About Quanex Building Products Corporation (NYSE:NX)
Quanex Building Products Corporation manufactures components for original equipment manufacturers (OEM) in the building products industry. The Company's components can be categorized as window and door (fenestration) components, and kitchen and bath cabinet components. The Company operates through three segments: North American Engineered Components (NA Engineered Components), which consists of four operating segments primarily focused on the fenestration market in North America manufacturing vinyl profiles, insulating glass (IG) spacers, screens and other fenestration components; European Engineered Components (EU Engineered Components), which consists of the United Kingdom-based vinyl extrusion business, manufacturing vinyl profiles and conservatories, and the European insulating glass business manufacturing IG spacers, and North American Cabinet Components (NA Cabinet Components), which consists of the North American cabinet door and components business.
Industry, Sector and Symbol:
- Sector: Construction
- Industry: Construction Supplies & Fixtures
- Sub-Industry: Building Products
- Symbol: NYSE:NX
- CUSIP: 74761910
- Web: www.quanex.com
- Market Cap: $768.09 million
- Outstanding Shares: 34,742,000
- 50 Day Moving Avg: $21.74
- 200 Day Moving Avg: $20.75
- 52 Week Range: $15.41 - $23.60
Sales & Book Value:
- Trailing P/E Ratio: 57.51
- Foreward P/E Ratio: 26.59
- P/E Growth: 1.45
- Annual Revenue: $883.58 million
- Price / Sales: 0.89
- Book Value: $11.40 per share
- Price / Book: 1.98
- Annual Dividend: $0.16
- Dividend Yield: 0.7%
- EBITDA: $95.14 million
- Net Margins: 1.52%
- Return on Equity: 7.87%
- Return on Assets: 3.81%
- Debt-to-Equity Ratio: 0.61%
- Current Ratio: 1.79%
- Quick Ratio: 0.93%
- Average Volume: 149,568 shs.
- Beta: 0.67
- Short Ratio: 9.62
Frequently Asked Questions for Quanex Building Products Corporation (NYSE:NX)
What is Quanex Building Products Corporation's stock symbol?
Quanex Building Products Corporation trades on the New York Stock Exchange (NYSE) under the ticker symbol "NX."
How often does Quanex Building Products Corporation pay dividends? What is the dividend yield for Quanex Building Products Corporation?
Quanex Building Products Corporation declared a quarterly dividend on Thursday, September 7th. Shareholders of record on Monday, September 18th will be given a dividend of $0.04 per share on Friday, September 29th. This represents a $0.16 dividend on an annualized basis and a yield of 0.71%. The ex-dividend date is Friday, September 15th. View Quanex Building Products Corporation's Dividend History.
How were Quanex Building Products Corporation's earnings last quarter?
Quanex Building Products Corporation (NYSE:NX) issued its quarterly earnings results on Wednesday, September, 6th. The company reported $0.33 earnings per share (EPS) for the quarter, missing analysts' consensus estimates of $0.34 by $0.01. The firm earned $229.40 million during the quarter, compared to analysts' expectations of $235.45 million. Quanex Building Products Corporation had a return on equity of 7.87% and a net margin of 1.52%. Quanex Building Products Corporation's revenue was down 7.5% on a year-over-year basis. During the same quarter last year, the business posted $0.27 earnings per share. View Quanex Building Products Corporation's Earnings History.
When will Quanex Building Products Corporation make its next earnings announcement?
Where is Quanex Building Products Corporation's stock going? Where will Quanex Building Products Corporation's stock price be in 2017?
3 analysts have issued twelve-month target prices for Quanex Building Products Corporation's stock. Their forecasts range from $24.00 to $24.00. On average, they expect Quanex Building Products Corporation's share price to reach $24.00 in the next twelve months. View Analyst Ratings for Quanex Building Products Corporation.
What are analysts saying about Quanex Building Products Corporation stock?
Here are some recent quotes from research analysts about Quanex Building Products Corporation stock:
- 1. According to Zacks Investment Research, "QUANEX BUILDING PRODUCTS CORPORATION is a leading manufacturer of engineered materials and components for the U.S. building products market. The Company operates two segments: Engineered Building Products designs proprietary window and door systems and produces fabricated metal, wood and vinyl window and door components, spacer/sealant systems and other products for major window and door manufacturers that primarily serve the residential construction and remodeling markets. Aluminum Sheet Building Products produces coated and mill finish aluminum sheet products for the building and construction market, as well as other capital goods and transportation markets. " (9/20/2017)
- 2. Wedbush analysts commented, "Quanex Building Products (NX) results were slightly ahead of our expectations with FY17 guidance coming in mostly as expected with organic growth of 5-6% more than offset by the strategic changes well under way within the company's operations. In reducing North American Engineered Components (NAEC) and North American Cabinetry Components (NACC) footprint, NX is experiencing adjusted EBITDA (AEBITDA) margin expansion. Importantly, we believe further margin can be achieved when NX puts forth price increases for the new/revised portfolio. In the interim, NX is generating $1.60-1.80 of free cash flow per share and leverage remains on track to be ~2.2x by the end of FY17." (3/8/2017)
Who are some of Quanex Building Products Corporation's key competitors?
