How to Buy Nuvei Stock
Nuvei Corp
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.
Nuvei stock last closed at $30.91, up 1.88% from the previous day, and has decreased 39.11% in one year. It has underperformed other stocks in the Software - Infrastructure industry by 0.42 percentage points. Nuvei stock is currently +30.36% from its 52-week low of $23.71, and -39.39% from its 52-week high of $51.00.
As of Jun 6, 2023, there are 138.63M shares of NVEI outstanding. The market capitalization of NVEI is $4.28B. In the past 24 hours, 446,766 NVEI shares were traded.
How to Buy Nuvei Stock
Not sure how to invest in Nuvei stock? Here's how.
- Choose where to buy Nuvei stock: You need to choose a stock brokerage, but don't worry - we've sifted through dozens of online stock brokerages and apps to help you choose where to buy Nuvei stock.
- Sign up for a brokerage account: Sign up for 0% commission trading with the highest-rated brokerage we've found.
- Fund your investment account: Choose your payment method and add your details.
- Evaluate Nuvei stock: The Nuvei ticker symbol is NVEI. Is Nuvei stock a good investment? Should you buy shares of NVEI? How do NVEI's underlying business fundamentals look? Do top analysts think Nuvei is a good buy? Why has NVEI's stock price moved recently? (Hint: Our stock research tools can help you understand if NVEI is a good stock to buy).
- Make your NVEI trade: Decide if you will purchase NVEI shares at the current market price or use a limit order to purchase NVEI stock at a given price.
- Keep tabs on your NVEI position: Create a watchlist to track your investment in Nuvei stock.
Step 1: Choose where to buy Nuvei stock
You need an online brokerage account in order to access the NASDAQ market and buy NVEI shares.
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Open eToro AccountStep 2: Sign up for a brokerage account
Now that you've picked your brokerage, it's time to fill out some personal info so you are able to buy NVEI stock today.
How to Set Up a New Account on eToro
- Click here to get started.
- Enter your personal data to open a new trading account.
- Submit your info by hitting the "Create Account" button.
Step 3: Fund your investment account
Now that you've finished signing up on apps for stocks, your next step is to transfer the money for your investment:
Watch the walkthrough below to see the process of depositing money into your new investment account.
Step 4: Evaluate Nuvei stock
After you have chosen the best place to buy Nuvei stock, it's crucial to evaluate their stock prior to buying, so you truly understand the risk and upside.
Nuvei shares data
Nuvei Due Diligence Checks
WallStreetZen was built to help part-time investors perform more accurate fundamental analysis quickly.
You can see all of the due diligence checks on NVEI's stock page.
Is NVEI stock undervalued or overvalued?
Investors use many financial metrics, analyses, models, and charts to gauge NVEI's true value.
Using relative valuations ratios:
- NVEI may be overvalued based on its P/E ratio of 99.71x, relative to Software - Infrastructure industry P/E ratio of 30.68x
- NVEI could be undervalued based on its P/B ratio of 2.19x, relative to Software - Infrastructure industry P/B ratio of 11.98x
- NVEI may be undervalued based on its PEG ratio of 0.29x
You can access more valuation analysis on NVEI's stock here.
A quick look at NVEI Financials
Passed Financial Due Diligence Checks:
- There are more short-term assets than short-term liabilities on the NVEI balance sheet.
Failed Financial Due Diligence Checks:
- NVEI's operating cash flow of $258.71M allows it to safely service it's debt of $1.33B.
- NVEI has a relatively high debt to equity ratio of 1.32.
- NVEI profit margin has gone down from 10% to 5% in the past year.
- There are more long-term liabilities than short-term assets on the NVEI balance sheet.
- NVEI earnings of $96.70M is not sufficient to cover its interest payments.
Is it a good time to buy NVEI stock, according to Wall Street analysts?
Out of 9 sell side analysts who give forecasts on NVEI, the consensus analyst rating on NVEI is a Strong Buy
It's important to keep in mind that analyst ratings are not stock recommendations, nor are they investment advice.
Most Recent NVEI Analyst Upgrades/Downgrades
Paul Treiber, a bottom 18% analyst from RBC Capital maintains NVEI with a buy rating and lowers their NVEI price target from $50.00 to $42.00, on May 31, 2023.
Tien-tsin Huang, a top 33% analyst from JP Morgan maintains NVEI with a strong buy rating and lowers their NVEI price target from $49.00 to $47.00, on May 16, 2023.
Timothy Chiodo, a top 23% analyst from Credit Suisse maintains NVEI with a buy rating and lowers their NVEI price target from $45.00 to $42.00, on May 11, 2023.
John Davis, a bottom 1% analyst from Raymond James maintains NVEI with a buy rating and lowers their NVEI price target from $49.00 to $47.00, on May 11, 2023.
Joseph Vafi, a top 23% analyst from Canaccord Genuity reiterates NVEI with a strong buy rating and maintains their NVEI price target from $70.00 to $70.00, on May 11, 2023.
You can dig deeper into what analysts are projecting on the Nuvei stock forecast page.
NVEI Trading Indicators
NVEI Performance Metrics
Last year, NVEI earnings were $43.95M. During the past 1 years, NVEI's earnings have increased by -44.64% per year. This was slower than the Software - Infrastructure industry average of 29.75%.
Last year, NVEI revenue was $885.28M. During the past one years, NVEI's revenue has gone up by 12.26% per year. This was slower than the Software - Infrastructure industry average of 17.85%.
Learn more about NVEI's earnings and revenue performance here.
Are NVEI insiders buying or selling the stock?
Over the last year, executives and large shareholders at NVEI have not bought or sold any shares.
Get more info about who owns NVEI shares here.
Does NVEI stock generate passive income?
No, Nuvei doesn't provide an income stream by paying out dividends.
Get analysis from other investors
One of the major reasons eToro is our highest-rated brokerage is because of its social trading community.
Click below to find out what other community members have to say.
Step 5: Make your NVEI trade
There are two primary types of orders:
- Market order: A market order is an order to buy or sell a security at the best available price.
Market orders are generally the best for newer investors. - Limit order: A limit order enables you to buy or sell a stock at a specific price (or better).
If you want to be sure you're buying or selling at an exact dollar amount limit, use a limit order.
Press the Open Trade button and your broker will execute the order.
If you want additional info about investing in stocks on eToro, watch the helpful video below:
Step 6: Keep tabs on your NVEI position
Now that you own some shares in NVEI, you'll want to keep up with your new investment.
Make a watchlist to track the most important metrics related to your NVEI stock.
NVEI Feed
How to Buy Stock in Nuvei
To reiterate, here are the 6 steps for buying Nuvei stock:
- Choose where to buy Nuvei stock
- Sign up for a brokerage account
- Fund your investment account
- Evaluate Nuvei stock
- Make your NVEI trade
- Keep tabs on your NVEI position
If you are looking for a place to buy stocks, eToro is our recommended option.
Get Started with eToro TodayIf you want to get the latest scoop on your new investment in Nuvei, click the button below.
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