Should I buy or sell Quanex Building Products stock right now?

1 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for Quanex Building Products in the last twelve months. There are currently 1 buy rating for the stock. The consensus among Wall Street equities research analysts is that investors should "buy" NX shares. View NX analyst ratings or view top-rated stocks .

What is Quanex Building Products' stock price target for 2024?

1 analysts have issued twelve-month price objectives for Quanex Building Products' shares. Their NX share price targets range from $33.00 to $33.00. On average, they predict the company's share price to reach $33.00 in the next year. This suggests a possible upside of 2.6% from the stock's current price. View analysts price targets for NX or view top-rated stocks among Wall Street analysts .

How have NX shares performed in 2023?

Quanex Building Products' stock was trading at $23.68 at the beginning of the year. Since then, NX stock has increased by 35.8% and is now trading at $32.15. View the best growth stocks for 2023 here .

When is Quanex Building Products' next earnings date?

The company is scheduled to release its next quarterly earnings announcement on Thursday, December 14th 2023. View our NX earnings forecast .

How can I listen to Quanex Building Products' earnings call?

Quanex Building Products will be holding an earnings conference call on Friday, December 15th at 11:00 AM Eastern. Interested parties can register for or listen to the call using this link .

How were Quanex Building Products' earnings last quarter?

Quanex Building Products Co. (NYSE:NX) released its quarterly earnings data on Friday, June, 2nd. The construction company reported $0.66 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of $0.41 by $0.25. The construction company had revenue of $273.54 million for the quarter. Quanex Building Products had a trailing twelve-month return on equity of 17.28% and a net margin of 6.98%. During the same period in the previous year, the business earned $0.80 EPS.

How often does Quanex Building Products pay dividends? What is the dividend yield for Quanex Building Products?

Quanex Building Products declared a quarterly dividend on Thursday, August 24th. Investors of record on Friday, September 15th will be paid a dividend of $0.08 per share on Friday, September 29th. This represents a $0.32 annualized dividend and a dividend yield of 1.00%. The ex-dividend date is Thursday, September 14th. Read our dividend analysis for NX .

Is Quanex Building Products a good dividend stock?

Quanex Building Products (NYSE:NX) pays an annual dividend of $0.32 per share and currently has a dividend yield of 1.01%. The dividend payout ratio is 13.22%. This payout ratio is at a healthy, sustainable level, below 75%. Read our dividend analysis for NX .

What ETFs hold Quanex Building Products' stock?

ETFs with the largest weight of Quanex Building Products (NYSE:NX) stock in their portfolio include Euclidean Fundamental Value ETF (ECML) , RiverFront Dynamic US Dividend Advantage ETF (RFDA) , iShares US Small Cap Value Factor ETF (SVAL) and Barrons 400 ETF (BFOR) . iShares U.S. Home Construction ETF (ITB) .

What is Bill Griffiths' approval rating as Quanex Building Products' CEO?

24 employees have rated Quanex Building Products Chief Executive Officer Bill Griffiths on Glassdoor.com . Bill Griffiths has an approval rating of 65% among the company's employees.

What other stocks do shareholders of Quanex Building Products own?

Based on aggregate information from My MarketBeat watchlists, some companies that other Quanex Building Products investors own include Fastenal (FAST) , Santander Consumer USA (SC) , Veeva Systems (VEEV) , AbbVie (ABBV) , Advanced Micro Devices (AMD) , Cara Therapeutics (CARA) , Freeport-McMoRan (FCX) , Aurinia Pharmaceuticals (AUPH) and Broadcom (AVGO) .

Who are Quanex Building Products' major shareholders?

Quanex Building Products' stock is owned by many different institutional and retail investors. Top institutional shareholders include Allspring Global Investments Holdings LLC (12.19%), Ameriprise Financial Inc. (4.02%), LSV Asset Management (2.88%), Morgan Stanley (1.97%), Charles Schwab Investment Management Inc. (1.52%) and Loomis Sayles & Co. L P (1.44%). Insiders that own company stock include Curtis M Stevens, George Laverne Wilson , Jason Lippert , Meredith W Mendes , Paul Cornett, Scott M Zuehlke, Susan F Davis and William C Griffiths. View institutional ownership trends .

How do I buy shares of Quanex Building Products?

Shares of NX stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include WeBull , Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab. Compare Top Brokerages Here .

Does Quanex Building Products have any subsidiaries?

