Quanex Building Products Corporation (NX)

Quanex Building Products Corp.'s stock price has been impacted by several events in the past six months, including the Tyman acquisition integration, goodwill impairment, operational issues in Mexico, securities fraud lawsuits, and an analyst rating change. The Tyman acquisition significantly boosted net sales, but underlying organic growth remained muted. Multiple law firms have announced class-action lawsuits against Quanex Building Products Corporation alleging that the company made false and misleading statements between December 12, 2024, and September 5, 2025.

Demand for Quanex Building Products Corp.'s products and services exhibits seasonality tied to the residential and commercial construction markets. The company has observed normal seasonality unfolding, with sequential revenue improvement in early 2025. However, North American homebuilding typically enters a slow season, and overall demand can be influenced by factors such as mortgage rates.

Quanex Building Products Corporation is a manufacturer of engineered materials and components for the building products industry, operating within the Industrials sector. The company serves the residential and commercial construction markets, focusing on products that enhance energy efficiency and sustainability. Its major products are categorized into Engineered Products, Kitchen and Bath Components, and Specialty Products.

Quanex Building Products Corp. has a global presence with 67 locations worldwide and operations in over 90 countries, deriving a majority of its revenue from the United States. As of October 31, 2023, Quanex had 3,792 employees, with 3,053 domiciled in the U.S., 632 in the U.K., and 107 in Germany.

Quanex Building Products Corp.'s brand reputation has been affected by class-action lawsuits alleging false and misleading statements regarding underinvestment in tooling and equipment maintenance at its Tyman Mexico facility, leading to degradation of equipment and significant repair costs.

Quanex Building Products is primarily owned by institutional shareholders, who hold 101.18% of the company, with insiders owning 14.57% and retail investors holding 0.00%. Major institutional owners include BlackRock, Inc., Vanguard Group Inc., Teleios Capital Partners Gmbh, Allspring Global Investments Holdings LLC, Ameriprise Financial Inc, State Street Corp, Deprince Race Zollo Inc, and Dimensional Fund Advisors LP.