nextracker inc. - NXT
NXT
Close Chg Chg %
37.59 -0.19 -0.51%
Closed Market
37.40
-0.19 (0.51%)
Volume: 1.70M
Last Updated:
Nov 21, 2024, 4:00 PM EDT
Company Overview: nextracker inc. - NXT
NXT Key Data
| Open $37.60 | Day Range 37.14 - 38.16 |
| 52 Week Range 30.93 - 62.31 | Market Cap $5.40B |
| Shares Outstanding 143.64M | Public Float 139.24M |
| Beta 2.32 | Rev. Per Employee N/A |
| P/E Ratio 10.23 | EPS $3.81 |
| Yield 0.00% | Dividend N/A |
| EX-DIVIDEND DATE | SHORT INTEREST N/A |
| AVERAGE VOLUME 3.43M |
NXT Performance
| 1 Week | 2.15% | ||
| 1 Month | 19.49% | ||
| 3 Months | -10.73% | ||
| 1 Year | -2.87% | ||
| 5 Years | N/A |
NXT Analyst Ratings
- Sell
- Under
- Hold
- Over
- Buy
Number of Ratings
30
Full Ratings ➔
About nextracker inc. - NXT
Nextracker, Inc. engages in the provision of integrated solar tracker and software solutions used in utility-scale and ground-mounted distributed generation solar projects. Its products enable solar panels in utility-scale power plants to follow the sun's movement across the sky and optimize plant performance. The company was founded by Daniel S. Shugar, Alexander Au, Nicholas Miller, Michael Mehavich, Marco Garcia, and Tyroan Hardy in 2013 and is headquartered in Fremont, CA.
NXT At a Glance
Nextracker, Inc.
6200 Paseo Padre Parkway
Fremont, California 94555
| Phone | 1-510-270-2500 | Revenue | 2.50B | |
| Industry | Electronic Equipment/Instruments | Net Income | 306.24M | |
| Sector | Electronic Technology | 2024 Sales Growth | 31.423% | |
| Fiscal Year-end | 03 / 2025 | Employees | 1,050 | |
| View SEC Filings |
NXT Valuation
| P/E Current | 9.907 |
| P/E Ratio (with extraordinary items) | N/A |
| P/E Ratio (without extraordinary items) | 16.702 |
| Price to Sales Ratio | 3.315 |
| Price to Book Ratio | 8.243 |
| Price to Cash Flow Ratio | 19.32 |
| Enterprise Value to EBITDA | 13.548 |
| Enterprise Value to Sales | 3.206 |
| Total Debt to Enterprise Value | 0.021 |
NXT Efficiency
| Revenue/Employee | 2,380,800.952 |
| Income Per Employee | 291,658.095 |
| Receivables Turnover | 2.762 |
| Total Asset Turnover | 1.269 |
NXT Liquidity
| Current Ratio | 1.983 |
| Quick Ratio | 1.64 |
| Cash Ratio | 0.532 |
NXT Profitability
| Gross Margin | 32.524 |
| Operating Margin | 23.486 |
| Pretax Margin | 24.321 |
| Net Margin | 12.25 |
| Return on Assets | 15.551 |
| Return on Equity | N/A |
| Return on Total Capital | 27.10 |
| Return on Invested Capital | N/A |
NXT Capital Structure
| Total Debt to Total Equity | 17.588 |
| Total Debt to Total Capital | 14.957 |
| Total Debt to Total Assets | 6.711 |
| Long-Term Debt to Equity | 16.797 |
| Long-Term Debt to Total Capital | 14.285 |
- Income Statement
- Balance Sheet
- Cash Flow Statement
Annual Financials for Nextracker Inc. - NXT
Collapse All in section
| All values USD millions. | 2021 | 2022 | 2023 | 2024 | 5-year trend |
|---|---|---|---|---|---|
Sales/Revenue
| 1.20B | 1.46B | 1.90B | 2.50B | |
Sales Growth
| +2.08% | +21.91% | +30.50% | +31.42% | |
Cost of Goods Sold (COGS) incl D&A
| 970.54M | 1.31B | 1.62B | 1.69B | |
COGS excluding D&A
| - | - | - | - | - |
Depreciation & Amortization Expense
| 16.81M | 11.20M | 4.63M | 4.36M | |
Depreciation
| 1.80M | 2.70M | 3.42M | 4.09M | |
Amortization of Intangibles
| 15.01M | 8.50M | 1.21M | 275.00K | |
COGS Growth
| +0.54% | +35.49% | +22.90% | +4.37% | |
Gross Income
| 225.08M | 142.63M | 286.02M | 813.05M | |
Gross Income Growth
| +9.26% | -36.63% | +100.53% | +184.27% | |