The following companies are subsidiares of Quanex Building Products: Alumco Inc., Brentwood Acquisition Corp., Edgetech (UK) LTD., Edgetech Europe GmbH, Flamstead Holdings Limited, HL Plastics, Liniar Ltd., Mikron Industries Inc., Mikron Washington LLC, Primewood Inc., Quanex Homeshield LLC, Quanex IG Systems, Quanex IG Systems Inc., Quanex North American Cabinet Components Inc., Quanex North American Fenestration Inc., Woodcraft Industries, and Woodcraft Industries Inc.. Read More

Quanex Building Products Stock Price, News & Analysis (NYSE:NX)

$32.15

+0.05 (+0.16%)

(As of 12/7/2023 ET)

Compare

Today's Range: $31.71
▼
$32.19
50-Day Range: $26.24
▼
$32.17
52-Week Range: $18.71
▼
$32.80

Volume: 95,199 shs
Average Volume: 146,937 shs
Market Capitalization: $1.06 billion

P/E Ratio: 13.29
Dividend Yield: 1.00%
Price Target: $33.00

Quanex Building Products MarketRank™ Stock Analysis

Analyst Rating: Buy
3.00 Rating Score
Upside/Downside: 2.6% Upside
$33.00 Price Target
Short Interest: Bearish
1.71% of Float Sold Short
Dividend Strength: Weak
Based on Four Factors
Sustainability: -2.24
Upright™ Environmental Score
News Sentiment: -0.17
Based on 7 Articles This Week
Insider Trading: Selling Shares
$1.66 M Sold Last Quarter
Proj. Earnings Growth: N/A

Overall MarketRank^™

MarketRank is calculated as an average of available category scores, with extra weight given to analysis and valuation.

1.71 out of 5 stars

Industrials Sector

96th out of 108 stocks

Building Products & Equipment Industry

8th out of 8 stocks

1.5

Analyst's Opinion

Consensus Rating
Quanex Building Products has received a consensus rating of Buy. The company's average rating score is 3.00, and is based on 1 buy rating, no hold ratings, and no sell ratings.
Price Target Upside/Downside
According to analysts' consensus price target of $33.00, Quanex Building Products has a forecasted upside of 2.6% from its current price of $32.15.
Amount of Analyst Coverage
Quanex Building Products has received no research coverage in the past 90 days.

2.0

Short Interest

Percentage of Shares Shorted
1.71% of the float of Quanex Building Products has been sold short.
Short Interest Ratio / Days to Cover
Quanex Building Products has a short interest ratio ("days to cover") of 4.4.
Change versus previous month
Short interest in Quanex Building Products has recently increased by 13.39%, indicating that investor sentiment is decreasing significantly.

1.7

Dividend Strength

Dividend Yield
Quanex Building Products pays a meaningful dividend of 1.01%, higher than the bottom 25% of all stocks that pay dividends.
Dividend Growth
Quanex Building Products does not have a long track record of dividend growth.
Dividend Coverage
The dividend payout ratio of Quanex Building Products is 13.22%. This payout ratio is at a healthy, sustainable level, below 75%.

1.8

Sustainability and ESG

Overall ESG (Environmental, Social, and Governance) Score
Quanex Building Products has received a -8.12% net impact score from Upright. The largest negative impact of Quanex Building Products in category "GHG emissions" seems to be driven mostly by its "Plastic window frames", "Polymers and polymer products for window frames", and "Polymers and polymer products for doors" products. See details.
Environmental Sustainability
The Environmental Impact score for Quanex Building Products is -2.24.

2.1

News and Social Media Coverage

News Sentiment
Quanex Building Products has a news sentiment score of -0.17. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This is a lower news sentiment than the 0.43 average news sentiment score of Industrials companies.
News Coverage This Week
MarketBeat has tracked 7 news articles for Quanex Building Products this week, compared to 2 articles on an average week.
Search Interest
1 people have searched for NX on MarketBeat in the last 30 days.
MarketBeat Follows
5 people have added Quanex Building Products to their MarketBeat watchlist in the last 30 days. This is an increase of 150% compared to the previous 30 days.

2.5

Company Ownership

Insider Buying vs. Insider Selling
In the past three months, Quanex Building Products insiders have sold more of their company's stock than they have bought. Specifically, they have bought $0.00 in company stock and sold $1,664,506.00 in company stock.
Percentage Held by Insiders
Only 2.60% of the stock of Quanex Building Products is held by insiders.
Percentage Held by Institutions
99.88% of the stock of Quanex Building Products is held by institutions. High institutional ownership can be a signal of strong market trust in this company.

