Nextdecade Corp Stock Buy Hold or Sell Recommendation
| NEXT Stock | USD 7.24 0.05 0.70% |
Given the investment horizon of 90 days and your way above-average risk tolerance, our recommendation regarding Nextdecade Corp is 'Buy'. A buy or sell recommendation provided by Macroaxis is an automated directive regarding whether to purchase or sell Nextdecade Corp given historical horizon and risk tolerance towards Nextdecade Corp. When Macroaxis issues a 'buy' or 'sell' recommendation for Nextdecade Corp, the advice is generated through an automated system that utilizes algorithms and statistical models.
Check out Nextdecade Corp Analyst Recommendation to compare Macroaxis Buy or Sell Recommendation with the current analyst consensus. To check ratings for multiple equity instruments, please use the Instant Ratings tool. For more information on how to buy Nextdecade Stock please use our How to Invest in Nextdecade Corp guide. Note, we conduct extensive research on individual companies such as Nextdecade and provide practical buy, sell, or hold advice based on investors' constraints. Nextdecade Corp. 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.
Nextdecade |
Execute Nextdecade Corp Buy or Sell Advice
The Nextdecade recommendation should be used to complement the buy-or-sell advice compiled from the current analysts' consensus on Nextdecade Corp. Macroaxis does not own or have any residual interests in Nextdecade Corp or other equities on which the buy-or-sell advice is provided. Please provide your input below to execute Nextdecade Corp's advice using the current market data and latest reported fundamentals.
Time Horizon
Risk Tolerance
 |  |
Buy
Market Performance | Solid | Details | |
Volatility | Slightly risky | Details | |
Hype Condition | Under hyped | Details | |
Current Valuation | Undervalued | Details | |
Odds Of Distress | Below Average | Details | |
Economic Sensitivity | Hyperactively responds to market trends | Details | |
Investor Sentiment | Impartial | Details | |
Analyst Consensus | Buy | Details | |
Financial Strenth (F Score) | Frail | Details | |
Financial Leverage | Not Rated | Details | |
Reporting Quality (M-Score) | Unlikely Manipulator | Details |
Nextdecade Corp Trading Alerts and Improvement Suggestions
| Nextdecade Corp appears to be risky and price may revert if volatility continues | |
| 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 28.0% of the company outstanding shares are owned by corporate insiders | |
| Latest headline from investing.com: Bardin Hill investment partners increases stake in NextDecade Corp. |
Nextdecade Corp Returns Distribution Density
The distribution of Nextdecade Corp's historical returns is an attempt to chart the uncertainty of Nextdecade Corp's future price movements. The chart of the probability distribution of Nextdecade Corp daily returns describes the distribution of returns around its average expected value. We use Nextdecade Corp price's Value At Risk and its Upside Potential as a relative measure of the distribution. The graph of the distribution of Nextdecade Corp returns is essential to provide solid investment advice for Nextdecade Corp.
| Mean Return | 0.75 | Value At Risk | -4.22 | Potential Upside | 7.44 | Standard Deviation | 3.64 |
Return Density |
| Distribution |
Investment risk management requires an estimate of the probability of extreme price changes. Therefore, the correct representation of the distribution of Nextdecade Corp historical returns presented in an easy-to-digest graphical form helps investors and money managers understand the risk-reward trade-off of different investement strategies.
Nextdecade Stock Institutional Investors
The Nextdecade Corp's institutional investors refer to entities that pool money to purchase Nextdecade Corp's securities or originate loans. These institutional investors include commercial and private banks, credit unions, insurance companies, pension funds, hedge funds, endowments, and mutual funds.
| Shares | Catalyst Capital Advisors Llc | 2024-09-30 | 3.6 M | Geode Capital Management, Llc | 2024-09-30 | 3 M | Tortoise Midstream Energy Fund, Inc. | 2024-09-30 | 2.9 M | Adage Capital Partners Gp Llc | 2024-06-30 | 2.6 M | Bank Of America Corp | 2024-06-30 | 2.3 M | State Street Corp | 2024-06-30 | 2.2 M | Ubs Group Ag | 2024-06-30 | 1.7 M | Citadel Advisors Llc | 2024-09-30 | 1.5 M | Mirae Asset Global Etfs Holdings Ltd. | 2024-06-30 | 1.4 M | Jgd Management Corp | 2024-06-30 | 40.7 M | Blackrock Inc | 2024-06-30 | 18.9 M |
Nextdecade Corp Cash Flow Accounts
| 2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
| Investments | 10.5M | 61.8M | (18.5M) | (40.9M) | (1.8B) | (1.7B) | |
| Change In Cash | 12.6M | 6.9M | 2.9M | 37.2M | 231.7M | 243.3M | |
| Free Cash Flow | (61.0M) | (58.6M) | (30.1M) | (73.8M) | (1.8B) | (1.7B) | |
| Depreciation | 1.2M | 1.4M | 735K | 918K | 3.1M | 3.3M | |
| Other Non Cash Items | 127K | 1.4M | 1.4M | 6.1M | 63.1M | 66.2M | |
| Dividends Paid | 42K | 50K | 67K | 75K | 53K | 50.4K | |
| Capital Expenditures | 20.3M | 32.4M | 12.1M | 33.8M | 1.7B | 1.8B | |
| Net Income | (35.9M) | (14.3M) | (22.0M) | (60.1M) | (162.3M) | (154.1M) | |
| End Period Cash Flow | 15.7M | 22.6M | 25.6M | 62.8M | 294.5M | 309.2M | |
| Change To Netincome | (9.9M) | (7.8M) | (4.3M) | 7.5M | 6.7M | 7.1M |
Nextdecade Corp Greeks
Most traded equities are subject to two types of risk - systematic (i.e., market) and unsystematic (i.e., nonmarket or company-specific) risk. Unsystematic risk is the risk that events specific to Nextdecade Corp or Oil, Gas & Consumable Fuels sector will adversely affect the stock's price. This type of risk can be diversified away by owning several different stocks in different industries whose stock prices have shown a small correlation to each other. On the other hand, systematic risk is the risk that Nextdecade Corp's price will be affected by overall stock market movements and cannot be diversified away. So, no matter how many positions you have, you cannot eliminate market risk. However, you can measure a Nextdecade stock's historical response to market movements and buy it if you are comfortable with its volatility direction. Beta and standard deviation are two commonly used measures to help you make the right decision.
