Quanex Building Products Stock Buy Hold or Sell Recommendation
| NX Stock | USD 30.88 0.81 2.69% |
Allowing for the 90-day total investment horizon and your above-average risk tolerance, our recommendation regarding Quanex Building Products is 'Hold'. A buy or sell recommendation provided by Macroaxis is an automated directive regarding whether to purchase or sell Quanex Building Products given historical horizon and risk tolerance towards Quanex Building. When Macroaxis issues a 'buy' or 'sell' recommendation for Quanex Building Products, the advice is generated through an automated system that utilizes algorithms and statistical models.
Check out Quanex Building Analyst Recommendation to compare Macroaxis Buy or Sell Recommendation with the current analyst consensus. To check ratings for multiple equity instruments, please use the Instant Ratings tool. In addition, we conduct extensive research on individual companies such as Quanex and provide practical buy, sell, or hold advice based on investors' investing horizon and their risk tolerance towards Quanex Building Products. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in interest.
Quanex |
Execute Quanex Building Buy or Sell Advice
The Quanex recommendation should be used to complement the buy-or-sell advice compiled from the current analysts' consensus on Quanex Building Products. Macroaxis does not own or have any residual interests in Quanex Building Products or other equities on which the buy-or-sell advice is provided. Please provide your input below to execute Quanex Building's advice using the current market data and latest reported fundamentals.
Time Horizon
Risk Tolerance
 |  |
Hold
Market Performance | Insignificant | Details | |
Volatility | Not too volatile | Details | |
Hype Condition | Low key | Details | |
Current Valuation | Fairly Valued | Details | |
Odds Of Distress | Very Small | Details | |
Economic Sensitivity | Follows the market closely | Details | |
Investor Sentiment | Impartial | Details | |
Analyst Consensus | Strong Buy | Details | |
Financial Strenth (F Score) | Poor | Details | |
Financial Leverage | Not Rated | Details | |
Reporting Quality (M-Score) | Unlikely Manipulator | Details |
Quanex Building Trading Alerts and Improvement Suggestions
| Quanex Building had very high historical volatility over the last 90 days | |
| Quanex Building is unlikely to experience financial distress in the next 2 years | |
| Quanex Building has a poor financial position based on the latest SEC disclosures | |
| Over 98.0% of the company shares are owned by institutional investors | |
| On 30th of September 2024 Quanex Building paid $ 0.08 per share dividend to its current shareholders | |
| Latest headline from prnewswire.com: Los miembros masculinos y femeninos de NX Group ganan en concursos nacionales |
Quanex Building Returns Distribution Density
The distribution of Quanex Building's historical returns is an attempt to chart the uncertainty of Quanex Building's future price movements. The chart of the probability distribution of Quanex Building daily returns describes the distribution of returns around its average expected value. We use Quanex Building Products price's Value At Risk and its Upside Potential as a relative measure of the distribution. The graph of the distribution of Quanex Building returns is essential to provide solid investment advice for Quanex Building.
| Mean Return | 0.23 | Value At Risk | -2.75 | Potential Upside | 4.43 | Standard Deviation | 3.61 |
Return Density |
| Distribution |
Investment risk management requires an estimate of the probability of extreme price changes. Therefore, the correct representation of the distribution of Quanex Building historical returns presented in an easy-to-digest graphical form helps investors and money managers understand the risk-reward trade-off of different investement strategies.
Quanex Stock Institutional Investors
Have you ever been surprised when a price of an equity instrument, such as Quanex Building, soars without any apparent reason? This usually happens because many institutional investors are aggressively trading Quanex Building Products back and forth among themselves.
