is nexgen energy a good investment

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Growth Style - Learn more about the Growth Style. NASDAQ data is at least 15 minutes delayed. Seeing how a company makes use of its equity, and the return generated on it, is an important measure to look at. Russia Ignites West's Battle for Energy Independence. Financial Juice Only Zacks Rank stocks included in Zacks hypothetical portfolios at the beginning of each month are included in the return calculations. A simple, equally-weighted average return of all Zacks Rank stocks is calculated to determine the monthly return. A higher number means the company has more debt to equity, whereas a lower number means it has less debt to equity. StockTwits With 12 weeks representing a meaningful part of a year, this time period will show whether a stock has been enjoying strong investor demand, or if it's in consolidation, or distress. Looking for new stock ideas? On average, they anticipate NexGen Energy's share price to reach $9.75 in the next year. At the center of everything we do is a strong commitment to independent research and sharing its profitable discoveries with investors. This measure is expressed as a percentage. The Price to Sales ratio or P/S is calculated as price divided by sales. A P/B of 0.5 means its selling at half its book value. This includes personalizing content and advertising. One of the reasons why some investors prefer the P/CF ratio over the P/E ratio is because the net income of the cash flow portion rightly adds depreciation and amortization back in since these are not cash expenditures. Value investors will typically look for stocks with P/E ratios under 20, while growth investors and momentum investors are often willing to pay much more. One share of NXE stock can currently be purchased for approximately $4.36. Cash Flow is net income plus depreciation and other non-cash charges. So the PEG ratio tells you what you're paying for each unit of earnings growth. It is used to help gauge a company's financial health. So be sure to compare it to its group when comparing stocks in different industries. Shareholder Equity (which is the difference between Total Assets and Total Liabilities) can be found on the Balance Sheet. The X Industry values displayed in this column are the median values for all of the stocks within their respective industry. It is the most commonly used metric for determining a company's value relative to its earnings. World leaders must find new sources of minerals, such as copper, essential to their transition to energy independence. Real time prices by BATS. The Earnings Yield (also known as the E/P ratio) measures the anticipated yield (or return) an investment in a stock could give you based on the earnings and the price paid. 326 E 8th St #105, Sioux Falls, SD 57103 | contact@marketbeat.com | (844) 978-6257 The monthly returns are then compounded to arrive at the annual return. That means you want to buy stocks with a Zacks Rank #1 or #2, Strong Buy or Buy, which also has a Score of an A or a B. Harrison & Partners Inc (0.16%), Exane Derivatives (0.13%), Great Valley Advisor Group Inc. (0.03%), Vontobel Holding Ltd. (0.01%) and Cambridge Investment Research Advisors Inc. (0.00%). Get short term trading ideas from the MarketBeat Idea Engine. Visit Performance Disclosure for information about the performance numbers displayed above. There are 17 Sectors, 60 different M Industries, and 265 X Industries. Identify stocks that meet your criteria using seven unique stock screeners. A value under 20 is generally considered good. Others look for those that have lagged the market, believing those are the ones ripe for the biggest increases to come. Return on Equity (or ROE) is calculated as income divided by average shareholder equity (past 12 months, including reinvested earnings). But they all have their place in the Growth style. Our testing substantiates this with the optimum range for price performance between 0-20. Cash Flow per share ($/share) calculates the amount of incoming cash vs. the amount of outgoing cash for a company. NexGen Energy's stock was trading at $4.10 on January 1st, 2022. View analysts' price targets for NexGen Energy or view top-rated stocks among Wall Street analysts. Nexgen Energy Ltd stock advanced on Thursday. A 'good' number would usually fall within the range of 1.5 to 3. After the P/E ratio, it's one of the most common valuation metrics. The 4 week price change is a good reference point for the individual stock and how it's performed in relation to its peers. The Zacks Industry Rank assigns a rating to each of the 265 X (Expanded) Industries based on their average Zacks Rank. The (F1) EPS Estimate Monthly Change calculates the percentage change in the consensus earnings estimate for the current year (F1) over the last 4 weeks. NexGen Energy does not currently