<div id="readability-page-1"><p>Quanex Building Products Corporation (NYSE:NX - Get Free Report) fell 6.2% during trading on Monday after Benchmark lowered their price target on the stock from $30.00 to $28.00. Benchmark currently has a buy rating on the stock. Quanex Building Products traded as low as $14.68 and last traded at $15.4920. 148,649 shares were traded  during mid-day trading, a decline of 72% from the average session volume of 532,376 shares. The stock had previously closed at $16.52.</p><ul><li>3 Bargain Stocks Under $20 With Major Growth Potential</li></ul><p>NX has been the subject of a number of other reports. Zacks Research upgraded shares of Quanex Building Products from a &#34;strong sell&#34; rating to a &#34;hold&#34; rating in a research report on Monday, November 10th. Weiss Ratings  reiterated a &#34;sell (d)&#34; rating on shares of Quanex Building Products in a report on Wednesday, October 8th. One equities research analyst  has rated the stock with a Buy rating, one  has issued  a Hold rating and one  has given a Sell rating to the stock. Based on data from MarketBeat, Quanex Building Products presently has an average rating of &#34;Hold&#34; and a consensus price target of $28.00.</p><p><b>Check Out Our Latest Stock Report on Quanex Building Products</b></p><h2>Hedge Funds Weigh In On Quanex Building Products</h2><ul><li>Invest While You Can: Pullbacks on These 3 Stocks Won’t Last Long</li></ul><p>Hedge funds have recently made changes to their positions in the stock. Danske Bank A S acquired a new stake in  Quanex Building Products in the third quarter valued at approximately $26,000.  CWM LLC grew its stake in shares of  Quanex Building Products by 104.5% during the second quarter. CWM LLC now owns 1,468 shares of the construction company's stock worth $28,000 after purchasing an additional 750 shares in the last quarter.  Allworth Financial LP grew its stake in shares of  Quanex Building Products by 17,191.7% during the second quarter. Allworth Financial LP now owns 2,075 shares of the construction company's stock worth $39,000 after purchasing an additional 2,063 shares in the last quarter.  Quarry LP raised its stake in  Quanex Building Products by 132.0% in the third quarter. Quarry LP now owns 3,754 shares of the construction company's stock valued at $53,000 after buying an additional 2,136 shares in the last quarter.  Finally, Byrne Asset Management LLC purchased a new stake in  Quanex Building Products during the 3rd quarter worth about $72,000. Hedge funds and other institutional investors own  97.48% of the company's stock. </p><h2>Quanex Building Products Trading Down 6.1%</h2><p>The firm has a market capitalization of $711.37 million, a price-to-earnings ratio of -2.82, a PEG ratio of 0.55 and a beta of 0.97. The company has a debt-to-equity ratio of 0.92, a quick ratio of 1.14 and a current ratio of 2.04. The company has a 50-day moving average price of $13.72 and a 200-day moving average price of $16.86. </p><ul><li>Why These Nuclear Stocks Could Beat Solar and Wind Energy Stocks</li></ul><p>Quanex Building Products (NYSE:NX - Get Free Report) last posted its earnings results on Thursday, December 11th. The construction company reported $0.83 earnings per share for the quarter, topping the consensus estimate of $0.50 by $0.33. Quanex Building Products had a positive return on equity of 12.46% and a negative net margin of 13.65%.The firm had revenue of $489.85 million during the quarter, compared to analysts' expectations of $472.62 million. During the same quarter in the previous year, the business earned $0.61 earnings per share.  As a group, research analysts forecast that  Quanex Building Products Corporation will post 2.18 EPS for the current fiscal year. </p><h2>Quanex Building Products Dividend Announcement</h2><p>The business also recently disclosed a quarterly dividend, which will be paid on Wednesday, December 31st. Shareholders of record on Monday, December 15th will be paid a $0.08 dividend. This represents a $0.32 annualized dividend and a yield of 2.1%. The ex-dividend date is Monday, December 15th. Quanex Building Products's dividend payout ratio  is currently -5.83%. </p><h2>About Quanex Building Products</h2> (Get Free Report)<p>Quanex Building Products Corporation, together with its subsidiaries, provides components for the fenestration industry in the United States, rest of Europe, Canada, Asia, the United Kingdom, and internationally. The company operates through three segments: North American Fenestration, European Fenestration, and North American Cabinet Components.</p><h2>See Also</h2><ul><li>Five stocks we like better than Quanex Building Products</li><li>How to trade penny stocks: A step-by-step guide</li><li>3 Companies Turning Big Cash Flow Into Bigger Shareholder Gains</li><li>Upcoming IPO Stock Lockup Period, Explained</li><li>GOOGL's Unstoppable Momentum Drives Price Targets to Record Highs</li><li>3 REITs to Buy and Hold for the Long Term</li><li>3 Underrated Robotics Stocks Poised for Huge Gains</li></ul><p><em>This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest reporting and unbiased coverage. Please send any questions or comments about this story to contact@marketbeat.com.</em></p><h2>Should You Invest $1,000 in Quanex Building Products Right Now?</h2><p>Before you consider Quanex Building Products, you'll want to hear this.</p><p>MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and Quanex Building Products wasn't on the list.</p><p>While Quanex Building Products currently has a Hold rating among analysts, top-rated analysts believe these five stocks are better buys.</p><p>View The Five Stocks Here</p>                  </div>

<p>Quanex Building Products (NYSE:NX) shares fell 6.2% after Benchmark lowered their price target from $30.00 to $28.00, maintaining a buy rating. The stock traded as low as $14.68 and last at $15.4920, with a 72% decline in trading volume. Other analysts have mixed ratings on the stock. Hedge funds have adjusted their positions, and the company reported strong earnings for the last quarter. A quarterly dividend of $0.08 will be paid on December 31st.</p>

Quanex Building Products (NYSE:NX) Shares Down 6.2% After Analyst Downgrade