Quanex Building Products

NX · NYSE

$19.68+$0.57 (+2.98%)TodayMarket closed · Oct 20, 7:30 PM ET

Prev close $19.11

NX analyst rating

BuyConsensus of 1 analyst over the last 12 months. 100% rate it a buy.

Strong buy0
Buy1
Hold0
Underperform0
Sell0

12-month price target · 7 analysts

Average $27.28 (+38.6% upside)

Low: $23.23
Now: $19.68
High: $31.50

Upgrades and downgrades

The latest rating actions, newest first

NX analyst upgrades, downgrades and rating actions
Firm	Date	Action	Rating	Price target	Hit rate
StoneX	Sep 10, 2026	Maintains	Buy	$28.00	52%
Benchmark	Dec 15, 2025	Maintains	Buy	$30.00 → $28.00	52%

The case for and against

Updated Nov 27, 2024

Bull case

Quanex Building Products Corp is poised for growth, with management guiding for a 2-4% increase in North American Fenestration revenue and raising its earnings per share (EPS) estimates to $2.40 and $2.60, indicating positive financial momentum. The company's commitment to increased investment in new product development signals a strategic effort to outperform market growth, enhancing its competitive positioning. Additionally, the anticipated synergies from potential cross-selling opportunities and higher-margin product offerings are expected to further improve the overall margin profile, reinforcing a favorable outlook for the business.

Bear case

Quanex Building Products Corp experienced a 7.4% year-over-year decline in sales, although performance was better than expected, and profitability remained stable with EBITDA down only 5.8%. Preliminary guidance for the first half of 2024 indicates continuing volume declines, particularly in the North American Fenestration segment, which is crucial for overall revenue. Additionally, the North American Cabinet Components segment has faced significant challenges, posting a 21.1% decline, reflecting overall weakness in customer demand amid broader macroeconomic pressures.

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