Is Nextracker Stock a Good Investment?
Nextracker Investment Advice | NXT |
- Examine Nextracker's financial health by looking at its balance sheet, income statement, and cash flow statement. Analyze key financial ratios, such as Price-to-Earnings (P/E), Price-to-Sales (P/S), and Price-to-Book (P/B), to determine whether the stock is fairly valued or over/undervalued.
- Research Nextracker's leadership team and their track record. Good management can help Nextracker navigate difficult times and make strategic decisions that benefit shareholders and increases its net worth.
- Consider the overall health of the Electrical Components & Equipment space and any emerging trends that could impact Nextracker's business and its evolving consumer preferences.
- Compare Nextracker's performance and market position to its competitors. Analyze how Nextracker is positioned in terms of product offerings, innovation, and market share.
- Check if Nextracker pays a dividend and its dividend yield and payout ratio.
- Review what financial analysts are saying about Nextracker's stock and their price targets. However, remember that analysts' opinions can vary, and their predictions may not always be accurate.
It's important to note that investing in Nextracker Class A stock, carries risks, and you should carefully consider your investment goals and risk tolerance before making any investment decisions. Also, remember that it's important for investors to have a long-term perspective and a well-diversified portfolio to manage the impact of stock market volatility on their investments. Below is a detailed guide on how to decide if Nextracker Class A is a good investment.
Sell | Buy |
Buy
Market Performance | OK | Details | |
Volatility | Not too volatile | Details | |
Hype Condition | Stale | Details | |
Current Valuation | Overvalued | Details | |
Odds Of Distress | Low | Details | |
Economic Sensitivity | Follows the market closely | Details | |
Investor Sentiment | Alarmed | Details | |
Analyst Consensus | Strong Buy | Details | |
Financial Leverage | Not Rated | Details | |
Reporting Quality (M-Score) | Unavailable | Details |
Examine Nextracker Stock
Researching Nextracker's stock involves analyzing various aspects of the company and its industry to make an informed investment decision. The key areas to focus on are fundamentals, business model and competitive advantage. It is also important to analyze trends in revenue, net income, and cash flow, as well as key financial ratios, such as price-to-earnings (P/E), price-to-sales (P/S), and debt-to-equity (D/E). About 99.0% of the company shares are owned by institutional investors. The book value of Nextracker was now reported as 9.79. The company had not issued any dividends in recent years.
To determine if Nextracker is a good investment, evaluating the company's potential for future growth is also very important. This may include expanding into new markets, launching new products or services, or improving operational efficiency. Companies with strong growth prospects can be more attractive investments. This aspect of the research should be conducted in the context of the overall market and industry in which the company operates and should include an analysis of growth potential, competitive landscape, and any regulatory or economic factors that could impact the business. Some of the essential points regarding Nextracker's research are outlined below:
| Nextracker Class A had very high historical volatility over the last 90 days | |
| Over 99.0% of the company shares are owned by institutional investors | |
| Latest headline from fool.com.au: Goldman Sachs says this ASX 200 stock can rise 20 |
Nextracker Quarterly Good Will |
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Nextracker uses earnings reports to provide investors with an update of all three financial statements, including the income statement, the balance sheet, and the cash flow statement. Therefore, it is also crucial when considering investing in Nextracker Class A. Every quarterly earnings report provides investors with an overview of sales, expenses, and net income for the most recent period. It also may provide a comparison to Nextracker's previous reporting period. The quarterly earnings reports are usually disseminated to the public via Form 10-Q, which is a legal document filed with the Securities and Exchange Commission every quarter.
| 31st of January 2024 Upcoming Quarterly Report | View | |
| 8th of May 2024 Next Financial Report | View | |
| 31st of December 2023 Next Fiscal Quarter End | View | |
| 8th of May 2024 Next Fiscal Year End | View | |
| 30th of September 2023 Last Quarter Report | View | |
| 31st of March 2023 Last Financial Announcement | View |
Earnings surprises can significantly impact Nextracker's stock price both in the short term and over time. Negative earnings surprises usually result in a price decline. However, it has been seen that positive earnings surprises lead to an immediate rise in a stock's price and a gradual increase over time. This is why we often hear news about some companies beating earning projections. Financial analysts spend a large amount of time predicting earnings per share (EPS) along with other important future indicators. Many analysts use forecasting models, management guidance, and additional fundamental information to derive an EPS estimate. Below are the table of largest EPS Surprises Nextracker's investors have experienced.
