Nextracker (NXT) Competitors

Nextracker (NASDAQ:NXT) and Array Technologies (NASDAQ:ARRY) are both energy companies, but which is the superior investment? We will compare the two businesses based on the strength of their analyst recommendations, media sentiment, earnings, institutional ownership, dividends, profitability, risk and valuation.

Is NXT or ARRY more profitable?

Nextracker has a net margin of 17.55% compared to Array Technologies' net margin of -17.78%. Nextracker's return on equity of 37.02% beat Array Technologies' return on equity.

Company	Net Margins	Return on Equity	Return on Assets
Nextracker	17.55%	37.02%	18.44%
Array Technologies	-17.78%	-280.76%	10.48%

Do institutionals & insiders believe in NXT or ARRY?

67.4% of Nextracker shares are held by institutional investors. 0.6% of Nextracker shares are held by insiders. Comparatively, 0.5% of Array Technologies shares are held by insiders. Strong institutional ownership is an indication that large money managers, hedge funds and endowments believe a stock will outperform the market over the long term.

Does the media refer more to NXT or ARRY?

In the previous week, Nextracker had 20 more articles in the media than Array Technologies. MarketBeat recorded 24 mentions for Nextracker and 4 mentions for Array Technologies. Nextracker's average media sentiment score of 0.95 beat Array Technologies' score of 0.61 indicating that Nextracker is being referred to more favorably in the media.

Company	Very Positive	Positive	Neutral	Negative	Very Negative	Overall Sentiment
Nextracker	14 Very Positive mention(s)	3 Positive mention(s)	6 Neutral mention(s)	0 Negative mention(s)	0 Very Negative mention(s)	Positive
Array Technologies	1 Very Positive mention(s)	0 Positive mention(s)	2 Neutral mention(s)	1 Negative mention(s)	0 Very Negative mention(s)	Positive

Which has more risk & volatility, NXT or ARRY?

Nextracker has a beta of 2.26, meaning that its share price is 126% more volatile than the S&P 500. Comparatively, Array Technologies has a beta of 1.76, meaning that its share price is 76% more volatile than the S&P 500.

Which has preferable earnings and valuation, NXT or ARRY?

Nextracker has higher revenue and earnings than Array Technologies. Array Technologies is trading at a lower price-to-earnings ratio than Nextracker, 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	3.66	$509.17M	$3.67	19.93
Array Technologies	$915.81M	1.37	-$240.39M	-$1.74	-4.72

Do analysts prefer NXT or ARRY?

Nextracker presently has a consensus price target of $65.84, indicating a potential downside of 9.98%. Array Technologies has a consensus price target of $8.81, indicating a potential upside of 7.12%. Given Array Technologies' higher possible upside, analysts clearly believe Array Technologies is more favorable than Nextracker.

Company	Sell Ratings	Hold Ratings	Buy Ratings	Strong Buy Ratings	Rating Score
Nextracker	0 Sell rating(s)	9 Hold rating(s)	14 Buy rating(s)	1 Strong Buy rating(s)	2.67
Array Technologies	1 Sell rating(s)	10 Hold rating(s)	9 Buy rating(s)	0 Strong Buy rating(s)	2.40

Summary

Nextracker beats Array Technologies on 16 of the 17 factors compared between the two stocks.