Quanex Building Products Corporation (NX) Receives Daily News Sentiment Score of 0.15
News stories about Quanex Building Products Corporation (NYSE:NX) have been trending somewhat positive recently, according to Accern Sentiment Analysis. The research firm ranks the sentiment of press coverage by reviewing more than 20 million news and blog sources in real-time. Accern ranks coverage of publicly-traded companies on a scale of negative one to positive one, with scores closest to one being the most favorable. Quanex Building Products Corporation earned a media sentiment score of 0.15 on Accern’s scale. Accern also assigned headlines about the construction company an impact score of 45.8125409159869 out of 100, indicating that recent press coverage is somewhat unlikely to have an impact on the company’s share price in the near term.
NX has been the subject of several research analyst reports. BidaskClub lowered Quanex Building Products Corporation from a “sell” rating to a “strong sell” rating in a research report on Friday, August 18th. Zacks Investment Research raised Quanex Building Products Corporation from a “sell” rating to a “hold” rating in a research report on Thursday, August 10th. Sidoti initiated coverage on Quanex Building Products Corporation in a research report on Monday, August 7th. They set a “buy” rating for the company. TheStreet raised Quanex Building Products Corporation from a “c” rating to a “b-” rating in a research report on Wednesday, September 6th. Finally, KeyCorp reaffirmed a “hold” rating on shares of Quanex Building Products Corporation in a research report on Friday, October 27th. Two investment analysts have rated the stock with a sell rating, one has issued a hold rating and two have given a buy rating to the company. Quanex Building Products Corporation presently has a consensus rating of “Hold” and a consensus price target of $24.00.
Shares of Quanex Building Products Corporation (NYSE NX) remained flat at $$21.50 on Friday. The stock had a trading volume of 73,218 shares, compared to its average volume of 147,794. Quanex Building Products Corporation has a 12-month low of $15.45 and a 12-month high of $23.60. The company has a market cap of $740.55, a PE ratio of 25.29 and a beta of 0.70. The company has a current ratio of 1.79, a quick ratio of 0.93 and a debt-to-equity ratio of 0.61.
Quanex Building Products Corporation (NYSE:NX) last announced its quarterly earnings data on Wednesday, September 6th. The construction company reported $0.33 earnings per share for the quarter, missing the consensus estimate of $0.34 by ($0.01). Quanex Building Products Corporation had a return on equity of 7.87% and a net margin of 1.52%. The firm had revenue of $229.40 million during the quarter, compared to analysts’ expectations of $235.45 million. During the same period last year, the business posted $0.27 EPS. The company’s revenue was down 7.5% compared to the same quarter last year. sell-side analysts expect that Quanex Building Products Corporation will post 0.85 EPS for the current fiscal year.
In other Quanex Building Products Corporation news, VP Brent L. Korb sold 17,500 shares of the firm’s stock in a transaction dated Monday, September 25th. The stock was sold at an average price of $21.15, for a total value of $370,125.00. Following the completion of the transaction, the vice president now owns 94,679 shares in the company, valued at approximately $2,002,460.85. The sale was disclosed in a filing with the SEC, which can be accessed through the SEC website. 5.32% of the stock is owned by company insiders.
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Quanex Building Products Corporation Company Profile
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