| Reported | Fiscal Date | Estimated EPS | Reported EPS | Surprise | |||
|---|---|---|---|---|---|---|---|
2023-05-10 | 2023-03-31 | 0.31 | 0.38 | 0.07 | 22 | ||
2024-05-14 | 2024-03-31 | 0.78 | 0.96 | 0.18 | 23 | ||
2023-07-26 | 2023-06-30 | 0.29 | 0.48 | 0.19 | 65 | ||
2024-08-01 | 2024-06-30 | 0.65 | 0.93 | 0.28 | 43 | ||
2023-10-25 | 2023-09-30 | 0.36 | 0.65 | 0.29 | 80 | ||
2024-10-30 | 2024-09-30 | 0.61 | 0.97 | 0.36 | 59 | ||
2025-02-01 | 2024-12-31 | 0.63 | 1.03 | 0.4 | 63 | ||
2024-01-31 | 2023-12-31 | 0.48 | 0.96 | 0.48 | 100 |
Nextracker's market capitalization trends
The company currently falls under 'Mid-Cap' category with a total capitalization of 6.87 B.Market Cap |
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Nextracker's profitablity analysis
| Last Reported | Projected for Next Year | ||
| Return On Tangible Assets | 0.16 | 0.14 | |
| Return On Capital Employed | 0.32 | 0.21 | |
| Return On Assets | 0.14 | 0.09 | |
| Return On Equity | 0.37 | 0.38 |
Determining Nextracker's profitability involves analyzing its financial statements and using various financial metrics to determine if Nextracker is a good buy. For example, gross profit margin measures Nextracker's profitability after accounting for the cost of goods sold, while net profit margin measures profitability after accounting for all expenses. Other important metrics include return on assets, return on equity, and free cash flow. By reviewing multiple sources and metrics, you can gain a complete picture of Nextracker's profitability and make more informed investment decisions.
Nextracker's Earnings Breakdown by Geography
Please note, the imprecision that can be found in Nextracker's accounting process means that the reasonable investor should take a skeptical approach toward the financial statement analysis of Nextracker Class A. Check Nextracker's Beneish M Score to see the likelihood of Nextracker's management manipulating its earnings.
Evaluate Nextracker's management efficiency
Nextracker Class A has Return on Asset of 0.177 % which means that on every $100 spent on assets, it made $0.177 of profit. This is way below average. In the same way, it shows a return on shareholders' equity (ROE) of 0.5354 %, implying that it generated $0.5354 on every 100 dollars invested. Nextracker's management efficiency ratios could be used to measure how well Nextracker manages its routine affairs as well as how well it operates its assets and liabilities. Return On Equity is likely to gain to 0.38 in 2025, whereas Return On Tangible Assets are likely to drop 0.14 in 2025. At this time, Nextracker's Liabilities And Stockholders Equity is comparatively stable compared to the past year. Non Current Liabilities Total is likely to gain to about 767.1 M in 2025, whereas Total Current Liabilities is likely to drop slightly above 514.4 M in 2025.| Last Reported | Projected for Next Year | ||
| Book Value Per Share | 11.58 | 6.74 | |
| Tangible Book Value Per Share | 8.47 | 8.89 | |
| Enterprise Value Over EBITDA | 7.78 | 7.39 | |
| Price Book Value Ratio | 5.18 | 5.44 | |
| Enterprise Value Multiple | 7.78 | 7.39 | |
| Price Fair Value | 5.18 | 5.44 | |
| Enterprise Value | 3.6 B | 3.8 B |
The management strategies employed by Nextracker's are designed to enhance shareholder value and ensure long-term growth. We assess the effectiveness of these strategies in our stock analysis.
Beta 2.141 |
Basic technical analysis of Nextracker Stock
As of the 26th of February, Nextracker secures the Mean Deviation of 2.58, downside deviation of 2.56, and Risk Adjusted Performance of 0.094. In connection with fundamental indicators, the technical analysis model lets you check existing technical drivers of Nextracker Class A, as well as the relationship between them.Nextracker's insider trading activities
Some recent studies suggest that insider trading raises the cost of capital for securities issuers and decreases overall economic growth. Trading by specific Nextracker insiders, such as employees or executives, is commonly permitted as long as it does not rely on Nextracker's material information that is not in the public domain. Local jurisdictions usually require such trading to be reported in order to monitor insider transactions. In many U.S. states, trading conducted by corporate officers, key employees, directors, or significant shareholders must be reported to the regulator or publicly disclosed, usually within a few business days of the trade. In these cases Nextracker insiders are required to file a Form 4 with the U.S. Securities and Exchange Commission (SEC) when buying or selling shares of their own companies.
