Nextnav Acquisition Corp Stock Analysis
NN Stock | USD 9.42 1.15 13.91% |
Nextnav Acquisition Corp is overvalued with Real Value of 8.54 and Target Price of 9.0. The main objective of Nextnav Acquisition stock analysis is to determine its intrinsic value, which is an estimate of what Nextnav Acquisition Corp is worth, separate from its market price. There are two main types of Nextnav Acquisition's stock analysis: fundamental analysis and technical analysis. Fundamental analysis focuses on the financial and economic factors that affect Nextnav Acquisition's performance, such as revenue growth, earnings, and financial stability. Technical analysis, on the other hand, focuses on the price and volume data of Nextnav Acquisition's stock to identify patterns and trends that may indicate its future price movements.
The Nextnav Acquisition stock is traded in the USA on NASDAQ Exchange, with the market opening at 09:30:00 and closing at 16:00:00 every Mon,Tue,Wed,Thu,Fri except for officially observed holidays in the USA. Nextnav Acquisition is usually not traded on Thanksgiving Day, Christmas Day, New Year 's Day, Dr . Martin Luther King Jr 's Birthday, Washington 's Birthday, Good Friday, Memorial Day, Juneteenth Holiday, Independence Day, Labour Day. Nextnav Stock trading window is adjusted to America/New York timezone. Here, you can get updates on important government artifacts, including earning estimates, SEC corporate filings, announcements, and Nextnav Acquisition's ongoing operational relationships across important fundamental and technical indicators.
Nextnav |
Nextnav Stock Analysis Notes
About 44.0% of the company outstanding shares are owned by corporate insiders. The company recorded a loss per share of 0.66. Nextnav Acquisition Corp had not issued any dividends in recent years. NextNav Inc. provides next generation global positioning system and 3D geolocation services. The company was founded in 2007 and is headquartered in McLean, Virginia. Nextnav operates under Internet Content Information classification in the United States and is traded on NASDAQ Exchange. It employs 61 people. To find out more about Nextnav Acquisition Corp contact Mariam Sorond at 800 775 0982 or learn more at https://www.nextnav.com.Nextnav Acquisition Corp Investment Alerts
Many investors view ongoing market volatility as an opportunity to purchase more stocks at a favorable price or short it to generate a bearish trend profit opportunity. If you are one of those investors, make sure you clearly understand the position you are entering. Nextnav Acquisition's investment alerts are automatically generated signals that are significant enough to either complement your investing judgment regarding Nextnav Acquisition Corp or challenge it. These alerts can help you understand what you are buying and avoid costly mistakes.
Nextnav Acquisition is way too risky over 90 days horizon | |
Nextnav Acquisition appears to be risky and price may revert if volatility continues | |
The company generated the yearly revenue of 3.86 M. Annual Net Loss to common stockholders was (71.73 M) with gross Loss of (7.88 M). | |
Nextnav Acquisition Corp reports about 82.52 M in cash with (35.44 M) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 0.81. | |
Nextnav Acquisition has a frail financial position based on the latest SEC disclosures | |
Roughly 44.0% of the company outstanding shares are owned by corporate insiders | |
Latest headline from globenewswire.com: NextNav Announces Date for First Quarter 2024 Earnings Call |
Nextnav Acquisition Corp Upcoming and Recent Events
Earnings reports are used by Nextnav Acquisition to provide an update of all three financial statements, including the income statement, the balance sheet, and the cash flow statement. Every quarterly earnings report provides investors with three things: an overview of sales, expenses, and net income for the most recent period. It also may provide a comparison to Nextnav Acquisition 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.
27th of March 2024 Upcoming Quarterly Report | View | |
8th of May 2024 Next Financial Report | View | |
31st of December 2023 Next Fiscal Quarter End | View | |
27th of March 2024 Next Fiscal Year End | View | |
30th of September 2023 Last Quarter Report | View | |
31st of December 2022 Last Financial Announcement | View |
Nextnav Largest EPS Surprises
Earnings surprises can significantly impact Nextnav Acquisition'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.
Reported | Fiscal Date | Estimated EPS | Reported EPS | Surprise | |||
---|---|---|---|---|---|---|---|
2023-05-10 | 2023-03-31 | -0.17 | -0.15 | 0.02 | 11 | ||
2024-03-13 | 2023-12-31 | -0.12 | -0.15 | -0.03 | 25 | ||
2022-11-10 | 2022-09-30 | -0.15 | -0.18 | -0.03 | 20 |
Nextnav Acquisition Thematic Classifications
In addition to having Nextnav Acquisition stock in your portfolios, you can 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 favorite investment opportunity, you can then obtain an optimal portfolio that will maximize potential returns on the chosen idea or minimize its exposure to market volatility. If you are a result-oriented investor, you can benefit from optimizing one of our existing themes to build an efficient portfolio against your specific investing outlook.
