Quanex Building Products (NYSE:NX - Get Free Report) posted its earnings results on Monday. The construction company reported $0.19 earnings per share (EPS) for the quarter, topping the consensus estimate of ($0.06) by $0.25, Zacks reports. Quanex Building Products had a net margin of 2.59% and a return on equity of 11.79%. The firm had revenue of $400.04 million during the quarter, compared to analyst estimates of $382.02 million. Quanex Building Products updated its FY 2025 guidance to EPS.
Quanex Building Products Stock Performance
NX traded down $0.08 during trading on Wednesday, hitting $18.46. 246,508 shares of the company traded hands, compared to its average volume of 424,594. Quanex Building Products has a one year low of $18.14 and a one year high of $39.31. The stock's fifty day moving average is $21.77 and its 200 day moving average is $25.99. The company has a quick ratio of 1.23, a current ratio of 2.24 and a debt-to-equity ratio of 0.73. The firm has a market cap of $871.57 million, a P/E ratio of 16.48, a price-to-earnings-growth ratio of 0.68 and a beta of 1.33.
Quanex Building Products Announces Dividend
The firm also recently announced a quarterly dividend, which will be paid on Monday, March 31st. Stockholders of record on Monday, March 17th will be paid a dividend of $0.08 per share. This represents a $0.32 dividend on an annualized basis and a dividend yield of 1.73%. The ex-dividend date is Monday, March 17th. Quanex Building Products's payout ratio is 28.57%.
Insiders Place Their Bets
In other news, CEO George Laverne Wilson purchased 4,328 shares of the company's stock in a transaction dated Thursday, December 19th. The shares were purchased at an average price of $23.03 per share, with a total value of $99,673.84. Following the transaction, the chief executive officer now directly owns 287,644 shares of the company's stock, valued at approximately $6,624,441.32. This represents a 1.53 % increase in their ownership of the stock. The purchase was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through the SEC website. Insiders own 2.15% of the company's stock.
Wall Street Analyst Weigh In
Separately, StockNews.com lowered shares of Quanex Building Products from a "hold" rating to a "sell" rating in a research note on Sunday, December 22nd.
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About Quanex Building Products
(
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Quanex Building Products Corporation, together with its subsidiaries, provides components for the fenestration industry in the United States, rest of Europe, Canada, Asia, the United Kingdom, and internationally. The company operates through three segments: North American Fenestration, European Fenestration, and North American Cabinet Components.
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