Is Quanex Building Stock a Good Investment?
Quanex Building Investment Advice | NX |
- Examine Quanex Building's financial health by looking at its balance sheet, income statement, and cash flow statement. Analyze key financial ratios, such as Price-to-Earnings (P/E), Price-to-Sales (P/S), and Price-to-Book (P/B), to determine whether the stock is fairly valued or over/undervalued.
- Research Quanex Building's leadership team and their track record. Good management can help Quanex Building navigate difficult times and make strategic decisions that benefit shareholders and increases its net worth.
- Consider the overall health of the Building Products space and any emerging trends that could impact Quanex Building's business and its evolving consumer preferences.
- Compare Quanex Building's performance and market position to its competitors. Analyze how Quanex Building is positioned in terms of product offerings, innovation, and market share.
- Check if Quanex Building pays a dividend and its dividend yield and payout ratio.
- Review what financial analysts are saying about Quanex Building's stock and their price targets. However, remember that analysts' opinions can vary, and their predictions may not always be accurate.
It's important to note that investing in Quanex Building Products stock, carries risks, and you should carefully consider your investment goals and risk tolerance before making any investment decisions. Also, remember that it's important for investors to have a long-term perspective and a well-diversified portfolio to manage the impact of stock market volatility on their investments. Below is a detailed guide on how to decide if Quanex Building Products is a good investment.
Sell | Buy |
Strong Sell
Market Performance | Weak | 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 | Alarmed | Details | |
Analyst Consensus | Strong Buy | Details | |
Financial Strenth (F Score) | Poor | Details | |
Financial Leverage | Not Rated | Details | |
Reporting Quality (M-Score) | Unlikely Manipulator | Details |
Examine Quanex Building Stock
Researching Quanex Building's stock involves analyzing various aspects of the company and its industry to make an informed investment decision. The key areas to focus on are fundamentals, business model and competitive advantage. It is also important to analyze trends in revenue, net income, and cash flow, as well as key financial ratios, such as price-to-earnings (P/E), price-to-sales (P/S), and debt-to-equity (D/E). About 98.0% of the company shares are owned by institutional investors. The book value of Quanex Building was now reported as 18.07. The company has Price/Earnings To Growth (PEG) ratio of 0.81. Quanex Building Products last dividend was issued on the 16th of September 2024. The entity had 3:2 split on the 3rd of April 2006.
To determine if Quanex Building is a good investment, evaluating the company's potential for future growth is also very important. This may include expanding into new markets, launching new products or services, or improving operational efficiency. Companies with strong growth prospects can be more attractive investments. This aspect of the research should be conducted in the context of the overall market and industry in which the company operates and should include an analysis of growth potential, competitive landscape, and any regulatory or economic factors that could impact the business. Some of the essential points regarding Quanex Building's research are outlined below:
| 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 jalopnik.com: JD Power Picks Bizarre Cars For Best Resale Value Awards |
Quanex Building Quarterly Good Will |
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Quanex Building uses earnings reports to provide investors with an update of all three financial statements, including the income statement, the balance sheet, and the cash flow statement. Therefore, it is also crucial when considering investing in Quanex Building Products. Every quarterly earnings report provides investors with an overview of sales, expenses, and net income for the most recent period. It also may provide a comparison to Quanex Building's previous reporting period. The quarterly earnings reports are usually disseminated to the public via Form 10-Q, which is a legal document filed with the Securities and Exchange Commission every quarter.
| 14th of March 2024 Upcoming Quarterly Report | View | |
| 6th of June 2024 Next Financial Report | View | |
| 31st of January 2024 Next Fiscal Quarter End | View | |
| 12th of December 2024 Next Fiscal Year End | View | |
| 31st of October 2023 Last Quarter Report | View | |
| 31st of October 2023 Last Financial Announcement | View |
Earnings surprises can significantly impact Quanex Building's stock price both in the short term and over time. Negative earnings surprises usually result in a price decline. However, it has been seen that positive earnings surprises lead to an immediate rise in a stock's price and a gradual increase over time. This is why we often hear news about some companies beating earning projections. Financial analysts spend a large amount of time predicting earnings per share (EPS) along with other important future indicators. Many analysts use forecasting models, management guidance, and additional fundamental information to derive an EPS estimate. Below are the table of largest EPS Surprises Quanex Building's investors have experienced.
