Home Sectors Basic Materials Stock Watch: Quanex Building Products Corporation (NYSE: NX)

Stock Watch: Quanex Building Products Corporation (NYSE: NX)

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Quanex Building Products Corporation trades as part of the basic materials sector and trades as part of the building materials industry. 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 4.77% with an open at 17.08 and a close of 17.79. It reached an intraday high of 18.09 and a low of 17.03.

SeekingAlpha:  Quanex Building Products Corporation (NX) CEO Bill Griffiths on Q2 2019 Results – Earnings Call Transcript

Liquidity:

The stock has a market cap of $589.2m with 33.1m shares outstanding, of which the float is 31.9m shares. Trading volume reached 566,080 shares compared to its average volume of 151,282 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 7.03% and in the past 30 trading days it returned 6.97%. Over three months, it changed 15.25%. In one year it has changed -6.01% and within that year its 52-week high was 19.75 and its 52-week low was 10.70. NX stock is 66.26% above its 52 Week Low.

Our calculations show a 200 day moving average of 15.95 and a 50 day moving average of 16.47. Currently NX stock is trading 11.55% above its 200 day moving average.

SeekingAlpha:  Quanex Building Products +4% on mixed Q2 results; lowers FY19 revenue guidance

Earnings:

The last annual fiscal EPS for the company was reported at 0.76 that ended on 31st of October 2018, which according to the previous close, that is a PE of 23.41. Based on 1 analyst estimate, the estimated EPS for the next quarter is -0.11. The TTM EPS is 0.62, which comes to a TTM PE of 28.69.

Below was the last reported quarterly diluted earnings per share:

Apr19 (Reported on 06/04/2019): -0.73
Jan19 (Reported on 03/05/2019): -0.11
Oct18 (Reported on 12/10/2018): 0.19
Jul18 (Reported on 09/06/2018): 0.31
Apr18 (Reported on 06/04/2018): 0.12

The dividend per share is currently 0.32, which is a dividend yield of 1.80%. Also, the payout ratio is 51.61%, therefore the dividend is safe according to our calculations.

Base on our calculations, the intrinsic value per share is 23.86, which means it is possibly undervalued and has a margin of safety of 25.44%.

Indicators to Watch:

Short-interest was 1,471,253, which was 4.44% of shares outstanding. The short-interest ratio or days-to-cover ratio was 12.52. This stock has some short interest, but it may be normal and no cause for concern if long the position.

The current calculated beta is 1.15.

SeekingAlpha:  Quanex Building Products +4% on mixed Q2 results; lowers FY19 revenue guidance

Fundamental Indicators:

Based on last reported financials, the company’s return on equity is -2.76%, return on assets is -1.46%, profit margin is -1.15%, price-to-sales is 0.63 and price-to-book is 1.57.

Company Scores:

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

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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.