TGI Solar Power Group (OTCMKTS:TSPG – Get Free Report) and Nextracker (NASDAQ:NXT – Get Free Report) are both computer and technology companies, but which is the better stock? We will contrast the two companies based on the strength of their analyst recommendations, institutional ownership, valuation, profitability, risk, earnings and dividends.
Valuation and Earnings
This table compares TGI Solar Power Group and Nextracker’s top-line revenue, earnings per share (EPS) and valuation.
Gross Revenue | Price/Sales Ratio | Net Income | Earnings Per Share | Price/Earnings Ratio | |
TGI Solar Power Group | N/A | N/A | N/A | N/A | N/A |
Nextracker | $2.74 billion | 2.06 | $306.24 million | $3.36 | 11.59 |
Nextracker has higher revenue and earnings than TGI Solar Power Group.
Profitability
Net Margins | Return on Equity | Return on Assets | |
TGI Solar Power Group | N/A | N/A | N/A |
Nextracker | 14.87% | -20.75% | 14.88% |
Analyst Recommendations
This is a breakdown of recent ratings and recommmendations for TGI Solar Power Group and Nextracker, as reported by MarketBeat.com.
Sell Ratings | Hold Ratings | Buy Ratings | Strong Buy Ratings | Rating Score | |
TGI Solar Power Group | 0 | 0 | 0 | 0 | N/A |
Nextracker | 0 | 4 | 18 | 0 | 2.82 |
Nextracker has a consensus price target of $58.45, suggesting a potential upside of 50.11%. Given Nextracker’s higher possible upside, analysts clearly believe Nextracker is more favorable than TGI Solar Power Group.
Institutional & Insider Ownership
67.4% of Nextracker shares are held by institutional investors. 0.3% of Nextracker shares are held by insiders. Strong institutional ownership is an indication that large money managers, hedge funds and endowments believe a stock is poised for long-term growth.
Summary
Nextracker beats TGI Solar Power Group on 7 of the 8 factors compared between the two stocks.
About TGI Solar Power Group
TGI Solar Power Group Inc. intends to provide clients with management, tools, and resources to deliver interactive, real-time, on demand staffing for full time and project based personnel. The company was formerly known as TenthGate International, Inc. and changed its name to TGI Solar Power Group Inc. in June 2008. TGI Solar Power Group Inc. was founded in 1967 and is based in Ewing, New Jersey.
About Nextracker
Nextracker Inc., an energy solutions company, provides solar tracker and software solutions for utility-scale and distributed generation solar projects in the United States and internationally. The company offers tracking solutions, which includes NX Horizon, a solar tracking solution; and NX Horizon-XTR, a terrain-following tracker designed to expand the addressable market for trackers on sites with sloped, uneven, and challenging terrain. It also provides TrueCapture, a self-adjusting tracker control system, which boosts solar power plant production by optimizing the position of individual tracker row in response to site features, such as varying topography and changing weather conditions; and NX Navigator, that assists solar power plant owners and operators in monitoring, controlling, and protecting their solar projects. The company was founded in 2013 and is headquartered in Fremont, California. As of March 31, 2024 Nextracker Inc. was formerly a subsidiary of Flex Ltd.
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