Nextracker (US:NXT) ZACKS·2025-02-20 15:05Core Insights - Nextracker (NXT) has seen a significant increase in stock performance, returning +18% over the past month, outperforming the S&P 500's +2.6% and the Zacks Solar industry’s -5.2% [1] Earnings Estimates - Nextracker is expected to report earnings of $0.97 per share for the current quarter, reflecting a year-over-year increase of +1% and a 30-day change in the Zacks Consensus Estimate of +19.3% [4] - The consensus earnings estimate for the current fiscal year is $3.89, indicating a year-over-year change of +27.1%, with a 30-day change of +20.4% [4] - For the next fiscal year, the consensus estimate is $3.91, showing a +0.6% change from the previous year, with a recent change of +13.2% [5] Revenue Growth - The consensus sales estimate for Nextracker is $820.49 million for the current quarter, indicating a year-over-year change of +11.4% [8] - The sales estimates for the current and next fiscal years are $2.86 billion and $3.19 billion, reflecting changes of +14.2% and +11.8%, respectively [8] Recent Performance - In the last reported quarter, Nextracker generated revenues of $679.36 million, a year-over-year decrease of -4.4%, while EPS was $1.03 compared to $0.96 a year ago [9] - The company exceeded the Zacks Consensus Estimate for revenues by +4.61% and had an EPS surprise of +74.58%, beating consensus EPS estimates for the last four quarters [10] Valuation - Nextracker is rated B on the Zacks Value Style Score, indicating it is trading at a discount compared to its peers [14] - Valuation multiples such as price-to-earnings (P/E), price-to-sales (P/S), and price-to-cash flow (P/CF) are essential for assessing whether the stock is fairly valued [12][13] Overall Outlook - The Zacks Rank 2 (Buy) suggests that Nextracker may outperform the broader market in the near term, supported by strong earnings estimate revisions and revenue growth potential [6][15]