Nextdecade Corp Stock Buy Hold or Sell Recommendation
| NEXT Stock | USD 6.22 0.01 0.16% |
Given the investment horizon of 90 days and your above-average risk tolerance, our recommendation regarding Nextdecade Corp is 'Strong Buy'. Macroaxis provides Nextdecade Corp buy-hold-or-sell recommendation only in the context of selected investment horizon and investor attitude towards risk assumed by holding NEXT positions. The advice algorithm takes into account all of Nextdecade Corp's available fundamental, technical, and predictive indicators you will find on this site. Key drivers impacting Nextdecade Corp's buy or sell advice are summarized below:
Real Value 7.73 | Target Price 8.6 | Hype Value 6.24 | Market Value 6.22 |
A buy or sell recommendation provided by Macroaxis is an automated directive regarding whether to purchase or sell Nextdecade Corp given historical horizon and risk tolerance towards Nextdecade Corp. When Macroaxis issues a 'buy' or 'sell' recommendation for Nextdecade Corp, the advice is generated through an automated system that utilizes algorithms and statistical models.
Nextdecade |
Execute Nextdecade Corp Buy or Sell Advice
The Nextdecade recommendation should be used to complement the buy-or-sell advice compiled from the current analysts' consensus on Nextdecade Corp. Macroaxis does not own or have any residual interests in Nextdecade Corp or other equities on which the buy-or-sell advice is provided. Please provide your input below to execute Nextdecade Corp's advice using the current market data and latest reported fundamentals.
Time Horizon
Risk Tolerance
 |  |
Strong Buy
Market Performance | Good | Details | |
Volatility | Somewhat reliable | Details | |
Hype Condition | Under hyped | Details | |
Current Valuation | Undervalued | Details | |
Odds Of Distress | Below Average | Details | |
Economic Sensitivity | Responds to the market | Details | |
Investor Sentiment | Alarmed | Details | |
Analyst Consensus | Strong Buy | Details | |
Financial Strenth (F Score) | Frail | Details | |
Financial Leverage | Inapplicable | Details | |
Reporting Quality (M-Score) | Unlikely Manipulator | Details |
Nextdecade Corp Trading Alerts and Improvement Suggestions
| Net Loss for the year was (162.26 M) with loss before overhead, payroll, taxes, and interest of (1.61 M). | |
| Nextdecade Corp currently holds about 40.5 M in cash with (73.62 M) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 0.31. | |
| Nextdecade Corp has a frail financial position based on the latest SEC disclosures | |
| Roughly 65.0% of the company shares are owned by institutional investors | |
| Latest headline from news.google.com: NextDecade Trading 5 percent Higher - MarketBeat |
Nextdecade Corp Returns Distribution Density
The distribution of Nextdecade Corp's historical returns is an attempt to chart the uncertainty of Nextdecade Corp's future price movements. The chart of the probability distribution of Nextdecade Corp daily returns describes the distribution of returns around its average expected value. We use Nextdecade Corp price's Value At Risk and its Upside Potential as a relative measure of the distribution. The graph of the distribution of Nextdecade Corp returns is essential to provide solid investment advice for Nextdecade Corp.
| Mean Return | 0.58 | Value At Risk | -3.13 | Potential Upside | 6.79 | Standard Deviation | 2.89 |
Return Density |
| Distribution |
Investment risk management requires an estimate of the probability of extreme price changes. Therefore, the correct representation of the distribution of Nextdecade Corp historical returns presented in an easy-to-digest graphical form helps investors and money managers understand the risk-reward trade-off of different investement strategies.
Nextdecade Stock Institutional Investors
Have you ever been surprised when a price of an equity instrument such as Nextdecade Corp is soaring high without any particular reason? This is usually happening because many institutional investors are aggressively trading Nextdecade Corp backward and forwards among themselves. Nextdecade Corp's institutional investor refers to the entity that pools money to purchase Nextdecade Corp's securities or originates loans. Institutional investors include commercial and private banks, credit unions, insurance companies, pension funds, hedge funds, endowments, and mutual funds. Operating companies that invest excess capital in these types of assets may also be included in the term and may influence corporate governance by exercising voting rights in their investments.
