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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%) 7:16 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

Better trading starts here.

Zacks News

Emeren Group (SOL) Buys 10.76 MWh Storage Portfolio in China

Emeren Group (SOL), through this acquisition, will further expand its energy storage operation in China.

First Solar (FSLR) Inks Long-Term PPA With Cleantech Solar

First Solar's (FSLR) partnership with Cleantech Solar will help expand its presence in India's solar market and thus deliver clean, reliable energy to its customers.

Reasons to Add JinkoSolar (JKS) to Your Portfolio Right Now

JinkoSolar (JKS) makes a strong case for investment, given its positive growth estimates, strong financial position and increasing demand.

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3 Renewable Energy Stocks Poised to Beat the Market in 2024

The International Energy Agency projects cumulative world renewable capacity to reach more than 4500 gigawatts (GW) at the end of 2024. This should encourage one to buy stocks like CEG, RNW and NXT.

New Strong Buy Stocks for December 19th

BECN, SUN, NXT, FPAY and HGTY have been added to the Zacks Rank #1 (Strong Buy) List on December 19, 2023.

Matador Resources and Hilton Grand Vacations have been highlighted as Zacks Bull and Bear of the Day

Matador Resources and Hilton Grand Vacations have been highlighted as Zacks Bull and Bear of the Day.

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US Solar Electricity Generation to Beat Hydro: Stocks to Buy

The solar capacity increase is projected to reduce generation from fossil fuel-fired power plants in the nation. You may buy JKS, NXT and SHLS.

Wall Street Analysts Believe Nextracker (NXT) Could Rally 28.21%: Here's is How to Trade

The average of price targets set by Wall Street analysts indicates a potential upside of 28.2% in Nextracker (NXT). While the effectiveness of this highly sought-after metric is questionable, the positive trend in earnings estimate revisions might translate into an upside in the stock.

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3 Solar Stocks to Watch Amid Consistent Supply-Chain Hurdles

The growth prospects for the U.S. solar industry remain bleak on account of consistent supply-chain challenges amid solid installation activities and IRA benefits. You may still keep FSLR, NXT and JKS in your watchlist.

Does Nextracker (NXT) Have the Potential to Rally 36.06% as Wall Street Analysts Expect?

The average of price targets set by Wall Street analysts indicates a potential upside of 36.1% in Nextracker (NXT). While the effectiveness of this highly sought-after metric is questionable, the positive trend in earnings estimate revisions might translate into an upside in the stock.

Enphase Energy (ENPH) to Post Q3 Earnings: What's in Store?

Enphase Energy's (ENPH) Q3 results are likely to reflect a slowdown in its U.S. business, thus negatively impacting its top line.

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Navigating the IPO Minefield: 3 Hidden Gems

IPOs are the lifeblood of the stock market but can also present risk. Strategist Andrew Rocco walks you through pitfalls to watch, and 3 IPOs set to outperform over the next 6-12 months.

Plains All American (PAA) Rides on JVs, Debt Reduction Plans

Plains All American (PAA) is expected to further benefit from strategic investments, joint ventures and debt reduction initiatives.

Why Nextracker (NXT) Might Surprise This Earnings Season

Nextracker (NXT) is seeing favorable earnings estimate revision activity and has a positive Zacks Earnings ESP heading into earnings season.

What Makes Nextracker (NXT) a New Buy Stock

Nextracker (NXT) might move higher on growing optimism about its earnings prospects, which is reflected by its upgrade to a Zacks Rank #2 (Buy).

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Load Up on These 5 Exceptional Relative Price Strength Stocks

IDCC, TMHC, NXT, GRBK and LGND are five stocks with explosive relative price strength.