The Oils-Energy group has plenty of great stocks, but investors should always be looking for companies that are outperforming their peers. Has Nextracker (NXT) been one of those stocks this year? By taking a look at the stock's year-to-date performance in comparison to its Oils-Energy peers, we might be able to answer that question.Nextracker is one of 247 companies in the Oils-Energy group. The Oils-Energy group currently sits at #11 within the Zacks Sector Rank. The Zacks Sector Rank considers 16 differen ...

Company Performance - Nextracker (NXT) closed at $43.15, with a +0.94% movement compared to the previous day, outperforming the S&P 500's daily loss of 1.97% [1] - Over the past month, Nextracker's shares have decreased by 5.04%, while the Oils-Energy sector gained 3.54% and the S&P 500 lost 2.79% [1] Financial Forecast - Nextracker is expected to report an EPS of $0.97, reflecting a 1.04% growth year-over-year, with a revenue forecast of $820.49 million, indicating an 11.4% increase compared to the same quarter last year [2] - For the entire fiscal year, earnings are projected at $3.89 per share and revenue at $2.86 billion, representing increases of +27.12% and +14.22% respectively from the previous year [3] Analyst Estimates - Recent changes to analyst estimates for Nextracker are important as they reflect the evolving business trends, with positive revisions indicating analysts' confidence in the company's performance [4] - The Zacks Rank system, which incorporates estimate changes, currently ranks Nextracker as 1 (Strong Buy), suggesting strong potential for share price momentum [5][6] Industry Context - The Solar industry, part of the Oils-Energy sector, holds a Zacks Industry Rank of 79, placing it in the top 32% of over 250 industries [7] - Research indicates that industries in the top 50% rated by Zacks outperform those in the bottom half by a factor of 2 to 1 [7]

Nextracker Inc. (NXT) , with its rising earnings estimates, robust ROE, better debt management, and strong liquidity, offers a great investment opportunity in the Zacks Solar industry.Let us focus on the reasons that make this Zacks Rank #1 (Strong Buy) stock a solid investment pick at the moment.NXT’s Growth Projections & Surprise History The Zacks Consensus Estimate for NXT’s fiscal 2025 and 2026 earnings per share (EPS) has increased 19.7% and 15.7%, respectively, over the past 60 days.The Zacks Consensu ...

Nextracker (NASDAQ: NXT ) has become a leader in the developing field of utility-scale solar trackers. NXT is positioned to capture market opportunities with the ongoing global energy transition and rising power demand. In the medium term, expect increased volatility Seeking Alpha's Disclosure: Past performance is no guarantee of future results. No recommendation or advice is being given as to whether any investment is suitable for a particular investor. Any views or opinions expressed above may not reflect ...

At this point, there's little question that Nextracker (NASDAQ: NXT ) is an excellent business. The manufacturer of solar trackers is coming up on a decade of being the market share leader, despite being in business for only 12 years. Rivals are falling behind — orI've been contributing to Seeking Alpha and other investment websites since 2011, with a general (though far from rigid) focus on value over growth. I got my Series 7 and 63 back in 1999, and watched the dot-com bubble peak and then burst in real ...

Faruqi & Faruqi, LLP Securities Litigation Partner James (Josh) Wilson Encourages Investors Who Suffered Losses Exceeding $75,000 In Nextracker To Contact Him Directly To Discuss Their OptionsIf you suffered losses exceeding $75,000 in Nextracker between February 1, 2024 and August 1, 2024 and would like to discuss your legal rights, call Faruqi & Faruqi partner Josh Wilson directly at 877-247-4292 or 212-983-9330 (Ext. 1310).[You may also click here for additional information]NEW YORK, Feb. 27, 2025 /PRNew ...

Group 1 - Nextracker Inc. (NXT) has reached a significant support level and is considered a good investment pick from a technical perspective due to a "golden cross" formation [1] - The golden cross occurs when a stock's 50-day simple moving average breaks above its 200-day moving average, indicating a potential bullish breakout [1][2] - Over the past four weeks, NXT's stock has gained 17.8%, and it currently holds a 2 (Buy) rating on the Zacks Rank, suggesting further breakout potential [3] Group 2 - The positive earnings outlook for NXT strengthens the bullish case, with no earnings estimates decreasing in the past two months and eight revisions higher [3] - The Zacks Consensus Estimate for NXT has also increased, indicating a favorable trend in earnings expectations [3][4] - Given the positive technical indicators and earnings estimate movements, NXT may present additional gains for investors in the near future [4]

RADNOR, Pa., Feb. 24, 2025 /PRNewswire/ -- The law firm of Kessler Topaz Meltzer & Check, LLP (www.ktmc.com) informs investors that a securities class action lawsuit has been filed against Nextracker Inc. ("Nextracker") (NASDAQ: NXT) on behalf of those who purchased or otherwise acquired Nextracker common stock between February 1, 2024, and August 1, 2024, inclusive (the "Class Period"). The lead plaintiff deadline is February 25, 2025.CONTACT KESSLER TOPAZ MELTZER & CHECK, LLP:If you suffered Nextracker lo ...

NEW YORK, Feb. 24, 2025 /PRNewswire/ -- The Gross Law Firm issues the following notice to shareholders of Nextracker Inc. (NASDAQ: NXT).Shareholders who purchased shares of NXT during the class period listed are encouraged to contact the firm regarding possible lead plaintiff appointment. Appointment as lead plaintiff is not required to partake in any recovery.CONTACT US HERE:https://securitiesclasslaw.com/securities/nextracker-inc-loss-submission-form/?id=131188&from=4CLASS PERIOD: February 1, 2024 to Augu ...

NEW YORK, Feb. 22, 2025 /PRNewswire/ --Why: Rosen Law Firm, a global investor rights law firm, reminds purchasers of common stock of Nextracker Inc. (NASDAQ: NXT) between February 1, 2024 and August 1, 2024, both dates inclusive (the "Class Period"), of the important February 25, 2025 lead plaintiff deadline.So what: If you purchased Nextracker common stock during the Class Period you may be entitled to compensation without payment of any out of pocket fees or costs through a contingency fee arrangement.Wha ...