GSV Capital Corp is a non-diversified closed-ended fund company. The fund invests in public and private companies located in the US and Non-US. It targets companies operating in the fields of social media, mobile computing and apps, cloud computing, software services, green technology, and education technology. It makes minority investments and provides financing for later-stage capital requirements.
Industry, Sector and Symbol
Stock Exchange NASDAQ
Industry Investment offices, not elsewhere classified
Sub-IndustryAsset Management & Custody Banks
SectorFinance
Current SymbolNASDAQ:GSVC
Previous Symbol
CUSIP36191J10
Phone650-235-4769
Debt
Debt-to-Equity Ratio0.18
Current Ratio0.36
Quick Ratio0.36
Price-To-Earnings
Trailing P/E Ratio-7.39
Forward P/E Ratio17.55
P/E GrowthN/A
Sales & Book Value
Annual Sales$850,000.00
Price / Sales169.47
Cash FlowN/A
Price / CashN/A
Book Value$9.60 per share
Price / Book0.73
Profitability
EPS (Most Recent Fiscal Year)($0.95)
Net Income$17.56 million
Net MarginsN/A
Return on Equity-6.11%
Return on Assets-3.33%
Miscellaneous
EmployeesN/A
Outstanding Shares20,520,000
Market Cap$147.75 million
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 of Directors has initiated a stock buyback program on Thursday, November 9th 2017, which permits the company to repurchase $5,000,000.00 in shares, according to EventVestor. This repurchase authorization permits the company to reacquire shares of its stock through open market purchases. Shares repurchase programs are typically an indication 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) announced its quarterly earnings data on Wednesday, August, 8th. The investment management company reported $0.35 earnings per share (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. View NeXt Innovation's Earnings History.
When is NeXt Innovation's next earnings date?
What price target have analysts set for GSVC?
2 brokerages have issued 12 month price targets for NeXt Innovation's stock. Their forecasts range from $11.00 to $11.50. On average, they expect NeXt Innovation's stock price to reach $11.25 in the next twelve months. This suggests a possible upside of 60.3% 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. " (10/10/2018)
- 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?
Headlines about GSVC stock have trended extremely negative on Wednesday, InfoTrie Sentiment reports. InfoTrie identifies positive and negative media coverage by monitoring more than six thousand news and blog sources in real time. The firm ranks coverage of publicly-traded companies on a scale of negative five to positive five, with scores nearest to five being the most favorable. NeXt Innovation earned a news sentiment score of -4.0 on InfoTrie's scale. They also assigned media stories about the investment management company a news buzz of 10.0 out of 10, indicating that recent media coverage is extremely likely to have an impact on the company's share price in the next few days.
Who are some of NeXt Innovation's key competitors?
Some companies that are related to NeXt Innovation include The India Fund (IFN), BlackRock Debt Strategies Fund (DSU), INVESCO VAN KAM/COM (VCV), Putnam Premier Income Trust (PPT), Adams Natural Resources Fund (PEO), Western Asset Managed Municipals Fnd (MMU), Nuveen Pennsylvania Invsmt Qlty Mncpl Fd (NQP), BlackRock MuniHolding Insured Investm (MFL), Blackrock Muniassets Fund (MUA), Dreyfus Strategic Muni. (LEO), BlackRock MuniYield New York Insured Fnd (MYN), MFS Intermediate Income Trust (MIN), Blackrock Muniyld California Quty Fd (MCA), Putnam Municipal Opportunities Trust (PMO) and VanEck Vectors Biotech ETF (BBH).
Who are NeXt Innovation's key executives?
NeXt Innovation's management team includes the folowing people:
- Michael Thomas Moe, Chairman & Investment Officer
- Mark David Klein, Chief Executive Officer & Director
- William F. Tanona, President, CFO, Secretary & Treasurer
- Carl M. Rizzo, Chief Compliance Officer
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 $7.02.
How big of a company is NeXt Innovation?
NeXt Innovation has a market capitalization of $147.75 million and generates $850,000.00 in revenue each year. The investment management company earns $17.56 million in net income (profit) each year or ($0.95) on an earnings per share basis.
What is NeXt Innovation's official website?
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)
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.
