NASDAQ:GSVC - NeXt Innovation Stock Price, News, & Analysis

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$7.08 -0.14 (-1.94 %)
(As of 03/22/2019 04:00 PM ET)
Previous Close$7.22
Today's Range$7.00 - $7.29
52-Week Range$4.99 - $8.60
Volume239,296 shs
Average Volume136,356 shs
Market Capitalization$141.00 million
P/E Ratio-19.14
Dividend YieldN/A
Beta1.69
GSV Capital Corp. is specializing in growth capital, B round and beyond, emerging growth, and pre-IPO investments in late stage venture-backed private companies. It makes direct (primary rounds) investments in companies and also makes secondary direct investments. The fund may also invest in select publicly-traded equity securities of companies that otherwise meet its investment criteria. It seeks to invest in the technology subsectors of social/mobile marketplaces, sustainability, cloud computing and big data, social media, mobile computing and applications, software as a service, Internet commerce, green technology and education technology. The fund invests in the form of non-controlling equity and equity-related investments, including common stock, warrants, preferred stock and similar forms of senior equity, which may or may not be convertible into a portfolio company's common equity, and convertible debt securities with a significant equity component. It will invest in companies based in United States. It generally invests in companies with a market value of over $100 million. Typically, the firm exits its position within 18 months of going public, or 12 months after any relevant lock-up has expired.

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Industry, Sector and Symbol

Industry Investment offices, not elsewhere classified
Sub-IndustryAsset Management & Custody Banks
SectorFinance
Current SymbolNASDAQ:GSVC
CUSIP36191J10
Phone650-235-4769

Debt

Price-To-Earnings

Sales & Book Value

Annual Sales$1.62 million
Book Value$9.60 per share

Profitability

Net Income$890,000.00

Miscellaneous

EmployeesN/A
Market Cap$141.00 million
Next Earnings Date5/14/2019 (Estimated)
OptionableOptionable

NeXt Innovation (NASDAQ:GSVC) Frequently Asked Questions

What is NeXt Innovation's stock symbol?

NeXt Innovation trades on the NASDAQ under the ticker symbol "GSVC."

How will NeXt Innovation's stock buyback program work?

NeXt Innovation announced that its board has initiated a stock buyback program on Thursday, November 9th 2017, which allows the company to repurchase $5,000,000.00 in outstanding shares, according to EventVestor. This repurchase authorization allows the company to purchase shares of its stock through open market purchases. Shares repurchase programs are usually a sign that the company's board of directors believes its shares are undervalued.

How were NeXt Innovation's earnings last quarter?

NeXt Innovation Corp (NASDAQ:GSVC) released its quarterly earnings data on Wednesday, August, 8th. The investment management company reported $0.35 EPS for the quarter, beating the consensus estimate of ($0.06) by $0.41. The investment management company earned $0.59 million during the quarter. NeXt Innovation had a negative return on equity of 3.57% and a net margin of 57.21%. View NeXt Innovation's Earnings History.

When is NeXt Innovation's next earnings date?

NeXt Innovation is scheduled to release their next quarterly earnings announcement on Tuesday, May 14th 2019. View Earnings Estimates for NeXt Innovation.

What price target have analysts set for GSVC?

2 Wall Street analysts have issued twelve-month price targets for NeXt Innovation's stock. Their forecasts range from $11.00 to $11.50. On average, they anticipate NeXt Innovation's share price to reach $11.25 in the next year. This suggests a possible upside of 58.9% from the stock's current price. View Analyst Price Targets for NeXt Innovation.

What is the consensus analysts' recommendation for NeXt Innovation?

2 Wall Street analysts have issued "buy," "hold," and "sell" ratings for NeXt Innovation in the last year. There are currently 2 buy ratings for the stock, resulting in a consensus recommendation of "Buy." View Analyst Ratings for NeXt Innovation.

What are Wall Street analysts saying about NeXt Innovation stock?

