NYSE:NXQuanex Building Products Stock Price, Forecast & News

Quanex Building Products' stock was trading at $14.69 on March 11th, 2020 when Coronavirus (COVID-19) reached pandemic status according to the World Health Organization (WHO). Since then, NX shares have decreased by 20.8% and is now trading at $11.64. View which stocks have been most impacted by Coronavirus.

3 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Quanex Building Products in the last year. There are currently 1 hold rating and 2 buy ratings for the stock, resulting in a consensus recommendation of "Buy." View analyst ratings for Quanex Building Products.

Quanex Building Products is scheduled to release its next quarterly earnings announcement on Thursday, June 4th 2020. View our earnings forecast for Quanex Building Products.

Quanex Building Products will be holding an earnings conference call on Thursday, June 4th at 12:00 AM Eastern. Interested parties can register for or listen to the call using this link or dial in at Not Available.

Quanex Building Products Co. (NYSE:NX) posted its quarterly earnings results on Thursday, March, 5th. The construction company reported $0.04 earnings per share (EPS) for the quarter, topping the consensus estimate of ($0.06) by $0.10. The construction company earned $196.60 million during the quarter, compared to the consensus estimate of $189.90 million. Quanex Building Products had a negative net margin of 4.82% and a positive return on equity of 10.18%. The company's revenue was down .1% on a year-over-year basis. During the same period in the previous year, the firm posted ($0.07) EPS. View Quanex Building Products' earnings history.

Quanex Building Products declared a quarterly dividend on Monday, March 9th. Stockholders of record on Tuesday, March 17th will be paid a dividend of $0.08 per share on Tuesday, March 31st. This represents a $0.32 dividend on an annualized basis and a dividend yield of 2.75%. The ex-dividend date of this dividend is Monday, March 16th. View Quanex Building Products' dividend history.

Quanex Building Products updated its FY 2020 After-Hours earnings guidance on Thursday, March, 5th. The company provided earnings per share (EPS) guidance of for the period. The company issued revenue guidance of $865-885 million, compared to the consensus revenue estimate of $875.6 million.

3 brokers have issued 12-month price objectives for Quanex Building Products' stock. Their forecasts range from $13.00 to $20.00. On average, they expect Quanex Building Products' stock price to reach $16.33 in the next twelve months. This suggests a possible upside of 40.3% from the stock's current price. View analysts' price targets for Quanex Building Products.

News stories about NX stock have been trending very negative recently, InfoTrie Sentiment reports. The research firm identifies negative and positive news coverage by monitoring more than six thousand news and blog sources. The firm ranks coverage of public companies on a scale of negative five to positive five, with scores nearest to five being the most favorable. Quanex Building Products earned a media sentiment score of -3.0 on InfoTrie's scale. They also assigned press coverage about the construction company a news buzz of 0.0 out of 10, meaning that recent news coverage is extremely unlikely to have an effect on the stock's share price in the immediate future. View the latest news aboutQuanex Building Products.

Quanex Building Products saw a decline in short interest during the month of May. As of May 15th, there was short interest totaling 1,130,000 shares, a decline of 5.0% from the April 30th total of 1,190,000 shares. Based on an average trading volume of 260,300 shares, the short-interest ratio is presently 4.3 days. Currently, 3.5% of the shares of the company are sold short. View Quanex Building Products' Current Options Chain.

Some companies that are related to Quanex Building Products include Masco (MAS), Fortune Brands Home & Security (FBHS), Lennox International (LII), Trex (TREX), A. O. Smith (AOS), Owens Corning (OC), Armstrong World Industries (AWI), Simpson Manufacturing (SSD), AAON (AAON), Universal Forest Products (UFPI), Builders FirstSource (BLDR), Gibraltar Industries (ROCK), Patrick Industries (PATK), American Woodmark (AMWD) and PGT Innovations (PGTI). View all competitors.

Based on aggregate information from My MarketBeat watchlists, some companies that other Quanex Building Products investors own include Advanced Micro Devices (AMD), Ring Energy (REI), Ring Energy (REI), Fastenal (FAST), AT&T (T), AbbVie (ABBV), Cara Therapeutics (CARA), Ford Motor (F), General Electric (GE) and General Motors (GM).

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

Quanex Building Products' stock is owned by a variety of institutional and retail investors. Top institutional investors include BlackRock Inc. (15.92%), Wells Fargo & Company MN (6.95%), Investment Counselors of Maryland LLC (3.60%), State Street Corp (3.34%), Systematic Financial Management LP (2.23%) and JPMorgan Chase & Co. (2.05%). Company insiders that own Quanex Building Products stock include Brent L Korb, Joseph D Rupp, Kevin P Delaney, Paul Cornett and Susan F Davis. View institutional ownership trends for Quanex Building Products.

NX stock was sold by a variety of institutional investors in the last quarter, including Deutsche Bank AG, BlackRock Inc., Mackay Shields LLC, Acadian Asset Management LLC, Healthcare of Ontario Pension Plan Trust Fund, UBS Group AG, Geode Capital Management LLC, and KBC Group NV. Company insiders that have sold Quanex Building Products company stock in the last year include Kevin P Delaney, Paul Cornett, and Susan F Davis. View insider buying and selling activity for Quanex Building Products.

NX stock was purchased by a variety of institutional investors in the last quarter, including Wells Fargo & Company MN, Systematic Financial Management LP, JPMorgan Chase & Co., Deprince Race & Zollo Inc., AQR Capital Management LLC, AJO LP, Nuveen Asset Management LLC, and Parametric Portfolio Associates LLC. View insider buying and selling activity for Quanex Building Products.

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

One share of NX stock can currently be purchased for approximately $11.64.

Quanex Building Products has a market capitalization of $383.51 million and generates $893.84 million in revenue each year. The construction company earns $-46,730,000.00 in net income (profit) each year or $0.95 on an earnings per share basis. Quanex Building Products employs 3,632 workers across the globe.

The official website for Quanex Building Products is www.quanex.com.

Quanex Building Products' mailing address is 1800 West Loop South Suite 1500, Houston TX, 77027. The construction company can be reached via phone at 713-961-4600 or via email at [email protected]