Sidoti Csr Equities Analysts Lower Earnings Estimates for NX

Quanex Building Products Corporation (NYSE:NXFree Report) – Stock analysts at Sidoti Csr decreased their Q2 2026 EPS estimates for shares of Quanex Building Products in a research report issued to clients and investors on Monday, December 15th. Sidoti Csr analyst J. Romero now expects that the construction company will post earnings of $0.38 per share for the quarter, down from their previous forecast of $0.40. 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’ Q3 2026 earnings at $0.84 EPS, Q4 2026 earnings at $0.92 EPS, FY2026 earnings at $2.10 EPS and Q2 2027 earnings at $0.49 EPS.

Quanex Building Products (NYSE:NXGet Free Report) last announced its quarterly earnings results on Thursday, December 11th. The construction company reported $0.83 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.50 by $0.33. Quanex Building Products had a positive return on equity of 12.46% and a negative net margin of 13.65%.The business had revenue of $489.85 million for the quarter, compared to the consensus estimate of $472.62 million. During the same period last year, the business posted $0.61 EPS.

A number of other research firms have also recently commented on NX. Zacks Research upgraded Quanex Building Products from a “strong sell” rating to a “hold” rating in a research note on Monday, November 10th. Weiss Ratings reiterated a “sell (d)” rating on shares of Quanex Building Products in a research note on Wednesday, October 8th. Finally, Benchmark dropped their target price on shares of Quanex Building Products from $30.00 to $28.00 and set a “buy” rating on the stock in a research report on Monday. One equities research analyst has rated the stock with a Buy rating, one has given a Hold rating and one has issued a Sell rating to the stock. Based on data from MarketBeat, the stock currently has an average rating of “Hold” and an average target price of $28.00.

Get Our Latest Stock Report on NX

Quanex Building Products Stock Performance

Shares of NX opened at $16.10 on Tuesday. The company has a current ratio of 2.04, a quick ratio of 1.14 and a debt-to-equity ratio of 0.92. The firm has a market cap of $738.80 million, a PE ratio of -2.93, a P/E/G ratio of 0.55 and a beta of 0.97. Quanex Building Products has a 12 month low of $11.04 and a 12 month high of $28.24. The stock has a fifty day moving average price of $13.75 and a 200-day moving average price of $16.85.

Institutional Trading of Quanex Building Products

Hedge funds have recently modified their holdings of the stock. Danske Bank A S purchased a new position in Quanex Building Products during the third quarter valued at approximately $26,000. CWM LLC lifted its stake in shares of Quanex Building Products by 104.5% in the 2nd quarter. CWM LLC now owns 1,468 shares of the construction company’s stock valued at $28,000 after purchasing an additional 750 shares during the period. Allworth Financial LP boosted its holdings in Quanex Building Products by 17,191.7% during the second quarter. Allworth Financial LP now owns 2,075 shares of the construction company’s stock worth $39,000 after buying an additional 2,063 shares in the last quarter. Quarry LP increased its holdings in Quanex Building Products by 132.0% in the third quarter. Quarry LP now owns 3,754 shares of the construction company’s stock valued at $53,000 after buying an additional 2,136 shares in the last quarter. Finally, Byrne Asset Management LLC acquired a new position in shares of Quanex Building Products in the third quarter worth about $72,000. Hedge funds and other institutional investors own 97.48% of the company’s stock.

Quanex Building Products Announces Dividend

The business also recently declared a quarterly dividend, which will be paid on Wednesday, December 31st. Shareholders of record on Monday, December 15th will be given a dividend of $0.08 per share. This represents a $0.32 annualized dividend and a yield of 2.0%. The ex-dividend date of this dividend is Monday, December 15th. Quanex Building Products’s dividend payout ratio (DPR) is currently -5.83%.

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.

See Also

Earnings History and Estimates for Quanex Building Products (NYSE:NX)

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