QuanexNX
Market Cap: $1.31B
About: Quanex Building Products Corp is a manufacturer of components sold to original equipment manufacturers in the building products industry. It manufactures engineered products like window and door components that include flexible insulating glass spacers, extruded vinyl profiles, window and door screens, solar panel sealants and precision-formed metal and wood products among others. Its three operating segments are North American Fenestration being the key revenue driver, European Fenestration, and North American Cabinet Components. Geographically, it derives a majority of revenue from the United States.
Employees: 3,792
Fund manager confidence
Based on 2024 Q2 SEC filings by fund managers ($100M+ AUM)
30% more first-time investments, than exits
New positions opened: 35 | Existing positions closed: 27
28% more repeat investments, than reductions
Existing positions increased: 73 | Existing positions reduced: 57
4% more funds holding
Funds holding: 185 [Q1] → 193 (+8) [Q2]
0.64% more ownership
Funds ownership: 100.49% [Q1] → 101.13% (+0.64%) [Q2]
27% less capital invested
Capital invested by funds: $1.28B [Q1] → $925M (-$350M) [Q2]
50% less call options, than puts
Call options by funds: $3K | Put options by funds: $6K
Research analyst outlook
1 Wall Street Analyst provided 1 year price targets over the past 3 months
1 analyst rating
Benchmark Reuben Garner 64% 1-year accuracy 25 / 39 met price target | 37%upside $38 | Buy Reiterated | 11 Sept 2024 |
Financial journalist opinion
Based on 7 articles about NX published over the past 30 days