| Shares | Goldman Sachs Group Inc | 2023-12-31 | 2.8 M | Catalyst Capital Advisors Llc | 2023-12-31 | 2.7 M | Bank Of America Corp | 2023-12-31 | 2.6 M | Ubs Group Ag | 2023-12-31 | 1.8 M | Geode Capital Management, Llc | 2023-12-31 | 1.7 M | Covalis Capital Llp | 2023-12-31 | 1.7 M | State Street Corporation | 2023-12-31 | 1.4 M | Citadel Advisors Llc | 2023-09-30 | 968.8 K | Sir Capital Management, L.p. | 2023-12-31 | 955.8 K | Jgd Management Corp | 2023-12-31 | 60.1 M | Blackrock Inc | 2023-12-31 | 16.7 M |
Nextdecade Corp Cash Flow Accounts
| 2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
| Investments | 10.5M | 61.8M | (18.5M) | (40.9M) | (1.8B) | (1.7B) | |
| Change In Cash | 12.6M | 6.9M | 2.9M | 37.2M | 231.7M | 243.3M | |
| Depreciation | 1.2M | 1.4M | 735K | 918K | 3.1M | 3.3M | |
| Dividends Paid | 42K | 50K | 67K | 75K | (53K) | (50.4K) | |
| Capital Expenditures | 20.3M | 32.4M | 12.1M | 33.8M | 1.8B | 1.8B | |
| Net Income | (35.9M) | (14.3M) | (22.0M) | (60.1M) | (162.3M) | (154.1M) | |
| End Period Cash Flow | 15.7M | 22.6M | 25.6M | 62.8M | 294.5M | 309.2M | |
| Change To Netincome | (9.9M) | (7.8M) | (4.3M) | 7.5M | 6.7M | 7.1M | |
| Free Cash Flow | (61.0M) | (58.6M) | (30.1M) | (73.8M) | (1.8B) | (1.7B) | |
| Other Non Cash Items | 127K | 1.4M | 1.4M | 6.1M | 67.1M | 70.5M |
Nextdecade Corp Greeks
Most traded equities are subject to two types of risk - systematic (i.e., market) and unsystematic (i.e., nonmarket or company-specific) risk. Unsystematic risk is the risk that events specific to Nextdecade Corp or Oil, Gas & Consumable Fuels sector will adversely affect the stock's price. This type of risk can be diversified away by owning several different stocks in different industries whose stock prices have shown a small correlation to each other. On the other hand, systematic risk is the risk that Nextdecade Corp's price will be affected by overall stock market movements and cannot be diversified away. So, no matter how many positions you have, you cannot eliminate market risk. However, you can measure a Nextdecade stock's historical response to market movements and buy it if you are comfortable with its volatility direction. Beta and standard deviation are two commonly used measures to help you make the right decision.
α | Alpha over NYSE Composite | 0.51 | |
β | Beta against NYSE Composite | 1.28 | |
σ | Overall volatility | 2.82 | |
Ir | Information ratio | 0.18 |
Nextdecade Corp Volatility Alert
Nextdecade Corp currently demonstrates below-average downside deviation. It has Information Ratio of 0.18 and Jensen Alpha of 0.51. Understanding different market volatility trends often help investors to time the market. Properly using volatility indicators enable traders to measure Nextdecade Corp's stock risk against market volatility during both bullish and bearish trends. The higher level of volatility that comes with bear markets can directly impact Nextdecade Corp's stock price while adding stress to investors as they watch their shares' value plummet. This usually forces investors to rebalance their portfolios by buying different financial instruments as prices fall.Nextdecade Corp Fundamentals Vs Peers
Comparing Nextdecade Corp's fundamentals to the average values of its peers is one of the most widely used and accepted methods of equity analyses. It helps to analyze Nextdecade Corp's direct or indirect competition across all of the common fundamentals between Nextdecade Corp and the related equities. This way, we can detect undervalued stocks with similar characteristics as Nextdecade Corp or determine the stocks which would be an excellent addition to an existing portfolio. Peer analysis of Nextdecade Corp's fundamental indicators could also be used in its relative valuation, which is a method of valuing Nextdecade Corp by comparing valuation metrics with those of similar companies.
