Back to top
more

Nextracker Inc. (NXT)

(Delayed Data from NSDQ)

$42.21 USD

42.21
2,747,709

+0.10 (0.24%)

Updated Aug 26, 2024 04:00 PM ET

After-Market: $42.40 +0.19 (0.45%) 7:58 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 Buy23.68%
2Buy17.55%
3Hold9.21%
4Sell4.93%
5Strong Sell2.36%
S&P50010.96%

Zacks Rank Education - Learn about the Zacks Rank

Zacks Rank Home - Zacks Rank resources in one place

Zacks Premium - The only way to fully access the Zacks Rank

4-Sell of 5       4  

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 A Growth D Momentum A 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

Top 38% (96 out of 251)

Industry: Solar

Better trading starts here.

Zacks News

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.

Are Oils-Energy Stocks Lagging Marathon Petroleum (MPC) This Year?

Here is how Marathon Petroleum (MPC) and Nextracker (NXT) have performed compared to their sector so far this year.

Reasons to Add Nextracker (NXT) Stock to Your Portfolio Now

Nextracker (NXT) makes a strong case for investment in the Solar space with its rising backlog, improved liquidity and rising earnings estimates.

Abhinab Dasgupta headshot

Take the Zacks Approach to Beat the Market: NVIDIA, Dell, Modine in Focus

Last week, our time-tested methodologies served investors well in navigating the market. Check out some of our achievements from the past three months.

Zacks Investment Ideas feature highlights: Textron, Lockheed Martin, AppLovin, Nvidia's and Nextracker

Textron, Lockheed Martin, AppLovin, Nvidia's and Nextracker are part of the Zacks Investment Ideas

Benjamin Rains headshot

3 Top-Ranked, Market-Beating Stocks to Buy

Digging into 3 Zacks Rank #1 (Strong Buy) stocks--Textron (TXT), Nextracker (NXT), and AppLovin (APP)--that have blown away the market in 2024 that investors might want to buy for long-term upside.

Shaun Pruitt headshot

Time to Buy These Top-Rated Solar Industry Stocks for a Rebound

Naturally, a more stable inflationary environment is critical for solar industry stocks and many of these equities look poised for an extended rebound with potential rate cuts looming this year.

Occidental (OXY) Gains From Investments, Permian Basin Focus

Occidental's (OXY) strong presence in the Permian Basin and systematic investment to expand operations will provide support amid a competitive industry.

Are Oils-Energy Stocks Lagging Murphy USA (MUSA) This Year?

Here is how Murphy USA (MUSA) and Nextracker (NXT) have performed compared to their sector so far this year.

Devon (DVN) Gains From Multi-Basin Assets & Debt Management

Devon's (DVN) investments, debt management and strong production from multi-basin assets gels well for growth. Yet, competitive industry and volatile commodity price are headwinds.

Duolingo and Sea Limited have been highlighted as Zacks Bull and Bear of the Day

Duolingo and Sea Limited have been highlighted as Zacks Bull and Bear of the Day.

Nilanjan Banerjee headshot

Embrace Clean Energy, Focus on These 3 Shining Solar Stocks

Almost all the regions of the United States in 2024 will see increasing electricity generation from renewables. Maxeon Solar (MAXN), Nextracker (NXT) and First Solar (FSLR) are thus well poised to gain.

Is Murphy USA (MUSA) Stock Outpacing Its Oils-Energy Peers This Year?

Here is how Murphy USA (MUSA) and Nextracker (NXT) have performed compared to their sector so far this year.

Abhinab Dasgupta headshot

Take the Zacks Approach to Beat the Market: Carrols, Nextracker, Costco in Focus

Our time-tested methodologies were at work to help investors navigate the market well last week. Here are some of our key performance data from the past three months.