Nextracker (US:NXT) ZACKS·2025-06-20 22:46Company Performance - Nextracker (NXT) closed at $57.62, reflecting a -2.17% change from the previous day, underperforming the S&P 500's 0.22% loss [1] - Over the past month, Nextracker's shares have increased by 5.08%, while the Oils-Energy sector gained 5.72% and the S&P 500 rose by 0.45% [1] Upcoming Earnings - Nextracker is expected to report an EPS of $1.03, representing a 10.75% increase from the same quarter last year [2] - The consensus estimate for revenue is $867.15 million, which is a 20.45% increase compared to the prior-year quarter [2] Annual Forecast - For the entire year, the Zacks Consensus Estimates predict earnings of $3.87 per share and revenue of $3.33 billion, indicating changes of -8.29% and +12.56% respectively from the previous year [3] Analyst Estimates - Recent changes to analyst estimates for Nextracker reflect short-term business trends, with positive revisions indicating a favorable outlook on business health and profitability [4] Zacks Rank System - The Zacks Rank system, which ranges from 1 (Strong Buy) to 5 (Strong Sell), has shown a strong track record, with 1 stocks delivering an average annual return of +25% since 1988 [6] - Nextracker currently holds a Zacks Rank of 3 (Hold), with a 0.31% rise in the Zacks Consensus EPS estimate over the past month [6] Valuation Metrics - Nextracker is trading with a Forward P/E ratio of 15.24, which is higher than the industry average of 14.93 [7] - The company has a PEG ratio of 1.28, compared to the average PEG ratio of 0.59 for the Solar industry [7] Industry Context - The Solar industry, part of the Oils-Energy sector, has a Zacks Industry Rank of 181, placing it in the bottom 27% of over 250 industries [8] - Research indicates that the top 50% rated industries outperform the bottom half by a factor of 2 to 1 [8]