Quanex Building Products (NYSE:NX) Raised to “Strong-Buy” at Wall Street Zen

Quanex Building Products (NYSE:NX) was upgraded by equities researchers at Wall Street Zen from a “hold” rating to a “strong-buy” rating in a note issued to investors on Saturday, Wall Street Zen reports.

A number of other equities research analysts have also recently issued reports on NX. Weiss Ratings raised shares of Quanex Building Products from a “sell (d)” rating to a “hold (c)” rating in a research note on Tuesday, September 8th. Benchmark reiterated a “buy” rating on shares of Quanex Building Products in a research report on Thursday, August 27th. Finally, Zacks Research raised shares of Quanex Building Products from a “strong sell” rating to a “hold” rating in a research note on Friday, July 17th. One analyst has rated the stock with a Buy rating and two have given a Hold rating to the stock. According to MarketBeat, Quanex Building Products has an average rating of “Hold” and an average target price of $28.00.

Quanex Building Products Stock Performance

NYSE:NX opened at $21.66 on Friday. The company has a market capitalization of $992.82 million, a price-to-earnings ratio of 21.88, a PEG ratio of 0.85 and a beta of 0.94. The business has a 50 day moving average of $19.49 and a 200 day moving average of $18.74. The company has a debt-to-equity ratio of 0.85, a current ratio of 2.23 and a quick ratio of 1.21. Quanex Building Products has a 1-year low of $11.04 and a 1-year high of $23.33.

Quanex Building Products (NYSE:NX) last issued its quarterly earnings results on Thursday, September 3rd. The construction company reported $0.79 EPS for the quarter, beating analysts’ consensus estimates of $0.66 by $0.13. The business had revenue of $501.85 million for the quarter, compared to analysts’ expectations of $497.51 million. Quanex Building Products had a net margin of 2.43% and a return on equity of 11.61%. During the same period last year, the business earned ($6.04) earnings per share. On average, sell-side analysts predict that Quanex Building Products will post 1.82 earnings per share for the current fiscal year.

Institutional Investors Weigh In On Quanex Building Products

Large investors have recently added to or reduced their stakes in the company. Integrated Wealth Concepts LLC bought a new position in shares of Quanex Building Products during the second quarter valued at about $26,000. Danske Bank A S bought a new stake in shares of Quanex Building Products in the third quarter worth about $26,000. Public Employees Retirement System of Ohio purchased a new position in Quanex Building Products during the 2nd quarter valued at about $36,000. Hantz Financial Services Inc. increased its holdings in 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. Finally, Caitong International Asset Management Co. Ltd bought a new position in Quanex Building Products during the 4th quarter valued at approximately $35,000. Institutional investors own 97.48% of the company’s stock.

Key Stories Impacting Quanex Building Products

Here are the key news stories impacting Quanex Building Products this week:

• Positive Sentiment: Sidoti raised its FY2026 EPS forecast to $1.82 from $1.77, above the current consensus estimate of $1.77. Its Q4 2026 estimate also increased to $0.79 from $0.74, suggesting improved expectations for near-term profitability. Quanex Building Products analyst estimates
• Positive Sentiment: The analyst lifted its Q3 2027 EPS forecast to $0.87 from $0.83 and expects FY2028 EPS of $2.34. The longer-term forecast implies earnings growth beyond the current fiscal year and may support the investment case. Quanex Building Products analyst estimates
• Neutral Sentiment: Sidoti initiated or reiterated estimates of $0.38 EPS for Q2 2027, a $0.12-per-share loss for Q1 2028, $0.44 EPS for Q2 2028 and $0.95 EPS for Q3 2028. These forecasts indicate seasonal volatility, including a projected loss in early 2028. Quanex Building Products analyst estimates
• Negative Sentiment: Sidoti reduced its FY2027 EPS forecast to $2.05 from $2.25, cut Q2 2027 EPS to $0.38 from $0.46 and lowered Q4 2027 EPS to $0.99 from $1.03. These downward revisions point to weaker expected earnings momentum during 2027. Quanex Building Products analyst estimates

Quanex Building Products Company Profile

Quanex Building Products Corporation (NYSE:NX) manufactures components and systems used in the fenestration and cabinet industries. Its products are incorporated into residential and commercial windows, doors, and related building products rather than typically sold directly to consumers.

The company’s product portfolio includes insulating glass components, window and door screens, vinyl profiles, hardware, sealing and weatherstripping products, and other engineered components used by window and door manufacturers.