Quanex Building Products Corporation (NX) Hit a 52 Week High, Can the Run Continue?

Quanex Building Products (NX) has reached a 52-week high of $23.23, gaining 49.1% year-to-date and outperforming its sector. The company has beaten earnings estimates for four consecutive quarters, with recent EPS of $0.79 versus consensus of $0.68. Trading at 13X current fiscal year EPS with a PEG ratio of 0.93, the stock appears undervalued and carries a Zacks Rank #2 (Buy) rating with a VGM Score of A, suggesting potential for continued gains.