Nextracker Inc (NASDAQ: NXT) has a price-to-earnings ratio that is above its average at 11.23x. The stock has a 36-month beta value of 1.98. Opinions on the stock are mixed, with 16 analysts rating it as a “buy,” 8 as “overweight,” 6 as “hold,” and 0 as “sell.”
The public float for NXT is 139.18M, and at present, short sellers hold a 6.73% of that float. On April 29, 2025, the average trading volume of NXT was 2.28M shares.
NXT) stock’s latest price update
Nextracker Inc (NASDAQ: NXT)’s stock price has dropped by -1.30 in relation to previous closing price of 43.20. Nevertheless, the company has seen a gain of 5.65% in its stock price over the last five trading days. accessnewswire.com reported 2025-04-29 that NEW YORK CITY, NY / ACCESS Newswire / April 29, 2025 / Bronstein, Gewirtz & Grossman, LLC is investigating potential claims on behalf of purchasers of Nextracker Inc. (“Nextracker” or “the Company”) (NASDAQ:NXT). Investors who purchased Nextracker securities prior to February 1, 2024, and continue to hold to the present, are encouraged to obtain additional information and assist the investigation by visiting the firm’s site: bgandg.com/NXT.
NXT’s Market Performance
Nextracker Inc (NXT) has seen a 5.65% rise in stock performance for the week, with a -1.18% decline in the past month and a 7.62% surge in the past quarter. The volatility ratio for the week is 5.01%, and the volatility levels for the past 30 days are at 5.85% for NXT. The simple moving average for the past 20 days is 5.28% for NXT’s stock, with a 5.17% simple moving average for the past 200 days.
Analysts’ Opinion of NXT
Many brokerage firms have already submitted their reports for NXT stocks, with RBC Capital Mkts repeating the rating for NXT by listing it as a “Outperform.” The predicted price for NXT in the upcoming period, according to RBC Capital Mkts is $55 based on the research report published on March 17, 2025 of the current year 2025.
Jefferies, on the other hand, stated in their research note that they expect to see NXT reach a price target of $56. The rating they have provided for NXT stocks is “Buy” according to the report published on January 29th, 2025.
Barclays gave a rating of “Overweight” to NXT, setting the target price at $60 in the report published on January 29th of the current year.
NXT Trading at -0.86% from the 50-Day Moving Average
After a stumble in the market that brought NXT to its low price for the period of the last 52 weeks, the company was unable to rebound, for now settling with -31.57% of loss for the given period.
Volatility was left at 5.85%, however, over the last 30 days, the volatility rate increased by 5.01%, as shares surge +1.73% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading -9.37% lower at present.
During the last 5 trading sessions, NXT rose by +6.22%, which changed the moving average for the period of 200-days by -16.30% in comparison to the 20-day moving average, which settled at $40.51. In addition, Nextracker Inc saw 16.73% in overturn over a single year, with a tendency to cut further gains.
Insider Trading
Reports are indicating that there were more than several insider trading activities at NXT starting from Bennett David P, who proposed sale 5,637 shares at the price of $43.08 back on Apr 02 ’25. After this action, Bennett David P now owns shares of Nextracker Inc, valued at $242,867 using the latest closing price.
Miller Nicholas Marco, the Officer of Nextracker Inc, proposed sale 6,479 shares at $43.08 during a trade that took place back on Apr 02 ’25, which means that Miller Nicholas Marco is holding shares at $279,144 based on the most recent closing price.
Stock Fundamentals for NXT
Current profitability levels for the company are sitting at:
- 0.26 for the present operating margin
- 0.38 for the gross margin
The net margin for Nextracker Inc stands at 0.2. The total capital return value is set at 0.34.
Based on Nextracker Inc (NXT), the company’s capital structure generated 0.0 points at debt to capital in total, while cash flow to debt ratio is standing at 80.18. The debt to equity ratio resting at 0.0. The interest coverage ratio of the stock is 66.51.
Currently, EBITDA for the company is 591.48 million with net debt to EBITDA at -0.92. When we switch over and look at the enterprise to sales, we see a ratio of 1.97. The receivables turnover for the company is 3.76for trailing twelve months and the total asset turnover is 0.93. The liquidity ratio also appears to be rather interesting for investors as it stands at 2.20.
Conclusion
To sum up, Nextracker Inc (NXT) has seen a mixed performance recently. Analysts have differing views on the stock, with some seeing it as a “buy” and others as a “hold”. It’s important to note that the stock is currently trading at a significant distance from its 50-day moving average and its 52-week high.
