How reliable are NTRP's quarterly EPS forecasts?
4/12/2025 02:18pm
**NextTrip's (NTRP) quarterly EPS forecasts are not currently forming a reliable pattern.** Here's an analysis based on the available data:
1. **Recent Financial Challenges**: NextTrip has faced significant financial challenges, with an overall health score rated as WEAK. The company's stockholders' equity fell below the required $2.5 million threshold for continued listing on Nasdaq. However, the company believes it has regained compliance with Nasdaq’s minimum stockholders’ equity requirement.
2. **Analyst Expectations**: According to Zacks Investment Research, the consensus EPS forecast for the quarter is -$0.17. This indicates that analysts are expecting a negative earnings per share for the quarter.
3. **Historical Performance**: The available data does not provide a clear picture of NTRP's historical EPS performance. The most recent data shows a decrease of 11.84% in the stock price, with an EPS estimate of -$0.34 for the upcoming quarter.
4. **Market Capitalization and Financial Health Indicators**: NextTrip's market capitalization is $6.32 million, and the company operates with a concerning current ratio of 0.24, indicating potential liquidity challenges. The company also carries a debt burden of $3.79 million.
5. **Recent Company Milestones**: NextTrip has completed key milestones, including the launch of its leisure travel booking platform and the initiation of its group travel booking platform. The company has also signed up at least 100 travel agents to its travel agent platform. Additionally, NextTrip has unveiled its new online cruise booking platform, NextTrip Cruise, which is expected to streamline the cruise planning process for travelers.
In conclusion, while NextTrip has taken steps to address its financial challenges and has completed significant operational milestones, the reliability of its quarterly EPS forecasts cannot be determined without a clear historical context and more specific financial data. Investors should exercise caution and consider these factors along with other relevant information before making investment decisions.