NextTrip (NTRP) Expected to Announce Quarterly Earnings on Tuesday

NextTrip (NASDAQ:NTRP) will likely be posting its results before the market opens on Tuesday, January 13th. Analysts expect NextTrip to post earnings of ($0.16) per share and revenue of $2.5210 million for the quarter.

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

NextTrip Stock Performance

Shares of NTRP stock opened at $3.80 on Tuesday. NextTrip has a 52 week low of $1.50 and a 52 week high of $8.50. The company has a market capitalization of $33.06 million, a price-to-earnings ratio of -2.70 and a beta of 1.42. The company has a 50-day simple moving average of $3.91 and a 200 day simple moving average of $3.77. The company has a debt-to-equity ratio of 0.02, a quick ratio of 0.70 and a current ratio of 0.70.

Insider Activity

In related news, Director Andrew Jay Kaplan bought 33,400 shares of the business’s stock in a transaction on Tuesday, November 4th. The shares were purchased at an average price of $3.00 per share, for a total transaction of $100,200.00. Following the completion of the transaction, the director directly owned 108,400 shares of the company’s stock, valued at approximately $325,200. This represents a 44.53% increase in their position. The acquisition was disclosed in a document filed with the SEC, which is available through this link. Company insiders own 44.50% of the company’s stock.

Analyst Ratings Changes

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