Nextracker's Outstanding Corporate Bonds
Nextracker issues bonds to finance its operations. Corporate bonds make up one of the largest components of the U.S. bond market, which is considered the world's largest securities market. Nextracker Class A uses the proceeds from bond sales for a wide variety of purposes, including financing ongoing mergers and acquisitions, buying new equipment, investing in research and development, buying back their own stock, paying dividends to shareholders, and even refinancing existing debt. Most Nextracker bonds can be classified according to their maturity, which is the date when Nextracker Class A has to pay back the principal to investors. Maturities can be short-term, medium-term, or long-term (more than ten years). Longer-term bonds usually offer higher interest rates but may entail additional risks.
| MPLX LP 4125 Corp BondUS55336VAK61 | View | |
| MPLX LP 52 Corp BondUS55336VAL45 | View | |
| MGM Resorts International Corp BondUS552953CD18 | View |
Understand Nextracker's technical and predictive indicators
Using predictive indicators to make investment decisions involves analyzing Nextracker's various financial and market-based factors to help forecast future trends and identify investment opportunities. Select the indicators that are most relevant to your investment strategy. Each indicator has its own strengths and weaknesses, so it's essential to combine multiple indicators to get a more comprehensive view of the market and reduce the risk of making poor decisions based on limited data.
| Risk Adjusted Performance | 0.094 | |||
| Market Risk Adjusted Performance | 0.6958 | |||
| Mean Deviation | 2.58 | |||
| Semi Deviation | 2.3 | |||
| Downside Deviation | 2.56 | |||
| Coefficient Of Variation | 852.89 | |||
| Standard Deviation | 3.34 | |||
| Variance | 11.15 | |||
| Information Ratio | 0.1128 | |||
| Jensen Alpha | 0.3788 | |||
| Total Risk Alpha | 0.359 | |||
| Sortino Ratio | 0.1471 | |||
| Treynor Ratio | 0.6858 | |||
| Maximum Drawdown | 17.41 | |||
| Value At Risk | (4.36) | |||
| Potential Upside | 7.11 | |||
| Downside Variance | 6.56 | |||
| Semi Variance | 5.29 | |||
| Expected Short fall | (3.11) | |||
| Skewness | 0.8939 | |||
| Kurtosis | 1.31 |
| Risk Adjusted Performance | 0.094 | |||
| Market Risk Adjusted Performance | 0.6958 | |||
| Mean Deviation | 2.58 | |||
| Semi Deviation | 2.3 | |||
| Downside Deviation | 2.56 | |||
| Coefficient Of Variation | 852.89 | |||
| Standard Deviation | 3.34 | |||
| Variance | 11.15 | |||
| Information Ratio | 0.1128 | |||
| Jensen Alpha | 0.3788 | |||
| Total Risk Alpha | 0.359 | |||
| Sortino Ratio | 0.1471 | |||
| Treynor Ratio | 0.6858 | |||
| Maximum Drawdown | 17.41 | |||
| Value At Risk | (4.36) | |||
| Potential Upside | 7.11 | |||
| Downside Variance | 6.56 | |||
| Semi Variance | 5.29 | |||
| Expected Short fall | (3.11) | |||
| Skewness | 0.8939 | |||
| Kurtosis | 1.31 |
Consider Nextracker's intraday indicators
Nextracker intraday indicators are useful technical analysis tools used by many experienced traders. Just like the conventional technical analysis, daily indicators help intraday investors to analyze the price movement with the timing of Nextracker stock daily movement. By combining multiple daily indicators into a single trading strategy, you can limit your risk while still earning strong returns on your managed positions.
