th will be paid a dividend of $0.10 per share on Thursday, April 4th. This represents a $0.40 dividend on an annualized basis and a yield of 1.25%. The ex-dividend date of this dividend is Monday, March 18th.
Read our dividend analysis for NVEI.

Is Nuvei a good dividend stock?: Nuvei (NASDAQ:NVEI) pays an annual dividend of $0.40 per share and currently has a dividend yield of 1.24%.
Read our dividend analysis for NVEI.
What ETFs hold Nuvei's stock?: ETFs with the largest weight of Nuvei (NASDAQ:NVEI) stock in their portfolio include ProShares Merger ETF (MRGR) and Schwab Crypto Thematic ETF (STCE).Amplify Mobile Payments ETF (IPAY).
What guidance has Nuvei issued on next quarter's earnings?: Nuvei issued an update on its FY 2024 earnings guidance on Wednesday, March, 6th. The company provided earnings per share guidance of for the period. The company issued revenue guidance of $1.3 billion-$1.4 billion, compared to the consensus revenue estimate of $1.4 billion.
Who are Nuvei's major shareholders?: Nuvei's stock is owned by a number of retail and institutional investors. Top institutional shareholders include Addenda Capital Inc. (0.02%).
How do I buy shares of Nuvei?: Shares of NVEI stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.
Compare Top Brokerages Here.

This page (NASDAQ:NVEI) was last updated on 4/17/2024 by MarketBeat.com Staff

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Nuvei (NVEI) Stock Price, News & Analysis

Nuvei MarketRank™ Stock Analysis

Overall MarketRank™

Analyst's Opinion

Short Interest

Short Interest

Dividend Strength

Sustainability and ESG

Overall ESG (Environmental, Social, and Governance) Score

News and Social Media Coverage

News Sentiment

News Coverage This Week

Search Interest

MarketBeat Follows

Company Ownership

Earnings and Valuation

About Nuvei Stock (NASDAQ:NVEI)

NVEI Stock Price History

NVEI Stock News Headlines

Company Calendar

Industry, Sector and Symbol

Price Target and Rating

Profitability

Debt

Sales & Book Value

Miscellaneous

Key Executives

Key Competitors

Institutional Ownership

NVEI Stock Analysis - Frequently Asked Questions

Overall MarketRank^™