Q3 EPS Estimates for Quanex Building Products Cut by Sidoti

Quanex Building Products Corporation (NYSE:NX) – Investment analysts at Sidoti reduced their Q3 2026 earnings per share estimates for shares of Quanex Building Products in a research note issued on Monday, May 18th. Sidoti analyst J. Romero now anticipates that the construction company will post earnings per share of $0.60 for the quarter, down from their previous estimate of $0.70. The consensus estimate for Quanex Building Products’ current full-year earnings is $1.96 per share. Sidoti also issued estimates for Quanex Building Products’ Q4 2026 earnings at $0.82 EPS, Q3 2027 earnings at $0.83 EPS, Q4 2027 earnings at $1.03 EPS and FY2027 earnings at $2.25 EPS.

Several other equities research analysts have also recently weighed in on the company. Wall Street Zen cut Quanex Building Products from a “buy” rating to a “hold” rating in a report on Saturday, March 14th. Zacks Research cut Quanex Building Products from a “hold” rating to a “strong sell” rating in a report on Monday, April 20th. Finally, Weiss Ratings reissued a “sell (d)” rating on shares of Quanex Building Products in a research note on Tuesday, April 21st. One investment analyst has rated the stock with a Buy rating and two have issued a Sell rating to the stock. According to MarketBeat, Quanex Building Products has an average rating of “Reduce” and a consensus price target of $28.00.

Quanex Building Products Trading Up 1.4%

NYSE NX opened at $16.85 on Tuesday. Quanex Building Products has a fifty-two week low of $11.04 and a fifty-two week high of $22.98. The company has a debt-to-equity ratio of 0.93, a quick ratio of 1.21 and a current ratio of 2.31. The stock has a 50 day simple moving average of $18.64 and a two-hundred day simple moving average of $17.39. The stock has a market cap of $773.69 million, a P/E ratio of -3.20, a price-to-earnings-growth ratio of 0.61 and a beta of 0.95.

Quanex Building Products (NYSE:NX) last released its quarterly earnings data on Thursday, March 5th. The construction company reported ($0.01) earnings per share for the quarter, topping the consensus estimate of ($0.05) by $0.04. Quanex Building Products had a positive return on equity of 12.24% and a negative net margin of 13.00%.The business had revenue of $409.09 million during the quarter, compared to analysts’ expectations of $405.75 million.

Hedge Funds Weigh In On Quanex Building Products

A number of institutional investors have recently bought and sold shares of NX. Royal Bank of Canada raised its stake in Quanex Building Products by 22.6% in the first quarter. Royal Bank of Canada now owns 25,578 shares of the construction company’s stock worth $476,000 after buying an additional 4,720 shares in the last quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. raised its stake in Quanex Building Products by 9.1% in the first quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 28,051 shares of the construction company’s stock worth $521,000 after buying an additional 2,347 shares in the last quarter. Goldman Sachs Group Inc. raised its stake in Quanex Building Products by 25.4% in the first quarter. Goldman Sachs Group Inc. now owns 246,666 shares of the construction company’s stock worth $4,586,000 after buying an additional 49,895 shares in the last quarter. Jane Street Group LLC raised its stake in Quanex Building Products by 887.4% in the first quarter. Jane Street Group LLC now owns 84,957 shares of the construction company’s stock worth $1,579,000 after buying an additional 76,353 shares in the last quarter. Finally, Sei Investments Co. raised its stake in Quanex Building Products by 8.0% in the second quarter. Sei Investments Co. now owns 72,103 shares of the construction company’s stock worth $1,363,000 after buying an additional 5,313 shares in the last quarter. 97.48% of the stock is owned by institutional investors.

Quanex Building Products Dividend Announcement

The business also recently declared a quarterly dividend, which was paid on Tuesday, March 31st. Investors of record on Tuesday, March 17th were paid a $0.08 dividend. This represents a $0.32 dividend on an annualized basis and a yield of 1.9%. The ex-dividend date of this dividend was Tuesday, March 17th. Quanex Building Products’s dividend payout ratio is presently -6.08%.

Quanex Building Products Company Profile

Quanex Building Products Corporation engages in the design, manufacture and distribution of components for the window, door and building products industries in North America. The company operates through two primary segments: Window Products and Door & Building Products. Its Window Products segment supplies vinyl window profiles and related accessories, while its Door & Building Products segment offers engineered door skins, panels, siding products, specialty moldings and other exterior building components.

Within its Window Products segment, Quanex produces extrusion profiles used by window fabricators to assemble vinyl casement, double-hung, slider and picture windows.