Nextdecade Corp Stock Analysis
NEXT Stock | USD 6.20 0.09 1.47% |
Nextdecade Corp is undervalued with Real Value of 7.7 and Target Price of 8.6. The main objective of Nextdecade Corp stock analysis is to determine its intrinsic value, which is an estimate of what Nextdecade Corp is worth, separate from its market price. There are two main types of Nextdecade Corp's stock analysis: fundamental analysis and technical analysis. Fundamental analysis focuses on the financial and economic factors that affect Nextdecade Corp's performance, such as revenue growth, earnings, and financial stability. Technical analysis, on the other hand, focuses on the price and volume data of Nextdecade Corp's stock to identify patterns and trends that may indicate its future price movements.
The Nextdecade Corp stock is traded in the USA on NASDAQ Exchange, with the market opening at 09:30:00 and closing at 16:00:00 every Mon,Tue,Wed,Thu,Fri except for officially observed holidays in the USA. Nextdecade Corp is usually not traded on Thanksgiving Day, Christmas Day, New Year 's Day, Dr . Martin Luther King Jr 's Birthday, Washington 's Birthday, Good Friday, Memorial Day, Juneteenth Holiday, Independence Day, Labour Day. Nextdecade Stock trading window is adjusted to America/New York timezone. Here, you can get updates on important government artifacts, including earning estimates, SEC corporate filings, announcements, and Nextdecade Corp's ongoing operational relationships across important fundamental and technical indicators.
Nextdecade |
Nextdecade Stock Analysis Notes
About 29.0% of the company outstanding shares are owned by corporate insiders. The company recorded a loss per share of 0.94. Nextdecade Corp had not issued any dividends in recent years. NextDecade Corporation engages in the development activities related to the liquefaction and sale of liquefied natural gas and capture and storage of CO2 emissions. It also focuses on a carbon capture and storage project at the terminal, as well as on other CCS projects with third-party industrial source facilities. Nextdecade Corp operates under Oil Gas EP classification in the United States and is traded on NASDAQ Exchange. It employs 57 people. To find out more about Nextdecade Corp contact Eric Rosenfeld at 713 574 1880 or learn more at https://www.next-decade.com.Nextdecade Corp Investment Alerts
Many investors view ongoing market volatility as an opportunity to purchase more stocks at a favorable price or short it to generate a bearish trend profit opportunity. If you are one of those investors, make sure you clearly understand the position you are entering. Nextdecade Corp's investment alerts are automatically generated signals that are significant enough to either complement your investing judgment regarding Nextdecade Corp or challenge it. These alerts can help you understand what you are buying and avoid costly mistakes.
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: Mirae Asset Global Investments Co. Ltd. Acquires 916732 Shares of NextDecade Co. - Defense World |
Nextdecade Corp Upcoming and Recent Events
Earnings reports are used by Nextdecade Corp to provide an update of all three financial statements, including the income statement, the balance sheet, and the cash flow statement. Every quarterly earnings report provides investors with three things: an overview of sales, expenses, and net income for the most recent period. It also may provide a comparison to Nextdecade Corp previous reporting period. The quarterly earnings reports are usually disseminated to the public via Form 10-Q, which is a legal document filed with the Securities and Exchange Commission every quarter.
8th of March 2024 Upcoming Quarterly Report | View | |
9th of May 2024 Next Financial Report | View | |
31st of December 2023 Next Fiscal Quarter End | View | |
8th of March 2024 Next Fiscal Year End | View | |
30th of September 2023 Last Quarter Report | View | |
31st of December 2022 Last Financial Announcement | View |
Nextdecade Largest EPS Surprises
Earnings surprises can significantly impact Nextdecade Corp's stock price both in the short term and over time. Negative earnings surprises usually result in a price decline. However, it has been seen that positive earnings surprises lead to an immediate rise in a stock's price and a gradual increase over time. This is why we often hear news about some companies beating earning projections. Financial analysts spend a large amount of time predicting earnings per share (EPS) along with other important future indicators. Many analysts use forecasting models, management guidance, and additional fundamental information to derive an EPS estimate.
