Is NexGen Energy Stock a Good Investment?
NexGen Energy Investment Advice | NXE |
- Examine NexGen Energy's financial health by looking at its balance sheet, income statement, and cash flow statement. Analyze key financial ratios, such as Price-to-Earnings (P/E), Price-to-Sales (P/S), and Price-to-Book (P/B), to determine whether the stock is fairly valued or over/undervalued.
- Research NexGen Energy's leadership team and their track record. Good management can help NexGen Energy navigate difficult times and make strategic decisions that benefit shareholders and increases its net worth.
- Consider the overall health of the Oil, Gas & Consumable Fuels space and any emerging trends that could impact NexGen Energy's business and its evolving consumer preferences.
- Compare NexGen Energy's performance and market position to its competitors. Analyze how NexGen Energy is positioned in terms of product offerings, innovation, and market share.
- Check if NexGen Energy pays a dividend and its dividend yield and payout ratio.
- Review what financial analysts are saying about NexGen Energy's stock and their price targets. However, remember that analysts' opinions can vary, and their predictions may not always be accurate.
It's important to note that investing in NexGen Energy stock, carries risks, and you should carefully consider your investment goals and risk tolerance before making any investment decisions. Also, remember that it's important for investors to have a long-term perspective and a well-diversified portfolio to manage the impact of stock market volatility on their investments. Below is a detailed guide on how to decide if NexGen Energy is a good investment.
Sell | Buy |
Strong Buy
Market Performance | Solid | Details | |
Volatility | Somewhat reliable | Details | |
Hype Condition | Under hyped | Details | |
Current Valuation | Overvalued | Details | |
Odds Of Distress | Very Low | Details | |
Economic Sensitivity | Almost mirrors the market | Details | |
Investor Sentiment | Interested | Details | |
Analyst Consensus | Strong Sell | Details | |
Financial Strenth (F Score) | Poor | Details | |
Financial Leverage | Not Rated | Details | |
Reporting Quality (M-Score) | Unlikely Manipulator | Details |
Examine NexGen Energy Stock
Researching NexGen Energy's stock involves analyzing various aspects of the company and its industry to make an informed investment decision. The key areas to focus on are fundamentals, business model and competitive advantage. It is also important to analyze trends in revenue, net income, and cash flow, as well as key financial ratios, such as price-to-earnings (P/E), price-to-sales (P/S), and debt-to-equity (D/E). About 53.0% of the company shares are owned by institutional investors. The company last dividend was issued on the March 13, 2013.
To determine if NexGen Energy is a good investment, evaluating the company's potential for future growth is also very important. This may include expanding into new markets, launching new products or services, or improving operational efficiency. Companies with strong growth prospects can be more attractive investments. This aspect of the research should be conducted in the context of the overall market and industry in which the company operates and should include an analysis of growth potential, competitive landscape, and any regulatory or economic factors that could impact the business. Some of the essential points regarding NexGen Energy's research are outlined below:
| 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. | |
| NexGen Energy has a poor financial position based on the latest SEC disclosures | |
| Latest headline from gurufocus.com: Canadian Uranium Miners Face Challenges Amid U.S. Tariff Threats |
NexGen Energy uses earnings reports to provide investors with an update of all three financial statements, including the income statement, the balance sheet, and the cash flow statement. Therefore, it is also crucial when considering investing in NexGen Energy. Every quarterly earnings report provides investors with an overview of sales, expenses, and net income for the most recent period. It also may provide a comparison to NexGen Energy's previous reporting period. The quarterly earnings reports are usually disseminated to the public via Form 10-Q, which is a legal document filed with the Securities and Exchange Commission every quarter.
| 23rd of February 2024 Upcoming Quarterly Report | View | |
| 1st of May 2024 Next Financial Report | View | |
| 31st of December 2023 Next Fiscal Quarter End | View | |
| 23rd of February 2024 Next Fiscal Year End | View | |
| 30th of September 2023 Last Quarter Report | View | |
| 31st of December 2022 Last Financial Announcement | View |
Earnings surprises can significantly impact NexGen Energy's stock price both in the short term and over time. Negative earnings surprises usually result in a price decline. However, it has been seen that positive earnings surprises lead to an immediate rise in a stock's price and a gradual increase over time. This is why we often hear news about some companies beating earning projections. Financial analysts spend a large amount of time predicting earnings per share (EPS) along with other important future indicators. Many analysts use forecasting models, management guidance, and additional fundamental information to derive an EPS estimate. Below are the table of largest EPS Surprises NexGen Energy's investors have experienced.
