Media stories about Quanex Building Products (NYSE:NX) have been trending somewhat negative recently, according to Accern Sentiment Analysis. The research firm scores the sentiment of media coverage by analyzing more than twenty million blog and news sources in real time. Accern ranks coverage of companies on a scale of -1 to 1, with scores nearest to one being the most favorable. Quanex Building Products earned a news sentiment score of -0.01 on Accern’s scale. Accern also assigned media stories about the construction company an impact score of 46.6157971933266 out of 100, indicating that recent media coverage is somewhat unlikely to have an effect on the company’s share price in the near future.
Here are some of the news articles that may have effected Accern Sentiment’s analysis:
Shares of Quanex Building Products traded down $0.05, hitting $18.95, during trading hours on Friday, MarketBeat Ratings reports. 304,644 shares of the company’s stock traded hands, compared to its average volume of 310,324. Quanex Building Products has a 12-month low of $16.25 and a 12-month high of $24.60. The firm has a market cap of $666.16 million, a PE ratio of 24.61 and a beta of 0.76. The company has a debt-to-equity ratio of 0.50, a current ratio of 1.93 and a quick ratio of 0.98.
Quanex Building Products (NYSE:NX) last announced its earnings results on Monday, June 4th. The construction company reported $0.14 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.11 by $0.03. Quanex Building Products had a return on equity of 6.77% and a net margin of 3.46%. The firm had revenue of $214.00 million during the quarter, compared to analyst estimates of $212.86 million. During the same period last year, the firm posted $0.11 EPS. The business’s revenue was up 2.4% compared to the same quarter last year. equities analysts anticipate that Quanex Building Products will post 0.91 EPS for the current fiscal year.
The company also recently declared a quarterly dividend, which will be paid on Saturday, June 30th. Stockholders of record on Friday, June 15th will be paid a dividend of $0.04 per share. The ex-dividend date is Thursday, June 14th. This represents a $0.16 annualized dividend and a dividend yield of 0.84%. Quanex Building Products’s payout ratio is 20.78%.
Several equities research analysts have recently issued reports on NX shares. TheStreet lowered Quanex Building Products from a “b-” rating to a “c” rating in a research report on Monday, March 5th. Zacks Investment Research lowered Quanex Building Products from a “strong-buy” rating to a “hold” rating in a research report on Thursday, March 1st. ValuEngine raised Quanex Building Products from a “sell” rating to a “hold” rating in a research report on Wednesday, June 6th. Finally, Sidoti lowered Quanex Building Products from a “buy” rating to a “neutral” rating in a research report on Friday, June 8th. Two equities research analysts have rated the stock with a sell rating and four have given a hold rating to the company. The company has an average rating of “Hold” and an average price target of $22.50.
About Quanex Building Products
Quanex Building Products Corporation, together with its subsidiaries, provides components for the fenestration industry worldwide. It operates through three segments: North American Engineered Components, European Engineered Components, and North American Cabinet Components. The company offers flexible insulating glass spacers; extruded vinyl profiles; window and door screens; cabinet doors and other components for original equipment manufacturers (OEMs) in the kitchen and bathroom cabinet industry; and precision-formed metal and wood products, as well as solar panel sealants, trim moldings, vinyl decking and fencing products, water retention barriers, and conservatory roof components.
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