Some companies that are related to Quanex Building Products Corporation include Winnebago Industries (WGO), Primoris Services Corporation (PRIM), Patrick Industries (PATK), Cavco Industries (CVCO), Tutor Perini Corporation (TPC), Boise Cascade, L.L.C. (BCC), Comfort Systems USA (FIX), U S Concrete (USCR), Ply Gem Holdings (PGEM), NCI Building Systems (NCS), Cementos Pacasmayo S.A.A. (CPAC), Deltic Timber Corporation (DEL), Argan (AGX), Gibraltar Industries (ROCK), Continental Building Products (CBPX), Advanced Drainage Systems (WMS), Caesarstone (CSTE) and Lyon William Homes (WLH).
Who are Quanex Building Products Corporation's key executives?
Quanex Building Products Corporation's management team includes the folowing people:
- William C. Griffiths, Chairman of the Board, President, Chief Executive Officer
- Brent L. Korb, Chief Financial Officer, Senior Vice President - Finance
- George Wilson, Chief Operating Officer
- Kevin P. Delaney, Senior Vice President, General Counsel, Secretary
- Dewayne Melvin Williams, Vice President, Corporate Controller
- Scott M. Zuehlke, Vice President - Investor Relations, Treasurer
- Joseph D. Rupp, Lead Independent Director
- Robert R. Buck, Independent Director
- Susan F. Davis, Independent Director
- LeRoy D. Nosbaum, Independent Director
Who owns Quanex Building Products Corporation stock?
Quanex Building Products Corporation's stock is owned by a number of of retail and institutional investors. Top institutional investors include Fisher Asset Management LLC (0.39%). Company insiders that own Quanex Building Products Corporation stock include Brent L Korb, Kevin P Delaney and Scott M Zuehlke. View Institutional Ownership Trends for Quanex Building Products Corporation.
Who bought Quanex Building Products Corporation stock? Who is buying Quanex Building Products Corporation stock?
How do I buy Quanex Building Products Corporation stock?
Shares of Quanex Building Products Corporation can be purchased through any online brokerage account. Popular online brokerages include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Scottrade, Fidelity and Charles Schwab.
What is Quanex Building Products Corporation's stock price today?
MarketBeat Community Rating for Quanex Building Products Corporation (NYSE NX)MarketBeat's community ratings are surveys of what our community members think about Quanex Building Products Corporation and other stocks. Vote "Outperform" if you believe the stock will outperform the S&P 500 over the long term. Vote "Underperform" if you believe the stock will underperform the S&P 500 over the long term. You may vote once every thirty days.
One share of Quanex Building Products Corporation stock can currently be purchased for approximately $22.60.
Consensus Ratings for Quanex Building Products Corporation (NYSE:NX) (How are Consensus Ratings Calculated?)
MarketBeat calculates consensus ratings using the most recent rating from each brokerage that has rated a stock within the last twelve months. Since brokers often use different ratings systems, each rating is normalized to a standardized rating score of 1 (sell), 2 (hold), 3 (buy) or 4 (strong buy). Consensus ratings scores are calculated using the mean average of the number of normalized sell, hold, buy and strong buy ratings. Each stock's consensus rating is derived from its calculated consensus ratings score (0-1.5 = Sell, 1.5-2.5 = Hold, 2.5-3.5 = Buy, >3.5 = Strong Buy). MarketBeat's consensus price targets are a mean average of the most recent available price targets set by each analyst that has set a price target for the stock in the last twelve months.
MarketBeat will no longer include ratings and price target data in its consensus calculation if a broker drops coverage and MarketBeat has received a report that coverage was dropped. Ratings from certain research firms that issue ratings using purely quantitative methods (such as Zacks, Vetr and ValuEngine) are not included in consensus calculations. MarketBeat's consensus ratings and consensus price targets may differ from those calculated by other firms due to differences in methodology and available data.
