Sidoti Csr Issues Pessimistic Estimate for NX Earnings

Quanex Building Products Corporation (NYSE:NX) – Equities research analysts at Sidoti Csr cut their FY2025 earnings per share estimates for shares of Quanex Building Products in a research note issued on Wednesday, September 10th. Sidoti Csr analyst J. Romero now forecasts that the construction company will post earnings per share of $1.98 for the year, down from their prior forecast of $2.64. The consensus estimate for Quanex Building Products’ current full-year earnings is $2.18 per share. Sidoti Csr also issued estimates for Quanex Building Products’ Q4 2025 earnings at $0.50 EPS, Q2 2026 earnings at $0.40 EPS, Q4 2026 earnings at $0.81 EPS and FY2026 earnings at $2.16 EPS.

Separately, Zacks Research upgraded Quanex Building Products to a “hold” rating in a research report on Monday, August 11th. One equities research analyst has rated the stock with a Hold rating, According to data from MarketBeat.com, the stock currently has a consensus rating of “Hold”.

Quanex Building Products Stock Down 4.7%

Quanex Building Products stock opened at $14.47 on Friday. The company has a debt-to-equity ratio of 0.97, a current ratio of 2.20 and a quick ratio of 1.18. The stock has a market capitalization of $663.93 million, a PE ratio of -2.33, a price-to-earnings-growth ratio of 0.55 and a beta of 0.99. The business has a 50 day simple moving average of $19.73 and a 200-day simple moving average of $18.79. Quanex Building Products has a 12 month low of $14.39 and a 12 month high of $32.23.

Quanex Building Products (NYSE:NX) last released its quarterly earnings results on Thursday, September 4th. The construction company reported $0.69 earnings per share for the quarter, missing analysts’ consensus estimates of $0.85 by ($0.16). The business had revenue of $495.27 million during the quarter, compared to analyst estimates of $491.65 million. Quanex Building Products had a positive return on equity of 10.48% and a negative net margin of 15.45%.During the same period in the previous year, the company posted $0.73 EPS. Quanex Building Products has set its FY 2025 guidance at EPS.

Institutional Investors Weigh In On Quanex Building Products

Several institutional investors and hedge funds have recently added to or reduced their stakes in the business. The Manufacturers Life Insurance Company raised its position in shares of Quanex Building Products by 4.6% in the fourth quarter. The Manufacturers Life Insurance Company now owns 23,598 shares of the construction company’s stock valued at $572,000 after buying an additional 1,048 shares during the last quarter. Northern Trust Corp grew its stake in Quanex Building Products by 10.2% during the 4th quarter. Northern Trust Corp now owns 490,246 shares of the construction company’s stock valued at $11,884,000 after acquiring an additional 45,193 shares in the last quarter. Deutsche Bank AG raised its holdings in Quanex Building Products by 54.4% in the 4th quarter. Deutsche Bank AG now owns 35,859 shares of the construction company’s stock valued at $869,000 after acquiring an additional 12,628 shares during the last quarter. Lazard Asset Management LLC raised its holdings in Quanex Building Products by 3.5% in the 4th quarter. Lazard Asset Management LLC now owns 29,300 shares of the construction company’s stock valued at $710,000 after acquiring an additional 997 shares during the last quarter. Finally, MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. lifted its stake in Quanex Building Products by 5.7% in the 4th quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 25,704 shares of the construction company’s stock worth $623,000 after purchasing an additional 1,395 shares in the last quarter. Institutional investors and hedge funds own 97.48% of the company’s stock.

Insider Activity at Quanex Building Products

In other news, Director Bradley E. Hughes purchased 6,500 shares of the company’s stock in a transaction that occurred on Thursday, September 11th. The stock was purchased at an average cost of $15.27 per share, for a total transaction of $99,255.00. Following the completion of the transaction, the director owned 6,500 shares of the company’s stock, valued at $99,255. This trade represents a ∞ increase in their ownership of the stock. The purchase was disclosed in a filing with the SEC, which is available through the SEC website. Insiders own 2.15% of the company’s stock.

Quanex Building Products Dividend Announcement

The company also recently declared a quarterly dividend, which will be paid on Tuesday, September 30th. Stockholders of record on Tuesday, September 16th will be paid a $0.08 dividend. The ex-dividend date of this dividend is Tuesday, September 16th. This represents a $0.32 dividend on an annualized basis and a dividend yield of 2.2%. Quanex Building Products’s payout ratio is currently -5.14%.

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.