Sidoti Has Negative Forecast for NX Q4 Earnings

Quanex Building Products Corporation (NYSE:NX) – Analysts at Sidoti decreased their Q4 2026 EPS estimates for Quanex Building Products in a research note issued on Monday, June 8th. Sidoti analyst J. Romero now anticipates that the construction company will post earnings per share of $0.74 for the quarter, down from their prior forecast of $0.82. The consensus estimate for Quanex Building Products’ current full-year earnings is $1.63 per share.

Quanex Building Products (NYSE:NX) last issued its earnings results on Thursday, June 4th. The construction company reported $0.25 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.22 by $0.03. Quanex Building Products had a negative net margin of 13.85% and a positive return on equity of 11.11%. The firm had revenue of $462.37 million for the quarter, compared to analysts’ expectations of $459.28 million.

A number of other equities analysts have also recently issued reports on the stock. Zacks Research cut shares of Quanex Building Products from a “hold” rating to a “strong sell” rating in a report on Monday, April 20th. Weiss Ratings reaffirmed a “sell (d)” rating on shares of Quanex Building Products in a report on Tuesday, April 21st. Finally, Wall Street Zen cut Quanex Building Products from a “buy” rating to a “hold” rating in a report on Saturday, March 14th. One equities research analyst has rated the stock with a Buy rating and two have issued a Sell rating to the company’s stock. According to MarketBeat, the company currently has a consensus rating of “Reduce” and a consensus price target of $28.00.

Quanex Building Products Stock Performance

Shares of NYSE NX opened at $16.02 on Tuesday. The company has a quick ratio of 1.23, a current ratio of 2.28 and a debt-to-equity ratio of 0.93. The firm’s 50-day moving average price is $18.76 and its two-hundred day moving average price is $17.85. Quanex Building Products has a 52-week low of $11.04 and a 52-week high of $22.98. The stock has a market capitalization of $735.57 million, a P/E ratio of -2.84, a P/E/G ratio of 0.68 and a beta of 0.91.

Quanex Building Products Dividend Announcement

The firm also recently declared a quarterly dividend, which will be paid on Tuesday, June 30th. Stockholders of record on Monday, June 15th will be issued a dividend of $0.08 per share. This represents a $0.32 dividend on an annualized basis and a dividend yield of 2.0%. The ex-dividend date of this dividend is Monday, June 15th. Quanex Building Products’s payout ratio is -5.68%.

Institutional Investors Weigh In On Quanex Building Products

Hedge funds have recently made changes to their positions in the business. Danske Bank A S bought a new stake in shares of Quanex Building Products during the third quarter valued at approximately $26,000. Hantz Financial Services Inc. increased its stake in shares of Quanex Building Products by 199.9% during the fourth quarter. Hantz Financial Services Inc. now owns 2,123 shares of the construction company’s stock valued at $33,000 after acquiring an additional 1,415 shares during the period. Caitong International Asset Management Co. Ltd acquired a new position in shares of Quanex Building Products during the fourth quarter valued at approximately $35,000. Meeder Asset Management Inc. acquired a new position in shares of Quanex Building Products during the fourth quarter valued at approximately $42,000. Finally, Quarry LP increased its stake in shares of Quanex Building Products by 132.0% during the third quarter. Quarry LP now owns 3,754 shares of the construction company’s stock valued at $53,000 after acquiring an additional 2,136 shares during the period. Institutional investors own 97.48% of the company’s stock.

About Quanex Building Products

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.