Short term estimates and forecasts for Nxt-ID Inc. (NXTD) – Marketing Sentinel

Short term estimates and forecasts for Nxt-ID Inc. (NXTD)

Nxt-ID Inc. (NASDAQ:NXTD) has a beta value of 1.77 and has seen 1,814,554 shares traded in the last trading session. The company, currently valued at $46.91 Million, closed the last trade at $0.88 per share which meant it lost -$0.01 on the day or -0.62% during that session. The NXTD stock price is -290.91% off its 52-week high price of $3.44 and 67.05% above the 52-week low of $0.29. If we look at the company’s 10-day average daily trading volume, we find that it stood at 3.17 Million shares traded. The 3-month trading volume is 16.29 Million shares.

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The consensus among analysts is that Nxt-ID Inc. (NXTD) is a Hold stock at the moment, with a recommendation rating of 3. None of the analysts rate the stock as a Sell, while none rate it as Overweight. 1 out of 1 have rated it as a Hold, with no one of them advising it as a Buy. None have rated the stock as Underweight. The expected earnings per share for the stock is $0.

Nxt-ID Inc. (NASDAQ:NXTD) trade information

Despite being -0.62% in the red in last session, the stock has traded in the green over the last five days, with the highest price hit on Tuesday, Apr 27 when the NXTD stock price touched $1.1 or saw a rise of 20%. Year-to-date, Nxt-ID Inc. shares have moved -45%, while the 5-day performance has seen it change 13.26%. Over the past 30 days, the shares of Nxt-ID Inc. (NASDAQ:NXTD) have changed -36.23%. Short interest in the company has seen 2.78 Million shares shorted with days to cover at 0.17.

Wall Street analysts have a consensus price target for the stock at $0.35, which means that the shares’ value could jump -60.23% from current levels. The projected low price target is $0.35 while the price target rests at a high of $0.35. In that case, then, we find that the current price level is -60.23% off the targeted high while a plunge would see the stock lose -60.23% from current levels.

Nxt-ID Inc. (NXTD) estimates and forecasts

If we evaluate the company’s growth over the last 5-year and for the next 5-year period, we find that annual earnings growth was +52.7% over the past 5 years. Earnings growth for 2021 is a modest -30.3%.

Nxt-ID Inc. (NASDAQ:NXTD)’s Major holders

Insiders own 13.68% of the company shares, while shares held by institutions stand at 2.86% with a share float percentage of 3.31%. Investors are also buoyed by the number of investors in a company, with Nxt-ID Inc. having a total of 24 institutions that hold shares in the company. The top two institutional holders are Vanguard Group Inc. (The) with over 652.56 Thousand shares worth more than $1.04 Million. As of December 30, 2020, Vanguard Group Inc. (The) held 1.22% of shares outstanding.

The other major institutional holder is Susquehanna International Group, LLP, with the holding of over 172.46 Thousand shares as of December 30, 2020. The firm’s total holdings are worth over $275.94 Thousand and represent 0.32% of shares outstanding.


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Also the top two Mutual Funds that are holding company’s shares are Vanguard Extended Market Index Fund and Fidelity Extended Market Index Fund. As of December 30, 2020, the former fund manager holds about 1.21% shares in the company for having 643683 shares of worth $1.03 Million while later fund manager owns 131.62 Thousand shares of worth $217.17 Thousand as of February 27, 2021, which makes it owner of about 0.25% of company’s outstanding stock.

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