+Compare
NVEI
Stock ticker: NASDAQ
AS OF
Loading...
Price
Loading...
Change
Loading...
Capitalization
2.88B

NVEI Nuvei Corp Forecast, Technical & Fundamental Analysis

Technical Analysis# Of IndicatorsAvg. Odds
   
   
Show details...
A.I.Advisor
a Summary for NVEI with price predictions
07:00 PM EST Dec 06, 2023

NVEI in upward trend: 10-day moving average moved above 50-day moving average on November 13, 2023

The 10-day moving average for NVEI crossed bullishly above the 50-day moving average on November 13, 2023. This indicates that the trend has shifted higher and could be considered a buy signal. In of 7 past instances when the 10-day crossed above the 50-day, the stock continued to move higher over the following month. The odds of a continued upward trend are .

Price Prediction Chart

Technical Analysis (Indicators)

Bullish Trend Analysis

The Momentum Indicator moved above the 0 level on November 07, 2023. You may want to consider a long position or call options on NVEI as a result. In of 46 past instances where the momentum indicator moved above 0, the stock continued to climb. The odds of a continued upward trend are .

The Moving Average Convergence Divergence (MACD) for NVEI just turned positive on November 02, 2023. Looking at past instances where NVEI's MACD turned positive, the stock continued to rise in of 25 cases over the following month. The odds of a continued upward trend are .

NVEI moved above its 50-day moving average on November 08, 2023 date and that indicates a change from a downward trend to an upward trend.

Following a 3-day Advance, the price is estimated to grow further. Considering data from situations where NVEI advanced for three days, in of 171 cases, the price rose further within the following month. The odds of a continued upward trend are .

The Aroon Indicator entered an Uptrend today. In of 128 cases where NVEI Aroon's Indicator entered an Uptrend, the price rose further within the following month. The odds of a continued Uptrend are .

Bearish Trend Analysis

The RSI Indicator demonstrates that the ticker has stayed in the overbought zone for 10 days. The longer the ticker stays in the overbought zone, the sooner a price pull-back is expected.

The Stochastic Oscillator demonstrated that the ticker has stayed in the overbought zone for 8 days. The longer the ticker stays in the overbought zone, the sooner a price pull-back is expected.

Following a 3-day decline, the stock is projected to fall further. Considering past instances where NVEI declined for three days, the price rose further in of 62 cases within the following month. The odds of a continued downward trend are .

NVEI broke above its upper Bollinger Band on December 04, 2023. This could be a sign that the stock is set to drop as the stock moves back below the upper band and toward the middle band. You may want to consider selling the stock or exploring put options.

Fundamental Analysis (Ratings)

Fear & Greed

The Tickeron PE Growth Rating for this company is (best 1 - 100 worst), pointing to outstanding earnings growth. The PE Growth rating is based on a comparative analysis of stock PE ratio increase over the last 12 months compared against S&P 500 index constituents.

The Tickeron Valuation Rating of (best 1 - 100 worst) indicates that the company is seriously undervalued in the industry. This rating compares market capitalization estimated by our proprietary formula with the current market capitalization. This rating is based on the following metrics, as compared to industry averages: P/B Ratio (1.429) is normal, around the industry mean (21.032). P/E Ratio (113.636) is within average values for comparable stocks, (159.368). Projected Growth (PEG Ratio) (0.375) is also within normal values, averaging (2.584). Dividend Yield (0.010) settles around the average of (0.083) among similar stocks. P/S Ratio (2.643) is also within normal values, averaging (74.518).

The Tickeron Price Growth Rating for this company is (best 1 - 100 worst), indicating steady price growth. NVEI’s price grows at a higher rate over the last 12 months as compared to S&P 500 index constituents.

The Tickeron SMR rating for this company is (best 1 - 100 worst), indicating weak sales and an unprofitable business model. SMR (Sales, Margin, Return on Equity) rating is based on comparative analysis of weighted Sales, Income Margin and Return on Equity values compared against S&P 500 index constituents. The weighted SMR value is a proprietary formula developed by Tickeron and represents an overall profitability measure for a stock.

The Tickeron Profit vs. Risk Rating rating for this company is (best 1 - 100 worst), indicating that the returns do not compensate for the risks. NVEI’s unstable profits reported over time resulted in significant Drawdowns within these last five years. A stable profit reduces stock drawdown and volatility. The average Profit vs. Risk Rating rating for the industry is 88, placing this stock worse than average.

