In the Green: AZEK Company Inc (AZEK) Closes at 43.72, Up/Down -4.23 from Previous Day

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In the latest session, AZEK Company Inc (NYSE: AZEK) closed at $43.72 down -4.23% from its previous closing price of $45.65. In other words, the price has decreased by -$4.23 from its previous closing price. On the day, 2.14 million shares were traded. AZEK stock price reached its highest trading level at $44.59 during the session, while it also had its lowest trading level at $43.2945.

Ratios:

For a deeper understanding of AZEK Company Inc’s stock, let’s take a closer look at its various ratios. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 27.98 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 33.45. For the most recent quarter (mrq), Quick Ratio is recorded 2.21 and its Current Ratio is at 3.40. In the meantime, Its Debt-to-Equity ratio is 0.49 whereas as Long-Term Debt/Eq ratio is at 0.48.

Upgrades & Downgrades

In addition, analysts’ ratings and any changes thereto give investors an idea of the stock’s future direction. In the most recent recommendation for the company, BMO Capital Markets on Jul-24-24, Downgraded its rating to Market Perform and sets its target price to $50 from $53 previously.

On July 03, 2024, DA Davidson Downgraded its rating to Neutral which previously was Buy and also lowered its target price recommendation from $57 to $44.

On April 19, 2024, The Benchmark Company started tracking the stock assigning a Buy rating and target price of $55.The Benchmark Company initiated its Buy rating on April 19, 2024, with a $55 target price.

Insider Transactions:

Additionally, insider trades can be beneficial to investors who want to learn what the management thinks about stock prices in the future. A recent insider transaction in this stock occurred on Jul 10 ’24 when Singh Jesse G sold 13,000 shares for $41.75 per share. The transaction valued at 542,750 led to the insider holds 1,024,444 shares of the business.

Singh Jesse G sold 20,000 shares of AZEK for $934,400 on Jun 18 ’24. The CEO and President now owns 1,037,444 shares after completing the transaction at $46.72 per share. On Jun 18 ’24, another insider, Singh Jesse G, who serves as the CEO and President of the company, sold 20,000 shares for $46.45 each. As a result, the insider received 929,000 and left with 234,793 shares of the company.

Valuation Measures:

Investors should consider key stock statistics when deciding whether to invest or divest. In the wake of the recent closing price, AZEK now has a Market Capitalization of 6642948608 and an Enterprise Value of 6812758528. As of this moment, AZEK’s Price-to-Earnings (P/E) ratio for their current fiscal year is 43.62, and their Forward P/E ratio for the next fiscal year is 31.89. The expected Price-to-Earnings-to-Growth (PEG) calculation for the next 5 years is 3.93. For the stock, the TTM Price-to-Sale (P/S) ratio is 4.43 while its Price-to-Book (P/B) ratio in mrq is 4.59. Its current Enterprise Value per Revenue stands at 4.747 whereas that against EBITDA is 19.972.

Stock Price History:

The Beta on a monthly basis for AZEK is 1.89, which has changed by 0.3928002 over the last 52 weeks, in comparison to a change of 0.21656322 over the same period for the S&P500. Over the past 52 weeks, AZEK has reached a high of $50.78, while it has fallen to a 52-week low of $25.03. The 50-Day Moving Average of the stock is -2.68%, while the 200-Day Moving Average is calculated to be 7.63%.

Shares Statistics:

For the past three months, AZEK has traded an average of 1.96M shares per day and 2481530 over the past ten days. A total of 147.70M shares are outstanding, with a floating share count of 142.60M. Insiders hold about 2.00% of the company’s shares, while institutions hold 99.45% stake in the company. Shares short for AZEK as of 1719532800 were 5977070 with a Short Ratio of 3.05, compared to 1717113600 on 4055160. Therefore, it implies a Short% of Shares Outstanding of 5977070 and a Short% of Float of 4.18.

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