| Reported | Fiscal Date | Estimated EPS | Reported EPS | Surprise | |||
|---|---|---|---|---|---|---|---|
2019-10-28 | 2019-09-30 | -0.03 | -0.0214 | 0.0086 | 28 | ||
2023-05-03 | 2023-03-31 | -0.02 | -0.01 | 0.01 | 50 | ||
2022-08-05 | 2022-06-30 | -0.03 | -0.02 | 0.01 | 33 | ||
2022-02-25 | 2021-12-31 | -0.02 | -0.03 | -0.01 | 50 | ||
2017-11-07 | 2017-09-30 | -0.01 | -0.02 | -0.01 | 100 | ||
2017-05-15 | 2017-03-31 | -0.01 | -0.02 | -0.01 | 100 | ||
2017-03-07 | 2016-12-31 | -0.01 | -0.02 | -0.01 | 100 | ||
2024-05-08 | 2024-03-31 | -0.04 | -0.06 | -0.02 | 50 |
Know NexGen Energy's Top Institutional Investors
Have you ever been surprised when a price of an equity instrument such as NexGen Energy is soaring high without any particular reason? This is usually happening because many institutional investors are aggressively trading NexGen Energy backward and forwards among themselves. NexGen Energy's institutional investor refers to the entity that pools money to purchase NexGen Energy's securities or originate loans. Institutional investors include commercial and private banks, credit unions, insurance companies, pension funds, hedge funds, endowments, and mutual funds. Operating companies that invest excess capital in these types of assets may also be included in the term and may influence corporate governance by exercising voting rights in their investments.
| Shares | Royal Bank Of Canada | 2024-06-30 | 5.5 M | Moore Capital Management, Lp | 2024-06-30 | 4.8 M | Connor Clark & Lunn Inv Mgmt Ltd | 2024-06-30 | 4.2 M | Ing Investment Management Llc | 2024-06-30 | 3.8 M | Waratah Capital Advisors Ltd | 2024-06-30 | 3.8 M | Morgan Stanley - Brokerage Accounts | 2024-06-30 | 3.3 M | Mirabella Financial Services Llp | 2024-06-30 | 3.3 M | Van Eck Associates Corporation | 2024-06-30 | 3.1 M | Bank Of America Corp | 2024-06-30 | 3.1 M | L1 Capital Pty Ltd | 2024-06-30 | 30.3 M | Mirae Asset Global Etfs Holdings Ltd. | 2024-06-30 | 28.6 M |
NexGen Energy's market capitalization trends
The company currently falls under 'Mid-Cap' category with a total capitalization of 4.7 B.Market Cap |
|
NexGen Energy's profitablity analysis
| Last Reported | Projected for Next Year | ||
| Return On Tangible Assets | 0.08 | 0.08 | |
| Return On Capital Employed | (0.08) | (0.09) | |
| Return On Assets | 0.08 | 0.08 | |
| Return On Equity | 0.10 | 0.10 |
Determining NexGen Energy's profitability involves analyzing its financial statements and using various financial metrics to determine if NexGen Energy is a good buy. For example, gross profit margin measures NexGen Energy's profitability after accounting for the cost of goods sold, while net profit margin measures profitability after accounting for all expenses. Other important metrics include return on assets, return on equity, and free cash flow. By reviewing multiple sources and metrics, you can gain a complete picture of NexGen Energy's profitability and make more informed investment decisions.
Please note, the presentation of NexGen Energy's financial position, as portrayed in its financial statements, is often influenced by management's estimates, judgments, and sometimes even manipulations. In the best case, NexGen Energy's management is honest, while the outside auditors are strict and uncompromising. Please utilize our Beneish M Score to check the likelihood of NexGen Energy's management manipulating its earnings.
