Roth Capital Has Positive Outlook for AZZ FY2026 Earnings

AZZ Inc. (NYSE:AZZ - Free Report) - Analysts at Roth Capital upped their FY2026 EPS estimates for AZZ in a research report issued to clients and investors on Friday, July 11th. Roth Capital analyst G. Sweeney now anticipates that the industrial products company will post earnings per share of $6.03 for the year, up from their prior forecast of $5.79. The consensus estimate for AZZ's current full-year earnings is $5.13 per share. Roth Capital also issued estimates for AZZ's Q4 2026 earnings at $1.15 EPS and FY2027 earnings at $6.31 EPS.

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

A number of other brokerages have also recently commented on AZZ. Sidoti cut AZZ from a "buy" rating to a "neutral" rating and set a $101.00 price target on the stock. in a research note on Monday, June 9th. Wall Street Zen raised AZZ from a "hold" rating to a "buy" rating in a research note on Saturday, July 12th. Robert W. Baird lifted their price target on AZZ from $90.00 to $110.00 and gave the stock a "neutral" rating in a research note on Friday, July 11th. Evercore ISI lifted their price target on AZZ from $90.00 to $108.00 and gave the stock an "outperform" rating in a research note on Wednesday, July 9th. Finally, Noble Financial reaffirmed an "outperform" rating on shares of AZZ in a research note on Monday. Four investment analysts have rated the stock with a hold rating, six have given a buy rating and one has issued a strong buy rating to the company's stock. According to MarketBeat, the stock presently has an average rating of "Moderate Buy" and a consensus price target of $108.00.

AZZ Trading Up 1.9%

AZZ stock traded up $2.10 during trading hours on Monday, reaching $111.79. The company had a trading volume of 460,990 shares, compared to its average volume of 221,846. 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 company has a 50-day moving average price of $94.52 and a 200 day moving average price of $89.77. The firm has a market cap of $3.35 billion, a price-to-earnings ratio of 12.95 and a beta of 1.24. AZZ has a 12-month low of $69.59 and a 12-month high of $113.58.

AZZ Increases Dividend

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

Insider Buying and Selling at AZZ

In other news, CEO Thomas E. Ferguson sold 18,851 shares of AZZ stock in a transaction that occurred on Monday, May 5th. The stock was sold at an average price of $89.91, for a total value of $1,694,893.41. Following the sale, the chief executive officer directly owned 192,607 shares in the company, valued at approximately $17,317,295.37. This trade represents a 8.91% decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Corporate insiders own 1.77% of the company's stock.

Institutional Investors Weigh In On AZZ

Several hedge funds have recently made changes to their positions in AZZ. US Bancorp DE boosted its position in shares of AZZ by 39.0% during the fourth quarter. US Bancorp DE now owns 463 shares of the industrial products company's stock valued at $38,000 after purchasing an additional 130 shares in the last quarter. Raymond James Financial Inc. bought a new stake in shares of AZZ during the fourth quarter valued at approximately $5,052,000. Amundi boosted its position in shares of AZZ by 184.2% during the fourth quarter. Amundi now owns 14,920 shares of the industrial products company's stock valued at $1,240,000 after purchasing an additional 9,671 shares in the last quarter. HighTower Advisors LLC boosted its position in shares of AZZ by 0.6% during the fourth quarter. HighTower Advisors LLC now owns 77,671 shares of the industrial products company's stock valued at $6,363,000 after purchasing an additional 450 shares in the last quarter. Finally, Farther Finance Advisors LLC boosted its position in shares of AZZ by 32.4% during the fourth quarter. Farther Finance Advisors LLC now owns 515 shares of the industrial products company's stock valued at $42,000 after purchasing an additional 126 shares in the last quarter. 90.93% of the stock is currently owned by institutional investors.

AZZ Company Profile

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.