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S&P 500   5,005.77 (-0.11%)
DOW   37,986.71 (+0.56%)
QQQ   419.10 (-1.02%)
AAPL   165.24 (-1.08%)
MSFT   400.87 (-0.84%)
META   486.86 (-2.98%)
GOOGL   154.62 (-0.89%)
AMZN   176.16 (-1.71%)
TSLA   149.13 (-0.53%)
NVDA   817.73 (-3.42%)
AMD   150.76 (-2.79%)
NIO   3.86 (-3.50%)
BABA   68.70 (-0.26%)
T   16.39 (+0.37%)
F   12.09 (+0.25%)
MU   109.05 (-2.57%)
GE   150.94 (-1.31%)
CGC   7.55 (-3.58%)
DIS   111.91 (-0.46%)
AMC   3.15 (+7.88%)
PFE   25.56 (+0.67%)
PYPL   62.04 (-0.10%)
XOM   120.52 (+1.69%)
S&P 500   5,005.77 (-0.11%)
DOW   37,986.71 (+0.56%)
QQQ   419.10 (-1.02%)
AAPL   165.24 (-1.08%)
MSFT   400.87 (-0.84%)
META   486.86 (-2.98%)
GOOGL   154.62 (-0.89%)
AMZN   176.16 (-1.71%)
TSLA   149.13 (-0.53%)
NVDA   817.73 (-3.42%)
AMD   150.76 (-2.79%)
NIO   3.86 (-3.50%)
BABA   68.70 (-0.26%)
T   16.39 (+0.37%)
F   12.09 (+0.25%)
MU   109.05 (-2.57%)
GE   150.94 (-1.31%)
CGC   7.55 (-3.58%)
DIS   111.91 (-0.46%)
AMC   3.15 (+7.88%)
PFE   25.56 (+0.67%)
PYPL   62.04 (-0.10%)
XOM   120.52 (+1.69%)
S&P 500   5,005.77 (-0.11%)
DOW   37,986.71 (+0.56%)
QQQ   419.10 (-1.02%)
AAPL   165.24 (-1.08%)
MSFT   400.87 (-0.84%)
META   486.86 (-2.98%)
GOOGL   154.62 (-0.89%)
AMZN   176.16 (-1.71%)
TSLA   149.13 (-0.53%)
NVDA   817.73 (-3.42%)
AMD   150.76 (-2.79%)
NIO   3.86 (-3.50%)
BABA   68.70 (-0.26%)
T   16.39 (+0.37%)
F   12.09 (+0.25%)
MU   109.05 (-2.57%)
GE   150.94 (-1.31%)
CGC   7.55 (-3.58%)
DIS   111.91 (-0.46%)
AMC   3.15 (+7.88%)
PFE   25.56 (+0.67%)
PYPL   62.04 (-0.10%)
XOM   120.52 (+1.69%)

Nextracker (NXT) Competitors

$43.69
-0.84 (-1.89%)
(As of 10:40 AM ET)

NXT vs. KNTK, DTM, ENLC, SM, UGP, NFE, AM, ETRN, MGY, and CPG

Should you be buying Nextracker stock or one of its competitors? The main competitors of Nextracker include Kinetik (KNTK), DT Midstream (DTM), EnLink Midstream (ENLC), SM Energy (SM), Ultrapar Participações (UGP), New Fortress Energy (NFE), Antero Midstream (AM), Equitrans Midstream (ETRN), Magnolia Oil & Gas (MGY), and Crescent Point Energy (CPG). These companies are all part of the "oils/energy" sector.

Nextracker vs.

Kinetik (NASDAQ:KNTK) and Nextracker (NASDAQ:NXT) are both mid-cap oils/energy companies, but which is the superior stock? We will compare the two businesses based on the strength of their institutional ownership, community ranking, media sentiment, analyst recommendations, dividends, profitability, valuation, risk and earnings.

21.1% of Kinetik shares are owned by institutional investors. Comparatively, 67.4% of Nextracker shares are owned by institutional investors. 3.6% of Kinetik shares are owned by insiders. Comparatively, 0.1% 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.

Kinetik has a beta of 2.8, meaning that its stock price is 180% more volatile than the S&P 500. Comparatively, Nextracker has a beta of 1.94, meaning that its stock price is 94% more volatile than the S&P 500.

In the previous week, Kinetik and Kinetik both had 6 articles in the media. Nextracker's average media sentiment score of 1.20 beat Kinetik's score of 0.38 indicating that Kinetik is being referred to more favorably in the media.

