Nextpower (NXT) Dips More Than Broader Market: What You Should Know

Nextpower (NXT) fell 3.44% to $79.78, underperforming the broader market. While the company expects quarterly revenue growth of 19.17% year-over-year, EPS is projected to decline 6.72%. The stock trades at a premium valuation with a Forward P/E of 17.7 versus the industry average of 11.65, and holds a Zacks Rank #3 (Hold) rating. The Solar industry ranks in the bottom 6% of all industries.