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NASDAQ: NXT
Nextracker Inc Stock

$51.76+0.54 (+1.05%)
Updated Jul 12, 2024
NXT Price
$51.76
Fair Value Price
$22.51
Market Cap
$7.51B
52 Week Low
$32.14
52 Week High
$62.31
P/E
13.04x
P/B
7.82x
P/S
1.74x
PEG
N/A
Dividend Yield
N/A
Revenue
$2.50B
Earnings
$496.22M
Gross Margin
32.5%
Operating Margin
24.87%
Profit Margin
19.8%
Debt to Equity
1.59
Operating Cash Flow
$429M
Beta
1.69
Next Earnings
N/A
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 (27)
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 ($51.76) is overvalued by 129.89% relative to our estimate of its Fair Value price of $22.51 based on Discounted Cash Flow (DCF) modelling
Below Fair Value Valuation
NXT ($51.76) is not significantly undervalued (129.89%) relative to our estimate of its Fair Value price of $22.51 based on Discounted Cash Flow (DCF) modelling, when including a healthy margin of safety
Significantly Below Fair Value Valuation
NXT is forecast by analysts... subscribe to Premium to read more.
Below Benjamin Graham Formula Value Valuation
There are 30 more NXT due diligence checks available for Premium users.

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NXT News

Valuation

NXT fair value

Fair Value of NXT stock based on Discounted Cash Flow (DCF)
Price
$51.76
Fair Value
$22.51
Overvalued by
129.89%
NXT ($51.76) is overvalued by... subscribe to Premium to read more.
Below Fair Value Valuation
NXT ($51.76) is not significantly... subscribe to Premium to read more.
Significantly Below Fair Value Valuation
NXT is forecast by analysts... subscribe to Premium to read more.
Below Benjamin Graham Formula Value Valuation

NXT price to earnings (PE)

For valuing profitable companies with steady earnings
Company
13.04x
Industry
28.07x
Market
32.2x
NXT is good value based... subscribe to Premium to read more.
P/E vs Industry Valuation
NXT is good value based... subscribe to Premium to read more.
P/E vs Market Valuation

NXT price to book (PB)

For valuing companies that are loss-making or have lots of physical asset
Company
7.82x
Industry
2.51x
NXT is poor value based... subscribe to Premium to read more.
P/B vs Industry Valuation

NXT's financial health

Profit margin

Revenue
$736.5M
Net Income
$223.2M
Profit Margin
30.3%
NXT's Earnings (EBIT) of $621.82M... 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
$2.5B
Liabilities
$1.5B
Debt to equity
1.59
NXT's short-term assets ($1.77B) exceed... subscribe to Premium to read more.
Short-term Liabilities Financials
NXT's short-term assets ($1.77B) exceed... subscribe to Premium to read more.
Long-term Liabilities Financials
NXT's debt to equity ratio... subscribe to Premium to read more.
Healthy Debt to Equity Financials

Cash flow

Operating
$111.5M
Investing
-$2.8M
Financing
-$2.4M
NXT's operating cash flow ($428.97M)... subscribe to Premium to read more.
Debt Coverage Financials

NXT vs Solar Stocks

TickerMarket Cap1d %P/EP/B
NXT$7.51B+1.05%13.04x7.82x
RUN$3.81B+7.03%-2.58x0.74x
SEDG$1.81B+5.82%-6.90x0.81x
ARRY$1.78B+8.69%28.68x7.72x
JKS$1.21B+1.35%2.53x0.43x

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 $62.31, and its 52-week low was $32.14. It is currently -16.93% from its 52-week high and 61.05% from its 52-week low.

How much is Nextracker stock worth today?

(NASDAQ: NXT) Nextracker currently has 145,147,427 outstanding shares. With Nextracker stock trading at $51.76 per share, the total value of Nextracker stock (market capitalization) is $7.51B.

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 69.93%, for an annualized return of 69.93% (not including any dividends or dividend reinvestments).

How much is Nextracker's stock price per share?

(NASDAQ: NXT) Nextracker stock price per share is $51.76 today (as of Jul 12, 2024).

What is Nextracker's Market Cap?

(NASDAQ: NXT) Nextracker's market cap is $7.51B, as of Jul 15, 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 $51.76 by NXT's total outstanding shares of 145,147,427.
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