| Reported | Fiscal Date | Estimated EPS | Reported EPS | Surprise | |||
|---|---|---|---|---|---|---|---|
2012-06-04 | 2012-04-30 | -0.07 | -0.06 | 0.01 | 14 | ||
2016-05-31 | 2016-04-30 | 0.08 | 0.1 | 0.02 | 25 | ||
2013-09-04 | 2013-07-31 | 0.11 | 0.13 | 0.02 | 18 | ||
2018-06-04 | 2018-04-30 | 0.11 | 0.14 | 0.03 | 27 | ||
2014-09-09 | 2014-07-31 | 0.2 | 0.23 | 0.03 | 15 | ||
2010-12-02 | 2010-10-31 | 0.22 | 0.25 | 0.03 | 13 | ||
2019-12-11 | 2019-10-31 | 0.38 | 0.42 | 0.04 | 10 | ||
2010-08-26 | 2010-07-31 | 0.25 | 0.29 | 0.04 | 16 |
Know Quanex Building's Top Institutional Investors
Have you ever been surprised when a price of an equity instrument such as Quanex Building is soaring high without any particular reason? This is usually happening because many institutional investors are aggressively trading Quanex Building Products backward and forwards among themselves. Quanex Building's institutional investor refers to the entity that pools money to purchase Quanex Building's securities or originate loans. Institutional investors include commercial and private banks, credit unions, insurance companies, pension funds, hedge funds, endowments, and mutual funds. Operating companies that invest excess capital in these types of assets may also be included in the term and may influence corporate governance by exercising voting rights in their investments.
| Shares | Geode Capital Management, Llc | 2024-06-30 | 754.9 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's market capitalization trends
The company currently falls under 'Mid-Cap' category with a market capitalization of 1.41 B.Market Cap |
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Quanex Building's profitablity analysis
| Last Reported | Projected for Next Year | ||
| Return On Tangible Assets | 0.13 | 0.14 | |
| Return On Capital Employed | 0.18 | 0.19 | |
| Return On Assets | 0.11 | 0.12 | |
| Return On Equity | 0.17 | 0.18 |
Determining Quanex Building's profitability involves analyzing its financial statements and using various financial metrics to determine if Quanex Building is a good buy. For example, gross profit margin measures Quanex Building's profitability after accounting for the cost of goods sold, while net profit margin measures profitability after accounting for all expenses. Other important metrics include return on assets, return on equity, and free cash flow. By reviewing multiple sources and metrics, you can gain a complete picture of Quanex Building's profitability and make more informed investment decisions.
Please note, the imprecision that can be found in Quanex Building's accounting process means that the reasonable investor should take a skeptical approach toward the financial statement analysis of Quanex Building Products. Check Quanex Building's Beneish M Score to see the likelihood of Quanex Building's management manipulating its earnings.
Evaluate Quanex Building's management efficiency
Quanex Building Products has Return on Asset (ROA) of 0.0627 % which means that for every $100 of assets, it generated a profit of $0.0627. This is way below average. Likewise, it shows a return on total equity (ROE) of 0.1328 %, which means that it produced $0.1328 on every 100 dollars invested by current stockholders. Quanex Building's management efficiency ratios could be used to measure how well Quanex Building manages its routine affairs as well as how well it operates its assets and liabilities. Return On Tangible Assets is likely to rise to 0.14 in 2024. Return On Capital Employed is likely to rise to 0.19 in 2024. At this time, Quanex Building's Other Current Assets are fairly stable compared to the past year. Intangible Assets is likely to rise to about 85.2 M in 2024, whereas Total Assets are likely to drop slightly above 795.7 M in 2024.| Last Reported | Projected for Next Year | ||
| Book Value Per Share | 14.96 | 9.55 | |
| Tangible Book Value Per Share | 10.11 | 7.74 | |
| Enterprise Value Over EBITDA | 5.71 | 5.14 | |
| Price Book Value Ratio | 1.45 | 0.81 | |
| Enterprise Value Multiple | 5.71 | 5.14 | |
| Price Fair Value | 1.45 | 0.81 | |
| Enterprise Value | 702.1 M | 737.2 M |
The management strategies employed by Quanex Building's are designed to enhance shareholder value and ensure long-term growth. We assess the effectiveness of these strategies in our stock analysis.
