AZZ - AZZ Stock Forecast, Price & News

2 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for AZZ in the last twelve months. There are currently 1 hold rating and 1 buy rating for the stock. The consensus among Wall Street research analysts is that investors should "buy" AZZ shares.
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2 Wall Street analysts have issued 1 year price targets for AZZ's stock. Their AZZ share price forecasts range from $48.00 to $49.00. On average, they predict the company's stock price to reach $48.50 in the next twelve months. This suggests a possible upside of 27.0% from the stock's current price.
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AZZ's stock was trading at $40.20 at the beginning of 2023. Since then, AZZ stock has decreased by 5.0% and is now trading at $38.20.
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AZZ saw a increase in short interest during the month of February. As of February 15th, there was short interest totaling 491,600 shares, an increase of 8.5% from the January 31st total of 453,100 shares. Based on an average daily volume of 118,900 shares, the short-interest ratio is presently 4.1 days. Currently, 2.0% of the shares of the company are sold short.
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The company is scheduled to release its next quarterly earnings announcement on Friday, April 28th 2023.
View our AZZ earnings forecast.

AZZ Inc. (NYSE:AZZ) posted its quarterly earnings results on Monday, January, 9th. The industrial products company reported $0.88 earnings per share for the quarter, missing analysts' consensus estimates of $0.93 by $0.05. The industrial products company had revenue of $373.30 million for the quarter, compared to analyst estimates of $359.80 million. AZZ had a negative net margin of 2.46% and a positive trailing twelve-month return on equity of 15.04%. The business's quarterly revenue was up 176.3% on a year-over-year basis. During the same quarter in the prior year, the business posted $0.85 EPS.

AZZ announced a quarterly dividend on Thursday, January 19th. Stockholders of record on Monday, January 30th will be paid a dividend of $0.17 per share on Tuesday, February 7th. This represents a $0.68 dividend on an annualized basis and a dividend yield of 1.78%. The ex-dividend date is Friday, January 27th.
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), Gabelli Love Our Planet & People ETF (LOPP), Invesco S&P SmallCap Industrials ETF (PSCI), Timothy Plan US Small Cap Core ETF (TPSC), Invesco S&P SmallCap 600 Pure Value ETF (RZV), VictoryShares US Discovery Enhanced Volatility Wtd ETF (CSF) and VictoryShares US Small Cap Volatility Wtd (CSA).

AZZ (NYSE:AZZ) pays an annual dividend of $0.68 per share and currently has a dividend yield of 1.79%.
Read our dividend analysis for AZZ.

AZZ issued an update on its FY 2023 earnings guidance on Tuesday, February, 28th. The company provided EPS guidance of $4.05-$4.25 for the period, compared to the consensus EPS estimate of $4.10. The company issued revenue guidance of $1.27 billion-$1.35 billion, compared to the consensus revenue estimate of $1.33 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 T. Rowe Price Investment Management Inc. (9.97%), Dimensional Fund Advisors LP (4.08%), Gamco Investors INC. ET AL (2.62%), Gamco Investors INC. ET AL (2.62%), Geode Capital Management LLC (1.82%) and Aristotle Capital Boston LLC (1.66%). 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 $38.20.

AZZ (NYSE:AZZ) has a market capitalization of $951.18 million and generates $902.66 million in revenue each year. The industrial products company earns $84.02 million in net income (profit) each year or ($1.05) on an earnings per share basis.

The company employs 3,885 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.