NextDecade (NASDAQ:NEXT) Sets New 52-Week High – Here’s What Happened

Posted by Linda Flegge on Mar 24th, 2025

Shares of NextDecade Co. (NASDAQ:NEXT – Get Free Report) reached a new 52-week high during mid-day trading on Monday . The stock traded as high as $9.49 and last traded at $9.48, with a volume of 624364 shares trading hands. The stock had previously closed at $9.03.

NextDecade Trading Up 4.9 %

The company has a market cap of $2.47 billion, a price-to-earnings ratio of -8.46 and a beta of 1.18. The business’s fifty day moving average price is $8.02 and its 200 day moving average price is $6.86. 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). Research analysts anticipate that NextDecade Co. will post -0.61 earnings per share for the current fiscal year.

Hedge Funds Weigh In On NextDecade

A number of hedge funds have recently bought and sold shares of NEXT. Steward Partners Investment Advisory LLC grew its holdings in NextDecade by 350.6% during the 4th quarter. Steward Partners Investment Advisory LLC now owns 4,479 shares of the company’s stock worth $35,000 after acquiring an additional 3,485 shares during the period. Twin Securities Inc. acquired a new position in NextDecade in the third quarter valued at approximately $52,000. Mainstream Capital Management LLC bought a new position in shares of NextDecade during the 4th quarter worth approximately $56,000. Tower Research Capital LLC TRC grew its position in shares of NextDecade by 201.6% during the 4th quarter. Tower Research Capital LLC TRC now owns 7,797 shares of the company’s stock worth $60,000 after buying an additional 5,212 shares during the period. Finally, Briaud Financial Planning Inc increased its stake in shares of NextDecade by 29.2% in the 4th 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. Institutional investors own 66.74% of the company’s stock.