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Nuvei Corp (NVEI-T)
TSE:NVEI
58.88
1.03
(1.78%) 1d
Financials
Technical Analysis
Buy, Sell or Hold?
$57.410
Owned
NVEI trades at 4X sales; 17X 2023 earnings.
It has $240M net cash (as of last report) and EPS is expected to grow about 15% this year and 20% in 2024.
Cash flow is positive ($258M in 12 months). Its current P/E is very low vs its historical averages, but it has been public less than three years.
Its last quarter was decent and it generally beats expectations (7 for 8).
It just completed a $1.3B acquisition of Paya which will use up its cash (and more) but looks good for longer term growth.
We like its risk/return potential from current levels.
In a normal market we would expect its P/E to move to the 25X range, so 'potential' stock gains are good if it executes well and the overall market co-operates.
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Neither fits his criteria. Hasn't shown ability to produce consistently high ROIC. LSPD still losing money. NVEI's PE ratio is in the 70-90 range. Neither has the proven business model he's looking for; you can lump in DND, SHOP and DCBO too. No track record. Relying on large and lumpy acquisitions, many done at nosebleed valuations. Relies on debt to fuel acquisitions.
Billy Kawasaki’s Insights - Billy’s most-liked answers from 5i Research. The company announced a collaboration with Ledger in order to enable the purchase of cryptocurrencies without external exchanges. The stock price has jumped 10%. Unlock Premium - Try 5i Free
Billy Kawasaki’s Insights - Billy’s most-liked answers from 5i Research. Has seen some good momentum in shares and profitability. The stock is trading at historically low multiples. Currently at 11x sales. The company is profitable, which makes it less risky than other tech stocks. Unlock Premium - Try 5i Free
Nuvei Corp(NVEI-T) Rating
Ranking : 3 out of 5
Bullish - Buy Signals / Votes : 2
Neutral - Hold Signals / Votes : 0
Bearish - Sell Signals / Votes : 3
Total Signals / Votes : 5
Nuvei Corp(NVEI-T) Frequently Asked Questions
What is Nuvei Corp stock symbol?
Nuvei Corp is a Canadian stock, trading under the symbol NVEI-T on the Toronto Stock Exchange (NVEI-CT). It is usually referred to as TSX:NVEI or NVEI-T
Is Nuvei Corp a buy or a sell?
In the last year, 5 stock analysts published opinions about NVEI-T. 2 analysts recommended to BUY the stock. 3 analysts recommended to SELL the stock. The latest stock analyst recommendation is . Read the latest stock experts' ratings for Nuvei Corp.
Is Nuvei Corp a good investment or a top pick?
Nuvei Corp was recommended as a Top Pick by on . Read the latest stock experts ratings for Nuvei Corp.
Why is Nuvei Corp stock dropping?
Earnings reports or recent company news can cause the stock price to drop. Read stock experts’ recommendations for help on deciding if you should buy, sell or hold the stock.
Is Nuvei Corp worth watching?
5 stock analysts on Stockchase covered Nuvei Corp In the last year. It is a trending stock that is worth watching.
What is Nuvei Corp stock price?
On 2023-03-31, Nuvei Corp (NVEI-T) stock closed at a price of $58.88.
Scorching hot, Covid-era IPO. Went up in parabolic fashion, and then down symmetrically. Regaining momentum. Global payments company in different verticals like online betting, social gaming, foreign exchange trading. Smaller business in crypto. Recent acquisition deepens exposure in less-cyclical verticals like healthcare, very accretive. Increased revenue guidance. Founder-led. Large addressable market. Despite the runup, undemanding multiple at less than 20x. No dividend.
(Analysts’ price target is $71.26)