NYSE:NX

Quanex Building Products (NX) Stock Forecast, Price & News

$27.66

+0.10 (+0.36%)

(As of 09/22/2023 08:52 PM ET)

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Today's Range: $27.46
▼
$27.93
50-Day Range: $25.24
▼
$29.50
52-Week Range: $18.00
▼
$29.63

Volume: 70,800 shs
Average Volume: 155,613 shs
Market Capitalization: $912.50 million

P/E Ratio: 11.43
Dividend Yield: 1.16%
Price Target: $33.00

Quanex Building Products MarketRank™ Forecast

Analyst Rating: Buy
3.00 Rating Score
Upside/Downside: 19.3% Upside
$33.00 Price Target
Short Interest: Healthy
1.97% of Float Sold Short
Dividend Strength: Weak
Based on Four Factors
Sustainability: -2.24
Upright™ Environmental Score
News Sentiment: 0.80
Based on 2 Articles This Week
Insider Trading: Selling Shares
$1.48 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.

2.22 out of 5 stars

Construction Sector

55th out of 96 stocks

Rolling, Drawing, & Extruding Of Nonferrous Metals Industry

2nd out of 7 stocks

2.5

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 19.3% from its current price of $27.66.
Amount of Analyst Coverage
Quanex Building Products has only been the subject of 1 research reports in the past 90 days.

3.0

Short Interest

Percentage of Shares Shorted
1.97% 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 4.9.
Change versus previous month
Short interest in Quanex Building Products has recently decreased by 4.45%, indicating that investor sentiment is improving.

1.7

Dividend Strength

Dividend Yield
Quanex Building Products pays a meaningful dividend of 1.16%, 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.

3.2

News and Social Media Coverage

News Sentiment
Quanex Building Products has a news sentiment score of 0.80. 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 higher news sentiment than the 0.66 average news sentiment score of Construction companies.
News Coverage This Week
MarketBeat has tracked 2 news articles for Quanex Building Products this week, compared to 1 article on an average week.
Search Interest
Only 1 people have searched for NX on MarketBeat in the last 30 days. This is a decrease of 0% compared to the previous 30 days.
MarketBeat Follows
1 people have added Quanex Building Products to their MarketBeat watchlist in the last 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 $1,480,784.00 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 11.43, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 115.77.
Price to Earnings Ratio vs. Sector
The P/E ratio of Quanex Building Products is 11.43, which means that it is trading at a less expensive P/E ratio than the Construction sector average P/E ratio of about 15.42.
Price to Book Value per Share Ratio
Quanex Building Products has a P/B Ratio of 1.74. 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 (NYSE:NX) Stock

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 Price History

30 days | 90 days | 365 days | Advanced Chart

NX Stock News Headlines

September 19, 2023 | americanbankingnews.com

Quanex Building Products (NYSE:NX) Stock Price Passes Above Two Hundred Day Moving Average of $24.11

September 11, 2023 | finance.yahoo.com

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

September 25, 2023 | Behind the Markets (Ad)

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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

September 25, 2023 | Behind the Markets (Ad)

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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

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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

June 1, 2023 | finance.yahoo.com

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

May 18, 2023 | finance.yahoo.com

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

May 14, 2023 | msn.com

Quanex Building Products: Trading In-Line With Peers

May 7, 2023 | marketwatch.com

Learn to Evaluate Quanex Building Products ($NX) using the Charts

May 5, 2023 | finance.yahoo.com

Quanex Building Products (NYSE:NX) Shareholders Will Want The ROCE Trajectory To Continue

April 17, 2023 | finance.yahoo.com

At US$20.50, Is Quanex Building Products Corporation (NYSE:NX) Worth Looking At Closely?

March 27, 2023 | finance.yahoo.com

Investing in Quanex Building Products (NYSE:NX) three years ago would have delivered you a 101% gain

March 24, 2023 | seekingalpha.com

Quanex Building Products (NX) Investor Presentation - Slideshow

March 13, 2023 | insidermonkey.com

Quanex Building Products Corporation (NYSE:NX) Q1 2023 Earnings Call Transcript

March 11, 2023 | finance.yahoo.com

Quanex Building Products First Quarter 2023 Earnings: EPS Misses Expectations

See More Headlines

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NX Company Calendar

Ex-Dividend for 6/30 Dividend: 6/14/2023
Dividend Payable: 6/30/2023
Last Earnings: 8/31/2023
Ex-Dividend for 9/29 Dividend: 9/14/2023
Today: 9/24/2023
Dividend Payable: 9/29/2023
Fiscal Year End: 10/31/2023
Next Earnings (Estimated): 12/21/2023

