Nuvei Corp Stock Analysis:
Analysts rate Nuvei Corp with a consensus Strong Buy and a 12-month average target price of $72.89 per share.
Based on the Nuvei Corp stock forecasts from 7 analysts, the average analyst target price for Nuvei Corp is CAD 72.89 over the next 12 months. Nuvei Corp’s average analyst rating is Strong Buy. Stock Target Advisor’s own stock analysis of Nuvei Corp is Slightly Bullish , which is based on 5 positive signals and 4 negative signals. At the last closing, Nuvei Corp’s stock price was CAD 41.28. Nuvei Corp’s stock price has changed by +9.76% over the past week, +10.05% over the past month and -74.65% over the last year.
About Nuvei Corp (NVEI:CA:TSX)
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. It provides a suite of payment solutions to support lifecycle of a transaction across mobile or in-app, online, unattended, and in-store channels. The company sells and distributes its solutions through direct sales, indirect sales for small-and-medium sized businesses, and eCommerce resellers. Nuvei Corporation was founded in 2003 and is headquartered in Montreal, Canada.
What we like:
High market capitalization
This is one of the largest entities in its sector and is among the top quartile. Such companies tend to be more stable.
Superior return on equity
The company management has delivered better return on equity in the most recent 4 quarters than its peers, placing it in the top quartile.
Superior capital utilization
The company management has delivered better return on invested capital in the most recent 4 quarters than its peers, placing it in the top quartile.
Positive cash flow
The company had positive total cash flow in the most recent four quarters.
Positive free cash flow
The company had positive total free cash flow in the most recent four quarters.
What we don’t like:
The total returns for this company are volatile and above median for its sector over the past 5 years. Make sure you have the risk tolerance for investing in such stock.
Overpriced compared to book value
The stock is trading high compared to its peers median on a price to book value basis.
Overpriced on cashflow basis
The stock is trading high compared to its peers on a price to cash flow basis. It is priced above the median for its sectors. Proceed with caution if you are considering to buy.
Overpriced on free cash flow basis
The stock is trading high compared to its peers on a price to free cash flow basis. It is priced above the median for its sectors. Proceed with caution if you are considering to buy.