In the past week, NXT stock has gone up by 6.52%, with a monthly gain of 20.54% and a quarterly plunge of -6.32%. The volatility ratio for the week is 3.46%, and the volatility levels for the last 30 days are 5.15% for Nextracker Inc. The simple moving average for the past 20 days is 7.81% for NXT’s stock, with a 10.55% simple moving average for the past 200 days.
Is It Worth Investing in Nextracker Inc (NASDAQ: NXT) Right Now?
Nextracker Inc (NASDAQ: NXT) has a price-to-earnings ratio of 11.75x that is above its average ratio. Additionally, the 36-month beta value for NXT is 2.03. There are mixed opinions on the stock, with 16 analysts rating it as a “buy,” 8 rating it as “overweight,” 6 rating it as “hold,” and 0 rating it as “sell.”
The public float for NXT is 139.07M and currently, short sellers hold a 6.73% ratio of that float. The average trading volume of NXT on May 09, 2025 was 1.95M shares.
NXT) stock’s latest price update
Nextracker Inc (NASDAQ: NXT) has experienced a rise in its stock price by 1.90 compared to its previous closing price of 43.77. However, the company has seen a gain of 6.52% in its stock price over the last five trading days. accessnewswire.com reported 2025-05-08 that CALGARY, AB / ACCESS Newswire / May 8, 2025 / NXT Energy Solutions Inc. (“NXT” or the “Company”) (TSX:SFD)(OTCQB:NSFDF) today announced the Company’s financial and operating results for the quarter ended March 31, 2025. All dollar amounts herein are in Canadian Dollars, unless otherwise identified.
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 5.39% 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 -28.42% of loss for the given period.
Volatility was left at 5.15%, however, over the last 30 days, the volatility rate increased by 3.46%, as shares surge +13.69% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading -5.95% lower at present.
During the last 5 trading sessions, NXT rose by +6.52%, which changed the moving average for the period of 200-days by -5.95% in comparison to the 20-day moving average, which settled at $41.37. In addition, Nextracker Inc saw 22.09% 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 0.09 points at debt to capital in total, while cash flow to debt ratio is standing at 3.62. The debt to equity ratio resting at 0.1. The interest coverage ratio of the stock is 66.51.
Currently, EBITDA for the company is 626.18 million with net debt to EBITDA at -0.74. When we switch over and look at the enterprise to sales, we see a ratio of 2.11. 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
In conclusion, Nextracker Inc (NXT) has seen mixed performance in recent times. Analysts have a mixed opinion on the stock, with some rating it as a “buy” and others rating it 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.
