NextTrip (NTRP) Projected to Post Quarterly Earnings on Tuesday

NextTrip (NASDAQ:NTRP) is projected to announce 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 issued its quarterly earnings data on Wednesday, October 15th. The company reported ($0.39) earnings per share for the quarter. The business had revenue of $0.76 million during 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

NTRP opened at $3.41 on Monday. The company’s 50 day moving average is $3.83 and its 200 day moving average is $3.78. The company has a current ratio of 0.70, a quick ratio of 0.70 and a debt-to-equity ratio of 0.02. The company has a market cap of $46.44 million, a price-to-earnings ratio of -2.42 and a beta of 1.42. NextTrip has a 12-month low of $1.50 and a 12-month high of $7.78.

Analyst Upgrades and Downgrades

Separately, Weiss Ratings reissued 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 assigned a Sell rating to the company’s stock. According to MarketBeat.com, NextTrip currently has an average rating of “Reduce” and an average price target of $5.00.

Insider Activity at NextTrip

In other NextTrip news, Director Andrew Jay Kaplan bought 33,400 shares of the business’s stock in a transaction that occurred 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 acquisition, the director owned 108,400 shares in the company, valued at $325,200. This trade represents a 44.53% increase in their position. The acquisition was disclosed in a filing with the Securities & Exchange Commission, which is available through the SEC website. Corporate insiders own 44.50% of the company’s stock.

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.