Sidoti Has Negative Forecast for NX Q4 Earnings

Quanex Building Products Corporation (NYSE:NX) – Equities researchers at Sidoti lowered their Q4 2026 earnings estimates for Quanex Building Products in a report issued on Monday, June 8th. Sidoti analyst J. Romero now forecasts 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 posted its quarterly earnings data on Thursday, June 4th. The construction company reported $0.25 EPS for the quarter, beating 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 business had revenue of $462.37 million for the quarter, compared to analyst estimates of $459.28 million.

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

Quanex Building Products Price Performance

NYSE NX opened at $16.02 on Tuesday. Quanex Building Products has a 12 month low of $11.04 and a 12 month high of $22.98. The company has a debt-to-equity ratio of 0.93, a current ratio of 2.28 and a quick ratio of 1.23. The firm has a market capitalization of $735.57 million, a PE ratio of -2.84, a P/E/G ratio of 0.68 and a beta of 0.91. The company’s 50 day simple moving average is $18.76 and its 200 day simple moving average is $17.85.

Institutional Inflows and Outflows

Hedge funds have recently added to or reduced their stakes in the business. Danske Bank A S acquired a new position in Quanex Building Products in the third quarter worth approximately $26,000. Hantz Financial Services Inc. grew its position in Quanex Building Products by 199.9% in the fourth 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 during the last quarter. Caitong International Asset Management Co. Ltd acquired a new position in Quanex Building Products in the fourth quarter worth approximately $35,000. Meeder Asset Management Inc. acquired a new position in Quanex Building Products in the 4th quarter worth approximately $42,000. Finally, Quarry LP boosted its stake 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 purchasing an additional 2,136 shares during the period. Institutional investors and hedge funds own 97.48% of the company’s stock.

Quanex Building Products Announces Dividend

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

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.