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After finishing at $82.43 in the prior trading day, AZZ Inc (NYSE: AZZ) closed at $73.24, down -11.15%. In other words, the price has decreased by -$11.15 from its previous closing price. On the day, 0.68 million shares were traded. AZZ stock price reached its highest trading level at $77.4225 during the session, while it also had its lowest trading level at $72.63.
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 422.60 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 12.31. 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 2069147136 and an Enterprise Value of 3045058816. As of this moment, AZZ’s Price-to-Earnings (P/E) ratio for their current fiscal year is 24.40, and their Forward P/E ratio for the next fiscal year is 12.94. The expected Price-to-Earnings-to-Growth (PEG) calculation for the next 5 years is 2.44. For the stock, the TTM Price-to-Sale (P/S) ratio is 1.20 while its Price-to-Book (P/B) ratio in mrq is 2.62. Its current Enterprise Value per Revenue stands at 1.98 whereas that against EBITDA is 10.116.
Stock Price History:
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 -2.41%, while the 200-Day Moving Average is calculated to be 29.69%.
Shares Statistics:
The stock has traded on average 158.89K shares per day over the past 3-months and 246730 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 90.93% stake in the company. Shares short for AZZ as of 1713139200 were 333146 with a Short Ratio of 2.10, 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 0.85 this year. Against a Trailing Annual Dividend Yield of 0.0082494235The stock’s 5-year Average Dividend Yield is 1.56.
