During the last session, Nexxen International Ltd (NASDAQ:NEXN)’s traded shares were 0.41 million, with the beta value of the company hitting 1.84. At the end of the trading day, the stock’s price was $8.78, reflecting an intraday loss of -2.66% or -$0.24. The 52-week high for the NEXN share is $11.00, that puts it down -25.28 from that peak though still a striking 46.36% gain since the share price plummeted to a 52-week low of $4.71. The company’s market capitalization is $560.33M, and the average trade volume was 237.15K shares over the past three months.
Nexxen International Ltd (NEXN) received a consensus recommendation of Buy from analysts. That translates to a mean rating of 1.50. NEXN has a Sell rating from 0 analyst(s) out of 1 analysts who have looked at this stock. 0 analyst(s) recommend to Hold the stock while 0 suggest Overweight, and 1 recommend a Buy rating for it. 0 analyst(s) has rated the stock Underweight. Company’s earnings per share (EPS) for the current quarter are expected to be 0.06.
Nexxen International Ltd (NASDAQ:NEXN) trade information
Nexxen International Ltd (NEXN) registered a -2.66% downside in the last session and has traded in the green over the past 5 sessions. The stock plummet -2.66% in intraday trading to $8.78, hitting a weekly high. The stock’s 5-day price performance is 7.73%, and it has moved by -10.04% in 30 days. Based on these gigs, the overall price performance for the year is 70.82%.
The consensus price target of analysts on Wall Street is $8.5, which implies a decrease of -3.29% to the stock’s current value. The extremes of the forecast give a target low and a target high price of $6 and $11 respectively. As a result, NEXN is trading at a discount of -25.28% off the target high and 31.66% off the low.
Nexxen International Ltd (NEXN) estimates and forecasts
In the rating firms’ projections, revenue will increase 18.57% compared to the previous financial year.
As companies strive to predict their financial trajectories, we turn our attention to the forthcoming financial quarter. Here are the insights gathered from industry analysts. Revenue for the current quarter is expected to be 75.67M as predicted by 3 analyst(s). Meanwhile, a consensus of 3 analyst(s) estimates revenue growth to 93.07M by the end of current fiscal year. As per earnings report from last fiscal year’s results, sales for the corresponding quarters totaled 74.43M and 88.58M respectively. In this case, analysts expect current quarter sales to grow by 1.66% and then jump by 5.07% in the coming quarter.
While earnings are projected to return 13.41% in 2025.
NEXN Dividends
Nexxen International Ltd is due to release its next quarterly earnings in April. However, it is important to remember that the dividend yield ratio is merely an indicator meant to only serve as guidance.
Also, the Mutual Funds coming in first place with the largest holdings of Nexxen International Ltd (NEXN) shares are Amplify ETF Tr-Amplify BlueStar Israel Technology ETF and Clearwater Select Equity Fund . Data provided on Sep 30, 2024 indicates that Amplify ETF Tr-Amplify BlueStar Israel Technology ETF owns about 24.04 shares. This amounts to just over 0.04 percent of the company’s overall shares, with a $0.21 million market value. The same data shows that the other fund manager holds slightly less at 20.54, or about 0.03% of the stock, which is worth about $0.18 million.
