Nextracker (NXT) Competitors

Nextracker (NASDAQ:NXT) and Nokia Oyj (NYSE:NOK) are both energy companies, but which is the better business? We will compare the two companies based on the strength of their earnings, media sentiment, analyst recommendations, community ranking, profitability, risk, valuation, institutional ownership and dividends.

Which has stronger earnings & valuation, NXT or NOK?

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

Company	Gross Revenue	Price/Sales Ratio	Net Income	Earnings Per Share	Price/Earnings Ratio
Nextracker	$2.96B	2.90	$306.24M	$3.47	17.00
Nokia Oyj	$19.17B	1.51	$1.38B	$0.15	35.40

Do institutionals & insiders hold more shares of NXT or NOK?

67.4% of Nextracker shares are owned by institutional investors. Comparatively, 5.3% of Nokia Oyj shares are owned by institutional investors. 0.3% of Nextracker shares are owned by company insiders. Strong institutional ownership is an indication that endowments, hedge funds and large money managers believe a company is poised for long-term growth.

Does the MarketBeat Community favor NXT or NOK?

Nokia Oyj received 909 more outperform votes than Nextracker when rated by MarketBeat users. However, 71.88% of users gave Nextracker an outperform vote while only 61.19% of users gave Nokia Oyj an outperform vote.

Company	Underperform	Outperform
Nextracker	Outperform Votes 92 71.88%	Underperform Votes 36 28.13%
Nokia Oyj	Outperform Votes 1001 61.19%	Underperform Votes 635 38.81%

Which has more volatility & risk, NXT or NOK?

Nextracker has a beta of 2.03, suggesting that its stock price is 103% more volatile than the S&P 500. Comparatively, Nokia Oyj has a beta of 0.95, suggesting that its stock price is 5% less volatile than the S&P 500.

Does the media refer more to NXT or NOK?

In the previous week, Nextracker had 45 more articles in the media than Nokia Oyj. MarketBeat recorded 62 mentions for Nextracker and 17 mentions for Nokia Oyj. Nokia Oyj's average media sentiment score of 0.89 beat Nextracker's score of 0.70 indicating that Nokia Oyj is being referred to more favorably in the news media.

Company	Very Positive	Positive	Neutral	Negative	Very Negative	Overall Sentiment
Nextracker	25 Very Positive mention(s)	1 Positive mention(s)	16 Neutral mention(s)	3 Negative mention(s)	0 Very Negative mention(s)	Positive
Nokia Oyj	8 Very Positive mention(s)	2 Positive mention(s)	5 Neutral mention(s)	0 Negative mention(s)	0 Very Negative mention(s)	Positive

Do analysts rate NXT or NOK?

Nextracker currently has a consensus target price of $60.00, indicating a potential upside of 1.71%. Nokia Oyj has a consensus target price of $5.85, indicating a potential upside of 10.17%. Given Nokia Oyj's higher possible upside, analysts plainly believe Nokia Oyj is more favorable than Nextracker.

Company	Sell Ratings	Hold Ratings	Buy Ratings	Strong Buy Ratings	Rating Score
Nextracker	0 Sell rating(s)	5 Hold rating(s)	16 Buy rating(s)	2 Strong Buy rating(s)	2.87
Nokia Oyj	1 Sell rating(s)	0 Hold rating(s)	4 Buy rating(s)	0 Strong Buy rating(s)	2.60

Is NXT or NOK more profitable?

Nextracker has a net margin of 20.12% compared to Nokia Oyj's net margin of 6.54%. Nextracker's return on equity of 41.22% beat Nokia Oyj's return on equity.

Company	Net Margins	Return on Equity	Return on Assets
Nextracker	20.12%	41.22%	18.29%
Nokia Oyj	6.54%	10.30%	5.52%

Summary

Nextracker beats Nokia Oyj on 13 of the 19 factors compared between the two stocks.