NextDecade Story

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NEXT -- USA Stock  

USD 2.45  0.15  5.77%

NextDecade Cash and Equivalents is comparatively stable at the moment as compared to the past year. NextDecade reported Cash and Equivalents of 15.74 Million in 2019. Current Liabilities is likely to gain to about 23.2 M in 2020, whereas Earnings before Tax are likely to drop (38.7 M) in 2020. Today's short post will review NextDecade as your potential position. We will break down the question of why private investors should continue to be confident in NextDecade outlook.
Published over three months ago
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Our newest forecast of NextDecade (NASDAQ:NEXT)
NextDecade is OVERVALUED at 2.77 per share with modest projections ahead. Over 84.0% of NextDecade shares are owned by institutional investors. Institutional ownership of NextDecade refers to the amount of NextDecade equity owned by mutual funds, pension funds, insurance companies, investment firms, foundations, or other large entities that manage money on behalf of others. Check out our latest analysis of NextDecade, including its current ownership diagnostics.
There are currently many different techniques concerning forecasting the market as a whole as well as predicting future values of individual securities such as NextDecade. Regardless of method or technology, to accurately forecast the stock market is more a matter of luck rather than a particular technique. Nevertheless, trying to predict the stock market accurately is still an essential part of the overall investment decision process. Using different forecasting techniques and comparing the results might improve your chances of accuracy even though unexpected events may often change the market sentiment and impact your forecasting results.

Predictive Modules for NextDecade

Sophisticated investors, who have witnessed many market ups and downs, frequently view the market will even out over time. This tendency of NextDecade's stock price to converge to an average value over time is called mean reversion. However, historically, high market prices usually discourage investors that believe in mean reversion to invest, while low prices are viewed as an opportunity to buy. Please use the tools below to analyze the current value of NextDecade in the context of predictive analytics.
Please note, it is not enough to conduct a financial or market analysis of a single entity such as NextDecade. Your research has to be compared to or analyzed against NextDecade's peers to derive any actionable benefits. When done correctly, NextDecade's competitive analysis will give you plenty of quantitative and qualitative data to validate your investment decisions or develop an entirely new strategy towards taking a position in NextDecade.

How important is NextDecade's Liquidity

NextDecade financial leverage refers to using borrowed capital as a funding source to finance NextDecade ongoing operations. It is usually used to expand the firm's asset base and generate returns on borrowed capital. NextDecade financial leverage is typically calculated by taking the company's all interest-bearing debt and dividing it by total capital. So the higher the debt-to-capital ratio (i.e., financial leverage), the riskier the company. Please check the breakdown between NextDecade's total debt and its cash.

How NextDecade utilizes its cash?

To perform a cash flow analysis of NextDecade, investors first need to understand how to read the cash flow statement. A cash flow statement shows the amount of cash NextDecade is receiving and how much cash it distributes out in a given period. The NextDecade cash flow statement breaks down these inflows and outflows into different buckets, including operating activities, investing activities, and financing activities. NextDecade Net Cash Flow from Operations is comparatively stable at the moment as compared to the past year. NextDecade reported Net Cash Flow from Operations of (36.63 Million) in 2020

Is NextDecade valued wisely by the market?

The newest price gain of NextDecade may encourage private investors to take a closer look at the firm as it is trading at a share price of 2.97 on slow start in trading volume. The company executives may have good odds in positioning the firm resources to exploit market volatility in October. The stock standard deviation of daily returns for 30 days investing horizon is currently 12.26. The very high volatility is mostly attributed to the latest market swings and not very good earnings reports from some of the NextDecade partners.

Margin Breakdown

Profit Margin
EBITDA Margin0.13
Gross Margin0.47
Profit Margin0.0952

Another 3 percent gain for NextDecade

The coefficient of variation is down to 2902.13 as of today. As of the 14th of September 2020, NextDecade secures the Risk Adjusted Performance of 0.0472, downside deviation of 5.24, and Mean Deviation of 4.91. In connection with fundamental indicators, the technical analysis model lets you check existing technical drivers of NextDecade, as well as the relationship between them. Strictly speaking, you can use this information to find out if the firm will indeed mirror its model of past prices, or the prices will eventually revert. We were able to break down nineteen technical drivers for NextDecade, which can be compared to its peers in the industry. Please verify NextDecade standard deviation, as well as the relationship between the value at risk and kurtosis to decide if NextDecade is priced some-what accurately, providing market reflects its recent price of 2.97 per share. Please also check out NextDecade total risk alpha, which is currently at (0.55) to check the company can sustain itself at a future point.

The Current Takeaway on NextDecade Investment

Whereas other entities under the oil & gas e&p industry are still a bit expensive, NextDecade may offer a potential longer-term growth to private investors. To conclude, as of the 14th of September 2020, we believe that NextDecade is currently overvalued with below average odds of financial turmoil in the next two years. Our actual 30 days buy-or-sell advice on the firm is Strong Sell.

About Contributor

This story should be regarded as informational only and should not be considered a solicitation to sell or buy any financial products. Macroaxis does not express any opinion as to the present or future value of any investments referred to in this post. This post may not be reproduced without the consent of Macroaxis LLC. Macroaxis LLC and Achuva Shats do not own shares of NextDecade. Please refer to our Terms of Use for any information regarding our disclosure principles.

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