Nextplat Corp Stock Today

NXPL Stock  USD 0.85  0.06  6.59%   

Performance

0 of 100

 
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Odds Of Distress

Less than 37

 
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Below Average
Nextplat Corp is selling for 0.85 as of the 28th of November 2024. This is a 6.59% down since the beginning of the trading day. The stock's lowest day price was 0.82. Nextplat Corp has about a 37 percent probability of financial distress in the next few years of operation and has generated negative returns over the last 90 days. Equity ratings for Nextplat Corp are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 29th of October 2024 and ending today, the 28th of November 2024. Click here to learn more.
Business Domain
Software & Services
IPO Date
4th of January 2016
Category
Technology
Classification
Information Technology
NextPlat Corp, together with its subsidiaries, provides mobile satellite services solutions for satellite-enabled voice, data, personnel and asset tracking, machine-to-machine, and Internet of Things connectivity services in the United States and internationally. The company has 25.96 M outstanding shares of which 22.21 K shares are now shorted by private and institutional investors with about 0.52 trading days to cover. More on Nextplat Corp

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Nextplat Stock Highlights

CEO PresidentDavid Phipps
Thematic Ideas
Showing 3 out of 6 themes
Business ConcentrationApplication Software, Software - Application, Information Technology, NASDAQ Composite, Computers, Communication Services, ISP, Software, Data Storage, Wireless, Information Technology, Software, Software—Application, Technology, Cloud Computing (View all Sectors)
Financial Strength
Current ValueLast YearChange From Last Year 10 Year Trend
Asset Turnover1.070.5856
Way Up
Slightly volatile
Gross Profit Margin0.370.2996
Fairly Up
Pretty Stable
Total Current Liabilities14.9 M14.2 M
Sufficiently Up
Slightly volatile
Total Assets67.7 M64.5 M
Sufficiently Up
Slightly volatile
Total Current Assets45.8 M43.6 M
Sufficiently Up
Slightly volatile
Debt Levels
Nextplat Corp can leverage the use of borrowed funds to amplify returns from an investment. In general, analyzing the relationship between debt to total assets helps investors to understand Nextplat Corp's financial leverage. It provides some insight into what part of Nextplat Corp's total assets is financed by creditors.
Liquidity
Nextplat Corp currently holds 3.01 M in liabilities with Debt to Equity (D/E) ratio of 0.05, which may suggest the company is not taking enough advantage from borrowing. Nextplat Corp has a current ratio of 14.85, suggesting that it is liquid enough and is able to pay its financial obligations when due. Note, when we think about Nextplat Corp's use of debt, we should always consider it together with its cash and equity.

Depreciation

2.65 Million
Nextplat Corp (NXPL) is traded on NASDAQ Exchange in USA. It is located in 3250 Mary Street, Coconut Grove, FL, United States, 33133 and employs 142 people. Nextplat Corp is listed under Application Software category by Fama And French industry classification. The company currently falls under 'Micro-Cap' category with a current market capitalization of 23.66 M. Nextplat Corp conducts business under Software sector and is part of Information Technology industry. The entity has 25.96 M outstanding shares of which 22.21 K shares are now shorted by private and institutional investors with about 0.52 trading days to cover. Nextplat Corp currently holds about 20.47 M in cash with (3.6 M) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 2.15, which can makes it an attractive takeover target, given it will continue generating positive cash flow.
Check Nextplat Corp Probability Of Bankruptcy
Ownership Allocation
Nextplat Corp maintains a total of 25.96 Million outstanding shares. Nextplat Corp holds significant amount of outstanding shares owned by insiders. An insider is usually defined as a CEO, other corporate executive, director, or institutional investor who own at least 10% of the company's outstanding shares. Please note that no matter how many assets the company has, if the real value of the firm is less than the current market value, you may not be able to make money on it.
Check Nextplat Ownership Details

Nextplat Stock Institutional Holders

InstituionRecorded OnShares
Wells Fargo & Co2024-06-30
0.0
Jpmorgan Chase & Co2024-06-30
0.0
Blackrock Inc2024-06-30
0.0
Geode Capital Management, Llc2024-09-30
107.1 K
Vanguard Group Inc2024-09-30
74.8 K
Cresset Asset Management, Llc2024-09-30
50 K
State Street Corp2024-06-30
25.7 K
Citadel Advisors Llc2024-09-30
25.6 K
Susquehanna International Group, Llp2024-06-30
18.5 K
Tower Research Capital Llc2024-06-30
6.5 K
Royal Bank Of Canada2024-06-30
109
View Nextplat Corp Diagnostics

Nextplat Corp Historical Income Statement

At this time, Nextplat Corp's Cost Of Revenue is quite stable compared to the past year. Selling General Administrative is expected to rise to about 3.1 M this year, although the value of Operating Income is projected to rise to (8.9 M). View More Fundamentals

Nextplat Stock Against Markets

Nextplat Corp Corporate Management

Robert CPAChief OfficerProfile
CPA PhillipChief OfficerProfile
Theresa CarliseController, OfficerProfile
Douglas EllenoffChief ChairmanProfile
Charles FernandezCEO ChairmanProfile
Cecile MunnikChief OfficerProfile
When determining whether Nextplat Corp is a strong investment it is important to analyze Nextplat Corp's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact Nextplat Corp's future performance. For an informed investment choice regarding Nextplat Stock, refer to the following important reports:
Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Nextplat Corp. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in american community survey.
For more information on how to buy Nextplat Stock please use our How to buy in Nextplat Stock guide.
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Is Application Software 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 Nextplat Corp. If investors know Nextplat 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 Nextplat Corp listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share
(0.68)
Revenue Per Share
3.541
Quarterly Revenue Growth
4.745
Return On Assets
(0.12)
Return On Equity
(0.59)
The market value of Nextplat Corp is measured differently than its book value, which is the value of Nextplat that is recorded on the company's balance sheet. Investors also form their own opinion of Nextplat Corp's value that differs from its market value or its book value, called intrinsic value, which is Nextplat Corp'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 Nextplat Corp's market value can be influenced by many factors that don't directly affect Nextplat Corp'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 Nextplat Corp's value and its price as these two are different measures arrived at by different means. Investors typically determine if Nextplat Corp is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Nextplat Corp'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.