Buy, Sell or Hold: Nuvei Corp (NVEI-T) — Stock Predictions at Stockchase

TSE:NVEI

150.81

5.47 (3.50%) 1d

Showing 1 to 15 of 15 entries

BUY

Went public last year and is up over 500%. Pretty impactful name on the TSX. Does not own it but no qualms in taking a position with a higher risk tolerance. Does payment gateway and technology that targets fast growing verticals like crypto and gaming. A global business that is out of Montreal with a large addressable market. Have made 7 acquisitions to fill tech gaps. Processes $22B across various platforms in the latest quarter. Trades at 80x earnings, so expensive. Reminds him of different segments of Shopify. A long growth story.

Technology

BUY

Billy Kawasaki’s Insights - Billy’s most-liked answers from 5i Research. Growth prospects are positive. It posted a strong quarter with net income almost tripping. Could add to a position here. Unlock Premium - Try 5i Free

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BUY

Billy Kawasaki’s Insights - Billy’s most-liked answers from 5i Research. Likes the stock. Management, sector exposure, growth, momentum and execution is all positive. Not cheap at 15x sale but it is growing as a larger tech stock in Canada. Market cap is now $15B. Highly profitable with earnings growth being very solid. Unlock Premium - Try 5i Free

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DON'T BUY

Done well since IPO, very high growth, very rich valuation. Online gambling is really growing, and he had a bit of a problem with that. He prefers Visa and MA, more grounded businesses. Wouldn't buy at these prices.

Technology

BUY

Billy Kawasaki’s Insights - Billy’s most-liked answers from 5i Research. Will have a fast growth rate for a while. It is fairly new to the market. High confidence in the company. Has more than tripled since its IPO last year. Unlock Premium - Try 5i Free

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BUY

Billy Kawasaki’s Insights - Billy’s most-liked answers from 5i Research. The company reported great numbers. EPS was 24% better at 35 cents. Sales rose to $149.9M and revenue rose 80%. EBITDA was 11% better than expected. Per share income more than tripled. Their guidance for 2021 sales were raised by 7%. Unlock Premium - Try 5i Free

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DON'T BUY

He looked at its payment. Payment processors pay at very high PEs while he prefers Visa and Mastercard in this space. NVEI's PE is too rich. Also gambling--Nuvei's growing segment--doesn't meet his ESG criteria.

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BUY

Billy Kawasaki’s Insights - Billy’s most-liked answers from 5i Research. The growth potential and its sector focus is strong. It is well-managed and it is a buy today for growth investors. Unlock Premium - Try 5i Free

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BUY

Billy Kawasaki’s Insights - Billy’s most-liked answers from 5i Research. The recent quarter results were a record. Revenue beat estimates by $15M. Total volume increased 53% and EBITDA rose 61%. Net income is now positive. Guidance was raised to $600M, which is much higher than the current $476M estimates. Unlock Premium - Try 5i Free

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BUY on WEAKNESS

Billy Kawasaki’s Insights - Billy’s most-liked answers from 5i Research. The stock has seen a pullback with the growth sell off. The stock price is starting to look attractive. Growth potential is good. Sales should rise 40% and the outlook for the sector as a whole is positive. EPS should rise more than 4x this year. Unlock Premium - Try 5i Free

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DON'T BUY

It has gone up a lot since the IPO. He feels it trades at a huge multiple. It is electronic payment processing. A lot of their business is from on-line gambling. Watch out for these high flying companies at high multiples. They can come down fast.

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HOLD

Allan Tong’s Discover Picks Up 40% since September 23, 2020. There’s little to suggest that Nuvei will buck this pattern. Don’t get me wrong—I like Nuvei’s prospects and I’m watching it. Based on its lone quarterly report so far, issued last November, revenue increased 32% YOY, and adjusted net income was $16.5 million vs. $2.2 million the year before. The company suffered a net loss $77.9 million compared to $65.7 million YOY, but this included $83.4 million in finance charges from the IPO. Furthermore, transactions from merchants rose 62% YOY (from $7.1 billion to $11.5 billion), while earnings are expected to rise 84.4% per year. Good numbers. NVEI also beat its Q3 2020 EPS by 29 cents. Read 2 Successful Past Picks: Nuvei & Medtronic for our full analysis.

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BUY

Billy Kawasaki’s Insights - Billy’s most-liked answers from 5i Research. It is positioned well to profit from the decriminalization of online sports betting. Gambling and payments are strong growth areas. Management has set up the company for global exposure. Unlock Premium - Try 5i Free

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VAGUE

They are in the secure payments business. The sector will continue to keep growing but he does not know the company well.

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BUY on WEAKNESS

Allan Tong’s Discover Picks Also fresh out of the gate is this Montreal payment-processing company, which became the biggest tech IPO in TSX history last Friday, bigger than Blackberry's or Shopify's debuts. The Nuvei Stock raised US$700 million. Originally, Nuvei planned to sell shares at US$20-22, but strong demand pushed that price to US$26. Nuvei employs 800 people and serves 50,000 customers. Read Snowflake Stock and Nuvei Stock Suddenly Among the Top Tech Stocks to Watch for our full analysis.

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Showing 1 to 15 of 15 entries

Nuvei Corp(NVEI-T) Rating

Ranking : 4 out of 5

Bullish - Buy Signals / Votes : 10

Neutral - Hold Signals / Votes : 1

Bearish - Sell Signals / Votes : 3

Total Signals / Votes : 14

Stockchase rating for Nuvei Corp is calculated according to the stock experts' signals. A high score means experts mostly recommend to buy the stock while a low score means experts mostly recommend to sell the stock.

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, 14 stock analysts published opinions about NVEI-T. 10 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 never recommended as a Top Pick on Stockchase. 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?

14 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 2021-09-24, Nuvei Corp (NVEI-T) stock closed at a price of $150.81.

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