Nexgen Energy Stock Buy Hold or Sell Recommendation
| NXE Stock | USD 5.34 0.19 3.44% |
Considering the 90-day investment horizon and your above-average risk tolerance, our recommendation regarding NexGen Energy is 'Hold'. Macroaxis provides NexGen Energy buy-hold-or-sell recommendation only in the context of selected investment horizon and investor attitude towards risk assumed by holding NXE positions.
Check out NexGen Energy Analyst Recommendation to compare Macroaxis Buy or Sell Recommendation with the current analyst consensus. To check ratings for multiple equity instruments, please use the Instant Ratings tool. For information on how to trade NexGen Stock refer to our How to Trade NexGen Stock guide. Note, we conduct extensive research on individual companies such as NexGen and provide practical buy, sell, or hold advice based on investors' constraints. NexGen Energy. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in interest.
NexGen |
Execute NexGen Energy Buy or Sell Advice
The NexGen recommendation should be used to complement the buy-or-sell advice compiled from the current analysts' consensus on NexGen Energy. Macroaxis does not own or have any residual interests in NexGen Energy or other equities on which the buy-or-sell advice is provided. Please provide your input below to execute NexGen Energy's advice using the current market data and latest reported fundamentals.
Time Horizon
Risk Tolerance
 |  |
Hold
Market Performance | Very Weak | Details | |
Volatility | Moderately volatile | Details | |
Hype Condition | Under hyped | Details | |
Current Valuation | Overvalued | Details | |
Odds Of Distress | Very Low | Details | |
Economic Sensitivity | Follows the market closely | Details | |
Investor Sentiment | Impartial | Details | |
Analyst Consensus | Strong Sell | Details | |
Financial Strenth (F Score) | Healthy | Details | |
Financial Leverage | Not Rated | Details | |
Reporting Quality (M-Score) | Unlikely Manipulator | Details |
NexGen Energy Trading Alerts and Improvement Suggestions
| NexGen Energy generated a negative expected return over the last 90 days | |
| NexGen Energy has high historical volatility and very poor performance | |
| NexGen Energy has about 167.27 M in cash with (52.62 M) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 0.35. | |
| Latest headline from news.google.com: Proactive Strategies - Stock Traders Daily |
NexGen Energy Returns Distribution Density
The distribution of NexGen Energy's historical returns is an attempt to chart the uncertainty of NexGen Energy's future price movements. The chart of the probability distribution of NexGen Energy daily returns describes the distribution of returns around its average expected value. We use NexGen Energy price's Value At Risk and its Upside Potential as a relative measure of the distribution. The graph of the distribution of NexGen Energy returns is essential to provide solid investment advice for NexGen Energy.
| Mean Return | -0.36 | Value At Risk | -5.5 | Potential Upside | 6.33 | Standard Deviation | 3.80 |
Return Density |
| Distribution |
Investment risk management requires an estimate of the probability of extreme price changes. Therefore, the correct representation of the distribution of NexGen Energy historical returns presented in an easy-to-digest graphical form helps investors and money managers understand the risk-reward trade-off of different investement strategies.
NexGen Stock Institutional Investors
| Shares | Mirae Asset Global Etfs Holdings Ltd. | 2024-12-31 | 35 M | L1 Capital Pty Ltd | 2024-12-31 | 27.4 M | Fmr Inc | 2024-12-31 | 11.3 M | Waratah Capital Advisors Ltd | 2024-12-31 | 5.9 M | Royal Bank Of Canada | 2024-12-31 | 5.4 M | Goldman Sachs Group Inc | 2024-12-31 | 3 M | Moore Capital Management, Lp | 2024-12-31 | 2.4 M | Azarias Capital Management, L.p. | 2024-12-31 | 2 M | Bank Of America Corp | 2024-12-31 | 2 M |
NexGen Energy Cash Flow Accounts
| 2020 | 2021 | 2022 | 2023 | 2024 | 2025 (projected) | ||
| Investments | (18.2M) | (46.7M) | (68.1M) | (95.3M) | (85.8M) | (81.5M) | |
| Change In Cash | 21.9M | 127.8M | (67.4M) | 156.3M | 179.7M | 188.7M | |
| Free Cash Flow | (28.9M) | (63.7M) | (20.5M) | (58.7M) | (52.8M) | (55.5M) | |
| Depreciation | 2.3M | 2.1M | 1.8M | 1.8M | 2.1M | 1.3M | |
| Other Non Cash Items | 90.9M | 75.6M | 4.3M | (146.3M) | (131.7M) | (125.1M) | |
| Capital Expenditures | 18.2M | 46.9M | 354K | 6.1M | 7.0M | 6.6M | |
| Net Income | (114.5M) | (126.9M) | (60.3M) | 70.2M | 63.2M | 66.3M | |
| End Period Cash Flow | 74.0M | 201.8M | 134.4M | 290.7M | 334.4M | 351.1M | |
| Change To Netincome | 2.0M | 96.4M | 100.2M | 34.7M | 40.0M | 27.5M |
NexGen Energy Greeks
Most traded equities are subject to two types of risk - systematic (i.e., market) and unsystematic (i.e., nonmarket or company-specific) risk. Unsystematic risk is the risk that events specific to NexGen Energy or Oil, Gas & Consumable Fuels sector will adversely affect the stock's price. This type of risk can be diversified away by owning several different stocks in different industries whose stock prices have shown a small correlation to each other. On the other hand, systematic risk is the risk that NexGen Energy's price will be affected by overall stock market movements and cannot be diversified away. So, no matter how many positions you have, you cannot eliminate market risk. However, you can measure a NexGen stock's historical response to market movements and buy it if you are comfortable with its volatility direction. Beta and standard deviation are two commonly used measures to help you make the right decision.
