Free Trial

Nextracker (NXT) Competitors

Nextracker logo
$37.59 +1.19 (+3.27%)
(As of 11/20/2024 ET)

NXT vs. DRS, NN, LUNR, IPAX, CODA, MIND, NOC, LHX, GRMN, and TDY

Should you be buying Nextracker stock or one of its competitors? The main competitors of Nextracker include Leonardo DRS (DRS), NextNav (NN), Intuitive Machines (LUNR), Inflection Point Acquisition (IPAX), Coda Octopus Group (CODA), MIND Technology (MIND), Northrop Grumman (NOC), L3Harris Technologies (LHX), Garmin (GRMN), and Teledyne Technologies (TDY). These companies are all part of the "search & navigation equipment" industry.

Nextracker vs.

Leonardo DRS (NASDAQ:DRS) and Nextracker (NASDAQ:NXT) are both mid-cap aerospace companies, but which is the better business? We will contrast the two businesses based on the strength of their risk, valuation, profitability, earnings, analyst recommendations, media sentiment, institutional ownership, dividends and community ranking.

18.8% of Leonardo DRS shares are owned by institutional investors. Comparatively, 67.4% of Nextracker shares are owned by institutional investors. 0.1% of Leonardo DRS shares are owned by insiders. Comparatively, 0.3% of Nextracker shares are owned by insiders. Strong institutional ownership is an indication that hedge funds, large money managers and endowments believe a company will outperform the market over the long term.

Nextracker received 47 more outperform votes than Leonardo DRS when rated by MarketBeat users. However, 78.26% of users gave Leonardo DRS an outperform vote while only 70.65% of users gave Nextracker an outperform vote.

CompanyUnderperformOutperform
Leonardo DRSOutperform Votes
18
78.26%
Underperform Votes
5
21.74%
NextrackerOutperform Votes
65
70.65%
Underperform Votes
27
29.35%

Leonardo DRS currently has a consensus target price of $32.17, suggesting a potential downside of 7.99%. Nextracker has a consensus target price of $55.15, suggesting a potential upside of 46.71%. Given Nextracker's stronger consensus rating and higher probable upside, analysts plainly believe Nextracker is more favorable than Leonardo DRS.

Company Sell Ratings Hold Ratings Buy Ratings Strong Buy Ratings Rating Score
Leonardo DRS
0 Sell rating(s)
3 Hold rating(s)
3 Buy rating(s)
0 Strong Buy rating(s)
2.50
Nextracker
0 Sell rating(s)
4 Hold rating(s)
16 Buy rating(s)
1 Strong Buy rating(s)
2.86

Nextracker has lower revenue, but higher earnings than Leonardo DRS. Nextracker is trading at a lower price-to-earnings ratio than Leonardo DRS, indicating that it is currently the more affordable of the two stocks.

CompanyGross RevenuePrice/Sales RatioNet IncomeEarnings Per SharePrice/Earnings Ratio
Leonardo DRS$3.18B2.91$168M$0.7447.24
Nextracker$2.50B2.19$306.24M$4.019.37

In the previous week, Nextracker had 7 more articles in the media than Leonardo DRS. MarketBeat recorded 10 mentions for Nextracker and 3 mentions for Leonardo DRS. Nextracker's average media sentiment score of 1.24 beat Leonardo DRS's score of 0.55 indicating that Nextracker is being referred to more favorably in the news media.

Company Very Positive Positive Neutral Negative Very Negative Overall Sentiment
Leonardo DRS
2 Very Positive mention(s)
0 Positive mention(s)
1 Neutral mention(s)
0 Negative mention(s)
0 Very Negative mention(s)
Positive
Nextracker
7 Very Positive mention(s)
1 Positive mention(s)
0 Neutral mention(s)
0 Negative mention(s)
0 Very Negative mention(s)
Positive

Nextracker has a net margin of 17.26% compared to Leonardo DRS's net margin of 6.23%. Nextracker's return on equity of 559.17% beat Leonardo DRS's return on equity.

Company Net Margins Return on Equity Return on Assets
Leonardo DRS6.23% 9.71% 6.03%
Nextracker 17.26%559.17%16.42%

Leonardo DRS has a beta of 0.95, suggesting that its share price is 5% less volatile than the S&P 500. Comparatively, Nextracker has a beta of 2.32, suggesting that its share price is 132% more volatile than the S&P 500.

Summary

Nextracker beats Leonardo DRS on 15 of the 19 factors compared between the two stocks.

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.
Skip Chart

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.
Skip Chart

NXT vs. The Competition

MetricNextrackerSearch & navigation equipment IndustryEnergy SectorNASDAQ Exchange
Market Cap$5.47B$15.27B$8.40B$8.81B
Dividend YieldN/A1.66%11.48%4.07%
P/E Ratio9.3720.8216.8017.52
Price / Sales2.1946.78123.0385.12
Price / Cash13.3420.049.5632.51
Price / Book5.4829.113.764.68
Net Income$306.24M$493.28M$947.22M$225.62M
7 Day Performance0.78%1.77%1.13%-2.04%
1 Month Performance12.14%20.67%2.34%0.03%
1 Year Performance-5.29%85.56%409.30%24.47%

Nextracker Competitors List

CompanyMarketRankShare PriceAnalysts' Price Target1Y Price PerformanceMarket CapRevenueP/E RatioEmployee CountIndicator(s)
NXT
Nextracker
4.0122 of 5 stars
$37.59
+3.3%
$55.15
+46.7%
-5.3%$5.30B$2.50B9.371,050Analyst Forecast
Positive News
DRS
Leonardo DRS
1.6643 of 5 stars
$34.96
-0.4%
$32.17
-8.0%
+81.6%$9.28B$2.83B47.246,600
NN
NextNav
3.2019 of 5 stars
$15.35
-5.3%
$20.00
+30.3%
+220.5%$2.09B$3.86M0.0060Analyst Revision
LUNR
Intuitive Machines
2.0418 of 5 stars
$12.07
-3.9%
$13.10
+8.5%
+305.0%$1.61B$79.52M0.00382
IPAX
Inflection Point Acquisition
N/A$12.07
-3.9%
N/A+321.5%$497.51MN/A0.001High Trading Volume
CODA
Coda Octopus Group
1.7427 of 5 stars
$9.73
+7.9%
$11.00
+13.1%
+58.5%$100.98M$19.35M36.0480High Trading Volume
MIND
MIND Technology
0.9368 of 5 stars
$3.80
flat
N/A-22.1%$5.34M$36.51M0.00145Positive News
NOC
Northrop Grumman
4.8334 of 5 stars
$491.98
+0.2%
$550.56
+11.9%
+5.6%$71.54B$39.29B30.48101,000Analyst Downgrade
Analyst Revision
Positive News
LHX
L3Harris Technologies
4.6238 of 5 stars
$244.36
+0.3%
$267.50
+9.5%
+31.0%$46.20B$19.42B38.6050,000Ex-Dividend
Positive News
GRMN
Garmin
4.1348 of 5 stars
$205.57
-0.9%
$162.67
-20.9%
+71.2%$39.82B$5.23B26.0919,900
TDY
Teledyne Technologies
4.3724 of 5 stars
$470.45
+1.2%
$517.50
+10.0%
+20.3%$21.66B$5.64B23.7814,900Analyst Revision

Related Companies and Tools


This page (NASDAQ:NXT) was last updated on 11/21/2024 by MarketBeat.com Staff
From Our Partners