Nexgen Energy Stock Analysis

NXE Stock  USD 6.62  0.06  0.91%   
NexGen Energy is overvalued with Real Value of 5.83 and Target Price of 5.31. The main objective of NexGen Energy stock analysis is to determine its intrinsic value, which is an estimate of what NexGen Energy is worth, separate from its market price. There are two main types of NexGen Energy's stock analysis: fundamental analysis and technical analysis.
The NexGen Energy stock is traded in the USA on New York Stock 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. Here, you can get updates on important government artifacts, including earning estimates, SEC corporate filings, announcements, and NexGen Energy's ongoing operational relationships across important fundamental and technical indicators.
  
Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in NexGen Energy. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in interest.
For information on how to trade NexGen Stock refer to our How to Trade NexGen Stock guide.

NexGen Stock Analysis Notes

About 51.0% of the company shares are owned by institutional investors. The company last dividend was issued on the March 13, 2013. NexGen Energy Ltd., an exploration and development stage company, engages in the acquisition, exploration, and evaluation and development of uranium properties in Canada. Its principal asset is the Rook I project comprising 32 contiguous mineral claims totaling an area of 35,065 hectares located in the southwestern Athabasca Basin of Saskatchewan. Nexgen Energy operates under Uranium classification in the United States and is traded on New York Stock Exchange. It employs 43 people. To find out more about NexGen Energy contact Leigh Curyer at 604-428-4112 or learn more at https://www.nexgenenergy.ca.

NexGen Energy 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. NexGen Energy's investment alerts are automatically generated signals that are significant enough to either complement your investing judgment regarding NexGen Energy or challenge it. These alerts can help you understand what you are buying and avoid costly mistakes.
NexGen Energy generated a negative expected return over the last 90 days
NexGen Energy has high historical volatility and very poor performance
NexGen Energy has about 167.27 M in cash with (52.62 M) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 0.35.
NexGen Energy has a poor financial position based on the latest SEC disclosures
Latest headline from finance.yahoo.com: Should You Hold NexGen Energy Ltd. for the Long Term

NexGen Energy Upcoming and Recent Events

23rd of February 2024
Upcoming Quarterly Report
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1st of May 2024
Next Financial Report
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31st of December 2023
Next Fiscal Quarter End
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23rd of February 2024
Next Fiscal Year End
View
30th of September 2023
Last Quarter Report
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31st of December 2022
Last Financial Announcement
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NexGen Largest EPS Surprises

Earnings surprises can significantly impact NexGen Energy'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
2019-10-28
2019-09-30-0.03-0.02140.008628 
2023-05-03
2023-03-31-0.02-0.010.0150 
2022-08-05
2022-06-30-0.03-0.020.0133 
View All Earnings Estimates

NexGen Energy Environmental, Social, and Governance (ESG) Scores

NexGen Energy's ESG score is a quantitative measure that evaluates NexGen Energy's performance and commitment regarding environmental, social, and governance (ESG) factors. These scores are becoming increasingly crucial in investment decision-making processes, providing insights into non-financial aspects of NexGen Energy's operations that may have significant financial implications and affect NexGen Energy's stock price as well as guide investors towards more socially responsible investments.

NexGen Stock Institutional Investors

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
Point72 Asset Management, L.p.2024-03-31
M
Goldman Sachs Group Inc2024-03-31
4.6 M
Driehaus Capital Management Llc2024-03-31
4.4 M
Bank Of New York Mellon Corp2024-03-31
4.3 M
Mmcap International Inc. Spc2024-03-31
3.6 M
Grantham, Mayo, Van Otterloo & Co., Llc2024-03-31
3.5 M
Philadelphia Financial Mgmt Of San Franc2024-03-31
3.1 M
Td Asset Management Inc2024-03-31
3.1 M
1832 Asset Management L.p2024-03-31
2.8 M
L1 Capital Pty Ltd2024-03-31
24.1 M
Mirae Asset Global Investments (korea) Co Ltd2024-03-31
19.4 M
Note, although NexGen Energy's institutional investors appear to be way more sophisticated than retail investors, it remains unclear if professional active investment managers can reliably enhance risk-adjusted returns by an amount that exceeds fees and expenses.

NexGen Market Capitalization

The company currently falls under 'Mid-Cap' category with a total capitalization of 3.69 B.

NexGen Profitablity

Last ReportedProjected for Next Year
Return On Tangible Assets 0.08  0.08 
Return On Capital Employed(0.09)(0.09)
Return On Assets 0.08  0.08 
Return On Equity 0.10  0.10 

Management Efficiency

NexGen Energy has Return on Asset of (0.0644) % which means that on every $100 spent on assets, it lost $0.0644. This is way below average. In the same way, it shows a return on shareholders' equity (ROE) of 0.0633 %, implying that it generated $0.0633 on every 100 dollars invested. NexGen Energy's management efficiency ratios could be used to measure how well NexGen Energy manages its routine affairs as well as how well it operates its assets and liabilities. At present, NexGen Energy's Return On Assets are projected to increase slightly based on the last few years of reporting. The current year's Return On Equity is expected to grow to 0.10, whereas Return On Capital Employed is forecasted to decline to (0.09). At present, NexGen Energy's Other Current Assets are projected to increase significantly based on the last few years of reporting. The current year's Total Current Assets is expected to grow to about 322.3 M, whereas Tangible Asset Value is forecasted to decline to about 94.7 M.
Last ReportedProjected for Next Year
Book Value Per Share 1.65  1.73 
Tangible Asset Value167.7 M94.7 M
Tangible Book Value Per Share 1.65  1.73 
Enterprise Value Over EBITDA(54.11)(51.40)
Price Book Value Ratio 5.63  5.35 
Enterprise Value Multiple(54.11)(51.40)
Price Fair Value 5.63  5.35 
Enterprise Value4.5 B4.7 B
The analysis of NexGen Energy'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 NexGen Energy'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 NexGen Stock analysis is to determine whether it is undervalued, fairly valued, or overvalued and to make informed investment decisions.
Beta
1.833
Return On Assets
(0.06)
Return On Equity
0.0633

