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AZEK Company Inc (NYSE: AZEK) closed the day trading at $43.45 down -2.12% from the previous closing price of $44.39. In other words, the price has decreased by -$2.12 from its previous closing price. On the day, 1.26 million shares were traded. AZEK stock price reached its highest trading level at $44.32 during the session, while it also had its lowest trading level at $43.32.
Ratios:
For a better understanding of AZEK, let’s look at its different ratios. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 18.12 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 30.29. For the most recent quarter (mrq), Quick Ratio is recorded 2.11 and its Current Ratio is at 3.07. In the meantime, Its Debt-to-Equity ratio is 0.49 whereas as Long-Term Debt/Eq ratio is at 0.48.
On July 23, 2024, BMO Capital Markets Downgraded its rating to Market Perform which previously was Outperform and also lowered its target price recommendation from $53 to $50.
DA Davidson Downgraded its Buy to Neutral on July 03, 2024, whereas the target price for the stock was revised from $57 to $44.
Insider Transactions:
The insider trade also gives investors a glimpse into the future direction of stock prices, which can be beneficial to investors. A recent insider transaction in this stock occurred on Aug 16 ’24 when Skelly Jonathan sold 19,022 shares for $41.15 per share. The transaction valued at 782,755 led to the insider holds 189,974 shares of the business.
Singh Jesse G sold 20,000 shares of AZEK for $829,400 on Aug 15 ’24. The CEO and President now owns 186,705 shares after completing the transaction at $41.47 per share. On Aug 15 ’24, another insider, Edwards Pamela J, who serves as the Director of the company, bought 600 shares for $41.70 each. As a result, the insider paid 25,020 and bolstered with 8,708 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 6273919488 and an Enterprise Value of 6624498176. As of this moment, AZEK’s Price-to-Earnings (P/E) ratio for their current fiscal year is 39.11, and their Forward P/E ratio for the next fiscal year is 31.70. The expected Price-to-Earnings-to-Growth (PEG) calculation for the next 5 years is 1.27. For the stock, the TTM Price-to-Sale (P/S) ratio is 4.24 while its Price-to-Book (P/B) ratio in mrq is 4.51. Its current Enterprise Value per Revenue stands at 4.47 whereas that against EBITDA is 18.562.
Stock Price History:
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 0.35%, while the 200-Day Moving Average is calculated to be -1.92%.
Shares Statistics:
Over the past 3-months, AZEK traded about 1.92M shares per day on average, while over the past 10 days, AZEK traded about 1573370 shares per day. A total of 147.70M shares are outstanding, with a floating share count of 141.77M. Insiders hold about 2.02% of the company’s shares, while institutions hold 102.82% stake in the company. Shares short for AZEK as of 1727654400 were 5465717 with a Short Ratio of 2.84, compared to 1724976000 on 6359528. Therefore, it implies a Short% of Shares Outstanding of 5465717 and a Short% of Float of 3.85.
