Home Sectors Basic Materials Recent Valuation: Quanex Building Products Corporation (NYSE: NX)

Recent Valuation: Quanex Building Products Corporation (NYSE: NX)

6
0
SHARE

Quanex Building Products Corporation is part of the building materials industry and is in the basic materials sector. The company CEO is William C. Griffiths. Quanex Building Products Corp manufactures engineered products such as window components that include flexible insulating glass spacers, extruded vinyl profiles, window and door screens, solar panel sealants and precision-formed metal and wood products.

Previous Intraday Trading Performance:

The NX stock showed a previous change of -0.89% with an open at 16.95 and a close of 16.70. It reached an intraday high of 17.00 and a low of 16.65.

SeekingAlpha:  Quanex Building Products: Fundamentals And Technicals Suggest More Upside

Liquidity:

The stock has a market cap of $585.5m with 35.1m shares outstanding, of which the float is 34.0m shares. Trading volume reached 162,295 shares compared to its average volume of 127,027 shares. Based on the current average volume and close price, the trading liquidity is bad, highly speculative and an investor may want to avoid this stock.

Historical Trading Performance:

Over the last five trading days, Quanex Building Products Corporation shares returned -0.89% and in the past 30 trading days it returned -6.44%. Over three months, it changed -5.98%. In one year it has changed -22.25% and within that year its 52-week high was 24.60 and its 52-week low was 16.25. NX stock is 2.77% above its 52 Week Low.

Our calculations show a 200 day moving average of 19.24 and a 50 day moving average of 17.95. Currently NX stock is trading -13.19% below its 200 day moving average and may not be a good opportunity to buy as it may continue to trend down.

SeekingAlpha:  Quanex Building Products: Fundamentals And Technicals Suggest More Upside

Earnings:

The last annual fiscal EPS for the company was reported at 0.53 that ended on 31st of October 2017, which according to the previous close, that is a PE of 31.51. Based on 2 analyst estimates, the consensus EPS for the next quarter is 0.14. The TTM EPS is 0.80, which comes to a TTM PE of 20.87.

The following are the last four quarter reported earnings per share:
04-30-2018:  0.14
01-31-2018:  -0.04
10-31-2017:  0.37
07-31-2017:  0.33

The dividend per share is currently 0.16, which is a dividend yield of 0.96%. Also, the payout ratio is 20.00%, therefore the dividend is safe according to our calculations.

Base on our calculations, the intrinsic value per share is 30.56, which means it is possibly undervalued and has a margin of safety of 45.35%

Indicators to Watch:

Based on the latest filings, there is 3.20% of insider ownership and 98.80% of institutional ownership. Short-interest is 2,070,769, which is 5.91% of shares outstanding. The short-interest ratio or days-to-cover ratio is 13.07. This stock has a moderate level of short interest, but may still be a buying opportunity depending on other indicators.

The current calculated beta is 0.72

SeekingAlpha:  Quality Systems (QSII) Q1 2019 Results - Earnings Call Transcript

Fundamental Indicators:

Based on last reported financials, the company's return on equity is 7.57%, return on assets is 3.88%, profit margin is 3.11%, price-to-sales is 0.93 and price-to-book is 1.41.

Company Scores:

All scores are out of six:
 4  :Valuation Score
 2  :Past Performance Score
 3  :Financial Strength Score
 1  :Future Growth Score
 3  :Dividend Score
 2  :Overall Score

SHARE
John Jones
Worked for several Wall Street firms: Salomon Smith Barney, UBS, and Charles Schwab. Has developed skills and gained extensive experience over the years that is used today to uncover winning penny stocks. Also was an attorney for small businesses in Scottsdale, Arizona. That experience and understanding of law provides a unique perspective and edge in discovering quality companies in various industries.

LEAVE A REPLY

Please enter your comment!
Please enter your name here