| Shares | American Century Companies Inc | 2024-09-30 | 881.4 K | Morgan Stanley - Brokerage Accounts | 2024-06-30 | 702.8 K | Charles Schwab Investment Management Inc | 2024-09-30 | 669.3 K | Amvescap Plc. | 2024-06-30 | 563.2 K | Artemis Investment Management Llp | 2024-09-30 | 552.9 K | Royce & Associates, Lp | 2024-09-30 | 528.5 K | Lsv Asset Management | 2024-09-30 | 485.5 K | Northern Trust Corp | 2024-09-30 | 445.1 K | Bank Of New York Mellon Corp | 2024-06-30 | 349.9 K | Blackrock Inc | 2024-06-30 | 5.3 M | Vanguard Group Inc | 2024-09-30 | 5.2 M |
Quanex Building Cash Flow Accounts
| 2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
| Change To Inventory | 6.1M | (31.4M) | (32.0M) | 30.0M | 34.5M | 36.3M | |
| Change In Cash | 20.8M | (11.6M) | 15.0M | 3.4M | 3.0M | 5.0M | |
| Free Cash Flow | 75.1M | 54.6M | 64.8M | 109.7M | 126.1M | 132.4M | |
| Depreciation | 47.2M | 42.7M | 40.1M | 42.9M | 49.3M | 56.5M | |
| Other Non Cash Items | 1.7M | 5.2M | 2.0M | 1.8M | 2.1M | 2.0M | |
| Dividends Paid | 10.5M | 10.8M | 10.6M | 10.6M | 9.6M | 7.4M | |
| Capital Expenditures | 25.7M | 24.0M | 33.1M | 37.4M | 33.7M | 29.4M | |
| Net Income | 38.5M | 57.0M | 88.3M | 82.5M | 74.3M | 78.0M | |
| End Period Cash Flow | 51.6M | 40.1M | 55.1M | 58.5M | 67.2M | 62.2M | |
| Change To Netincome | 2.4M | 8.9M | 6.4M | 9.5M | 10.9M | 9.5M | |
| Change Receivables | 574K | (5.8M) | (19.0M) | 6.9M | 6.3M | 6.6M | |
| Net Borrowings | (40.5M) | (65.7M) | (28.0M) | (567K) | (510.3K) | (535.8K) | |
| Investments | (25.2M) | (18.7M) | (33.0M) | (128.4M) | (147.7M) | (155.1M) |
Quanex Building Greeks
Most traded equities are subject to two types of risk - systematic (i.e., market) and unsystematic (i.e., nonmarket or company-specific) risk. Unsystematic risk is the risk that events specific to Quanex Building or Building Products sector will adversely affect the stock's price. This type of risk can be diversified away by owning several different stocks in different industries whose stock prices have shown a small correlation to each other. On the other hand, systematic risk is the risk that Quanex Building's price will be affected by overall stock market movements and cannot be diversified away. So, no matter how many positions you have, you cannot eliminate market risk. However, you can measure a Quanex stock's historical response to market movements and buy it if you are comfortable with its volatility direction. Beta and standard deviation are two commonly used measures to help you make the right decision.
α | Alpha over Dow Jones | 0.13 | |
β | Beta against Dow Jones | 0.81 | |
σ | Overall volatility | 3.62 | |
Ir | Information ratio | 0.03 |
Quanex Building Volatility Alert
Quanex Building Products currently demonstrates below-average downside deviation. It has Information Ratio of 0.03 and Jensen Alpha of 0.13. Understanding different market volatility trends often help investors to time the market. Properly using volatility indicators enable traders to measure Quanex Building's stock risk against market volatility during both bullish and bearish trends. The higher level of volatility that comes with bear markets can directly impact Quanex Building's stock price while adding stress to investors as they watch their shares' value plummet. This usually forces investors to rebalance their portfolios by buying different financial instruments as prices fall.Quanex Building Fundamentals Vs Peers
Comparing Quanex Building's fundamentals to the average values of its peers is one of the most widely used and accepted methods of equity analyses. It helps to analyze Quanex Building's direct or indirect competition across all of the common fundamentals between Quanex Building and the related equities. This way, we can detect undervalued stocks with similar characteristics as Quanex Building or determine the stocks which would be an excellent addition to an existing portfolio. Peer analysis of Quanex Building's fundamental indicators could also be used in its relative valuation, which is a method of valuing Quanex Building by comparing valuation metrics with those of similar companies.
