We use cookies to understand how you use our site and to improve your experience.
This includes personalizing content and advertising.
By pressing "Accept All" or closing out of this banner, you consent to the use of all cookies and similar technologies and the sharing of information they collect with third parties.
You can reject marketing cookies by pressing "Deny Optional," but we still use essential, performance, and functional cookies.
In addition, whether you "Accept All," Deny Optional," click the X or otherwise continue to use the site, you accept our Privacy Policy and Terms of Service, revised from time to time.
You are being directed to ZacksTrade, a division of LBMZ Securities and licensed broker-dealer. ZacksTrade and Zacks.com are separate companies. The web link between the two companies is not a solicitation or offer to invest in a particular security or type of security. ZacksTrade does not endorse or adopt any particular investment strategy, any analyst opinion/rating/report or any approach to evaluating individual securities.
If you wish to go to ZacksTrade, click OK. If you do not, click Cancel.
Here's Why You Must Add Nextracker Stock to Your Portfolio Now
Read MoreHide Full Article
Nextracker Inc. (NXT - Free Report) , with its rising earnings estimates, robust ROE, better debt management, and strong liquidity, offers a great investment opportunity in the Zacks Solar industry.
Let us focus on the reasons that make this Zacks Rank #1 (Strong Buy) stock a solid investment pick at the moment.
NXT’s Growth Projections & Surprise History
The Zacks Consensus Estimate for NXT’s fiscal 2025 and 2026 earnings per share (EPS) has increased 19.7% and 15.7%, respectively, over the past 60 days.
The Zacks Consensus Estimate for its fiscal 2025 revenues is pegged at $2.86 billion, which implies a rise of 14.2% from the fiscal 2024 reported sales figure. The Zacks Consensus Estimate for its fiscal 2026 revenues is pegged at $3.19 billion, which indicates a year-over-year increase of 11.7%.
It delivered an average earnings surprise of 57.44% in the last four quarters.
NXT’s Return on Equity
Return on equity (ROE) indicates how efficiently a company has been utilizing its funds to generate higher returns. Currently, NXT’s ROE is 41.22% compared with the industry’s 1.39%. This indicates that the company has been utilizing its funds more constructively than its peers in the industry.
Debt Position of Nextracker
Currently, NXT’s total debt to capital is 9.26%, much better than the industry’s average of 58.18%.
NXT’s times interest earned ratio (TIE) at the end of the third quarter of fiscal 2025 was 51.2. The TIE ratio of more than 1 indicates that the company will be able to meet its interest payment obligations in the near term without any problems.
NXT’s Liquidity
NXT’s current ratio at the end of the third quarter of fiscal 2025 was 2.21, higher than the industry’s average of 1.59. The ratio being greater than one indicates the company’s ability to meet its future short-term liabilities without difficulties.
NXT Stock Price Performance
In the past three months, NXT shares have risen 18.1% against the industry’s decline of 20.7%.
EXE delivered an average earnings surprise of 67.46% in the last four quarters. The Zacks Consensus Estimate for 2025 EPS is pegged at $7.23, which indicates a year-over-year improvement of 412.8%.
IREN delivered an average earnings surprise of 63.89% in the last four quarters. The Zacks Consensus Estimate for fiscal 2025 EPS is pegged at 38 cents, which suggests a year-over-year rise of 231%.
NFG delivered an average earnings surprise of 8.27% in the last four quarters. The Zacks Consensus Estimate for fiscal 2025 EPS is pegged at $6.64, which calls for a year-over-year improvement of 32.5%.
See More Zacks Research for These Tickers
Normally $25 each - click below to receive one report FREE:
Image: Bigstock
Here's Why You Must Add Nextracker Stock to Your Portfolio Now
Nextracker Inc. (NXT - Free Report) , with its rising earnings estimates, robust ROE, better debt management, and strong liquidity, offers a great investment opportunity in the Zacks Solar industry.
Let us focus on the reasons that make this Zacks Rank #1 (Strong Buy) stock a solid investment pick at the moment.
NXT’s Growth Projections & Surprise History
The Zacks Consensus Estimate for NXT’s fiscal 2025 and 2026 earnings per share (EPS) has increased 19.7% and 15.7%, respectively, over the past 60 days.
The Zacks Consensus Estimate for its fiscal 2025 revenues is pegged at $2.86 billion, which implies a rise of 14.2% from the fiscal 2024 reported sales figure. The Zacks Consensus Estimate for its fiscal 2026 revenues is pegged at $3.19 billion, which indicates a year-over-year increase of 11.7%.
It delivered an average earnings surprise of 57.44% in the last four quarters.
NXT’s Return on Equity
Return on equity (ROE) indicates how efficiently a company has been utilizing its funds to generate higher returns. Currently, NXT’s ROE is 41.22% compared with the industry’s 1.39%. This indicates that the company has been utilizing its funds more constructively than its peers in the industry.
Debt Position of Nextracker
Currently, NXT’s total debt to capital is 9.26%, much better than the industry’s average of 58.18%.
NXT’s times interest earned ratio (TIE) at the end of the third quarter of fiscal 2025 was 51.2. The TIE ratio of more than 1 indicates that the company will be able to meet its interest payment obligations in the near term without any problems.
NXT’s Liquidity
NXT’s current ratio at the end of the third quarter of fiscal 2025 was 2.21, higher than the industry’s average of 1.59. The ratio being greater than one indicates the company’s ability to meet its future short-term liabilities without difficulties.
NXT Stock Price Performance
In the past three months, NXT shares have risen 18.1% against the industry’s decline of 20.7%.
Image Source: Zacks Investment Research
Other Stocks to Consider
A few other top-ranked stocks from the same sector are Expand Energy Corporation (EXE - Free Report) , IREN Limited (IREN - Free Report) and National Fuel Gas Company (NFG - Free Report) , each holding a Zacks Rank #2 (Buy) at present. You can see the complete list of today’s Zacks #1 Rank stocks here.
EXE delivered an average earnings surprise of 67.46% in the last four quarters. The Zacks Consensus Estimate for 2025 EPS is pegged at $7.23, which indicates a year-over-year improvement of 412.8%.
IREN delivered an average earnings surprise of 63.89% in the last four quarters. The Zacks Consensus Estimate for fiscal 2025 EPS is pegged at 38 cents, which suggests a year-over-year rise of 231%.
NFG delivered an average earnings surprise of 8.27% in the last four quarters. The Zacks Consensus Estimate for fiscal 2025 EPS is pegged at $6.64, which calls for a year-over-year improvement of 32.5%.