Nextracker Inc.

Ticker

NXT

ISIN

-

Price

USD 45.91

Change Today

+2.23 / 5.105 %

Price 1 year ago

30.87 / 48.72 %

Market Capitalization

4,983,519,744.00

52 Week Low

30.05

52 Week High

60.89

200 Day Moving Average

44.81

50-day Moving Average

52.64


Price evolution

Yearly Returns


Peers


Peers

Company information

Summary

Nextracker Inc., an energy solutions company, provides solar tracker solutions for PV projects. The company offers solar trackers, such as Bifacial PV modules for large-scale solar; NX Horizon for solar power plants; NX Gemini two-in-portrait solar tracker that optimizes lifetime value and performance of power plants for project developers and asset owners; and NX Horizon — XTR, an all-terrain solar tracker. It also provides TrueCapture, an intelligent and self-adjusting tracker control system for PV power plants; and NX Navigator, an operational control and risk mitigation software. The company was incorporated in 2013 and is based in Fremont, California. Nextracker Inc. operates as a subsidiary of Flex Ltd.

Sector

Technology

Industry

Solar

Country

United States

Exchange

NGM

Earnings Per Share

2.2

P/E Ratio

15.722727

Debt/Equity Ratio

-

Beta

-

City

Fremont

Address

6200 Paseo Padre Parkway

Zip

94555

Ebitda

140,331,008.00

Ebitda Margins

0.08

Enterprise to Ebitda

14.32

Enterprise Value

2,009,452,288.00

Target Price

39.38

Estimated Price

-

Book Value

2.10

Expected Growth

-

Balance sheet

Income statement

Sustainability

Correlation

Company Name Correlation
RUN Sunrun Inc. -0.72
SPWR SunPower Corporation -0.72
NOVA Sunnova Energy International In -0.66
JKS JinkoSolar Holding Company Limi -0.54
1421.HK KINGBO STRIKE -0.51
0968.HK XINYI SOLAR -0.48
0757.HK SOLARGIGA -0.44
SHLS Shoals Technologies Group, Inc. -0.43
PEGY Pineapple Energy Inc. -0.42
0750.HK SFSY ENERGY -0.40
SUNW Sunworks, Inc. -0.39
ENPH Enphase Energy, Inc. -0.38
MAXN Maxeon Solar Technologies, Ltd. -0.24
1799.HK XINTE ENERGY -0.15
VDTK.L VERDITEK PLC -0.15
3800.HK GCL TECH -0.03
ARRY Array Technologies, Inc. -0.02
6443.TW TSEC CORPORATION 0.10
300393.SZ JOLYWOOD (SUZHOU) 0.28
688599.SS TRINA SOLAR CO LTD 0.30
300111.SZ ZHEJIANG SUNFLOWE 0.35
300125.SZ LINGDA GROUP CO LT 0.36
603628.SS CLENERGY TECHNOLOGY CO LTD 0.38
603366.SS SOLAREAST HOLDINGS CO LTD 0.38
600537.SS EGING PHOTOVOLTAIC TECHNOLOGY C 0.39
600732.SS SHANGHAI AIKO SOLAR ENERGY CO L 0.46
MBTN.SW MEYER BURGER N 0.59
SMRTG.IS SMART GUNES ENERJISI TEK. 0.72
FSLR First Solar, Inc. 0.80

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Indicators

Glossary
Momentum
A technical indicator that measures the rate of change in price movements over a specific period. It indicates the strength or weakness of a price trend.
Assessment: A positive momentum value generally indicates a good trend, while a negative value suggests a weak or downward trend.
Inertia
In trading, inertia refers to the tendency of prices to continue moving in their current direction. It suggests that an asset's price will likely maintain its current trend.
Assessment: A higher inertia value is generally considered good, as it indicates a strong and sustained price trend.
Relative Strength Index (RSI)
A momentum oscillator that measures the speed and change of price movements. It helps identify overbought or oversold conditions in an asset.
Assessment: An RSI value above 70 is typically considered overbought and may suggest a potential reversal or correction. Conversely, an RSI value below 30 is often considered oversold, indicating a possible upward price correction.
Fibonacci's Weighted Moving Average
A technical indicator that assigns different weights to recent data points, giving more significance to recent prices. It helps smooth out price fluctuations and identify trend reversals.
Assessment: The interpretation of the Fibonacci's Weighted Moving Average value depends on its comparison to other moving averages or trendlines. A value above 50 may indicate an uptrend, while a value below 50 may suggest a downtrend.
Williams %R
A momentum indicator that measures overbought or oversold conditions in an asset. It shows the relationship of the current closing price to the high-low range over a specified period.
Assessment: Williams %R values above -20 are typically considered overbought and may indicate a potential price reversal. Values below -80 are often viewed as oversold, suggesting a potential price bounce.
Relative Volatility Index (RVI)
A technical indicator that measures the volatility of a security by comparing the magnitude of recent price movements to the magnitude of average price changes. It helps identify periods of high or low volatility.
Assessment: A higher RVI value suggests higher volatility, which can provide trading opportunities but also carries increased risk.
Commodity Channel Index (CCI)
A versatile indicator that measures the current price level relative to an average price level over a given period. It helps identify overbought or oversold conditions and potential trend reversals.
Assessment: CCI values above 100 are often considered overbought, indicating a potential price correction or reversal. Values below -100 are typically viewed as oversold, suggesting a potential price rebound.