Quanex Building Products Co. (NYSE:NX - Free Report) - Equities research analysts at Sidoti Csr cut their Q1 2025 earnings per share estimates for Quanex Building Products in a research report issued to clients and investors on Tuesday, December 17th. Sidoti Csr analyst J. Romero now expects that the construction company will post earnings of ($0.05) per share for the quarter, down from their prior forecast of $0.20. The consensus estimate for Quanex Building Products' current full-year earnings is $2.26 per share. Sidoti Csr also issued estimates for Quanex Building Products' Q3 2025 earnings at $0.81 EPS and Q4 2025 earnings at $1.00 EPS.
A number of other equities research analysts also recently weighed in on NX. Benchmark restated a "buy" rating and set a $38.00 target price on shares of Quanex Building Products in a research report on Wednesday, September 11th. StockNews.com cut Quanex Building Products from a "buy" rating to a "hold" rating in a report on Saturday, December 14th.
Check Out Our Latest Research Report on Quanex Building Products
Quanex Building Products Trading Up 8.5 %
NX stock traded up $1.97 during trading on Friday, hitting $25.10. The company had a trading volume of 3,338,745 shares, compared to its average volume of 381,873. The stock has a market cap of $1.19 billion, a price-to-earnings ratio of 22.41, a PEG ratio of 0.89 and a beta of 1.24. The company has a quick ratio of 1.58, a current ratio of 2.36 and a debt-to-equity ratio of 0.09. The firm has a 50-day moving average price of $29.43 and a 200-day moving average price of $28.85. Quanex Building Products has a 12 month low of $22.92 and a 12 month high of $39.31.
Quanex Building Products (NYSE:NX - Get Free Report) last announced its earnings results on Thursday, December 12th. The construction company reported $0.61 earnings per share for the quarter, topping analysts' consensus estimates of $0.53 by $0.08. Quanex Building Products had a net margin of 2.59% and a return on equity of 14.06%. During the same period in the prior year, the firm earned $0.95 earnings per share.
Quanex Building Products Announces Dividend
The firm also recently announced a quarterly dividend, which will be paid on Tuesday, December 31st. Shareholders of record on Monday, December 16th will be issued a dividend of $0.08 per share. This represents a $0.32 dividend on an annualized basis and a yield of 1.27%. The ex-dividend date is Monday, December 16th. Quanex Building Products's dividend payout ratio is presently 28.57%.
Insider Buying and Selling at Quanex Building Products
In other news, CEO George Laverne Wilson purchased 4,328 shares of Quanex Building Products stock in a transaction dated Thursday, December 19th. The shares were bought at an average cost of $23.03 per share, with a total value of $99,673.84. Following the completion of the transaction, the chief executive officer now directly owns 287,644 shares in the company, valued at $6,624,441.32. This trade represents a 1.53 % increase in their position. The acquisition was disclosed in a document filed with the Securities & Exchange Commission, which is available at this hyperlink. Corporate insiders own 2.15% of the company's stock.
Institutional Inflows and Outflows
Institutional investors and hedge funds have recently added to or reduced their stakes in the business. GAMMA Investing LLC boosted its holdings in shares of Quanex Building Products by 65.4% in the third quarter. GAMMA Investing LLC now owns 994 shares of the construction company's stock valued at $28,000 after buying an additional 393 shares during the period. Quarry LP boosted its stake in Quanex Building Products by 150.8% in the 3rd quarter. Quarry LP now owns 1,126 shares of the construction company's stock worth $31,000 after purchasing an additional 677 shares during the period. Point72 Hong Kong Ltd bought a new position in Quanex Building Products during the 3rd quarter worth about $37,000. Public Employees Retirement System of Ohio raised its stake in shares of Quanex Building Products by 69.4% in the 3rd quarter. Public Employees Retirement System of Ohio now owns 1,477 shares of the construction company's stock valued at $41,000 after purchasing an additional 605 shares during the period. Finally, Innealta Capital LLC bought a new stake in shares of Quanex Building Products in the second quarter valued at about $46,000. 97.48% of the stock is owned by institutional investors and hedge funds.
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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