|Ratings Breakdown: ||1 Hold Rating, 2 Buy Ratings|
|Consensus Rating:||Buy (Score: 2.67)|
|Consensus Price Target: ||$24.00 (6.19% upside)|Consensus Price Target History for Quanex Building Products Corporation (NYSE:NX)
Analysts' Ratings History for Quanex Building Products Corporation (NYSE:NX)
(Data available from 10/21/2015 forward)
|Date||Firm||Action||Rating||Price Target||Impact on Share Price||Details|
|9/8/2017||Wedbush||Upgrade||Neutral -> Outperform||$25.00 -> $24.00||High|
|9/7/2016||Imperial Capital||Lower Price Target||Outperform||$25.00 -> $22.50||N/A|
Earnings History for Quanex Building Products Corporation (NYSE:NX)Earnings History by Quarter for Quanex Building Products Corporation (NYSE NX)
(Data available from 1/1/2011 forward)
|Date||Quarter||Consensus Estimate||Actual EPS||Revenue Estimate||Actual Revenue||Release Link||Conference Call||Details|
|9/6/2017||Q3 2017||$0.34||$0.33||$235.45 million||$229.40 million||View||Listen|
|5/30/2017||Q2 17||$0.05||$0.11||$205.27 million||$209.10 million||View||N/A|
|3/6/2017||Q1 2017||($0.05)||($0.04)||$189.63 million||$195.10 million||View||Listen|
|12/15/2016||Q4 2016||$0.37||$0.45||$253.00 million||$249.17 million||View||Listen|
|9/6/2016||Q3||$0.29||$0.30||$256.07 million||$248.09 million||View||Listen|
|5/31/2016||Q2||$0.09||$0.10||$230.65 million||$229.46 million||View||Listen|
|3/7/2016||Q1||($0.12)||($0.02)||$199.62 million||$201.50 million||View||Listen|
|12/14/2015||Q415||$0.25||$0.32||$200.11 million||$195.50 million||View||N/A|
|9/9/2015||Q315||$0.19||$0.28||$186.78 million||$180.21 million||View||N/A|
|6/3/2015||Q215||$0.01||$0.07||$143.45 million||$141.97 million||View||N/A|
|3/3/2015||Q115||($0.14)||($0.09)||$126.20 million||$128.00 million||View||N/A|
|12/12/2014||Q414||$0.19||$0.08||$173.45 million||$163.82 million||View||N/A|
|9/9/2014||Q314||$0.20||$0.23||$166.06 million||$170.00 million||View||N/A|
|6/5/2014||Q214||$0.01||($0.04)||$133.80 million||$135.00 million||View||N/A|
|3/6/2014||Q114||($0.10)||($0.11)||$201.57 million||$202.38 million||View||N/A|
|12/18/2013||Q4||$0.15||$0.28||$264.56 million||$275.00 million||View||Listen|
|9/4/2013||Q3 2013||$0.11||$0.13||$265.21 million||$259.20 million||View||Listen|
|6/7/2013||Q2 2013||($0.08)||($0.20)||$225.42 million||$232.50 million||View||N/A|
|3/7/2013||Q1 2013||($0.07)||($0.17)||$175.08 million||$185.70 million||View||N/A|
|12/21/2012||Q4 2012||$0.21||$0.05||$242.53 million||$235.00 million||View||Listen|
|9/4/2012||Q312||$0.22||$0.04||$249.84 million||$237.90 million||View||N/A|
Earnings Estimates for Quanex Building Products Corporation (NYSE:NX)
2017 EPS Consensus Estimate: $0.86
2018 EPS Consensus Estimate: $0.90
(Data provided by Zacks Investment Research)
|Quarter||Number of Estimates||Low Estimate||High Estimate||Average Estimate|
Current Dividend Information for Quanex Building Products Corporation (NYSE:NX)
|Most Recent Dividend:||9/29/2017|
|Dividend Growth:||0.00% (3 Year Average)|
|Payout Ratio:||42.11% (Trailing 12 Months of Earnings) |
18.82% (Based on This Year's Estimates)
18.82% (Based on Next Year's Estimates)
Dividend History by Quarter for Quanex Building Products Corporation (NYSE NX)
(Data available from 1/1/2013 forward)
|Announced||Period||Amount||Yield||Ex-Dividend Date||Record Date||Payable Date|
Insider Trading and Institutional Ownership History for Quanex Building Products Corporation (NYSE:NX)
Insider Ownership Percentage: 5.32%Insider Trades by Quarter for Quanex Building Products Corporation (NYSE:NX)
Institutional Ownership Percentage: 99.75%
(Data available from 1/1/2013 forward)
|Transaction Date||Insider Name||Title||Buy/Sell||Number of Shares||Average Share Price||Total Transaction||Details|
|9/25/2017||Brent L Korb||VP||Sell||17,500||$21.15||$370,125.00|| |
|7/3/2017||Kevin P Delaney||SVP||Sell||21,275||$21.16||$450,179.00|| |
|6/29/2017||Kevin P Delaney||SVP||Sell||13,642||$21.01||$286,618.42|| |
|6/26/2017||Kevin P Delaney||SVP||Sell||221||$21.02||$4,645.42|| |
|6/20/2017||Kevin P Delaney||SVP||Sell||59,700||$21.35||$1,274,595.00|| |
|6/15/2017||Kevin P Delaney||SVP||Sell||9,971||$21.53||$214,675.63|| |
|3/10/2016||Scott M Zuehlke||VP||Buy||610||$16.30||$9,943.00|| |
|9/14/2015||Leroy D. Nosbaum||Director||Buy||2,500||$19.70||$49,250.00|| |
Headline Trends for Quanex Building Products Corporation (NYSE:NX)
Latest Headlines for Quanex Building Products Corporation (NYSE:NX)
Quanex Building Products Corporation (NX) Chart for Saturday, October, 21, 2017