Is Quanex Building Products Stock a good buy in 2023, according to Wall Street analysts?
The consensus among 1 Wall Street analyst covering (NYSE: NX) stock is to Strong Buy NX stock.
Out of 1 analyst, 1 (100%) are recommending NX as a Strong Buy, 0 (0%) are recommending NX as a Buy, 0 (0%) are recommending NX as a Hold, 0 (0%) are recommending NX as a Sell, and 0 (0%) are recommending NX as a Strong Sell.
What is NX's forecast return on equity (ROE) for 2023-2023?
(NYSE: NX) forecast ROE is 17.26%, which is considered weak.
What is NX's Price Target?
According to 1 Wall Street analyst that have issued a 1 year NX price target, the average NX price target is $28.00, with the highest NX stock price forecast at $28.00 and the lowest NX stock price forecast at $28.00.
The Wall Street analyst predicted that Quanex Building Products's share price could reach $28.00 by Mar 14, 2024. The average Quanex Building Products stock price prediction forecasts a potential upside of 32.76% from the current NX share price of $21.09.
What is NX's forecast return on assets (ROA) for 2023-2023?
(NYSE: NX) forecast ROA is 9.93%, which is lower than the forecast US Building Products & Equipment industry average of 11.55%.
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