stoxline Quote Chart Rank Option Currency Glossary
  
Nextracker Inc. (NXT)
58.02  1.35 (2.38%)    03-27 16:00
Open: 57.32
High: 58.48
Volume: 2,868,306
  
Pre. Close: 56.67
Low: 56.545
Market Cap: 8,394(M)
Technical analysis
2024-03-27 4:54:48 PM
Short term     
Mid term     
Targets 6-month :  69.61 1-year :  72.57
Resists First :  59.6 Second :  62.13
Pivot price 58.86
Supports First :  55.5 Second :  46.17
MAs MA(5) :  58.08 MA(20) :  58.44
MA(100) :  48.41 MA(250) :  42.19
MACD MACD :  0.5 Signal :  1
%K %D K(14,3) :  29.3 D(3) :  35.1
RSI RSI(14): 51.5
52-week High :  62.13 Low :  29.28
Price, MAs and Bollinger Bands

Price has closed below its short-term moving average. Short-term moving average is currently above mid-term; and above long-term moving average. From the relationship between price and moving averages: This stock is NEUTRAL in short-term; and BULLISH in mid-long term.
[ NXT ] has closed above bottom band by 30.1%. Bollinger Bands are 54.9% narrower than normal. The narrow width of the bands suggests low volatility as compared to its normal range. The bands have been in this narrow range for 14 bars. This is a sign that the market may be about to initiate a new trend.

Stock Price Prediction
If tomorrow: Open lower Open higher
High: 58.55 - 58.78 58.78 - 58.98
Low: 55.91 - 56.19 56.19 - 56.44
Close: 57.53 - 57.99 57.99 - 58.4
Company Description

Nextracker Inc., an energy solutions company, provides solar tracker solutions for PV projects. The company offers solar trackers, such as Bifacial PV modules for large-scale solar; NX Horizon for solar power plants; NX Gemini two-in-portrait solar tracker that optimizes lifetime value and performance of power plants for project developers and asset owners; and NX Horizon — XTR, an all-terrain solar tracker. It also provides TrueCapture, an intelligent and self-adjusting tracker control system for PV power plants; and NX Navigator, an operational control and risk mitigation software. The company was incorporated in 2013 and is based in Fremont, California. Nextracker Inc. operates as a subsidiary of Flex Ltd.

Headline News

Tue, 26 Mar 2024
Legato Capital Management LLC Has $427000 Stock Holdings in Nextracker Inc. (NASDAQ:NXT) - Defense World

Mon, 25 Mar 2024
Zacks Investment Ideas feature highlights: Textron, Lockheed Martin, AppLovin, Nvidia's and Nextracker - Yahoo Finance

Sat, 23 Mar 2024
Nextracker (NASDAQ:NXT) Earns Market Perform Rating from Analysts at BMO Capital Markets - Defense World

Fri, 22 Mar 2024
Nextracker's Solar Ascendancy: Analyst Forecasts Doubling of Addressable Market Despite Valuation Hurdles - TradingView

Fri, 22 Mar 2024
With 60% institutional ownership, Nextracker Inc. (NASDAQ:NXT) is a favorite amongst the big guns - Simply Wall St

Sat, 16 Mar 2024
Brokerages Set Nextracker Inc. (NASDAQ:NXT) Price Target at $55.60 - MarketBeat

Financial Analysis
Price to Book Value:
P/BV, a ratio used to compare book value to its current market price, to gauge whether a stock is valued properly.
Underperform
Price to Earnings:
PE, the ratio for valuing a company that measures its current share price relative to its earnings per share (EPS).
Outperform
Discounted cash flow:
DCF, a valuation method used to estimate the value of an investment based on its expected future cash flows.
Underperform
Return on Assets:
ROA, indicates how profitable a company is in relation to its total assets, how efficiently uses assets to generate a profit.
Outperform
Return on Equity:
ROE, a measure of financial performance calculated by dividing net income by equity. a gauge of profitability and efficiency.
Underperform
Debt to Equity:
evaluate financial leverage, reflects the ability of equity to cover outstanding debts in the event of a business downturn.
Underperform
Stock Basics & Statistics
Exchange:
NASDAQ
Sector:
Technology
Industry:
Solar
Shares Out 137 (M)
Shares Float 136 (M)
Held by Insiders 0.2 (%)
Held by Institutions 56.3 (%)
Shares Short 5,020 (K)
Shares Short P.Month 5,830 (K)
Stock Financials
EPS 2.02
EPS Est Next Qtrly 0
EPS Est This Year 0
EPS Est Next Year 0
Book Value (p.s.) -50.19
Profit Margin 5.5 %
Operating Margin 20.8 %
Return on Assets (ttm) 13.3 %
Return on Equity (ttm) 43.8 %
Qtrly Rev. Growth 38.4 %
Gross Profit (p.s.) 0
Sales Per Share 16.69
EBITDA (p.s.) 2.65
Qtrly Earnings Growth -28.3 %
Operating Cash Flow 353 (M)
Levered Free Cash Flow 249 (M)
Stock Valuations
PE Ratio 28.58
PEG Ratio 0.5
Price to Book value -1.16
Price to Sales 3.47
Price to Cash Flow 22.45
Stock Dividends
Dividend 0
Forward Dividend 0
Dividend Yield 0%
Dividend Pay Date Invalid DateTime.
Ex-Dividend Date Invalid DateTime.

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