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Piper Sandler Initiates Coverage On Nextpower with Overweight Rating, Announces Price Target of $116
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Nextpower (NXT) Outpaces Stock Market Gains: What You Should Know
Nextpower (NXT) gained 1.15% to $83.50 in the latest session, outpacing the S&P 500's 1.06% gain. However, the stock has depreciated 17.29% over the past month, underperforming its sector. The company is expected to report EPS of $1.11 (down 6.72% YoY) with revenue projected at $1.06 billion (up 17.57% YoY). Nextpower carries a Zacks Rank #3 (Hold) with a Forward P/E of 17.85, trading at a premium to its industry average of 11.4.