We started the process of determining a valid price forecast for Nxt-ID Inc with a discounted cash flow analysis -- the results of which can be found in the table below. To summarize, we found that Nxt-ID Inc ranked in the 78th percentile in terms of potential gain offered. Moreover, under all the scenarios we modelled, the output consistently forecasted positive returns. The most interesting components of our discounted cash flow analysis for Nxt-ID Inc ended up being:
The company's balance sheet shows it gets 53% of its capital from equity, and 47% of its capital from debt. Notably, its equity weight is greater than only 24.31% of US equities in the Industrials sector yielding a positive free cash flow.
Nxt-ID Inc's effective tax rate, as measured by taxes paid relative to net income, is at 0 -- greater than only 0% of US stocks with positive free cash flow.
Terminal Growth Rate in Free Cash Flow
Return Relative to Current Share Price
For other companies in the Industrials that have a similar discounted cashflow valuation profile (and ensuing price forecasts) as NXTD, try TAYD, TRNS, MGRC, APWC, and NMM.
Nxt-ID, Inc. (NXTD) Q2 2020 Earnings Conference Call August 18, 2020 04:10 AM ET Company Participants Vin Miceli - Chief Executive Officer Kevin O’Connor - President of LogicMark Presentation Operator Ladies and gentlemen, thank you for standing by and welcome to the Nxt-ID Investor Webcast. At this time, all participants...
This device will assist seniors to live more independently by easily notifying family, friends and first responders when they need emergency medical assistance. Oxford Connecticut, June 30, 2020 (GLOBE NEWSWIRE) -- Nxt-ID, Inc. (NXTD) today announced that its wholly-owned subsidiary LogicMark, LLC will commence field testing of its newly designed WiFiNotifi device, a Personal Emergency Response System (PERS) that has been designed in order to provide seniors and their families and friends with peace of mind. For seniors who are living independently, and in many cases alone or in assisted living facilities, the WiFiNotifi device will allow them to alert friends and family via text messaging if they need medical assistance with the touch of a button on a wearable pendant.
Nxt-ID, Inc. (NASDAQ: NXTD) (the “Company”), a provider of healthcare devices and services, announces results for the year and three months ended December 31, 2019. Revenue from continuing operations for the year and three months ended December 31, 2019 was approximately $17.1 million and $4.0 million, respectively, essentially flat in both periods as compared to the same 2018 periods. Gross profit from continuing operations for year and three months ended December 31, 2019 was approximately $12.8 million and $2.9 million, respectively compared to approximately $12.3 million and $2.8 million for the same 2018 periods.