Cornerstone Building Brands, Inc. (NYSE:CNR) went up by 12.13% from its latest closing price compared to the recent 1-year high of $9.79. The company’s stock price has collected 23.32% of gains in the last five trading sessions.
Is It Worth Investing in Cornerstone Building Brands, Inc. (NYSE :CNR) Right Now?
Cornerstone Building Brands, Inc. (NYSE:CNR) scored a price-to-earnings ratio above its average ratio, recording 3.31 x from its present earnings ratio. Plus, the 36-month beta value for CNR is at 2.21. Opinions of the stock are interesting as 2 analysts out of 4 who provided ratings for Cornerstone Building Brands, Inc. declared the stock was a “buy,” while 0 rated the stock as “overweight,” 2 rated it as “hold,” and 0 as “sell.”
The average price from analysts is $10.50, which is -$2.77 below the current price. CNR currently public float of 43.45M and currently shorts hold a 4.10% ratio of that float. Today, the average trading volume of CNR was 623.68K shares.
CNR’s Market Performance
CNR stocks went up by 23.32% for the week, with a monthly jump of 2.35% and a quarterly performance of 50.25%, while its annual performance rate touched 50.99%. The volatility ratio for the week stands at 6.34% while the volatility levels for the past 30 days are set at 5.13% for Cornerstone Building Brands, Inc.. The simple moving average for the period of the last 20 days is 13.47% for CNR stocks with a simple moving average of 38.00% for the last 200 days.
Analysts’ Opinion of CNR
Many brokerage firms have already submitted their reports for CNR stocks, with Sidoti repeating the rating for CNR by listing it as a “Buy.” The predicted price for CNR in the upcoming period, according to Sidoti is $17 based on the research report published on September 16th of the current year 2020.
DA Davidson, on the other hand, stated in their research note that they expect to see CNR reach a price target of $5.50. The rating they have provided for CNR stocks is “Neutral” according to the report published on March 13th, 2020.
CNR Trading at 31.09% from the 50-Day Moving Average
After a stumble in the market that brought CNR to its low price for the period of the last 52 weeks, the company was unable to rebound, for now settling with -6.54% of loss for the given period.
Volatility was left at 5.13%, however, over the last 30 days, the volatility rate increased by 6.34%, as shares surge +5.41% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading +75.96% upper at present.
During the last 5 trading sessions, CNR rose by +23.32%, which changed the moving average for the period of 200-days by +32.61% in comparison to the 20-day moving average, which settled at $8.09. In addition, Cornerstone Building Brands, Inc. saw 7.52% in overturn over a single year, with a tendency to cut further gains.
Reports are indicating that there were more than several insider trading activities at CNR starting from Buckley John L, who sold 50,000 shares at the price of $6.13 back on Jun 16. After this action, Buckley John L now owns 99,028 shares of Cornerstone Building Brands, Inc., valued at $306,500 using the latest closing price.
METCALF JAMES S, the Chairman and CEO of Cornerstone Building Brands, Inc., bought 100,000 shares at $4.42 during a trade that took place back on May 15, which means that METCALF JAMES S is holding 800,954 shares at $441,720 based on the most recent closing price.
Stock Fundamentals for CNR
Current profitability levels for the company are sitting at:
- +5.79 for the present operating margin
- +18.63 for the gross margin
The net margin for Cornerstone Building Brands, Inc. stands at -0.31. The total capital return value is set at 10.94, while invested capital returns managed to touch -0.61. Equity return is now at value -75.50, with -8.90 for asset returns.
Based on Cornerstone Building Brands, Inc. (CNR), the company’s capital structure generated 374.07 points at debt to equity in total, while total debt to capital is 78.91. Total debt to assets is 62.88, with long-term debt to equity ratio resting at 1.23. Finally, the long-term debt to capital ratio is 363.59.
When we switch over and look at the enterprise to sales, we see a ratio of 0.91, with the company’s debt to enterprise value settled at 0.78. The receivables turnover for the company is 12.63 and the total asset turnover is 1.47. The liquidity ratio also appears to be rather interesting for investors as it stands at 1.80.