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Nextracker Inc. (NXT)

(Delayed Data from NSDQ)

$47.14 USD

47.14
2,194,745

-0.28 (-0.59%)

Updated Jul 23, 2024 04:00 PM ET

After-Market: $47.10 -0.04 (-0.08%) 7:14 PM ET

Zacks Rank:

This is our short term rating system that serves as a timeliness indicator for stocks over the next 1 to 3 months. How good is it? See rankings and related performance below.

Zacks Rank Definition Annualized Return
1Strong Buy24.15%
2Buy17.88%
3Hold9.47%
4Sell5.14%
5Strong Sell2.57%
S&P50011.11%

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3-Hold of 5     3    

Style Scores:

The Style Scores are a complementary set of indicators to use alongside the Zacks Rank. It allows the user to better focus on the stocks that are the best fit for his or her personal trading style.

The scores are based on the trading styles of Value, Growth, and Momentum. There's also a VGM Score ('V' for Value, 'G' for Growth and 'M' for Momentum), which combines the weighted average of the individual style scores into one score.

Value Score A
Growth Score A
Momentum Score A
VGM Score A

Within each Score, stocks are graded into five groups: A, B, C, D and F. As you might remember from your school days, an A, is better than a B; a B is better than a C; a C is better than a D; and a D is better than an F.

As an investor, you want to buy stocks with the highest probability of success. That means you want to buy stocks with a Zacks Rank #1 or #2, Strong Buy or Buy, which also has a Score of an A or a B in your personal trading style.

Zacks Style Scores Education - Learn more about the Zacks Style Scores

B Value B Growth C Momentum B VGM

Industry Rank:

The Zacks Industry Rank assigns a rating to each of the 265 X (Expanded) Industries based on their average Zacks Rank.

An industry with a larger percentage of Zacks Rank #1's and #2's will have a better average Zacks Rank than one with a larger percentage of Zacks Rank #4's and #5's.

The industry with the best average Zacks Rank would be considered the top industry (1 out of 265), which would place it in the top 1% of Zacks Ranked Industries. The industry with the worst average Zacks Rank (265 out of 265) would place in the bottom 1%.

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Zacks Industry Rank Education -- Learn more about the Zacks Industry Rank

Bottom 14% (216 out of 250)

Industry: Solar

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Better trading starts here.

Balance Sheet

Research for NXT

The Zacks Equity Research reports, or ZER for short, are our in-house, independently produced research reports.

The ever popular one-page Snapshot reports are generated for virtually every single Zacks Ranked stock. It's packed with all of the company's key stats and salient decision making information. Including the Zacks Rank, Zacks Industry Rank, Style Scores, the Price, Consensus & Surprise chart, graphical estimate analysis and how a stocks stacks up to its peers.

The detailed multi-page Analyst report does an even deeper dive on the company's vital statistics. In addition to all of the proprietary analysis in the Snapshot, the report also visually displays the four components of the Zacks Rank (Agreement, Magnitude, Upside and Surprise); provides a comprehensive overview of the company business drivers, complete with earnings and sales charts; a recap of their last earnings report; and a bulleted list of reasons to buy or sell the stock. It also includes an industry comparison table to see how your stock compares to its expanded industry, and the S&P 500.

Researching stocks has never been so easy or insightful as with the ZER Analyst and Snapshot reports.

Learn more about Zacks Equity Research reports

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Fiscal Year End for Nextracker Inc falls in the month of March.

All items in Millions except Per Share data.