1.3

Earnings and Valuation

Price to Earnings Ratio vs. the Market
The P/E ratio of Quanex Building Products is 13.29, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 117.64.
Price to Earnings Ratio vs. Sector
The P/E ratio of Quanex Building Products is 13.29, which means that it is trading at a less expensive P/E ratio than the Industrials sector average P/E ratio of about 355.52.
Price to Book Value per Share Ratio
Quanex Building Products has a P/B Ratio of 2.29. P/B Ratios below 3 indicates that a company is reasonably valued with respect to its assets and liabilities.

See Top Rated MarketRank™ Stocks Here

About Quanex Building Products Stock (NYSE:NX)

Quanex Building Products Corporation, together with its subsidiaries, provides components for the fenestration industry in the United States, Europe, Canada, Asia, and internationally. The company operates through three segments: North American Fenestration, European Fenestration, and North American Cabinet Components. It offers flexible insulating glass spacers, extruded vinyl profiles, window and door screens, and precision-formed metal and wood products, as well as cabinet doors and other components for original equipment manufacturers (OEMs) in the kitchen and bathroom cabinet industry. In addition, the company provides various non-fenestration components and products, including solar panel sealants, trim moldings, vinyl decking, fencing, water retention barriers, and conservatory roof components. It sells its products to OEMs in the building products industry through sales representatives, direct sales force, distributors, and independent sales agents. Quanex Building Products Corporation was founded in 1927 and is based in Houston, Texas.

NX Stock Price History

30 days | 90 days | 365 days | Advanced Chart

NX Stock News Headlines

December 7, 2023 | americanbankingnews.com

William C. Griffiths Sells 28,296 Shares of Quanex Building Products Co. (NYSE:NX) Stock

December 7, 2023 | americanbankingnews.com

William C. Griffiths Sells 24,108 Shares of Quanex Building Products Co. (NYSE:NX) Stock

December 7, 2023 | DTI Trader (Ad)

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December 7, 2023 | americanbankingnews.com

Quanex Building Products (NX) Scheduled to Post Quarterly Earnings on Thursday

December 6, 2023 | finance.yahoo.com

Insider Sell: Director William Griffiths Sells 52,404 Shares of Quanex Building Products Corp (NX)

December 3, 2023 | americanbankingnews.com

Quanex Building Products (NYSE:NX) Reaches New 52-Week High at $31.27

November 30, 2023 | finance.yahoo.com

Quanex Building Products Announces Fourth Quarter and Fiscal Year 2023 Earnings Release and Conference Call Schedule

November 23, 2023 | morningstar.com

Quanex Building Products Corp NX

December 7, 2023 | Edge On The Street (Ad)

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November 17, 2023 | finance.yahoo.com

Insider Sell Alert: Director William Griffiths Sells 30,892 Shares of Quanex Building Products ...

October 19, 2023 | msn.com

Quanex Building Products: A Solid Company With A Strong Upside Potential

October 11, 2023 | finance.yahoo.com

Investors in Quanex Building Products (NYSE:NX) have seen respectable returns of 84% over the past five years

September 27, 2023 | finance.yahoo.com

Why Quanex Building Products Corporation (NYSE:NX) Could Be Worth Watching

September 11, 2023 | finance.yahoo.com

Quanex Building Products (NYSE:NX) Will Pay A Dividend Of $0.08

September 8, 2023 | msn.com

Benchmark Reiterates Quanex Building Products (NX) Buy Recommendation

September 7, 2023 | markets.businessinsider.com

Quanex's Strategic Moves Pay Off: Analyst Raises Price Target Amid Operational Gains

September 4, 2023 | finance.yahoo.com

Quanex Building Products Corporation (NYSE:NX) Q3 2023 Earnings Call Transcript

September 2, 2023 | finance.yahoo.com

Q3 2023 Quanex Building Products Corp Earnings Call

September 1, 2023 | finanznachrichten.de

Quanex Building Products Corporation: Quanex Building Products Announces Third Quarter 2023 Results and Updates Full Year 2023 Guidance

August 31, 2023 | finance.yahoo.com

Quanex Building Products Announces Third Quarter 2023 Results and Updates Full Year 2023 Guidance

August 17, 2023 | finance.yahoo.com

Quanex Building Products Announces Third Quarter 2023 Earnings Release and Conference Call Schedule

August 8, 2023 | seekingalpha.com

Quanex: Assessing If A Bullish Breakout Is Imminent

July 6, 2023 | finance.yahoo.com

3 Micro-Cap Stocks to Buy Now for Gigantic Growth Potential

June 3, 2023 | finance.yahoo.com

Q2 2023 Quanex Building Products Corp Earnings Call

June 2, 2023 | finanznachrichten.de

Quanex Building Products Corporation: Quanex Building Products Announces Second Quarter 2023 Results and Reaffirms Full Year 2023 Guidance

