Head-To-Head Survey: Turbo Energy (NASDAQ:TURB) versus Nextracker (NASDAQ:NXT)

Nextracker (NASDAQ:NXT) and Turbo Energy (NASDAQ:TURB) are both oils/energy companies, but which is the better business? We will compare the two companies based on the strength of their profitability, earnings, valuation, institutional ownership, dividends, analyst recommendations and risk.

Profitability

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

	Net Margins	Return on Equity	Return on Assets
Nextracker	14.87%	-36.33%	14.22%
Turbo Energy	N/A	N/A	N/A

Institutional and Insider Ownership

67.4% of Nextracker shares are held by institutional investors. 0.3% of Nextracker shares are held by company insiders. Strong institutional ownership is an indication that endowments, large money managers and hedge funds believe a company will outperform the market over the long term.

Analyst Recommendations

This is a breakdown of current ratings and target prices for Nextracker and Turbo Energy, as reported by MarketBeat.com.

	Sell Ratings	Hold Ratings	Buy Ratings	Strong Buy Ratings	Rating Score
Nextracker	0	5	18	0	2.78
Turbo Energy	0	0	0	0	N/A

Nextracker presently has a consensus target price of $57.91, indicating a potential upside of 60.69%. Given Nextracker’s higher possible upside, equities research analysts plainly believe Nextracker is more favorable than Turbo Energy.

Valuation and Earnings

This table compares Nextracker and Turbo Energy’s gross revenue, earnings per share (EPS) and valuation.

	Gross Revenue	Price/Sales Ratio	Net Income	Earnings Per Share	Price/Earnings Ratio
Nextracker	$2.74 billion	1.91	$306.24 million	$3.36	10.73
Turbo Energy	$13.10 million	N/A	N/A	N/A	N/A

Nextracker has higher revenue and earnings than Turbo Energy.

Summary

Nextracker beats Turbo Energy on 7 of the 8 factors compared between the two stocks.

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.

About Turbo Energy

Turbo Energy, S.A. designs, develops, and distributes equipment for the generation, management, and storage of photovoltaic energy in Spain, rest of Europe, and internationally. The company offers lithium-ion batteries; inverters; photovoltaic modules; Go Solar, a portable photovoltaic product; and Sunbox, an AI based software system that monitors the generation, use, and management of photovoltaic energy. It is also involved in the acquisition, distribution, and sale of electrical and electronic materials for the development of renewable energy projects, such as solar panels, inverters, chargers, regulators, batteries, and structures. The company sells its products to installers and distributors for residential consumers. The company was incorporated in 2013 and is based in Valencia, Spain. Turbo Energy, S.A. is a subsidiary of Umbrella Solar Investment, S.A.