Reported | Fiscal Date | Estimated EPS | Reported EPS | Surprise | |||
---|---|---|---|---|---|---|---|
2022-05-12 | 2022-03-31 | -0.08 | -0.09 | -0.01 | 12 | ||
2020-11-04 | 2020-09-30 | -0.06 | -0.07 | -0.01 | 16 | ||
2020-05-18 | 2020-03-31 | -0.1 | -0.09 | 0.01 | 10 |
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 originate 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 Market Capitalization
The company currently falls under 'Mid-Cap' category with a current market capitalization of 1.57 B. Market capitalization usually refers to the total value of a company's stock within the entire market. To calculate Nextdecade Corp's market, we take the total number of its shares issued and multiply it by Nextdecade Corp's current market price. To manage market risk and economic uncertainty, many investors today build portfolios that are diversified across equities with different market capitalizations. However, as a general rule, conservative investors tend to hold large-cap stocks, and those looking for more risk prefer small-cap and mid-cap equities.Nextdecade Profitablity
Nextdecade Corp's profitability indicators refer to fundamental financial ratios that showcase Nextdecade Corp's ability to generate income relative to its revenue or operating costs. If, let's say, Nextdecade Corp is currently losing money, the management's focus should be on how to reverse that trend. However, when revenue exceeds expenses, Nextdecade Corp's executives or investors may be in less hurry to break that information down - which is where profitability analysis comes into play. Gaining a greater understanding of Nextdecade Corp's profitability requires more research than a typical breakdown of Nextdecade Corp's financial statements. By doing a profitability analysis, companies can identify areas needing attention, and investors can make a profitable trade.
Last Reported | Projected for Next Year | ||
Return On Tangible Assets | (0.05) | (0.05) | |
Return On Capital Employed | (0.04) | (0.05) | |
Return On Assets | (0.05) | (0.05) | |
Return On Equity | (0.56) | (0.54) |
Management Efficiency
Nextdecade Corp has return on total asset (ROA) of (0.0422) % which means that it has lost $0.0422 on every $100 spent on assets. This is way below average. Similarly, it shows a return on stockholder's equity (ROE) of (0.4445) %, meaning that it created substantial loss on money invested by shareholders. Nextdecade Corp's management efficiency ratios could be used to measure how well Nextdecade Corp manages its routine affairs as well as how well it operates its assets and liabilities. Return On Tangible Assets is likely to drop to -0.05 in 2024. Return On Capital Employed is likely to drop to -0.05 in 2024. At this time, Nextdecade Corp's Total Current Liabilities is comparatively stable compared to the past year. Liabilities And Stockholders Equity is likely to gain to about 3.5 B in 2024, whereas Non Current Liabilities Other is likely to drop slightly above 1.7 M in 2024.Last Reported | Projected for Next Year | ||
Book Value Per Share | 1.48 | 1.41 | |
Net Current Asset Value | 0.00 | 0.00 | |
Tangible Asset Value | 0.00 | 0.00 | |
Tangible Book Value Per Share | 3.81 | 3.61 | |
Enterprise Value Over EBITDA | (21.75) | (22.83) | |
Price Book Value Ratio | 3.22 | 2.25 | |
Enterprise Value Multiple | (21.75) | (22.83) | |
Price Fair Value | 3.22 | 2.25 | |
Enterprise Value | 201.1 M | 211.2 M |
The analysis of Nextdecade Corp's management efficiency is an essential part of evaluating and assessing the financial and operational performance of the entity. It is also vital to analyze Nextdecade Corp's future growth prospects and the overall market conditions to determine the value and potential of its stock. The analysis involves studying a range of financial metrics such as revenue, earnings, profit margins, cash flow, debt, market share, and external factors such as economic trends, industry outlook, competition, and government regulations. The goal of Nextdecade Stock analysis is to determine whether it is undervalued, fairly valued, or overvalued and to make informed investment decisions.
Beta 1.338 |
Technical Drivers
As of the 23rd of April, Nextdecade Corp secures the Downside Deviation of 2.22, mean deviation of 2.11, and Risk Adjusted Performance of 0.1144. In connection with fundamental indicators, the technical analysis model lets you check existing technical drivers of Nextdecade Corp, 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 have analyzed and interpolated nineteen technical drivers for Nextdecade Corp, which can be compared to its peers in the industry. Please verify Nextdecade Corp standard deviation, as well as the relationship between the value at risk and kurtosis to decide if Nextdecade Corp is priced some-what accurately, providing market reflects its recent price of 6.2 per share. Given that Nextdecade Corp has jensen alpha of 0.378, we recommend you to check Nextdecade Corp's last-minute market performance to make sure the company can sustain itself at a future point.Nextdecade Corp Price Movement Analysis
Incorrect Input. Please change your parameters or increase the time horizon required for running this function. The output start index for this execution was zero with a total number of output elements of zero. The Bollinger Bands is very popular indicator that was developed by John Bollinger. It consist of three lines. Nextdecade Corp middle band is a simple moving average of its typical price. The upper and lower bands are (N) standard deviations above and below the middle band. The bands widen and narrow when the volatility of the price is higher or lower, respectively. The upper and lower bands can also be interpreted as price targets for Nextdecade Corp. When the price bounces off of the lower band and crosses the middle band, then the upper band becomes the price target.
