Chardan Nextech Acquisition Stock Analysis

DFLI Stock  USD 2.38  0.13  5.18%   
Chardan NexTech Acquisition is overvalued with Real Value of 2.28 and Target Price of 11.25. The main objective of Chardan NexTech stock analysis is to determine its intrinsic value, which is an estimate of what Chardan NexTech Acquisition is worth, separate from its market price. There are two main types of Chardan NexTech's stock analysis: fundamental analysis and technical analysis.
The Chardan NexTech stock is traded in the USA on NASDAQ 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 Chardan NexTech's ongoing operational relationships across important fundamental and technical indicators.
  
Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in Chardan NexTech Acquisition. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in bureau of economic analysis.

Chardan Stock Analysis Notes

About 50.0% of the company shares are held by company insiders. The company recorded a loss per share of 3.78. Chardan NexTech Acqu had not issued any dividends in recent years. The entity had 1:9 split on the 22nd of November 2024. Dragonfly Energy Holdings Corp. manufactures and supplies deep cycle lithium-ion batteries for RVs, marine vessels, off-grid installations, and other storage applications. It also focuses on delivering an energy storage solution to enable a sustainable and reliable smart grid through the deployment of its solid-state cell technology. Dragonfly Energy operates under Electrical Equipment Parts classification in the United States and is traded on NASDAQ Exchange. To learn more about Chardan NexTech Acquisition call the company at 775 622 3448 or check out https://dragonflyenergy.com.

Chardan NexTech Quarterly Total Revenue

12.72 Million

Chardan NexTech Acqu Investment Alerts

Chardan NexTech Acqu generated a negative expected return over the last 90 days
Chardan NexTech Acqu has high historical volatility and very poor performance
Chardan NexTech Acqu has high likelihood to experience some financial distress in the next 2 years
The company reported the previous year's revenue of 64.39 M. Net Loss for the year was (13.82 M) with profit before overhead, payroll, taxes, and interest of 13.07 M.
Chardan NexTech Acquisition currently holds about 10.52 M in cash with (17.71 M) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 0.47.
Roughly 50.0% of the company shares are held by company insiders
Latest headline from news.google.com: DFLI stock touches 52-week low at 2.13 amid market challenges - Investing.com Nigeria

Chardan NexTech Acqu Upcoming and Recent Events

Every quarterly earnings report provides investors with three things: an overview of sales, expenses, and net income for the most recent period. It also may provide a comparison to Chardan NexTech 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.
3rd of April 2024
Upcoming Quarterly Report
View
20th of May 2024
Next Financial Report
View
31st of December 2023
Next Fiscal Quarter End
View
3rd of April 2024
Next Fiscal Year End
View
30th of September 2023
Last Quarter Report
View
31st of December 2022
Last Financial Announcement
View

Chardan Largest EPS Surprises

Earnings surprises can significantly impact Chardan NexTech'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
2024-08-14
2024-06-30-0.16-0.19-0.0318 
2023-08-21
2023-06-30-0.19-0.23-0.0421 
2024-11-14
2024-09-30-0.18-0.110.0738 
View All Earnings Estimates

Chardan NexTech Environmental, Social, and Governance (ESG) Scores

Chardan NexTech's ESG score is a quantitative measure that evaluates Chardan NexTech'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 Chardan NexTech's operations that may have significant financial implications and affect Chardan NexTech's stock price as well as guide investors towards more socially responsible investments.

Chardan Stock Institutional Investors

Shares
Point72 Asia (singapore) Pte. Ltd2024-09-30
22.7 K
Morgan Stanley - Brokerage Accounts2024-09-30
19.5 K
Stifel Financial Corp2024-09-30
18 K
Advisor Group Holdings, Inc.2024-09-30
15.5 K
Qube Research & Technologies2024-09-30
15.1 K
Secure Asset Management, Llc2024-09-30
14.7 K
Lpl Financial Corp2024-09-30
14.7 K
Leo Wealth, Llc.2024-09-30
14.1 K
Raymond James Finl Svs Advisors, Inc.2024-09-30
12.9 K
Vanguard Group Inc2024-09-30
735 K
Millennium Management Llc2024-09-30
279.4 K
Note, although Chardan NexTech'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.

Chardan Market Capitalization

The company currently falls under 'Micro-Cap' category with a current market capitalization of 16.69 M.

Chardan Profitablity

The company has Profit Margin (PM) of (0.59) %, which may suggest that it does not properly executes on its current pricing strategies or is unable to control all of the operational costs. This is way below average. Similarly, it shows Operating Margin (OM) of (0.51) %, which suggests for every $100 dollars of sales, it generated a net operating loss of $0.51.
Last ReportedProjected for Next Year
Return On Tangible Assets(0.21)(0.20)
Return On Capital Employed(0.91)(0.86)
Return On Assets(0.21)(0.20)
Return On Equity(0.57)(0.60)

