Nextracker Class A Stock Buy Hold or Sell Recommendation
| NXT Stock | 38.18 1.40 3.54% |
Considering the 90-day investment horizon and your typical level of risk aversion, our recommendation regarding Nextracker Class A is 'Strong Sell'. A buy or sell recommendation provided by Macroaxis is an automated directive regarding whether to purchase or sell Nextracker Class A given historical horizon and risk tolerance towards Nextracker. When Macroaxis issues a 'buy' or 'sell' recommendation for Nextracker Class A, the advice is generated through an automated system that utilizes algorithms and statistical models.
Check out Nextracker Analyst Recommendation to compare Macroaxis Buy or Sell Recommendation with the current analyst consensus. To check ratings for multiple equity instruments, please use the Instant Ratings tool. Note, we conduct extensive research on individual companies such as Nextracker and provide practical buy, sell, or hold advice based on investors' constraints. Nextracker Class A. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in interest.
Nextracker |
Execute Nextracker Buy or Sell Advice
The Nextracker recommendation should be used to complement the buy-or-sell advice compiled from the current analysts' consensus on Nextracker Class A. Macroaxis does not own or have any residual interests in Nextracker Class A or other equities on which the buy-or-sell advice is provided. Please provide your input below to execute Nextracker's advice using the current market data and latest reported fundamentals.
Time Horizon
Risk Tolerance
 |  |
Strong Sell
Market Performance | Weak | Details | |
Volatility | Very steady | Details | |
Hype Condition | Low key | Details | |
Current Valuation | Undervalued | Details | |
Odds Of Distress | Low | Details | |
Economic Sensitivity | Slowly supersedes the market | Details | |
Investor Sentiment | Alarmed | Details | |
Analyst Consensus | Strong Buy | Details | |
Financial Strenth (F Score) | Strong | Details | |
Financial Leverage | Inapplicable | Details | |
Reporting Quality (M-Score) | Unlikely Manipulator | Details |
Nextracker Trading Alerts and Improvement Suggestions
| Nextracker Class A had very high historical volatility over the last 90 days | |
| Nextracker Class A has a strong financial position based on the latest SEC filings | |
| Over 100.0% of the company shares are owned by institutional investors | |
| Latest headline from accesswire.com: NXT Announces Receipt of Final Tranche of Convertible Debenture Offering |
Nextracker Returns Distribution Density
The distribution of Nextracker's historical returns is an attempt to chart the uncertainty of Nextracker's future price movements. The chart of the probability distribution of Nextracker daily returns describes the distribution of returns around its average expected value. We use Nextracker Class A price's Value At Risk and its Upside Potential as a relative measure of the distribution. The graph of the distribution of Nextracker returns is essential to provide solid investment advice for Nextracker.
| Mean Return | 0.05 | Value At Risk | -4.2 | Potential Upside | 5.93 | Standard Deviation | 4.28 |
Return Density |
| Distribution |
Investment risk management requires an estimate of the probability of extreme price changes. Therefore, the correct representation of the distribution of Nextracker historical returns presented in an easy-to-digest graphical form helps investors and money managers understand the risk-reward trade-off of different investement strategies.
Nextracker Cash Flow Accounts
| 2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
| Change To Inventory | (35.7M) | (23.3M) | (87.7M) | 25.1M | (61.0M) | (57.9M) | |
| Change In Cash | (11.4M) | 187.6M | (161.5M) | 100.9M | 344.0M | 361.2M | |
| Free Cash Flow | 239.3M | 91.3M | (153.0M) | 104.5M | 422.3M | 443.4M | |
| Depreciation | 17.9M | 16.8M | 11.1M | 4.6M | 4.4M | 4.1M | |
| Other Non Cash Items | 3.4M | 3.9M | 184K | (58.0M) | 198.7M | 208.6M | |
| Capital Expenditures | 1.7M | 3.0M | 5.9M | 3.2M | 6.7M | 4.6M | |
| Net Income | 118.3M | 124.3M | 50.9M | 121.3M | 306.2M | 321.6M | |
| End Period Cash Flow | 3.0M | 190.6M | 29.1M | 130.0M | 474.1M | 497.8M |
Nextracker Greeks
Most traded equities are subject to two types of risk - systematic (i.e., market) and unsystematic (i.e., nonmarket or company-specific) risk. Unsystematic risk is the risk that events specific to Nextracker or Electrical Equipment sector will adversely affect the stock's price. This type of risk can be diversified away by owning several different stocks in different industries whose stock prices have shown a small correlation to each other. On the other hand, systematic risk is the risk that Nextracker's price will be affected by overall stock market movements and cannot be diversified away. So, no matter how many positions you have, you cannot eliminate market risk. However, you can measure a Nextracker stock's historical response to market movements and buy it if you are comfortable with its volatility direction. Beta and standard deviation are two commonly used measures to help you make the right decision.
