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Home โบ Stocks โบ Quanex Building Products Corporation (NX) Stock Forecast & Price Prediction United States | NYSE | Industrials | Building Products & Equipment
$18.81
+0.36 (1.95%)10 Quality Stocks Worth Considering Now
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Based on our analysis of 3 Wall Street analysts, NX has a bullish consensus with a median price target of $34.50 (ranging from $28.00 to $42.00). The overall analyst rating is Strong Buy (10.0/10). Currently trading at $18.81, the median forecast implies a 83.4% upside. This outlook is supported by 2 Buy, 0 Hold, and 0 Sell ratings.
Conversely, the most conservative target is provided by Reuben Garner at Benchmark, suggesting a 48.9% upside.
Please note that analyst price targets are forward-looking estimates subject to substantial market, economic, and company-specific risks. Past performance does not guarantee future results, and actual stock performance may materially differ from these projections. Investors should conduct their own due diligence and consider their investment objectives and risk tolerance before making investment decisions.
These are the latest 20 analyst ratings and price targets for NX.
Date | Firm | Analyst | Rating | Change | Price Target |
---|---|---|---|---|---|
Sep 11, 2024 | Benchmark | Reuben Garner | Buy | Reiterates | $38.00 |
Apr 23, 2024 | Benchmark | Reuben Garner | Buy | Reiterates | $38.00 |
Mar 12, 2024 | Benchmark | Reuben Garner | Buy | Maintains | $38.00 |
Dec 19, 2023 | Benchmark | Reuben Garner | Buy | Maintains | $35.00 |
Sep 6, 2023 | Benchmark | Reuben Garner | Buy | Reiterates | $33.00 |
Mar 14, 2023 | Benchmark | Reuben Garner | Buy | Reiterates | $28.00 |
Mar 7, 2023 | Benchmark | Reuben Garner | Buy | Reiterates | $31.00 |
May 8, 2020 | Sidoti & Co. | Julio Romero | Buy | Maintains | $16.00 |
Apr 2, 2020 | Benchmark | Buy | Initiates | $0.00 | |
Mar 10, 2020 | Sidoti & Co. | Buy | Upgrade | $0.00 | |
Mar 15, 2019 | Seaport Global | Buy | Initiates | $0.00 | |
Dec 11, 2018 | Sidoti & Co. | Neutral | Maintains | $15.00 | |
Dec 18, 2017 | Wedbush | Neutral | Downgrade | $0.00 | |
Oct 18, 2016 | Keybanc | Sector Weight | Downgrade | $0.00 | |
Oct 18, 2016 | KeyBanc | Sector Weight | Downgrade | $0.00 | |
Jun 10, 2016 | KeyBanc | Overweight | Upgrade | $0.00 | |
Jun 10, 2016 | Keybanc | Overweight | Upgrade | $0.00 | |
Mar 14, 2016 | Wedbush | Outperform | Upgrade | $0.00 | |
Sep 1, 2015 | Imperial Capital | Outperform | Maintains | $22.00 | |
Jun 25, 2015 | Imperial Capital | Outperform | Upgrade | $23.50 |
The following stocks are similar to Quanex based on their market capitalization and industry sector. These similar stocks potentially provide investors with alternative investment opportunities within the same market segment.
Quanex Building Products Corporation has a market capitalization of $871.40M with a P/E ratio of 47.3x. The company generates $1.44B in trailing twelve-month revenue with a 0.8% profit margin.
Revenue growth is +67.3% quarter-over-quarter, while maintaining an operating margin of +0.2% and return on equity of +1.6%.
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Manufactures engineered components for building products.
Quanex Building Products Corporation generates revenue by designing and producing window and door components primarily for original equipment manufacturers (OEMs) in the construction and fenestration industries. The company focuses on providing innovative, sustainable solutions that enhance energy efficiency and meet various architectural standards.
Headquartered in Houston, Texas, Quanex is involved in key industries such as construction, real estate, and green building initiatives. The company is committed to sustainable practices and contributes to technological advancements in the building materials market.
Industrials
Building Products & Equipment
7,068
Mr. George L. Wilson
United States
1987
Zacks emphasizes its Rank system based on earnings estimates to identify strong stocks, while also monitoring value, growth, and momentum trends for investment insights.
The Zacks Rank system highlights stocks with favorable earnings estimates, indicating potential for growth, making it a valuable tool for identifying investment opportunities.
Investors in the Building Products - Miscellaneous sector are comparing Quanex Building Products (NX) and Construction Partners (ROAD) for potential value opportunities.
The comparison between Quanex Building Products and Construction Partners signals potential investment opportunities within the Building Products sector, influencing stock selection and portfolio strategy.
FTDR, ROCK, NX, and ASPN may benefit from increased government spending and a focus on operational efficiencies, despite facing challenges.
Increased government spending and operational efficiencies could enhance profitability and growth prospects for FTDR, ROCK, NX, and ASPN, positively impacting their stock performance.
Investors are comparing Quanex Building Products (NX) and Construction Partners (ROAD) for potential undervalued stock opportunities in the Building Products sector.
The comparison of Quanex Building Products and Construction Partners highlights potential investment opportunities, indicating which stock may offer better value in the building products sector.
Investors in the Building Products - Miscellaneous sector may consider Quanex Building Products (NX) and Construction Partners (ROAD) as potential undervalued stock options.
The excerpt highlights potential investment opportunities in undervalued stocks within the Building Products sector, indicating a competitive analysis between Quanex and Construction Partners.
Quanex (NX) has received a Zacks Rank #1 (Strong Buy) upgrade, indicating increased optimism about its earnings, which could lead to a stock price increase.
The Zacks Rank #1 upgrade signals strong earnings potential for Quanex (NX), likely attracting investors and driving the stock price up in the near term.
Based on our analysis of 3 Wall Street analysts, Quanex Building Products Corporation (NX) has a median price target of $34.50. The highest price target is $42.00 and the lowest is $28.00.
According to current analyst ratings, NX has 2 Buy ratings, 0 Hold ratings, and 0 Sell ratings. The stock is currently trading at $18.81. Always conduct your own research and consider your investment goals before making investment decisions.
Wall Street analysts predict NX stock could reach $34.50 in the next 12 months. This represents a 83.4% increase from the current price of $18.81. Please note that this is a projection by Wall Street analysts and not a guarantee.
Quanex Building Products Corporation generates revenue by designing and producing window and door components primarily for original equipment manufacturers (OEMs) in the construction and fenestration industries. The company focuses on providing innovative, sustainable solutions that enhance energy efficiency and meet various architectural standards.
The highest price target for NX is $42.00 from at , which represents a 123.3% increase from the current price of $18.81.
The lowest price target for NX is $28.00 from Reuben Garner at Benchmark, which represents a 48.9% increase from the current price of $18.81.
The overall analyst consensus for NX is bullish. Out of 3 Wall Street analysts, 2 rate it as Buy, 0 as Hold, and 0 as Sell, with a median price target of $34.50.
Stock price projections, including those for Quanex Building Products Corporation, are based on various factors including financial models, market conditions, and analyst forecasts. While these predictions provide valuable insights, they should be considered alongside your own research and risk tolerance.
The information provided by Ticker Nerd is for educational and informational purposes only. It should not be considered financial or investment advice. Past performance is not indicative of future results. Always conduct your own research and consult with a qualified financial advisor before making any investment decisions. Analyst ratings and price forecasts are sourced from Wall St analysts and other experts. These projections are speculative and do not guarantee future stock performance.