Is Nextdecade Corp Stock a Good Investment?
Nextdecade Corp Investment Advice | NEXT |
- Examine Nextdecade Corp's financial health by looking at its balance sheet, income statement, and cash flow statement. Analyze key financial ratios, such as Price-to-Earnings (P/E), Price-to-Sales (P/S), and Price-to-Book (P/B), to determine whether the stock is fairly valued or over/undervalued.
- Research Nextdecade Corp's leadership team and their track record. Good management can help Nextdecade Corp navigate difficult times and make strategic decisions that benefit shareholders and increases its net worth.
- Consider the overall health of the Oil & Gas Storage & Transportation space and any emerging trends that could impact Nextdecade Corp's business and its evolving consumer preferences.
- Compare Nextdecade Corp's performance and market position to its competitors. Analyze how Nextdecade Corp is positioned in terms of product offerings, innovation, and market share.
- Check if Nextdecade Corp pays a dividend and its dividend yield and payout ratio.
- Review what financial analysts are saying about Nextdecade Corp's stock and their price targets. However, remember that analysts' opinions can vary, and their predictions may not always be accurate.
It's important to note that investing in Nextdecade Corp stock, carries risks, and you should carefully consider your investment goals and risk tolerance before making any investment decisions. Also, remember that it's important for investors to have a long-term perspective and a well-diversified portfolio to manage the impact of stock market volatility on their investments. Below is a detailed guide on how to decide if Nextdecade Corp is a good investment.
Sell | Buy |
Strong Hold
Market Performance | Solid | Details | |
Volatility | Somewhat reliable | Details | |
Hype Condition | Over hyped | Details | |
Current Valuation | Undervalued | Details | |
Odds Of Distress | Below Average | Details | |
Economic Sensitivity | Follows the market closely | Details | |
Investor Sentiment | Interested | Details | |
Analyst Consensus | Not Available | Details | |
Financial Strenth (F Score) | Very Weak | Details | |
Financial Leverage | Not Rated | Details | |
Reporting Quality (M-Score) | Unlikely Manipulator | Details |
Examine Nextdecade Corp Stock
Researching Nextdecade Corp's stock involves analyzing various aspects of the company and its industry to make an informed investment decision. The key areas to focus on are fundamentals, business model and competitive advantage. It is also important to analyze trends in revenue, net income, and cash flow, as well as key financial ratios, such as price-to-earnings (P/E), price-to-sales (P/S), and debt-to-equity (D/E). About 28.0% of the company outstanding shares are owned by corporate insiders. The book value of Nextdecade Corp was now reported as 2.58. The company recorded a loss per share of 1.12. Nextdecade Corp had not issued any dividends in recent years.
To determine if Nextdecade Corp is a good investment, evaluating the company's potential for future growth is also very important. This may include expanding into new markets, launching new products or services, or improving operational efficiency. Companies with strong growth prospects can be more attractive investments. This aspect of the research should be conducted in the context of the overall market and industry in which the company operates and should include an analysis of growth potential, competitive landscape, and any regulatory or economic factors that could impact the business. Some of the essential points regarding Nextdecade Corp's research are outlined below:
| 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 very weak financial position based on the latest SEC disclosures | |
| Roughly 28.0% of the company outstanding shares are owned by corporate insiders |
Nextdecade Corp uses earnings reports to provide investors with an update of all three financial statements, including the income statement, the balance sheet, and the cash flow statement. Therefore, it is also crucial when considering investing in Nextdecade Corp. Every quarterly earnings report provides investors with an overview of sales, expenses, and net income for the most recent period. It also may provide a comparison to Nextdecade Corp's 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 Corp's market capitalization trends
The company currently falls under 'Mid-Cap' category with a current market capitalization of 2.12 B.Basic technical analysis of Nextdecade Stock
As of the 30th of January, Nextdecade Corp secures the Downside Deviation of 2.71, risk adjusted performance of 0.1873, and Mean Deviation of 2.82. 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.Nextdecade Corp's 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.
