Head-To-Head Review: NextDecade (NEXT) and The Competition

NextDecade (NASDAQ:NEXT) is one of 1,051 public companies in the “Oil, Gas & Consumable Fuels” industry, but how does it weigh in compared to its peers? We will compare NextDecade to related businesses based on the strength of its analyst recommendations, valuation, dividends, institutional ownership, earnings, risk and profitability.

Risk and Volatility

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

Insider and Institutional Ownership

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

Valuation & Earnings

This table compares NextDecade and its peers top-line revenue, earnings per share and valuation.

	Gross Revenue	Net Income	Price/Earnings Ratio
NextDecade	N/A	-$306.43 million	-5.24
NextDecade Competitors	$250.53 billion	$5.52 billion	0.36

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

Profitability

This table compares NextDecade and its peers’ 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	-470.31%	9.91%	5.94%

Analyst Ratings

This is a summary of current recommendations for NextDecade and its peers, as provided by MarketBeat.

	Sell Ratings	Hold Ratings	Buy Ratings	Strong Buy Ratings	Rating Score
NextDecade	1	4	1	1	2.29
NextDecade Competitors	5808	26408	39932	2264	2.52

NextDecade presently has a consensus price target of $8.10, suggesting a potential upside of 13.76%. As a group, “Oil, Gas & Consumable Fuels” companies have a potential upside of 30.96%. Given NextDecade’s peers stronger consensus rating and higher possible upside, analysts plainly believe NextDecade has less favorable growth aspects than its peers.

Summary

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

About NextDecade

NextDecade Corp. is a development company.