pay a dividend. Twitter ZacksTrade does not endorse or adopt any particular investment strategy, any analyst opinion/rating/report or any approach to evaluating indiv idual securities. Although Nexgen Energy's alpha and beta are two of the key measurements used to evaluate Nexgen Energy's performance over the market, the standard measures of volatility play an important role as well. Putin's invasion of Ukraine has revealed the West's dependence on Russia for their energy needs. ROE is always expressed as a percentage. A change in margin can reflect either a change in business conditions, or a company's cost controls, or both. The industry with the worst average Zacks Rank (265 out of 265) would place in the bottom 1%. Like most ratios, this number will vary from industry to industry. A strong weekly advance (especially when accompanied by increased volume) is a sought after metric for putting potential momentum stocks onto one's radar. Based on aggregate information from My MarketBeat watchlists, some companies that other NexGen Energy investors own include Cameco (CCJ), Cameco (CCO), Ampio Pharmaceuticals (AMPE), Great Panther Mining (GPL), Trevena (TRVN), Denison Mines (DNN), Gold Resource (GORO), Vista Gold (VGZ), Advanced Micro Devices (AMD) and Avino Silver & Gold Mines (ASM). Researching stocks has never been so easy or insightful as with the ZER Analyst and Snapshot reports. Earnings for NexGen Energy are expected to grow in the coming year, from ($0.05) to ($0.04) per share. The Price to Earnings ratio or P/E is price divided by earnings. Many investors prefer EV to just Market Cap as a better way to determine the value of a company. NexGen Energy's mailing address is 1021 WEST HASTINGS STREET, VANCOUVER A1, V6E0C3. YouTube, American Consumer News, LLC dba MarketBeat 2010-2022. The 1 Week Price Change displays the percentage price change over the last 5 trading days using the most recently completed close to the close from 5 days before. Learn more about MarketBeat. The company reported ($0.01) earnings per share for the quarter, hitting analysts' consensus estimates of ($0.01). Conventional wisdom says that a PEG ratio of 1 or less is considered good (at par or undervalued to its growth rate). Information is provided 'as-is' and solely for informational purposes, not for trading purposes or advice, and is delayed. NexGen Energy trades on the New York Stock Exchange (NYSE)AMERICAN under the ticker symbol "NXE.". But when compared to its growth rate, it does't have the earnings growth to justify its P/E. One of the reasons some investors prefer the P/S ratio over other metrics like the P/E ratio is because sales are harder to manipulate on an income statement than earnings. 7 Mid-Cap Stocks That Can be the Perfect Fit at Any Time, 7 Blue-Chip Dividend Stocks That Wont be Impacted by Rising Interest Rates, 7 Stocks with the Pricing Power to Push Through High Inflation, 10 Recession-Proof Stocks That Will Let You Wait Out the Bear, 7 Dividend Aristocrats to Help You Take the Bite Out of the Bear, 7 Dividend Stocks That Earn 10% Every Month, 7 Commodities ETFs to Help Build a Hedge Against Inflation, 7 Stagflation Stocks to Help Navigate Periods of Low Growth, 7 Dividend Stocks to Buy When Safety is Your Top Priority, 7 Agricultural Technology Stocks to Buy as Commodity Prices Remain Volatile, 7 NFT Related Stocks That Are Helping to Drive This Trend. The ever popular one-page Snapshot reports are generated for virtually every single Zacks Ranked stock. The current trade recommendation is based on an ongoing consensus estimate among, Unlike general analyst consensus, Macroaxis buy hold or sell recommendation is provided in the context of your current investment horizon and risk tolerance. If a company's net margin is 15%, for example, that means its net income (or profit) is 15 cents for every $1 of sales the company makes. For one, part of trading is being able to get in and out of a stock easily. It's used by investors as a measure of financial health. Whether youre looking for analyst ratings, corporate buybacks, dividends, earnings, economic reports, financials, insider trades, IPOs, SEC filings or stock splits, MarketBeat has the objective information you need to analyze any stock. Within each Score, stocks are graded into five groups: A, B, C, D and F. As you might remember from your school days, an A, is better than a B; a B is better than a C; a C is better than a D; and a D is better than an F. As an investor, you want to buy stocks with the highest probability of success. While earnings are the driving metric behind stock prices, there wouldn't be any earnings to calculate if there weren't any sales to begin with. It allows the user to better focus on the stocks that are the best fit for his or her personal trading style. That does not mean that all companies with large growth rates will have a favorable