AZZ (AZZ) Stock Forecast, Price & News

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

2 brokerages have issued 12-month target prices for AZZ's shares. Their AZZ share price forecasts range from $48.00 to $49.00. On average, they anticipate the company's stock price to reach $48.50 in the next year. This suggests a possible upside of 20.9% 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 on January 1st, 2023. Since then, AZZ shares have decreased by 0.2% and is now trading at $40.11.
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AZZ saw a increase in short interest during the month of May. As of May 15th, there was short interest totaling 291,300 shares, an increase of 9.3% from the April 30th total of 266,400 shares. Based on an average daily trading volume, of 108,300 shares, the short-interest ratio is currently 2.7 days. Currently, 1.2% of the shares of the company are sold short.
View AZZ's Short Interest.

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

AZZ Inc. (NYSE:AZZ) posted its quarterly earnings results on Tuesday, April, 25th. The industrial products company reported $0.30 earnings per share for the quarter. The industrial products company earned $336.50 million during the quarter. AZZ had a positive trailing twelve-month return on equity of 12.92% and a negative net margin of 3.70%.

AZZ announced a quarterly dividend on Thursday, April 6th. Shareholders of record on Wednesday, April 26th will be given a dividend of $0.17 per share on Wednesday, May 17th. This represents a $0.68 dividend on an annualized basis and a dividend yield of 1.70%. The ex-dividend date of this dividend is Tuesday, April 25th.
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 Vanguard S&P Small-Cap 600 Value ETF (VIOV).

AZZ (NYSE:AZZ) pays an annual dividend of $0.68 per share and currently has a dividend yield of 1.77%.
Read our dividend analysis for AZZ.

AZZ issued an update on its FY24 earnings guidance on Tuesday, April, 25th. The company provided EPS guidance of $3.85-$4.35 for the period, compared to the consensus EPS estimate of $3.90. The company issued revenue guidance of $1.40-$1.55 billion, compared to the consensus revenue estimate of $1.53 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 institutional and retail investors. Top institutional shareholders include BlackRock Inc. (16.40%), State Street Corp (3.76%), Segall Bryant & Hamill LLC (3.72%), Dimensional Fund Advisors LP (3.68%), Harvey Partners LLC (2.69%) and Gamco Investors INC. ET AL (2.64%). Insiders that own company stock include Bryan Lee Stovall, Gary L Hill, Ken Lavelle, Kurt L Russell, Tara D Mackey and Thomas E Ferguson.
View institutional ownership trends.

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 $40.11.

AZZ (NYSE:AZZ) has a market capitalization of $1.00 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 ($2.02) 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.