At the time of writing, Nextracker Inc [NXT] stock is trading at $44.31, down -1.88%. Until recently, the best way to gauge how the stock has performed was to look at its short-term value. The NXT shares have gain 6.62% over the last week, with a monthly amount drifted -2.21%, and not seem to be holding up well over a long-time horizon.
From an analyst’s perspective:
Nextracker Inc [NASDAQ: NXT] stock has seen the most recent analyst activity on January 29, 2025, when Jefferies upgraded its rating to a Buy but kept the price target unchanged to $56 for it. Previously, Barclays upgraded its rating to Overweight on January 29, 2025, and elevated its price target to $60. On December 19, 2024, TD Cowen initiated with a Hold rating and assigned a price target of $41 on the stock. Jefferies initiated its recommendation with a Hold and recommended $46 as its price target on September 04, 2024. Susquehanna started tracking with a Positive rating for this stock on June 28, 2024, and assigned it a price target of $59. In a note dated May 15, 2024, Fox Advisors upgraded an Overweight rating on this stock but restated the target price of $60.
For the past year, the stock price of Nextracker Inc fluctuated between $30.93 and $62.31. Currently, Wall Street analysts expect the stock to reach $55 within the next 12 months. Nextracker Inc [NASDAQ: NXT] shares were valued at $44.31 at the most recent close of the market. An investor can expect a potential return of 24.13% based on the average NXT price forecast.
Analyzing the NXT fundamentals
According to Nextracker Inc [NASDAQ:NXT], the company’s sales were 2.77B for trailing twelve months, which represents an -4.37% plunge. Gross Profit Margin for this corporation currently stands at 0.38% with Operating Profit Margin at 0.26%, Pretax Profit Margin comes in at 0.26%, and Net Profit Margin reading is 0.2%. To continue investigating profitability, this company’s Return on Assets is posted at 0.19, Equity is 0.47 and Total Capital is 0.34. An extended analysis of the company’s primary financial structure reveals a debt-to-equity ratio of0.0.
Before buying any particular stock, readers tend to pay close attention to the indicators that support and create resistance. The company’s stock is currently sitting at 43.39 points at the first support level, and at 42.46 for the second support level. However, for the 1st resistance point, the stock is sitting at 45.69, and for the 2nd resistance point, it is at 47.07.
Ratios To Look Out For
It is important to note that Nextracker Inc [NASDAQ:NXT] has a current ratio of 2.20. As well, the Quick Ratio is 1.89, while the Cash Ratio is 0.77. Considering the valuation of this stock, the price to sales ratio is 2.33, the price to book ratio is 4.53 and price to earnings (TTM) ratio is 11.67.
Transactions by insiders
Recent insider trading involved Leah Schlesinger, Former Officer, that happened on Feb 18 ’25 when 11434.0 shares were purchased. Chief Legal & Compliance Ofc, LEDESMA BRUCE completed a deal on Feb 10 ’25 to sell 9891.0 shares. Meanwhile, Officer BRUCE LEDESMA bought 9891.0 shares on Feb 10 ’25.