Growth Score. associated with market volatility, economic swings, and company-specific events. The company can be reached via phone at (604) 428-4112, via email at tmcpherson@nxe-energy.ca, or via fax at 604-259-0321. Using this item along with the 'Current Cash Flow Growth Rate' (in the Growth category above), and the 'Price to Cash Flow ratio' (several items above in this same Value category), will give you a well-rounded indication of the amount of cash they are generating, the rate of their cash flow growth, and the stock price relative to its cash flow. 30% of Nexgen Energy, What are Nexgen Energy's target price odds to finish over the current price? * indicates the important links in the menu. MarketBeat does not provide personalized financial advice and does not issue recommendations or offers to buy stock or sell any security. Earnings estimate revisions are the most important factor influencing stocks prices. Nexgen Energy Ltd stock advanced on Friday. It's another great way to determine whether a company is undervalued or overvalued with the denominator being cash flow. Compare Top Brokerages Here. are strong. And, of course, the 4 week change helps put the 1 week change into context. It measures a company's ability to pay short-term obligations. The danger of trading Nexgen Energy is mainly related to its, When running Nexgen Energy price analysis, check to, Is Nexgen Energy's industry expected to grow? Since 1988 it has more than doubled the S&P 500 with an average gain of +24.90% per year. Zacks Industry Rank Education -- Learn more about the Zacks Industry Rank. The advice algorithm takes into account all of Nexgen Energy's available fundamental, technical, and predictive indicators. This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply. Their NXE stock forecasts range from $9.00 to $10.75. This is useful for obvious reasons, but can also put the current day's intraday gains into better context by knowing if the recently completed trading day was up or down. This is our short term rating system that serves as a timeliness indicator for stocks over the next 1 to 3 months. Copyright 2022 Zacks Investment Research | 10 S Riverside Plaza Suite #1600 | Chicago, IL 60606. NexGen Energy has received no research coverage in the past 90 days. Cash flow itself is an important item on the income statement. NexGen Energy has received a consensus rating of Buy. Latest headline from ca.finance.yahoo.com. The financial health and growth prospects of NXE, demonstrate its potential to underperform the market. The 1 week price change reflects the collective buying and selling sentiment over the short-term. View, Harley Davidson stock boosted by earnings beat - Yahoo Canada Finance, Check Nexgen Energy Probability Of Bankruptcy, measure Nexgen Energy's market volatility, predict the probability of Nexgen Energy's future price movements, The company reported the last year's revenue of 3.27, Roughly 16.0% of the company outstanding shares are owned by corporate. Zacks Rank Education - Learn about the Zacks Rank, Zacks Rank Home - Zacks Rank resources in one place, Zacks Premium - The only way to fully access the Zacks Rank. This allows the investor to be as broad or as specific as they want to be when selecting stocks. This list of both classic and unconventional valuation items helps separate which stocks are overvalued, rightly lowly valued, and temporarily undervalued which are poised to move higher. For example, a regional bank would be classified in the Finance Sector. This is a longer-term price change metric. As a point of reference, over the last 10 years, the median sales growth for the stocks in the S&P 500 was 14%. It's an integral part of the Zacks Rank and a critical part in effective stock evaluation. NYSE and AMEX data is at least 20 minutes delayed. Top institutional investors include Russell Investments Group Ltd. (0.51%), K.J. Note; companies will typically sell for more than their book value in much the same way that a company will sell at a multiple of its earnings. NexGen Energy does not have a long track record of dividend growth. This dedication to giving investors a trading advantage led to the creation of our proven Zacks Rank stock-rating system. A value greater than 1, in general, is not as good (overvalued to its growth rate). Also, by looking at the rate of this item, rather than the actual dollar value, it makes for easier comparisons across the industry and peers. The web link between the two companies is not a solicitation or offer to invest in a particular security or type of security. MarketBeat All Access subscribers can access stock screeners, the Idea Engine, data export tools, research reports, and other premium tools. Traditionally, investors would look at the stock with the lower P/E and deem it a bargain. In the past three months, NexGen Energy insiders have not sold or