Neighborhood Intelligence (NASDAQ:NXH – Get Free Report) was downgraded by investment analysts at Maxim Group from a “buy” rating to a “hold” rating in a research report issued on Monday, Marketbeat Ratings reports.
NXH has been the topic of a number of other research reports. Zacks Research lowered shares of Neighborhood Intelligence from a “hold” rating to a “strong sell” rating in a research note on Monday, October 5th. Weiss Ratings downgraded shares of Neighborhood Intelligence from a “sell (d-)” rating to a “sell (e+)” rating in a research note on Tuesday, October 6th. One equities research analyst has rated the stock with a Hold rating and two have issued a Sell rating to the stock. Based on data from MarketBeat, the stock currently has an average rating of “Sell”.
Check Out Our Latest Report on Neighborhood Intelligence
Neighborhood Intelligence Stock Performance
Shares of NASDAQ:NXH opened at $1.66 on Monday. The company’s 50-day moving average is $2.56. The stock has a market cap of $163.86 million, a P/E ratio of -1.23 and a beta of 3.04. The company has a current ratio of 0.92, a quick ratio of 0.45 and a debt-to-equity ratio of 0.73. Neighborhood Intelligence has a one year low of $1.32 and a one year high of $7.72.
Neighborhood Intelligence (NASDAQ:NXH – Get Free Report) last released its quarterly earnings results on Thursday, November 5th. The company reported ($0.28) earnings per share for the quarter, missing analysts’ consensus estimates of ($0.18) by ($0.10). The company had revenue of $509.31 million during the quarter. Neighborhood Intelligence had a negative return on equity of 40.27% and a negative net margin of 7.40%. Analysts predict that Neighborhood Intelligence will post -0.93 earnings per share for the current year.
Institutional Trading of Neighborhood Intelligence
Hedge funds and other institutional investors have recently modified their holdings of the business. Partners Wealth Management LLC acquired a new position in shares of Neighborhood Intelligence in the third quarter worth about $29,000. ProShare Advisors LLC purchased a new position in Neighborhood Intelligence in the third quarter valued at about $33,000. Uhlmann Price Securities LLC acquired a new stake in Neighborhood Intelligence during the 3rd quarter valued at approximately $33,000. Pinnacle Wealth Planning Services Inc. acquired a new stake in Neighborhood Intelligence during the 3rd quarter valued at approximately $66,000. Finally, Claro Advisors Inc. grew its stake in Neighborhood Intelligence by 39.4% during the 3rd quarter. Claro Advisors Inc. now owns 82,653 shares of the company’s stock valued at $243,000 after purchasing an additional 23,375 shares in the last quarter. 76.30% of the stock is owned by hedge funds and other institutional investors.
About Neighborhood Intelligence
Neighborhood Intelligence Inc, formerly Bed Bath & Beyond Inc is an e-commerce-focused retailer with an affinity model that owns or has ownership interests in various retail brands, offering products and services that enable its customers to enhance everyday life through quality, style, and value. The company currently owns Bed Bath & Beyond, Overstock, buybuy BABY, and other related brands and websites, as well as a blockchain asset portfolio. Its e-commerce platforms, www.bedbathandbeyond.com and www.overstock.com, are targeted at customers seeking various products such as furniture, bedding, area rugs, tabletop and cookware, decor, storage, jewelry, etc, at affordable prices.
Further Reading
- Five stocks we like better than Neighborhood Intelligence
- America’s Rare Earth Clock Is Running Out, But the Bottleneck Isn’t Where You Think
- Atlassian Tanks After Huge Run as Guidance Disappoints, But Strength Remains
- Lemonade’s Revenue Soars 73%—So Why Did Its Stock Turn Sour After Earnings?
- Anthropic’s S-1 Strengthens the Case for Broadcom’s AI Growth
Receive News & Ratings for Neighborhood Intelligence Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Neighborhood Intelligence and related companies with MarketBeat.com's FREE daily email newsletter.
