Media coverage about Quanex Building Products Corporation (NYSE:NX) has trended somewhat positive this week, Accern Sentiment Analysis reports. The research group scores the sentiment of media coverage by analyzing more than 20 million news and blog sources. Accern ranks coverage of companies on a scale of negative one to one, with scores closest to one being the most favorable. Quanex Building Products Corporation earned a news impact score of 0.05 on Accern’s scale. Accern also gave news headlines about the construction company an impact score of 36 out of 100, meaning that recent media coverage is unlikely to have an effect on the stock’s share price in the near future.
Shares of Quanex Building Products Corporation (NX) traded down 0.814% on Monday, hitting $21.325. 27,624 shares of the company traded hands. The stock’s market capitalization is $728.40 million. The firm’s 50 day moving average price is $20.47 and its 200-day moving average price is $20.14. Quanex Building Products Corporation has a 1-year low of $15.41 and a 1-year high of $21.90.
Quanex Building Products Corporation (NYSE:NX) last released its earnings results on Tuesday, May 30th. The construction company reported $0.11 earnings per share for the quarter, topping analysts’ consensus estimates of $0.05 by $0.06. Quanex Building Products Corporation had a positive return on equity of 7.70% and a negative net margin of 0.09%. The business had revenue of $209.10 million for the quarter, compared to analyst estimates of $205.27 million. During the same quarter last year, the firm posted $0.11 earnings per share. The business’s revenue was down 8.9% compared to the same quarter last year. On average, equities research analysts expect that Quanex Building Products Corporation will post $0.78 earnings per share for the current year.
The firm also recently announced a quarterly dividend, which was paid on Friday, June 30th. Shareholders of record on Thursday, June 15th were paid a $0.04 dividend. The ex-dividend date of this dividend was Tuesday, June 13th. This represents a $0.16 dividend on an annualized basis and a yield of 0.74%. Quanex Building Products Corporation’s payout ratio is -533.16%.
In other Quanex Building Products Corporation news, SVP Kevin P. Delaney sold 59,700 shares of the stock in a transaction on Tuesday, June 20th. The stock was sold at an average price of $21.35, for a total value of $1,274,595.00. Following the sale, the senior vice president now owns 133,471 shares in the company, valued at $2,849,605.85. The transaction was disclosed in a legal filing with the SEC, which is accessible through the SEC website. Also, SVP Kevin P. Delaney sold 21,275 shares of the stock in a transaction on Monday, July 3rd. The stock was sold at an average price of $21.16, for a total value of $450,179.00. Following the completion of the sale, the senior vice president now owns 103,963 shares in the company, valued at approximately $2,199,857.08. The disclosure for this sale can be found here. In the last quarter, insiders sold 104,809 shares of company stock worth $2,230,713. Insiders own 5.32% of the company’s stock.
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Quanex Building Products Corporation Company Profile
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