Nextracker Inc (NASDAQ: NXT) kicked off on Friday, down -3.13% from the previous trading day, before settling in for the closing price of $47.61. Over the past 52 weeks, NXT has traded in a range of $30.93-$62.31.
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A company in the Technology sector has jumped its sales by 32.64% annually for the last half of the decade. While this was happening, its average annual earnings per share was recorded 23.26%. With a float of $139.13 million, this company’s outstanding shares have now reached $143.69 million.
In an organization with 1050 employees, it is important to assess its efficiency. In terms of profitability, gross margin is 37.66%, operating margin of 25.78%, and the pretax margin is 26.43%.
Nextracker Inc (NXT) Insider and Institutional Ownership
Our next focus will be how large-scale investors are participating in this stock of the Solar Industry. The insider ownership of Nextracker Inc is 3.05%, while institutional ownership is 103.18%. The most recent insider transaction that took place on Feb 04 ’25, was worth 92,768,992. Before that another transaction happened on Feb 04 ’25, when Company’s Stockholder proposed sale 249,182 for $48.60, making the entire transaction worth $12,110,245.
Nextracker Inc (NXT) Latest Financial update
Wall Street market experts anticipate that the next fiscal year will bring earnings of 0.93 per share during the current fiscal year.
According to the Wall Street analysts, stocks earnings will be around 23.26% per share during the next fiscal year.
Nextracker Inc (NASDAQ: NXT) Trading Performance Indicators
Take a look at Nextracker Inc’s (NXT) current performance indicators. Last quarter, stock had a quick ratio of 1.89. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 2.42. Likewise, its price to free cash flow for the trailing twelve months is 13.49.
For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is 3.80, a number that is poised to hit 0.92 in the next quarter and is forecasted to reach 3.70 in one year’s time.
Technical Analysis of Nextracker Inc (NXT)
Let’s dig in a bit further. During the last 5-days, its volume was 3.5 million. That was better than the volume of 3.43 million it reported in year-ago period. As of the previous 9 days, the stock’s Stochastic %D was 59.73%. Additionally, its Average True Range was 2.60.
During the past 100 days, Nextracker Inc’s (NXT) raw stochastic average was set at 71.18%, which indicates a significant increase from 54.10% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 102.99% in the past 14 days, which was higher than the 69.55% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $40.47, while its 200-day Moving Average is $42.34. However, in the short run, Nextracker Inc’s stock first resistance to watch stands at $47.50. Second resistance stands at $48.89. The third major resistance level sits at $49.75. If the price goes on to break the first support level at $45.25, it is likely to go to the next support level at $44.39. The third support level lies at $43.00 if the price breaches the second support level.
Nextracker Inc (NASDAQ: NXT) Key Stats
The company with the Market Capitalisation of 6.72 billion has total of 145,619K Shares Outstanding. Its annual sales at the moment are 2,500 M in contrast with the sum of 306,240 K annual income. Company’s last quarter sales were recorded 679,360 K and last quarter income was 115,280 K.
