Nextracker (NXT)

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Nextracker (NXT) Sees a More Significant Dip Than Broader Market: Some Facts to Know
ZACKS· 2024-06-06 22:46
Shares of the solar energy equipment supplier have appreciated by 28.79% over the course of the past month, outperforming the Oils-Energy sector's loss of 2.35% and the S&P 500's gain of 4.59%. Market participants will be closely following the financial results of Nextracker in its upcoming release. The company's earnings per share (EPS) are projected to be $0.61, reflecting a 27.08% increase from the same quarter last year. Our most recent consensus estimate is calling for quarterly revenue of $618.56 mill ...
Nextracker Inc. (NXT) is Attracting Investor Attention: Here is What You Should Know
ZACKS· 2024-06-03 14:06
Nextracker (NXT) has been one of the most searched-for stocks on Zacks.com lately. So, you might want to look at some of the facts that could shape the stock's performance in the near term. Over the past month, shares of this solar energy equipment supplier have returned +19.7%, compared to the Zacks S&P 500 composite's +5.1% change. During this period, the Zacks Solar industry, which Nextracker falls in, has gained 30.1%. The key question now is: What could be the stock's future direction? Although media r ...
Why the Market Dipped But Nextracker (NXT) Gained Today
ZACKS· 2024-05-30 22:51
In the latest market close, Nextracker (NXT) reached $56.65, with a +0.6% movement compared to the previous day. The stock's change was more than the S&P 500's daily loss of 0.6%. Elsewhere, the Dow saw a downswing of 0.86%, while the tech-heavy Nasdaq depreciated by 1.08%. Prior to today's trading, shares of the solar energy equipment supplier had gained 31.35% over the past month. This has outpaced the Oils-Energy sector's loss of 3.84% and the S&P 500's gain of 3.15% in that time. Analysts and investors ...
Nextracker (NXT) - 2024 Q4 - Annual Report
2024-05-28 21:19
UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 Form 10-K (Mark One) ☒ ANNUAL REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the fiscal year ended March 31, 2024 Or ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from to Commission file number: 001-41617 Nextracker Inc. (Exact name of registrant as specified in its charter) | Delaware | | --- | (State or other jurisdiction of (I.R. ...
Nextracker Inc. (NXT) Is a Trending Stock: Facts to Know Before Betting on It
zacks.com· 2024-05-22 14:05
Nextracker (NXT) has recently been on Zacks.com's list of the most searched stocks. Therefore, you might want to consider some of the key factors that could influence the stock's performance in the near future. Over the past month, shares of this solar energy equipment supplier have returned +5.9%, compared to the Zacks S&P 500 composite's +7.3% change. During this period, the Zacks Solar industry, which Nextracker falls in, has gained 10.9%. The key question now is: What could be the stock's future directi ...
Wall Street Analysts See Nextracker (NXT) as a Buy: Should You Invest?
zacks.com· 2024-05-16 14:30
The recommendations of Wall Street analysts are often relied on by investors when deciding whether to buy, sell, or hold a stock. Media reports about these brokerage-firm-employed (or sell-side) analysts changing their ratings often affect a stock's price. Do they really matter, though? Before we discuss the reliability of brokerage recommendations and how to use them to your advantage, let's see what these Wall Street heavyweights think about Nextracker (NXT) . Nextracker currently has an average brokerage ...
Nextracker: Solar Stock Rising With New Highs in Sight
marketbeat.com· 2024-05-16 11:20
Key Points Nextracker stock surges on solid results, indicating rising demand and another year of outperformance. Analysts are adjusting their price targets and see this stock rising at least 17% and possibly setting a new high. Surging profits and a rapidly improving balance sheet will drive value for shareholders. 5 stocks we like better than Nextracker Nextracker NASDAQ: NXT shares surged more than 10%, giving signs of bottoming and reversal that could return the market to its all-time highs. The surge i ...
Nextracker (NXT) - 2024 Q4 - Earnings Call Transcript
2024-05-15 02:33
Nextracker Inc. (NASDAQ:NXT) Q4 2024 Earnings Conference Call May 14, 2024 5:00 PM ET Company Participants Mary Lai - Vice President, Investor Relations Daniel Shugar - Founder & Chief Executive Officer Howard Wenger - President David Bennett - Chief Financial Officer Conference Call Participants Praneeth Satish - Wells Fargo Philip Shen - ROTH MTM Brian Lee - Goldman Sachs Mark Strouse - JPMorgan Vikram Bagri - Citi Christine Cho - Barclays Dylan Nassano - Wolfe Research Maheep Mandloi - Mizuho Operator Go ...
Nextracker Stock Jumps as Demand for Solar Tracking Solutions Drives Earnings Beat
Investopedia· 2024-05-15 01:55
Key Takeaways Nextracker (NXT) shares jumped nearly 13% in extended trading Tuesday after the maker of intelligent solar tracker solutions topped Wall Street's quarterly estimates amid growing demand in U.S. and global markets. For the fiscal fourth quarter ending March 31, the Fremont, California-based company, which spun off from diversified manufacturer Flex (FLEX) in January, reported adjusted earnings of 96 cents per share, powering past the 78-cents-a-share forecast expected by analysts. Revenue in th ...
Nextracker (NXT) Tops Q4 Earnings and Revenue Estimates
Zacks Investment Research· 2024-05-14 22:46
Nextracker (NXT) came out with quarterly earnings of $0.96 per share, beating the Zacks Consensus Estimate of $0.59 per share. This compares to earnings of $0.21 per share a year ago. These figures are adjusted for non- recurring items. There are no easy answers to this key question, but one reliable measure that can help investors address this is the company's earnings outlook. Not only does this include current consensus earnings expectations for the coming quarter(s), but also how these expectations have ...