WallStreetZenWallStreetZen

NASDAQ: NXT
Nextracker Inc Stock

$58.02+1.35 (+2.38%)
Updated Mar 27, 2024
NXT Price
$58.02
Fair Value Price
$58.00
Market Cap
$7.92B
52 Week Low
$29.28
52 Week High
$62.14
P/E
N/A
P/B
-2.54x
P/S
1.28x
PEG
N/A
Dividend Yield
N/A
Revenue
$2.28B
Earnings
$300.55M
Gross Margin
24.7%
Operating Margin
16.45%
Profit Margin
13.2%
Debt to Equity
-0.43
Operating Cash Flow
$353M
Beta
1.62
Next Earnings
May 9, 2024
Ex-Dividend
N/A
Next Dividend
N/A

NXT Overview

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.

Zen Score

Industry Average (31)
You've viewed Zen Score for 10/10 free stocks. Upgrade to Premium to see how NXT scored across 33 valuation, financial, forecast, performance, and dividend due diligence checks.

Due Diligence Checks

NXT ($58.02) is overvalued by 0.03% relative to our estimate of its Fair Value price of $58.00 based on Discounted Cash Flow (DCF) modelling
Below Fair Value Valuation
NXT ($58.02) is not significantly undervalued (0.03%) relative to our estimate of its Fair Value price of $58.00 based on Discounted Cash Flow (DCF) modelling, when including a healthy margin of safety
Significantly Below Fair Value Valuation
NXT's Earnings (EBIT) of $375.33M... subscribe to Premium to read more.
Interest Coverage Financials
There are 30 more NXT due diligence checks available for Premium users.

Be the first to know about important NXT news, forecast changes, insider trades & much more!

NXT News

Valuation

NXT fair value

Fair Value of NXT stock based on Discounted Cash Flow (DCF)
Price
$58.02
Fair Value
$58.00
Overvalued by
0.03%
NXT ($58.02) is overvalued by... subscribe to Premium to read more.
Below Fair Value Valuation
NXT ($58.02) is not significantly... subscribe to Premium to read more.
Significantly Below Fair Value Valuation

NXT price to earnings (PE)

For valuing profitable companies with steady earnings
Company
0x
Industry
27.79x
Market
44.45x

NXT price to book (PB)

For valuing companies that are loss-making or have lots of physical asset
Company
-2.54x
Industry
2.71x

NXT's financial health

Profit margin

Revenue
$710.4M
Net Income
$128.0M
Profit Margin
18%
NXT's Earnings (EBIT) of $375.33M... subscribe to Premium to read more.
Interest Coverage Financials
NXT's profit margin has increased... subscribe to Premium to read more.
Profit Margin Growth Financials

Assets to liabilities

Assets
$2.1B
Liabilities
$1.3B
Debt to equity
-0.43
NXT's short-term assets ($1.42B) exceed... subscribe to Premium to read more.
Short-term Liabilities Financials
NXT's short-term assets ($1.42B) exceed... subscribe to Premium to read more.
Long-term Liabilities Financials
NXT's debt relative to shareholder... subscribe to Premium to read more.
Shrinking Debt Financials
NXT's debt to equity ratio... subscribe to Premium to read more.
Healthy Debt to Equity Financials

Cash flow

Operating
$64.8M
Investing
-$2.4M
Financing
-$67.5M
NXT's operating cash flow ($352.77M)... subscribe to Premium to read more.
Debt Coverage Financials

NXT vs Solar Stocks

TickerMarket Cap1d %P/EP/B
NXT$7.92B+2.38%N/A-2.54x
SEDG$3.98B+9.87%114.25x1.65x
RUN$2.88B+16.13%-1.77x0.55x
ARRY$2.28B+6.94%26.49x8.81x
SHLS$2.00B+5.57%49.00x3.68x

Nextracker Stock FAQ

What is Nextracker's quote symbol?

(NASDAQ: NXT) Nextracker trades on the NASDAQ under the ticker symbol NXT. Nextracker stock quotes can also be displayed as NASDAQ: NXT.

If you're new to stock investing, here's how to buy Nextracker stock.

What is the 52 week high and low for Nextracker (NASDAQ: NXT)?

(NASDAQ: NXT) Nextracker's 52-week high was $62.14, and its 52-week low was $29.28. It is currently -6.63% from its 52-week high and 98.16% from its 52-week low.

How much is Nextracker stock worth today?

(NASDAQ: NXT) Nextracker currently has 136,542,423 outstanding shares. With Nextracker stock trading at $58.02 per share, the total value of Nextracker stock (market capitalization) is $7.92B.

Nextracker stock was originally listed at a price of $30.46 in Feb 9, 2023. If you had invested in Nextracker stock at $30.46, your return over the last 1 years would have been 90.48%, for an annualized return of 90.48% (not including any dividends or dividend reinvestments).

How much is Nextracker's stock price per share?

(NASDAQ: NXT) Nextracker stock price per share is $58.02 today (as of Mar 27, 2024).

What is Nextracker's Market Cap?

(NASDAQ: NXT) Nextracker's market cap is $7.92B, as of Mar 28, 2024.

Market cap (market capitalization) is the total market value of a publicly traded company's outstanding shares.

Nextracker's market cap is calculated by multiplying NXT's current stock price of $58.02 by NXT's total outstanding shares of 136,542,423.
WallStreetZen does not provide financial advice and does not issue recommendations or offers to buy stock or sell any security.

Information is provided 'as-is' and solely for informational purposes and is not advice. WallStreetZen does not bear any responsibility for any losses or damage that may occur as a result of reliance on this data.