| Better Than Average | Worse Than Average | Compare Nextdecade Corp to competition |
| Fundamentals | Nextdecade Corp | Peer Average |
| Return On Equity | -0.44 | -0.31 |
| Return On Asset | -0.0422 | -0.14 |
| Current Valuation | 3.98 B | 16.62 B |
| Shares Outstanding | 256.71 M | 571.82 M |
| Shares Owned By Insiders | 28.70 % | 10.09 % |
| Shares Owned By Institutions | 64.99 % | 39.21 % |
| Number Of Shares Shorted | 11.18 M | 4.71 M |
| Price To Earning | (1.71) X | 28.72 X |
| Price To Book | 5.55 X | 9.51 X |
| Gross Profit | (1.61 M) | 27.38 B |
| EBITDA | (119.52 M) | 3.9 B |
| Net Income | (162.26 M) | 570.98 M |
| Cash And Equivalents | 40.5 M | 2.7 B |
| Cash Per Share | 0.31 X | 5.01 X |
| Total Debt | 1.97 B | 5.32 B |
| Debt To Equity | 0.01 % | 48.70 % |
| Current Ratio | 5.24 X | 2.16 X |
| Book Value Per Share | 1.12 X | 1.93 K |
| Cash Flow From Operations | (73.62 M) | 971.22 M |
| Short Ratio | 8.09 X | 4.00 X |
| Earnings Per Share | (0.94) X | 3.12 X |
| Target Price | 8.6 | |
| Number Of Employees | 147 | 18.84 K |
| Beta | 1.34 | -0.15 |
| Market Capitalization | 1.58 B | 19.03 B |
| Total Asset | 3.32 B | 29.47 B |
| Retained Earnings | (391.77 M) | 9.33 B |
| Working Capital | (237.86 M) | 1.48 B |
| Current Asset | 124.23 M | 9.34 B |
| Current Liabilities | 13 M | 7.9 B |
| Net Asset | 3.32 B |
Note: Acquisition by Matthew Schatzman of 703125 shares of Nextdecade Corp subject to Rule 16b-3 [view details]
Nextdecade Corp Market Momentum
Traders often use several daily momentume indicators to supplement a more traditional technical analysis when analyzing securities such as Nextdecade . With many different options, investors must choose the best indicators for them and familiarize themselves with how they work. We suggest combining traditional momentum indicators with more near-term forms of technical analysis such as Accumulation Distribution or Daily Balance Of Power. With their quantitative nature, daily value technical indicators can also be incorporated into your automated trading systems.
About Nextdecade Corp Buy or Sell Advice
When is the right time to buy or sell Nextdecade Corp? Buying financial instruments such as Nextdecade Stock isn't very hard. However, what challenging for most investors is doing it at the right time to beat the market. Proper market timing is something most people cannot do without sophisticated tools, which help to isolate the right opportunities. Macroaxis provides hands-on modules to deliver winning trades and diversify your portfolios on a daily basis. Most of our advising modules are very easy to use and apply.
Please read more on our stock advisor page.| 2021 | 2022 | 2023 | 2024 (projected) | Short and Long Term Debt Total | 596K | 1.6M | 2.0B | 2.1B | Total Assets | 222.1M | 312.4M | 3.3B | 3.5B |
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In addition to having Nextdecade Corp in your portfolios, you can quickly add positions using our predefined set of ideas and optimize them against your very unique investing style. A single investing idea is a collection of funds, stocks, ETFs, or cryptocurrencies that are programmatically selected from a pull of investment themes. After you determine your investment opportunity, you can then find an optimal portfolio that will maximize potential returns on the chosen idea or minimize its exposure to market volatility.Did You Try This Idea?
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Check out Nextdecade Corp Analyst Recommendation to compare Macroaxis Buy or Sell Recommendation with the current analyst consensus. To check ratings for multiple equity instruments, please use the Instant Ratings tool. For more information on how to buy Nextdecade Stock please use our How to Invest in Nextdecade Corp guide.You can also try the Competition Analyzer module to analyze and compare many basic indicators for a group of related or unrelated entities.
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Is Nextdecade Corp's industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Nextdecade Corp. If investors know Nextdecade will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Nextdecade Corp listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share (0.94) | Return On Assets (0.04) | Return On Equity (0.44) |
The market value of Nextdecade Corp is measured differently than its book value, which is the value of Nextdecade that is recorded on the company's balance sheet. Investors also form their own opinion of Nextdecade Corp's value that differs from its market value or its book value, called intrinsic value, which is Nextdecade Corp's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Nextdecade Corp's market value can be influenced by many factors that don't directly affect Nextdecade Corp's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Nextdecade Corp's value and its price as these two are different measures arrived at by different means. Investors typically determine if Nextdecade Corp is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Nextdecade Corp's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.