June 1, 2023 | msn.com

Quanex Building Products FQ2 results beat, co reaffirms FY 2023 revenue guidance

June 1, 2023 | msn.com

Quanex Building Products rises after Q2 results beat estimates

See More Headlines

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Company Calendar

Last Earnings: 6/02/2023
Ex-Dividend for 9/29 Dividend: 9/14/2023
Dividend Payable: 9/29/2023
Today: 12/07/2023
Next Earnings (Confirmed): 12/14/2023
Fiscal Year End: 10/31/2024

Get Stock Alerts

Industry, Sector and Symbol

Stock Exchange: NYSE
Industry: Building Products & Equipment
Sub-Industry: Building Products
Sector: Industrials
Current Symbol: NYSE:NX
CUSIP: 74761910
CIK: 1423221
Web: www.quanex.com
Phone: (713) 961-4600
Fax: 740-439-0121
Employees: 3,875
Year Founded: 1927

Price Target and Rating

Average Stock Price Target: $33.00
High Stock Price Target: $33.00
Low Stock Price Target: $33.00
Potential Upside/Downside: +3.4%
Consensus Rating: Buy
Rating Score (0-4): 3.00
Research Coverage: 1 Analysts

Profitability

EPS (Most Recent Fiscal Year): $2.42
Trailing P/E Ratio: 13.19
Forward P/E Ratio: N/A
P/E Growth: N/A
Net Income: $88.34 million
Net Margins: 6.98%
Pretax Margin: 8.16%
Return on Equity: 17.28%
Return on Assets: 10.51%

Debt

Debt-to-Equity Ratio: 0.20
Current Ratio: 2.12
Quick Ratio: 1.35

Sales & Book Value

Annual Sales: $1.14 billion
Price / Sales: 0.92
Cash Flow: $3.92 per share
Price / Cash Flow: 8.13
Book Value: $14.03 per share
Price / Book: 2.27

Miscellaneous

Outstanding Shares: 32,986,000
Free Float: 32,128,000
Market Cap: $1.05 billion
Optionable: Optionable
Beta: 1.37

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Key Executives

Mr. George L. Wilson (Age 54)
President, CEO & Director
Comp: $3.22M
Mr. Scott M. Zuehlke (Age 47)
Senior VP, CFO & Treasurer
Comp: $1.18M
Mr. Paul B. Cornett (Age 45)
Senior VP, General Counsel & Secretary
Comp: $990.75k
Ms. Kimberley N. Garcia (Age 44)
VP & Chief HR Officer
Comp: $580.85k
Ms. Karen Ettredge (Age 42)
VP, Corporate Controller & Principal Accounting Officer
Mr. Vince Warne
Director of Technical Services
Mr. Louis F. Ventura
VP & Chief Information Officer
Mr. Chris Alderson
Managing Director of IG International
Mr. Bob Daniels
President of North American Fenestration
Mr. Martin Thurley
Managing Director of Liniar

Key Competitors

View All Competitors

Insiders & Institutions

View All Insider Transactions
View All Institutional Transactions

NX Stock Analysis - Frequently Asked Questions

Should I buy or sell Quanex Building Products stock right now?: 1 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for Quanex Building Products in the last twelve months. There are currently 1 buy rating for the stock. The consensus among Wall Street equities research analysts is that investors should "buy" NX shares.
View NX analyst ratings or view top-rated stocks.
What is Quanex Building Products' stock price target for 2024?: 1 analysts have issued twelve-month price objectives for Quanex Building Products' shares. Their NX share price targets range from $33.00 to $33.00. On average, they predict the company's share price to reach $33.00 in the next year. This suggests a possible upside of 2.6% from the stock's current price.
View analysts price targets for NX or view top-rated stocks among Wall Street analysts.
How have NX shares performed in 2023?: Quanex Building Products' stock was trading at $23.68 at the beginning of the year. Since then, NX stock has increased by 35.8% and is now trading at $32.15.
View the best growth stocks for 2023 here.
When is Quanex Building Products' next earnings date?: The company is scheduled to release its next quarterly earnings announcement on Thursday, December 14th 2023.
View our NX earnings forecast.
How can I listen to Quanex Building Products' earnings call?: Quanex Building Products will be holding an earnings conference call on Friday, December 15th at 11:00 AM Eastern. Interested parties can register for or listen to the call using this link.
How were Quanex Building Products' earnings last quarter?: Quanex Building Products Co. (NYSE:NX) released its quarterly earnings data on Friday, June, 2nd. The construction company reported $0.66 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of $0.41 by $0.25. The construction company had revenue of $273.54 million for the quarter. Quanex Building Products had a trailing twelve-month return on equity of 17.28% and a net margin of 6.98%. During the same period in the previous year, the business earned $0.80 EPS.
How often does Quanex Building Products pay dividends? What is the dividend yield for Quanex Building Products?: Quanex Building Products declared a quarterly dividend on Thursday, August 24th. Investors of record on Friday, September 15th will be paid a dividend of $0.08 per share on Friday, September 29th. This represents a $0.32 annualized dividend and a dividend yield of 1.00%. The ex-dividend date is Thursday, September 14th.
Read our dividend analysis for NX.
Is Quanex Building Products a good dividend stock?: Quanex Building Products (NYSE:NX) pays an annual dividend of $0.32 per share and currently has a dividend yield of 1.01%. The dividend payout ratio is 13.22%. This payout ratio is at a healthy, sustainable level, below 75%.
Read our dividend analysis for NX.

