Sidoti Equities Analysts Lower Earnings Estimates for NX

Quanex Building Products Corporation (NYSE:NXFree Report) – Research analysts at Sidoti reduced their Q2 2026 earnings per share estimates for Quanex Building Products in a report released on Monday, May 18th. Sidoti analyst J. Romero now anticipates that the construction company will earn $0.22 per share for the quarter, down from their previous forecast of $0.38. The consensus estimate for Quanex Building Products’ current full-year earnings is $1.96 per share. Sidoti also issued estimates for Quanex Building Products’ FY2026 earnings at $1.63 EPS, Q1 2027 earnings at ($0.07) EPS and Q2 2027 earnings at $0.46 EPS.

NX has been the subject of several other reports. Weiss Ratings reaffirmed a “sell (d)” rating on shares of Quanex Building Products in a report on Tuesday, April 21st. Zacks Research lowered Quanex Building Products from a “hold” rating to a “strong sell” rating in a report on Monday, April 20th. Finally, Wall Street Zen lowered Quanex Building Products from a “buy” rating to a “hold” rating in a report on Saturday, March 14th. One research analyst has rated the stock with a Buy rating and two have issued a Sell rating to the stock. According to data from MarketBeat.com, the stock presently has an average rating of “Reduce” and a consensus target price of $28.00.

Check Out Our Latest Stock Report on NX

Quanex Building Products Trading Down 2.5%

Shares of NYSE NX opened at $16.44 on Wednesday. The stock’s 50 day moving average price is $18.63 and its two-hundred day moving average price is $17.40. 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 $755.14 million, a P/E ratio of -3.13, a PEG ratio of 0.61 and a beta of 0.95. The company has a quick ratio of 1.21, a current ratio of 2.31 and a debt-to-equity ratio of 0.93.

Quanex Building Products (NYSE:NXGet Free Report) last announced its quarterly earnings data on Thursday, March 5th. The construction company reported ($0.01) earnings per share (EPS) for the quarter, beating the consensus estimate of ($0.05) by $0.04. Quanex Building Products had a positive return on equity of 12.24% and a negative net margin of 13.00%.The firm had revenue of $409.09 million for the quarter, compared to analysts’ expectations of $405.75 million.

Quanex Building Products Dividend Announcement

The business also recently announced a quarterly dividend, which was paid on Tuesday, March 31st. Stockholders of record on Tuesday, March 17th were issued a dividend of $0.08 per share. The ex-dividend date of this dividend was Tuesday, March 17th. This represents a $0.32 annualized dividend and a dividend yield of 1.9%. Quanex Building Products’s dividend payout ratio is -6.08%.

Hedge Funds Weigh In On Quanex Building Products

Institutional investors have recently made changes to their positions in the stock. Danske Bank A S bought a new position in Quanex Building Products in the 3rd quarter worth approximately $26,000. Hantz Financial Services Inc. grew its holdings in Quanex Building Products by 199.9% in the 4th quarter. Hantz Financial Services Inc. now owns 2,123 shares of the construction company’s stock worth $33,000 after buying an additional 1,415 shares in the last quarter. Caitong International Asset Management Co. Ltd bought a new position in Quanex Building Products in the 4th quarter worth approximately $35,000. Meeder Asset Management Inc. bought a new position in Quanex Building Products in the 4th quarter worth approximately $42,000. Finally, Quarry LP grew its holdings in Quanex Building Products by 132.0% in the 3rd quarter. Quarry LP now owns 3,754 shares of the construction company’s stock worth $53,000 after buying an additional 2,136 shares in the last quarter. 97.48% of the stock is owned by institutional investors.

Quanex Building Products Company Profile

(Get Free Report)

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.

See Also

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

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