Nextracker Class A Stock Analysis

Nextracker Stock Analysis Notes

About 100.0% of the company shares are owned by institutional investors. The book value of Nextracker was now reported as 8.82. The company has Price/Earnings To Growth (PEG) ratio of 2.51. Nextracker Class A had not issued any dividends in recent years. To find out more about Nextracker Class A contact Daniel Shugar at 510 270 2500 or learn more at https://www.nextracker.com.

Nextracker Class A Investment Alerts

Nextracker Class A Upcoming and Recent Events

Nextracker Largest EPS Surprises

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Nextracker Environmental, Social, and Governance (ESG) Scores

Nextracker Market Capitalization

The company currently falls under 'Mid-Cap' category with a total capitalization of 5.73 B.

Nextracker Profitablity

The company has Net Profit Margin of 0.17 %, which implies that it may need a different competitive strategy as even a very small decline in it revenue may erase profits and result in a net loss. This is way below average. In the same way, it shows Net Operating Margin of 0.21 %, which entails that for every 100 dollars of revenue, it generated $0.21 of operating income.

Management Efficiency

Nextracker Class A has Return on Asset of 0.1865 % which means that on every $100 spent on assets, it made $0.1865 of profit. This is way below average. In the same way, it shows a return on shareholders' equity (ROE) of 0.6061 %, implying that it generated $0.6061 on every 100 dollars invested. Nextracker's management efficiency ratios could be used to measure how well Nextracker manages its routine affairs as well as how well it operates its assets and liabilities. At this time, Nextracker's Return On Tangible Assets are comparatively stable compared to the past year. Return On Equity is likely to gain to 0.33 in 2024, whereas Return On Capital Employed is likely to drop 0.21 in 2024. At this time, Nextracker's Non Current Liabilities Total is comparatively stable compared to the past year. Non Current Liabilities Other is likely to gain to about 515.9 M in 2024, whereas Total Current Liabilities is likely to drop slightly above 514.4 M in 2024.

Technical Drivers

As of the 26th of November, Nextracker secures the Downside Deviation of 3.15, risk adjusted performance of 0.0202, and Mean Deviation of 2.86. In connection with fundamental indicators, the technical analysis model lets you check existing technical drivers of Nextracker Class A, as well as the relationship between them.

Nextracker Class A Price Movement Analysis

Nextracker Class A Insider Trading Activities

Nextracker Predictive Daily Indicators

Nextracker Corporate Filings

Nextracker Forecast Models

Nextracker's time-series forecasting models are one of many Nextracker's stock analysis techniques aimed at predicting future share value based on previously observed values. Time-series forecasting models ae widely used for non-stationary data. Non-stationary data are called the data whose statistical properties e.g. the mean and standard deviation are not constant over time but instead, these metrics vary over time. These non-stationary Nextracker's historical data is usually called time-series. Some empirical experimentation suggests that the statistical forecasting models outperform the models based exclusively on fundamental analysis to predict the direction of the market movement and maximize returns from investment trading.

Stock analysis is the technique used by a trader or investor to examine and evaluate how Nextracker prices is reacting to, or reflecting on a current market direction and economic conditions. It can be used to make informed decisions about market timing, and when buying or selling Nextracker shares will generate the highest return on investment. We also built our stock analysis module to help investors to gain an insight into the world economy as a whole, the stock market, thematic ideas. a specific sector, or an individual Stock such as Nextracker. By using and applying Nextracker Stock analysis, traders can create a robust methodology for identifying Nextracker entry and exit points for their positions.

We track the performance of the top 100 financial experts across various large and mid-size financial boutiques. Nextracker analyst recommendations are determined by taking all analyst recommendations and averaging them as Strong Buy, Buy, Hold, Strong Sell or Sell. There is no one specific way to measure analysis performance other than comparing it to the past results via a very sophisticated attribution analysis. Nextracker analyst consensus and target price projections should be used in combination with other traditional techniques such as stock price forecasting, technical analysis, earnings estimate, and various momentum models.

Nextracker Class A stock analysis indicators help investors evaluate how Nextracker stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing and determine when trading Nextracker shares will generate the highest return on investment. By understating and applying Nextracker stock analysis, traders can identify Nextracker position entry and exit signals to maximize returns.

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.