DA Davidson Forecasts AZEK's Q3 Earnings (NYSE:AZEK)

The AZEK Company Inc. (NYSE:AZEK - Free Report) - Equities researchers at DA Davidson issued their Q3 2025 EPS estimates for AZEK in a research note issued to investors on Wednesday, May 7th. DA Davidson analyst K. Yinger forecasts that the company will post earnings per share of $0.39 for the quarter. The consensus estimate for AZEK's current full-year earnings is $1.34 per share. DA Davidson also issued estimates for AZEK's FY2025 earnings at $1.29 EPS.

AZEK (NYSE:AZEK - Get Free Report) last announced its earnings results on Tuesday, May 6th. The company reported $0.45 EPS for the quarter, topping the consensus estimate of $0.44 by $0.01. The company had revenue of $452.23 million for the quarter, compared to analysts' expectations of $444.75 million. AZEK had a net margin of 9.85% and a return on equity of 13.47%. The business's revenue for the quarter was up 8.1% on a year-over-year basis. During the same period last year, the firm earned $0.39 earnings per share.

Other research analysts have also recently issued reports about the stock. Stephens decreased their price objective on shares of AZEK from $58.00 to $53.00 and set an "equal weight" rating on the stock in a research note on Thursday, May 8th. UBS Group decreased their target price on shares of AZEK from $55.00 to $51.00 and set a "neutral" rating on the stock in a research note on Wednesday, May 7th. Baird R W cut shares of AZEK from a "strong-buy" rating to a "hold" rating in a research note on Monday, March 24th. Loop Capital decreased their target price on shares of AZEK from $55.00 to $49.00 and set a "hold" rating on the stock in a research note on Thursday, April 17th. Finally, Wolfe Research reaffirmed a "peer perform" rating on shares of AZEK in a research note on Wednesday, March 26th. Ten research analysts have rated the stock with a hold rating and seven have assigned a buy rating to the company. According to MarketBeat.com, the company currently has an average rating of "Hold" and a consensus price target of $53.93.

AZEK Price Performance

NYSE:AZEK traded up $0.47 during mid-day trading on Thursday, reaching $51.96. The stock had a trading volume of 1,511,806 shares, compared to its average volume of 2,213,707. The stock has a 50-day simple moving average of $46.54 and a two-hundred day simple moving average of $48.19. The stock has a market capitalization of $7.47 billion, a PE ratio of 52.48, a P/E/G ratio of 1.91 and a beta of 1.86. The company has a debt-to-equity ratio of 0.31, a current ratio of 2.56 and a quick ratio of 1.19. AZEK has a 12 month low of $35.48 and a 12 month high of $54.91.

Insider Activity at AZEK

In related news, CEO Jesse G. Singh sold 15,000 shares of the business's stock in a transaction on Monday, March 10th. The shares were sold at an average price of $41.03, for a total value of $615,450.00. Following the transaction, the chief executive officer now owns 868,765 shares in the company, valued at $35,645,427.95. The trade was a 1.70% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at this hyperlink. 3.20% of the stock is owned by company insiders.

Hedge Funds Weigh In On AZEK

Several hedge funds and other institutional investors have recently bought and sold shares of AZEK. Vanguard Group Inc. raised its holdings in shares of AZEK by 0.4% during the fourth quarter. Vanguard Group Inc. now owns 14,430,833 shares of the company's stock valued at $685,032,000 after purchasing an additional 54,725 shares during the period. FMR LLC increased its position in shares of AZEK by 80.7% during the fourth quarter. FMR LLC now owns 12,311,577 shares of the company's stock worth $584,431,000 after acquiring an additional 5,499,986 shares in the last quarter. Alliancebernstein L.P. increased its position in shares of AZEK by 15.0% during the fourth quarter. Alliancebernstein L.P. now owns 3,294,619 shares of the company's stock worth $156,396,000 after acquiring an additional 429,574 shares in the last quarter. Wasatch Advisors LP increased its position in shares of AZEK by 11.6% during the fourth quarter. Wasatch Advisors LP now owns 2,084,014 shares of the company's stock worth $98,928,000 after acquiring an additional 216,849 shares in the last quarter. Finally, Norges Bank bought a new stake in shares of AZEK during the fourth quarter worth about $94,987,000. Institutional investors and hedge funds own 97.44% of the company's stock.

About AZEK

The AZEK Company Inc engages in the design, manufacturing, and selling of building products for residential, commercial, and industrial markets in the United States and Canada. It operates through two segments: Residential and Commercial. The Residential segment designs and manufactures engineered outdoor living products, such as decking, railing, trim and molding, siding and cladding, pergolas and cabanas, and accessories under the TimberTech, AZEK Exteriors, VERSATEX, ULTRALOX, StruXure, and INTEX brands.