4.5% Above Target

Wall Street's consensus price target for NGS is $42, -4.5% from its current price of $43.99. The below-market target from 16 analysts suggests limited near-term appreciation.

NGS has a consensus rating of "Buy" based on 16 Wall Street analysts. The rating breakdown is predominantly bullish, with 11 Buy/Strong Buy ratings. The consensus 12-month price target of $42 implies -4.5% downside from current levels.

NGS trades at a forward P/E of 21.4585x, representing a moderate valuation. With analysts targeting $42 (-4.5% implied move), the stock appears close to fair value.

The most bullish Wall Street analyst has a price target of $42 for NGS, while the most conservative target is $42. The consensus of $42 represents the median expectation. Our quantitative valuation model projects a bull case target of $30 based on optimistic growth and margin assumptions. These targets typically reflect 12-month expectations.

NGS is well covered by analysts, with 16 analysts providing price targets and ratings. Of these, 0 have Strong Buy ratings, 11 have Buy ratings, 5 recommend Hold, and 0 have Sell or Strong Sell ratings. Higher analyst coverage generally indicates greater institutional interest and more reliable consensus estimates.

The 12-month NGS stock forecast based on 16 Wall Street analysts shows a consensus price target of $42, with estimates ranging from $42 (bear case) to $42 (bull case). The median consensus rating is "Buy". Our proprietary valuation model produces a base case fair value of $23, with bear/bull scenarios of $14/$30.

Our quantitative valuation model calculates NGS's fair value at $23 (base case), with a bear case of $14 and bull case of $30. The model uses discounted cash flow analysis, historical growth rates, and margin mean-reversion to project FY+2 earnings, then applies an appropriate P/E multiple. The model confidence score is 43/100.

NGS trades at a forward P/E ratio of 21.5x based on next-twelve-months earnings estimates compared to a trailing P/E of 28.0x. The lower forward P/E indicates analysts expect earnings growth. A forward P/E is useful for comparing valuations when earnings are expected to change significantly.

Analysts are cautious on NGS, with 0 Sell ratings and a price target of $42 (-4.5% from current price). The "Buy" consensus suggests careful evaluation before buying. This information is for educational purposes only. Always conduct your own research, consider your financial situation, and consult a financial advisor before making investment decisions.

NGS analyst price targets range from $42 to $42, a 0% tight range reflecting strong analyst consensus. Differences stem from varying assumptions about revenue growth, profit margins, competitive dynamics, and valuation multiples. The $42 consensus represents the middle ground. Our model's $14-$30 range provides an independent fundamental perspective.