Company Very Positive Positive Neutral Negative Very Negative Overall Sentiment
Kinetik
3 Very Positive mention(s)
0 Positive mention(s)
2 Neutral mention(s)
0 Negative mention(s)
0 Very Negative mention(s)
Positive
Nextracker
2 Very Positive mention(s)
0 Positive mention(s)
3 Neutral mention(s)
1 Negative mention(s)
0 Very Negative mention(s)
Neutral

Kinetik currently has a consensus target price of $39.67, indicating a potential upside of 2.60%. Nextracker has a consensus target price of $59.41, indicating a potential upside of 33.41%. Given Kinetik's stronger consensus rating and higher possible upside, analysts plainly believe Nextracker is more favorable than Kinetik.

Company Sell Ratings Hold Ratings Buy Ratings Strong Buy Ratings Rating Score
Kinetik
0 Sell rating(s)
7 Hold rating(s)
6 Buy rating(s)
0 Strong Buy rating(s)
2.46
Nextracker
0 Sell rating(s)
3 Hold rating(s)
19 Buy rating(s)
0 Strong Buy rating(s)
2.86

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

CompanyGross RevenuePrice/Sales RatioNet IncomeEarnings Per SharePrice/Earnings Ratio
Kinetik$1.26B4.73$386.45M$2.2617.11
Nextracker$1.90B3.20$1.14M$1.8723.81

Kinetik has a net margin of 28.57% compared to Kinetik's net margin of 4.48%. Kinetik's return on equity of -5.98% beat Nextracker's return on equity.

Company Net Margins Return on Equity Return on Assets
Kinetik28.57% -49.32% 5.71%
Nextracker 4.48%-5.98%10.11%

Nextracker received 29 more outperform votes than Kinetik when rated by MarketBeat users. Likewise, 66.13% of users gave Nextracker an outperform vote while only 35.29% of users gave Kinetik an outperform vote.

CompanyUnderperformOutperform
KinetikOutperform Votes
12
35.29%
Underperform Votes
22
64.71%
NextrackerOutperform Votes
41
66.13%
Underperform Votes
21
33.87%

Summary

Nextracker beats Kinetik on 10 of the 17 factors compared between the two stocks.

New MarketBeat Followers Over Time

This chart shows the number of new MarketBeat users adding NXT and its top 5 competitors to their watchlist. Each company is represented with a line over a 90 day period.
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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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NXT vs. The Competition

MetricNextrackerSearch & navigation equipment IndustryEnergy SectorNASDAQ Exchange
Market Cap$6.11B$11.81B$7.83B$7.46B
Dividend YieldN/A2.01%11.50%4.00%
P/E Ratio23.8116.2719.5117.57
Price / Sales3.2034.6595.3586.00
Price / Cash171.8433.3311.8035.05
Price / Book-2.0931.303.474.19
Net Income$1.14M$431.17M$1.01B$214.15M
7 Day Performance-5.66%0.39%-3.20%-3.31%
1 Month Performance-22.58%0.06%1.81%-3.82%
1 Year Performance30.28%17.72%2.28%3.74%

Nextracker Competitors List

CompanyMarketRankShare PriceAnalysts' Price Target1Y Price PerformanceMarket CapRevenueP/E RatioEmployee CountIndicator(s)
KNTK
Kinetik
1.6658 of 5 stars
$38.48
+0.4%
$39.33
+2.2%
+22.7%$5.91B$1.26B17.03330Analyst Report
Positive News
DTM
DT Midstream
2.226 of 5 stars
$62.03
-0.3%
$58.57
-5.6%
+29.5%$6.02B$922M15.70402
ENLC
EnLink Midstream
2.0174 of 5 stars
$13.46
+0.1%
$14.63
+8.7%
+30.0%$6.10B$6.90B30.591,072Analyst Report
SM
SM Energy
3.4432 of 5 stars
$50.31
-0.2%
$49.29
-2.0%
+62.9%$5.82B$2.37B7.32544Analyst Report
Analyst Revision
UGP
Ultrapar Participações
1.2841 of 5 stars
$5.14
-1.3%
$4.37
-15.0%
+74.6%$5.73B$25.25B11.429,778Gap Down
NFE
New Fortress Energy
3.8222 of 5 stars
$27.61
-1.3%
$39.29
+42.3%
-6.7%$5.66B$2.41B10.42677Positive News
AM
Antero Midstream
3.0005 of 5 stars
$13.59
-0.5%
$12.70
-6.5%
+31.6%$6.52B$1.04B17.64604Upcoming Earnings
Analyst Revision
News Coverage
ETRN
Equitrans Midstream
4.0525 of 5 stars
$12.29
-1.0%
$10.86
-11.6%
+151.2%$5.36B$1.39B13.81773Options Volume
MGY
Magnolia Oil & Gas
2.4733 of 5 stars
$26.00
-0.7%
$26.29
+1.1%
+14.1%$5.31B$1.23B12.68247Analyst Report
CPG
Crescent Point Energy
4.3221 of 5 stars
$8.55
+0.5%
$13.75
+60.9%
+8.3%$5.29B$2.59B12.21777

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This page (NASDAQ:NXT) was last updated on 4/19/2024 by MarketBeat.com Staff

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