Gross Profit Margin
| +18.83% | +9.79% | +15.04% | +32.52% |
| 2021 | 2022 | 2023 | 2024 | 5-year trend | |
|---|---|---|---|---|---|
SG&A Expense
| 66.55M | 76.72M | 117.53M | 225.93M | |
Research & Development
| 13.01M | 14.18M | 21.62M | 42.36M | |
Other SG&A
| 53.54M | 62.55M | 95.91M | 183.57M | |
SGA Growth
| +16.55% | +15.29% | +53.19% | +92.23% | |
Other Operating Expense
| - | - | - | - | - |
Unusual Expense
| - | - | - | - | - |
EBIT after Unusual Expense
| 158.53M | 65.91M | 168.49M | 587.12M | |
Non Operating Income/Expense
| (502.00K) | (799.00K) | 598.00K | 34.70M | |
Non-Operating Interest Income
| - | - | - | - | - |
Equity in Earnings of Affiliates
| - | - | - | - | - |
Interest Expense
| - | - | - | 13.82M | - |
Interest Expense Growth
| - | - | - | - | - |
Gross Interest Expense
| - | - | - | 13.82M | - |
Interest Capitalized
| - | - | - | - | - |
Pretax Income
| 158.03M | 65.11M | 169.08M | 608.00M | |
Pretax Income Growth
| +6.11% | -58.80% | +159.70% | +259.58% | |
Pretax Margin
| +13.22% | +4.47% | +8.89% | +24.32% | |
Income Tax
| 33.68M | 14.20M | 47.75M | 111.78M | |
Income Tax - Current - Domestic
| 34.01M | 13.56M | 35.24M | 65.29M | |
Income Tax - Current - Foreign
| 2.00K | 5.97M | 18.24M | 7.90M | |
Income Tax - Deferred - Domestic
| 54.00K | (6.17M) | (8.66M) | 30.50M | |
Income Tax - Deferred - Foreign
| (388.00K) | 836.00K | 2.93M | 8.10M | |
Income Tax Credits
| - | - | - | - | - |
Equity in Earnings of Affiliates
| - | - | - | - | - |
Other After Tax Income (Expense)
| - | - | - | - | - |
Consolidated Net Income
| 124.35M | 50.91M | 121.33M | 496.21M | |
Minority Interest Expense
| - | - | 120.19M | 189.97M | - |
Net Income
| 124.35M | 50.91M | 1.14M | 306.24M | |
Net Income Growth
| +5.15% | -59.06% | -97.75% | +26,692.74% | |
Net Margin Growth
| +10.40% | +3.49% | +0.06% | +12.25% | |
Extraordinaries & Discontinued Operations
| - | - | - | - | - |
Discontinued Operations
| - | - | - | - | - |
Net Income After Extraordinaries
| 124.35M | 50.91M | 1.14M | 306.24M | |
Preferred Dividends
| - | - | - | - | - |
Net Income Available to Common
| 124.35M | 50.91M | 1.14M | 306.24M | |
EPS (Basic)
| 3.2269 | 1.11 | 0.0249 | 3.9737 | |
EPS (Basic) Growth
| +5.15% | -65.60% | -97.76% | +15,858.63% | |
Basic Shares Outstanding
| 38.54M | 45.87M | 45.89M | 77.07M | |
EPS (Diluted)
| 3.2269 | 1.11 | 0.0246 | 3.3691 | |
EPS (Diluted) Growth
| +5.15% | -65.60% | -97.78% | +13,595.53% | |
Diluted Shares Outstanding
| 38.54M | 45.87M | 145.85M | 147.28M | |
EBITDA
| 175.34M | 77.11M | 173.11M | 591.48M | |
EBITDA Growth
| +5.24% | -56.02% | +124.51% | +241.68% | |
EBITDA Margin
| +14.67% | +5.29% | +9.10% | +23.66% |
Snapshot
| Average Recommendation | OVERWEIGHT | Average Target Price | 55.12 | |
| Number of Ratings | 30 | Current Quarters Estimate | 0.602 | |
| FY Report Date | 12 / 2024 | Current Year's Estimate | 3.251 | |
| Last Quarter’s Earnings | 0.97 | Median PE on CY Estimate | N/A | |
| Year Ago Earnings | 3.06 | Next Fiscal Year Estimate | 3.325 | |
| Median PE on Next FY Estimate | N/A |
Earnings Per Share
| This Quarter | Next Quarter | This Fiscal | Next Fiscal | |
|---|---|---|---|---|
| # of Estimates | 24 | 24 | 24 | 27 |
| Mean Estimate | 0.60 | 0.80 | 3.25 | 3.32 |
| High Estimates | 0.86 | 0.92 | 3.64 | 4.15 |
| Low Estimate | 0.44 | 0.66 | 3.03 | 2.76 |
| Coefficient of Variance | 17.96 | 7.68 | 3.74 | 8.97 |
Analysts Recommendations
| Current | 1 Month Ago | 3 Months Ago | |