Dividend Yield 0.0107 | Forward Dividend Yield 0.0107 | Forward Dividend Rate 0.32 | Beta 1.264 |
Basic technical analysis of Quanex Stock
As of the 22nd of November, Quanex Building holds the Semi Deviation of 2.56, coefficient of variation of 2043.52, and Risk Adjusted Performance of 0.0448. Compared to fundamental indicators, the technical analysis model allows you to check existing technical drivers of Quanex Building, as well as the relationship between them.Quanex Building's insider trading activities
Some recent studies suggest that insider trading raises the cost of capital for securities issuers and decreases overall economic growth. Trading by specific Quanex Building insiders, such as employees or executives, is commonly permitted as long as it does not rely on Quanex Building's material information that is not in the public domain. Local jurisdictions usually require such trading to be reported in order to monitor insider transactions. In many U.S. states, trading conducted by corporate officers, key employees, directors, or significant shareholders must be reported to the regulator or publicly disclosed, usually within a few business days of the trade. In these cases Quanex Building insiders are required to file a Form 4 with the U.S. Securities and Exchange Commission (SEC) when buying or selling shares of their own companies.
Shah Manish H over a week ago Insider Trading | ||
Hughes Bradley E. over two weeks ago Acquisition by Hughes Bradley E. of 3530 shares of Quanex Building subject to Rule 16b-3 | ||
Hughes Bradley E. over two months ago Acquisition by Hughes Bradley E. of 823 shares of Quanex Building subject to Rule 16b-3 | ||
George Wilson over six months ago Acquisition by George Wilson of 29200 shares of Quanex Building subject to Rule 16b-3 | ||
George Wilson over six months ago Payment of 6210 shares by George Wilson of Quanex Building subject to Rule 16b-3 | ||
Scott Zuehlke over six months ago Payment of 336 shares by Scott Zuehlke of Quanex Building subject to Rule 16b-3 | ||
George Wilson over a year ago Payment of 2484 shares by George Wilson of Quanex Building subject to Rule 16b-3 |
Quanex Building's Outstanding Corporate Bonds
Quanex Building issues bonds to finance its operations. Corporate bonds make up one of the largest components of the U.S. bond market, which is considered the world's largest securities market. Quanex Building Products uses the proceeds from bond sales for a wide variety of purposes, including financing ongoing mergers and acquisitions, buying new equipment, investing in research and development, buying back their own stock, paying dividends to shareholders, and even refinancing existing debt. Most Quanex bonds can be classified according to their maturity, which is the date when Quanex Building Products has to pay back the principal to investors. Maturities can be short-term, medium-term, or long-term (more than ten years). Longer-term bonds usually offer higher interest rates but may entail additional risks.
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Understand Quanex Building's technical and predictive indicators
Using predictive indicators to make investment decisions involves analyzing Quanex Building's various financial and market-based factors to help forecast future trends and identify investment opportunities. Select the indicators that are most relevant to your investment strategy. Each indicator has its own strengths and weaknesses, so it's essential to combine multiple indicators to get a more comprehensive view of the market and reduce the risk of making poor decisions based on limited data.
| Risk Adjusted Performance | 0.0448 | |||
| Market Risk Adjusted Performance | 0.2246 | |||
| Mean Deviation | 1.98 | |||
| Semi Deviation | 2.56 | |||
| Downside Deviation | 2.67 | |||
| Coefficient Of Variation | 2043.52 | |||
| Standard Deviation | 3.6 | |||
| Variance | 12.95 | |||
| Information Ratio | 0.0224 | |||
| Jensen Alpha | 0.1 | |||
| Total Risk Alpha | (0.24) | |||
| Sortino Ratio | 0.0302 | |||
| Treynor Ratio | 0.2146 | |||
| Maximum Drawdown | 32.55 | |||
| Value At Risk | (2.75) | |||
| Potential Upside | 4.43 | |||
| Downside Variance | 7.15 | |||
| Semi Variance | 6.56 | |||
| Expected Short fall | (2.28) | |||
| Skewness | 2.95 | |||
| Kurtosis | 20.84 |
| Risk Adjusted Performance | 0.0448 | |||
| Market Risk Adjusted Performance | 0.2246 | |||
| Mean Deviation | 1.98 | |||
| Semi Deviation | 2.56 | |||
| Downside Deviation | 2.67 | |||
| Coefficient Of Variation | 2043.52 | |||
| Standard Deviation | 3.6 | |||
| Variance | 12.95 | |||
| Information Ratio | 0.0224 | |||
| Jensen Alpha | 0.1 | |||
| Total Risk Alpha | (0.24) | |||
| Sortino Ratio | 0.0302 | |||
| Treynor Ratio | 0.2146 | |||
| Maximum Drawdown | 32.55 | |||
| Value At Risk | (2.75) | |||
| Potential Upside | 4.43 | |||
| Downside Variance | 7.15 | |||
| Semi Variance | 6.56 | |||
| Expected Short fall | (2.28) | |||
| Skewness | 2.95 | |||
| Kurtosis | 20.84 |
Consider Quanex Building's intraday indicators
Quanex Building intraday indicators are useful technical analysis tools used by many experienced traders. Just like the conventional technical analysis, daily indicators help intraday investors to analyze the price movement with the timing of Quanex Building stock daily movement. By combining multiple daily indicators into a single trading strategy, you can limit your risk while still earning strong returns on your managed positions.
