NextTrip (NTRP) Expected to Announce Earnings on Tuesday

NextTrip (NASDAQ:NTRP) is expected to be announcing its results before the market opens on Tuesday, January 13th. Analysts expect the company to announce earnings of ($0.16) per share and revenue of $2.5210 million for the quarter.

NextTrip (NASDAQ:NTRP) last announced its earnings results on Wednesday, October 15th. The company reported ($0.39) EPS for the quarter. NextTrip had a negative return on equity of 298.91% and a negative net margin of 1,323.22%.The company had revenue of $0.76 million for the quarter. On average, analysts expect NextTrip to post $-1 EPS for the current fiscal year and $0 EPS for the next fiscal year.

NextTrip Stock Down 3.4%

Shares of NTRP opened at $3.41 on Friday. The company has a debt-to-equity ratio of 0.02, a quick ratio of 0.70 and a current ratio of 0.70. The firm has a market cap of $46.46 million, a P/E ratio of -2.42 and a beta of 1.42. The firm’s 50-day simple moving average is $3.83 and its 200 day simple moving average is $3.77. NextTrip has a 52 week low of $1.50 and a 52 week high of $7.78.

Insider Buying and Selling

In related news, Director Andrew Jay Kaplan purchased 33,400 shares of the firm’s stock in a transaction on Tuesday, November 4th. The stock was purchased at an average cost of $3.00 per share, with a total value of $100,200.00. Following the completion of the purchase, the director owned 108,400 shares in the company, valued at approximately $325,200. This trade represents a 44.53% increase in their position. The acquisition was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. Insiders own 44.50% of the company’s stock.

Analyst Ratings Changes

Separately, Weiss Ratings reissued a “sell (d-)” rating on shares of NextTrip in a research note on Monday, December 29th. One investment analyst has rated the stock with a Hold rating and one has issued a Sell rating to the company. According to data from MarketBeat, the company currently has a consensus rating of “Reduce” and an average price target of $5.00.

NextTrip Company Profile

NextTrip, Inc, through its subsidiaries, engages in the provision of travel technology solutions in the United States. The company offers NXT2.0, a booking engine technology platform, which provides travel distributors access to an inventory. It is also involved in the provision of online leisure travel agency services for booking hotels, flights, and curated vacations. The company was formerly known as Sigma Additive Solutions, Inc and changed its name to NextTrip, Inc in March 2024. NextTrip, Inc is based in Sunrise, Florida.