Comparing Three Sixty Solar (OTCMKTS:VSOLF) & Nextracker (NASDAQ:NXT)

Three Sixty Solar (OTCMKTS:VSOLF) and Nextracker (NASDAQ:NXT) are both computer and technology companies, but which is the superior investment? We will contrast the two businesses based on the strength of their risk, analyst recommendations, institutional ownership, valuation, dividends, earnings and profitability.

Analyst Ratings

This is a summary of recent recommendations for Three Sixty Solar and Nextracker, as provided by MarketBeat.com.

	Sell Ratings	Hold Ratings	Buy Ratings	Strong Buy Ratings	Rating Score
Three Sixty Solar	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 38.81%. Given Nextracker’s higher probable upside, analysts clearly believe Nextracker is more favorable than Three Sixty Solar.

Insider & Institutional Ownership

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

Profitability

This table compares Three Sixty Solar and Nextracker’s net margins, return on equity and return on assets.

	Net Margins	Return on Equity	Return on Assets
Three Sixty Solar	N/A	N/A	N/A
Nextracker	14.87%	-20.75%	14.88%

Valuation and Earnings

This table compares Three Sixty Solar and Nextracker’s revenue, earnings per share (EPS) and valuation.

	Gross Revenue	Price/Sales Ratio	Net Income	Earnings Per Share	Price/Earnings Ratio
Three Sixty Solar	N/A	N/A	N/A	N/A	N/A
Nextracker	$2.74 billion	2.23	$306.24 million	$3.36	12.53

Nextracker has higher revenue and earnings than Three Sixty Solar.

Summary

Nextracker beats Three Sixty Solar on 7 of the 8 factors compared between the two stocks.

About Three Sixty Solar

Three Sixty Solar Ltd. designs, builds, and installs vertical solar array systems in Canada. It also offers solar towers for commercial projects and utility scale solar farms. The company was founded in 1994 and is headquartered in Vancouver, Canada.

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.