NXT
Price
$42.87
Change
+$0.08 (+0.19%)
Updated
May 1, 6:59 PM EST
13 days until earnings call
SHLS
Price
$8.48
Change
+$0.03 (+0.36%)
Updated
May 1, 6:59 PM EST
6 days until earnings call
Ad is loading...

NXT vs SHLS ᐉ Comparison: Which is Better to Invest?

Header iconNXT vs SHLS Comparison
Open Charts NXT vs SHLSBanner chart's image
Nextracker
Price$42.87
Change+$0.08 (+0.19%)
Volume$2.19M
CapitalizationN/A
Shoals Technologies Group
Price$8.48
Change+$0.03 (+0.36%)
Volume$2.08M
CapitalizationN/A
View a ticker or compare two or three
NXT vs SHLS Comparison Chart

Loading...

NXTDaily Signal changed days agoGain/Loss if shorted
 
Show more...
SHLSDaily Signal changed days agoGain/Loss if shorted
 
Show more...
VS
NXT vs. SHLS commentary
May 01, 2024

To compare these two companies we present long-term analysis, their fundamental ratings and make comparative short-term technical analysis which are presented below. The conclusion is NXT is a Hold and SHLS is a Hold.

COMPARISON
Comparison
May 01, 2024
Stock price -- (NXT: $42.79 vs. SHLS: $8.45)
Brand notoriety: NXT and SHLS are both not notable
Both companies represent the Electrical Products industry
Current volume relative to the 65-day Moving Average: NXT: 68% vs. SHLS: 64%
Market capitalization -- NXT: $7.67B vs. SHLS: $1.94B
NXT [@Electrical Products] is valued at $7.67B. SHLS’s [@Electrical Products] market capitalization is $1.94B. The market cap for tickers in the [@Electrical Products] industry ranges from $181.26B to $0. The average market capitalization across the [@Electrical Products] industry is $3.75B.

Long-Term Analysis

It is best to consider a long-term outlook for a ticker by using Fundamental Analysis (FA) ratings. The rating of 1 to 100, where 1 is best and 100 is worst, is divided into thirds. The first third (a green rating of 1-33) indicates that the ticker is undervalued; the second third (a grey number between 34 and 66) means that the ticker is valued fairly; and the last third (red number of 67 to 100) reflects that the ticker is undervalued. We use an FA Score to show how many ratings show the ticker to be undervalued (green) or overvalued (red).

NXT’s FA Score shows that 2 FA rating(s) are green whileSHLS’s FA Score has 1 green FA rating(s).

  • NXT’s FA Score: 2 green, 3 red.
  • SHLS’s FA Score: 1 green, 4 red.
According to our system of comparison, NXT is a better buy in the long-term than SHLS.

Short-Term Analysis

It is best to consider a short-term outlook for a ticker by using Technical Analysis (TA) indicators. We use Odds of Success as the percentage of outcomes which confirm successful trade signals in the past.

If the Odds of Success (the likelihood of the continuation of a trend) for each indicator are greater than 50%, then the generated signal is confirmed. A green percentage from 90% to 51% indicates that the ticker is in a bullish trend. A red percentage from 90% - 51% indicates that the ticker is in a bearish trend. All grey percentages are below 50% and are considered not to confirm the trend signal.

NXT’s TA Score shows that 5 TA indicator(s) are bullish while SHLS’s TA Score has 6 bullish TA indicator(s).

  • NXT’s TA Score: 5 bullish, 4 bearish.
  • SHLS’s TA Score: 6 bullish, 2 bearish.
According to our system of comparison, SHLS is a better buy in the short-term than NXT.

Price Growth

NXT (@Electrical Products) experienced а -3.67% price change this week, while SHLS (@Electrical Products) price change was -0.12% for the same time period.

The average weekly price growth across all stocks in the @Electrical Products industry was +5.10%. For the same industry, the average monthly price growth was -4.18%, and the average quarterly price growth was -4.79%.

Reported Earning Dates

NXT is expected to report earnings on Jul 25, 2024.

SHLS is expected to report earnings on Aug 06, 2024.

Industries' Descriptions

@Electrical Products (+5.10% weekly)

The industry produces a diverse range of electricity-powered equipment, appliances and components, catering to both households and industries. The products include power, distribution and specialty transformers; electric motors, generators and motor-generator sets; switchgear and switchboard apparatus; light bulbs, tubes, fittings and electric signs etc. Consumer income, construction spending, and industrial production are major drivers of demand for this industry’s products. Large companies tend to have economies of scale in production, marketing, and distribution, while smaller companies can potentially carve out their own market through niche or specialty offerings. The US electrical products manufacturing industry includes about 5,700 establishments (single-location companies and units of multi-location companies) with combined annual revenue of about $125 billion. (according to a study published in First Research). Emerson Electric Co., Hubbell Incorporated and Eaton Corporation plc are major electrical products makers in the U.S.

