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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%) 7:22 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%.

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

Bottom 14% (216 out of 250)

Industry: Solar

Better trading starts here.

Zacks News

SolarEdge Technologies (SEDG) Reports Q1 Loss, Tops Revenue Estimates

SolarEdge (SEDG) delivered earnings and revenue surprises of -20.25% and 4.92%, respectively, for the quarter ended March 2024. Do the numbers hold clues to what lies ahead for the stock?

Should Constellation (CEG) Be in Your Portfolio Before Q1 Earnings?

Constellation Energy's (CEG) first-quarter earnings are likely to have gained from strong demand from its C&I customers.

Nextracker (NXT) Stock Declines While Market Improves: Some Information for Investors

Nextracker (NXT) reachead $46.02 at the closing of the latest trading day, reflecting a -1.86% change compared to its last close.

Nextracker (NXT) Earnings Expected to Grow: What to Know Ahead of Next Week's Release

Nextracker (NXT) possesses the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.

SolarEdge (SEDG) to Report Q1 Earnings: What's in the Cards?

SolarEdge's (SEDG) Q1 results are likely to be negatively impacted by slow market demand and higher restructuring expenses.

Canadian Solar (CSIQ) to Report Q1 Earnings: What's in Store?

Canadian Solar's (CSIQ) Q1 results are likely to reflect the adverse impacts of declining module average selling price as well as higher research and development expenses.

Sunrun (RUN) to Report Q1 Earnings: What's in the Offing?

Sunrun's (RUN) Q1 results are likely to reflect the benefits of customer growth amid the impacts of interest expenses and lower solar installations.

Nextracker (NXT) Ascends While Market Falls: Some Facts to Note

In the closing of the recent trading day, Nextracker (NXT) stood at $42.87, denoting a +0.19% change from the preceding trading day.

Should You Invest in Nextracker (NXT) Based on Bullish Wall Street Views?

Based on the average brokerage recommendation (ABR), Nextracker (NXT) should be added to one's portfolio. Wall Street analysts' overly optimistic recommendations cast doubt on the effectiveness of this highly sought-after metric. So, is the stock worth buying?

How to Find Strong Oils and Energy Stocks Slated for Positive Earnings Surprises

Why investors should use the Zacks Earnings ESP tool to help find stocks that are poised to top quarterly earnings estimates.

What's in the Cards for First Solar (FSLR) in Q1 Earnings?

First Solar's (FSLR) Q1 results are likely to reflect the benefits of increased sales volume and average selling price per watt sold.

Zacks Industry Outlook Highlights Enphase Energy, Nextracker and Canadian Solar

Enphase Energy, Nextracker and Canadian Solar have been highlighted in this Industry Outlook article.

Aparajita Dutta headshot

3 Solar Stocks to Watch Amid Bleak Residential Installation View

Solid solar installations, along with the Inflation Reduction Act, should drive solar capacity growth in 2024, amid a weak outlook for residential installations. You may keep a watch on ENPH, NXT and CSIQ.

Nextracker (NXT) Stock Slides as Market Rises: Facts to Know Before You Trade

In the latest trading session, Nextracker (NXT) closed at $43.88, marking a -1.22% move from the previous day.

Enphase Energy (ENPH) Q1 Earnings Miss, Revenues Down Y/Y

Enphase Energy's (ENPH) first-quarter revenues and earnings lag estimates. However, adjusted operating expenses decline 16%.

JinkoSolar (JKS) to Report Q1 Earnings: What's in the Cards?

JinkoSolar's (JKS) Q1 results are likely to reflect solid module shipment benefits, amid the adverse impacts of the declining average selling price of modules.

Sanghamitra Saha headshot

Protect Our Earth With 5 ETF & Stock Investing Strategies (Revised)

Rising global warming and its adverse impact on Earth makes it important for investors to be socially responsive while creating their investment portfolio. While these stocks and ETFs should gain, rising natural disasters should also boost businesses of disaster recovery stocks.

Sanghamitra Saha headshot

Protect Our Earth With 5 ETF & Stock Investing Strategies

Rising global warming and its adverse impact on Earth makes it important for investors to be socially responsive while creating their investment portfolio. While these stocks and ETFs should gain, rising natural disasters should also boost businesses of disaster recovery stocks.

Nextracker (NXT) Declines More Than Market: Some Information for Investors

In the closing of the recent trading day, Nextracker (NXT) stood at $44.54, denoting a -0.49% change from the preceding trading day.

How to Boost Your Portfolio with Top Oils and Energy Stocks Set to Beat Earnings

Why investors should use the Zacks Earnings ESP tool to help find stocks that are poised to top quarterly earnings estimates.

Enphase Energy (ENPH) to Post Q1 Earnings: What's in Store?

Enphase Energy's (ENPH) first-quarter earnings are likely to have been adversely impacted by lower shipments from U.S. manufacturing facilities and a slower transition to NEM 3.0.

Nextracker (NXT) Gains But Lags Market: What You Should Know

Nextracker (NXT) concluded the recent trading session at $49.82, signifying a +0.4% move from its prior day's close.

Want Better Returns? Don?t Ignore These 2 Oils and Energy Stocks Set to Beat Earnings

Why investors should use the Zacks Earnings ESP tool to help find stocks that are poised to top quarterly earnings estimates.

Will Nextracker (NXT) Beat Estimates Again in Its Next Earnings Report?

Nextracker (NXT) has an impressive earnings surprise history and currently possesses the right combination of the two key ingredients for a likely beat in its next quarterly report.

Nextracker (NXT) Ascends While Market Falls: Some Facts to Note

Nextracker (NXT) closed at $50.99 in the latest trading session, marking a +1.88% move from the prior day.