bought any company stock. Has NexGen Energy (NXE) Outpaced Other Basic Materials Stocks This Year? It also includes an industry comparison table to see how your stock compares to its expanded industry, and the S&P 500. The 20 Day Average Volume is the average daily trading volume over the last 20 trading days. The Price to Cash Flow ratio or P/CF is price divided by its cash flow per share. Investors will always prefer to have the highest possible return on investment while minimizing volatility. In short, this is how much a company is worth. By creating a free account, you agree to our, Jeff Clark warned everyone: DO NOT buy Tesla, Apple, Bitcoin, or Amazon. The Zacks database contains over 10,000 stocks. Seeing a company's projected sales growth instantly tells you what the outlook is for their products and services. When evaluating a stock, it can be useful to compare it to its industry as a point of reference. This suggests a possible upside of 123.6% from the stock's current price. While the hover-quote on Zacks.com, as well as the various tables, displays the delayed intraday quote and price change, this display shows the daily change as of the most recently completed trading day. MarketRank is calculated as an average of available category scores, with extra weight given to analysis and valuation. Since then, NXE stock has increased by 6.3% and is now trading at $4.36. Regardless of the many ways investors use this item, whether looking at a stock's price change, an index's return, or a portfolio manager's performance, this time-frame is a common judging metric in the financial industry. The (F1) EPS Estimate Weekly Change calculates the percentage change in the consensus earnings estimate for the current year (F1) over the last week. Your current horizon is 90 days -, Nexgen Energy (NXE) is traded on New York Stock Exchange in USA and employs 43 people. There are currently 3 buy ratings for the stock. Zacks Rank stock-rating system returns are computed monthly based on the beginning of the month and end of the month Zacks Rank stock prices plus any dividends received during that particular month. It currently has a Growth Score of B. While our testing has found that a P/S ratio of <2 is the optimum range for returns, be sure to compare this ratio to its respective industry. But, it's made even more meaningful when looking at the longer-term 4 week percent change. If a company's expenses are growing faster than their sales, this will reduce their margins. Only 24.25% of the stock of NexGen Energy is held by institutions. 3 Wall Street analysts have issued 12 month price objectives for NexGen Energy's stock. However, Nexgen Energy's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party. In this case, it's the cash flow growth that's being looked at. Instead of getting caught up buying overpriced tech stocks for devastating negative returns Get analysis of equity chance of financial distress in the next 2 years, You need to understand the risk of investing before taking a position in Nexgen Energy. The Style Scores are a complementary set of indicators to use alongside the Zacks Rank. The company has 476.81, Analysts covering Nexgen Energy report their recommendations after researching Nexgen Energy's financial statements, talking to executives and customers, or listening in on Nexgen Energy's conference calls. Debt to Equity (or D/E ratio) is total liabilities divided by total shareholder equity. If you wish to go to ZacksTrade, click OK. Has Alpha Metallurgical (AMR) Outpaced Other Basic Materials Stocks This Year? Visit www.zacksdata.com to get our data and content for your mobile app or website. If, on the other hand, it went from $1.00 to 90 cents, that would be a -10% change in the consensus estimate revision. The respective items are ranked and graded into five groups: A, B, C, D and F. An A is better than a B; a B is better than a C; a C is better than a D; and a D is better than an F. As an investor, you want to buy stocks with the highest probability of success. So it's a good idea to compare a stock's debt to equity ratio to its industry to see how it stacks up to its peers first. This shows the percentage of profit a company earns on its sales. Twitter's Up For Third Week In A Row: What's Next For The Stock? If a stock's Q1 estimate revision decreases leading up to its earnings release, that's usually a negative sign, whereas an increase is typically a positive sign. Some investors seek out stocks with the best percentage price change over the last 52 weeks, expecting that momentum to continue. Nexgen Energy market risk premium is the additional return an investor will receive from holding Nexgen Energy long position in a well-diversified portfolio. To learn more, click here. Please note, there is a significant difference between Nexgen Energy's value and its price as these two are different measures arrived at by different means. Sign-up to receive the latest news and ratings for NexGen Energy and its competitors with MarketBeat's FREE daily newsletter. The Colgate-Palmolive Growth Outlook Brightens, Deep Value High Yield Newell Brands Is Ready To Bottom, These Stocks Outperformed Last Time There Was A Recession, Inflation Resistant Weyerhaeuser Company Might Get Cheaper, Use These To Find Your Stocks Support and Resistance Levels. Since bonds and stocks compete for investors' dollars, a higher yield typically needs to be paid to the stock investor for the extra risk being assumed vs. the virtual risk-free investment offered in U.S.