Management Efficiency

Chardan NexTech Acqu has return on total asset (ROA) of (0.1427) % which means that it has lost $0.1427 on every $100 spent on assets. This is way below average. Similarly, it shows a return on stockholder's equity (ROE) of (1.6376) %, meaning that it created substantial loss on money invested by shareholders. Chardan NexTech's management efficiency ratios could be used to measure how well Chardan NexTech manages its routine affairs as well as how well it operates its assets and liabilities. The Chardan NexTech's current Return On Tangible Assets is estimated to increase to -0.2. The Chardan NexTech's current Return On Capital Employed is estimated to increase to -0.86. As of now, Chardan NexTech's Other Current Assets are increasing as compared to previous years. The Chardan NexTech's current Asset Turnover is estimated to increase to 1.47, while Total Assets are projected to decrease to under 71.4 M.
Last ReportedProjected for Next Year
Book Value Per Share 0.48  0.28 
Tangible Book Value Per Share 0.48  0.28 
Enterprise Value Over EBITDA 90.47  85.95 
Price Book Value Ratio 10.61  10.08 
Enterprise Value Multiple 90.47  85.95 
Price Fair Value 10.61  10.08 
Enterprise Value308.4 M293 M
The decision-making processes within Chardan NexTech are key to its success in a competitive market. By evaluating these processes, we assess the stock's potential for future gains.
Operating Margin
(0.51)
Profit Margin
(0.59)
Beta
(0.82)
Return On Assets
(0.14)
Return On Equity
(1.64)

Technical Drivers

As of the 1st of February, Chardan NexTech shows the mean deviation of 5.61, and Risk Adjusted Performance of (0.08). Chardan NexTech Acqu technical analysis gives you the methodology to make use of historical prices and volume patterns to determine a pattern that approximates the direction of the firm's future prices.

Chardan NexTech Acqu Price Movement Analysis

Execute Study
The output start index for this execution was thirty-five with a total number of output elements of twenty-six. The Bollinger Bands is very popular indicator that was developed by John Bollinger. It consist of three lines. Chardan NexTech 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 Chardan NexTech Acqu. When the price bounces off of the lower band and crosses the middle band, then the upper band becomes the price target.

Chardan NexTech Acqu 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 Chardan NexTech insiders, such as employees or executives, is commonly permitted as long as it does not rely on Chardan NexTech'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 Chardan NexTech 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.

Chardan NexTech Predictive Daily Indicators

Chardan NexTech 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 Chardan NexTech 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.

Chardan NexTech Corporate Filings

6th of January 2025
Other Reports
ViewVerify
8K
3rd of January 2025
Report filed with the SEC to announce major events that shareholders should know about
ViewVerify
8K
18th of December 2024
Report filed with the SEC to announce major events that shareholders should know about
ViewVerify
8K
9th of December 2024
Report filed with the SEC to announce major events that shareholders should know about
ViewVerify
8K
22nd of November 2024
Report filed with the SEC to announce major events that shareholders should know about
ViewVerify
F3
21st of November 2024
An amendment to the original Schedule 13D filing
ViewVerify
8K
14th of November 2024
Report filed with the SEC to announce major events that shareholders should know about
ViewVerify
8K
12th of November 2024
Report filed with the SEC to announce major events that shareholders should know about
ViewVerify

Chardan NexTech Forecast Models

Chardan NexTech's time-series forecasting models are one of many Chardan NexTech'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 Chardan NexTech'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 Chardan Stock Analysis

Stock analysis is the technique used by a trader or investor to examine and evaluate how Chardan NexTech 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 Chardan 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 Chardan NexTech. By using and applying Chardan Stock analysis, traders can create a robust methodology for identifying Chardan entry and exit points for their positions.
Last ReportedProjected for Next Year
Pretax Profit Margin(0.25)(0.23)
Operating Profit Margin(0.49)(0.47)
Net Loss(0.25)(0.23)
Gross Profit Margin 0.28  0.36 

Current Chardan Analysis - Recommendations

We track the performance of the top 100 financial experts across various large and mid-size financial boutiques. Chardan 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. Chardan 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
11.25Strong Buy3Odds
Chardan NexTech Acquisition current and past analyst recommendations published by a number of research institutions as well as average analyst consensus.
Most Chardan 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 Chardan stock's fair price compared to its market value. Analysts arrive at stock ratings after researching public financial statements of Chardan NexTech Acqu, talking to its executives and customers, or listening to Chardan conference calls.
Chardan Analyst Advice Details

Chardan Stock Analysis Indicators

Chardan NexTech Acquisition stock analysis indicators help investors evaluate how Chardan NexTech stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing and determine when trading Chardan NexTech shares will generate the highest return on investment. By understating and applying Chardan NexTech stock analysis, traders can identify Chardan NexTech position entry and exit signals to maximize returns.
Begin Period Cash Flow17.8 M
Total Stockholder Equity27.9 M
Capital Lease Obligations3.6 M
Property Plant And Equipment Net19.3 M
Cash And Short Term Investments12.7 M
Net Invested Capital47.6 M
Cash12.7 M
200 Day M A5.7536
50 Day M A3.175
Net Interest Income-15.2 M
Total Current Liabilities40.4 M
Investments-7.3 M
Interest Expense16 M
Stock Based Compensation6.7 M
Common Stock Shares Outstanding52.8 M
Tax Provision991 K
Free Cash Flow-24.6 M
Operating Income-27.4 M
Other Current Assets2.8 M
Accounts Payable10.3 M
Net Debt10.6 M
Depreciation1.2 M
Other Operating Expenses91.8 M
Non Current Assets Total19.3 M
Liabilities And Stockholders Equity75.2 M
Non Currrent Assets Other-1.00

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