What is Sidoti Csr's Forecast for NX FY2025 Earnings?

Key Points

• Sidoti Csr has downgraded its FY2025 earnings per share estimate for Quanex Building Products from $2.64 to $1.98, reflecting a pessimistic outlook for the company's performance.
• Despite missing their earnings expectations last quarter with $0.69 per share, Quanex reported revenues of $495.27 million, slightly above forecasts.
• A quarterly dividend of $0.08 was declared by Quanex, with an annualized dividend of $0.32 and a yield of 2.1%, set to be paid on September 30th.

Quanex Building Products Corporation (NYSE:NX - Free Report) - Research analysts at Sidoti Csr lowered their FY2025 earnings estimates for Quanex Building Products in a report released on Wednesday, September 10th. Sidoti Csr analyst J. Romero now forecasts that the construction company will earn $1.98 per share for the year, down from their prior estimate of $2.64. The consensus estimate for Quanex Building Products' current full-year earnings is $2.18 per share. Sidoti Csr also issued estimates for Quanex Building Products' Q4 2025 earnings at $0.50 EPS, Q2 2026 earnings at $0.40 EPS, Q4 2026 earnings at $0.81 EPS and FY2026 earnings at $2.16 EPS.

Separately, Zacks Research cut shares of Quanex Building Products from a "hold" rating to a "strong sell" rating in a research note on Thursday. One equities research analyst has rated the stock with a Sell rating, According to MarketBeat.com, the company presently has an average rating of "Sell".

Quanex Building Products Stock Up 4.2%

Shares of Quanex Building Products stock traded up $0.61 on Friday, reaching $15.01. 1,111,773 shares of the company were exchanged, compared to its average volume of 476,761. The company has a market cap of $688.70 million, a P/E ratio of -2.41, a price-to-earnings-growth ratio of 0.52 and a beta of 0.99. The company has a debt-to-equity ratio of 0.97, a current ratio of 2.20 and a quick ratio of 1.18. Quanex Building Products has a 1-year low of $14.39 and a 1-year high of $32.23. The stock's 50 day moving average price is $19.73 and its 200-day moving average price is $18.77.

Quanex Building Products (NYSE:NX - Get Free Report) last issued its earnings results on Thursday, September 4th. The construction company reported $0.69 EPS for the quarter, missing analysts' consensus estimates of $0.85 by ($0.16). Quanex Building Products had a negative net margin of 15.45% and a positive return on equity of 10.48%. The business had revenue of $495.27 million during the quarter, compared to analyst estimates of $491.65 million. During the same quarter last year, the company earned $0.73 earnings per share. Quanex Building Products has set its FY 2025 guidance at EPS.

Institutional Inflows and Outflows

Several institutional investors and hedge funds have recently made changes to their positions in NX. The Manufacturers Life Insurance Company grew its holdings in Quanex Building Products by 4.6% during the fourth quarter. The Manufacturers Life Insurance Company now owns 23,598 shares of the construction company's stock worth $572,000 after acquiring an additional 1,048 shares during the period. Northern Trust Corp grew its holdings in Quanex Building Products by 10.2% during the fourth quarter. Northern Trust Corp now owns 490,246 shares of the construction company's stock worth $11,884,000 after acquiring an additional 45,193 shares during the period. Deutsche Bank AG grew its holdings in Quanex Building Products by 54.4% during the fourth quarter. Deutsche Bank AG now owns 35,859 shares of the construction company's stock worth $869,000 after acquiring an additional 12,628 shares during the period. Lazard Asset Management LLC grew its holdings in Quanex Building Products by 3.5% during the fourth quarter. Lazard Asset Management LLC now owns 29,300 shares of the construction company's stock worth $710,000 after acquiring an additional 997 shares during the period. Finally, MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. grew its holdings in Quanex Building Products by 5.7% during the fourth quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 25,704 shares of the construction company's stock worth $623,000 after acquiring an additional 1,395 shares during the period. 97.48% of the stock is currently owned by institutional investors.

Insider Transactions at Quanex Building Products

In other news, Director Bradley E. Hughes acquired 6,500 shares of Quanex Building Products stock in a transaction that occurred on Thursday, September 11th. The shares were purchased at an average cost of $15.27 per share, for a total transaction of $99,255.00. Following the completion of the purchase, the director directly owned 6,500 shares of the company's stock, valued at $99,255. This trade represents a ∞ increase in their position. The transaction was disclosed in a legal filing with the SEC, which is accessible through the SEC website. 2.15% of the stock is owned by company insiders.

Quanex Building Products Dividend Announcement

The company also recently disclosed a quarterly dividend, which will be paid on Tuesday, September 30th. Investors of record on Tuesday, September 16th will be paid a dividend of $0.08 per share. The ex-dividend date is Tuesday, September 16th. This represents a $0.32 annualized dividend and a yield of 2.1%. Quanex Building Products's dividend payout ratio (DPR) is -5.14%.

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.