Analyzing SunHydrogen (OTCMKTS:HYSR) & Nextracker (NASDAQ:NXT)

Nextracker (NASDAQ:NXTGet Free Report) and SunHydrogen (OTCMKTS:HYSRGet Free Report) are both computer and technology companies, but which is the better business? We will compare the two companies based on the strength of their risk, valuation, analyst recommendations, institutional ownership, profitability, dividends and earnings.

Institutional and Insider Ownership

67.4% of Nextracker shares are held by institutional investors. Comparatively, 14.7% of SunHydrogen shares are held by institutional investors. 0.3% of Nextracker shares are held by insiders. Comparatively, 8.2% of SunHydrogen shares are held by insiders. Strong institutional ownership is an indication that hedge funds, large money managers and endowments believe a stock is poised for long-term growth.

Valuation & Earnings

This table compares Nextracker and SunHydrogen’s top-line revenue, earnings per share (EPS) and valuation.

Gross Revenue Price/Sales Ratio Net Income Earnings Per Share Price/Earnings Ratio
Nextracker $2.74 billion 2.06 $306.24 million $3.36 11.59
SunHydrogen N/A N/A N/A ($0.02) -0.79

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

Profitability

This table compares Nextracker and SunHydrogen’s net margins, return on equity and return on assets.

Net Margins Return on Equity Return on Assets
Nextracker 14.87% -20.75% 14.88%
SunHydrogen N/A N/A N/A

Analyst Ratings

This is a breakdown of recent ratings and recommmendations for Nextracker and SunHydrogen, as reported by MarketBeat.com.

Sell Ratings Hold Ratings Buy Ratings Strong Buy Ratings Rating Score
Nextracker 0 4 18 0 2.82
SunHydrogen 0 0 0 0 N/A

Nextracker presently has a consensus price target of $58.45, suggesting a potential upside of 50.11%. Given Nextracker’s higher possible upside, research analysts plainly believe Nextracker is more favorable than SunHydrogen.

Summary

Nextracker beats SunHydrogen on 8 of the 10 factors compared between the two stocks.

About Nextracker

(Get Free Report)

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.

About SunHydrogen

(Get Free Report)

SunHydrogen, Inc. engages in the development and marketing of solar-powered nanoparticle systems that mimics photosynthesis to separate hydrogen from water. Its SunHydrogen panels used to produce renewable hydrogen to produce renewable electricity, fuel cells, and other applications. The company was formerly known as HyperSolar, Inc. and changed its name to SunHydrogen, Inc. in June 2020. SunHydrogen, Inc. was incorporated in 2009 and is based in Coralville, Iowa.

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