Insider’s View: Deciphering NextNav Inc (NN)’s Financial Health Through Ratios

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The price of NextNav Inc (NASDAQ: NN) closed at $7.44 in the last session, down -0.13% from day before closing price of $7.45. In other words, the price has decreased by -$0.13 from its previous closing price. On the day, 0.56 million shares were traded. NN stock price reached its highest trading level at $7.55 during the session, while it also had its lowest trading level at $7.32.


We take a closer look at NN’s different ratios to gain a better understanding of the stock. For the most recent quarter (mrq), Quick Ratio is recorded 4.01 and its Current Ratio is at 4.01. In the meantime, Its Debt-to-Equity ratio is 1.20 whereas as Long-Term Debt/Eq ratio is at 1.16.

On January 06, 2022, R. F. Lafferty started tracking the stock assigning a Buy rating and target price of $16.

Insider Transactions:

An investor can also benefit from insider trades by learning what management is thinking about the future direction of stock prices. A recent insider transaction in this stock occurred on May 21 ’24 when Raghupathy Arun sold 34,453 shares for $7.76 per share. The transaction valued at 267,355 led to the insider holds 1,096,085 shares of the business.

SUBIN NEIL S bought 50,000 shares of NN for $381,000 on May 15 ’24. The Director now owns 2,265,213 shares after completing the transaction at $7.62 per share. On May 14 ’24, another insider, SUBIN NEIL S, who serves as the Director of the company, bought 42,761 shares for $7.69 each. As a result, the insider paid 328,832 and bolstered with 2,215,213 shares of the company.

Valuation Measures:

Investors should consider key stock statistics when deciding whether to invest or divest. In the wake of the recent closing price, NN now has a Market Capitalization of 910901504 and an Enterprise Value of 887420480. For the stock, the TTM Price-to-Sale (P/S) ratio is 223.25 while its Price-to-Book (P/B) ratio in mrq is 14.98. Its current Enterprise Value per Revenue stands at 217.612 whereas that against EBITDA is -14.537.

Stock Price History:

Over the past 52 weeks, NN has reached a high of $9.50, while it has fallen to a 52-week low of $2.67. The 50-Day Moving Average of the stock is -6.18%, while the 200-Day Moving Average is calculated to be 37.84%.

Shares Statistics:

According to the various share statistics, NN traded on average about 992.37K shares per day over the past 3-months and 755300 shares per day over the past 10 days. A total of 111.13M shares are outstanding, with a floating share count of 31.39M. Insiders hold about 74.36% of the company’s shares, while institutions hold 20.53% stake in the company. Shares short for NN as of 1715731200 were 12802666 with a Short Ratio of 12.90, compared to 1713139200 on 10356497. Therefore, it implies a Short% of Shares Outstanding of 12802666 and a Short% of Float of 18.75.

Earnings Estimates

The market rating of NextNav Inc (NN) is currently shaped by the ongoing analysis conducted by 2.0 analysts closely monitoring its performance.On average, analysts expect EPS of -$0.14 for the current quarter, with a high estimate of -$0.13 and a low estimate of -$0.16, while EPS last year was -$0.15. The consensus estimate for the next quarter is -$0.14, with high estimates of -$0.13 and low estimates of -$0.15.

Analysts are recommending an EPS of between -$0.67 and -$0.71 for the fiscal current year, implying an average EPS of -$0.69. EPS for the following year is -$0.47, with 2.0 analysts recommending between -$0.33 and -$0.62.

Revenue Estimates

According to 2 analysts, the current quarter’s revenue is expected to be $1.62M. It ranges from a high estimate of $2.05M to a low estimate of $1.2M. As of the current estimate, NextNav Inc’s year-ago sales were $800kFor the next quarter, 2 analysts are estimating revenue of $2.03M. There is a high estimate of $2.8M for the next quarter, whereas the lowest estimate is $1.26M.

A total of 2 analysts have provided revenue estimates for NN’s current fiscal year. The highest revenue estimate was $9.56M, while the lowest revenue estimate was $4.81M, resulting in an average revenue estimate of $7.19M. In the same quarter a year ago, actual revenue was $3.86MBased on 2 analysts’ estimates, the company’s revenue will be $17.03M in the next fiscal year. The high estimate is $18.75M and the low estimate is $15.3M.

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