Nextdecade Corp Insider Trading Activities
Some recent studies suggest that insider trading raises the cost of capital for securities issuers and decreases overall economic growth. Trading by specific Nextdecade Corp insiders, such as employees or executives, is commonly permitted as long as it does not rely on Nextdecade Corp's material information that is not in the public domain. Local jurisdictions usually require such trading to be reported in order to monitor insider transactions. In many U.S. states, trading conducted by corporate officers, key employees, directors, or significant shareholders must be reported to the regulator or publicly disclosed, usually within a few business days of the trade. In these cases Nextdecade Corp insiders are required to file a Form 4 with the U.S. Securities and Exchange Commission (SEC) when buying or selling shares of their own companies.
Matthew Schatzman over two weeks ago Acquisition by Matthew Schatzman of 703125 shares of Nextdecade Corp subject to Rule 16b-3 | ||
Brent Wahl over three weeks ago Acquisition by Brent Wahl of 92669 shares of Nextdecade Corp subject to Rule 16b-3 | ||
Bardin Hill Investment Partners Lp over a month ago Disposition of 2980273 shares by Bardin Hill Investment Partners Lp of Nextdecade Corp subject to Rule 16b-3 | ||
Wells Louis Spencer over two months ago Acquisition by Wells Louis Spencer of 24557 shares of Nextdecade Corp subject to Rule 16b-3 | ||
Wyatt Tim over two months ago Nextdecade Corp exotic insider transaction detected | ||
York Capital Management Global Advisors Llc over six months ago Acquisition or disposition of Nextdecade Corp securities by York Capital Management Global Advisors Llc | ||
Brent Wahl over six months ago Payment of 17318 shares by Brent Wahl of Nextdecade Corp subject to Rule 16b-3 | ||
Brent Wahl over six months ago Payment of 11164 shares by Brent Wahl of Nextdecade Corp subject to Rule 16b-3 |
Nextdecade Corp Predictive Daily Indicators
Nextdecade Corp intraday indicators are useful technical analysis tools used by many experienced traders. Just like the conventional technical analysis, daily indicators help intraday investors to analyze the price movement with the timing of Nextdecade Corp stock daily movement. By combining multiple daily indicators into a single trading strategy, you can limit your risk while still earning strong returns on your managed positions.
Accumulation Distribution | 31288.86 | |||
Daily Balance Of Power | 0.36 | |||
Rate Of Daily Change | 1.01 | |||
Day Median Price | 6.14 | |||
Day Typical Price | 6.16 | |||
Price Action Indicator | 0.11 | |||
Period Momentum Indicator | 0.09 |
Nextdecade Corp Corporate Filings
F4 | 26th of March 2024 The report filed by a party regarding the acquisition or disposition of a company's common stock, as well as derivative securities such as options, warrants, and convertible securities | ViewVerify |
8K | 25th of March 2024 Report filed with the SEC to announce major events that shareholders should know about | ViewVerify |
8K | 20th of March 2024 Report filed with the SEC to announce major events that shareholders should know about | ViewVerify |
10K | 11th of March 2024 Annual report required by the U.S. Securities and Exchange Commission (SEC) of a company financial performance | ViewVerify |
8K | 12th of February 2024 Report filed with the SEC to announce major events that shareholders should know about | ViewVerify |
F4 | 5th of February 2024 The report filed by a party regarding the acquisition or disposition of a company's common stock, as well as derivative securities such as options, warrants, and convertible securities | ViewVerify |
F4 | 2nd of February 2024 The report filed by a party regarding the acquisition or disposition of a company's common stock, as well as derivative securities such as options, warrants, and convertible securities | ViewVerify |
F3 | 1st of February 2024 The report used by insiders such as officers, directors, and major shareholders (beneficial owners holding more than 10% of any class of the company's equity securities) to declare their ownership of a company's stock | ViewVerify |
Nextdecade Corp Forecast Models
Nextdecade Corp's time-series forecasting models are one of many Nextdecade Corp's stock analysis techniques aimed at predicting future share value based on previously observed values. Time-series forecasting models ae widely used for non-stationary data. Non-stationary data are called the data whose statistical properties e.g. the mean and standard deviation are not constant over time but instead, these metrics vary over time. These non-stationary Nextdecade Corp's historical data is usually called time-series. Some empirical experimentation suggests that the statistical forecasting models outperform the models based exclusively on fundamental analysis to predict the direction of the market movement and maximize returns from investment trading.About Nextdecade Stock Analysis
