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NEXTracker, Inc. Class A (NXT)
:NXT
RESEARCH TOOLSreports
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NXT Stock Chart & Stats
Day’s Range― - ―
52-Week Range$30.93 - $62.31
Previous CloseN/A
Volume1.27M
Average Volume (3M)2.26M
Market Cap
$6.59B
Enterprise Value$5.40B
Total Cash (Recent Filing)N/A
Total Debt (Recent Filing)N/A
Price to Earnings (P/E)12.3
Beta1.72
Next Earnings
Jan 28, 2025EPS Estimate
0.58Next Dividend Ex-DateN/A
Dividend YieldN/A
Share Statistics
EPS (TTM)3.67
Shares Outstanding143,639,650
10 Day Avg. Volume2,714,985
30 Day Avg. Volume2,264,162
Standard Deviation0.14
R-Squared0.25
Alpha-0.02
Financial Highlights & Ratios
PEG RatioN/A
Price to Book (P/B)N/A
Price to Sales (P/S)2.22
Price to Cash Flow (P/CF)10.10
P/FCF Ratio11.00
Enterprise Value/Market Cap0.82
Enterprise Value/Revenue1.93
Enterprise Value/Gross Profit6.64
Enterprise Value/Ebitda7.44
Forecast
1Y Price Target
$52.15Price Target Upside22.05% Upside
Rating ConsensusStrong Buy
Number of Analyst Covering14
NEXTracker, Inc. Class A News
Bulls Say, Bears Say
Bulls Say
Backlog And Revenue GrowthManagement expects revenues to grow driven by the strong >$4.5b backlog exiting this quarter.
Market Position And ExecutionNextracker is seen as the best in class for this sector and believed to have the ability to maneuver potential headwinds.
Technology And InnovationNextracker's technology, including its NX Horizon tracker and TrueCapture software, enhances energy production by up to 6% while reducing operational complexity.
Bears Say
Financial PerformanceBears will likely point to Q4-weighted year and lower EBITDA margins in 2H.
Growth OutlookRevenue growth is forecasted to decelerate in FY 2026 due to elongating backlog conversion and contracting book to bill ratio.
Regulatory ChallengesUncertainties that are weighing on the investment outlook revolve around the IRA, module tariffs and permitting/interconnection delays.
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Risk Analysis
Main Risk Category
Finance & CorporateFinancial and accounting risks. Risks related to the execution of corporate activity and strategy
NXT FAQ
What was NEXTracker, Inc. Class A’s price range in the past 12 months?
NEXTracker, Inc. Class A lowest stock price was $30.93 and its highest was $62.31 in the past 12 months.
What is NEXTracker, Inc. Class A’s market cap?
NEXTracker, Inc. Class A’s market cap is $6.59B.
When is NEXTracker, Inc. Class A’s upcoming earnings report date?
NEXTracker, Inc. Class A’s upcoming earnings report date is Jan 28, 2025 which is in 10 days.
How were NEXTracker, Inc. Class A’s earnings last quarter?
NEXTracker, Inc. Class A released its earnings results on Oct 30, 2024. The company reported $0.97 earnings per share for the quarter, beating the consensus estimate of $0.604 by $0.366.
Is NEXTracker, Inc. Class A overvalued?
According to Wall Street analysts NEXTracker, Inc. Class A’s price is currently Undervalued.
Does NEXTracker, Inc. Class A pay dividends?
NEXTracker, Inc. Class A does not currently pay dividends.
What is NEXTracker, Inc. Class A’s EPS estimate?
NEXTracker, Inc. Class A’s EPS estimate is 0.58.
How many shares outstanding does NEXTracker, Inc. Class A have?
NEXTracker, Inc. Class A has 143,639,650 shares outstanding.
What happened to NEXTracker, Inc. Class A’s price movement after its last earnings report?
NEXTracker, Inc. Class A reported an EPS of $0.97 in its last earnings report, beating expectations of $0.604. Following the earnings report the stock price went up 24.554%.
Which hedge fund is a major shareholder of NEXTracker, Inc. Class A?
Among the largest hedge funds holding NEXTracker, Inc. Class A’s share is PRIMECAP Management Co. It holds NEXTracker, Inc. Class A’s shares valued at 294M.
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NEXTracker, Inc. Class A Stock Smart Score
Unlock Smart Score
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Analyst Consensus
Strong Buy
Average Price Target:
$52.15 (22.05% Upside)
$52.15 (22.05% Upside)
Blogger Sentiment
Bullish
NXT Sentiment 70%
Sector Average 68%
Sector Average 68%
Hedge Fund Trend
Decreased
By 1.0M Shares
Last Quarter.
Last Quarter.
Crowd Wisdom
Very Negative
Last 7 Days ▼ 1.5%
Last 30 Days ▼ 4.3%
Last 30 Days ▼ 4.3%
News Sentiment
Neutral
Bullish news 50%
Bearish news 50%
Bearish news 50%
Technicals
SMA
Negative
20 days / 200 days
Momentum
9.90%
12-Months-Change
Fundamentals
Return on Equity
38.20%
Trailing 12-Months
Asset Growth
36.15%
Trailing 12-Months
Company Description
NEXTracker, Inc. Class A
NEXTracker Inc provides integrated solar tracker and software solutions used in utility-scale and ground-mounted distributed solar generation projects worldwide. Nextracker's products enable solar panels in utility-scale power plants to follow the sun's movement across the sky and optimize plant performance. It generates revenue from selling solar trackers, such as NX Horizon and NX Gemini, and from licensing TrueCapture software products.
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NXT Company Deck
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NXT Earnings Call
Q2 2024
0:00 / 0:00
Earnings Call Sentiment|Positive
The earnings call conveyed a strong positive sentiment, highlighting substantial revenue growth, an increased backlog, and successful product launches. Despite facing competitive pressures in international markets, the company raised its profit target and showcased confidence in its new technologies and capabilities, particularly in the U.S. market.Read More>---
NXT Stock 12 Month Forecast
Average Price Target
$52.15
▲(22.05% Upside)
Technical Analysis
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Best Analysts Covering NXT
1 Year
1 Year Success Rate
7/11 ratings generated profit
1 Year Average Return
+10.32%
reiterated a buy rating 2 months ago
Copying Christian Schwab's trades and holding each position for 1 Year would result in 63.64% of your transactions generating a profit, with an average return of +10.32% per trade.
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