Earnings and Growth Analysis : Nextdecade Stock Forecast, Price & News (NASDAQ:NEXT)

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Earnings results for Nextdecade Stock Forecast, Price & News (NASDAQ:NEXT)

Estimate Momentum measures change in analyst sentiment over time and may be an indicator of future price movements. The Change in Consensus chart shows the current, 1 week ago, and 1 month ago consensus earnings per share (EPS*) forecasts. For the fiscal quarter endingJun 2020 , the consensus EPS* forecast has increased over the past week from -0.09 to -0.07(22.22%) and increased over the past month from -0.09 to -0.07(22.22%). Of the 1 analysts making quarterly forecasts, 1raised and none lowered their forecast. For the fiscal year ending Dec 2020 , the consensus EPS* forecast has increased over the past week from -0.35 to -0.3(14.29%) and remained the same over the past month at -0.35 . Of the 2 analysts making yearly forecasts, 1raised and 1 lowered their forecast.

Nextdecade last issued its quarterly earnings results on May 18th, 2020. The reported ($0.02) earnings per share for the quarter, beating analysts’ consensus estimates of ($0.10) by $0.08. Nextdecade has generated $0.00 earnings per share over the last year. Nextdecade has not formally confirmed its next earnings publication date, but the company’s estimated earnings date is Tuesday, August 18th, 2020 based off prior year’s report dates.

Analyst Opinion on Nextdecade Stock Forecast, Price & News (NASDAQ:NEXT)

2 Wall Street analysts have issued ratings and price targets for Nextdecade in the last 12 months. Their average twelve-month price target is $3.75, predicting that the stock has a possible upside of 164.08%. The high price target for NEXT is $5.00 and the low price target for NEXT is $2.50. There are currently 1 sell rating and 1 buy rating for the stock, resulting in a consensus rating of “Hold.”

Nextdecade has received a consensus rating of Hold. The company’s average rating score is 2.00, and is based on 1 buy rating, no hold ratings, and 1 sell rating. According to analysts’ consensus price target of $3.75, Nextdecade has a forecasted upside of 164.1% from its current price of $1.42. Nextdecade has only been the subject of 1 research reports in the past 90 days.

Dividend Strength: Nextdecade Stock Forecast, Price & News (NASDAQ:NEXT)

Nextdecade does not currently pay a dividend. Nextdecade does not have a long track record of dividend growth.

Insiders buying/selling: Nextdecade Stock Forecast, Price & News (NASDAQ:NEXT)

In the past three months, Nextdecade insiders have not sold or bought any company stock. Only 2.40% of the stock of Nextdecade is held by insiders. 75.11% of the stock of Nextdecade is held by institutions. High institutional ownership can be a signal of strong market trust in this company.

Earnings and Valuation of Nextdecade Stock Forecast, Price & News (NASDAQ:NEXT

Earnings for Nextdecade are expected to grow in the coming year, from ($0.35) to ($0.25) per share. Nextdecade has a P/B Ratio of 1.92. P/B Ratios below 3 indicates that a company is reasonably valued with respect to its assets and liabilities.

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