With 0.52 million shares changed hands, the volume of the stock remained heavier than its average volume of 0.51 million shares. The 52-week range on NX shows that it touched its highest point at $39.31 and its lowest point at $19.57 during that stretch. It currently has a 1-year price target of $36.50. With its current market cap of 960.71 million, NX has annualized dividend of $0.32 while the current yield stands at 1.57%. Beta for the stock currently stands at 1.33.
Price Performance and Earnings:
Stock performance is one of the indicators that investors use to determine whether they will profit from a stock. The price performance of NX was down-trending over the past week, with a drop of -11.87%, but this was down by -13.03% over a month. Three-month performance dropped to -31.92% while six-month performance fell -26.82%. The stock lost -38.13% in the past year, while it has lost -16.05% so far this year. A look at the trailing 12-month EPS for NX yields 1.12 with Next year EPS estimates of 2.83. For the next quarter, that number is -0.01. This implies an EPS growth rate of 10.96% for this year and 16.26% for next year.
Float and Shares Shorts:
At present, 47.25 million NX shares are outstanding with a float of 46.74 million shares on hand for trading.
Analysts Ratings:
Reading analyst opinions is an effective way to decide where to invest, and there are several opinions available for NX since 1 analysts follow the stock currently. There are 1 analysts who recommend BUY ratings, while 0 suggest SELL ratings. Of the remaining analysts, 0 believe that the stock is worth HOLDING, 0 give it an OVERWEIGHT rating, and 0 thinks that it’s UNDERWEIGHT. In the same way, a target price assigned to a stock can also reveal much about its potential.
EPS: Estimates vs Actual
It is also common to use earnings estimates to evaluate a firm’s growth potential and to determine trading strategy. Analysts have provided yearly estimates in a range of $2.13909 being high and $2.12127 being low. For NX, this leads to a yearly average estimate of $2.13. Based on analyst estimates, the high estimate for the next quarter is $0.66 and the low estimate is $0.47. The average estimate for the next quarter is thus $0.54.
