Seeking to outpace the market, investors engage in the art of selecting individual stocks. The right picks can play a pivotal role in boosting your wealth.
The price of NextNav Inc (NASDAQ: NN) closed at $12.35 in the last session, down -2.91% from day before closing price of $12.72. In other words, the price has decreased by -$2.91 from its previous closing price. On the day, 0.86 million shares were traded.
Ratios:
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 5.01 and its Current Ratio is at 5.01. In the meantime, Its Debt-to-Equity ratio is 1.08 whereas as Long-Term Debt/Eq ratio is at 1.04.
Upgrades & Downgrades
In addition, analysts’ ratings and any changes thereto give investors an idea of the stock’s future direction. In the most recent recommendation for this company, B. Riley Securities on November 14, 2024, Reiterated its Buy rating but revised its target price to $20 from $12 previously.
On January 06, 2022, R. F. Lafferty started tracking the stock assigning a Buy rating and target price of $16.R. F. Lafferty initiated its Buy rating on January 06, 2022, with a $16 target price.
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 Dec 19 ’24 when Shams Sammaad sold 102 shares for $16.54 per share. The transaction valued at 1,687 led to the insider holds 60,695 shares of the business.
SAMMAAD SHAMS bought 102 shares of NN for $1,680 on Dec 19 ’24. On Dec 16 ’24, another insider, Raghupathy Arun, who serves as the Officer of the company, bought 3,332 shares for $18.32 each.
Valuation Measures:
For the stock, the TTM Price-to-Sale (P/S) ratio is 325.12 while its Price-to-Book (P/B) ratio in mrq is 24.02.
Stock Price History:
Over the past 52 weeks, NN has reached a high of $18.54, while it has fallen to a 52-week low of $3.55. The 50-Day Moving Average of the stock is -12.98%, while the 200-Day Moving Average is calculated to be 19.77%.
Shares Statistics:
A total of 127.55M shares are outstanding, with a floating share count of 57.79M. Insiders hold about 55.74% of the company’s shares, while institutions hold 37.00% stake in the company.
Earnings Estimates
The market rating for NextNav Inc (NN) is a result of the insights provided by 2.0 analysts actively involved in the assessment.The consensus estimate for the next quarter is $0, with high estimates of $0 and low estimates of $0.
Analysts are recommending an EPS of between -$0.72 and -$0.76 for the fiscal current year, implying an average EPS of -$0.74. EPS for the following year is -$0.46, with 2.0 analysts recommending between -$0.35 and -$0.57.
Revenue Estimates
According to 2 analysts, the current quarter’s revenue is expected to be $1.73M. It ranges from a high estimate of $1.77M to a low estimate of $1.68M. As of the current estimate, NextNav Inc’s year-ago sales were $1.21M
A total of 2 analysts have provided revenue estimates for NN’s current fiscal year. The highest revenue estimate was $5.53M, while the lowest revenue estimate was $5.44M, resulting in an average revenue estimate of $5.48M. In the same quarter a year ago, actual revenue was $3.86MBased on 2 analysts’ estimates, the company’s revenue will be $7.87M in the next fiscal year. The high estimate is $9.01M and the low estimate is $6.74M.
