NXT Stock Overview
Nextracker Inc., an energy solutions company, provides solar tracker and software solutions for utility-scale and ground-mounted distributed generation solar projects worldwide.
| Snowflake Score | |
|---|---|
| Valuation | 3/6 |
| Future Growth | 5/6 |
| Past Performance | 5/6 |
| 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$43.76 |
| 52 Week High | US$62.14 |
| 52 Week Low | US$29.28 |
| Beta | 0 |
| 1 Month Change | -24.58% |
| 3 Month Change | 0.51% |
| 1 Year Change | 38.96% |
| 3 Year Change | n/a |
| 5 Year Change | n/a |
| Change since IPO | 43.66% |
Recent News & Updates
These 4 Measures Indicate That Nextracker (NASDAQ:NXT) Is Using Debt Safely
Apr 13
Nextracker: Multiple Drivers To Aim For A Prosperous Future
Apr 11Recent updates
These 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 | -0.5% | 6.0% | 2.9% |
| 1Y | 39.0% | 33.8% | 22.2% |
Return vs Industry: NXT exceeded the US Electrical industry which returned 31.9% over the past year.
Return vs Market: NXT exceeded the US Market which returned 21.9% over the past year.
Price Volatility
| NXT volatility | |
|---|---|
| NXT Average Weekly Movement | 8.7% |
| Electrical Industry Average Movement | 9.7% |
| Market Average Movement | 6.0% |
| 10% most volatile stocks in US Market | 16.6% |
| 10% least volatile stocks in US Market | 3.0% |
Stable Share Price: NXT's share price has been volatile over the past 3 months.
Volatility Over Time: NXT's weekly volatility (9%) 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$6.32b |
| Earnings (TTM) | US$102.22m |
| Revenue (TTM) | US$2.28b |
58.5x
P/E Ratio2.6x
P/S RatioIs NXT overvalued?
See Fair Value and valuation analysisEarnings & Revenue
| NXT income statement (TTM) | |
|---|---|
| Revenue | US$2.28b |
| Cost of Revenue | US$1.72b |
| Gross Profit | US$562.89m |
| Other Expenses | US$460.67m |
| Earnings | US$102.22m |
Last Reported Earnings
Dec 31, 2023
Next Earnings Date
May 14, 2024
| Earnings per share (EPS) | 0.75 |
| Gross Margin | 24.67% |
| Net Profit Margin | 4.48% |
| Debt/Equity Ratio | 19.3% |
How did NXT perform over the long term?
See historical performance and comparison