Here are some recent quotes from research analysts about NeXt Innovation stock:
  • 1. According to Zacks Investment Research, "GSV Capital Corp. is an externally managed non-diversified closed-end management investment company. The Company invests principally in the equity securities of venture capital-backed, rapidly growing emerging companies. It acquires its investments through secondary market transactions, direct investments with portfolio companies and through transactions executed on public securities exchanges. The Company is managed by GSV Asset Management, LLC. " (3/20/2019)
  • 2. Barrington Research analysts commented, "We are optimistic that continued strength in the IPO market and continued M&A activity will be a positive catalyst for GSV. The IPO market rebounded in 2017 with 153 IPOs for proceeds of $32 billion, versus 102 IPOs for proceeds of $19 billion in 2016. Year to date, there have been 65 IPOs for proceeds of $19 billion, both of which were up 28% YOY. As such, we are reiterating our OUTPERFORM investment rating and our price target of $11." (5/9/2018)

Has NeXt Innovation been receiving favorable news coverage?

Media stories about GSVC stock have trended somewhat positive this week, according to InfoTrie Sentiment Analysis. InfoTrie identifies positive and negative media coverage by reviewing more than six thousand blog and news sources in real-time. The firm ranks coverage of publicly-traded companies on a scale of negative five to five, with scores nearest to five being the most favorable. NeXt Innovation earned a coverage optimism score of 0.9 on InfoTrie's scale. They also assigned news coverage about the investment management company a news buzz of 2.0 out of 10, indicating that recent media coverage is very unlikely to have an effect on the company's share price in the next few days.

Who are some of NeXt Innovation's key competitors?

What other stocks do shareholders of NeXt Innovation own?

Based on aggregate information from My MarketBeat watchlists, some companies that other NeXt Innovation investors own include Micron Technology (MU), AT&T (T), Verizon Communications (VZ), Alibaba Group (BABA), Netflix (NFLX), Citigroup (C), Advanced Micro Devices (AMD), Opko Health (OPK), Bank of America (bac) and NVIDIA (NVDA).

Who are NeXt Innovation's key executives?

NeXt Innovation's management team includes the folowing people:
  • Mr. Mark David Klein, Pres & CEO (Age 57)
  • Mr. Luben Pampoulov, Co-Founder & Co-Portfolio Mang. (Age 38)
  • Ms. Allison Green, Sr. VP of Fin., Treasurer & Sec. (Age 34)
  • Mr. Carl M. Rizzo J.D., Chief Compliance Officer (Age 67)
  • Mr. Nicholas Franco, VP

How do I buy shares of NeXt Innovation?

Shares of GSVC can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Scottrade, Fidelity and Charles Schwab.

What is NeXt Innovation's stock price today?

One share of GSVC stock can currently be purchased for approximately $7.08.

How big of a company is NeXt Innovation?

NeXt Innovation has a market capitalization of $141.00 million and generates $1.62 million in revenue each year. The investment management company earns $890,000.00 in net income (profit) each year or ($0.37) on an earnings per share basis.

What is NeXt Innovation's official website?

The official website for NeXt Innovation is http://www.gsvcap.com.

How can I contact NeXt Innovation?

NeXt Innovation's mailing address is 2925 WOODSIDE ROAD, WOODSIDE CA, 94062. The investment management company can be reached via phone at 650-235-4769.


MarketBeat Community Rating for NeXt Innovation (NASDAQ GSVC)

Community Ranking:  2.8 out of 5 (star star)
Outperform Votes:  197 (Vote Outperform)
Underperform Votes:  149 (Vote Underperform)
Total Votes:  346
MarketBeat's community ratings are surveys of what our community members think about NeXt Innovation and other stocks. Vote "Outperform" if you believe GSVC will outperform the S&P 500 over the long term. Vote "Underperform" if you believe GSVC will underperform the S&P 500 over the long term. You may vote once every thirty days.
This page was last updated on 3/23/2019 by MarketBeat.com Staff

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