NXT Stock Overview
An energy solutions company, provides solar tracker and software solutions for utility-scale and ground-mounted distributed generation solar projects worldwide.
| Snowflake Score | |
|---|---|
| Valuation | 5/6 |
| Future Growth | 3/6 |
| Past Performance | 6/6 |
| Financial Health | 5/6 |
| Dividends | 0/6 |
Rewards
Risk Analysis
No risks detected for NXT from our risk checks.
Nextracker Inc. Competitors
Price History & Performance
| Historical stock prices | |
|---|---|
| Current Share Price | US$44.20 |
| 52 Week High | US$62.14 |
| 52 Week Low | US$32.14 |
| Beta | 0 |
| 1 Month Change | 0.45% |
| 3 Month Change | -26.71% |
| 1 Year Change | 12.87% |
| 3 Year Change | n/a |
| 5 Year Change | n/a |
| Change since IPO | 45.11% |
Recent News & Updates
Nextracker: Rising Star In The Solar Industry
May 16Are Investors Undervaluing Nextracker Inc. (NASDAQ:NXT) By 42%?
May 05
Recent updates
Nextracker: Rising Star In The Solar Industry
May 16Are Investors Undervaluing Nextracker Inc. (NASDAQ:NXT) By 42%?
May 05These 4 Measures Indicate That Nextracker (NASDAQ:NXT) Is Using Debt Safely
Apr 13Nextracker: Multiple Drivers To Aim For A Prosperous Future
Apr 11There's Reason For Concern Over Nextracker Inc.'s (NASDAQ:NXT) Price
Mar 01Nextracker's (NASDAQ:NXT) Performance Is Even Better Than Its Earnings Suggest
Feb 07Nextracker: Q3 Earnings, The 'Skeletal System' For Solar Power
Feb 03A Look At The Fair Value Of Nextracker Inc. (NASDAQ:NXT)
Jan 19Nextracker Inc.: Riding The Solar Power Tide While Growing Profitably
Jan 14A Look At The Fair Value Of Nextracker Inc. (NASDAQ:NXT)
Oct 03Shareholder Returns
| NXT | US Electrical | US Market | |
|---|---|---|---|
| 7D | 4.6% | -0.6% | 1.7% |
| 1Y | 12.9% | 33.9% | 26.3% |
Return vs Industry: NXT underperformed the US Electrical industry which returned 33.6% over the past year.
Return vs Market: NXT underperformed the US Market which returned 26.3% over the past year.
Price Volatility
| NXT volatility | |
|---|---|
| NXT Average Weekly Movement | 5.7% |
| Electrical Industry Average Movement | 9.2% |
| Market Average Movement | 5.9% |
| 10% most volatile stocks in US Market | 16.0% |
| 10% least volatile stocks in US Market | 2.8% |
Stable Share Price: NXT's share price has been volatile over the past 3 months.
Volatility Over Time: NXT's weekly volatility (6%) has been stable over the past year.
About the Company
| Founded | Employees | CEO | Website |
|---|---|---|---|
| 2013 | 606 | Dan Shugar | www.nextracker.com |
Nextracker Inc., an energy solutions company, provides solar tracker and software solutions for utility-scale and ground-mounted distributed generation solar projects worldwide. The company offers tracking solutions, which includes NX Horizon, a solar tracking solution; NX Gemini, a two-in-portrait format tracker, which holds two rows of solar panels along the central support beam; and NX Horizon-XTR, a terrain-following tracker designed to expand the addressable market for trackers on sites with sloped, uneven, and challenging terrain. It also provides monitoring and control software solutions including TrueCapture, a solar boosting power plant, which boost plant performance by correcting for shading and diffuse light conditions; and NX Navigator, a mitigating extreme weather risk navigator which helps to maintain optimum tracker equipment health and availability.
Nextracker Inc. Fundamentals Summary
| NXT fundamental statistics | |
|---|---|
| Market cap | US$6.39b |
| Earnings (TTM) | US$306.24m |
| Revenue (TTM) | US$2.50b |
19.7x
P/E Ratio2.4x
P/S RatioIs NXT overvalued?
See Fair Value and valuation analysisEarnings & Revenue
| NXT income statement (TTM) | |
|---|---|
| Revenue | US$2.50b |
| Cost of Revenue | US$1.69b |
| Gross Profit | US$813.05m |
| Other Expenses | US$506.81m |
| Earnings | US$306.24m |
Last Reported Earnings
Mar 31, 2024
Next Earnings Date
n/a
| Earnings per share (EPS) | 2.24 |
| Gross Margin | 32.52% |
| Net Profit Margin | 12.25% |
| Debt/Equity Ratio | 14.5% |
How did NXT perform over the long term?
See historical performance and comparison