Let’s look at the key reasons that are pushing Quanex Building Products Corp (NX) to new highs

On Tuesday, Quanex Building Products Corp (NYSE: NX) opened higher 5.15% from the last session, before settling in for the closing price of $16.30. Price fluctuations for NX have ranged from $15.30 to $34.97 over the past 52 weeks.

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Over the past five-year period, the growth rate of yearbook sales for the company of the Industrials sector was 7.41%. Company’s average yearly earnings per share was noted 16.78% at the time writing. With a float of $46.76 million, this company’s outstanding shares have now reached $47.23 million.

Considering the fact that the conglomerate employs 7068 people, you should pay attention to its efficiency factor. In terms of profitability, gross margin is 22.57%, operating margin of 2.78%, and the pretax margin is 0.99%.

Quanex Building Products Corp (NX) Breakdown of a Key Holders of the stock

A key investor’s attitude towards the stock of the Building Products & Equipment industry is another important factor to consider. The insider ownership of Quanex Building Products Corp is 1.00%, while institutional ownership is 101.67%. The most recent insider transaction that took place on Dec 19 ’24, was worth 99,674. In this transaction President & CEO of this company bought 4,328 shares at a rate of $23.03, taking the stock ownership to the 287,644 shares. Before that another transaction happened on Dec 19 ’24, when Company’s Senior VP, CFO & Treasurer bought 435 for $23.10, making the entire transaction worth $10,048. This insider now owns 74,297 shares in total.

Quanex Building Products Corp (NX) Recent Fiscal highlights

Wall Street market experts anticipate that the next fiscal year will bring earnings of 0.88 per share during the current fiscal year.

According to the Wall Street analysts, stocks earnings will be around 16.78% per share during the next fiscal year.

Quanex Building Products Corp (NYSE: NX) Trading Performance Indicators

Check out the current performance indicators for Quanex Building Products Corp (NX). In the past quarter, the stock posted a quick ratio of 1.17. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 0.56. Likewise, its price to free cash flow for the trailing twelve months is 24.30.

For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is 0.62, a number that is poised to hit 0.47 in the next quarter and is forecasted to reach 2.87 in one year’s time.

Technical Analysis of Quanex Building Products Corp (NX)

Compared to the last year’s volume of 0.45 million, its volume of 0.37 million showed lagged in the last five days. As of the previous 9 days, the stock’s Stochastic %D was 20.48%. Additionally, its Average True Range was 0.77.

During the past 100 days, Quanex Building Products Corp’s (NX) raw stochastic average was set at 19.39%, which indicates a significant decrease from 36.33% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 44.28% in the past 14 days, which was lower than the 57.38% volatility it showed in the past 100 days.

At the time of writing, stock’s 50-day Moving Average is $17.54, while its 200-day Moving Average is $23.72. Nevertheless, the first resistance level for the watch stands at $17.46 in the near term. At $17.78, the stock is likely to face the second major resistance level. The third major resistance level sits at $18.32. If the price goes on to break the first support level at $16.59, it is likely to go to the next support level at $16.05. Now, if the price goes above the second support level, the third support stands at $15.73.

Quanex Building Products Corp (NYSE: NX) Key Stats

There are currently 47,209K shares outstanding in the company with a market cap of 809.53 million. Presently, the company’s annual sales total 1,278 M according to its annual income of 33,060 K. Last quarter, the company’s sales amounted to 400,040 K and its income totaled -14,890 K.

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