ElectronicsElectronic manufacturers | ||
Electronic EquipmentUSA Equities from Electronic Equipment industry as classified by Fama & French |
Nextnav Stock Institutional Investors
Have you ever been surprised when a price of an equity instrument such as Nextnav Acquisition is soaring high without any particular reason? This is usually happening because many institutional investors are aggressively trading Nextnav Acquisition Corp backward and forwards among themselves. Nextnav Acquisition's institutional investor refers to the entity that pools money to purchase Nextnav Acquisition'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 | Northern Trust Corp | 2023-12-31 | 477.1 K | Morgan Stanley - Brokerage Accounts | 2023-12-31 | 394.1 K | Royce & Associates, Lp | 2023-12-31 | 368.9 K | Charles Schwab Investment Management Inc | 2023-12-31 | 361.4 K | Barclays Plc | 2023-12-31 | 333.9 K | Ancora Advisors Llc | 2023-12-31 | 253.8 K | Group One Trading, Lp | 2023-12-31 | 229.8 K | Bank Of America Corp | 2023-12-31 | 212.4 K | Bank Of New York Mellon Corp | 2023-12-31 | 164.5 K | Fortress Investment Group Llc | 2023-12-31 | 14.2 M | Nea Management Company, Llc | 2023-12-31 | 8.2 M |
Nextnav Market Capitalization
The company currently falls under 'Mid-Cap' category with a market capitalization of 1.06 B. Market capitalization usually refers to the total value of a company's stock within the entire market. To calculate Nextnav Acquisition's market, we take the total number of its shares issued and multiply it by Nextnav Acquisition's current market price. To manage market risk and economic uncertainty, many investors today build portfolios that are diversified across equities with different market capitalizations. However, as a general rule, conservative investors tend to hold large-cap stocks, and those looking for more risk prefer small-cap and mid-cap equities.Nextnav Profitablity
Nextnav Acquisition's profitability indicators refer to fundamental financial ratios that showcase Nextnav Acquisition's ability to generate income relative to its revenue or operating costs. If, let's say, Nextnav Acquisition is currently losing money, the management's focus should be on how to reverse that trend. However, when revenue exceeds expenses, Nextnav Acquisition's executives or investors may be in less hurry to break that information down - which is where profitability analysis comes into play. Gaining a greater understanding of Nextnav Acquisition's profitability requires more research than a typical breakdown of Nextnav Acquisition's financial statements. By doing a profitability analysis, companies can identify areas needing attention, and investors can make a profitable trade.
Last Reported | Projected for Next Year | ||
Return On Tangible Assets | (0.54) | (0.56) | |
Return On Capital Employed | (0.42) | (0.44) | |
Return On Assets | (0.44) | (0.46) | |
Return On Equity | (0.91) | (0.96) |
Management Efficiency
Nextnav Acquisition Corp has Return on Asset (ROA) of (0.2777) % which means that for every 100 dollars spent on asset, it generated a loss of $0.2777. This is way below average. Likewise, it shows a return on total equity (ROE) of (0.7799) %, which implies that it produced no returns to current stockholders. Nextnav Acquisition's management efficiency ratios could be used to measure how well Nextnav Acquisition manages its routine affairs as well as how well it operates its assets and liabilities. As of the 28th of April 2024, Return On Tangible Assets is likely to drop to -0.56. In addition to that, Return On Capital Employed is likely to drop to -0.44. At this time, Nextnav Acquisition's Net Tangible Assets are very stable compared to the past year. As of the 28th of April 2024, Other Current Assets is likely to grow to about 3.2 M, while Total Assets are likely to drop about 111.5 M.Last Reported | Projected for Next Year | ||
Book Value Per Share | 0.73 | 0.77 | |
Net Current Asset Value | 0.00 | 0.00 | |
Tangible Asset Value | 0.00 | 0.00 | |
Tangible Book Value Per Share | 0.48 | 0.50 | |
Enterprise Value Over EBITDA | (7.92) | (8.31) | |
Price Book Value Ratio | 6.10 | 6.02 | |
Enterprise Value Multiple | (7.92) | (8.31) | |
Price Fair Value | 6.10 | 6.02 | |
Enterprise Value | 0.00 | 0.00 |
The analysis of Nextnav Acquisition's management efficiency is an essential part of evaluating and assessing the financial and operational performance of the entity. It is also vital to analyze Nextnav Acquisition's future growth prospects and the overall market conditions to determine the value and potential of its stock. The analysis involves studying a range of financial metrics such as revenue, earnings, profit margins, cash flow, debt, market share, and external factors such as economic trends, industry outlook, competition, and government regulations. The goal of Nextnav Stock analysis is to determine whether it is undervalued, fairly valued, or overvalued and to make informed investment decisions.
