Nextracker Inc (NASDAQ: NXT) kicked off on Tuesday, up 0.02% from the previous trading day, before settling in for the closing price of $45.20. Over the past 52 weeks, NXT has traded in a range of $30.93-$62.31.
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Annual sales at Technology sector company grew by 32.64% over the past five years. While this was happening, its average annual earnings per share was recorded 24.88%. With a float of $139.26 million, this company’s outstanding shares have now reached $143.69 million.
Let’s look at the performance matrix of the company that is accounted for 1050 employees. 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 3.10%, while institutional ownership is 104.97%. The most recent insider transaction that took place on Feb 18 ’25, was worth 548,807. Before that another transaction happened on Feb 10 ’25, when Company’s Chief Legal & Compliance Ofc sold 9,891 for $46.05, making the entire transaction worth $455,475. This insider now owns 132,374 shares in total.
Nextracker Inc (NXT) Latest Financial update
Wall Street market experts anticipate that the next fiscal year will bring earnings of 0.94 per share during the current fiscal year.
According to the Wall Street analysts, stocks earnings will be around 24.88% 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 2.38. Likewise, its price to free cash flow for the trailing twelve months is 13.23.
For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is 3.80, a number that is poised to hit 0.94 in the next quarter and is forecasted to reach 3.79 in one year’s time.
Technical Analysis of Nextracker Inc (NXT)
Nextracker Inc (NASDAQ: NXT) saw its 5-day average volume 1.83 million, a negative change from its year-to-date volume of 2.71 million. As of the previous 9 days, the stock’s Stochastic %D was 52.91%. Additionally, its Average True Range was 2.09.
During the past 100 days, Nextracker Inc’s (NXT) raw stochastic average was set at 66.52%, which indicates a significant decrease from 74.74% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 42.09% in the past 14 days, which was lower than the 69.74% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $44.98, while its 200-day Moving Average is $41.94. Nevertheless, the first resistance level for the watch stands at $46.42 in the near term. At $47.62, the stock is likely to face the second major resistance level. The third major resistance level sits at $48.35. If the price goes on to break the first support level at $44.49, it is likely to go to the next support level at $43.76. The third support level lies at $42.56 if the price breaches the second support level.
Nextracker Inc (NASDAQ: NXT) Key Stats
The company with the Market Capitalisation of 6.58 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.