α | Alpha over Dow Jones | -0.0048 | |
β | Beta against Dow Jones | 0.30 | |
σ | Overall volatility | 4.37 | |
Ir | Information ratio | -0.03 |
Nextracker Volatility Alert
Nextracker Class A currently demonstrates below-average downside deviation. It has Information Ratio of -0.03 and Jensen Alpha of 0.0. Understanding different market volatility trends often help investors to time the market. Properly using volatility indicators enable traders to measure Nextracker's stock risk against market volatility during both bullish and bearish trends. The higher level of volatility that comes with bear markets can directly impact Nextracker's stock price while adding stress to investors as they watch their shares' value plummet. This usually forces investors to rebalance their portfolios by buying different financial instruments as prices fall.Nextracker Fundamentals Vs Peers
Comparing Nextracker's fundamentals to the average values of its peers is one of the most widely used and accepted methods of equity analyses. It helps to analyze Nextracker's direct or indirect competition across all of the common fundamentals between Nextracker and the related equities. This way, we can detect undervalued stocks with similar characteristics as Nextracker or determine the stocks which would be an excellent addition to an existing portfolio. Peer analysis of Nextracker's fundamental indicators could also be used in its relative valuation, which is a method of valuing Nextracker by comparing valuation metrics with those of similar companies.
| Better Than Average | Worse Than Average | Compare Nextracker to competition |
| Fundamentals | Nextracker | Peer Average |
| Return On Equity | 0.61 | -0.31 |
| Return On Asset | 0.19 | -0.14 |
| Profit Margin | 0.17 % | (1.27) % |
| Operating Margin | 0.21 % | (5.51) % |
| Current Valuation | 5.35 B | 16.62 B |
| Shares Outstanding | 143.64 M | 571.82 M |
| Shares Owned By Insiders | 0.43 % | 10.09 % |
| Shares Owned By Institutions | 99.57 % | 39.21 % |
| Number Of Shares Shorted | 12.51 M | 4.71 M |
| Price To Book | 4.49 X | 9.51 X |
| Price To Sales | 2.08 X | 11.42 X |
| Revenue | 2.5 B | 9.43 B |
| EBITDA | 591.48 M | 3.9 B |
| Net Income | 306.24 M | 570.98 M |
| Cash Per Share | 3.06 X | 5.01 X |
| Total Debt | 143.97 M | 5.32 B |
| Debt To Equity | 3.07 % | 48.70 % |
| Current Ratio | 1.40 X | 2.16 X |
| Book Value Per Share | 8.81 X | 1.93 K |
| Cash Flow From Operations | 428.97 M | 971.22 M |
| Short Ratio | 4.50 X | 4.00 X |
| Earnings Per Share | 4.00 X | 3.12 X |
| Price To Earnings To Growth | 2.51 X | 4.89 X |
| Target Price | 55.93 | |
| Number Of Employees | 1.05 K | 18.84 K |
| Market Capitalization | 5.92 B | 19.03 B |
| Total Asset | 2.52 B | 29.47 B |
| Retained Earnings | (3.07 B) | 9.33 B |
| Working Capital | 876.75 M | 1.48 B |
| Current Asset | 1.64 B | 9.34 B |
| Current Liabilities | 1.17 B | 7.9 B |
| Net Asset | 2.52 B |
Note: Acquisition by Thomas Brandi Elizabeth of 3723 shares of Nextracker subject to Rule 16b-3 [view details]
Nextracker Market Momentum
Traders often use several daily momentume indicators to supplement a more traditional technical analysis when analyzing securities such as Nextracker . With many different options, investors must choose the best indicators for them and familiarize themselves with how they work. We suggest combining traditional momentum indicators with more near-term forms of technical analysis such as Accumulation Distribution or Daily Balance Of Power. With their quantitative nature, daily value technical indicators can also be incorporated into your automated trading systems.
| Accumulation Distribution | 107989.0 | |||
| Daily Balance Of Power | (0.86) | |||
| Rate Of Daily Change | 0.96 | |||
| Day Median Price | 38.3 | |||
| Day Typical Price | 38.26 | |||
| Price Action Indicator | (0.82) | |||
| Period Momentum Indicator | (1.40) | |||
| Relative Strength Index | 31.17 |
About Nextracker Buy or Sell Advice
When is the right time to buy or sell Nextracker Class A? Buying financial instruments such as Nextracker Stock isn't very hard. However, what challenging for most investors is doing it at the right time to beat the market. Proper market timing is something most people cannot do without sophisticated tools, which help to isolate the right opportunities. Macroaxis provides hands-on modules to deliver winning trades and diversify your portfolios on a daily basis. Most of our advising modules are very easy to use and apply.
Please read more on our stock advisor page.
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Additional Tools for Nextracker Stock Analysis
When running Nextracker's price analysis, check to measure Nextracker's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Nextracker is operating at the current time. Most of Nextracker's value examination focuses on studying past and present price action to predict the probability of Nextracker's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Nextracker's price. Additionally, you may evaluate how the addition of Nextracker to your portfolios can decrease your overall portfolio volatility.