3/31/2024 3/31/2023 3/31/2022 3/31/2021 3/31/2020
Assets          
Cash & Equivalents 474 130 29 191 0
Receivables 383 271 168 121 0
Notes Receivable 0 0 0 0 0
Inventories 202 138 172 84 0
Other Current Assets 710 333 344 187 0
Total Current Assets 1,768 872 714 583 0
Net Property & Equipment 9 7 7 5 0
Investments & Advances 0 0 0 0 0
Other Non-Current Assets 0 0 0 0 0
Deferred Charges 475 274 0 0 0
Intangibles 267 266 268 276 0
Deposits & Other Assets 0 0 28 17 0
Total Assets 2,519 1,420 1,017 881 0
Liabilities & Shareholders Equity 3/31/2024 3/31/2023 3/31/2022 3/31/2021 3/31/2020
Notes Payable 0 0 0 0 0
Accounts Payable 457 211 267 231 0
Current Portion Long-Term Debt 0 0 0 0 0
Current Portion Capital Leases 0 0 0 0 0
Accrued Expenses 82 60 26 36 0
Income Taxes Payable 0 0 0 0 0
Other Current Liabilities 352 236 181 124 0
Total Current Liabilities 891 507 473 391 0
Mortgages 0 0 0 0 0
Deferred Taxes/Income 0 0 0 0 0
Convertible Debt 0 0 0 0 0
Long-Term Debt 144 147 0 0 0
Non-Current Capital Leases 0 0 0 0 0
Other Non-Current Liabilities 491 3,841 547 34 0
Minority Interest (Liabilities) 0 0 0 0 0
Total Liabilities 1,527 4,495 516 425 0
Shareholders Equity 3/31/2024 3/31/2023 3/31/2022 3/31/2021 3/31/2020
Preferred Stock 0 0 504 0 0
Common Stock (Par) 0 0 0 0 0
Capital Surplus 4,028 0 0 0 0
Retained Earnings -3,067 -3,076 -3 456 0
Other Equity 31 0 0 0 0
Treasury Stock 0 0 0 0 0
Total Shareholder's Equity 992 -3,076 501 456 0
Total Liabilities & Shareholder's Equity 2,519 1,420 1,017 881 0
Total Common Equity 992 -3,076 -3 456 0
Shares Outstanding 144.60 144.00 NA NA NA
Book Value Per Share 6.86 -21.36 0.00 0.00 0.00

Fiscal Year End for Nextracker Inc falls in the month of March.

All items in Millions except Per Share data.

6/30/2024 3/31/2024 12/31/2023 9/30/2023 6/30/2023
Assets          
Cash & Equivalents -99,999 474 368 373 355
Receivables NA 383 365 347 223
Notes Receivable NA 0 0 0 0
Inventories NA 202 203 196 137
Other Current Assets NA 710 483 423 402
Total Current Assets NA 1,768 1,419 1,339 1,117
Net Property & Equipment NA 9 8 7 7
Investments & Advances NA 0 0 0 0
Other Non-Current Assets NA 0 0 0 0
Deferred Charges NA 475 401 421 267
Intangibles NA 267 267 266 266
Deposits & Other Assets NA 0 0 0 0
Total Assets NA 2,519 2,095 2,034 1,657
Liabilities & Shareholders Equity 6/30/2024 3/31/2024 12/31/2023 9/30/2023 6/30/2023
Notes Payable NA 0 0 0 0
Accounts Payable NA 457 375 403 293
Current Portion Long-Term Debt NA 0 0 0 0
Current Portion Capital Leases NA 0 0 0 0
Accrued Expenses NA 82 70 67 57
Income Taxes Payable NA 0 0 0 0
Other Current Liabilities NA 352 314 301 325
Total Current Liabilities NA 891 759 772 676
Mortgages NA 0 0 0 0
Deferred Taxes/Income NA 0 0 0 0
Convertible Debt NA 0 0 0 0
Long-Term Debt NA 144 145 146 147
Non-Current Capital Leases NA 0 0 0 0
Other Non-Current Liabilities NA 4,308 3,757 4,186
Minority Interest (Liabilities) NA 0 0 0 0
Total Liabilities NA 1,527 5,212 4,675 5,009
Shareholders Equity 6/30/2024 3/31/2024 12/31/2023 9/30/2023 6/30/2023
Preferred Stock NA 0 0 0 0
Common Stock (Par) NA 0 0 0 0
Capital Surplus NA 4,028 155 672 0
Retained Earnings NA -3,067 -3,272 -3,313 -3,352
Other Equity NA 31 0 0 0
Treasury Stock NA 0 0 0 0
Total Shareholder's Equity NA 992 -3,117 -2,641 -3,352
Total Liabilities & Shareholder's Equity NA 2,519 2,095 2,034 1,657
Total Common Equity 0 992 -3,117 -2,641 -3,352
Shares Outstanding 145.10 144.60 144.60 160.30 144.60
Book Value Per Share 0.00 6.86 -21.56 -16.48 -23.18