Investors on the quest for market-beating returns often employ the strategy of stock picking. Making informed choices in stocks can greatly amplify your wealth.
The price of Azenta Inc (NASDAQ: AZTA) closed at $42.94 in the last session, down -8.72% from day before closing price of $47.04. In other words, the price has decreased by -$8.72 from its previous closing price. On the day, 1.03 million shares were traded.
Ratios:
We take a closer look at AZTA’s different ratios to gain a better understanding of the stock. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 4.22 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 96.04. For the most recent quarter (mrq), Quick Ratio is recorded 3.78 and its Current Ratio is at 4.18. In the meantime, Its Debt-to-Equity ratio is 0.03 whereas as Long-Term Debt/Eq ratio is at 0.03.
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, Stephens on December 18, 2024, Upgraded its rating to Overweight and sets its target price to $60 from $50 previously.
On April 04, 2024, Jefferies started tracking the stock assigning a Hold rating and target price of $64.
B. Riley Securities reiterated its Buy rating for the stock on February 01, 2024, while the target price for the stock was revised from $61 to $79.
Insider Transactions:
An investor can also benefit from insider trades by learning what management is thinking about the future direction of stock prices. A recent insider transaction in this stock occurred on Feb 03 ’25 when Hughes Violetta sold 317 shares for $52.97 per share. The transaction valued at 16,791 led to the insider holds 9,603 shares of the business.
Zhou Ginger bought 417 shares of AZTA for $19,132 on Jan 31 ’25. The SVP and General Manager, Genom now owns 27,916 shares after completing the transaction at $45.88 per share. On Nov 19 ’24, another insider, Pirogova Olga, who serves as the SVP and CHRO of the company, sold 548 shares for $40.07 each. As a result, the insider received 21,958 and left with 19,373 shares of the company.
Valuation Measures:
For the stock, the TTM Price-to-Sale (P/S) ratio is 3.02 while its Price-to-Book (P/B) ratio in mrq is 1.14.
Stock Price History:
Over the past 52 weeks, AZTA has reached a high of $67.77, while it has fallen to a 52-week low of $38.82. The 50-Day Moving Average of the stock is -14.12%, while the 200-Day Moving Average is calculated to be -13.67%.
Shares Statistics:
A total of 45.69M shares are outstanding, with a floating share count of 44.88M. Insiders hold about 1.77% of the company’s shares, while institutions hold 114.90% stake in the company.