|---|---|---|---|
| BUY | 21 | 20 | 21 |
| OVERWEIGHT | 2 | 2 | 2 |
| HOLD | 6 | 8 | 9 |
| UNDERWEIGHT | 1 | 0 | 0 |
| SELL | 0 | 0 | 0 |
| MEAN | Overweight | Overweight | Overweight |
SEC Filings for Nextracker Inc. - NXT
| Filing Date | Type | Category | Amended |
|---|---|---|---|
| No results | |||
Insider Actions for Nextracker Inc. - NXT
| Date | Name | Shares | Transaction | Value |
|---|---|---|---|---|
| Jul 12, 2024 | Daniel S. Shugar Chief Executive Officer; Director | 352,216 | Bona fide gift | 0.00 |
| Jul 12, 2024 | Daniel S. Shugar Chief Executive Officer; Director | 143,503 | Bona fide gift | 0.00 |
| Jun 26, 2024 | Nicholas Miller Chief Operating Officer | 121,668 | Exercise or conversion of derivative security exempted pursuant to Rule 16b-3 | 0.00 |
| Jun 26, 2024 | David P. Bennett Chief Accounting Officer | 44,462 | Exercise or conversion of derivative security exempted pursuant to Rule 16b-3 | 0.00 |
| Jun 26, 2024 | David P. Bennett Chief Accounting Officer | 134,378 | Other acquisition or disposition Non-derivative transaction at $51.07 per share | 6,862,684.46 |
| Jun 26, 2024 | David P. Bennett Chief Accounting Officer | 144,738 | Exercise or conversion of derivative security exempted pursuant to Rule 16b-3 | 0.00 |
| Jun 26, 2024 | Nicholas Miller Chief Operating Officer | 115,451 | Other acquisition or disposition Non-derivative transaction at $51.07 per share | 5,896,082.57 |
| Jun 26, 2024 | Howard J. Wenger President; Director | 53,354 | Exercise or conversion of derivative security exempted pursuant to Rule 16b-3 | 0.00 |
| Jun 26, 2024 | Howard J. Wenger President; Director | 215,431 | Other acquisition or disposition Non-derivative transaction at $51.07 per share | 11,002,061.17 |
| Jun 26, 2024 | Howard J. Wenger President; Director | 227,864 | Exercise or conversion of derivative security exempted pursuant to Rule 16b-3 | 0.00 |
| Jun 26, 2024 | Nicholas Miller Chief Operating Officer | 26,677 | Exercise or conversion of derivative security exempted pursuant to Rule 16b-3 | 0.00 |
| Jun 26, 2024 | Daniel S. Shugar Chief Executive Officer; Director | 100,039 | Exercise or conversion of derivative security exempted pursuant to Rule 16b-3 | 0.00 |
| Jun 26, 2024 | Léah Schlesinger GC, Ch Eth & Compl Off r & Sec | 22,231 | Exercise or conversion of derivative security exempted pursuant to Rule 16b-3 | 0.00 |
| Jun 26, 2024 | Léah Schlesinger GC, Ch Eth & Compl Off r & Sec | 97,044 | Exercise or conversion of derivative security exempted pursuant to Rule 16b-3 | 0.00 |
| Jun 26, 2024 | Léah Schlesinger GC, Ch Eth & Compl Off r & Sec | 91,864 | Other acquisition or disposition Non-derivative transaction at $51.07 per share | 4,691,494.48 |
| Jun 26, 2024 | Bruce R. Ledesma President - Strtgy & Admnstrtn | 35,570 | Exercise or conversion of derivative security exempted pursuant to Rule 16b-3 | 0.00 |
| Jun 26, 2024 | Bruce R. Ledesma President - Strtgy & Admnstrtn | 145,315 | Other acquisition or disposition Non-derivative transaction at $51.07 per share | 7,421,237.05 |
| Jun 26, 2024 | Bruce R. Ledesma President - Strtgy & Admnstrtn | 153,603 | Exercise or conversion of derivative security exempted pursuant to Rule 16b-3 | 0.00 |
| Jun 18, 2024 | Jeffrey B. Guldner Director | 446 | Grant, award or other acq pursuant to Rule 16b-3(d) | 0.00 |
| May 31, 2024 | Charles D. Boynton Chief Financial Officer | 212,159 | Grant, award or other acq pursuant to Rule 16b-3(d) | 0.00 |