On December 19, 2024, Scott Zuehlke, Senior Vice President, Chief Financial Officer, and Treasurer of Quanex Building Products Corp, purchased 435 shares of the company. Following this transaction, the insider now holds a total of 74,297 shares in the company. The transaction details can be found in the SEC Filing.
Quanex Building Products Corp (NX, Financial) is a leading manufacturer of components sold to Original Equipment Manufacturers (OEMs) in the building products industry. The company designs and produces energy-efficient window and door products, kitchen and bath cabinet components, and other building products.
The insider's recent purchase is part of a broader trend within the company. Over the past year, there have been two insider buys and four insider sells. This indicates a mixed sentiment among the company's insiders regarding the stock's future performance.
On the day of the purchase, shares of Quanex Building Products Corp were trading at $23.10, giving the stock a market cap of $1.093 billion. The company's price-earnings ratio stands at 20.65, which is higher than the industry median of 15.86 and also higher than the company's historical median price-earnings ratio.
The stock's GF Value is estimated at $26.00, resulting in a price-to-GF-Value ratio of 0.89. This suggests that the stock is modestly undervalued based on its GF Value.
The GF Value is an intrinsic value estimate developed by GuruFocus, calculated based on historical multiples such as the price-earnings ratio, price-sales ratio, price-book ratio, and price-to-free cash flow. It also considers a GuruFocus adjustment factor based on the company's past returns and growth, as well as future estimates of business performance from Morningstar analysts.
This article, generated by GuruFocus, is designed to provide general insights and is not tailored financial advice. Our commentary is rooted in historical data and analyst projections, utilizing an impartial methodology, and is not intended to serve as specific investment guidance. It does not formulate a recommendation to purchase or divest any stock and does not consider individual investment objectives or financial circumstances. Our objective is to deliver long-term, fundamental data-driven analysis. Be aware that our analysis might not incorporate the most recent, price-sensitive company announcements or qualitative information. GuruFocus holds no position in the stocks mentioned herein.
