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Nextdc is an information technology services business based in Australia. Nextdc shares (NXT) are listed on the Australian Securities Exchange (ASX) and all prices are in Australian dollars. Nextdc has a trailing 12-month revenue of around $404.3 million. If you're looking to buy shares, check out the steps below.
How to buy shares in Nextdc
To buy shares listed in Australia such as Nextdc, you'll need to sign up to a broker with access to the ASX. Our table can help you compare share trading platforms and choose or you can see our list of the best share trading platforms in Australia. Then follow these steps.
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Open and fund your brokerage account. Complete an application with your personal and financial details, including your ID and tax file number. Fund your account with a bank transfer, PayPal or debit card.
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Search for Nextdc. Find the share by name or ticker symbol: NXT. Research its history to confirm it's a solid investment against your financial goals.
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Purchase now or later. Buy today with a market order or use a limit order to delay your purchase until Nextdc reaches your desired price. Look into dollar-cost averaging to spread out your risk, which smooths out buying at consistent intervals and amounts.
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Decide on how many to buy. At today's price, weigh your budget against a diversified portfolio that can minimise risk through the market's ups and downs.
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Check on your investment. Congratulations, you own a part of Nextdc. Optimise your portfolio by tracking how your stock and the business performs with an eye on the long term. You may be eligible for dividends and shareholder voting rights on directors and management that affect your stock.
Where to buy shares
The value of your investments can fall as well as rise and you may get back less than you invested. Past performance is no indication of future results.
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Is it a good time to buy Nextdc stock?
The technical analysis gauge below displays real-time ratings for the timeframes you select. However, this is not a recommendation. It represents a technical analysis based on the most popular technical indicators: Moving Averages, Oscillators and Pivots. Finder might not concur and takes no responsibility.
Nextdc price performance over time
Historical closes compared with the last close of A$17.83
| 1 week (2024-10-04) | 0.39% |
|---|---|
| 1 month (2024-09-11) | 5.82% |
| 3 months (2024-07-11) | -2.83% |
| 6 months (2024-04-11) | 7.91% |
| 1 year (2023-10-11) | 38.32% |
|---|---|
| 2 years (2022-10-11) | 101.01% |
| 3 years (2021-10-11) | 53.05% |
| 5 years (2019-10-11) | 181.67% |
Is Nextdc under- or over-valued?
Valuing Nextdc stock is incredibly difficult, and any metric has to be viewed as part of a bigger picture of Nextdc's overall performance. However, analysts commonly use some key metrics to help gauge the value of a stock.
Nextdc's EBITDA
Nextdc's EBITDA (earnings before interest, taxes, depreciation and amortisation) is $174.2 million (£0.0 million).
The EBITDA is a measure of a Nextdc's overall financial performance and is widely used to measure stock profitability.
Nextdc financials
| Revenue TTM | $404.3 million |
|---|---|
| Gross profit TTM | $235.9 million |
| Return on assets TTM | 0.39% |
| Return on equity TTM | -1.5% |
| Profit margin | -10.92% |
| Book value | 5.94 |
| Market capitalisation | $11.2 billion |
TTM: trailing 12 months
Nextdc share dividends
We're not expecting Nextdc to pay a dividend over the next 12 months.
Nextdc share price volatility
Over the last 12 months, Nextdc's shares have ranged in value from as little as $11.59 up to $18.58. A popular way to gauge a stock's volatility is its "beta".
Beta measures a share's volatility in relation to the market. The market (AU average) beta is 1, while Nextdc's is 0.337. This would suggest that Nextdc's shares are less volatile than average (for this exchange).
Nextdc overview
NEXTDC Limited develops and operates data centers in Australia and the Asia-Pacific region. The company offers data center colocation solutions, such as rack spaces, private suites and cages, high performance computing, remote hands, and amenities; mission critical spaces; data center migration and relocation solutions; e-waste recycling, IT asset disposal and destruction, and carbon neutral solutions; build-to-suit and wholesale data center solutions; disaster recovery and business continuity solutions; security and compliance solutions; and edge data centers. It also provides self-service portals comprising ONEDC, a data center infrastructure management solution; and AXON, an interconnectivity platform. The company was incorporated in 2010 and is headquartered in Brisbane, Australia.
Nextdc in the news
NEXTDC First Half 2024 Earnings: AU$0.044 loss per share (vs AU$0.006 loss in 1H 2023)
Insider Stock Buying Reaches AU$1.19m On NEXTDC
Individual investors account for 56% of NEXTDC Limited's (ASX:NXT) ownership, while institutions account for 43%
Frequently asked questions
Disclaimer: This information should not be interpreted as an endorsement of futures, stocks, ETFs, CFDs, options or any specific provider, service or offering. It should not be relied upon as investment advice or construed as providing recommendations of any kind. Futures, stocks, ETFs and options trading involves substantial risk of loss and therefore are not appropriate for all investors. Trading CFDs comes with a higher risk of losing money rapidly due to leverage. Past performance is not an indication of future results. Consider your own circumstances, and obtain your own advice, before making any trades.
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