-backed Treasuries. The Daily Price Change displays the day's percentage price change using the most recently completed close. Enterprise Value / Earnings Before Interest, Taxes, Depreciation and Amortization is a valuation metric used to measure a company's value and is helpful in comparing one stock to another. Zacks Style Scores Education - Learn more about the Zacks Style Scores. No say on pay? Its Value Score of F indicates it would be a bad pick for value investors. View our full suite of financial calendars and market data tables, all for free. 3 Earnings Announcements That Could Surprise. Want to see which stocks are moving? Best Momentum Stocks to Buy for March 24th. This time period essentially shows you how the consensus estimate has changed from the time of their last earnings report. The Current Ratio is defined as current assets divided by current liabilities. The analyzed items go beyond simple trend analysis. NexGen Energy has a P/B Ratio of 5.55. A higher number means the more debt a company has compared to its capital structure. Many other growth items are considered as well. For example, a cash/price ratio, or cash yield, of .08 suggests an 8% return or 8 cents for every $1 of investment. The company earns $-95,020,000.00 in net income (profit) each year or ($0.12) on an earnings per share basis. The VGM score is based on the trading styles of Growth, VAlue, and Momentum. NexGen Energy employs 43 workers across the globe. This ratio essentially compares the P/E to its growth rate, thus, for many, telling a more complete story than just the P/E ratio alone. Each of the company logos represented herein are trademarks of Microsoft Corporation; Dow Jones & Company; Nasdaq, Inc.; Forbes Media, LLC; Investor's Business Daily, Inc.; and Morningstar, Inc. MarketBeat empowers individual investors to make better trading decisions by providing real-time financial data and objective market analysis. At the center of the CAPM is the concept of risk and reward, which is usually communicated by investors using alpha and beta measures. View which stocks are hot on social media with MarketBeat's trending stocks report. So, when comparing one stock to another in a different industry, it's best make relative comparisons to that stock's respective industry values. Within the VGM Score, stocks are graded into five groups: A, B, C, D and F. As you might remember from your school days, an A is better than a B; a B is better than a C; a C is better than a D; and a D is better than an F. As an investor, you want to buy srocks with the highest probability of success. The company's average rating score is 3.00, and is based on 3 buy ratings, no hold ratings, and no sell ratings. Like earnings, a higher growth rate is better than a lower growth rate. It's packed with all of the company's key stats and salient decision making information. A rising stock on above average volume is typically a bullish sign whereas a declining stock on above average volume is typically bearish. In general, the lower the ratio is the better. Nexgen Energy Ltd stock gained on Wednesday. Since cash can't be manipulated like earnings can, it's a preferred metric for analysts. The consensus among Wall Street equities research analysts is that investors should "buy" NexGen Energy stock. The Cash/Price ratio is calculated as cash and marketable securities per share divided by the stock price. Within the Finance Sector, it would fall into the M Industry of Banks & Thrifts. As the name suggests, it's calculated as sales divided by assets. By continuing to use our site, you accept our use of cookies, revised Privacy Policy and Terms of Service. The industry with the best average Zacks Rank would be considered the top industry (1 out of 265), which would place it in the top 1% of Zacks Ranked Industries. Like the P/E ratio, a lower number is considered better. Or is there an opportunity to expand the business' product line in the future? View the best growth stocks for 2022 here. The 52 Week Price Change displays the percentage price change over the most recently completed 52 weeks (260 trading days). The change is made all the more important the closer proximity it is to the stock's earnings date since it is generally