Quanex Building Products Corp (NYSE:NX) price on Friday, April 11, rose 0.11% above its previous day’s close as an upside momentum from buyers pushed the stock’s value to $17.45.
A look at the stock’s price movement, the close in the last trading session was $17.43, moving within a range at $16.65 and $17.525. The beta value (5-Year monthly) was 1.094 while the PE ratio in trailing twelve months stood at 28.25. Turning to its 52-week performance, $36.70 and $15.53 were the 52-week high and 52-week low respectively. Overall, NX moved -8.78% over the past month.
Quanex Building Products Corp’s market cap currently stands at around $824.16 million, with investors looking forward to this quarter’s earnings report slated for on 2025-Mar-09. The company has a Forward Dividend ratio of 0.32, with its dividend yield at 1.83%. As such, investors might be keen on an upside in the stock’s price ahead of the scheduled earnings report.
Analysts have a consensus estimate of 440.05M for the company’s revenue for the quarter, with a low and high estimate of 439M and 440.8M respectively. The average forecast suggests up to a 65.31% growth in sales growth compared to quarterly growth in the same period last fiscal year. Wall Street analysts have also projected the company’s year-on-year revenue to grow to 1.85B, representing a 44.61% jump on that reported in the last financial year.
Turning to the stock’s technical picture we see that short term indicators suggest on average that NX is a 100% Sell. On the other hand, the stock is on average a 100% Sell as suggested by medium term indicators while long term indicators are putting the stock in 100% Sell category.
1 analyst(s) have given their forecast ratings for the stock on a scale of 1.00-5.00 for a strong buy to strong sell recommendation. A total of 0 analyst(s) rate the stock as a Hold, 1 recommend NX as a Buy and 0 give it an Overweight rating. Meanwhile, 0 analyst(s) rate the stock as Underweight and 0 say it is a Sell. As such, the average rating for the stock is Buy which could provide an opportunity for investors keen on increasing their holdings of the company’s stock.
NX’s current price about -6.92% and -11.79% off the 20-day and 50-day simple moving averages respectively. The Relative Strength Index (RSI, 14) currently prints 42.37, while 7-day volatility ratio is 9.43% and 5.83% in the 30-day chart. Further, Quanex Building Products Corp (NX) has a beta value of 1.01, and an average true range (ATR) of 1.22.
If we refocus on Quanex Building Products Corp (NYSE:NX), historical trading data shows that trading volumes averaged 0.55 over the past 10 days and 516.88K over the past 3 months. The company’s latest data on shares outstanding shows there are 47.23 million shares.
The 1.00% of Quanex Building Products Corp’s shares are in the hands of company insiders while institutional holders own 102.50% of the company’s shares. Also important is the data on short interest which shows that short shares stood at 2.9 million on 2025-03-14, giving us a short ratio of 4.82. The data shows that as of 2025-03-14 short interest in Quanex Building Products Corp (NX) stood at 848.0 of shares outstanding, with shares short rising to 2.34 million registered in 2025-02-14. Current price change has pushed the stock -28.01% YTD, which shows the potential for further growth is there. It is this reason that could see investor optimism for the NX stock continues to rise going into the next quarter.
