Quanex Building Products (NX) Expected to Announce Quarterly Earnings on Thursday

Quanex Building Products (NYSE:NX - Get Free Report) is projected to announce its Q2 2025 earnings results after the market closes on Thursday, June 5th. Analysts expect the company to announce earnings of $0.48 per share and revenue of $440.05 million for the quarter.

Quanex Building Products Price Performance

Shares of NX traded down $0.59 during mid-day trading on Friday, reaching $16.73. 334,689 shares of the company's stock were exchanged, compared to its average volume of 498,706. The company has a quick ratio of 1.23, a current ratio of 2.24 and a debt-to-equity ratio of 0.73. Quanex Building Products has a 52-week low of $15.30 and a 52-week high of $34.97. The company has a market cap of $789.81 million, a price-to-earnings ratio of 14.94, a PEG ratio of 0.68 and a beta of 1.01. The company has a 50-day simple moving average of $17.43 and a two-hundred day simple moving average of $21.60.

Quanex Building Products Dividend Announcement

The business also recently announced a quarterly dividend, which will be paid on Monday, June 30th. Shareholders of record on Monday, June 16th will be issued a dividend of $0.08 per share. This represents a $0.32 dividend on an annualized basis and a yield of 1.91%. Quanex Building Products's dividend payout ratio (DPR) is presently 52.46%.

Institutional Trading of Quanex Building Products

Several institutional investors and hedge funds have recently made changes to their positions in NX. Jane Street Group LLC raised its holdings in Quanex Building Products by 887.4% in the 1st quarter. Jane Street Group LLC now owns 84,957 shares of the construction company's stock valued at $1,579,000 after acquiring an additional 76,353 shares during the last quarter. Goldman Sachs Group Inc. boosted its holdings in shares of Quanex Building Products by 25.4% during the first quarter. Goldman Sachs Group Inc. now owns 246,666 shares of the construction company's stock worth $4,586,000 after purchasing an additional 49,895 shares during the last quarter. Royal Bank of Canada grew its position in shares of Quanex Building Products by 22.6% in the first quarter. Royal Bank of Canada now owns 25,578 shares of the construction company's stock valued at $476,000 after purchasing an additional 4,720 shares during the period. Finally, MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. grew its position in shares of Quanex Building Products by 9.1% in the first quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 28,051 shares of the construction company's stock valued at $521,000 after purchasing an additional 2,347 shares during the period. 97.48% of the stock is currently owned by hedge funds and other institutional investors.

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.