NextTrip, Inc. (NASDAQ:NTRP – Free Report) – Research analysts at Ascendiant Capital Markets issued their Q1 2028 EPS estimates for shares of NextTrip in a note issued to investors on Tuesday, June 9th. Ascendiant Capital Markets analyst E. Woo forecasts that the company will post earnings of ($0.22) per share for the quarter. Ascendiant Capital Markets currently has a “Buy” rating and a $7.50 target price on the stock. The consensus estimate for NextTrip’s current full-year earnings is ($0.42) per share. Ascendiant Capital Markets also issued estimates for NextTrip’s Q2 2028 earnings at ($0.23) EPS, Q3 2028 earnings at ($0.20) EPS, Q4 2028 earnings at ($0.34) EPS and FY2028 earnings at ($1.00) EPS.
NTRP has been the topic of several other research reports. Zacks Research upgraded shares of NextTrip to a “hold” rating in a report on Tuesday, March 17th. Weiss Ratings lowered shares of NextTrip from a “sell (d-)” rating to a “sell (e+)” rating in a report on Thursday, June 4th. One analyst has rated the stock with a Buy rating, one has given a Hold rating and one has given a Sell rating to the company. According to MarketBeat, the stock presently has a consensus rating of “Hold” and a consensus target price of $7.50.
NextTrip Stock Performance
NASDAQ:NTRP opened at $2.23 on Friday. The company has a current ratio of 0.81, a quick ratio of 0.81 and a debt-to-equity ratio of 0.02. The firm has a market capitalization of $32.31 million, a price-to-earnings ratio of -1.19 and a beta of 1.03. The firm’s fifty day simple moving average is $2.67 and its 200 day simple moving average is $3.04. NextTrip has a twelve month low of $2.04 and a twelve month high of $5.20.
Insider Buying and Selling
In other news, Director Andrew Jay Kaplan acquired 18,182 shares of the business’s stock in a transaction on Friday, May 8th. The shares were purchased at an average price of $2.75 per share, for a total transaction of $50,000.50. Following the acquisition, the director directly owned 51,582 shares of the company’s stock, valued at $141,850.50. This represents a 54.44% increase in their position. The purchase was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this link. 44.50% of the stock is owned by corporate insiders.
Hedge Funds Weigh In On NextTrip
A hedge fund recently raised its stake in NextTrip stock. Geode Capital Management LLC boosted its position in NextTrip, Inc. (NASDAQ:NTRP – Free Report) by 21.6% during the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 39,852 shares of the company’s stock after buying an additional 7,086 shares during the quarter. Geode Capital Management LLC owned 0.29% of NextTrip worth $129,000 at the end of the most recent quarter. 3.81% of the stock is owned by institutional investors and hedge funds.
About NextTrip
NextTrip, Inc, through its subsidiaries, engages in the provision of travel technology solutions in the United States. The company offers NXT2.0, a booking engine technology platform, which provides travel distributors access to an inventory. It is also involved in the provision of online leisure travel agency services for booking hotels, flights, and curated vacations. The company was formerly known as Sigma Additive Solutions, Inc and changed its name to NextTrip, Inc in March 2024. NextTrip, Inc is based in Sunrise, Florida.
See Also
- Five stocks we like better than NextTrip
- Build On a Strong Earnings Season With These 3 ETFs
- Microsoft Just Gave Investors 3 Dates They Can’t Afford to Ignore
- NVIDIA’s Outlook Gains Momentum: Stock Price to Follow
- The World Cup Is Coming—These 3 Stocks Could Cash In
Receive News & Ratings for NextTrip Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for NextTrip and related companies with MarketBeat.com's FREE daily email newsletter.
