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NEXTracker, Inc. Class A (NXT)
NASDAQ:NXT
RESEARCH TOOLSreports
NEXTracker, Inc. Class A (NXT) Stock Price & Analysis
232 Followers
NXT Stock Chart & Stats
Day’s Range$0 - $0
52-Week Range$29.28 - $62.14
Previous Close$56.27
Volume3.36M
Average Volume (3M)4.48M
Market Cap
$8.14B
Enterprise Value$11.79B
Total Cash (Recent Filing)$367.82M
Total Debt (Recent Filing)$144.76M
Price to Earnings (P/E)33.6
Beta2.02
Next Earnings
May 08, 2024EPS Estimate
$0.71Next Dividend Ex-DateN/A
Dividend YieldN/A
Share Statistics
EPS (TTM)1.67
Shares Outstanding136,542,423
10 Day Avg. Volume3,565,079
30 Day Avg. Volume4,483,907
Standard Deviation0.13
R-Squared0.34
Alpha0.02
Financial Highlights & Ratios
Price to Book (P/B)-2.27
Price to Sales (P/S)4.04
Price to Cash Flow (P/CF)29.60
P/FCF Ratio29.60
Enterprise Value/Market CapN/A
Enterprise Value/Revenue6.68
Enterprise Value/Gross Profit41.07
Enterprise Value/Ebitda73.59
Forecast
1Y Price Target
$63.32Price Target Upside12.53% Upside
Rating ConsensusStrong Buy
Number of Analyst Covering20
NEXTracker, Inc. Class A News
PremiumCompany Announcements
NEXTracker Welcomes New CFO Chuck Boynton in Strategic Reshuffle
Ownership Overview
4.71% Insiders
17.21% Mutual Funds
38.08% Other Institutional Investors
40.00% Public Companies and Individual Investors
Risk Analysis
Main Risk Category
Finance & CorporateFinancial and accounting risks. Risks related to the execution of corporate activity and strategy
Website Traffic
Sorry, No Data AvailableThere is no website visitor data available for this stock.
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NXT FAQ
What was NEXTracker, Inc. Class A’s price range in the past 12 months?
NEXTracker, Inc. Class A lowest stock price was $29.28 and its highest was $62.14 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 May 08, 2024 which is in 7 days.
How were NEXTracker, Inc. Class A’s earnings last quarter?
NEXTracker, Inc. Class A released its earnings results on Jan 31, 2024. The company reported $0.96 earnings per share for the quarter, beating the consensus estimate of $0.493 by $0.467.
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 $0.71.
How many shares outstanding does NEXTracker, Inc. Class A have?
NEXTracker, Inc. Class A has 136,542,420 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 $0.96 in its last earnings report, beating expectations of $0.493. Following the earnings report the stock price went up 24.807%.
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 47M.
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NEXTracker, Inc. Class A Stock Smart Score
Outperform
1
2
3
4
5
6
7
8
9
10
Analyst Consensus
Strong Buy
Average Price Target:
$63.32 (12.53% Upside)
$63.32 (12.53% Upside)
Blogger Sentiment
Bullish
NXT Sentiment 100%
Sector Average 70%
Sector Average 70%
Hedge Fund Trend
Increased
By 400.1K Shares
Last Quarter.
Last Quarter.
Insider Transactions
Sold Shares
Worth $622.6M over
the Last 3 Months
the Last 3 Months
Crowd Wisdom
Very Positive
Last 7 Days ▲ 1.1%
Last 30 Days ▲ 18.9%
Last 30 Days ▲ 18.9%
News Sentiment
Neutral
Bullish news 50%
Bearish news 50%
Bearish news 50%
Technicals
SMA
Positive
20 days / 200 days
Momentum
73.03%
12-Months-Change
Fundamentals
Return on Equity
―
Trailing 12-Months
Asset Growth
66.32%
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 Earnings Call
Q3 2024
0:00 / 0:00
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NXT Stock 12 Months Forecast
Average Price Target
$63.32
▲(12.53% Upside)
Technical Analysis
Best Analysts Covering NXT
1 Year
1 Year Success Rate
6/7 ratings generated profit
1 Year Average Return
+41.90%
reiterated a buy rating 3 months ago
Copying Jordan Levy's trades and holding each position for 1 Year would result in 85.71% of your transactions generating a profit, with an average return of +41.90% per trade.
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