With 1.23 million shares changed hands, the volume of the stock remained lighter than its average volume of 1.73 million shares. The 52-week range on NEXT shows that it touched its highest point at $9.47 and its lowest point at $4.27 during that stretch. It currently has a 1-year price target of $12.50. Beta for the stock currently stands at 0.83.
Price Performance and Earnings:
Stock performance is one of the indicators that investors use to determine whether they will profit from a stock. The price performance of NEXT was down-trending over the past week, with a drop of -14.48%, but this was down by -18.26% over a month. Three-month performance dropped to -1.26% while six-month performance rose 60.87%. The stock gained 47.38% in the past year, while it has lost -8.82% so far this year. A look at the trailing 12-month EPS for NEXT yields -0.24 with Next year EPS estimates of -1.34. For the next quarter, that number is -0.25. This implies an EPS growth rate of -93.27% for this year and -33.33% for next year. EPS is expected to grow by 7.62% annually over the next five years; however, over the past five years, the company experienced an annual growth rate of 11.71%.
Float and Shares Shorts:
At present, 257.10 million NEXT shares are outstanding with a float of 164.83 million shares on hand for trading.
Analysts Ratings:
Reading analyst opinions is an effective way to decide where to invest, and there are several opinions available for NEXT since 7 analysts follow the stock currently. There are 4 analysts who recommend BUY ratings, while 2 suggest SELL ratings. Of the remaining analysts, 1 believe that the stock is worth HOLDING, 0 give it an OVERWEIGHT rating, and 0 thinks that it’s UNDERWEIGHT. In the same way, a target price assigned to a stock can also reveal much about its potential.
EPS: Estimates vs Actual
It is also common to use earnings estimates to evaluate a firm’s growth potential and to determine trading strategy. Analysts have provided yearly estimates in a range of -$0.64706 being high and -$0.94118 being low. For NEXT, this leads to a yearly average estimate of -$0.8. Based on analyst estimates, the high estimate for the next quarter is $0 and the low estimate is $0. The average estimate for the next quarter is thus $0.
