NextDecade Corporation (NEXT) concluded trading on Tuesday at a closing price of $7.71, with 4.1 million shares of worth about $31.6 million changed hands on the day. Half year performance of the stock remained negative as price took a plunge of -3.75% during that period and on December 31, 2024 the price saw a gain of about 10.46%. Currently the company’s common shares owned by public are about 257.00M shares, out of which, 164.82M shares are available for trading.
Stock saw a price change of 13.05% in past 5 days and over the past one month there was a price change of 6.49%. Year-to-date (YTD), NEXT shares are showing a performance of 61.64% which increased to 61.64% when we look at its performance for past 12 months. Over the period of past 52 weeks, stock dropped to lowest price of $4.26 but also hit the highest price of $8.52 during that period. The average intraday trading volume for NextDecade Corporation shares is 1.63 million. The stock is currently trading 11.72% above its 20-day simple moving average (SMA20), while that difference is up 14.52% for SMA50 and it goes to 20.43% higher than SMA200.
NextDecade Corporation (NASDAQ: NEXT) currently have 257.00M outstanding shares and institutions hold larger chunk of about 46.93% of that.
The stock has a current market capitalization of $2.22B and its 3Y-monthly beta is at 1.32. It has posted earnings per share of -$1.00 in the same period. It has Quick Ratio of 0.49 while making debt-to-equity ratio of 5.17. Volatility of a stock is a metric used to know how much the price of that stock is under influence and for NEXT, volatility over the week remained 5.08% while standing at 4.86% over the month.
Analysts are in expectations that NextDecade Corporation (NEXT) stock would likely to be making an EPS of -0.07 in the current quarter, while forecast for next quarter EPS is 0 and it is 0 for next year. For the current quarter EPS, analysts have given the company a lowest target -0.07 which is -0.07 at the higher side of the target for the same. When we compare those targets with actual EPS, we find that company posted an EPS of 0.53 in the same quarter a year ago. Stock’s fiscal year EPS is expected to rise by 33.45% while it is estimated to decrease by -61.60% in next year. EPS is likely to grow at an annualized rate of 0.60% for next 5-years, compared to annual growth of -18.13% made by the stock over the past 5-years.
Digging deeper we find that several firms have released their research notes about the support levels of the stock. Most recent of them is a note released by TD Cowen on June 06, 2024 offering a Buy rating for the stock and assigned a target price range of between $7 and $9 to it. Coverage by Wolfe Research stated NextDecade Corporation (NEXT) stock as an Outperform in their note to investors on August 16, 2023, suggesting a price target of $8 for the stock. On August 15, 2023, Stifel Upgrade their recommendations, while on July 28, 2022, Stifel Upgrade their ratings for the stock with a price target of $6. Stock get a Sell rating from Stifel on April 26, 2022.
