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 2 buy ratings for the stock. The consensus among Wall Street analysts is that investors should "buy" AZZ shares.
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2 brokerages have issued twelve-month price objectives for AZZ's shares. Their AZZ share price forecasts range from $49.00 to $54.00. On average, they predict the company's stock price to reach $51.50 in the next year. This suggests a possible upside of 22.6% 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 $55.29 at the beginning of the year. Since then, AZZ shares have decreased by 24.0% and is now trading at $42.01.
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AZZ saw a decline in short interest during the month of November. As of November 15th, there was short interest totaling 608,900 shares, a decline of 10.9% from the October 31st total of 683,700 shares. Based on an average daily volume of 171,500 shares, the days-to-cover ratio is currently 3.6 days. Currently, 2.5% of the company's stock are short sold.
View AZZ's Short Interest.

The company is scheduled to release its next quarterly earnings announcement on Monday, January 9th 2023.
View our AZZ earnings forecast.

AZZ Inc. (NYSE:AZZ) released its quarterly earnings data on Tuesday, October, 11th. The industrial products company reported $1.24 earnings per share for the quarter, missing the consensus estimate of $1.82 by $0.58. The industrial products company earned $406.71 million during the quarter, compared to analyst estimates of $500.60 million. AZZ had a net margin of 0.78% and a trailing twelve-month return on equity of 15.99%.

AZZ announced a quarterly dividend on Friday, October 7th. Investors of record on Tuesday, October 18th will be given a dividend of $0.17 per share on Tuesday, November 1st. This represents a $0.68 annualized dividend and a dividend yield of 1.62%. The ex-dividend date of this dividend is Monday, October 17th.
Read our dividend analysis for AZZ.

AZZ (NYSE:AZZ) pays an annual dividend of $0.68 per share and currently has a dividend yield of 1.62%. The dividend payout ratio is 88.31%. Payout ratios above 75% are not desirable because they may not be sustainable. Based on earnings estimates, AZZ will have a dividend payout ratio of 13.15% next year. This indicates that the company will be able to sustain or increase its dividend.
Read our dividend analysis for AZZ.

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 a variety of retail and institutional investors. Top institutional investors include BlackRock Inc. (15.66%), Vanguard Group Inc. (10.94%), Dimensional Fund Advisors LP (4.69%), State Street Corp (3.60%), Segall Bryant & Hamill LLC (3.60%) and Gamco Investors INC. ET AL (2.51%). 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 $42.01.

AZZ (NYSE:AZZ) has a market capitalization of $1.04 billion and generates $902.66 million in revenue each year. The industrial products company earns $84.02 million in net income (profit) each year or $0.77 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 or via fax at 817-336-5354.