Quanex Building Products Corp. (NX) to Release Earnings on Thursday
Quanex Building Products Corp. (NYSE:NX) will be posting its Q214 quarterly earnings results on Thursday, June 5th. Analysts expect Quanex Building Products Corp. to post earnings of $0.01 per share and revenue of $133.80 million for the quarter.
Shares of Quanex Building Products Corp. (NYSE:NX) opened at 17.46 on Wednesday. Quanex Building Products Corp. has a 52-week low of $15.66 and a 52-week high of $21.84. The stock’s 50-day moving average is $18.68 and its 200-day moving average is $19.16. The company’s market cap is $646.4 million.
The company also recently announced a quarterly dividend, which is scheduled for Monday, June 30th. Shareholders of record on Monday, June 16th will be paid a dividend of $0.04 per share. This represents a $0.16 annualized dividend and a dividend yield of 0.92%. The ex-dividend date is Thursday, June 12th.
A number of research firms have recently commented on NX. Analysts at Wedbush downgraded shares of Quanex Building Products Corp. from an “outperform” rating to a “neutral” rating in a research note on Thursday, May 22nd. They now have a $21.00 price target on the stock. On a related note, analysts at Zacks upgraded shares of Quanex Building Products Corp. from an “underperform” rating to a “neutral” rating in a research note on Tuesday, April 15th. They now have a $20.50 price target on the stock. Finally, analysts at BB&T Corp. upgraded shares of Quanex Building Products Corp. from a “hold” rating to a “buy” rating in a research note on Wednesday, April 9th. They now have a $26.00 price target on the stock. Three research analysts have rated the stock with a hold rating and three have issued a buy rating to the company. The stock has an average rating of “Buy” and a consensus target price of $22.63.
Quanex Building Products Corporation (NYSE:NX) operates in two business segments: Engineered Products and Aluminum Sheet Products.
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