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

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.

1 equities research analysts have issued 1 year target prices for Quanex Building Products' stock. Their NX share price forecasts range from $28.00 to $28.00. On average, they expect the company's share price to reach $28.00 in the next twelve months. This suggests a possible upside of 32.8% from the stock's current price.
View analysts price targets for NX or view top-rated stocks among Wall Street analysts.

Quanex Building Products' stock was trading at $23.68 at the start of the year. Since then, NX stock has decreased by 10.9% and is now trading at $21.09.
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The company is scheduled to release its next quarterly earnings announcement on Thursday, June 1st 2023.
View our NX earnings forecast.

Quanex Building Products will be holding an earnings conference call on Friday, June 2nd at 11:00 AM Eastern. Interested parties can register for or listen to the call using this link.

Quanex Building Products Co. (NYSE:NX) announced its earnings results on Thursday, March, 9th. The construction company reported $0.18 earnings per share for the quarter. The construction company earned $261.92 million during the quarter. Quanex Building Products had a trailing twelve-month return on equity of 18.33% and a net margin of 6.50%.

Quanex Building Products announced a quarterly dividend on Thursday, May 25th. Shareholders of record on Thursday, June 15th will be given a dividend of $0.08 per share on Friday, June 30th. This represents a $0.32 annualized dividend and a dividend yield of 1.52%. The ex-dividend date of this dividend is Wednesday, June 14th.
Read our dividend analysis for NX.

ETFs with the largest weight of Quanex Building Products (NYSE:NX) stock in their portfolio include Roundhill Acquirers Deep Value ETF (DEEP), RiverFront Dynamic US Dividend Advantage ETF (RFDA), Invesco S&P SmallCap Value with Momentum ETF (XSVM), iShares US Small Cap Value Factor ETF (SVAL), Invesco S&P SmallCap Industrials ETF (PSCI), Pacer US Small Cap Cash Cows 100 ETF (CALF), Royce Quant Small-Cap Quality Value ETF (SQLV) and Invesco S&P SmallCap Quality ETF (XSHQ).

Quanex Building Products (NYSE:NX) pays an annual dividend of $0.32 per share and currently has a dividend yield of 1.54%. The dividend payout ratio is 13.39%. This payout ratio is at a healthy, sustainable level, below 75%.
Read our dividend analysis for NX.

Quanex Building Products issued an update on its FY 2023 earnings guidance on Thursday, March, 9th. The company provided EPS guidance of for the period. The company issued revenue guidance of $1.12 billion-$1.16 billion, compared to the consensus revenue estimate of $1.20 billion.

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.

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).

Quanex Building Products trades on the New York Stock Exchange (NYSE) under the ticker symbol "NX."

Quanex Building Products' stock is owned by many different institutional and retail investors. Top institutional investors include BlackRock Inc. (16.40%), Allspring Global Investments Holdings LLC (12.29%), Dimensional Fund Advisors LP (7.78%), Ameriprise Financial Inc. (4.05%), Segall Bryant & Hamill LLC (3.76%) and State Street Corp (3.61%). 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.
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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.
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One share of NX stock can currently be purchased for approximately $21.09.

Quanex Building Products (NYSE:NX) has a market capitalization of $701.03 million and generates $1.22 billion in revenue each year. The construction company earns $88.34 million in net income (profit) each year or $2.39 on an earnings per share basis.

The company employs 3,875 workers across the globe.

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.