+Compare
NX
Stock ticker: NYSE
AS OF
Loading...
Price
Loading...
Change
Loading...
Capitalization
944.73M

NX Quanex Building Products Corp Forecast, Technical & Fundamental Analysis

a manufacturer of components primarily for the window and door industry

Technical Analysis# Of IndicatorsAvg. Odds
   
   
Show details...
A.I.Advisor
a Summary for NX with price predictions
08:00 PM EDT Sep 19, 2023

NX's Indicator enters downward trend

The Aroon Indicator for NX entered a downward trend on August 31, 2023. Tickeron's A.I.dvisor identified a pattern where the AroonDown red line was above 70 while the AroonUp green line was below 30 for three straight days. This could indicate a strong downward move is ahead for the stock. Traders may want to consider selling the stock or buying put options. A.I.dvisor looked at 144 similar instances where the Aroon Indicator formed such a pattern. In of the 144 cases the stock moved lower. This puts the odds of a downward move at .

Price Prediction Chart

Technical Analysis (Indicators)

Bearish Trend Analysis

The 10-day RSI Indicator for NX moved out of overbought territory on September 05, 2023. This could be a bearish sign for the stock. Traders may want to consider selling the stock or buying put options. Tickeron's A.I.dvisor looked at 37 similar instances where the indicator moved out of overbought territory. In of the 37 cases, the stock moved lower in the following days. This puts the odds of a move lower at .

The Stochastic Oscillator may be shifting from an upward trend to a downward trend. In of 67 cases where NX's Stochastic Oscillator exited the overbought zone, the price fell further within the following month. The odds of a continued downward trend are .

The Momentum Indicator moved below the 0 level on September 20, 2023. You may want to consider selling the stock, shorting the stock, or exploring put options on NX as a result. In of 85 cases where the Momentum Indicator fell below 0, the stock fell further within the subsequent month. The odds of a continued downward trend are .

Following a 3-day decline, the stock is projected to fall further. Considering past instances where NX declined for three days, the price rose further in of 62 cases within the following month. The odds of a continued downward trend are .

NX broke above its upper Bollinger Band on September 01, 2023. This could be a sign that the stock is set to drop as the stock moves back below the upper band and toward the middle band. You may want to consider selling the stock or exploring put options.

Bullish Trend Analysis

The Moving Average Convergence Divergence (MACD) for NX just turned positive on August 31, 2023. Looking at past instances where NX's MACD turned positive, the stock continued to rise in of 51 cases over the following month. The odds of a continued upward trend are .

NX moved above its 50-day moving average on August 30, 2023 date and that indicates a change from a downward trend to an upward trend.

The 10-day moving average for NX crossed bullishly above the 50-day moving average on September 08, 2023. This indicates that the trend has shifted higher and could be considered a buy signal. In of 11 past instances when the 10-day crossed above the 50-day, the stock continued to move higher over the following month. The odds of a continued upward trend are .

Following a 3-day Advance, the price is estimated to grow further. Considering data from situations where NX advanced for three days, in of 309 cases, the price rose further within the following month. The odds of a continued upward trend are .

Fundamental Analysis (Ratings)

Fear & Greed

The Tickeron Profit vs. Risk Rating rating for this company is (best 1 - 100 worst), indicating low risk on high returns. The average Profit vs. Risk Rating rating for the industry is 71, placing this stock better than average.

The Tickeron PE Growth Rating for this company is (best 1 - 100 worst), pointing to outstanding earnings growth. The PE Growth rating is based on a comparative analysis of stock PE ratio increase over the last 12 months compared against S&P 500 index constituents.

The Tickeron Valuation Rating of (best 1 - 100 worst) indicates that the company is slightly undervalued in the industry. This rating compares market capitalization estimated by our proprietary formula with the current market capitalization. This rating is based on the following metrics, as compared to industry averages: P/B Ratio (1.761) is normal, around the industry mean (37.652). P/E Ratio (11.601) is within average values for comparable stocks, (24.185). Projected Growth (PEG Ratio) (0.000) is also within normal values, averaging (5.190). Dividend Yield (0.011) settles around the average of (0.025) among similar stocks. P/S Ratio (0.812) is also within normal values, averaging (1.621).

The Tickeron Price Growth Rating for this company is (best 1 - 100 worst), indicating steady price growth. NX’s price grows at a higher rate over the last 12 months as compared to S&P 500 index constituents.

The Tickeron SMR rating for this company is (best 1 - 100 worst), indicating strong sales and a profitable business model. SMR (Sales, Margin, Return on Equity) rating is based on comparative analysis of weighted Sales, Income Margin and Return on Equity values compared against S&P 500 index constituents. The weighted SMR value is a proprietary formula developed by Tickeron and represents an overall profitability measure for a stock.

