Nextracker (US:NXT) ZACKSยท2025-03-28 22:50Company 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]