α | Alpha over Dow Jones | -0.37 | |
β | Beta against Dow Jones | 0.84 | |
σ | Overall volatility | 3.64 | |
Ir | Information ratio | -0.1 |
NexGen Energy Volatility Alert
NexGen Energy exhibits very low volatility with skewness of -0.44 and kurtosis of 3.98. Understanding different market volatility trends often help investors to time the market. Properly using volatility indicators enable traders to measure NexGen Energy's stock risk against market volatility during both bullish and bearish trends. The higher level of volatility that comes with bear markets can directly impact NexGen Energy's stock price while adding stress to investors as they watch their shares' value plummet. This usually forces investors to rebalance their portfolios by buying different financial instruments as prices fall.NexGen Energy Fundamentals Vs Peers
Comparing NexGen Energy's fundamentals to the average values of its peers is one of the most widely used and accepted methods of equity analyses. It helps to analyze NexGen Energy's direct or indirect competition across all of the common fundamentals between NexGen Energy and the related equities. This way, we can detect undervalued stocks with similar characteristics as NexGen Energy or determine the stocks which would be an excellent addition to an existing portfolio. Peer analysis of NexGen Energy's fundamental indicators could also be used in its relative valuation, which is a method of valuing NexGen Energy by comparing valuation metrics with those of similar companies.
| Better Than Average | Worse Than Average | Compare NexGen Energy to competition |
| Fundamentals | NexGen Energy | Peer Average |
| Return On Equity | 0.16 | -0.31 |
| Return On Asset | -0.041 | -0.14 |
| Current Valuation | 3.1 B | 16.62 B |
| Shares Outstanding | 565 M | 571.82 M |
| Shares Owned By Insiders | 8.10 % | 10.09 % |
| Shares Owned By Institutions | 52.53 % | 39.21 % |
| Number Of Shares Shorted | 58.87 M | 4.71 M |
| Price To Earning | (25.53) X | 28.72 X |
| Price To Book | 3.70 X | 9.51 X |
| EBITDA | (83.72 M) | 3.9 B |
| Net Income | 70.17 M | 570.98 M |
| Cash And Equivalents | 167.27 M | 2.7 B |
| Cash Per Share | 0.35 X | 5.01 X |
| Total Debt | 160.42 M | 5.32 B |
| Debt To Equity | 0.14 % | 48.70 % |
| Current Ratio | 12.68 X | 2.16 X |
| Book Value Per Share | 2.15 X | 1.93 K |
| Cash Flow From Operations | (52.62 M) | 971.22 M |
| Short Ratio | 7.99 X | 4.00 X |
| Earnings Per Share | 0.21 X | 3.12 X |
| Target Price | 5.31 | |
| Number Of Employees | 77 | 18.84 K |
| Beta | 1.84 | -0.15 |
| Market Capitalization | 3.17 B | 19.03 B |
| Total Asset | 1.01 B | 29.47 B |
| Retained Earnings | (304 M) | 9.33 B |
| Working Capital | 279.05 M | 1.48 B |
| Current Asset | 79.78 M | 9.34 B |
| Current Liabilities | 2.48 M | 7.9 B |
| Net Asset | 1.01 B |
Note: Discretionary transaction by Ubs Ag of tradable shares of NexGen Energy subject to Rule 16b-3 [view details]
NexGen Energy Market Momentum
Traders often use several daily momentume indicators to supplement a more traditional technical analysis when analyzing securities such as NexGen . With many different options, investors must choose the best indicators for them and familiarize themselves with how they work. We suggest combining traditional momentum indicators with more near-term forms of technical analysis such as Accumulation Distribution or Daily Balance Of Power. With their quantitative nature, daily value technical indicators can also be incorporated into your automated trading systems.
About NexGen Energy Buy or Sell Advice
When is the right time to buy or sell NexGen Energy? Buying financial instruments such as NexGen Stock isn't very hard. However, what challenging for most investors is doing it at the right time to beat the market. Proper market timing is something most people cannot do without sophisticated tools, which help to isolate the right opportunities. Macroaxis provides hands-on modules to deliver winning trades and diversify your portfolios on a daily basis. Most of our advising modules are very easy to use and apply.
Please read more on our stock advisor page.
Use Investing Ideas to Build Portfolios
In addition to having NexGen Energy in your portfolios, you can quickly add positions using our predefined set of ideas and optimize them against your very unique investing style. A single investing idea is a collection of funds, stocks, ETFs, or cryptocurrencies that are programmatically selected from a pull of investment themes. After you determine your investment opportunity, you can then find an optimal portfolio that will maximize potential returns on the chosen idea or minimize its exposure to market volatility.Did You Try This Idea?
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Check out NexGen Energy Analyst Recommendation to compare Macroaxis Buy or Sell Recommendation with the current analyst consensus. To check ratings for multiple equity instruments, please use the Instant Ratings tool. For information on how to trade NexGen Stock refer to our How to Trade NexGen Stock guide.You can also try the Risk-Return Analysis module to view associations between returns expected from investment and the risk you assume.
Is Oil, Gas & Consumable Fuels space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of NexGen Energy. If investors know NexGen will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about NexGen Energy listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
The market value of NexGen Energy is measured differently than its book value, which is the value of NexGen that is recorded on the company's balance sheet. Investors also form their own opinion of NexGen Energy's value that differs from its market value or its book value, called intrinsic value, which is NexGen Energy's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because NexGen Energy's market value can be influenced by many factors that don't directly affect NexGen Energy's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
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. Investors typically determine if NexGen Energy is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. 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.