Nextracker Corporate Filings
8K | 19th of February 2025 Report filed with the SEC to announce major events that shareholders should know about | ViewVerify |
| 12th of February 2025 Other Reports | ViewVerify | |
F4 | 11th of February 2025 The report filed by a party regarding the acquisition or disposition of a company's common stock, as well as derivative securities such as options, warrants, and convertible securities | ViewVerify |
10Q | 31st of January 2025 Quarterly performance report mandated by Securities and Exchange Commission (SEC), to be filed by publicly traded corporations | ViewVerify |
Nextracker Stock media impact
Far too much social signal, news, headlines, and media speculation about Nextracker that are available to investors today. That information is available publicly through Nextracker media outlets and privately through word of mouth or via Nextracker internal channels. However, regardless of the origin, that massive amount of Nextracker data is challenging to quantify into actionable patterns, especially for investors that are not very sophisticated with ever-evolving tools and techniques used in the investment management field.
A primary focus of Nextracker news analysis is to determine if its current price reflects all relevant headlines and social signals impacting the current market conditions. A news analyst typically looks at the history of Nextracker relative headlines and hype rather than examining external drivers such as technical or fundamental data. It is believed that price action tends to repeat itself due to investors' collective, patterned thinking related to Nextracker's headlines and news coverage data. This data is often completely overlooked or insufficiently analyzed for actionable insights to drive Nextracker alpha.
Nextracker Sentiment by Major News Outlets
Investor sentiment, mood or attitude towards Nextracker can have a significant impact on its stock price or the market as a whole. This sentiment can be positive or negative, and various factors, such as economic indicators, news events, or market trends, can influence it. When investor sentiment is positive, investors are more likely to buy stocks, increasing demand and increasing the stock price. Positive investor sentiment can be driven by good news about the company or the broader market, such as solid earnings reports or positive economic data.
Note that negative investor sentiment can cause investors to sell stocks, leading to a decrease in demand and a drop in the stock price. Negative sentiment can be driven by factors such as poor earnings reports, negative news about the company or industry, or broader economic concerns. It's important to note that investor sentiment is just one of many factors that can affect stock prices. Other factors, such as company performance, industry trends, and global economic conditions, can also play a significant role in determining the value of a stock.
Nextracker Class A Historical Investor Sentiment
Investor biases related to Nextracker's public news can be used to forecast risks associated with an investment in Nextracker. The trend in average sentiment can be used to explain how an investor holding Nextracker can time the market purely based on public headlines and social activities around Nextracker Class A. Please note that most equities that are difficult to arbitrage are affected by market sentiment the most.
Nextracker's market sentiment shows the aggregated news analyzed to detect positive and negative mentions from the text and comments. The data is normalized to provide daily scores for Nextracker and other traded tickers. The bigger the bubble, the more accurate the estimated score. Higher bars for a given day show more participation in the average Nextracker news discussions. The higher the estimate score, the more favorable the investor's outlook on Nextracker.
Nextracker Maximum Pain Price Across May 16th 2025 Option Contracts
Nextracker's options can also be used to analyze investors' bias and current market sentiment in the context of behavioral finance. For example, Max pain usually refers to a trading concept that asserts that market manipulation can cause the market price of Nextracker close to the expiration of its current option contract to expire worthlessly. According to most research, about 35% of options are not executed, with roughly 50% traded out before expiration. So, Max pain occurs when market makers reach a net favorable position across all options at a strike price where option holders stand to lose the most money. By contrast, option sellers may reap the most after selling more options than buying, causing them to expire worthlessly. Please continue to view the detailed analysis of Nextracker's options.
Nextracker Corporate Executives
Elected by the shareholders, the Nextracker's board of directors comprises two types of representatives: Nextracker inside directors who are chosen from within the company, and outside directors, selected externally and held independent of Nextracker. The board's role is to monitor Nextracker's management team and ensure that shareholders' interests are well served. Nextracker's inside directors are responsible for reviewing and approving budgets prepared by upper management to implement core corporate initiatives and projects. On the other hand, Nextracker's outside directors are responsible for providing unbiased perspectives on the board's policies.
| Marco Garcia | CoFounder Officer | Profile | |
| Mike Mehawich | CoFounder Officer | Profile | |
| Alex Au | CoFounder CTO | Profile | |
| Nicholas Miller | CoFounder COO | Profile |
Additional Tools for Nextracker Stock Analysis
When running Nextracker's price analysis, check to measure Nextracker's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Nextracker is operating at the current time. Most of Nextracker's value examination focuses on studying past and present price action to predict the probability of Nextracker's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Nextracker's price. Additionally, you may evaluate how the addition of Nextracker to your portfolios can decrease your overall portfolio volatility.