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Industry, Sector and Symbol

Stock Exchange: NYSE
Industry: Rolling, drawing, & extruding of nonferrous metals
Sub-Industry: Building Products
Sector: Construction
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 Forecast: $33.00
High Stock Price Forecast: $33.00
Low Stock Price Forecast: $33.00
Forecasted Upside/Downside: +19.3%
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: 11.43
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: $1.22 billion
Price / Sales: 0.75
Cash Flow: $3.90 per share
Price / Cash Flow: 7.10
Book Value: $15.94 per share
Price / Book: 1.74

Miscellaneous

Outstanding Shares: 32,990,000
Free Float: 32,128,000
Market Cap: $912.50 million
Optionable: Optionable
Beta: 1.44

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Key Executives

Mr. George L. Wilson (Age 54)
Pres, CEO & Director
Comp: $3.22M

Mr. Scott M. Zuehlke (Age 47)
Sr. VP, CFO & Treasurer
Comp: $1.18M

Mr. Paul B. Cornett (Age 45)
Sr. VP, Gen. Counsel & Sec.
Comp: $990.75k

Ms. Kimberley N. Garcia (Age 44)
VP & Chief HR Officer
Comp: $580.85k

Ms. Karen Ettredge (Age 42)
VP, Corp. 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
Pres 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 - 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 forecast for 2023?: 1 Wall Street analysts have issued 1-year price objectives for Quanex Building Products' stock. Their NX share price forecasts range from $33.00 to $33.00. On average, they expect the company's share price to reach $33.00 in the next twelve months. This suggests a possible upside of 19.3% 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 shares have increased by 16.8% and is now trading at $27.66.
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 21st 2023.
View our NX earnings forecast.
How were Quanex Building Products' earnings last quarter?: Quanex Building Products Co. (NYSE:NX) announced its earnings results on Thursday, August, 31st. The construction company reported $0.97 EPS for the quarter. The construction company earned $299.64 million during the quarter. Quanex Building Products had a net margin of 6.98% and a trailing twelve-month return on equity of 17.28%.
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. Shareholders of record on Friday, September 15th will be given a dividend of $0.08 per share on Friday, September 29th. This represents a $0.32 dividend on an annualized basis and a yield of 1.16%. The ex-dividend date is Thursday, September 14th.
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).
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 1.16%. 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 guidance has Quanex Building Products issued on next quarter's earnings?: Quanex Building Products updated its FY 2023 earnings guidance on Friday, September, 1st. The company provided earnings per share guidance of for the period. The company issued revenue guidance of $1.13 billion-$1.13 billion, compared to the consensus revenue estimate of $1.12 billion.

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).
What is Quanex Building Products' stock symbol?: Quanex Building Products trades on the New York Stock Exchange (NYSE) under the ticker symbol "NX."
Who are Quanex Building Products' major shareholders?: Quanex Building Products' stock is owned by a variety of institutional and retail investors. Top institutional investors include BlackRock Inc. (16.33%), Allspring Global Investments Holdings LLC (12.21%), Dimensional Fund Advisors LP (7.84%), Segall Bryant & Hamill LLC (3.67%), State Street Corp (3.60%) and Renaissance Technologies LLC (3.48%). Insiders that own company stock include Curtis M Stevens, George Laverne Wilson, Jason Lippert, Joseph D Rupp, 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.
What is Quanex Building Products' stock price today?: One share of NX stock can currently be purchased for approximately $27.66.
How much money does Quanex Building Products make?: Quanex Building Products (NYSE:NX) has a market capitalization of $912.50 million and generates $1.22 billion in revenue each year. The construction company earns $88.34 million in net income (profit) each year or $2.42 on an earnings per share basis.
How many employees does Quanex Building Products have?: The company employs 3,875 workers across the globe.
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..
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How can I contact Quanex Building Products?: Quanex Building Products' mailing address is 1800 West Loop South Suite 1500, Houston TX, 77027. The official website for the company is www.quanex.com. The construction company can be reached via phone at (713) 961-4600, via email at scott.zuehlke@quanex.com, or via fax at 740-439-0121.

This page (NYSE:NX) was last updated on 9/25/2023 by MarketBeat.com Staff

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