SUMMARIES
A.I.dvisor published
a Summary for NXT with price predictions.
OPEN
A.I.dvisor published
a Summary for SHLS with price predictions.
OPEN
FUNDAMENTALS
Fundamentals
NXT($7.67B) has a higher market cap than SHLS($1.94B). SHLS has higher P/E ratio than NXT: SHLS (47.38) vs NXT (27.66). NXT YTD gains are higher at: -8.666 vs. SHLS (-45.624). NXT has higher annual earnings (EBITDA): 361M vs. SHLS (89.6M). NXT has more cash in the bank: 368M vs. SHLS (22.7M). NXT has less debt than SHLS: NXT (145M) vs SHLS (181M). NXT has higher revenues than SHLS: NXT (2.28B) vs SHLS (489M).
NXTSHLSNXT / SHLS
Capitalization7.67B1.94B396%
EBITDA361M89.6M403%
Gain YTD-8.666-45.62419%
P/E Ratio27.6647.3858%
Revenue2.28B489M467%
Total Cash368M22.7M1,621%
Total Debt145M181M80%
TECHNICAL ANALYSIS
Technical Analysis
NXTSHLS
RSI
ODDS (%)
Bullish Trend 2 days ago
90%
Bullish Trend 2 days ago
79%
Stochastic
ODDS (%)
Bullish Trend 2 days ago
90%
Bullish Trend 2 days ago
76%
Momentum
ODDS (%)
N/A
Bullish Trend 2 days ago
83%
MACD
ODDS (%)
Bullish Trend 2 days ago
89%
Bullish Trend 2 days ago
75%
TrendWeek
ODDS (%)
Bearish Trend 2 days ago
72%
Bearish Trend 2 days ago
86%
TrendMonth
ODDS (%)
Bearish Trend 2 days ago
56%
Bearish Trend 2 days ago
84%
Advances
ODDS (%)
Bullish Trend 3 days ago
88%
Bullish Trend 3 days ago
81%
Declines
ODDS (%)
Bearish Trend 7 days ago
69%
Bearish Trend 14 days ago
86%
BollingerBands
ODDS (%)
Bullish Trend 2 days ago
83%
Bullish Trend 2 days ago
90%
Aroon
ODDS (%)
Bearish Trend 2 days ago
47%
Bearish Trend 2 days ago
80%
View a ticker or compare two or three
Ad is loading...
NXTDaily Signal changed days agoGain/Loss if shorted
 
Show more...
SHLSDaily Signal changed days agoGain/Loss if shorted
 
Show more...
Interesting Tickers
1D
1W
1M
1Q
6M
1Y
5Y
1 Day
MFs / NAMEPrice $Chg $Chg %
TBHDX5.89-0.06
-1.01%
Tweedy, Browne Worldwide Hi Div Yld Val
AINTX14.64-0.17
-1.15%
Ariel International Investor
AIEVX23.59-0.35
-1.46%
Invesco EQV International Equity R5
NEFFX57.15-0.92
-1.58%
American Funds New Economy F2
KDHSX54.21-0.93
-1.69%
DWS CROCI Equity Dividend S

NXT and

Correlation & Price change

A.I.dvisor indicates that over the last year, NXT has been loosely correlated with SHLS. These tickers have moved in lockstep 62% of the time. This A.I.-generated data suggests there is some statistical probability that if NXT jumps, then SHLS could also see price increases.

1D
1W
1M
1Q
6M
1Y
5Y
Ticker /
NAME
Correlation
To NXT
1D Price
Change %
NXT100%
-2.99%
SHLS - NXT
62%
Loosely correlated
-3.21%
ARRY - NXT
59%
Loosely correlated
-1.52%
FSLR - NXT
52%
Loosely correlated
-2.51%
FCEL - NXT
47%
Loosely correlated
-0.16%
ENPH - NXT
41%
Loosely correlated
-4.47%
More

SHLS and

Correlation & Price change

A.I.dvisor indicates that over the last year, SHLS has been loosely correlated with ARRY. These tickers have moved in lockstep 66% of the time. This A.I.-generated data suggests there is some statistical probability that if SHLS jumps, then ARRY could also see price increases.

1D
1W
1M
1Q
6M
1Y
5Y
Ticker /
NAME
Correlation
To SHLS
1D Price
Change %
SHLS100%
-3.21%
ARRY - SHLS
66%
Loosely correlated
-1.52%
NXT - SHLS
62%
Loosely correlated
-2.99%
RUN - SHLS
56%
Loosely correlated
-4.01%
SPWR - SHLS
50%
Loosely correlated
-4.63%
FCEL - SHLS
49%
Loosely correlated
-0.16%
More