Sidoti Csr Analysts Lift Earnings Estimates for Quanex Building Products Co. (NYSE:NX)

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

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

Quanex Building Products Price Performance

Shares of NYSE NX opened at $33.66 on Thursday. The company has a debt-to-equity ratio of 0.11, a current ratio of 2.27 and a quick ratio of 1.31. The business has a 50-day moving average of $35.68 and a 200-day moving average of $32.17. The stock has a market capitalization of $1.11 billion, a price-to-earnings ratio of 12.80, a PEG ratio of 1.03 and a beta of 1.35. Quanex Building Products has a fifty-two week low of $18.71 and a fifty-two week high of $39.31.

Quanex Building Products (NYSE:NX) last posted its quarterly earnings data on Thursday, March 7th. The construction company reported $0.18 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates 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 for the quarter, compared to the consensus estimate of $232.90 million.

Quanex Building Products Dividend Announcement

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

Insider Activity

In other Quanex Building Products news, SVP Paul Cornett sold 3,064 shares of the firm’s stock in a transaction that occurred on Thursday, March 21st. The shares were sold at an average price of $37.72, for a total transaction of $115,574.08. Following the completion of the sale, the senior vice president now directly owns 43,902 shares in the company, valued at $1,655,983.44. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at this hyperlink. Insiders own 2.15% of the company’s stock.

Hedge Funds Weigh In On Quanex Building Products

Hedge funds have recently bought and sold shares of the business. Strs Ohio bought a new position in Quanex Building Products during the 3rd quarter worth $59,000. DekaBank Deutsche Girozentrale bought a new position in shares of Quanex Building Products in the third quarter worth $67,000. GAMMA Investing LLC increased its position in shares of Quanex Building Products by 157.1% in the first quarter. GAMMA Investing LLC now owns 1,784 shares of the construction company’s stock worth $69,000 after purchasing an additional 1,090 shares during the period. Quantbot Technologies LP acquired a new position in Quanex Building Products in the third quarter valued at about $83,000. Finally, Acadian Asset Management LLC bought a new stake in Quanex Building Products during the third quarter worth about $112,000. 97.48% of the stock is owned by 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.