Quanex Building Products Corpor with ticker code (NX) have now 4 market analysts covering the stock. The analyst consensus now points to a rating of ‘Buy’. The range between the high target price and low target price is between 32 and 22 suggesting an average Analsyt target price of $28.00. Now with the previous closing price of $20.32 this would imply there is now a potential upside of 37.8%. The day 50 moving average is $24.27 and the 200 day MA is $23.02. The total market capitalization for the company now stands at $689m. Company Website: https://www.quanex.com
The potential market cap would be $949m based on the market consensus.
Quanex Building Products Corporation, together with its subsidiaries, provides components for the fenestration industry in the United States, Europe, Canada, Asia, and internationally. The company operates through three segments: North American Fenestration, European Fenestration, and North American Cabinet Components. It offers flexible insulating glass spacers, extruded vinyl profiles, window and door screens, and precision-formed metal and wood products, as well as cabinet doors and other components for original equipment manufacturers (OEMs) in the kitchen and bathroom cabinet industry. In addition, the company provides various non-fenestration components and products, including solar panel sealants, trim moldings, vinyl decking, fencing, water retention barriers, and conservatory roof components. It sells its products to OEMs in the building products industry through sales representatives, direct sales force, distributors, and independent sales agents. Quanex Building Products Corporation was founded in 1927 and is based in Houston, Texas.
The company has a dividend yield of 1.54% with the ex dividend date set at 14-3-2023 (DMY).
Other points of data to note are a P/E ratio of 8.71, revenue per share of 36.86 and a 8.26% return on assets.
