An Evaluation Of Nextracker Inc (NASDAQ: NXT) Prospects

After Hours

After-hours and pre-market trading may carry slightly higher risks than regular market hours. As issuers often announce important financial information outside regular trading hours, extended-hours trading may result in wider spreads for a particular security. That is because extended-hours trading may result in lower liquidity and higher volatility.

Stocks Info

NXT belongs to the Technology sector of the NASDAQ while operating in the Solar industry. The current market capitalization of Nextracker Inc is $6.36B. A total of 1.07 million shares were traded on the day, compared to an average of 2.36M shares.

In the most recent transaction, Bennett David P bought 5,637 shares of NXT for 43.08 per share on Apr 02 ’25. In a previous transaction on Apr 02 ’25, Miller Nicholas Marco bought 6,479 shares at 43.08 per share.

Among the insiders who bought shares, SHUGAR DANIEL S acquired of 27,114 shares on Apr 02 ’25 at a per-share price of $43.08. In another insider transaction, LEDESMA BRUCE bought 16,807 shares at $43.08 per share on Apr 02 ’25.

While price targets are rarely accurate, they tend to exert some kind of influence from time to time and are often taken into account by investors. In terms of 52-week highs and lows, NXT has a high of $62.31 and a low of $30.93.

As of this writing, NXT has an earnings estimate of $0.98 per share for the current quarter. EPS was calculated based on a consensus of 22.0 estimates, with a high estimate of $1.25 per share and a lower estimate of $0.85.

Balance Sheet Annually/Quarterly

An organization’s balance sheet depicts the assets and liabilities it has, as well as the amount of equity invested. Investors can measure a company’s prospects by calculating its financial ratios using this information. NXT’s latest balance sheet shows that the firm has $38.37M in Cash & Short Term Investments as of fiscal 2022. Its Book Value Per Share was $9.79, while its Total Shareholder’s Equity was -$3.04M.

Analysts Opinion

There is a slight risk associated with trading before and after the market open. Due to lower liquidity and higher volatility, extended-hours trading may result in wider spreads on particular security due to the release of critical financial information after regular trading hours. Currently, 0 analysts are providing their opinions on the stock. On a scale of 1 to 5, with 1 being Sell and 5 being Buy, the average analyst rating for NXT is Buy with a score of 4.68.

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