A.I.Advisor
published Highlights

Notable companies

The most notable companies in this group are Microsoft Corp (NASDAQ:MSFT), Oracle Corp (NASDAQ:ORCL), Adobe (NASDAQ:ADBE), Salesforce (NASDAQ:CRM), Intuit (NASDAQ:INTU), SERVICENOW (NASDAQ:NOW), Uber Technologies (NASDAQ:UBER), Shopify (NASDAQ:SHOP), Palo Alto Networks (NASDAQ:PANW), NetEase (NASDAQ:NTES).

Industry description

Packaged software comprises multiple software programs bundled together and sold as a group. For example, Microsoft Office includes multiple applications such as Excel, Word, and PowerPoint. In some cases, buying a bundled product is cheaper than purchasing each item individually[s20] . Microsoft Corporation, Oracle Corp. and Adobe are some major American packaged software makers.

Market Cap

The average market capitalization across the Packaged Software Industry is 9.19B. The market cap for tickers in the group ranges from 291 to 2.84T. MSFT holds the highest valuation in this group at 2.84T. The lowest valued company is BLGI at 291.

High and low price notable news

The average weekly price growth across all stocks in the Packaged Software Industry was 2%. For the same Industry, the average monthly price growth was 4%, and the average quarterly price growth was 6%. SSNT experienced the highest price growth at 158%, while DTRK experienced the biggest fall at -80%.

Volume

The average weekly volume growth across all stocks in the Packaged Software Industry was -47%. For the same stocks of the Industry, the average monthly volume growth was -45% and the average quarterly volume growth was -44%

Fundamental Analysis Ratings

The average fundamental analysis ratings, where 1 is best and 100 is worst, are as follows

Valuation Rating: 52
P/E Growth Rating: 72
Price Growth Rating: 59
SMR Rating: 83
Profit Risk Rating: 88
Seasonality Score: 20 (-100 ... +100)
View a ticker or compare two or three
Technical Analysis# Of IndicatorsAvg. Odds
   
   
Show details...
Ad is loading...
A.I. Advisor
published Earnings

NVEI is expected to report earnings to rise 16.82% to 45 cents per share on March 06

Nuvei Corp NVEI Stock Earnings Reports
Q4'23
Est.
$0.46
Q3'23
Missed
by $0.01
Q2'23
Missed
by $0.05
Q1'23
Est.
$0.44
Q4'22
Beat
by $0.03
The last earnings report on November 07 showed earnings per share of 38 cents, missing the estimate of 40 cents. With 352.34K shares outstanding, the current market capitalization sits at 2.88B.
A.I.Advisor
published Dividends

NVEI paid dividends on December 07, 2023

Nuvei Corp NVEI Stock Dividends
А dividend of $0.10 per share was paid with a record date of December 07, 2023, and an ex-dividend date of November 17, 2023. Read more...
A.I. Advisor
published General Information

General Information

Industry PackagedSoftware

Profile
Fundamentals
Details
Industry
N/A
Address
1100 Rene-Levesque Boulevard West
Phone
+1 514 313-1190
Employees
1690
Web
https://www.nuvei.com
Interesting Tickers
1D
1W
1M
1Q
6M
1Y
5Y
1 Day
ETFs / NAMEPrice $Chg $Chg %
RIV10.830.07
+0.65%
RiverNorth Opportunities Fund
SYLD63.150.37
+0.59%
Cambria Shareholder Yield ETF
FLEU23.800.13
+0.56%
Franklin FTSE Eurozone ETF
IQHI25.91N/A
N/A
IQ MacKay ESG High Income ETF
AMND40.14-0.24
-0.60%
ETRACS Alerian Midstrm Engy Hi Div ETN

NVEI and

Correlation & Price change

A.I.dvisor indicates that over the last year, NVEI has been closely correlated with COIN. These tickers have moved in lockstep 67% of the time. This A.I.-generated data suggests there is a high statistical probability that if NVEI jumps, then COIN could also see price increases.

1D
1W
1M
1Q
6M
1Y
5Y
Ticker /
NAME
Correlation
To NVEI
1D Price
Change %
NVEI100%
-3.68%
COIN - NVEI
67%
Closely correlated
+1.16%
CLSK - NVEI
61%
Loosely correlated
+0.05%
RIOT - NVEI
60%
Loosely correlated
+0.81%
PUBM - NVEI
59%
Loosely correlated
-6.00%
RBLX - NVEI
54%
Loosely correlated
-0.23%
More

Groups containing NVEI

Correlation & Price change

1D
1W
1M
1Q
6M
1Y
5Y
Ticker /
NAME
Correlation
To NVEI
1D Price
Change %
NVEI100%
-3.68%
NVEI
(undefined stocks)
58%
Loosely correlated
-2.82%