Sidoti Csr Issues Negative Outlook for NX Earnings

Quanex Building Products Co. (NYSE:NX - Free Report) - Equities researchers at Sidoti Csr lowered their Q2 2025 earnings estimates for Quanex Building Products in a report issued on Tuesday, December 17th. Sidoti Csr analyst J. Romero now forecasts that the construction company will post earnings per share of $0.50 for the quarter, down from their prior forecast of $0.54. 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' Q1 2026 earnings at $0.09 EPS, Q2 2026 earnings at $0.60 EPS, Q3 2026 earnings at $0.88 EPS and Q4 2026 earnings at $1.07 EPS.

A number of other brokerages also recently weighed in on NX. StockNews.com downgraded shares of Quanex Building Products from a "buy" rating to a "hold" rating in a report on Saturday, December 14th. Benchmark reissued a "buy" rating and set a $38.00 target price on shares of Quanex Building Products in a research note on Wednesday, September 11th.

Quanex Building Products Price Performance

NX stock traded down $1.35 during trading hours on Thursday, hitting $23.13. 984,633 shares of the stock traded hands, compared to its average volume of 369,796. The stock has a 50-day simple moving average of $29.43 and a 200 day simple moving average of $28.85. The company has a market cap of $1.09 billion, a P/E ratio of 20.65, a P/E/G ratio of 0.89 and a beta of 1.24. Quanex Building Products has a one year low of $22.92 and a one year high of $39.31. The company has a current ratio of 2.36, a quick ratio of 1.58 and a debt-to-equity ratio of 0.09.

Quanex Building Products (NYSE:NX - Get Free Report) last issued its quarterly earnings results on Thursday, December 12th. The construction company reported $0.61 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of $0.53 by $0.08. Quanex Building Products had a return on equity of 14.06% and a net margin of 2.59%. During the same quarter last year, the company posted $0.95 earnings per share.

Quanex Building Products Dividend Announcement

The business also recently announced a quarterly dividend, which will be paid on Tuesday, December 31st. Stockholders of record on Monday, December 16th will be given a dividend of $0.08 per share. This represents a $0.32 dividend on an annualized basis and a dividend yield of 1.38%. The ex-dividend date of this dividend is Monday, December 16th. Quanex Building Products's dividend payout ratio (DPR) is presently 28.57%.

Insider Activity

In other news, CEO George Laverne Wilson acquired 4,328 shares of the firm's stock in a transaction that occurred on Thursday, December 19th. The stock was purchased at an average price of $23.03 per share, with a total value of $99,673.84. Following the purchase, the chief executive officer now owns 287,644 shares of the company's stock, valued at approximately $6,624,441.32. This trade represents a 1.53 % increase in their position. The purchase was disclosed in a legal filing with the SEC, which is available at the SEC website. 2.15% of the stock is currently owned by company insiders.

Institutional Trading of Quanex Building Products

A number of hedge funds have recently modified their holdings of NX. Victory Capital Management Inc. lifted its position in shares of Quanex Building Products by 38.7% in the third quarter. Victory Capital Management Inc. now owns 115,210 shares of the construction company's stock worth $3,197,000 after purchasing an additional 32,158 shares in the last quarter. Susquehanna International Group Ltd. acquired a new position in Quanex Building Products in the 2nd quarter valued at approximately $611,000. Connor Clark & Lunn Investment Management Ltd. lifted its position in Quanex Building Products by 292.2% in the 3rd quarter. Connor Clark & Lunn Investment Management Ltd. now owns 82,469 shares of the construction company's stock worth $2,289,000 after buying an additional 61,444 shares in the last quarter. Loomis Sayles & Co. L P boosted its stake in shares of Quanex Building Products by 5.6% during the 3rd quarter. Loomis Sayles & Co. L P now owns 365,517 shares of the construction company's stock valued at $10,143,000 after buying an additional 19,361 shares during the period. Finally, Charles Schwab Investment Management Inc. grew its holdings in shares of Quanex Building Products by 26.3% during the 3rd quarter. Charles Schwab Investment Management Inc. now owns 669,270 shares of the construction company's stock valued at $18,572,000 after acquiring an additional 139,208 shares in the last quarter. Hedge funds and other institutional investors own 97.48% of the company's stock.

About Quanex Building Products

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.