NextPlat (NXPL) Stock Price, News & Analysis

Company Overview

NextPlat Corp operates as a healthcare and e-commerce company in Europe, North America, South America, the Asia and Pacific, and Africa. The company operates full-service retail specialty services pharmacies that provides prescription pharmaceuticals prescription pharmaceuticals, third-party administration, risk and data management services, compounded medications, tele-pharmacy services, anti-retroviral medications, medication therapy management, contracted pharmacy services, and health practice risk management to healthcare organizations and providers, as well as supplies prescription medications to long-term care facilities. It also offers COVID-19 related diagnostics and vaccinations, and medication adherence packaging; and value-added services, such as prior authorization assistance, same-day home-medication delivery, on site provider consultation services, primary care reporting and analytics, and customized packaging solutions, as well as acquires and leases an e-commerce platform to collaborate with businesses to optimize their ability to sell their goods online. In addition, it operates e-commerce websites, as well as third-party e-commerce storefronts that provides mobile satellite services solutions for satellite-enabled voice, data, personnel and asset tracking, machine-to-machine, and internet of things connectivity services; voice, data communications, internet of things (IoT), and machine-to-machine services; tracking and monitoring solutions and services; satellite communications products; and GPS enabled emergency locator distress beacons. Further, it offers satellite tracking devices used to monitor the location, movements, and history of anything that moves; SolarTrack, a compact, lightweight, IoT tracking device powered by the sun; and GTCTrack, a subscription-based mapping and tracking portal. The company was formerly known as Orbsat Corp. and changed its name to NextPlat Corp in January 2022. NextPlat Corp is based in Coconut Grove, Florida.

Key Stats

• Today's Range: $1.11 to $1.26
• 50-Day Range: $0.75 to $1.28
• 52-Week Range: $0.71 to $2.68
• Volume: 325,128 shs
• Average Volume: 279,916 shs
• Market Capitalization: $31.16 million
• P/E Ratio: N/A
• Dividend Yield: N/A
• Price Target: N/A
• Consensus Rating: N/A

NextPlat Stock Analysis - MarketRank™

NextPlat scored higher than 29% of companies evaluated by MarketBeat, and ranked 181st out of 219 stocks in the retail/wholesale sector. Scores are calculated by averaging available category scores, with extra weight given to analysis and valuation.

Analyst's Opinion

• Score: N/A
• Analyst Rating: N/A

Consensus Rating

There is not enough analysis data for NextPlat.

Earnings and Valuation

• Score: 0.6 / 5
• Proj. Earnings Growth: N/A

Price to Earnings Ratio vs. the Market

The P/E ratio of NextPlat is -1.76, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.

Price to Earnings Ratio vs. Sector

The P/E ratio of NextPlat is -1.76, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.

Price to Book Value per Share Ratio

NextPlat has a P/B Ratio of 0.47. P/B Ratios below 1 indicate that a company could be undervalued with respect to its assets and liabilities.

Short Interest

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

Percentage of Shares Shorted

0.02% of the float of NextPlat has been sold short.

Short Interest Ratio / Days to Cover

NextPlat has a short interest ratio ("days to cover") of 0.1, which is generally considered an acceptable ratio of short interest to trading volume.

Change versus previous month

Short interest in NextPlat has recently decreased by 83.62%, indicating that investor sentiment is improving significantly.

Dividend

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

Dividend Yield

NextPlat does not currently pay a dividend.

Dividend Growth

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

Sustainability and ESG

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

Percentage of Shares Shorted

0.02% of the float of NextPlat has been sold short.

Short Interest Ratio / Days to Cover

NextPlat has a short interest ratio ("days to cover") of 0.1, which is generally considered an acceptable ratio of short interest to trading volume.

Change versus previous month

Short interest in NextPlat has recently decreased by 83.62%, indicating that investor sentiment is improving significantly.

News and Social Media

• Score: 2.6 / 5
• News Sentiment: 0.60

News Sentiment

NextPlat has a news sentiment score of 0.60. 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 Retail/Wholesale companies.

News Coverage This Week

MarketBeat has tracked 2 news articles for NextPlat this week, compared to 0 articles on an average week.

MarketBeat Follows

1 people have added NextPlat to their MarketBeat watchlist in the last 30 days.

Company Ownership

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

Insider Buying vs. Insider Selling

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

Percentage Held by Insiders

49.90% of the stock of NextPlat is held by insiders. A high percentage of insider ownership can be a sign of company health.

Percentage Held by Institutions

Only 1.30% of the stock of NextPlat is held by institutions.

NXPL Stock Analysis - Frequently Asked Questions

How have NXPL shares performed this year?

NextPlat's stock was trading at $1.65 at the beginning of the year. Since then, NXPL shares have decreased by 27.3% and is now trading at $1.20.
View the best growth stocks for 2024 here.

Who are NextPlat's major shareholders?

NextPlat's top institutional shareholders include Omnia Family Wealth LLC (0.49%). Insiders that own company stock include Rodney Barreto and John Edward Miller.
View institutional ownership trends.

How do I buy shares of NextPlat?

Shares of NXPL 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.

What other stocks do shareholders of NextPlat own?

Based on aggregate information from My MarketBeat watchlists, some other companies that NextPlat investors own include NeuroSense Therapeutics (NRSN), Aldeyra Therapeutics (ALDX), Biodexa Pharmaceuticals (BDRX), Candel Therapeutics (CADL), CleanSpark (CLSK), CXApp (CXAI) and DiaMedica Therapeutics (DMAC).

Company Calendar

• Today: 12/21/2024
• Fiscal Year End: 12/31/2024

Industry, Sector and Symbol

• Stock Exchange: NASDAQ
• Sector: Retail/Wholesale
• Industry: Telephone communication, except radio
• Sub-Industry: Communication
• Current Symbol: NASDAQ:NXPL
• CUSIP: N/A
• CIK: 1058307
• Web: www.orbsat.com
• Phone: (305) 560-5355
• Fax: N/A
• Employees: 5
• Year Founded: N/A

Profitability

• EPS (Most Recent Fiscal Year): ($0.68)
• Trailing P/E Ratio: N/A
• Forward P/E Ratio: N/A
• P/E Growth: N/A
• Net Income: $-3,780,000.00
• Net Margins: -19.11%
• Pretax Margin: -52.33%
• Return on Equity: 14.24%
• Return on Assets: 10.39%

Debt

• Debt-to-Equity Ratio: 0.04
• Current Ratio: 3.70
• Quick Ratio: 3.04

Sales & Book Value

• Annual Sales: $66.48 million
• Price / Sales: 0.47
• Cash Flow: $0.09 per share
• Price / Cash Flow: 13.05
• Book Value: $2.57 per share
• Price / Book: 0.47

Miscellaneous

• Outstanding Shares: 25,963,000
• Free Float: 13,007,000
• Market Cap: $31.16 million
• Optionable: Not Optionable
• Beta: 0.85