Quanex Building Products Co. to Post Q1 2025 Earnings of $0.39 Per Share, Sidoti Csr Forecasts (NYSE:NX)

Quanex Building Products Co. (NYSE:NX) – Stock analysts at Sidoti Csr boosted their Q1 2025 earnings per share estimates for shares of Quanex Building Products in a report issued on Tuesday, April 23rd. Sidoti Csr analyst J. Romero now anticipates 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.

Quanex Building Products (NYSE:NX) last released its quarterly earnings results on Thursday, March 7th. The construction company reported $0.18 EPS for the quarter, topping the consensus estimate of $0.12 by $0.06. The company had revenue of $239.16 million for the quarter, compared to analyst estimates of $232.90 million. Quanex Building Products had a return on equity of 17.11% and a net margin of 7.84%.

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

Quanex Building Products Stock Performance

Shares of Quanex Building Products stock opened at $33.81 on Thursday. The firm’s fifty day simple moving average is $35.68 and its 200-day simple moving average is $32.21. Quanex Building Products has a 12 month low of $18.71 and a 12 month high of $39.31. The stock has a market capitalization of $1.12 billion, a price-to-earnings ratio of 12.86, a PEG ratio of 1.00 and a beta of 1.35. The company has a debt-to-equity ratio of 0.11, a current ratio of 2.27 and a quick ratio of 1.31.

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 paid a dividend of $0.08 per share. This represents a $0.32 annualized dividend and a yield of 0.95%. The ex-dividend date was Thursday, March 14th. Quanex Building Products’s dividend payout ratio is presently 12.17%.

Insiders Place Their Bets

In other news, SVP Paul Cornett sold 3,064 shares of the business’s stock in a transaction that occurred on Thursday, March 21st. The stock was sold at an average price of $37.72, for a total value of $115,574.08. Following the transaction, the senior vice president now owns 43,902 shares of the company’s stock, valued at $1,655,983.44. The transaction was disclosed in a filing with the SEC, which is available at the SEC website. 2.15% of the stock is owned by insiders.

Institutional Trading of Quanex Building Products

Several hedge funds and other institutional investors have recently made changes to their positions in the company. Pacer Advisors Inc. lifted its position in Quanex Building Products by 46.6% in the fourth quarter. Pacer Advisors Inc. now owns 791,876 shares of the construction company’s stock valued at $24,208,000 after purchasing an additional 251,892 shares during the period. American Century Companies Inc. boosted its stake in shares of Quanex Building Products by 19.1% in the third quarter. American Century Companies Inc. now owns 462,937 shares of the construction company’s stock valued at $13,041,000 after buying an additional 74,297 shares in the last quarter. Russell Investments Group Ltd. grew its holdings in Quanex Building Products by 493.5% during the fourth quarter. Russell Investments Group Ltd. now owns 71,482 shares of the construction company’s stock worth $2,185,000 after acquiring an additional 59,438 shares during the period. Advisors Preferred LLC purchased a new position in Quanex Building Products in the third quarter worth $1,376,000. Finally, Vanguard Group Inc. increased its holdings in shares of Quanex Building Products by 0.8% in the 4th quarter. Vanguard Group Inc. now owns 3,714,516 shares of the construction company’s stock valued at $113,553,000 after purchasing an additional 30,198 shares in the last quarter. Hedge funds and other institutional investors own 97.48% of the company’s stock.

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.