
Quanex Building Products Corporation (NYSE:NX – Free Report) – Equities research analysts at Sidoti lifted their FY2026 earnings per share estimates for shares of Quanex Building Products in a report released on Friday, September 4th. Sidoti analyst J. Romero now anticipates that the construction company will earn $1.77 per share for the year, up from their prior forecast of $1.66. The consensus estimate for Quanex Building Products’ current full-year earnings is $1.77 per share.
Quanex Building Products (NYSE:NX – Get Free Report) last posted its earnings results on Thursday, September 3rd. The construction company reported $0.79 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.66 by $0.13. Quanex Building Products had a return on equity of 11.61% and a net margin of 2.43%.The company had revenue of $501.85 million for the quarter, compared to analysts’ expectations of $497.51 million. During the same period last year, the business posted ($6.04) earnings per share.
Check Out Our Latest Analysis on Quanex Building Products
Quanex Building Products Stock Down 1.2%
Quanex Building Products stock opened at $22.65 on Monday. The company has a 50-day simple moving average of $19.17 and a 200-day simple moving average of $18.75. The firm has a market capitalization of $1.04 billion, a P/E ratio of 22.88, a P/E/G ratio of 0.93 and a beta of 0.94. The company has a debt-to-equity ratio of 0.85, a quick ratio of 1.21 and a current ratio of 2.23. Quanex Building Products has a one year low of $11.04 and a one year high of $23.23.
Institutional Inflows and Outflows
Several institutional investors and hedge funds have recently made changes to their positions in the stock. Danske Bank A S bought a new stake in Quanex Building Products during the third quarter worth approximately $26,000. Hantz Financial Services Inc. increased its position in shares of Quanex Building Products by 199.9% during the 4th quarter. Hantz Financial Services Inc. now owns 2,123 shares of the construction company’s stock valued at $33,000 after purchasing an additional 1,415 shares during the period. Caitong International Asset Management Co. Ltd bought a new stake in shares of Quanex Building Products in the 4th quarter worth $35,000. Public Employees Retirement System of Ohio bought a new position in Quanex Building Products during the second quarter valued at about $36,000. Finally, Meeder Asset Management Inc. acquired a new position in Quanex Building Products during the fourth quarter worth about $42,000. 97.48% of the stock is currently owned by institutional investors.
Quanex Building Products Dividend Announcement
The business also recently declared a quarterly dividend, which will be paid on Wednesday, September 30th. Shareholders of record on Tuesday, September 15th 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 1.4%. The ex-dividend date is Tuesday, September 15th. Quanex Building Products’s payout ratio is 32.32%.
Quanex Building Products Company Profile
Quanex Building Products Corporation engages in the design, manufacture and distribution of components for the window, door and building products industries in North America. The company operates through two primary segments: Window Products and Door & Building Products. Its Window Products segment supplies vinyl window profiles and related accessories, while its Door & Building Products segment offers engineered door skins, panels, siding products, specialty moldings and other exterior building components.
Within its Window Products segment, Quanex produces extrusion profiles used by window fabricators to assemble vinyl casement, double-hung, slider and picture windows.
Recommended Stories
- Five stocks we like better than Quanex Building Products
- 3 Under-the-Radar Defense Stocks With Record Backlogs
- This Korea ETF Has Soared, But the Rally May Not Be Over
- Why Guidewire’s Post-Earnings Plunge May Not Last
- Ride-Share Reckoning: Tesla Drives Into Uber’s Lane
Receive News & Ratings for Quanex Building Products Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Quanex Building Products and related companies with MarketBeat.com's FREE daily email newsletter.