Stock analysis is the technique used by a trader or investor to examine and evaluate how Nextdecade Corp prices is reacting to, or reflecting on a current market direction and economic conditions. It can be used to make informed decisions about market timing, and when buying or selling Nextdecade shares will generate the highest return on investment. We also built our stock analysis module to help investors to gain an insight into the world economy as a whole, the stock market, thematic ideas. a specific sector, or an individual Stock such as Nextdecade Corp. By using and applying Nextdecade Stock analysis, traders can create a robust methodology for identifying Nextdecade entry and exit points for their positions.
Last Reported | Projected for Next Year | ||
Pretax Profit Margin | 0.00 | 0.00 | |
Operating Profit Margin | 0.00 | 0.00 | |
Net Profit Margin | 0.00 | 0.00 | |
Gross Profit Margin | 0.00 | 0.00 |
Current Nextdecade Analysis - Recommendations
We track the performance of the top 100 financial experts across various large and mid-size financial boutiques. Nextdecade analyst recommendations are determined by taking all analyst recommendations and averaging them as Strong Buy, Buy, Hold, Strong Sell or Sell. There is no one specific way to measure analysis performance other than comparing it to the past results via a very sophisticated attribution analysis. Nextdecade analyst consensus and target price projections should be used in combination with other traditional techniques such as stock price forecasting, technical analysis, earnings estimate, and various momentum models.
Target Price | Advice | # of Analysts | |
8.6 | Strong Buy | 4 | Odds |
Most Nextdecade analysts issue ratings four times a year, at intervals of three months. Ratings are usually accompanied by a target price to helps potential investors understand Nextdecade stock's fair price compared to its market value. Analysts arrive at stock ratings after researching public financial statements of Nextdecade Corp, talking to its executives and customers, or listening to Nextdecade conference calls.
Nextdecade Stock Analysis Indicators
Nextdecade Corp stock analysis indicators help investors evaluate how Nextdecade Corp stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing and determine when trading Nextdecade Corp shares will generate the highest return on investment. By understating and applying Nextdecade Corp stock analysis, traders can identify Nextdecade Corp position entry and exit signals to maximize returns.
Begin Period Cash Flow | 62.8 M | |
Long Term Debt | 1.8 B | |
Common Stock Shares Outstanding | 194.6 M | |
Total Stockholder Equity | 287.9 M | |
Property Plant And Equipment Net | 2.6 B | |
Cash And Short Term Investments | 294.5 M | |
Cash | 294.5 M | |
Accounts Payable | 243.1 M | |
Net Debt | 1.7 B | |
50 Day M A | 5.3924 | |
Total Current Liabilities | 552.4 M | |
Other Operating Expenses | 122.7 M | |
Non Current Assets Total | 3 B | |
Non Currrent Assets Other | 393.2 M | |
Stock Based Compensation | 26.6 M |
Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Nextdecade Corp. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in interest. For more information on how to buy Nextdecade Stock please use our How to Invest in Nextdecade Corp guide.You can also try the Theme Ratings module to determine theme ratings based on digital equity recommendations. Macroaxis theme ratings are based on combination of fundamental analysis and risk-adjusted market performance.
Complementary Tools for Nextdecade Stock analysis
When running Nextdecade Corp's price analysis, check to measure Nextdecade Corp's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Nextdecade Corp is operating at the current time. Most of Nextdecade Corp's value examination focuses on studying past and present price action to predict the probability of Nextdecade Corp's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Nextdecade Corp's price. Additionally, you may evaluate how the addition of Nextdecade Corp to your portfolios can decrease your overall portfolio volatility.
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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.