Beta 1.404 |
Technical Drivers
As of the 28th of April, Nextnav Acquisition secures the Mean Deviation of 4.58, risk adjusted performance of 0.1497, and Downside Deviation of 5.86. In connection with fundamental indicators, the technical analysis model lets you check existing technical drivers of Nextnav Acquisition Corp, as well as the relationship between them. Strictly speaking, you can use this information to find out if the firm will indeed mirror its model of past prices, or the prices will eventually revert. We were able to interpolate nineteen technical drivers for Nextnav Acquisition, which can be compared to its peers in the industry. Please verify Nextnav Acquisition Corp coefficient of variation, as well as the relationship between the treynor ratio and semi variance to decide if Nextnav Acquisition Corp is priced some-what accurately, providing market reflects its recent price of 9.42 per share. Given that Nextnav Acquisition Corp has jensen alpha of 1.52, we recommend you to check Nextnav Acquisition's last-minute market performance to make sure the company can sustain itself at a future point.Nextnav Acquisition Corp Price Movement Analysis
The output start index for this execution was thirty-five with a total number of output elements of twenty-six. The Bollinger Bands is very popular indicator that was developed by John Bollinger. It consist of three lines. Nextnav Acquisition middle band is a simple moving average of its typical price. The upper and lower bands are (N) standard deviations above and below the middle band. The bands widen and narrow when the volatility of the price is higher or lower, respectively. The upper and lower bands can also be interpreted as price targets for Nextnav Acquisition Corp. When the price bounces off of the lower band and crosses the middle band, then the upper band becomes the price target.
Nextnav Acquisition Corp Insider Trading Activities
Some recent studies suggest that insider trading raises the cost of capital for securities issuers and decreases overall economic growth. Trading by specific Nextnav Acquisition insiders, such as employees or executives, is commonly permitted as long as it does not rely on Nextnav Acquisition's material information that is not in the public domain. Local jurisdictions usually require such trading to be reported in order to monitor insider transactions. In many U.S. states, trading conducted by corporate officers, key employees, directors, or significant shareholders must be reported to the regulator or publicly disclosed, usually within a few business days of the trade. In these cases Nextnav Acquisition insiders are required to file a Form 4 with the U.S. Securities and Exchange Commission (SEC) when buying or selling shares of their own companies.
Nextnav Acquisition Predictive Daily Indicators
Nextnav Acquisition 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 Nextnav Acquisition 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.
Nextnav Acquisition Corporate Filings
8K | 16th of April 2024 Report filed with the SEC to announce major events that shareholders should know about | ViewVerify |
F3 | 15th of April 2024 An amendment to the original Schedule 13D filing | ViewVerify |
F4 | 29th of March 2024 The report filed by a party regarding the acquisition or disposition of a company's common stock, as well as derivative securities such as options, warrants, and convertible securities | ViewVerify |
28th of March 2024 Other Reports | ViewVerify | |
13A | 21st of March 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 |
F3 | 20th of March 2024 An amendment to the original Schedule 13D filing | ViewVerify |
F4 | 19th of March 2024 The report filed by a party regarding the acquisition or disposition of a company's common stock, as well as derivative securities such as options, warrants, and convertible securities | ViewVerify |
18th of March 2024 Other Reports | ViewVerify |
Nextnav Acquisition Forecast Models
Nextnav Acquisition's time-series forecasting models are one of many Nextnav Acquisition's stock analysis techniques aimed at predicting future share value based on previously observed values. Time-series forecasting models ae widely used for non-stationary data. Non-stationary data are called the data whose statistical properties e.g. the mean and standard deviation are not constant over time but instead, these metrics vary over time. These non-stationary Nextnav Acquisition's historical data is usually called time-series. Some empirical experimentation suggests that the statistical forecasting models outperform the models based exclusively on fundamental analysis to predict the direction of the market movement and maximize returns from investment trading.About Nextnav Stock Analysis
Stock analysis is the technique used by a trader or investor to examine and evaluate how Nextnav Acquisition prices is reacting to, or reflecting on a current market direction and economic conditions. It can be used to make informed decisions about market timing, and when buying or selling Nextnav shares will generate the highest return on investment. We also built our stock analysis module to help investors to gain an insight into the world economy as a whole, the stock market, thematic ideas. a specific sector, or an individual Stock such as Nextnav Acquisition. By using and applying Nextnav Stock analysis, traders can create a robust methodology for identifying Nextnav entry and exit points for their positions.