Technical Drivers

As of the 22nd of July, NexGen Energy secures the Risk Adjusted Performance of (0.03), standard deviation of 3.63, and Mean Deviation of 2.53. In connection with fundamental indicators, the technical analysis model lets you check existing technical drivers of NexGen Energy, as well as the relationship between them. Please verify NexGen Energy risk adjusted performance, variance, as well as the relationship between the Variance and potential upside to decide if NexGen Energy is priced some-what accurately, providing market reflects its recent price of 6.62 per share. Given that NexGen Energy has information ratio of (0.08), we recommend you to check NexGen Energy's last-minute market performance to make sure the company can sustain itself at a future point.

NexGen Energy Price Movement Analysis

Execute Study
The output start index for this execution was nine with a total number of output elements of fifty-two. The Bollinger Bands is very popular indicator that was developed by John Bollinger. It consist of three lines. NexGen Energy 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 NexGen Energy. When the price bounces off of the lower band and crosses the middle band, then the upper band becomes the price target.

NexGen Energy Outstanding Bonds

NexGen Energy issues bonds to finance its operations. Corporate bonds make up one of the largest components of the U.S. bond market, which is considered the world's largest securities market. NexGen Energy uses the proceeds from bond sales for a wide variety of purposes, including financing ongoing mergers and acquisitions, buying new equipment, investing in research and development, buying back their own stock, paying dividends to shareholders, and even refinancing existing debt. Most NexGen bonds can be classified according to their maturity, which is the date when NexGen Energy has to pay back the principal to investors. Maturities can be short-term, medium-term, or long-term (more than ten years). Longer-term bonds usually offer higher interest rates but may entail additional risks.

NexGen Energy Predictive Daily Indicators

NexGen Energy 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 NexGen Energy 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.

NexGen Energy Corporate Filings

5th of July 2024
Other Reports
ViewVerify
6K
24th of June 2024
A report filed by foreign private issuers with SEC. A foreign private issuer is a non-U.S. company with securities traded on U.S. exchanges.
ViewVerify
6K
18th of June 2024
A report filed by foreign private issuers with SEC. A foreign private issuer is a non-U.S. company with securities traded on U.S. exchanges.
ViewVerify
6K
29th of May 2024
A report filed by foreign private issuers with SEC. A foreign private issuer is a non-U.S. company with securities traded on U.S. exchanges.
ViewVerify
6K
22nd of May 2024
A report filed by foreign private issuers with SEC. A foreign private issuer is a non-U.S. company with securities traded on U.S. exchanges.
ViewVerify
6K
21st of May 2024
A report filed by foreign private issuers with SEC. A foreign private issuer is a non-U.S. company with securities traded on U.S. exchanges.
ViewVerify
6K
14th of May 2024
A report filed by foreign private issuers with SEC. A foreign private issuer is a non-U.S. company with securities traded on U.S. exchanges.
ViewVerify
6K
9th of May 2024
A report filed by foreign private issuers with SEC. A foreign private issuer is a non-U.S. company with securities traded on U.S. exchanges.
ViewVerify

NexGen Energy Forecast Models

NexGen Energy's time-series forecasting models are one of many NexGen Energy'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 NexGen Energy'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 NexGen Stock Analysis

Stock analysis is the technique used by a trader or investor to examine and evaluate how NexGen Energy 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 NexGen 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 NexGen Energy. By using and applying NexGen Stock analysis, traders can create a robust methodology for identifying NexGen entry and exit points for their positions.
Last ReportedProjected for Next Year
Pretax Profit Margin(248.01)(260.41)
Operating Profit Margin 259.41  230.58 
Net Loss(248.01)(260.41)

Current NexGen Analysis - Recommendations

We track the performance of the top 100 financial experts across various large and mid-size financial boutiques. NexGen 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. NexGen 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 PriceAdvice# of Analysts
5.31Strong Sell0Odds
NexGen Energy current and past analyst recommendations published by a number of research institutions as well as average analyst consensus.
Most NexGen 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 NexGen stock's fair price compared to its market value. Analysts arrive at stock ratings after researching public financial statements of NexGen Energy, talking to its executives and customers, or listening to NexGen conference calls.
NexGen Analyst Advice Details

NexGen Stock Analysis Indicators

NexGen Energy stock analysis indicators help investors evaluate how NexGen Energy stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing and determine when trading NexGen Energy shares will generate the highest return on investment. By understating and applying NexGen Energy stock analysis, traders can identify NexGen Energy position entry and exit signals to maximize returns.
Begin Period Cash Flow134.4 M
Long Term Debt158.5 M
Common Stock Shares Outstanding529.2 M
Total Stockholder Equity820 M
Tax Provision-1.9 M
Property Plant And Equipment Net5.4 M
Cash And Short Term Investments290.7 M
Cash290.7 M
Accounts Payable26.9 K
Net Debt-130.3 M
50 Day M A7.2478
Total Current Liabilities27.9 M
Other Operating Expenses84.7 M
Non Current Assets Total700.5 M
Non Currrent Assets Other454.9 M
Stock Based Compensation37.1 M

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When running NexGen Energy's price analysis, check to measure NexGen Energy'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 NexGen Energy is operating at the current time. Most of NexGen Energy's value examination focuses on studying past and present price action to predict the probability of NexGen Energy's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move NexGen Energy's price. Additionally, you may evaluate how the addition of NexGen Energy to your portfolios can decrease your overall portfolio volatility.
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