Quanex Building Corporate Filings
F4 | 4th of November 2024 The report filed by a party regarding the acquisition or disposition of a company's common stock, as well as derivative securities such as options, warrants, and convertible securities | ViewVerify |
13A | 31st of October 2024 An amended filing to the original Schedule 13G | ViewVerify |
8K | 16th of October 2024 An amendment to a previously filed Form 8-K | ViewVerify |
10Q | 6th of September 2024 Quarterly performance report mandated by Securities and Exchange Commission (SEC), to be filed by publicly traded corporations | ViewVerify |
Quanex Stock media impact
Far too much social signal, news, headlines, and media speculation about Quanex Building that are available to investors today. That information is available publicly through Quanex media outlets and privately through word of mouth or via Quanex internal channels. However, regardless of the origin, that massive amount of Quanex data is challenging to quantify into actionable patterns, especially for investors that are not very sophisticated with ever-evolving tools and techniques used in the investment management field.
A primary focus of Quanex Building news analysis is to determine if its current price reflects all relevant headlines and social signals impacting the current market conditions. A news analyst typically looks at the history of Quanex Building relative headlines and hype rather than examining external drivers such as technical or fundamental data. It is believed that price action tends to repeat itself due to investors' collective, patterned thinking related to Quanex Building's headlines and news coverage data. This data is often completely overlooked or insufficiently analyzed for actionable insights to drive Quanex Building alpha.
Quanex Building Sentiment by Major News Outlets
Investor sentiment, mood or attitude towards Quanex Building can have a significant impact on its stock price or the market as a whole. This sentiment can be positive or negative, and various factors, such as economic indicators, news events, or market trends, can influence it. When investor sentiment is positive, investors are more likely to buy stocks, increasing demand and increasing the stock price. Positive investor sentiment can be driven by good news about the company or the broader market, such as solid earnings reports or positive economic data.
Note that negative investor sentiment can cause investors to sell stocks, leading to a decrease in demand and a drop in the stock price. Negative sentiment can be driven by factors such as poor earnings reports, negative news about the company or industry, or broader economic concerns. It's important to note that investor sentiment is just one of many factors that can affect stock prices. Other factors, such as company performance, industry trends, and global economic conditions, can also play a significant role in determining the value of a stock.
Quanex Building Products Historical Investor Sentiment
Investor biases related to Quanex Building's public news can be used to forecast risks associated with an investment in Quanex. The trend in average sentiment can be used to explain how an investor holding Quanex can time the market purely based on public headlines and social activities around Quanex Building Products. Please note that most equities that are difficult to arbitrage are affected by market sentiment the most.
Quanex Building's market sentiment shows the aggregated news analyzed to detect positive and negative mentions from the text and comments. The data is normalized to provide daily scores for Quanex Building and other traded tickers. The bigger the bubble, the more accurate the estimated score. Higher bars for a given day show more participation in the average Quanex Building news discussions. The higher the estimate score, the more favorable the investor's outlook on Quanex Building.
Quanex Building Corporate Directors
| Robert Buck | Director and Member of Audit Committee | Profile | |
| Joseph Rupp | Lead Independent Director | Profile | |
| Donald Maier | Independent Director | Profile | |
| William Waltz | Independent Director | Profile |
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.