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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.