In the journey to outperform the market, investors delve into the art of stock selection. Choosing the right stocks can be a powerful driver for wealth accumulation.
After finishing at $16.09 in the prior trading day, Quanex Building Products Corp (NYSE: NX) closed at $15.98, down -0.68%. In other words, the price has decreased by -$0.68 from its previous closing price. On the day, 0.61 million shares were traded.
Ratios:
Our goal is to gain a better understanding of NX by taking a closer look at its different ratios. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 13.61 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 22.65. For the most recent quarter (mrq), Quick Ratio is recorded 1.17 and its Current Ratio is at 2.39. In the meantime, Its Debt-to-Equity ratio is 0.91 whereas as Long-Term Debt/Eq ratio is at 0.86.
On April 02, 2020, The Benchmark Company started tracking the stock assigning a Buy rating and target price of $13.
Sidoti Upgraded its Neutral to Buy on March 10, 2020, while the target price for the stock was maintained at $19.
Insider Transactions:
The insider trade also gives investors a glimpse into the future direction of stock prices, which can be beneficial to investors. A recent insider transaction in this stock occurred on Dec 19 ’24 when Wilson George Laverne bought 4,328 shares for $23.03 per share. The transaction valued at 99,674 led to the insider holds 287,644 shares of the business.
Zuehlke Scott M. bought 435 shares of NX for $10,048 on Dec 19 ’24. The Senior VP, CFO & Treasurer now owns 74,297 shares after completing the transaction at $23.10 per share. On Dec 02 ’24, another insider, Wilson George Laverne, who serves as the President & CEO of the company, sold 6,300 shares for $29.39 each. As a result, the insider received 185,141 and left with 233,167 shares of the company.
Valuation Measures:
As of this moment, Quanex’s Price-to-Earnings (P/E) ratio for their current fiscal year is 25.87, and their Forward P/E ratio for the next fiscal year is 5.57. For the stock, the TTM Price-to-Sale (P/S) ratio is 0.52 while its Price-to-Book (P/B) ratio in mrq is 0.78.
Stock Price History:
Over the past 52 weeks, NX has reached a high of $35.92, while it has fallen to a 52-week low of $15.30. The 50-Day Moving Average of the stock is -16.45%, while the 200-Day Moving Average is calculated to be -37.18%.
Shares Statistics:
A total of 47.23M shares are outstanding, with a floating share count of 46.76M. Insiders hold about 1.00% of the company’s shares, while institutions hold 101.29% stake in the company.
