Q1 2025 Earnings Estimate for Quanex Building Products Co. Issued By Sidoti Csr (NYSE:NX)

Quanex Building Products Co. (NYSE:NX) – Equities research analysts at Sidoti Csr raised their Q1 2025 earnings per share estimates for Quanex Building Products in a report released on Tuesday, April 23rd. Sidoti Csr analyst J. Romero now anticipates that the construction company will earn $0.39 per share for the quarter, up from their prior estimate of $0.21. The consensus estimate for Quanex Building Products’ current full-year earnings is $2.40 per share.

Separately, Benchmark reiterated a “buy” rating and set a $38.00 price target on shares of Quanex Building Products in a research note on Tuesday.

Quanex Building Products Trading Up 0.4 %

Shares of NYSE:NX opened at $33.81 on Thursday. Quanex Building Products has a 1 year low of $18.71 and a 1 year high of $39.31. The firm has a fifty day moving average price of $35.68 and a 200 day moving average price of $32.21. The company has a current ratio of 2.27, a quick ratio of 1.31 and a debt-to-equity ratio of 0.11. The stock has a market capitalization of $1.12 billion, a PE ratio of 12.86, a P/E/G ratio of 1.00 and a beta of 1.35.

Quanex Building Products (NYSE:NX) last posted its 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 during the quarter, compared to the consensus estimate of $232.90 million. Quanex Building Products had a net margin of 7.84% and a return on equity of 17.11%.

Quanex Building Products Announces Dividend

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

Insider Activity at Quanex Building Products

In other Quanex Building Products news, SVP Paul Cornett sold 3,064 shares of the company’s stock in a transaction dated 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 transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. 2.15% of the stock is currently owned by company insiders.

Institutional Inflows and Outflows

Large investors have recently modified their holdings of the business. SummerHaven Investment Management LLC raised its position in shares of Quanex Building Products by 1.3% during the fourth quarter. SummerHaven Investment Management LLC now owns 27,673 shares of the construction company’s stock valued at $846,000 after buying an additional 354 shares during the last quarter. Ritholtz Wealth Management raised its holdings in Quanex Building Products by 2.0% in the 4th quarter. Ritholtz Wealth Management now owns 18,946 shares of the construction company’s stock valued at $579,000 after acquiring an additional 373 shares in the last quarter. Mirae Asset Global Investments Co. Ltd. lifted its position in shares of Quanex Building Products by 4.4% in the 4th quarter. Mirae Asset Global Investments Co. Ltd. now owns 15,126 shares of the construction company’s stock worth $462,000 after acquiring an additional 641 shares during the period. Oliver Luxxe Assets LLC grew its holdings in shares of Quanex Building Products by 1.5% during the 1st quarter. Oliver Luxxe Assets LLC now owns 43,900 shares of the construction company’s stock worth $1,687,000 after purchasing an additional 660 shares in the last quarter. Finally, GAMMA Investing LLC increased its position in shares of Quanex Building Products by 157.1% during the first quarter. GAMMA Investing LLC now owns 1,784 shares of the construction company’s stock valued at $69,000 after purchasing an additional 1,090 shares during the period. 97.48% of the stock is currently owned by institutional investors and hedge funds.

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.