Q2 Earnings Estimate for AZZ Issued By B. Riley (NYSE:AZZ)

AZZ Inc. (NYSE:AZZ - Free Report) - B. Riley upped their Q2 2026 EPS estimates for shares of AZZ in a research note issued to investors on Wednesday, April 23rd. B. Riley analyst N. Giles now expects that the industrial products company will post earnings per share of $1.60 for the quarter, up from their previous estimate of $1.46. B. Riley currently has a "Buy" rating and a $111.00 price target on the stock. The consensus estimate for AZZ's current full-year earnings is $5.13 per share. B. Riley also issued estimates for AZZ's FY2026 earnings at $6.03 EPS, Q1 2027 earnings at $1.79 EPS, Q2 2027 earnings at $1.69 EPS, Q3 2027 earnings at $1.71 EPS, Q4 2027 earnings at $1.59 EPS and FY2027 earnings at $6.78 EPS.

Other analysts have also issued research reports about the stock. Noble Financial restated an "outperform" rating on shares of AZZ in a research report on Thursday, March 6th. Sidoti upgraded shares of AZZ from a "neutral" rating to a "buy" rating and set a $101.00 target price on the stock in a research report on Wednesday, April 9th. Roth Capital upgraded shares of AZZ to a "strong-buy" rating in a research report on Tuesday, February 11th. Finally, Roth Mkm began coverage on shares of AZZ in a research report on Tuesday, February 11th. They issued a "buy" rating and a $108.00 target price on the stock. Four analysts have rated the stock with a hold rating, six have given a buy rating and one has assigned a strong buy rating to the company. According to MarketBeat, the company presently has an average rating of "Moderate Buy" and a consensus price target of $100.71.

AZZ Price Performance

AZZ stock traded down $1.69 during mid-day trading on Friday, reaching $86.45. The company had a trading volume of 73,747 shares, compared to its average volume of 232,385. AZZ has a fifty-two week low of $69.59 and a fifty-two week high of $99.49. The company has a current ratio of 1.77, a quick ratio of 1.26 and a debt-to-equity ratio of 0.85. The company has a market cap of $2.59 billion, a P/E ratio of 58.41, a P/E/G ratio of 1.32 and a beta of 1.22. The business has a fifty day simple moving average of $85.55 and a 200 day simple moving average of $86.49.

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

Hedge Funds Weigh In On AZZ

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

AZZ Announces Dividend

The firm also recently declared a quarterly dividend, which will be paid on Thursday, May 15th. Stockholders of record on Thursday, April 24th will be issued 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 dividend yield of 0.79%. AZZ's dividend payout ratio (DPR) is presently 42.77%.

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.