AZZ - AZZ Stock Forecast, Price & News

2 Wall Street research 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 research analysts is that investors should "buy" AZZ shares.
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2 Wall Street research analysts have issued twelve-month price objectives for AZZ's stock. 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 16.1% from the stock's current price.
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AZZ's stock was trading at $40.20 at the beginning of the year. Since then, AZZ stock has increased by 3.9% and is now trading at $41.76.
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AZZ saw a decline in short interest in the month of December. As of December 30th, there was short interest totaling 484,300 shares, a decline of 6.6% from the December 15th total of 518,800 shares. Based on an average daily volume of 174,500 shares, the days-to-cover ratio is currently 2.8 days. Approximately 2.0% of the company's shares are short sold.
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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) announced its quarterly earnings data on Monday, January, 9th. The industrial products company reported $0.88 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.93 by $0.05. The industrial products company had revenue of $373.30 million for the quarter, compared to the consensus estimate of $359.80 million. AZZ had a positive trailing twelve-month return on equity of 15.04% and a negative net margin of 2.46%. The business's revenue for the quarter was up 176.3% on a year-over-year basis. During the same quarter in the prior year, the firm posted $0.85 EPS.

AZZ declared 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 1.63%. The ex-dividend date of this dividend is Friday, January 27th.
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 1.63%.
Read our dividend analysis for AZZ.

AZZ issued an update on its FY23 earnings guidance on Monday, January, 9th. The company provided EPS guidance of $4.05-4.25 for the period, compared to the consensus estimate of $3.89. The company issued revenue guidance of $1.27-1.32 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 investors include Assenagon Asset Management S.A. (0.25%), Allspring Global Investments Holdings LLC (0.08%), SummerHaven Investment Management LLC (0.08%), New York State Teachers Retirement System (0.08%), North Star Investment Management Corp. (0.07%) and Riverwater Partners LLC (0.07%). 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 $41.76.

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 ($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.