It has been about a month since the last earnings report for Nevro (NVRO). Shares have added about 0.9% in that time frame, outperforming the S&P 500.

Will the recent positive trend continue leading up to its next earnings release, or is Nevro due for a pullback? Before we dive into how investors and analysts have reacted as of late, let's take a quick look at its most recent earnings report in order to get a better handle on the important drivers.

How Have Estimates Been Moving Since Then?

It turns out, estimates revision have trended upward during the past month.

VGM Scores

Currently, Nevro has a nice Growth Score of B, though it is lagging a lot on the Momentum Score front with an F. However, the stock was allocated a grade of C on the value side, putting it in the middle 20% for this investment strategy.

Overall, the stock has an aggregate VGM Score of C. If you aren't focused on one strategy, this score is the one you should be interested in.

Outlook

Estimates have been trending upward for the stock, and the magnitude of this revision indicates a downward shift. Notably, Nevro has a Zacks Rank #3 (Hold). We expect an in-line return from the stock in the next few months.

Performance of an Industry Player

Nevro belongs to the Zacks Medical - Instruments industry. Another stock from the same industry, Fresenius (FMS), has gained 4.3% over the past month. More than a month has passed since the company reported results for the quarter ended December 2024.

Fresenius reported revenues of $5.42 billion in the last reported quarter, representing a year-over-year change of +1%. EPS of $0.48 for the same period compares with $0.47 a year ago.

Fresenius is expected to post earnings of $0.45 per share for the current quarter, representing a year-over-year change of +25%. Over the last 30 days, the Zacks Consensus Estimate has changed +3.5%.

The overall direction and magnitude of estimate revisions translate into a Zacks Rank #1 (Strong Buy) for Fresenius. Also, the stock has a VGM Score of B.

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Nevro Corp. (NVRO):Free Stock Analysis Report

Fresenius Medical Care AG & Co. KGaA (FMS):Free Stock Analysis Report

This article originally published on Zacks Investment Research (zacks.com).

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