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Nextracker (NXT) Stock Falls Amid Market Uptick: What Investors Need to Know
Nextracker Nextracker (US:NXT) ZACKSยท2025-09-09 22:46

Company Performance - Nextracker (NXT) closed at $64.33, reflecting a -7.78% change from the previous day, underperforming the S&P 500's gain of 0.27% [1] - Over the last month, Nextracker's shares increased by 29.67%, significantly outperforming the Oils-Energy sector's gain of 0.87% and the S&P 500's gain of 1.85% [1] Upcoming Earnings - Analysts expect Nextracker to report earnings of $0.98 per share, indicating a year-over-year growth of 1.03% [2] - The consensus estimate projects revenue of $832.73 million, reflecting a 31.02% increase from the same quarter last year [2] Full Year Projections - For the full year, earnings are projected at $4.07 per share, showing a decrease of -3.55% from the previous year, while revenue is expected to reach $3.33 billion, marking a 12.56% increase [3] Analyst Estimates - Recent modifications to analyst estimates for Nextracker indicate short-term business trends, with positive revisions suggesting an optimistic outlook [4] Zacks Rank and Performance - The Zacks Rank system, which ranges from 1 (Strong Buy) to 5 (Strong Sell), currently ranks Nextracker at 3 (Hold), with a recent consensus EPS projection moving 0.55% lower [6] - Stocks rated 1 in the Zacks Rank have historically delivered an average annual return of +25% since 1988 [6] Valuation Metrics - Nextracker has a Forward P/E ratio of 17.16, which is lower than the industry average of 18.01 [7] - The company has a PEG ratio of 1.37, compared to the Solar industry's average PEG ratio of 0.7 [7] Industry Context - The Solar industry, part of the Oils-Energy sector, holds a Zacks Industry Rank of 38, placing it in the top 16% 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]