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

$32.55
-0.23 (-0.70%)
(As of 05/22/2024 ET)
Today's Range
$32.28
$32.81
50-Day Range
$32.55
$38.79
52-Week Range
$20.56
$39.31
Volume
127,322 shs
Average Volume
169,414 shs
Market Capitalization
$1.08 billion
P/E Ratio
12.38
Dividend Yield
0.98%
Price Target
$38.00

Quanex Building Products MarketRank™ Stock Analysis

Analyst Rating
Buy
3.00 Rating Score
Upside/​Downside
16.7% Upside
$38.00 Price Target
Short Interest
Bearish
2.66% of Float Sold Short
Dividend Strength
Weak
Based on Four Factors
Sustainability
-2.24
Upright™ Environmental Score
News Sentiment
N/A
Insider Trading
Selling Shares
$115,574 Sold Last Quarter
Proj. Earnings Growth
23.75%
From $2.40 to $2.97 Per Share

Overall MarketRank

New Rank-Based ScoringMarketRank is calculated by averaging available category scores (with extra weight given to analysis and valuation), then ranking the company's weighted average against that of other companies.

4.58 out of 5 stars

Construction Sector

5th out of 97 stocks

Rolling, Drawing, & Extruding Of Nonferrous Metals Industry

1st out of 6 stocks

NX stock logo

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, 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. 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

NX Stock News Headlines

Quanex Building Products to buy UK's Tyman for $976M
Quanex Building Products (NYSE: NX)
Quanex Building Products Corp (4Q2.SG)
Q1 2024 Quanex Building Products Corp Earnings Call
See More Headlines
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Company Calendar

Last Earnings
3/07/2024
Ex-Dividend for 3/29 Dividend
3/14/2024
Dividend Payable
3/29/2024
Today
5/23/2024
Next Earnings (Estimated)
6/06/2024
Fiscal Year End
10/31/2024

Industry, Sector and Symbol

Industry
Rolling, drawing, & extruding of nonferrous metals
Sub-Industry
Building Products
CUSIP
74761910
Employees
3,792
Year Founded
1927

Price Target and Rating

Average Stock Price Target
$38.00
High Stock Price Target
$38.00
Low Stock Price Target
$38.00
Potential Upside/Downside
+16.7%
Consensus Rating
Buy
Rating Score (0-4)
3.00
Research Coverage
1 Analysts

Profitability

Net Income
$82.50 million
Pretax Margin
9.26%

Debt

Sales & Book Value

Annual Sales
$1.13 billion
Cash Flow
$4.03 per share
Book Value
$16.54 per share

Miscellaneous

Free Float
32,392,000
Market Cap
$1.08 billion
Optionable
Optionable
Beta
1.38

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Key Executives

  • Mr. George L. Wilson (Age 55)
    President, CEO & Chairman
    Comp: $3.41M
  • Mr. Scott M. Zuehlke (Age 48)
    Senior VP, CFO & Treasurer
    Comp: $1.24M
  • Mr. Paul B. Cornett (Age 46)
    Senior VP, General Counsel & Secretary
    Comp: $999.87k
  • Ms. Kimberley N. Garcia (Age 45)
    VP & Chief HR Officer
    Comp: $518.53k
  • Ms. Karen Ettredge (Age 43)
    VP, Corporate Controller & Principal Accounting Officer
  • Mr. Louis F. Ventura
    VP & Chief Information Officer
  • Mr. Chris Alderson
    President of European Fenestration
  • Mr. Bob Daniels
    President of North American Fenestration
  • Mr. John Sleva
    President of Quanex Custom Components
  • Mr. Jim Nixon
    President of Quanex Custom Mixing

NX Stock Analysis - Frequently Asked Questions

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

1 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for Quanex Building Products in the last year. There are currently 1 buy rating for the stock. The consensus among Wall Street 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 12 month target prices for Quanex Building Products' stock. Their NX share price targets range from $38.00 to $38.00. On average, they predict the company's stock price to reach $38.00 in the next twelve months. This suggests a possible upside of 16.7% 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 2024?

Quanex Building Products' stock was trading at $30.57 at the beginning of the year. Since then, NX stock has increased by 6.5% and is now trading at $32.55.
View the best growth stocks for 2024 here
.

Are investors shorting Quanex Building Products?

Quanex Building Products saw a increase in short interest in the month of April. As of April 15th, there was short interest totaling 773,900 shares, an increase of 27.3% from the March 31st total of 607,800 shares. Based on an average trading volume of 166,200 shares, the short-interest ratio is presently 4.7 days. Currently, 2.4% of the shares of the company are sold short.
View Quanex Building Products' Short Interest
.

When is Quanex Building Products' next earnings date?

The company is scheduled to release its next quarterly earnings announcement on Thursday, June 6th 2024.
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, March, 7th. The construction company reported $0.18 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.12 by $0.06. The construction company had revenue of $239.16 million for the quarter, compared to analyst estimates of $232.90 million. Quanex Building Products had a net margin of 7.84% and a trailing twelve-month return on equity of 17.11%.

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 Wednesday, February 28th. Stockholders of record on Friday, March 15th will be paid a dividend of $0.08 per share on Friday, March 29th. This represents a $0.32 annualized dividend and a yield of 0.98%. The ex-dividend date of this dividend is Thursday, March 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 0.98%. The dividend payout ratio is 12.17%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, NX will have a dividend payout ratio of 10.77% next year. This indicates that the company will be able to sustain or increase its dividend.
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) and iShares Micro-Cap ETF (IWC).iShares U.S. Home Construction ETF (ITB).

What guidance has Quanex Building Products issued on next quarter's earnings?

Quanex Building Products issued an update on its second quarter 2024 earnings guidance on Monday, March, 11th. The company provided EPS guidance of for the period. The company issued revenue guidance of $268.0 million-$273.5 million, compared to the consensus revenue estimate of $259.2 million.

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 a variety of institutional and retail investors. Top institutional investors include Vanguard Group Inc. (11.24%), Allspring Global Investments Holdings LLC (9.85%), LSV Asset Management (2.66%), First Eagle Investment Management LLC (0.77%), Empowered Funds LLC (0.63%) and Principal Financial Group Inc. (0.54%). Insiders that own company stock include Curtis M Stevens, George Laverne Wilson, Jason Lippert, Meredith W Mendes, Paul Cornett, 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 Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.
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..
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This page (NYSE:NX) was last updated on 5/23/2024 by MarketBeat.com Staff

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