Market Highlights: Quanex Building Products Corp (NX) Ends on a Low Note at 25.27

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The price of Quanex Building Products Corp (NYSE: NX) closed at $25.27 in the last session, down -1.44% from day before closing price of $25.64. In other words, the price has decreased by -$1.44 from its previous closing price. On the day, 0.87 million shares were traded. NX stock price reached its highest trading level at $25.87 during the session, while it also had its lowest trading level at $25.0.

Ratios:

We take a closer look at NX’s different ratios to gain a better understanding of the stock. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 14.90 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 7.89. For the most recent quarter (mrq), Quick Ratio is recorded 1.37 and its Current Ratio is at 2.22. In the meantime, Its Debt-to-Equity ratio is 0.21 whereas as Long-Term Debt/Eq ratio is at 0.20.

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:

An investor can also benefit from insider trades by learning what management is thinking about the future direction of stock prices. A recent insider transaction in this stock occurred on Mar 21 ’24 when Cornett Paul sold 3,064 shares for $37.72 per share. The transaction valued at 115,566 led to the insider holds 43,902 shares of the business.

Cornett Paul sold 2,436 shares of NX for $91,480 on Mar 20 ’24. The SVP General Counsel, Secretary now owns 44,530 shares after completing the transaction at $37.55 per share. On Jan 04 ’24, another insider, STEVENS CURTIS M, who serves as the Director of the company, sold 4,880 shares for $30.46 each. As a result, the insider received 148,665 and left with 5,009 shares of the company.

Valuation Measures:

Investors should consider key stock statistics when deciding whether to invest or divest. In the wake of the recent closing price, NX now has a Market Capitalization of 1194060544 and an Enterprise Value of 907365312. As of this moment, Quanex’s Price-to-Earnings (P/E) ratio for their current fiscal year is 10.33, and their Forward P/E ratio for the next fiscal year is 9.48. The expected Price-to-Earnings-to-Growth (PEG) calculation for the next 5 years is 0.69. For the stock, the TTM Price-to-Sale (P/S) ratio is 0.76 while its Price-to-Book (P/B) ratio in mrq is 1.48. Its current Enterprise Value per Revenue stands at 0.825 whereas that against EBITDA is 6.311.

Stock Price History:

Over the past 52 weeks, NX has reached a high of $39.31, while it has fallen to a 52-week low of $25.62. The 50-Day Moving Average of the stock is -12.22%, while the 200-Day Moving Average is calculated to be -20.86%.

Shares Statistics:

According to the various share statistics, NX traded on average about 536.23K shares per day over the past 3-months and 554960 shares per day over the past 10 days. A total of 33.01M shares are outstanding, with a floating share count of 32.75M. Insiders hold about 1.10% of the company’s shares, while institutions hold 127.41% stake in the company. Shares short for NX as of 1723680000 were 3023793 with a Short Ratio of 5.64, compared to 1721001600 on 1783871. Therefore, it implies a Short% of Shares Outstanding of 3023793 and a Short% of Float of 8.83.

Dividends & Splits

The forward annual dividend rate for NX is 0.32, which was 0.32 in the trailing 12 months. Against a Trailing Annual Dividend Yield of 0.012480499The stock’s 5-year Average Dividend Yield is 1.48.

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