The stock of Quanex Building Products Corp (NX) has seen a -6.39% decrease in the past week, with a -22.27% drop in the past month, and a -18.09% decrease in the past quarter. The volatility ratio for the week is 3.97%, and the volatility levels for the past 30 days are at 4.51% for NX. The simple moving average for the past 20 days is -10.42% for NX’s stock, with a -24.47% simple moving average for the past 200 days.
Is It Worth Investing in Quanex Building Products Corp (NYSE: NX) Right Now?
Quanex Building Products Corp (NYSE: NX) has a higher price-to-earnings ratio of 20.20x compared to its average ratio. NX has 36-month beta value of 1.31. Analysts have mixed views on the stock, with 1 analysts rating it as a “buy,” 0 as “overweight,” 0 as “hold,” and 0 as “sell.”
The public float for NX is 46.79M, and currently, short sellers hold a 3.86% ratio of that float. The average trading volume of NX on January 09, 2025 was 463.59K shares.
NX) stock’s latest price update
Quanex Building Products Corp (NYSE: NX) has seen a decline in its stock price by -1.77 in relation to its previous close of 23.10. However, the company has experienced a -6.39% decline in its stock price over the last five trading sessions. seekingalpha.com reported 2024-12-13 that Quanex Building Products Corporation (NYSE:NX ) Q4 2024 Earnings Call Transcript December 13, 2024 11:00 AM ET Company Participants Scott Zuehlke – SVP, CFO and Treasurer George Wilson – Chairman, President and CEO Conference Call Participants Steven Ramsey – Thompson Research Group Adam Thalhimer – Thompson Davis Reuben Garner – Benchmark Julio Romero – Sidoti & Company Operator Good day, and thank you for standing by. Welcome to the Fourth Quarter and Full Year 2024 Quanex Building Products Corporation Earnings Conference Call.
Analysts’ Opinion of NX
The Benchmark Company, on the other hand, stated in their research note that they expect to see NX reach a price target of $13. The rating they have provided for NX stocks is “Buy” according to the report published on April 02nd, 2020.
Sidoti gave a rating of “Buy” to NX, setting the target price at $19 in the report published on March 10th of the previous year.
NX Trading at -19.24% from the 50-Day Moving Average
After a stumble in the market that brought NX to its low price for the period of the last 52 weeks, the company was unable to rebound, for now settling with -42.27% of loss for the given period.
Volatility was left at 4.51%, however, over the last 30 days, the volatility rate increased by 3.97%, as shares sank -22.85% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading -22.67% lower at present.
During the last 5 trading sessions, NX fell by -6.39%, which changed the moving average for the period of 200-days by -40.07% in comparison to the 20-day moving average, which settled at $25.33. In addition, Quanex Building Products Corp saw -6.39% in overturn over a single year, with a tendency to cut further losses.
Insider Trading
Reports are indicating that there were more than several insider trading activities at NX starting from Wilson George Laverne, who purchase 4,328 shares at the price of $23.03 back on Dec 19 ’24. After this action, Wilson George Laverne now owns 287,644 shares of Quanex Building Products Corp, valued at $99,674 using the latest closing price.
Zuehlke Scott M., the Senior VP, CFO & Treasurer of Quanex Building Products Corp, purchase 435 shares at $23.10 during a trade that took place back on Dec 19 ’24, which means that Zuehlke Scott M. is holding 74,297 shares at $10,048 based on the most recent closing price.
Stock Fundamentals for NX
Current profitability levels for the company are sitting at:
- 0.04 for the present operating margin
- 0.21 for the gross margin
The net margin for Quanex Building Products Corp stands at 0.03. The total capital return value is set at 0.03. Equity return is now at value 4.25, with 2.09 for asset returns.
Based on Quanex Building Products Corp (NX), the company’s capital structure generated 0.46 points at debt to capital in total, while cash flow to debt ratio is standing at 0.1. The debt to equity ratio resting at 0.86. The interest coverage ratio of the stock is 2.66.
Currently, EBITDA for the company is 116.06 million with net debt to EBITDA at 6.33. When we switch over and look at the enterprise to sales, we see a ratio of 1.46. The receivables turnover for the company is 6.46for trailing twelve months and the total asset turnover is 0.55. The liquidity ratio also appears to be rather interesting for investors as it stands at 2.24.
Conclusion
To put it simply, Quanex Building Products Corp (NX) has had a bad performance in recent times. Analysts have a bullish opinion on the stock, with some rating it as a “buy” and others as a “hold”. It’s important to note that the stock is currently trading at a significant distance from its 50-day moving average and its 52-week high.
