NextDecade (NASDAQ:NEXT) Stock Price Down 4.5% – Should You Sell?

Posted by Doug Wharley on Mar 7th, 2025

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

NextDecade Stock Performance

The business’s fifty day moving average price is $8.03 and its 200-day moving average price is $6.60. The stock has a market capitalization of $1.88 billion, a PE ratio of -6.47 and a beta of 1.18. The company has a debt-to-equity ratio of 3.17, a current ratio of 0.49 and a quick ratio of 0.49.

NextDecade (NASDAQ:NEXT – Get Free Report) last issued its quarterly earnings data on Thursday, February 27th. The company reported ($1.86) earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of ($0.19) by ($1.67). As a group, equities research analysts expect that NextDecade Co. will post -0.61 EPS for the current year.

Institutional Inflows and Outflows

Hedge funds and other institutional investors have recently modified their holdings of the business. Geode Capital Management LLC lifted its position in NextDecade by 24.8% during the third quarter. Geode Capital Management LLC now owns 3,026,930 shares of the company’s stock valued at $14,260,000 after purchasing an additional 600,630 shares during the last quarter. State Street Corp lifted its holdings in shares of NextDecade by 7.1% during the 3rd quarter. State Street Corp now owns 2,330,172 shares of the company’s stock worth $10,975,000 after acquiring an additional 155,309 shares during the last quarter. Charles Schwab Investment Management Inc. grew its position in NextDecade by 43.3% in the third quarter. Charles Schwab Investment Management Inc. now owns 1,064,816 shares of the company’s stock worth $5,015,000 after acquiring an additional 321,603 shares in the last quarter. Catalyst Capital Advisors LLC increased its stake in NextDecade by 3.4% in the fourth quarter. Catalyst Capital Advisors LLC now owns 3,750,486 shares of the company’s stock valued at $28,916,000 after acquiring an additional 123,070 shares during the last quarter. Finally, Harbor Capital Advisors Inc. lifted its stake in NextDecade by 108.1% during the third quarter. Harbor Capital Advisors Inc. now owns 181,106 shares of the company’s stock worth $853,000 after purchasing an additional 94,076 shares during the last quarter. Hedge funds and other institutional investors own 66.74% of the company’s stock.