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After finishing at $71.49 in the prior trading day, AZZ Inc (NYSE: AZZ) closed at $72.68, up 1.66%. In other words, the price has increased by $1.66 from its previous closing price. On the day, 2.0 million shares were traded. AZZ stock price reached its highest trading level at $74.55 during the session, while it also had its lowest trading level at $71.44.
Ratios:
Our goal is to gain a better understanding of AZZ by taking a closer look at its different ratios. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 419.37 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 12.21. For the most recent quarter (mrq), Quick Ratio is recorded 1.28 and its Current Ratio is at 1.89. In the meantime, Its Debt-to-Equity ratio is 1.05 whereas as Long-Term Debt/Eq ratio is at 1.04.
On August 30, 2023, B. Riley Securities started tracking the stock assigning a Buy rating and target price of $64.
On August 21, 2023, Noble Capital Markets started tracking the stock assigning a Outperform rating and target price of $60.Noble Capital Markets initiated its Outperform rating on August 21, 2023, with a $60 target price.
Valuation Measures:
Investors should consider key stock statistics when deciding whether to invest or divest. In the wake of the recent closing price, AZZ now has a Market Capitalization of 1824398848 and an Enterprise Value of 3031001856. As of this moment, AZZ’s Price-to-Earnings (P/E) ratio for their current fiscal year is 24.21, and their Forward P/E ratio for the next fiscal year is 12.84. The expected Price-to-Earnings-to-Growth (PEG) calculation for the next 5 years is 2.42. For the stock, the TTM Price-to-Sale (P/S) ratio is 1.19 while its Price-to-Book (P/B) ratio in mrq is 2.60. Its current Enterprise Value per Revenue stands at 1.971 whereas that against EBITDA is 10.069.
Stock Price History:
The Beta on a monthly basis for AZZ is 1.26, which has changed by 0.945917 over the last 52 weeks, in comparison to a change of 0.24191546 over the same period for the S&P500. Over the past 52 weeks, AZZ has reached a high of $84.52, while it has fallen to a 52-week low of $34.59. The 50-Day Moving Average of the stock is -3.32%, while the 200-Day Moving Average is calculated to be 28.04%.
Shares Statistics:
The stock has traded on average 217.15K shares per day over the past 3-months and 743590 shares per day over the last 10 days, according to various share statistics. A total of 25.10M shares are outstanding, with a floating share count of 24.49M. Insiders hold about 2.43% of the company’s shares, while institutions hold 90.88% stake in the company. Shares short for AZZ as of 1713139200 were 333146 with a Short Ratio of 1.53, compared to 1710460800 on 370059. Therefore, it implies a Short% of Shares Outstanding of 333146 and a Short% of Float of 2.18.
Dividends & Splits
In the trailing 12 months, AZZ’s forward annual dividend rate was 0.68, compared to 0.68 this year. Against a Trailing Annual Dividend Yield of 0.00951182The stock’s 5-year Average Dividend Yield is 1.56. The current Payout Ratio is 19.66% for AZZ, which recently paid a dividend on 2024-04-16 with an ex-dividend date of 1713225600. Stock splits for the company last occurred on 2012-07-31 when the company split stock in a 2:1 ratio.
Earnings Estimates
The current assessment of AZZ Inc (AZZ) involves the perspectives of 5.0 analysts closely monitoring its market dynamics.On average, analysts expect EPS of $1.33 for the current quarter, with a high estimate of $1.41 and a low estimate of $1.25, while EPS last year was $1.14. The consensus estimate for the next quarter is $1.24, with high estimates of $1.42 and low estimates of $0.96.
Analysts are recommending an EPS of between $5.02 and $4.85 for the fiscal current year, implying an average EPS of $4.94. EPS for the following year is $5.66, with 3.0 analysts recommending between $6.12 and $5.32.
Revenue Estimates
For the next quarter, 5 analysts are estimating revenue of $406.62M. There is a high estimate of $413.63M for the next quarter, whereas the lowest estimate is $389.3M.
A total of 5 analysts have provided revenue estimates for AZZ’s current fiscal year. The highest revenue estimate was $1.61B, while the lowest revenue estimate was $1.57B, resulting in an average revenue estimate of $1.59B. In the same quarter a year ago, actual revenue was $1.54BBased on 3 analysts’ estimates, the company’s revenue will be $1.69B in the next fiscal year. The high estimate is $1.71B and the low estimate is $1.67B.