What ETFs hold Quanex Building Products' stock?: ETFs with the largest weight of Quanex Building Products (NYSE:NX) stock in their portfolio include Euclidean Fundamental Value ETF (ECML), RiverFront Dynamic US Dividend Advantage ETF (RFDA), iShares US Small Cap Value Factor ETF (SVAL) and Barrons 400 ETF (BFOR).iShares U.S. Home Construction ETF (ITB).
What is Bill Griffiths' approval rating as Quanex Building Products' CEO?: 24 employees have rated Quanex Building Products Chief Executive Officer Bill Griffiths on Glassdoor.com. Bill Griffiths has an approval rating of 65% among the company's employees.
What other stocks do shareholders of Quanex Building Products own?: Based on aggregate information from My MarketBeat watchlists, some companies that other Quanex Building Products investors own include Fastenal (FAST), Santander Consumer USA (SC), Veeva Systems (VEEV), AbbVie (ABBV), Advanced Micro Devices (AMD), Cara Therapeutics (CARA), Freeport-McMoRan (FCX), Aurinia Pharmaceuticals (AUPH) and Broadcom (AVGO).
Who are Quanex Building Products' major shareholders?: Quanex Building Products' stock is owned by many different institutional and retail investors. Top institutional shareholders include Allspring Global Investments Holdings LLC (12.19%), Ameriprise Financial Inc. (4.02%), LSV Asset Management (2.88%), Morgan Stanley (1.97%), Charles Schwab Investment Management Inc. (1.52%) and Loomis Sayles & Co. L P (1.44%). Insiders that own company stock include Curtis M Stevens, George Laverne Wilson, Jason Lippert, Meredith W Mendes, Paul Cornett, Scott M Zuehlke, Susan F Davis and William C Griffiths.
View institutional ownership trends.
How do I buy shares of Quanex Building Products?: Shares of NX stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include WeBull, Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab.
Compare Top Brokerages Here.
Does Quanex Building Products have any subsidiaries?: The following companies are subsidiares of Quanex Building Products: Alumco Inc., Brentwood Acquisition Corp., Edgetech (UK) LTD., Edgetech Europe GmbH, Flamstead Holdings Limited, HL Plastics, Liniar Ltd., Mikron Industries Inc., Mikron Washington LLC, Primewood Inc., Quanex Homeshield LLC, Quanex IG Systems, Quanex IG Systems Inc., Quanex North American Cabinet Components Inc., Quanex North American Fenestration Inc., Woodcraft Industries, and Woodcraft Industries Inc..
Read More

This page (NYSE:NX) was last updated on 12/7/2023 by MarketBeat.com Staff

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Quanex Building Products Stock Price, News & Analysis (NYSE:NX)

Quanex Building Products MarketRank™ Stock Analysis

Overall MarketRank™

Analyst's Opinion

Short Interest

Percentage of Shares Shorted

Short Interest Ratio / Days to Cover

Change versus previous month

Dividend Strength

Sustainability and ESG

Overall ESG (Environmental, Social, and Governance) Score

Environmental Sustainability

News and Social Media Coverage

News Sentiment

News Coverage This Week

Search Interest

MarketBeat Follows

Company Ownership

Earnings and Valuation

About Quanex Building Products Stock (NYSE:NX)

NX Stock Price History

NX Stock News Headlines

Company Calendar

Industry, Sector and Symbol

Price Target and Rating

Profitability

Debt

Sales & Book Value

Miscellaneous

Social Links

Key Executives

Key Competitors

Insiders & Institutions

NX Stock Analysis - Frequently Asked Questions

Overall MarketRank^™