Brokers Issue Forecasts for AZZ's Q1 Earnings (NYSE:AZZ)

AZZ Inc. (NYSE:AZZ - Free Report) - Stock analysts at Roth Capital raised their Q1 2026 earnings per share (EPS) estimates for AZZ in a report issued on Thursday, April 24th. Roth Capital analyst G. Sweeney now anticipates that the industrial products company will post earnings of $1.55 per share for the quarter, up from their prior forecast of $1.49. Roth Capital currently has a "Strong-Buy" rating on the stock. The consensus estimate for AZZ's current full-year earnings is $5.13 per share. Roth Capital also issued estimates for AZZ's Q3 2026 earnings at $1.54 EPS, Q4 2026 earnings at $1.14 EPS, FY2026 earnings at $5.79 EPS and FY2027 earnings at $6.30 EPS.

AZZ has been the subject of several other research reports. Roth Mkm started coverage on AZZ in a research report on Tuesday, February 11th. They set a "buy" rating and a $108.00 price objective for the company. Noble Financial reissued an "outperform" rating on shares of AZZ in a research report on Thursday, March 6th. Sidoti raised AZZ from a "neutral" rating to a "buy" rating and set a $101.00 price target for the company in a report on Wednesday, April 9th. Finally, B. Riley upped their price objective on AZZ from $99.00 to $111.00 and gave the company a "buy" rating in a research note on Tuesday, February 11th. Four investment analysts have rated the stock with a hold rating, six have assigned a buy rating and one has assigned a strong buy rating to the stock. According to MarketBeat, the stock has an average rating of "Moderate Buy" and a consensus price target of $100.71.

AZZ Stock Performance

Shares of NYSE AZZ traded down $1.69 during trading hours on Friday, hitting $86.45. 73,747 shares of the company's stock were exchanged, compared to its average volume of 232,385. AZZ has a 1-year low of $69.59 and a 1-year high of $99.49. The company has a debt-to-equity ratio of 0.85, a current ratio of 1.77 and a quick ratio of 1.26. The stock has a market capitalization of $2.59 billion, a price-to-earnings ratio of 58.41, a PEG ratio of 1.32 and a beta of 1.22. The company's 50-day moving average price is $85.55 and its 200-day moving average price is $86.49.

AZZ (NYSE:AZZ - Get Free Report) last announced its quarterly earnings results on Monday, April 21st. The industrial products company reported $0.98 earnings per share for the quarter, topping analysts' consensus estimates of $0.95 by $0.03. AZZ had a return on equity of 16.99% and a net margin of 7.94%. The company had revenue of $351.88 million during the quarter, compared to analysts' expectations of $367.78 million.

AZZ Announces Dividend

The firm also recently declared a quarterly dividend, which will be paid on Thursday, May 15th. Investors of record on Thursday, April 24th will be given a dividend of $0.17 per share. The ex-dividend date of this dividend is Thursday, April 24th. This represents a $0.68 dividend on an annualized basis and a yield of 0.79%. AZZ's dividend payout ratio (DPR) is presently 42.77%.

Institutional Investors Weigh In On AZZ

A number of large investors have recently bought and sold shares of AZZ. T. Rowe Price Investment Management Inc. raised its holdings in AZZ by 4.8% during the 4th quarter. T. Rowe Price Investment Management Inc. now owns 2,729,287 shares of the industrial products company's stock worth $223,584,000 after purchasing an additional 124,392 shares during the last quarter. Dimensional Fund Advisors LP raised its holdings in AZZ by 2.7% during the 4th quarter. Dimensional Fund Advisors LP now owns 1,110,831 shares of the industrial products company's stock worth $90,999,000 after purchasing an additional 29,306 shares during the last quarter. Wellington Management Group LLP raised its holdings in AZZ by 19.2% during the 4th quarter. Wellington Management Group LLP now owns 882,308 shares of the industrial products company's stock worth $72,279,000 after purchasing an additional 142,215 shares during the last quarter. Northern Trust Corp raised its holdings in AZZ by 22.2% during the 4th quarter. Northern Trust Corp now owns 352,225 shares of the industrial products company's stock worth $28,854,000 after purchasing an additional 64,023 shares during the last quarter. Finally, Boston Partners raised its holdings in AZZ by 5.4% during the 4th quarter. Boston Partners now owns 311,938 shares of the industrial products company's stock worth $25,852,000 after purchasing an additional 15,952 shares during the last quarter. 90.93% of the stock is currently owned by institutional investors.

About AZZ

AZZ Inc provides hot-dip galvanizing and coil coating solutions in North America. It offers metal finishing solutions for corrosion protection, including hot-dip galvanizing, spin galvanizing, powder coating, anodizing, and plating to steel fabrication and other industries, as well as to fabricators or manufacturers that provide services to the transmission and distribution, bridge and highway, petrochemical, and general industrial markets; and original equipment manufacturers.