NextDecade (NASDAQ:NEXT) Shares Down 4.5% – What’s Next?

Posted by Jeff Wilder on Mar 5th, 2025

NextDecade Co. (NASDAQ:NEXT – Get Free Report)’s stock price was down 4.5% during trading on Wednesday . The stock traded as low as $7.34 and last traded at $7.42. Approximately 137,015 shares changed hands during mid-day trading, a decline of 92% from the average daily volume of 1,818,727 shares. The stock had previously closed at $7.77.

NextDecade Stock Performance

The stock has a 50 day simple moving average of $8.02 and a 200 day simple moving average of $6.60. The company has a quick ratio of 0.49, a current ratio of 0.49 and a debt-to-equity ratio of 3.17. The company has a market cap of $1.92 billion, a price-to-earnings ratio of -6.61 and a beta of 1.18.

NextDecade (NASDAQ:NEXT – Get Free Report) last announced its earnings results on Thursday, February 27th. The company reported ($1.86) EPS for the quarter, missing the consensus estimate of ($0.19) by ($1.67). As a group, analysts predict that NextDecade Co. will post -0.61 EPS for the current year.

Institutional Inflows and Outflows

A number of institutional investors have recently made changes to their positions in the company. Steward Partners Investment Advisory LLC grew its position in shares of NextDecade by 350.6% during the fourth quarter. Steward Partners Investment Advisory LLC now owns 4,479 shares of the company’s stock worth $35,000 after buying an additional 3,485 shares in the last quarter. Twin Securities Inc. bought a new stake in shares of NextDecade during the third quarter valued at approximately $52,000. Mainstream Capital Management LLC acquired a new position in NextDecade during the 4th quarter worth $56,000. Tower Research Capital LLC TRC lifted its holdings in NextDecade by 201.6% in the fourth quarter. Tower Research Capital LLC TRC now owns 7,797 shares of the company’s stock worth $60,000 after purchasing an additional 5,212 shares during the period. Finally, Briaud Financial Planning Inc boosted its holdings in shares of NextDecade by 29.2% in the fourth quarter. Briaud Financial Planning Inc now owns 9,333 shares of the company’s stock valued at $71,000 after acquiring an additional 2,109 shares in the last quarter. 66.74% of the stock is owned by institutional investors and hedge funds.