Sidoti Csr Issues Pessimistic Estimate for NX Earnings

Quanex Building Products Co. (NYSE:NX) – Stock analysts at Sidoti Csr lowered their Q1 2025 earnings per share (EPS) estimates for shares of Quanex Building Products in a research note issued to investors on Wednesday, November 27th. Sidoti Csr analyst J. Romero now expects that the construction company will post earnings per share of $0.20 for the quarter, down from their prior estimate of $0.35. The consensus estimate for Quanex Building Products’ current full-year earnings is $2.10 per share. Sidoti Csr also issued estimates for Quanex Building Products’ Q2 2025 earnings at $0.54 EPS, Q3 2025 earnings at $0.72 EPS, Q4 2025 earnings at $0.80 EPS and FY2025 earnings at $2.26 EPS.

Quanex Building Products (NYSE:NX) last posted its quarterly earnings results on Thursday, September 5th. The construction company reported $0.73 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.70 by $0.03. The business had revenue of $280.35 million for the quarter, compared to analysts’ expectations of $278.00 million. Quanex Building Products had a return on equity of 14.68% and a net margin of 6.88%. During the same quarter last year, the business earned $0.97 earnings per share.

NX has been the topic of several other reports. Benchmark restated a “buy” rating and issued a $38.00 price target on shares of Quanex Building Products in a research report on Wednesday, September 11th. StockNews.com lowered Quanex Building Products from a “buy” rating to a “hold” rating in a research note on Thursday.

Quanex Building Products Price Performance

Shares of NX stock opened at $29.76 on Monday. The firm’s 50 day moving average price is $29.26 and its two-hundred day moving average price is $29.28. The stock has a market cap of $1.41 billion, a PE ratio of 13.23, a PEG ratio of 0.73 and a beta of 1.25. Quanex Building Products has a 52-week low of $24.85 and a 52-week high of $39.31. The company has a debt-to-equity ratio of 0.09, a quick ratio of 1.58 and a current ratio of 2.36.

Hedge Funds Weigh In On Quanex Building Products

A number of hedge funds and other institutional investors have recently made changes to their positions in the company. Victory Capital Management Inc. grew its position in shares of Quanex Building Products by 38.7% in the 3rd quarter. Victory Capital Management Inc. now owns 115,210 shares of the construction company’s stock valued at $3,197,000 after purchasing an additional 32,158 shares during the period. Susquehanna International Group Ltd. bought a new position in Quanex Building Products in the second quarter valued at approximately $611,000. Loomis Sayles & Co. L P boosted its holdings in shares of Quanex Building Products by 5.6% in the third quarter. Loomis Sayles & Co. L P now owns 365,517 shares of the construction company’s stock valued at $10,143,000 after buying an additional 19,361 shares during the period. Farther Finance Advisors LLC increased its position in shares of Quanex Building Products by 10,450.0% during the third quarter. Farther Finance Advisors LLC now owns 2,110 shares of the construction company’s stock worth $59,000 after acquiring an additional 2,090 shares in the last quarter. Finally, Principal Financial Group Inc. increased its position in shares of Quanex Building Products by 28.8% during the third quarter. Principal Financial Group Inc. now owns 222,522 shares of the construction company’s stock worth $6,175,000 after acquiring an additional 49,716 shares in the last quarter. 97.48% of the stock is owned by institutional investors.

About Quanex Building Products

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.