Nextracker Inc (NASDAQ:NXT) currently has a daily average trading volume of 2.36M but it saw 2127178 shares traded in last market. With a market cap of 8.13B USD, the company’s current market price of $55.61 came falling about -0.48 while comparing to the previous closing price of $55.88. In past 52 weeks, the stock remained buoying in the range of price level as high as $63.19 and as low as $30.93. In the recent trading on the day, stock has struck highest price mark of $54.87 while lowest mark touched by it was $56.475.
The company’s shares got several price updates from the analyst firms in past one month and most recent of them is from the TD Cowen which reiterated the stock as “Hold” in its note to investors issued on May 15, 2025, recommending a price target of between $47 and $55 for it.
Over the week, NXT’s stock price is moving -5.73% down while it is 28.73% when we observe its performance for the past one month. Year-to-date it is 52.23% up and over the past year, the stock is showing an upside performance of 8.36%.
Currently, Nextracker Inc’s total number of outstanding shares is 145.65M with 0.37% of that held by the insiders while 106.69% of its common stock has been owned by the institutions. Company’s return on investment (ROI) stands at 30.79% and return on equity (ROE) at 39.33%. It has a price to earnings ratio (P/E ratio) of 16.05 while having a 12.85 of forward P/E ratio. Stock’s beta reads 2.35. Stock has a price to book (P/B) ratio of 4.97 while price to sale or P/S ratio amounts to 2.75. Its return on asset (ROA) is 17.83% on average.
