The pursuit of market outperformance leads investors to the practice of hand-picking stocks. Skillful choices can be a catalyst for significant wealth enhancement.
3 Tiny Stocks Primed to Explode
The world's greatest investor — Warren Buffett — has a simple formula for making big money in the markets. He buys up valuable assets when they are very cheap. For stock market investors that means buying up cheap small cap stocks like these with huge upside potential.
We've set up an alert service to help smart investors take full advantage of the small cap stocks primed for big returns.
Click here for full details and to join for free
Sponsored
The closing price of Quanex Building Products Corp (NYSE: NX) was $26.95 for the day, down -1.89% from the previous closing price of $27.47. In other words, the price has decreased by -$1.89 from its previous closing price. On the day, 0.53 million shares were traded. NX stock price reached its highest trading level at $27.58 during the session, while it also had its lowest trading level at $26.77.
Ratios:
Our analysis of NX’s different ratios will help us gain a deeper understanding of the company. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 13.55 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 14.24. 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:
Also, insider trades can serve as a great indicator of what management thinks about the future direction of a stock’s price. 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 1273444096 and an Enterprise Value of 1292725504. As of this moment, Quanex’s Price-to-Earnings (P/E) ratio for their current fiscal year is 11.98, and their Forward P/E ratio for the next fiscal year is 11.17. The expected Price-to-Earnings-to-Growth (PEG) calculation for the next 5 years is 0.80. For the stock, the TTM Price-to-Sale (P/S) ratio is 1.18 while its Price-to-Book (P/B) ratio in mrq is 1.50. Its current Enterprise Value per Revenue stands at 1.196 whereas that against EBITDA is 9.904.
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 -6.36%, while the 200-Day Moving Average is calculated to be -14.91%.
Shares Statistics:
NX traded an average of 676.27K shares per day over the past three months and 757120 shares per day 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 88.34% stake in the company. Shares short for NX as of 1724976000 were 1783235 with a Short Ratio of 3.17, 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
With its trailing 12-month dividend rate of 0.32, NX has a forward annual dividend rate of 0.32. Against a Trailing Annual Dividend Yield of 0.011649072The stock’s 5-year Average Dividend Yield is 1.48.
