Quanex Building Products Corp [NYSE: NX] loss -2.29% on the last trading session, reaching $20.51 price per share at the time.
Quanex Building Products Corp represents 45.97 million in outstanding shares, while the company has a total market value of $942.91 million with the latest information. NX stock price has been found in the range of $20.3 to $21.3692.
If compared to the average trading volume of 456.33K shares, NX reached a trading volume of 320991 in the most recent trading day, which is why market watchdogs consider the stock to be active.
Here is what top equities market gurus are saying about Quanex Building Products Corp [NX]:
Based on careful and fact-backed analyses by Wall Street experts, the current consensus on the target price for NX shares is $33.75 per share. Analysis on target price and performance of stocks is usually carefully studied by market experts, and the current Wall Street consensus on NX stock is a recommendation set at 1.00. This rating represents a strong Buy recommendation, on the scale from 1 to 5, where 5 would mean strong sell, 4 represents Sell, 3 is Hold, and 2 indicates Buy.
CJS Securities have made an estimate for Quanex Building Products Corp shares, keeping their opinion on the stock as Market Outperform, with their previous recommendation back on September 04, 2020. While these analysts kept the previous recommendation, The Benchmark Company raised their target price to Buy. The new note on the price target was released on April 02, 2020, representing the official price target for Quanex Building Products Corp stock. Previously, the target price had yet another raise to $19, while Sidoti analysts kept a Buy rating on NX stock.
The Price to Book ratio for the last quarter was 0.94, with the Price to Cash per share for the same quarter was set at 1.41. Price to Free Cash Flow for NX in the course of the last twelve months was 44.04 with Quick ratio for the last quarter at 1.26.
Trading performance analysis for NX stock
Quanex Building Products Corp [NX] gain into the green zone at the end of the last week, gaining into a positive trend and gaining by 8.35. With this latest performance, NX shares gained by 19.66% in over the last four-week period, additionally sinking by -14.75% over the last 6 months – not to mention a drop of -15.39% in the past year of trading.
Quanex Building Products Corp [NX]: A deeper dive into fundamental analysis
Operating Margin for any stock indicates how profitable investing would be, and Quanex Building Products Corp [NX] shares currently have an operating margin of 4.25% and a Gross Margin at 20.27%. Quanex Building Products Corp’s Net Margin is presently recorded at 1.05%.
Return on Equity for this stock inclined to 1.08%, with Return on Assets sitting at 1.08%.
An analysis of Institutional ownership at Quanex Building Products Corp [NX]
There are presently around $105.34%, or 106.44% of NX stock, in the hands of institutional investors. The top three institutional holders of NX stocks are: BLACKROCK INC. with ownership of 5.27 million shares, which is approximately 16.0393%. VANGUARD GROUP INC, holding 3.7 million shares of the stock with an approximate value of $$102.41 million in NX stocks shares; and VANGUARD GROUP INC, currently with $$88.49 million in NX stock with ownership which is approximately 9.7347%.