| Better Than Average | Worse Than Average | Compare Quanex Building to competition |
| Fundamentals | Quanex Building | Peer Average |
| Return On Equity | 0.13 | -0.31 |
| Return On Asset | 0.0627 | -0.14 |
| Profit Margin | 0.07 % | (1.27) % |
| Operating Margin | 0.08 % | (5.51) % |
| Current Valuation | 1.48 B | 16.62 B |
| Shares Outstanding | 47.25 M | 571.82 M |
| Shares Owned By Insiders | 0.81 % | 10.09 % |
| Shares Owned By Institutions | 98.07 % | 39.21 % |
| Number Of Shares Shorted | 1.5 M | 4.71 M |
| Price To Earning | 16.87 X | 28.72 X |
| Price To Book | 2.46 X | 9.51 X |
| Price To Sales | 1.35 X | 11.42 X |
| Revenue | 1.13 B | 9.43 B |
| Gross Profit | 277.52 M | 27.38 B |
| EBITDA | 148.05 M | 3.9 B |
| Net Income | 82.5 M | 570.98 M |
| Cash And Equivalents | 55.09 M | 2.7 B |
| Cash Per Share | 1.52 X | 5.01 X |
| Total Debt | 116.39 M | 5.32 B |
| Debt To Equity | 0.23 % | 48.70 % |
| Current Ratio | 1.93 X | 2.16 X |
| Book Value Per Share | 18.07 X | 1.93 K |
| Cash Flow From Operations | 147.05 M | 971.22 M |
| Short Ratio | 3.62 X | 4.00 X |
| Earnings Per Share | 2.25 X | 3.12 X |
| Price To Earnings To Growth | 0.84 X | 4.89 X |
| Target Price | 38.33 | |
| Number Of Employees | 3.79 K | 18.84 K |
| Beta | 1.26 | -0.15 |
| Market Capitalization | 1.46 B | 19.03 B |
| Total Asset | 831.14 M | 29.47 B |
| Retained Earnings | 409.32 M | 9.33 B |
| Working Capital | 138.94 M | 1.48 B |
Note: Insider Trading [view details]
Quanex Building Market Momentum
Traders often use several daily momentume indicators to supplement a more traditional technical analysis when analyzing securities such as Quanex . With many different options, investors must choose the best indicators for them and familiarize themselves with how they work. We suggest combining traditional momentum indicators with more near-term forms of technical analysis such as Accumulation Distribution or Daily Balance Of Power. With their quantitative nature, daily value technical indicators can also be incorporated into your automated trading systems.
About Quanex Building Buy or Sell Advice
When is the right time to buy or sell Quanex Building Products? Buying financial instruments such as Quanex Stock isn't very hard. However, what challenging for most investors is doing it at the right time to beat the market. Proper market timing is something most people cannot do without sophisticated tools, which help to isolate the right opportunities. Macroaxis provides hands-on modules to deliver winning trades and diversify your portfolios on a daily basis. Most of our advising modules are very easy to use and apply.
Please read more on our stock advisor page.
Use Investing Ideas to Build Portfolios
In addition to having Quanex Building in your portfolios, you can quickly add positions using our predefined set of ideas and optimize them against your very unique investing style. A single investing idea is a collection of funds, stocks, ETFs, or cryptocurrencies that are programmatically selected from a pull of investment themes. After you determine your investment opportunity, you can then find an optimal portfolio that will maximize potential returns on the chosen idea or minimize its exposure to market volatility.Did You Try This Idea?
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Large corporations operating in retail, broadcasting, energy, airlines and telecom sectors. The Impulse theme has 49 constituents at this time.
You can either use a buy-and-hold strategy to lock in the entire theme or actively trade it to take advantage of the short-term price volatility of individual constituents. Macroaxis can help you discover thousands of investment opportunities in different asset classes. In addition, you can partner with us for reliable portfolio optimization as you plan to utilize Impulse Theme or any other thematic opportunities.
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Additional Tools for Quanex Stock Analysis
When running Quanex Building's price analysis, check to measure Quanex Building's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Quanex Building is operating at the current time. Most of Quanex Building's value examination focuses on studying past and present price action to predict the probability of Quanex Building's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Quanex Building's price. Additionally, you may evaluate how the addition of Quanex Building to your portfolios can decrease your overall portfolio volatility.