Sidoti Equities Analysts Lower Earnings Estimates for NX

Quanex Building Products Corporation (NYSE:NX) – Investment analysts at Sidoti reduced their Q2 2026 earnings per share (EPS) estimates for shares of Quanex Building Products in a note issued to investors on Monday, May 18th. Sidoti analyst J. Romero now expects that the construction company will earn $0.22 per share for the quarter, down from their prior forecast of $0.38. The consensus estimate for Quanex Building Products’ current full-year earnings is $1.96 per share. Sidoti also issued estimates for Quanex Building Products’ FY2026 earnings at $1.63 EPS, Q1 2027 earnings at ($0.07) EPS and Q2 2027 earnings at $0.46 EPS.

Quanex Building Products (NYSE:NX) last issued its quarterly earnings data on Thursday, March 5th. The construction company reported ($0.01) earnings per share (EPS) for the quarter, topping analysts’ consensus estimates 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 analyst estimates of $405.75 million.

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

Quanex Building Products Stock Performance

NX opened at $16.44 on Wednesday. The company has a market capitalization of $755.14 million, a price-to-earnings ratio of -3.13, a price-to-earnings-growth ratio of 0.61 and a beta of 0.95. The company has a debt-to-equity ratio of 0.93, a current ratio of 2.31 and a quick ratio of 1.21. Quanex Building Products has a 1-year low of $11.04 and a 1-year high of $22.98. The business has a 50 day moving average price of $18.63 and a two-hundred day moving average price of $17.40.

Quanex Building Products Announces Dividend

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

Institutional Investors Weigh In On Quanex Building Products

A number of institutional investors and hedge funds have recently modified their holdings of NX. Royal Bank of Canada lifted its position in shares of Quanex Building Products by 22.6% during the 1st quarter. Royal Bank of Canada now owns 25,578 shares of the construction company’s stock valued at $476,000 after acquiring an additional 4,720 shares during the last quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. lifted its position in shares of Quanex Building Products by 9.1% during the 1st quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 28,051 shares of the construction company’s stock valued at $521,000 after acquiring an additional 2,347 shares during the last quarter. Goldman Sachs Group Inc. lifted its position in shares of Quanex Building Products by 25.4% during the 1st quarter. Goldman Sachs Group Inc. now owns 246,666 shares of the construction company’s stock valued at $4,586,000 after acquiring an additional 49,895 shares during the last quarter. Jane Street Group LLC lifted its position in shares of Quanex Building Products by 887.4% during the 1st quarter. Jane Street Group LLC now owns 84,957 shares of the construction company’s stock valued at $1,579,000 after acquiring an additional 76,353 shares during the last quarter. Finally, Sei Investments Co. lifted its position in shares of Quanex Building Products by 8.0% during the 2nd quarter. Sei Investments Co. now owns 72,103 shares of the construction company’s stock valued at $1,363,000 after acquiring an additional 5,313 shares during the last quarter. Institutional investors and hedge funds own 97.48% of the company’s stock.

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.