Evaluate NexGen Energy's management efficiency
NexGen Energy has Return on Asset of (0.041) % which means that on every $100 spent on assets, it lost $0.041. This is way below average. In the same way, it shows a return on shareholders' equity (ROE) of 0.1583 %, implying that it generated $0.1583 on every 100 dollars invested. NexGen Energy's management efficiency ratios could be used to measure how well NexGen Energy manages its routine affairs as well as how well it operates its assets and liabilities. At present, NexGen Energy's Return On Assets are projected to increase slightly based on the last few years of reporting. The current year's Return On Equity is expected to grow to 0.10, whereas Return On Capital Employed is forecasted to decline to (0.09). At present, NexGen Energy's Other Current Assets are projected to increase significantly based on the last few years of reporting. The current year's Total Current Assets is expected to grow to about 322.3 M, whereas Tangible Asset Value is forecasted to decline to about 149.1 M.| Last Reported | Projected for Next Year | ||
| Book Value Per Share | 1.62 | 1.70 | |
| Tangible Asset Value | 167.7 M | 149.1 M | |
| Tangible Book Value Per Share | 1.62 | 1.70 | |
| Enterprise Value Over EBITDA | (54.37) | (57.09) | |
| Price Book Value Ratio | 5.71 | 3.78 | |
| Enterprise Value Multiple | (54.37) | (57.09) | |
| Price Fair Value | 5.71 | 3.78 | |
| Enterprise Value | 2.5 B | 2.7 B |
The management strategies employed by NexGen Energy's are designed to enhance shareholder value and ensure long-term growth. We assess the effectiveness of these strategies in our stock analysis.
Beta 1.758 |
Basic technical analysis of NexGen Stock
As of the 30th of November, NexGen Energy secures the Downside Deviation of 2.81, mean deviation of 2.24, and Risk Adjusted Performance of 0.1455. In connection with fundamental indicators, the technical analysis model lets you check existing technical drivers of NexGen Energy, as well as the relationship between them. Please verify NexGen Energy coefficient of variation, as well as the relationship between the treynor ratio and semi variance to decide if NexGen Energy is priced some-what accurately, providing market reflects its recent price of 8.44 per share. Given that NexGen Energy has jensen alpha of 0.4276, we recommend you to check NexGen Energy's last-minute market performance to make sure the company can sustain itself at a future point.NexGen Energy's Outstanding Corporate Bonds
NexGen Energy issues bonds to finance its operations. Corporate bonds make up one of the largest components of the U.S. bond market, which is considered the world's largest securities market. NexGen Energy uses the proceeds from bond sales for a wide variety of purposes, including financing ongoing mergers and acquisitions, buying new equipment, investing in research and development, buying back their own stock, paying dividends to shareholders, and even refinancing existing debt. Most NexGen bonds can be classified according to their maturity, which is the date when NexGen Energy has to pay back the principal to investors. Maturities can be short-term, medium-term, or long-term (more than ten years). Longer-term bonds usually offer higher interest rates but may entail additional risks.
| Boeing Co 2196 Corp BondUS097023DG73 | View | |
| HSBC Holdings PLC Corp BondUS404280DR76 | View | |
| MPLX LP 52 Corp BondUS55336VAL45 | View | |
| Morgan Stanley 3591 Corp BondUS61744YAK47 | View |
Understand NexGen Energy's technical and predictive indicators
Using predictive indicators to make investment decisions involves analyzing NexGen Energy's various financial and market-based factors to help forecast future trends and identify investment opportunities. Select the indicators that are most relevant to your investment strategy. Each indicator has its own strengths and weaknesses, so it's essential to combine multiple indicators to get a more comprehensive view of the market and reduce the risk of making poor decisions based on limited data.