Last Reported | Projected for Next Year | ||
Pretax Profit Margin | (18.52) | (19.44) | |
Operating Profit Margin | (16.45) | (17.27) | |
Net Loss | (18.57) | (19.50) | |
Gross Profit Margin | (3.55) | (3.73) |
Current Nextnav Analysis - Recommendations
We track the performance of the top 100 financial experts across various large and mid-size financial boutiques. Nextnav analyst recommendations are determined by taking all analyst recommendations and averaging them as Strong Buy, Buy, Hold, Strong Sell or Sell. There is no one specific way to measure analysis performance other than comparing it to the past results via a very sophisticated attribution analysis. Nextnav analyst consensus and target price projections should be used in combination with other traditional techniques such as stock price forecasting, technical analysis, earnings estimate, and various momentum models.
Target Price | Advice | # of Analysts | |
9.0 | Strong Buy | 3 | Odds |
Most Nextnav analysts issue ratings four times a year, at intervals of three months. Ratings are usually accompanied by a target price to helps potential investors understand Nextnav stock's fair price compared to its market value. Analysts arrive at stock ratings after researching public financial statements of Nextnav Acquisition Corp, talking to its executives and customers, or listening to Nextnav conference calls.
Nextnav Stock Analysis Indicators
Nextnav Acquisition Corp stock analysis indicators help investors evaluate how Nextnav Acquisition stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing and determine when trading Nextnav Acquisition shares will generate the highest return on investment. By understating and applying Nextnav Acquisition stock analysis, traders can identify Nextnav Acquisition position entry and exit signals to maximize returns.
Begin Period Cash Flow | 47.2 M | |
Long Term Debt | 48.4 M | |
Common Stock Shares Outstanding | 108 M | |
Total Stockholder Equity | 78.7 M | |
Tax Provision | 221 K | |
Property Plant And Equipment Net | 40.8 M | |
Cash And Short Term Investments | 85.8 M | |
Cash | 81.9 M | |
Accounts Payable | 391 K | |
Net Debt | -15.8 M | |
50 Day M A | 5.9757 | |
Total Current Liabilities | 9.8 M | |
Other Operating Expenses | 67.4 M | |
Non Current Assets Total | 70.9 M | |
Non Currrent Assets Other | 1.5 M | |
Stock Based Compensation | 21.8 M |
Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Nextnav Acquisition Corp. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in board of governors. You can also try the Portfolio File Import module to quickly import all of your third-party portfolios from your local drive in csv format.
Complementary Tools for Nextnav Stock analysis
When running Nextnav Acquisition's price analysis, check to measure Nextnav Acquisition's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Nextnav Acquisition is operating at the current time. Most of Nextnav Acquisition's value examination focuses on studying past and present price action to predict the probability of Nextnav Acquisition's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Nextnav Acquisition's price. Additionally, you may evaluate how the addition of Nextnav Acquisition to your portfolios can decrease your overall portfolio volatility.
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Is Nextnav Acquisition's industry 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 Nextnav Acquisition. If investors know Nextnav 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 Nextnav Acquisition listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share (0.66) | Revenue Per Share 0.036 | Quarterly Revenue Growth 0.501 | Return On Assets (0.28) | Return On Equity (0.78) |
The market value of Nextnav Acquisition Corp is measured differently than its book value, which is the value of Nextnav that is recorded on the company's balance sheet. Investors also form their own opinion of Nextnav Acquisition's value that differs from its market value or its book value, called intrinsic value, which is Nextnav Acquisition'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 Nextnav Acquisition's market value can be influenced by many factors that don't directly affect Nextnav Acquisition'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 Nextnav Acquisition's value and its price as these two are different measures arrived at by different means. Investors typically determine if Nextnav Acquisition is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Nextnav Acquisition'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.