Quanex Building Products Corporation
NX
Bullish$23.57+2.80%3D · 2026-09-10Predicted move
+2.80%Target $23.57
Actual move at settlement
-8.02%Confirmed close $21.09
Both measured from $22.93 on 2026-09-04 · Target close 2026-09-10
Direction missed
How this is scored
Direction correct: 50 points. Move error of up to 0.5 / 1 / 2 / 3 / 5 percentage points earns 50 / 45 / 35 / 25 / 10 magnitude points; larger errors earn 0. A wrong direction can still earn magnitude points. A flat close matches neither direction. Points are not returns.
Thesis
Q3 FY26 (ended Jul 31) beat: adj EPS $0.79 vs ~$0.66 street; sales $501.8M (+1.3%). Fri Sep 4 close $22.93 (+22.2%) on ~4.9x avg volume, held near $23.23 high into Labor Day. Q4 guide: +2-3% sales and +50-75bps adj EBITDA margin with fuller pricing benefit. Thesis: mild 3D post-earnings drift while still below ~$28 consensus target. Invalidation: sustained break back through ~$20.63 gap-open / fill zone. Housing volumes still soft; not a multi-week call.
Chart
Reference chart may include later prices. Settlement uses the confirmed target-date close above.
Discussion
No discussion yet. Add evidence, a question, or a different interpretation.
Log in to comment