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Investor Insights

This summary was created by AI, based on 1 opinions in the last 12 months.

NTG Clarity Networks (NCI-X) has recently undertaken a significant equity offering priced at $1.4, amounting to $5.2M, which represents about 10% of its market cap. This move is seen as a strategy to fund growth, especially in light of the company's recent upward revision of its FY2024 guidance. NCI anticipates revenues of approximately $55M, reflecting a 10% increase from prior estimates and improving its net income margin from 10% to 14%. This positive outlook stems from sustained demand from both new and existing customers, highlighting the company's strong execution and growth potential. However, with a market cap of just $50M, NCI remains a relatively small and illiquid stock, prompting a cautious yet optimistic approach from analysts and investors alike, suggesting a gradual accumulation of shares as the company continues its momentum.

Consensus
Buy
Valuation
Undervalued
TOP PICK

IT services. Like a "baby" GIB.A. Based in Toronto, but provides services mainly in the Middle East and mostly in Saudi Arabia. Diversified customer base. Sub-$100M market cap. Growing topline extremely fast, profitable, nice balance sheet. No dividend.

He likes to come on the show and sometimes present a name that investors haven't hear of. Only 1 analyst covers it; that will probably change. Over time, stock should move higher as awareness grows and valuation will expand.

(Analysts’ price target is $3.00)
PARTIAL BUY
Trevor Rose’s Insights - Trevor’s most-liked answers from 5i Research

NCI just issued an equity offering at a price of $1.4 for aggregate proceeds of $5.2M. The size of the offering is quite large (10% of NCI's market cap) relative to previous years’ equity issuance of around $1M. The purpose of the issuance could be to fund growth and take advantage of the record valuation in its share price. 

NCI just recently raised guidance for FY2024. NCI expects revenue to be around $55M, an increase of 10% over the previous projection of $50M, along with a revised net income margin to 14% from 10% previously. The result is driven by a sustained and rising demand from new and existing customers.

Overall, NCI is demonstrating strong execution, NCI is an interesting, profitable growth story that has shown solid momentum. But its market cap is just $50M, a really small and illiquid stock. We would be comfortable to add to NCI over time as the company continues to execute and we would be willing to average up.
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DON'T BUY

Spoke to the CEO recently. Have a nice little business. Kind of a service provider to utilities and telcos. Write software pieces that help them send bills to their customers. The trouble is, they don’t have one source of revenue, sort of a patch of many different things. Also, they are capital constrained and need to raise money. It is hard to predict where the earnings are going to come from.

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NTG Clarity Networks(NCI-X) Rating

Ranking : 4 out of 5

Star iconStar iconStar iconStar iconStar empty icon

Bullish - Buy Signals / Votes : 1

Neutral - Hold Signals / Votes : 0

Bearish - Sell Signals / Votes : 0

Total Signals / Votes : 1

Stockchase rating for NTG Clarity Networks is calculated according to the stock experts' signals. A high score means experts mostly recommend to buy the stock while a low score means experts mostly recommend to sell the stock.

NTG Clarity Networks(NCI-X) Frequently Asked Questions

What is NTG Clarity Networks stock symbol?

NTG Clarity Networks is a Canadian stock, trading under the symbol NCI-X on the TSX Venture Exchange (NCI-CV). It is usually referred to as TSXV:NCI or NCI-X

Is NTG Clarity Networks a buy or a sell?

In the last year, 1 stock analyst published opinions about NCI-X. 1 analyst recommended to BUY the stock. 0 analysts recommended to SELL the stock. The latest stock analyst recommendation is . Read the latest stock experts' ratings for NTG Clarity Networks.

Is NTG Clarity Networks a good investment or a top pick?

NTG Clarity Networks was recommended as a Top Pick by on . Read the latest stock experts ratings for NTG Clarity Networks.

Why is NTG Clarity Networks stock dropping?

Earnings reports or recent company news can cause the stock price to drop. Read stock experts’ recommendations for help on deciding if you should buy, sell or hold the stock.

Is NTG Clarity Networks worth watching?

1 stock analyst on Stockchase covered NTG Clarity Networks In the last year. It is a trending stock that is worth watching.

What is NTG Clarity Networks stock price?

On 2025-05-05, NTG Clarity Networks (NCI-X) stock closed at a price of $1.99.