Nextracker (NASDAQ:NXT – Get Rating) and Garmin (NASDAQ:GRMN – Get Rating) are both oils/energy companies, but which is the better business? We will contrast the two businesses based on the strength of their valuation, dividends, earnings, analyst recommendations, profitability, institutional ownership and risk.
Earnings & Valuation
This table compares Nextracker and Garmin's top-line revenue, earnings per share and valuation.
Get Nextracker alerts:| Gross Revenue | Price/Sales Ratio | Net Income | Earnings Per Share | Price/Earnings Ratio | |
| Nextracker | N/A | N/A | N/A | N/A | N/A |
| Garmin | $4.86 billion | 3.78 | $973.59 million | $5.04 | 19.03 |
Garmin has higher revenue and earnings than Nextracker.
Profitability
This table compares Nextracker and Garmin's net margins, return on equity and return on assets.
| Net Margins | Return on Equity | Return on Assets | |
| Nextracker | N/A | N/A | N/A |
| Garmin | 20.03% | 16.41% | 12.86% |
Insider & Institutional Ownership
63.3% of Garmin shares are owned by institutional investors. 20.3% of Garmin shares are owned by company 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.
Analyst Ratings
This is a breakdown of recent ratings and target prices for Nextracker and Garmin, as provided by MarketBeat.
| Sell Ratings | Hold Ratings | Buy Ratings | Strong Buy Ratings | Rating Score | |
| Nextracker | 0 | 3 | 11 | 0 | 2.79 |
| Garmin | 0 | 0 | 0 | 0 | N/A |
Nextracker currently has a consensus price target of $40.08, suggesting a potential upside of 28.47%. Given Nextracker's higher probable upside, analysts clearly believe Nextracker is more favorable than Garmin.
Summary
Garmin beats Nextracker on 6 of the 8 factors compared between the two stocks.
About Nextracker
(Get Rating)
Nextracker Inc. is a provider of intelligent, integrated solar tracker and software solutions used in utility-scale and distributed generation solar power plants. Nextracker Inc. is based in SAN JOSE, Calif.
About Garmin
(Get Rating)
Garmin Ltd. is a holding company, which engages in the provision of navigation, communications and information devices, most of which are enabled by Global Positioning System (GPS) technology. It operates through the following segments: Marine, Outdoor, Fitness, Auto OEM, Consumer Auto, and Aviation. The Marine segment manufactures and offers recreational marine electronics such as cartography, Sounders, Radar, Autopilot Systems and Sailing. The Outdoor segment offers products designed for use in outdoor activities such as Outdoor Handhelds, Adventure Watches, Golf Devices, Dog Tracking & Training Device, Garmin Connect & Garmin Connect Mobile, and Connect IQ. The Fitness segment refers to the products designed for use in fitness and activity tracking such as Running & Multi-Sport Watches, Cycling Computers, Power Meters, Safety & Awareness, and Activity Tracking Devices. The Auto OEM and Consumer Auto segments offer products designed for use in the auto market such as Personal Navigation Devices, Original Equipment Manufacturer (OEM) Solutions, and Cameras. The Aviation segment provides solutions to aircraft manufacturers, existing aircraft owners and operators, as well as governm
Receive News & Ratings for Nextracker Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Nextracker and related companies with MarketBeat.com's FREE daily email newsletter.