Sidoti Has Positive Outlook of NX FY2026 Earnings

Key Points

• Sidoti raised Quanex’s FY2026 EPS estimate to $1.77 from $1.66, matching the current analyst consensus.
• Quanex exceeded quarterly expectations, reporting EPS of $0.79 versus the $0.66 consensus and revenue of $501.85 million versus $497.51 million expected.
• Analyst sentiment remains mixed, with a consensus rating of Hold and an average price target of $28; the company also declared a quarterly dividend of $0.08 per share.

Quanex Building Products Corporation (NYSE:NX - Free Report) - Investment analysts at Sidoti boosted their FY2026 EPS estimates for shares of Quanex Building Products in a research note issued to investors on Friday, September 4th. Sidoti analyst J. Romero now expects that the construction company will earn $1.77 per share for the year, up from their previous estimate of $1.66. The consensus estimate for Quanex Building Products' current full-year earnings is $1.77 per share.

Quanex Building Products (NYSE:NX - Get Free Report) last issued its quarterly earnings results on Thursday, September 3rd. The construction company reported $0.79 earnings per share for the quarter, beating the consensus estimate of $0.66 by $0.13. Quanex Building Products had a net margin of 2.43% and a return on equity of 11.61%. The business had revenue of $501.85 million for the quarter, compared to the consensus estimate of $497.51 million. During the same quarter in the previous year, the firm earned ($6.04) earnings per share.

A number of other research analysts have also recently weighed in on NX. Benchmark restated a "buy" rating on shares of Quanex Building Products in a research note on Thursday, August 27th. Zacks Research upgraded Quanex Building Products from a "strong sell" rating to a "hold" rating in a research note on Friday, July 17th. Finally, Weiss Ratings reissued a "sell (d)" rating on shares of Quanex Building Products in a report on Friday, July 17th. One investment analyst has rated the stock with a Buy rating, one has assigned a Hold rating and one has given a Sell rating to the company. According to data from MarketBeat.com, the company presently has a consensus rating of "Hold" and an average price target of $28.00.

Quanex Building Products Stock Performance

Shares of NYSE NX opened at $22.65 on Monday. The firm has a fifty day moving average price of $19.08 and a 200-day moving average price of $18.75. The company has a debt-to-equity ratio of 0.85, a current ratio of 2.23 and a quick ratio of 1.21. The stock has a market cap of $1.04 billion, a PE ratio of 22.88, a price-to-earnings-growth ratio of 0.93 and a beta of 0.94. Quanex Building Products has a 1 year low of $11.04 and a 1 year high of $23.23.

Quanex Building Products Announces Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Wednesday, September 30th. Stockholders of record on Tuesday, September 15th will be given a dividend of $0.08 per share. The ex-dividend date is Tuesday, September 15th. This represents a $0.32 annualized dividend and a dividend yield of 1.4%. Quanex Building Products's dividend payout ratio (DPR) is presently 32.32%.

Hedge Funds Weigh In On Quanex Building Products

Institutional investors have recently bought and sold shares of the stock. BlackRock Inc. bought a new stake in shares of Quanex Building Products in the second quarter worth about $136,089,000. Ameriprise Financial Inc. raised its holdings in Quanex Building Products by 7.9% during the 2nd quarter. Ameriprise Financial Inc. now owns 2,275,870 shares of the construction company's stock valued at $43,013,000 after buying an additional 166,518 shares during the period. Systematic Financial Management LP increased its position in Quanex Building Products by 10.3% during the fourth quarter. Systematic Financial Management LP now owns 1,773,756 shares of the construction company's stock valued at $27,280,000 after acquiring an additional 165,424 shares during the last quarter. Dimensional Fund Advisors LP boosted its stake in shares of Quanex Building Products by 36.2% during the 1st quarter. Dimensional Fund Advisors LP now owns 1,741,613 shares of the construction company's stock worth $31,296,000 after purchasing an additional 462,992 shares during the period. Finally, Geode Capital Management LLC grew its holdings in Quanex Building Products by 0.5% during the 4th quarter. Geode Capital Management LLC now owns 1,099,557 shares of the construction company's stock valued at $16,914,000 after purchasing an additional 4,976 shares during the last quarter. 97.48% of the stock is owned by hedge funds and other institutional investors.

More Quanex Building Products News

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

• Positive Sentiment: Quarterly earnings and revenue beat estimates: Quanex reported adjusted diluted EPS of $0.79, above analyst expectations of approximately $0.66–$0.68, while revenue rose 1.3% year over year to $501.8 million, exceeding estimates near $497.5 million. Quanex Beats Q3 Earnings and Revenue Estimates
• Positive Sentiment: Margins improved materially: Consolidated gross margin expanded to 28.2% from 27.9%, while adjusted EBITDA increased to $72.7 million from $70.3 million. Operating income was $46.5 million, compared with a $270.8 million loss in the prior-year quarter, which included a substantial goodwill impairment charge. Management attributed the improvement primarily to better pricing, lower depreciation and amortization, and reduced interest expense. Quanex Third Quarter 2026 Results
• Positive Sentiment: Balance-sheet actions supported investor confidence: Quanex repaid $42.25 million of debt during the quarter, increased liquidity to $363.1 million and reduced total debt to $672.2 million. The company also repurchased nearly 100,000 shares for approximately $1.7 million and said it intends to continue prioritizing debt repayment and opportunistic buybacks. Quanex Reports Sales Growth, Margin Expansion and Debt Reduction
• Neutral Sentiment: Segment performance was mixed: Extruded Solutions revenue rose 2.8% and Custom Solutions revenue increased 8.5%, but Hardware Solutions revenue declined 2.7% because of lower volumes and tariff reimbursements. Management said volumes were tracking normal seasonal patterns and that consumer-demand improvement remains a future opportunity.
• Negative Sentiment: Longer-term profitability remains under pressure: For the first nine months, adjusted EBITDA fell to $144.3 million from $172.0 million, adjusted EPS declined to $1.03 from $1.47, and free cash flow decreased to $24.2 million from $35.6 million. Inflation, geopolitical risks and leverage of 2.8 times net debt to adjusted EBITDA remain risks for investors.

About Quanex Building Products

Quanex Building Products Corporation engages in the design, manufacture and distribution of components for the window, door and building products industries in North America. The company operates through two primary segments: Window Products and Door & Building Products. Its Window Products segment supplies vinyl window profiles and related accessories, while its Door & Building Products segment offers engineered door skins, panels, siding products, specialty moldings and other exterior building components.

Within its Window Products segment, Quanex produces extrusion profiles used by window fabricators to assemble vinyl casement, double-hung, slider and picture windows.

This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest reporting and unbiased coverage. Please send any questions or comments about this story to contact@marketbeat.com.

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