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Nextracker NasdaqGS:NXT Stock Report

Last Price

US$54.79

Market Cap

US$8.2b

7D

-7.5%

1Y

41.8%

Updated

21 Jun, 2024

Data

Company Financials +

NXT Stock Overview

An energy solutions company, provides solar tracker and software solutions for utility-scale and distributed generation solar projects in the United States and internationally.

NXT fundamental analysis
Snowflake Score
Valuation2/6
Future Growth3/6
Past Performance6/6
Financial Health5/6
Dividends0/6

Nextracker Inc. Competitors

Price History & Performance

Summary of all time highs, changes and price drops for Nextracker
Historical stock prices
Current Share PriceUS$54.79
52 Week HighUS$62.31
52 Week LowUS$32.14
Beta0
11 Month Change2.53%
3 Month Change-6.29%
1 Year Change41.83%
33 Year Changen/a
5 Year Changen/a
Change since IPO79.88%

Recent News & Updates

Nextracker: Competitive Pressures Should Compress Margins Over Time

Jun 18

With EPS Growth And More, Nextracker (NASDAQ:NXT) Makes An Interesting Case

Jun 12
With EPS Growth And More, Nextracker (NASDAQ:NXT) Makes An Interesting Case

Nextracker Inc.'s (NASDAQ:NXT) Shares Climb 29% But Its Business Is Yet to Catch Up

May 25
Nextracker Inc.'s (NASDAQ:NXT) Shares Climb 29% But Its Business Is Yet to Catch Up

Recent updates

Nextracker: Competitive Pressures Should Compress Margins Over Time

Jun 18

With EPS Growth And More, Nextracker (NASDAQ:NXT) Makes An Interesting Case

Jun 12
With EPS Growth And More, Nextracker (NASDAQ:NXT) Makes An Interesting Case

Nextracker Inc.'s (NASDAQ:NXT) Shares Climb 29% But Its Business Is Yet to Catch Up

May 25
Nextracker Inc.'s (NASDAQ:NXT) Shares Climb 29% But Its Business Is Yet to Catch Up

Nextracker: Rising Star In The Solar Industry

May 16

Are Investors Undervaluing Nextracker Inc. (NASDAQ:NXT) By 42%?

May 05
Are Investors Undervaluing Nextracker Inc. (NASDAQ:NXT) By 42%?

These 4 Measures Indicate That Nextracker (NASDAQ:NXT) Is Using Debt Safely

Apr 13
These 4 Measures Indicate That Nextracker (NASDAQ:NXT) Is Using Debt Safely

Nextracker: Multiple Drivers To Aim For A Prosperous Future

Apr 11

There's Reason For Concern Over Nextracker Inc.'s (NASDAQ:NXT) Price

Mar 01
There's Reason For Concern Over Nextracker Inc.'s (NASDAQ:NXT) Price

Nextracker's (NASDAQ:NXT) Performance Is Even Better Than Its Earnings Suggest

Feb 07
Nextracker's (NASDAQ:NXT) Performance Is Even Better Than Its Earnings Suggest

Nextracker: Q3 Earnings, The 'Skeletal System' For Solar Power

Feb 03

A Look At The Fair Value Of Nextracker Inc. (NASDAQ:NXT)

Jan 19
A Look At The Fair Value Of Nextracker Inc. (NASDAQ:NXT)

Nextracker Inc.: Riding The Solar Power Tide While Growing Profitably

Jan 14

A Look At The Fair Value Of Nextracker Inc. (NASDAQ:NXT)

Oct 03
A Look At The Fair Value Of Nextracker Inc. (NASDAQ:NXT)

Shareholder Returns

NXTUS ElectricalUS Market
7D-7.5%0.3%0.5%
1Y41.8%19.7%23.9%

Return vs Industry: NXT exceeded the US Electrical industry which returned 19.5% over the past year.

Return vs Market: NXT exceeded the US Market which returned 22.9% over the past year.

Price Volatility

Is NXT's price volatile compared to industry and market?
NXT volatility
NXT Average Weekly Movement7.9%
Electrical Industry Average Movement9.5%
Market Average Movement5.7%
10% most volatile stocks in US Market15.4%
10% least volatile stocks in US Market2.8%

Stable Share Price: NXT has not had significant price volatility in the past 3 months.

Volatility Over Time: NXT's weekly volatility (8%) has been stable over the past year.

About the Company

FoundedEmployeesCEOWebsite
20131,050Dan Shugarwww.nextracker.com

Nextracker Inc., an energy solutions company, provides solar tracker and software solutions for utility-scale and distributed generation solar projects in the United States and internationally. The company offers tracking solutions, which includes NX Horizon, a solar tracking solution; 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 TrueCapture, a self-adjusting tracker control system, which boosts solar power plant production by optimizing the position of individual tracker row in response to site features, such as varying topography and changing weather conditions; and NX Navigator, that assists solar power plant owners and operators in monitoring, controlling, and protecting their solar projects.

Nextracker Inc. Fundamentals Summary

How do Nextracker's earnings and revenue compare to its market cap?
NXT fundamental statistics
Market capUS$8.23b
Earnings (TTM)US$306.24m
Revenue (TTM)US$2.50b

25.3x

P/E Ratio

3.1x

P/S Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
NXT income statement (TTM)
RevenueUS$2.50b
Cost of RevenueUS$1.81b
Gross ProfitUS$691.64m
Other ExpensesUS$385.40m
EarningsUS$306.24m

Last Reported Earnings

Mar 31, 2024

Next Earnings Date

n/a

Earnings per share (EPS)2.17
Gross Margin27.67%
Net Profit Margin12.25%
Debt/Equity Ratio14.9%

How did NXT perform over the long term?

See historical performance and comparison
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