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NEXTracker, Inc. Class A (NXT)
NASDAQ:NXT
RESEARCH TOOLSreports
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NXT Stock Chart & Stats
Day’s Range$0 - $0
52-Week Range$30.93 - $62.31
Previous Close$36.4
Volume1.74M
Average Volume (3M)3.03M
Market Cap
$5.30B
Enterprise Value$4.90B
Total Cash (Recent Filing)$561.88M
Total Debt (Recent Filing)$146.13M
Price to Earnings (P/E)9.9
Beta1.81
Next Earnings
Jan 29, 2025EPS Estimate
$0.6Next Dividend Ex-DateN/A
Dividend YieldN/A
Share Statistics
EPS (TTM)3.67
Shares Outstanding145,548,473
10 Day Avg. Volume3,282,525
30 Day Avg. Volume3,029,448
Standard Deviation0.15
R-Squared0.29
Alpha-0.02
Financial Highlights & Ratios
Price to Book (P/B)4.18
Price to Sales (P/S)1.91
Price to Cash Flow (P/CF)8.90
P/FCF Ratio9.60
Enterprise Value/Market CapN/A
Enterprise Value/Revenue1.75
Enterprise Value/Gross Profit6.02
Enterprise Value/Ebitda6.75
Forecast
1Y Price Target
$54.21Price Target Upside44.21% Upside
Rating ConsensusStrong Buy
Number of Analyst Covering15
NEXTracker, Inc. Class A News
Bulls Say, Bears Say
Bulls Say
Backlog And Revenue GrowthBacklog grew, with stronger conversion, now expected to be ~90% over the next eight quarters.
Earnings And GuidanceNXT beat FQ2 earnings and importantly reiterated FY25 guidance implying no impact to their shipment visibility from customer pushouts plaguing other Solar OEMs.
Market Leadership And InnovationNXT is the global leader in utility-scale solar tracker technology and now has over 650 patents for its technology, reiterating its commitment to investing in R&D to grow its lead.
Bears Say
Financial PerformanceLower EBITDA margins in the second half of the year raise concerns about profitability challenges.
Operational RisksSector headwinds, a recent change in CFO, and potential project delays suggest a balanced risk/reward situation.
Revenue GrowthRevenue growth is expected to slow down due to delays in converting backlog to revenue and a decreasing book-to-bill ratio.
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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?
Currently, no data Available
When is NEXTracker, Inc. Class A’s upcoming earnings report date?
NEXTracker, Inc. Class A’s upcoming earnings report date is Jan 29, 2025 which is in 69 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 $0.6.
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:
$54.21 (44.21% Upside)
$54.21 (44.21% Upside)
Blogger Sentiment
Bullish
NXT Sentiment 100%
Sector Average 67%
Sector Average 67%
Hedge Fund Trend
Decreased
By 5.7K Shares
Last Quarter.
Last Quarter.
Crowd Wisdom
Very Negative
Last 7 Days ▼ 1.0%
Last 30 Days ▼ 6.7%
Last 30 Days ▼ 6.7%
News Sentiment
Neutral
Bullish news 50%
Bearish news 50%
Bearish news 50%
Technicals
SMA
Negative
20 days / 200 days
Momentum
-5.96%
12-Months-Change
Fundamentals
Return on Equity
―
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
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NXT Stock 12 Month Forecast
Average Price Target
$54.21
▲(44.21% Upside)
Technical Analysis
Best Analysts Covering NXT
1 Year
1 Year Success Rate
5/10 ratings generated profit
1 Year Average Return
+8.00%
reiterated a buy rating 21 days ago
Copying Christian Schwab's trades and holding each position for 1 Year would result in 50.00% of your transactions generating a profit, with an average return of +8.00% per trade.
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