Financial Survey: NextDecade (NEXT) and Its Competitors

NextDecade (NASDAQ:NEXT) is one of 1,052 publicly-traded companies in the “Oil, Gas & Consumable Fuels” industry, but how does it compare to its rivals? We will compare NextDecade to related companies based on the strength of its valuation, risk, earnings, profitability, analyst recommendations, dividends and institutional ownership.

Analyst Ratings

This is a breakdown of current ratings and price targets for NextDecade and its rivals, as provided by MarketBeat.

	Sell Ratings	Hold Ratings	Buy Ratings	Strong Buy Ratings	Rating Score
NextDecade	1	4	1	1	2.29
NextDecade Competitors	5789	26356	39874	2258	2.52

NextDecade currently has a consensus target price of $8.10, suggesting a potential upside of 12.66%. As a group, “Oil, Gas & Consumable Fuels” companies have a potential upside of 34.12%. Given NextDecade’s rivals stronger consensus rating and higher possible upside, analysts clearly believe NextDecade has less favorable growth aspects than its rivals.

Insider and Institutional Ownership

66.7% of NextDecade shares are owned by institutional investors. Comparatively, 30.6% of shares of all “Oil, Gas & Consumable Fuels” companies are owned by institutional investors. 2.6% of NextDecade shares are owned by insiders. Comparatively, 15.3% of shares of all “Oil, Gas & Consumable Fuels” companies are owned by insiders. Strong institutional ownership is an indication that endowments, large money managers and hedge funds believe a stock is poised for long-term growth.

Volatility & Risk

NextDecade has a beta of 1.55, indicating that its stock price is 55% more volatile than the S&P 500. Comparatively, NextDecade’s rivals have a beta of -3.72, indicating that their average stock price is 472% less volatile than the S&P 500.

Earnings and Valuation

This table compares NextDecade and its rivals gross revenue, earnings per share and valuation.

	Gross Revenue	Net Income	Price/Earnings Ratio
NextDecade	N/A	-$306.43 million	-5.29
NextDecade Competitors	$10.68 billion	$5.51 billion	1.13

NextDecade’s rivals have higher revenue and earnings than NextDecade. NextDecade is trading at a lower price-to-earnings ratio than its rivals, indicating that it is currently more affordable than other companies in its industry.

Profitability

This table compares NextDecade and its rivals’ net margins, return on equity and return on assets.

	Net Margins	Return on Equity	Return on Assets
NextDecade	N/A	-27.94%	-5.19%
NextDecade Competitors	-491.62%	4.79%	5.51%

Summary

NextDecade rivals beat NextDecade on 9 of the 13 factors compared.

About NextDecade

NextDecade Corp. is a development company.