AZZ (AZZ) Stock Forecast, Price & News

4 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for AZZ in the last year. There are currently 1 hold rating and 3 buy ratings for the stock. The consensus among Wall Street equities research analysts is that investors should "moderate buy" AZZ shares.
View AZZ analyst ratings or view top-rated stocks.

4 Wall Street research analysts have issued 12-month price targets for AZZ's shares. Their AZZ share price forecasts range from $48.00 to $64.00. On average, they predict the company's share price to reach $55.25 in the next year. This suggests a possible upside of 18.6% from the stock's current price.
View analysts price targets for AZZ or view top-rated stocks among Wall Street analysts.

AZZ's stock was trading at $40.20 at the start of the year. Since then, AZZ shares have increased by 15.9% and is now trading at $46.59.
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AZZ saw a increase in short interest in August. As of August 31st, there was short interest totaling 269,700 shares, an increase of 12.1% from the August 15th total of 240,600 shares. Based on an average trading volume of 110,100 shares, the days-to-cover ratio is currently 2.4 days. Approximately 1.1% of the company's stock are sold short.
View AZZ's Short Interest.

The company is scheduled to release its next quarterly earnings announcement on Tuesday, October 10th 2023.
View our AZZ earnings forecast.

AZZ Inc. (NYSE:AZZ) released its earnings results on Monday, July, 10th. The industrial products company reported $1.14 earnings per share (EPS) for the quarter, missing analysts' consensus estimates of $1.16 by $0.02. The industrial products company had revenue of $390.87 million for the quarter, compared to analyst estimates of $396.65 million. AZZ had a negative net margin of 3.22% and a positive trailing twelve-month return on equity of 11.93%. The business's revenue was up 88.7% compared to the same quarter last year. During the same period in the previous year, the business posted $1.40 earnings per share.

AZZ declared a quarterly dividend on Thursday, June 29th. Shareholders of record on Wednesday, July 12th will be given a dividend of $0.17 per share on Wednesday, July 26th. This represents a $0.68 dividend on an annualized basis and a yield of 1.46%. The ex-dividend date of this dividend is Tuesday, July 11th.
Read our dividend analysis for AZZ.

ETFs with the largest weight of AZZ (NYSE:AZZ) stock in their portfolio include Gabelli Automation ETF (GAST), Ballast Small/Mid Cap ETF (MGMT) and Gabelli Love Our Planet & People ETF (LOPP).Jpmorgan Active Small Cap Value ETF (JPSV).

AZZ (NYSE:AZZ) pays an annual dividend of $0.68 per share and currently has a dividend yield of 1.44%.
Read our dividend analysis for AZZ.

AZZ updated its FY 2024 earnings guidance on Thursday, July, 13th. The company provided earnings per share guidance of $3.85-$4.35 for the period, compared to the consensus EPS estimate of $3.96. The company issued revenue guidance of $1.40 billion-$1.55 billion, compared to the consensus revenue estimate of $1.52 billion.

30 employees have rated AZZ Chief Executive Officer Tom Ferguson on Glassdoor.com. Tom Ferguson has an approval rating of 41% among the company's employees. This puts Tom Ferguson in the bottom 10% of approval ratings compared to other CEOs of publicly-traded companies.

Based on aggregate information from My MarketBeat watchlists, some companies that other AZZ investors own include AbbVie (ABBV), Energy Transfer (ET), Waddell & Reed Financial (WDR), Akamai Technologies (AKAM), AngloGold Ashanti (AU), Bausch Health Companies (BHC), Freeport-McMoRan (FCX), F5 (FFIV), Las Vegas Sands (LVS) and Neurocrine Biosciences (NBIX).

AZZ trades on the New York Stock Exchange (NYSE) under the ticker symbol "AZZ."

AZZ's stock is owned by many different retail and institutional investors. Top institutional shareholders include BlackRock Inc. (16.21%), State Street Corp (3.73%), Segall Bryant & Hamill LLC (3.57%), Dimensional Fund Advisors LP (3.42%), Westwood Holdings Group Inc. (3.11%) and Gamco Investors INC. ET AL (2.83%). Insiders that own company stock include Bryan Lee Stovall, Gary L Hill, Ken Lavelle, Kurt L Russell, Tara D Mackey and Thomas E Ferguson.
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Shares of AZZ stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include WeBull, Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab.
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One share of AZZ stock can currently be purchased for approximately $46.59.

AZZ (NYSE:AZZ) has a market capitalization of $1.17 billion and generates $1.32 billion in revenue each year. The industrial products company earns $-52,970,000.00 in net income (profit) each year or ($2.00) on an earnings per share basis.

The company employs 3,837 workers across the globe.

AZZ's mailing address is ONE MUSEUM PLACE SUITE 500 3100 W 7TH STREET, FORT WORTH TX, 76107. The official website for the company is www.azz.com. The industrial products company can be reached via phone at (817) 810-0095, via email at davidnark@azz.com, or via fax at 817-336-5354.