Sidoti Csr Has Negative Outlook for NX Q1 Earnings

Quanex Building Products Co. (NYSE:NX) – Equities research analysts at Sidoti Csr reduced their Q1 2025 earnings per share (EPS) estimates for shares of Quanex Building Products in a report issued on Tuesday, December 17th. Sidoti Csr analyst J. Romero now anticipates that the construction company will post earnings of ($0.05) per share for the quarter, down from their previous estimate of $0.20. The consensus estimate for Quanex Building Products’ current full-year earnings is $2.26 per share. Sidoti Csr also issued estimates for Quanex Building Products’ Q3 2025 earnings at $0.81 EPS and Q4 2025 earnings at $1.00 EPS.

Quanex Building Products (NYSE:NX) last announced its earnings results on Thursday, December 12th. The construction company reported $0.61 earnings per share for the quarter, beating the consensus estimate of $0.53 by $0.08. Quanex Building Products had a return on equity of 14.06% and a net margin of 2.59%. During the same quarter in the prior year, the business posted $0.95 earnings per share.

A number of other equities research analysts also recently weighed in on NX. StockNews.com downgraded Quanex Building Products from a “buy” rating to a “hold” rating in a research report on Saturday, December 14th. Benchmark reissued a “buy” rating and set a $38.00 price objective on shares of Quanex Building Products in a report on Wednesday, September 11th.

Quanex Building Products Stock Up 8.5 %

NX opened at $25.10 on Friday. The business has a 50 day moving average of $29.43 and a 200-day moving average of $28.85. The stock has a market capitalization of $1.19 billion, a price-to-earnings ratio of 22.41, a P/E/G ratio of 0.89 and a beta of 1.24. The company has a current ratio of 2.36, a quick ratio of 1.58 and a debt-to-equity ratio of 0.09. Quanex Building Products has a 1-year low of $22.92 and a 1-year high of $39.31.

Quanex Building Products Dividend Announcement

The firm also recently declared a quarterly dividend, which will be paid on Tuesday, December 31st. Investors of record on Monday, December 16th will be given a $0.08 dividend. This represents a $0.32 annualized dividend and a yield of 1.27%. The ex-dividend date of this dividend is Monday, December 16th. Quanex Building Products’s dividend payout ratio (DPR) is presently 28.57%.

Insider Transactions at Quanex Building Products

In other Quanex Building Products news, CEO George Laverne Wilson bought 4,328 shares of Quanex Building Products stock in a transaction dated Thursday, December 19th. The shares were acquired at an average cost of $23.03 per share, with a total value of $99,673.84. Following the acquisition, the chief executive officer now directly owns 287,644 shares of the company’s stock, valued at $6,624,441.32. The trade was a 1.53 % increase in their ownership of the stock. The purchase was disclosed in a filing with the Securities & Exchange Commission, which is available through this link. 2.15% of the stock is currently owned by insiders.

Institutional Trading of Quanex Building Products

Several large investors have recently made changes to their positions in NX. Bank of New York Mellon Corp lifted its position in shares of Quanex Building Products by 0.9% during the second quarter. Bank of New York Mellon Corp now owns 349,870 shares of the construction company’s stock worth $9,674,000 after purchasing an additional 3,283 shares in the last quarter. Zurcher Kantonalbank Zurich Cantonalbank boosted its position in Quanex Building Products by 30.5% in the 2nd quarter. Zurcher Kantonalbank Zurich Cantonalbank now owns 10,146 shares of the construction company’s stock valued at $281,000 after buying an additional 2,374 shares during the last quarter. Innealta Capital LLC acquired a new stake in shares of Quanex Building Products in the 2nd quarter valued at $46,000. nVerses Capital LLC raised its position in shares of Quanex Building Products by 900.0% during the second quarter. nVerses Capital LLC now owns 2,000 shares of the construction company’s stock worth $55,000 after acquiring an additional 1,800 shares during the last quarter. Finally, TD Asset Management Inc lifted its stake in shares of Quanex Building Products by 3.4% during the second quarter. TD Asset Management Inc now owns 24,200 shares of the construction company’s stock valued at $669,000 after acquiring an additional 800 shares during the period. Institutional investors own 97.48% of the company’s stock.

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.