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In the latest session, Quanex Building Products Corp (NYSE: NX) closed at $28.44 up 0.57% from its previous closing price of $28.28. In other words, the price has increased by $0.57 from its previous closing price. On the day, 0.59 million shares were traded. NX stock price reached its highest trading level at $28.91 during the session, while it also had its lowest trading level at $28.19.
Ratios:
For a deeper understanding of Quanex Building Products Corp’s stock, let’s take a closer look at its various ratios. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 14.30 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 15.02. For the most recent quarter (mrq), Quick Ratio is recorded 1.58 and its Current Ratio is at 2.36. In the meantime, Its Debt-to-Equity ratio is 0.20 whereas as Long-Term Debt/Eq ratio is at 0.19.
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:
Additionally, insider trades can be beneficial to investors who want to learn what the management thinks about stock prices in the future. 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 1343849728 and an Enterprise Value of 1362778240. As of this moment, Quanex’s Price-to-Earnings (P/E) ratio for their current fiscal year is 12.64, and their Forward P/E ratio for the next fiscal year is 11.79. The expected Price-to-Earnings-to-Growth (PEG) calculation for the next 5 years is 0.84. For the stock, the TTM Price-to-Sale (P/S) ratio is 1.24 while its Price-to-Book (P/B) ratio in mrq is 1.59. Its current Enterprise Value per Revenue stands at 1.26 whereas that against EBITDA is 10.44.
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 $24.85. The 50-Day Moving Average of the stock is -1.04%, while the 200-Day Moving Average is calculated to be -10.43%.
Shares Statistics:
For the past three months, NX has traded an average of 636.06K shares per day and 851660 over the past ten days. A total of 47.25M shares are outstanding, with a floating share count of 46.73M. Insiders hold about 1.10% of the company’s shares, while institutions hold 88.31% stake in the company. Shares short for NX as of 1724976000 were 1783235 with a Short Ratio of 2.80, compared to 1722384000 on 2038978. Therefore, it implies a Short% of Shares Outstanding of 1783235 and a Short% of Float of 5.21.
Dividends & Splits
According to the company, the forward annual dividend rate for NX is 0.32, from 0.32 in the trailing year. Against a Trailing Annual Dividend Yield of 0.011315417The stock’s 5-year Average Dividend Yield is 1.48.