Nextdecade Corp's Outstanding Corporate Bonds
Nextdecade Corp 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. Nextdecade Corp 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 Nextdecade bonds can be classified according to their maturity, which is the date when Nextdecade Corp 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.
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Understand Nextdecade Corp's technical and predictive indicators
Using predictive indicators to make investment decisions involves analyzing Nextdecade Corp's various financial and market-based factors to help forecast future trends and identify investment opportunities. Select the indicators that are most relevant to your investment strategy. Each indicator has its own strengths and weaknesses, so it's essential to combine multiple indicators to get a more comprehensive view of the market and reduce the risk of making poor decisions based on limited data.
| Risk Adjusted Performance | 0.1873 | |||
| Market Risk Adjusted Performance | 1.83 | |||
| Mean Deviation | 2.82 | |||
| Semi Deviation | 2.16 | |||
| Downside Deviation | 2.71 | |||
| Coefficient Of Variation | 465.48 | |||
| Standard Deviation | 3.99 | |||
| Variance | 15.91 | |||
| Information Ratio | 0.1898 | |||
| Jensen Alpha | 0.805 | |||
| Total Risk Alpha | 0.4175 | |||
| Sortino Ratio | 0.2791 | |||
| Treynor Ratio | 1.82 | |||
| Maximum Drawdown | 20.97 | |||
| Value At Risk | (4.03) | |||
| Potential Upside | 8.58 | |||
| Downside Variance | 7.35 | |||
| Semi Variance | 4.66 | |||
| Expected Short fall | (3.42) | |||
| Skewness | 1.35 | |||
| Kurtosis | 2.72 |
| Risk Adjusted Performance | 0.1873 | |||
| Market Risk Adjusted Performance | 1.83 | |||
| Mean Deviation | 2.82 | |||
| Semi Deviation | 2.16 | |||
| Downside Deviation | 2.71 | |||
| Coefficient Of Variation | 465.48 | |||
| Standard Deviation | 3.99 | |||
| Variance | 15.91 | |||
| Information Ratio | 0.1898 | |||
| Jensen Alpha | 0.805 | |||
| Total Risk Alpha | 0.4175 | |||
| Sortino Ratio | 0.2791 | |||
| Treynor Ratio | 1.82 | |||
| Maximum Drawdown | 20.97 | |||
| Value At Risk | (4.03) | |||
| Potential Upside | 8.58 | |||
| Downside Variance | 7.35 | |||
| Semi Variance | 4.66 | |||
| Expected Short fall | (3.42) | |||
| Skewness | 1.35 | |||
| Kurtosis | 2.72 |
Consider Nextdecade Corp's intraday 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.
Nextdecade Corp time-series forecasting models is one of many Nextdecade Corp's stock analysis techniques aimed to predict 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.
Nextdecade Stock media impact
Far too much social signal, news, headlines, and media speculation about Nextdecade Corp that are available to investors today. That information is available publicly through Nextdecade media outlets and privately through word of mouth or via Nextdecade internal channels. However, regardless of the origin, that massive amount of Nextdecade data is challenging to quantify into actionable patterns, especially for investors that are not very sophisticated with ever-evolving tools and techniques used in the investment management field.
A primary focus of Nextdecade Corp news analysis is to determine if its current price reflects all relevant headlines and social signals impacting the current market conditions. A news analyst typically looks at the history of Nextdecade Corp relative headlines and hype rather than examining external drivers such as technical or fundamental data. It is believed that price action tends to repeat itself due to investors' collective, patterned thinking related to Nextdecade Corp's headlines and news coverage data. This data is often completely overlooked or insufficiently analyzed for actionable insights to drive Nextdecade Corp alpha.
Nextdecade Corp Corporate Management
| Michael Mott | Senior Transformation | Profile | |
| Vera Gyarfas | General Secretary | Profile | |
| Alexander Thompson | Senior Construction | Profile | |
| Eric Garcia | Chief Accounting Officer, Principal Accounting Officer | Profile | |
| David Keane | Senior Affairs | Profile | |
| Ariel Handler | Senior Operations | Profile |
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.