Brokers Set Expectations for Quanex Building Products Co.’s Q1 2025 Earnings (NYSE:NX)

Quanex Building Products Co. (NYSE:NX) – Stock analysts at Sidoti Csr upped their Q1 2025 earnings estimates for shares of Quanex Building Products in a research report issued on Tuesday, April 23rd. Sidoti Csr analyst J. Romero now anticipates that the construction company will earn $0.39 per share for the quarter, up from their previous forecast of $0.21. The consensus estimate for Quanex Building Products’ current full-year earnings is $2.40 per share.

Quanex Building Products (NYSE:NX) last announced its earnings results on Thursday, March 7th. The construction company reported $0.18 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.12 by $0.06. Quanex Building Products had a net margin of 7.84% and a return on equity of 17.11%. The company had revenue of $239.16 million during the quarter, compared to analyst estimates of $232.90 million.

Separately, Benchmark reissued a “buy” rating and set a $38.00 price target on shares of Quanex Building Products in a report on Tuesday.

Quanex Building Products Trading Down 0.1 %

Shares of NX stock opened at $33.66 on Thursday. Quanex Building Products has a 1 year low of $18.71 and a 1 year high of $39.31. The firm has a fifty day moving average price of $35.68 and a 200-day moving average price of $32.17. The company has a market cap of $1.11 billion, a price-to-earnings ratio of 12.80, a PEG ratio of 1.03 and a beta of 1.35. The company has a debt-to-equity ratio of 0.11, a current ratio of 2.27 and a quick ratio of 1.31.

Quanex Building Products Dividend Announcement

The company also recently announced a quarterly dividend, which was paid on Friday, March 29th. Shareholders of record on Friday, March 15th were paid a dividend of $0.08 per share. This represents a $0.32 dividend on an annualized basis and a yield of 0.95%. The ex-dividend date of this dividend was Thursday, March 14th. Quanex Building Products’s payout ratio is 12.17%.

Insider Buying and Selling at Quanex Building Products

In related news, SVP Paul Cornett sold 3,064 shares of the company’s stock in a transaction on Thursday, March 21st. The shares were sold at an average price of $37.72, for a total value of $115,574.08. Following the completion of the transaction, the senior vice president now owns 43,902 shares of the company’s stock, valued at approximately $1,655,983.44. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this link. Insiders own 2.15% of the company’s stock.

Institutional Inflows and Outflows

A number of large investors have recently added to or reduced their stakes in the business. Pacer Advisors Inc. boosted its holdings in shares of Quanex Building Products by 46.6% during the 4th quarter. Pacer Advisors Inc. now owns 791,876 shares of the construction company’s stock valued at $24,208,000 after purchasing an additional 251,892 shares during the last quarter. American Century Companies Inc. boosted its stake in Quanex Building Products by 19.1% during the third quarter. American Century Companies Inc. now owns 462,937 shares of the construction company’s stock valued at $13,041,000 after buying an additional 74,297 shares during the last quarter. Russell Investments Group Ltd. grew its holdings in Quanex Building Products by 493.5% during the 4th quarter. Russell Investments Group Ltd. now owns 71,482 shares of the construction company’s stock valued at $2,185,000 after buying an additional 59,438 shares in the last quarter. Advisors Preferred LLC bought a new stake in Quanex Building Products in the 3rd quarter worth approximately $1,376,000. Finally, Vanguard Group Inc. increased its stake in Quanex Building Products by 0.8% in the 4th quarter. Vanguard Group Inc. now owns 3,714,516 shares of the construction company’s stock worth $113,553,000 after acquiring an additional 30,198 shares during the last quarter. 97.48% of the stock is owned by hedge funds and other institutional investors.

Quanex Building Products Company Profile

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.