A.I.Advisor
published Highlights

Notable companies

The most notable companies in this group are Johnson Controls International plc (NYSE:JCI), Owens Corning (NYSE:OC), Alpha Pro Tech Ltd (ASE:APT).

Industry description

The industry manufactures products used in the construction of residential and commercial buildings. The process involves using materials and other products, and processing them to create finished items such as doors, windows, light fittings, floor coverings, climate control products and other building components and home improvement products. Masco Corporation, Allegion PLC and Lennox International Inc. are major manufacturers of such products.

Market Cap

The average market capitalization across the Building Products Industry is 8.65B. The market cap for tickers in the group ranges from 14.02K to 59.66B. DKILY holds the highest valuation in this group at 59.66B. The lowest valued company is MTWD at 14.02K.

High and low price notable news

The average weekly price growth across all stocks in the Building Products Industry was -3%. For the same Industry, the average monthly price growth was -3%, and the average quarterly price growth was 5%. KGSPY experienced the highest price growth at 6%, while VIEW experienced the biggest fall at -19%.

Volume

The average weekly volume growth across all stocks in the Building Products Industry was -30%. For the same stocks of the Industry, the average monthly volume growth was -28% and the average quarterly volume growth was -26%

Fundamental Analysis Ratings

The average fundamental analysis ratings, where 1 is best and 100 is worst, are as follows

Valuation Rating: 51
P/E Growth Rating: 52
Price Growth Rating: 50
SMR Rating: 55
Profit Risk Rating: 71
Seasonality Score: -21 (-100 ... +100)
View a ticker or compare two or three
Technical Analysis# Of IndicatorsAvg. Odds
   
   
Show details...
A.I. Advisor
published Earnings

NX is expected to report earnings to fall 28.87% to 68 cents per share on December 14

Quanex Building Products Corp NX Stock Earnings Reports
Q4'23
Est.
$0.69
Q3'23
Beat
by $0.32
Q2'23
Beat
by $0.25
Q1'23
Missed
by $0.17
Q4'22
Beat
by $0.15
The last earnings report on August 31 showed earnings per share of 97 cents, beating the estimate of 64 cents. With 3.22K shares outstanding, the current market capitalization sits at 944.73M.
A.I.Advisor
published Dividends

NX is expected to pay dividends on September 29, 2023

Quanex Building Products Corp NX Stock Dividends
A dividend of $0.08 per share will be paid with a record date of September 29, 2023, and an ex-dividend date of September 14, 2023. The last dividend of $0.08 was paid on June 30. Read more...
A.I. Advisor
published General Information

General Information

a manufacturer of components primarily for the window and door industry

Industry BuildingProducts

Profile
Fundamentals
Details
Industry
Building Products
Address
1800 West Loop South
Phone
+1 713 961-4600
Employees
3875
Web
https://www.quanex.com
Interesting Tickers
1D
1W
1M
1Q
6M
1Y
5Y
1 Day
MFs / NAMEPrice $Chg $Chg %
JIREX10.670.03
+0.28%
JHancock Real Estate Securities 1
HLMIX24.45-0.08
-0.33%
Harding Loevner International Eq Instl
VCGEX5.55-0.03
-0.54%
VALIC Company I Emerg Economies
MEIFX12.44-0.07
-0.56%
Meridian Hedged Equity Legacy
USAAX30.59-0.45
-1.45%
Victory Growth

NX and

Correlation & Price change

A.I.dvisor indicates that over the last year, NX has been loosely correlated with BECN. These tickers have moved in lockstep 64% of the time. This A.I.-generated data suggests there is some statistical probability that if NX jumps, then BECN could also see price increases.

1D
1W
1M
1Q
6M
1Y
5Y
Ticker /
NAME
Correlation
To NX
1D Price
Change %
NX100%
-2.70%
BECN - NX
64%
Loosely correlated
-0.07%
BXC - NX
62%
Loosely correlated
-0.30%
IR - NX
62%
Loosely correlated
-1.83%
APOG - NX
60%
Loosely correlated
-1.94%
ROCK - NX
59%
Loosely correlated
-0.80%
More

Groups containing NX

Correlation & Price change

1D
1W
1M
1Q
6M
1Y
5Y
Ticker /
NAME
Correlation
To NX
1D Price
Change %
NX100%
-2.70%
windows
(undefined stocks)
77%
Closely correlated
-1.56%
doors
(undefined stocks)
73%
Closely correlated
-0.91%
building
(undefined stocks)
70%
Closely correlated
-1.48%
Building Products
(undefined stocks)
50%
Loosely correlated
-0.74%