NXT vs. HUBB, GFS, ASX, UI, STM, ALAB, UMC, FLEX, CLS, and CRDO
Should you be buying Nextracker stock or one of its competitors? The main competitors of Nextracker include Hubbell (HUBB), GlobalFoundries (GFS), ASE Technology (ASX), Ubiquiti (UI), STMicroelectronics (STM), Astera Labs (ALAB), United Microelectronics (UMC), Flex (FLEX), Celestica (CLS), and Credo Technology Group (CRDO). These companies are all part of the "electronic equipment" industry.
Nextracker vs.
Hubbell (NYSE:HUBB) and Nextracker (NASDAQ:NXT) are both industrial products companies, but which is the better business? We will compare the two companies based on the strength of their risk, valuation, institutional ownership, earnings, analyst recommendations, dividends, community ranking, profitability and media sentiment.
Hubbell received 260 more outperform votes than Nextracker when rated by MarketBeat users. However, 70.41% of users gave Nextracker an outperform vote while only 57.22% of users gave Hubbell an outperform vote.
In the previous week, Nextracker had 20 more articles in the media than Hubbell. MarketBeat recorded 37 mentions for Nextracker and 17 mentions for Hubbell. Hubbell's average media sentiment score of 1.04 beat Nextracker's score of 0.00 indicating that Hubbell is being referred to more favorably in the media.
Hubbell presently has a consensus price target of $471.50, suggesting a potential upside of 7.77%. Nextracker has a consensus price target of $53.10, suggesting a potential upside of 20.15%. Given Nextracker's stronger consensus rating and higher probable upside, analysts plainly believe Nextracker is more favorable than Hubbell.
Hubbell has a beta of 0.93, suggesting that its share price is 7% less volatile than the S&P 500. Comparatively, Nextracker has a beta of 2.04, suggesting that its share price is 104% more volatile than the S&P 500.
Hubbell has higher revenue and earnings than Nextracker. Nextracker is trading at a lower price-to-earnings ratio than Hubbell, indicating that it is currently the more affordable of the two stocks.
88.2% of Hubbell shares are held by institutional investors. Comparatively, 67.4% of Nextracker shares are held by institutional investors. 0.8% of Hubbell shares are held by insiders. Comparatively, 0.3% of Nextracker shares are held by insiders. Strong institutional ownership is an indication that large money managers, hedge funds and endowments believe a company will outperform the market over the long term.
Nextracker has a net margin of 17.26% compared to Hubbell's net margin of 13.33%. Nextracker's return on equity of 559.17% beat Hubbell's return on equity.
Summary
Nextracker beats Hubbell on 10 of the 19 factors compared between the two stocks.
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New MarketBeat Followers Over Time
This chart shows the number of new MarketBeat users adding {thisCompany.Symbol} and its top 5 competitors to their watchlist. Each company is represented with a line over a 90 day period.
Media Sentiment Over Time
This chart shows the average media sentiment of NASDAQ and its competitors over the past 90 days as caculated by MarketBeat. The averaged score is equivalent to the following: Very Negative Sentiment <= -1.5, Negative Sentiment > -1.5 and <= -0.5, Neutral Sentiment > -0.5 and < 0.5, Positive Sentiment >= 0.5 and < 1.5, and Very Positive Sentiment >= 1.5.
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This page (NASDAQ:NXT) was last updated on 1/20/2025 by MarketBeat.com Staff