| Risk Adjusted Performance | 0.1455 | |||
| Market Risk Adjusted Performance | 0.5934 | |||
| Mean Deviation | 2.24 | |||
| Semi Deviation | 2.31 | |||
| Downside Deviation | 2.81 | |||
| Coefficient Of Variation | 554.13 | |||
| Standard Deviation | 3.09 | |||
| Variance | 9.54 | |||
| Information Ratio | 0.1359 | |||
| Jensen Alpha | 0.4276 | |||
| Total Risk Alpha | 0.0318 | |||
| Sortino Ratio | 0.1495 | |||
| Treynor Ratio | 0.5834 | |||
| Maximum Drawdown | 15.97 | |||
| Value At Risk | (4.56) | |||
| Potential Upside | 4.99 | |||
| Downside Variance | 7.88 | |||
| Semi Variance | 5.35 | |||
| Expected Short fall | (2.70) | |||
| Skewness | 0.2071 | |||
| Kurtosis | 2.09 |
| Risk Adjusted Performance | 0.1455 | |||
| Market Risk Adjusted Performance | 0.5934 | |||
| Mean Deviation | 2.24 | |||
| Semi Deviation | 2.31 | |||
| Downside Deviation | 2.81 | |||
| Coefficient Of Variation | 554.13 | |||
| Standard Deviation | 3.09 | |||
| Variance | 9.54 | |||
| Information Ratio | 0.1359 | |||
| Jensen Alpha | 0.4276 | |||
| Total Risk Alpha | 0.0318 | |||
| Sortino Ratio | 0.1495 | |||
| Treynor Ratio | 0.5834 | |||
| Maximum Drawdown | 15.97 | |||
| Value At Risk | (4.56) | |||
| Potential Upside | 4.99 | |||
| Downside Variance | 7.88 | |||
| Semi Variance | 5.35 | |||
| Expected Short fall | (2.70) | |||
| Skewness | 0.2071 | |||
| Kurtosis | 2.09 |
Consider NexGen Energy's intraday indicators
NexGen Energy intraday indicators are useful technical analysis tools used by many experienced traders. Just like the conventional technical analysis, daily indicators help intraday investors to analyze the price movement with the timing of NexGen Energy stock daily movement. By combining multiple daily indicators into a single trading strategy, you can limit your risk while still earning strong returns on your managed positions.
NexGen Energy Corporate Filings
6K | 19th of November 2024 A report filed by foreign private issuers with SEC. A foreign private issuer is a non-U.S. company with securities traded on U.S. exchanges. | ViewVerify |
13A | 14th of November 2024 The form used by investors holding more than 5% of a company's stock, to report their beneficial ownership pursuant to Rule 13d-1 or Rule 13d-2 under the Securities Exchange Act of 1934 | ViewVerify |
| 5th of July 2024 Other Reports | ViewVerify |
NexGen Stock media impact
Far too much social signal, news, headlines, and media speculation about NexGen Energy that are available to investors today. That information is available publicly through NexGen media outlets and privately through word of mouth or via NexGen internal channels. However, regardless of the origin, that massive amount of NexGen data is challenging to quantify into actionable patterns, especially for investors that are not very sophisticated with ever-evolving tools and techniques used in the investment management field.
A primary focus of NexGen Energy news analysis is to determine if its current price reflects all relevant headlines and social signals impacting the current market conditions. A news analyst typically looks at the history of NexGen Energy relative headlines and hype rather than examining external drivers such as technical or fundamental data. It is believed that price action tends to repeat itself due to investors' collective, patterned thinking related to NexGen Energy's headlines and news coverage data. This data is often completely overlooked or insufficiently analyzed for actionable insights to drive NexGen Energy alpha.
NexGen Energy Sentiment by Major News Outlets
Investor sentiment, mood or attitude towards NexGen Energy can have a significant impact on its stock price or the market as a whole. This sentiment can be positive or negative, and various factors, such as economic indicators, news events, or market trends, can influence it. When investor sentiment is positive, investors are more likely to buy stocks, increasing demand and increasing the stock price. Positive investor sentiment can be driven by good news about the company or the broader market, such as solid earnings reports or positive economic data.
Note that negative investor sentiment can cause investors to sell stocks, leading to a decrease in demand and a drop in the stock price. Negative sentiment can be driven by factors such as poor earnings reports, negative news about the company or industry, or broader economic concerns. It's important to note that investor sentiment is just one of many factors that can affect stock prices. Other factors, such as company performance, industry trends, and global economic conditions, can also play a significant role in determining the value of a stock.
NexGen Energy Corporate Directors
| Warren Gilman | Independent Director | Profile | |
| Sybil Veenman | Independent Director | Profile | |
| Richard Patricio | Independent Director | Profile | |
| Brad Wall | Director | Profile |
Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in 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. For information on how to trade NexGen Stock refer to our How to Trade NexGen Stock guide.You can also try the Price Ceiling Movement module to calculate and plot Price Ceiling Movement for different equity instruments.
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.
Earnings Share 0.21 | Return On Assets (0.04) | Return On Equity 0.1583 |
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.
In summary, please note that there is a difference between NexGen Energy's value and its price, as these two are different measures arrived at by various 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.