What is Noble Financial's Forecast for AZZ FY2026 Earnings?

AZZ Inc. (NYSE:AZZ - Free Report) - Stock analysts at Noble Financial increased their FY2026 earnings estimates for AZZ in a research note issued to investors on Monday, July 14th. Noble Financial analyst M. Reichman now anticipates that the industrial products company will post earnings of $6.00 per share for the year, up from their prior estimate of $5.83. Noble Financial has a "Outperform" rating on the stock. The consensus estimate for AZZ's current full-year earnings is $5.13 per share. Noble Financial also issued estimates for AZZ's FY2027 earnings at $6.48 EPS, FY2029 earnings at $7.02 EPS and FY2030 earnings at $7.33 EPS.

Several other equities analysts have also commented on AZZ. Sidoti lowered shares of AZZ from a "buy" rating to a "neutral" rating and set a $101.00 price target for the company. in a research report on Monday, June 9th. Robert W. Baird increased their price objective on shares of AZZ from $90.00 to $110.00 and gave the stock a "neutral" rating in a research report on Friday, July 11th. Evercore ISI increased their price objective on shares of AZZ from $90.00 to $108.00 and gave the stock an "outperform" rating in a research report on Wednesday, July 9th. Finally, Wall Street Zen raised shares of AZZ from a "hold" rating to a "buy" rating in a research report on Saturday, July 12th. Four research 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 company's stock. According to data from MarketBeat, AZZ has a consensus rating of "Moderate Buy" and an average price target of $108.00.

AZZ Trading Down 0.3%

AZZ stock traded down $0.38 on Tuesday, hitting $111.52. 210,407 shares of the company were exchanged, compared to its average volume of 221,861. AZZ has a twelve month low of $69.59 and a twelve month high of $113.58. The company has a debt-to-equity ratio of 0.47, a current ratio of 1.51 and a quick ratio of 1.10. The business's fifty day moving average is $94.52 and its two-hundred day moving average is $89.77. The stock has a market capitalization of $3.35 billion, a price-to-earnings ratio of 12.91 and a beta of 1.24.

AZZ (NYSE:AZZ - Get Free Report) last announced its quarterly earnings data on Wednesday, July 9th. The industrial products company reported $1.78 earnings per share (EPS) for the quarter, beating the consensus estimate of $1.59 by $0.19. The business had revenue of $421,962 billion for the quarter, compared to the consensus estimate of $435.91 million. AZZ had a net margin of 16.40% and a return on equity of 15.54%. The company's quarterly revenue was up 2.1% compared to the same quarter last year. During the same quarter in the prior year, the firm posted $1.46 earnings per share.

Institutional Investors Weigh In On AZZ

Large investors have recently added to or reduced their stakes in the company. Signaturefd LLC grew its holdings in AZZ by 110.0% during the 1st quarter. Signaturefd LLC now owns 399 shares of the industrial products company's stock valued at $33,000 after purchasing an additional 209 shares in the last quarter. GAMMA Investing LLC boosted its stake in AZZ by 39.6% during the 2nd quarter. GAMMA Investing LLC now owns 374 shares of the industrial products company's stock valued at $35,000 after acquiring an additional 106 shares during the last quarter. US Bancorp DE boosted its stake in AZZ by 39.0% during the 4th quarter. US Bancorp DE now owns 463 shares of the industrial products company's stock valued at $38,000 after acquiring an additional 130 shares during the last quarter. Farther Finance Advisors LLC boosted its stake in AZZ by 32.4% during the 4th quarter. Farther Finance Advisors LLC now owns 515 shares of the industrial products company's stock valued at $42,000 after acquiring an additional 126 shares during the last quarter. Finally, Quarry LP boosted its stake in AZZ by 2,150.0% during the 4th quarter. Quarry LP now owns 855 shares of the industrial products company's stock valued at $70,000 after acquiring an additional 817 shares during the last quarter. 90.93% of the stock is owned by institutional investors and hedge funds.

Insiders Place Their Bets

In related news, CEO Thomas E. Ferguson sold 18,851 shares of the firm's stock in a transaction on Monday, May 5th. The shares were sold at an average price of $89.91, for a total transaction of $1,694,893.41. Following the completion of the sale, the chief executive officer directly owned 192,607 shares of the company's stock, valued at approximately $17,317,295.37. This trade represents a 8.91% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. Insiders own 1.77% of the company's stock.

AZZ Increases Dividend

The company also recently declared a quarterly dividend, which will be paid on Thursday, July 31st. Investors of record on Thursday, July 10th will be issued a dividend of $0.20 per share. This represents a $0.80 dividend on an annualized basis and a yield of 0.72%. This is a positive change from AZZ's previous quarterly dividend of $0.17. The ex-dividend date of this dividend is Thursday, July 10th. AZZ's dividend payout ratio (DPR) is presently 9.27%.

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.