Nexters (GDEV) Stock Price, News & Analysis

Company Overview

Nexters Inc. operates as a game development company worldwide. It develops mobile, web, and social games. The company was founded in 2010 and is headquartered in Limassol, Cyprus.

Key Stats

• Today's Range: $25.00 to $26.20
• 50-Day Range: $6.38 to $6.38
• 52-Week Range: $6.20 to $13.25
• Volume: 10,097 shs
• Average Volume: 7,264 shs
• Market Capitalization: $496.50 million
• P/E Ratio: 12.50
• Dividend Yield: N/A
• Price Target: $255.00
• Consensus Rating: Moderate Buy

Nexters Stock Analysis - MarketRank™

Nexters scored higher than 76% of companies evaluated by MarketBeat, and ranked 96th out of 290 stocks in the consumer discretionary sector. Scores are calculated by averaging available category scores, with extra weight given to analysis and valuation.

Analyst's Opinion

• Score: 3.3 / 5
• Analyst Rating: Moderate Buy

Consensus Rating

Nexters has received a consensus rating of Moderate Buy. The company's average rating score is 2.67, and is based on 2 buy ratings, 1 hold rating, and no sell ratings.

Amount of Analyst Coverage

Nexters has only been the subject of 1 research reports in the past 90 days.

Earnings and Valuation

• Score: 3.1 / 5
• Proj. Earnings Growth: 127.27%

Earnings Growth

Earnings for Nexters are expected to grow by 127.27% in the coming year, from $0.66 to $1.50 per share.

Price to Earnings Ratio vs. the Market

The P/E ratio of Nexters is 12.50, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 126.99.

Price to Earnings Ratio vs. Sector

The P/E ratio of Nexters is 12.50, which means that it is trading at a less expensive P/E ratio than the Consumer Discretionary sector average P/E ratio of about 15.44.

Price to Earnings Growth Ratio

Nexters has a PEG Ratio of 8.12. PEG Ratios above 1 indicate that a company could be overvalued.

Short Interest

• Score: 5.0 / 5
• Short Interest Level: Healthy

Percentage of Shares Shorted

0.19% of the float of Nexters has been sold short.

Short Interest Ratio / Days to Cover

Nexters has a short interest ratio ("days to cover") of 0.9, which is generally considered an acceptable ratio of short interest to trading volume.

Change versus previous month

Short interest in Nexters has recently decreased by 33.87%, indicating that investor sentiment is improving significantly.

Dividend

• Score: 0.0 / 5
• Dividend Strength: N/A

Dividend Yield

Nexters does not currently pay a dividend.

Dividend Growth

Nexters does not have a long track record of dividend growth.

Sustainability and ESG

• Score: N/A
• Environmental Score: N/A

Percentage of Shares Shorted

0.19% of the float of Nexters has been sold short.

Short Interest Ratio / Days to Cover

Nexters has a short interest ratio ("days to cover") of 0.9, which is generally considered an acceptable ratio of short interest to trading volume.

Change versus previous month

Short interest in Nexters has recently decreased by 33.87%, indicating that investor sentiment is improving significantly.

News and Social Media

• Score: 0.0 / 5
• News Sentiment: 0.00

News Coverage This Week

MarketBeat has tracked 4 news articles for Nexters this week, compared to 0 articles on an average week.

Company Ownership

• Score: 1.7 / 5
• Insider Trading: N/A

Insider Buying vs. Insider Selling

In the past three months, Nexters insiders have not sold or bought any company stock.

Percentage Held by Insiders

86.60% of the stock of Nexters is held by insiders. A high percentage of insider ownership can be a sign of company health.

Percentage Held by Institutions

Only 15.19% of the stock of Nexters is held by institutions.

GDEV Stock Analysis - Frequently Asked Questions

How were Nexters' earnings last quarter?

Nexters Inc. (NASDAQ:GDEV) released its quarterly earnings results on Wednesday, September, 4th. The company reported $0.81 EPS for the quarter, topping the consensus estimate of $0.05 by $0.76. The company had revenue of $105.82 million for the quarter, compared to analyst estimates of $106.30 million. Nexters had a negative trailing twelve-month return on equity of 36.13% and a net margin of 9.13%.

When did Nexters' stock split?

Nexters's stock reverse split on the morning of Thursday, August 29th 2024. The 1-10 reverse split was announced on Wednesday, August 21st 2024. The number of shares owned by shareholders was adjusted after the closing bell on Wednesday, August 28th 2024. An investor that had 100 shares of stock prior to the reverse split would have 10 shares after the split.

What other stocks do shareholders of Nexters own?

Based on aggregate information from My MarketBeat watchlists, some other companies that Nexters investors own include Garmin (GRMN), WPP (WPP), Meta Platforms (META), Pan American Silver (PAAS), Argo Group International (ARGO), FirstCash (FCFS) and Kinsale Capital Group (KNSL).

Company Calendar

• Last Earnings: 9/04/2024
• Today: 11/21/2024
• Fiscal Year End: 12/31/2024

Industry, Sector and Symbol

• Stock Exchange: NASDAQ
• Sector: Consumer Discretionary
• Industry: Custom computer programming services
• Sub-Industry: N/A
• Current Symbol: NASDAQ:GDEV
• CUSIP: N/A
• CIK: 1848739
• Web: nexters.com
• Phone: 357-2258-0040
• Fax: N/A
• Employees: 1,044
• Year Founded: N/A

Price Target and Rating

• Average Stock Price Target: $255.00
• High Stock Price Target: $440.00
• Low Stock Price Target: $70.00
• Potential Upside/Downside: +920.0%
• Consensus Rating: Moderate Buy
• Rating Score (0-4): 2.67
• Research Coverage: 3 Analysts

Profitability

• EPS (Most Recent Fiscal Year): $2.00
• Trailing P/E Ratio: 12.50
• Forward P/E Ratio: 37.88
• P/E Growth: 8.12
• Net Income: $46.12 million
• Net Margins: 9.13%
• Pretax Margin: N/A
• Return on Equity: -36.13%
• Return on Assets: 13.08%

Debt

• Debt-to-Equity Ratio: N/A
• Current Ratio: 0.58
• Quick Ratio: 0.58

Sales & Book Value

• Annual Sales: $464.55 million
• Price / Sales: 1.07
• Cash Flow: $2.56 per share
• Price / Cash Flow: 9.75
• Book Value: ($5.06) per share
• Price / Book: -4.94

Miscellaneous

• Outstanding Shares: 19,860,000
• Free Float: 2,662,000
• Market Cap: $496.50 million
• Optionable: Not Optionable
• Beta: 0.74