α | Alpha over Dow Jones | 0.48 | |
β | Beta against Dow Jones | 2.06 | |
σ | Overall volatility | 3.65 | |
Ir | Information ratio | 0.17 |
Nextdecade Corp Volatility Alert
Nextdecade Corp currently demonstrates below-average downside deviation. It has Information Ratio of 0.17 and Jensen Alpha of 0.48. Understanding different market volatility trends often help investors to time the market. Properly using volatility indicators enable traders to measure Nextdecade Corp's stock risk against market volatility during both bullish and bearish trends. The higher level of volatility that comes with bear markets can directly impact Nextdecade Corp's stock price while adding stress to investors as they watch their shares' value plummet. This usually forces investors to rebalance their portfolios by buying different financial instruments as prices fall.Nextdecade Corp Fundamentals Vs Peers
Comparing Nextdecade Corp's fundamentals to the average values of its peers is one of the most widely used and accepted methods of equity analyses. It helps to analyze Nextdecade Corp's direct or indirect competition across all of the common fundamentals between Nextdecade Corp and the related equities. This way, we can detect undervalued stocks with similar characteristics as Nextdecade Corp or determine the stocks which would be an excellent addition to an existing portfolio. Peer analysis of Nextdecade Corp's fundamental indicators could also be used in its relative valuation, which is a method of valuing Nextdecade Corp by comparing valuation metrics with those of similar companies.
| Better Than Average | Worse Than Average | Compare Nextdecade Corp to competition |
| Fundamentals | Nextdecade Corp | Peer Average |
| Return On Equity | -0.49 | -0.31 |
| Return On Asset | -0.0248 | -0.14 |
| Current Valuation | 5.3 B | 16.62 B |
| Shares Outstanding | 260.29 M | 571.82 M |
| Shares Owned By Insiders | 28.07 % | 10.09 % |
| Shares Owned By Institutions | 52.75 % | 39.21 % |
| Number Of Shares Shorted | 15.15 M | 4.71 M |
| Price To Earning | (1.71) X | 28.72 X |
| Price To Book | 2.79 X | 9.51 X |
| Gross Profit | (1.61 M) | 27.38 B |
| EBITDA | (122.5 M) | 3.9 B |
| Net Income | (162.26 M) | 570.98 M |
| Cash And Equivalents | 40.5 M | 2.7 B |
| Cash Per Share | 0.31 X | 5.01 X |
| Total Debt | 1.97 B | 5.32 B |
| Debt To Equity | 0.01 % | 48.70 % |
| Current Ratio | 5.24 X | 2.16 X |
| Book Value Per Share | 2.58 X | 1.93 K |
| Cash Flow From Operations | (73.62 M) | 971.22 M |
| Short Ratio | 8.93 X | 4.00 X |
| Earnings Per Share | (1.12) X | 3.12 X |
| Target Price | 10.67 | |
| Number Of Employees | 147 | 18.84 K |
| Beta | 1.26 | -0.15 |
| Market Capitalization | 1.87 B | 19.03 B |
| Total Asset | 3.32 B | 29.47 B |
| Retained Earnings | (391.77 M) | 9.33 B |
| Working Capital | (237.86 M) | 1.48 B |
| Current Asset | 124.23 M | 9.34 B |
| Current Liabilities | 13 M | 7.9 B |
| Net Asset | 3.32 B |
Note: Acquisition by Bardin Hill Investment Partners Lp of 134012 shares of Nextdecade Corp subject to Rule 16b-3 [view details]
Nextdecade Corp Market Momentum
Traders often use several daily momentume indicators to supplement a more traditional technical analysis when analyzing securities such as Nextdecade . With many different options, investors must choose the best indicators for them and familiarize themselves with how they work. We suggest combining traditional momentum indicators with more near-term forms of technical analysis such as Accumulation Distribution or Daily Balance Of Power. With their quantitative nature, daily value technical indicators can also be incorporated into your automated trading systems.
About Nextdecade Corp Buy or Sell Advice
When is the right time to buy or sell Nextdecade Corp? Buying financial instruments such as Nextdecade Stock isn't very hard. However, what challenging for most investors is doing it at the right time to beat the market. Proper market timing is something most people cannot do without sophisticated tools, which help to isolate the right opportunities. Macroaxis provides hands-on modules to deliver winning trades and diversify your portfolios on a daily basis. Most of our advising modules are very easy to use and apply.
Please read more on our stock advisor page.
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Additional 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.