Nextracker (NASDAQ:NXT – Get Rating) and L3Harris Technologies (NYSE:LHX – Get Rating) are both oils/energy companies, but which is the superior stock? We will compare the two businesses based on the strength of their valuation, institutional ownership, profitability, analyst recommendations, earnings, dividends and risk.
Analyst Recommendations
This is a summary of current ratings and price targets for Nextracker and L3Harris Technologies, as provided by MarketBeat.
| Sell Ratings | Hold Ratings | Buy Ratings | Strong Buy Ratings | Rating Score | |
| Nextracker | 0 | 2 | 13 | 0 | 2.87 |
| L3Harris Technologies | 0 | 8 | 6 | 0 | 2.43 |
Nextracker presently has a consensus target price of $40.31, indicating a potential upside of 16.53%. L3Harris Technologies has a consensus target price of $259.46, indicating a potential upside of 28.43%. Given L3Harris Technologies’ higher probable upside, analysts plainly believe L3Harris Technologies is more favorable than Nextracker.
Profitability
| Net Margins | Return on Equity | Return on Assets | |
| Nextracker | N/A | N/A | N/A |
| L3Harris Technologies | 6.22% | 13.20% | 7.37% |
Insider and Institutional Ownership
82.2% of L3Harris Technologies shares are owned by institutional investors. 0.8% of L3Harris Technologies shares are owned by company insiders. Strong institutional ownership is an indication that large money managers, hedge funds and endowments believe a company will outperform the market over the long term.
Valuation and Earnings
This table compares Nextracker and L3Harris Technologies’ gross revenue, earnings per share (EPS) and valuation.
| Gross Revenue | Price/Sales Ratio | Net Income | Earnings Per Share | Price/Earnings Ratio | |
| Nextracker | $1.46 billion | 1.09 | $50.91 million | N/A | N/A |
| L3Harris Technologies | $17.06 billion | 2.25 | $1.06 billion | $5.47 | 36.93 |
L3Harris Technologies has higher revenue and earnings than Nextracker.
Summary
L3Harris Technologies beats Nextracker on 9 of the 11 factors compared between the two stocks.
About Nextracker
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 L3Harris Technologies
L3Harris Technologies, Inc. engages in the provision of defense and commercial technologies across the air, land, sea, space, and cyber domains. It operates through the following segments: Integrated Mission Systems, Space and Airborne Systems, Communication Systems, and Aviation Systems. The Integrated Mission Systems segment consists of multi-mission ISR and communication systems, integrated electrical and electronic systems for maritime platforms, and advanced electro-optical and infrared solutions. The Space and Airborne Systems segment consists of space payloads, sensors and full-mission solutions, classified intelligence and cyber defense, avionics, and electronic warfare. The Communication Systems segment consists of tactical communications, broadband communications, integrated vision solutions, and public safety. The Aviation Systems segment is composed of defense aviation products, security, detection and other commercial aviation products, air traffic management, and commercial and military pilot training. The company was founded in 1890 and is headquartered in Melbourne, FL.
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