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NASDAQ:NEXN

Nexxen International (NEXN) Stock Price, News & Analysis

Nexxen International logo
$9.70 +0.89 (+10.10%)
(As of 11/20/2024 ET)

About Nexxen International Stock (NASDAQ:NEXN)

Key Stats

Today's Range
$9.24
$9.78
50-Day Range
$7.37
$9.03
52-Week Range
$3.37
$9.78
Volume
307,277 shs
Average Volume
161,142 shs
Market Capitalization
$645.44 million
P/E Ratio
242.50
Dividend Yield
N/A
Price Target
$9.30
Consensus Rating
Moderate Buy

Company Overview

Nexxen International Ltd. provides end-to-end software platform that enables advertisers to reach publishers Israel. The company's demand side platform (DSP) offers full-service and self-managed marketplace access to advertisers and agencies to execute their digital marketing campaigns in real time across various ad formats. Its sell supply side platform (SSP) provides access to data and a comprehensive product suite to drive inventory management and revenue optimization. The company also offers data management platform solution, which integrates DSP and SSP solutions enabling advertisers and publishers to use data from various sources in order to optimize results of their advertising campaigns. It serves ad buyers, advertisers, brands, agencies, and digital publishers in the United States, the Asia-Pacific, Europe, the Middle East, and Africa. The company was formerly known as Tremor International Ltd and changed its name to Nexxen International Ltd. in January 2024. Nexxen International Ltd. was incorporated in 2007 and is headquartered in Tel Aviv-Yafo, Israel.

Nexxen International Stock Analysis - MarketRank™

See Top Rated MarketRank™ Stocks
32nd Percentile Overall Score

NEXN MarketRank™: 

Nexxen International scored higher than 32% of companies evaluated by MarketBeat, and ranked 247th out of 330 stocks in the business services sector. Scores are calculated by averaging available category scores, with extra weight given to analysis and valuation.

  • Consensus Rating

    Nexxen International has received a consensus rating of Moderate Buy. The company's average rating score is 2.80, and is based on 4 buy ratings, 1 hold rating, and no sell ratings.

  • Amount of Analyst Coverage

    Nexxen International has only been the subject of 3 research reports in the past 90 days.

  • Read more about Nexxen International's stock forecast and price target.
  • Earnings Growth

    Earnings for Nexxen International are expected to grow by 14.55% in the coming year, from $0.55 to $0.63 per share.

  • Price to Earnings Ratio vs. the Market

    The P/E ratio of Nexxen International is 242.50, which means that it is trading at a more expensive P/E ratio than the market average P/E ratio of about 127.65.

  • Price to Earnings Ratio vs. Sector

    The P/E ratio of Nexxen International is 242.50, which means that it is trading at a more expensive P/E ratio than the Business Services sector average P/E ratio of about 37.03.

  • Price to Book Value per Share Ratio

    Nexxen International has a P/B Ratio of 1.23. P/B Ratios below 3 indicates that a company is reasonably valued with respect to its assets and liabilities.

  • Percentage of Shares Shorted

    0.09% of the float of Nexxen International has been sold short.
  • Short Interest Ratio / Days to Cover

    Nexxen International has a short interest ratio ("days to cover") of 0.8, which is generally considered an acceptable ratio of short interest to trading volume.
  • Change versus previous month

    Short interest in Nexxen International has recently decreased by 23.54%, indicating that investor sentiment is improving significantly.
  • Dividend Yield

    Nexxen International does not currently pay a dividend.

  • Dividend Growth

    Nexxen International does not have a long track record of dividend growth.

  • Percentage of Shares Shorted

    0.09% of the float of Nexxen International has been sold short.
  • Short Interest Ratio / Days to Cover

    Nexxen International has a short interest ratio ("days to cover") of 0.8, which is generally considered an acceptable ratio of short interest to trading volume.
  • Change versus previous month

    Short interest in Nexxen International has recently decreased by 23.54%, indicating that investor sentiment is improving significantly.
  • News Sentiment

    Nexxen International has a news sentiment score of 0.51. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This news sentiment score is similar to the average news sentiment of Business Services companies.
  • News Coverage This Week

    MarketBeat has tracked 20 news articles for Nexxen International this week, compared to 1 article on an average week.
  • Search Interest

    5 people have searched for NEXN on MarketBeat in the last 30 days. This is an increase of 400% compared to the previous 30 days.
  • MarketBeat Follows

    Only 2 people have added Nexxen International to their MarketBeat watchlist in the last 30 days. This is a decrease of -50% compared to the previous 30 days.
  • Insider Buying vs. Insider Selling

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

  • Percentage Held by Institutions

    54.24% of the stock of Nexxen International is held by institutions. High institutional ownership can be a signal of strong market trust in this company.

  • Read more about Nexxen International's insider trading history.
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NEXN Stock News Headlines

3 UK Penny Stocks Under £2B Market Cap
Nexxen reports Q3 EPS 14c vs. 9c last year
Election warning coming true…
If you missed it, my emergency election broadcast is now available - watch it before it's too late.
Nexxen to launch $50M share repurchase program
Nexxen sees FY24 contribution ex-TAC $340M-$345M
Nexxen sees FY24 contribution ex-TAC $340M-$345M
See More Headlines

NEXN Stock Analysis - Frequently Asked Questions

Nexxen International's stock was trading at $5.12 at the start of the year. Since then, NEXN stock has increased by 89.5% and is now trading at $9.70.
View the best growth stocks for 2024 here
.

Nexxen International Ltd. (NASDAQ:NEXN) released its quarterly earnings data on Thursday, August, 22nd. The company reported $0.07 earnings per share for the quarter, missing analysts' consensus estimates of $0.09 by $0.02. The firm had revenue of $88.58 million for the quarter, compared to the consensus estimate of $85.75 million. Nexxen International had a net margin of 3.96% and a trailing twelve-month return on equity of 7.49%.

Top institutional shareholders of Nexxen International include Rock Point Advisors LLC (0.78%), Rice Hall James & Associates LLC (0.45%), Mithaq Capital SPC (0.32%) and Quadrature Capital Ltd (0.02%).

Shares of NEXN stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.
Compare Top Brokerages Here.

Based on aggregate information from My MarketBeat watchlists, some other companies that Nexxen International investors own include Waste Connections (WCN), AUO (AUOTY), The RMR Group (RMR), DiamondRock Hospitality (DRH), iShares Micro-Cap ETF (IWC), American Water Works (AWK) and Triple Flag Precious Metals (TFPM).

Company Calendar

Last Earnings
8/22/2024
Today
11/20/2024
Fiscal Year End
12/31/2024

Industry, Sector and Symbol

Industry
Computer programming, data processing, & other computer related
Sub-Industry
N/A
Current Symbol
NASDAQ:NEXN
Previous Symbol
NASDAQ:NEXN
Fax
N/A
Employees
895
Year Founded
N/A

Price Target and Rating

Average Stock Price Target
$9.30
High Stock Price Target
$11.00
Low Stock Price Target
$6.00
Potential Upside/Downside
-4.1%
Consensus Rating
Moderate Buy
Rating Score (0-4)
2.80
Research Coverage
5 Analysts

Profitability

Net Income
$-21,490,000.00
Pretax Margin
1.13%

Debt

Sales & Book Value

Annual Sales
$331.99 million
Cash Flow
$1.70 per share
Book Value
$7.53 per share

Miscellaneous

Free Float
N/A
Market Cap
$645.44 million
Optionable
N/A
Beta
1.86
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This page (NASDAQ:NEXN) was last updated on 11/21/2024 by MarketBeat.com Staff
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