believed that the most recent estimates are the most accurate since it's using the most up-to-date information leading up to the report. Ideally, an investor would like to see a positive EPS change percentage in all periods, i.e., 1 week, 4 weeks, and 12 weeks. Like the earnings yield, which shows the anticipated yield (or return) on a stock based on the earnings and the price paid, the cash yield does the same, but with cash being the numerator instead of earnings. In this example, we are using the consensus earnings estimate for the Current Fiscal Year (F1). EBITDA, as the acronym depicts, is earnings before interest, taxes, depreciation and amortization. If the volume is too light, in absolute terms or for a relatively large position, it could be difficult to execute a trade. Best Momentum Stocks to Buy for March 8th, NexGen Energy (NXE) Jumps: Stock Rises 6.5%. NexGen Energy is scheduled to release its next quarterly earnings announcement on Wednesday, August 10th 2022. It's then divided by the number of shares outstanding to determine how much cash is generated per share. But note, different industries have different margin rates that are considered good. Investors use this metric to determine how a company's stock price stacks up to its intrinsic value. All of those stocks are classified into three groups: Sector, M Industry and X Industry. View our earnings forecast for NexGen Energy. While the F1 consensus estimate and revision is a key driver of stock prices, the Q1 consensus is an important item as well, especially over the short-term, and particularly as a stock approaches its earnings date. Since there is a fair amount of discretion in what's included and not included in the 'ITDA' portion of this calculation, it is considered a non-GAAP metric. Zacks Ranks stocks can, and often do, change throughout the month. So, as with other valuation metrics, it's a good idea to compare it to its relevant industry. Current Cash Flow Growth measures the percent change in the year over year Cash Flow. The Zacks Equity Research reports, or ZER for short, are our in-house, independently produced research reports. A sales/assets ratio of 2.50 means the company generated $2.50 in revenue for every $1.00 of assets on its books. Cash Flow is a measurement of a company's health. Volume is a useful item in many ways. The Sales to Assets ratio (or Sales to Total Assets or S/TA for short) shows how much sales are generated from a company's assets. P/B Ratios above 3 indicate that a company could be overvalued with respect to its assets and liabilities. ZacksTrade and Zacks.com are separate companies. The P/E ratio of NexGen Energy is -35.58, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings. This is a medium-term price change metric (like the 4 week price change). The VGM Score are a complementary set of indicators to use alongside the Zacks Rank. Debt to Capital (or D/C ratio) is the fraction of debt (including mortgages and long-term leases) to long-term capitalization. In addition, NexGen Energy has a VGM Score of C (this is a weighted average of the individual Style Scores which allow you to focus on the stocks that best fit your personal trading style). And margin rates can vary significantly across these different groups. As they say, 'price follows volume'. While the one year change shows the current conditions, the longer look-back period shows how this metric has changed over time and helps put the current reading into proper perspective. Trading only ONE stock, over and over again. Seeing a stock's EPS change over 1 week is important. See rankings and related performance below. The (F1) EPS Estimate Quarterly Change calculates the percentage change in the consensus earnings estimate for the current year (F1) over the last 12 weeks. The (Q1) EPS Estimate Monthly Change calculates the percentage change in the consensus earnings estimate for the current quarter (Q1) over the last 4 weeks. See what's happening in the market right now with MarketBeat's real-time news feed. Certain Zacks Rank stocks for which no month-end price was available, pricing information was not collected, or for certain other reasons have been excluded from these return calculations. NexGen Energy Ltd., an exploration and development stage company, engages in the acquisition, exploration, and evaluation and development of uranium properties in Canada. There's also a VGM Score ('V' for Value, 'G' for Growth and 'M' for Momentum), which combines the weighted average of the individual style scores into one score. Sign in to your free account to enjoy all that MarketBeat has to offer. Get daily stock ideas from top-performing Wall Street analysts. That means you want to buy stocks with a Zacks Rank #1 or #2, Strong Buy or Buy, which also has a Score of an A or a B in your personal trading style.

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