The AZEK Co
AZEK

$45.25

5.26%

Market Cap: 6.58B

About: The AZEK Co Inc is a designer and manufacturer of beautiful, low maintenance and environmentally sustainable products focused on the fast-growing Outdoor Living market. Its portfolio of products includes decks, rail, trim, outdoor furniture among others. The company operates in two segments which are Residential and Commercial. It generates maximum revenue from the Residential segment. The company's brand includes TimberTech; AZEK; Versatex, Ultralox, StruXure, and Intex.

Employees: 2,236

Materials Plastics Products

0

Funds holding %

of 6,702 funds

0

Analysts bullish %

of 19 analysts

0

News positive %

of 3 articles

Fund manager confidence

Based on 2024 Q1 SEC filings by fund managers ($100M+ AUM)

512% more call options, than puts

Call options by funds: $23.9M | Put options by funds: $3.9M

132% more first-time investments, than exits

New positions opened: 72 | Existing positions closed: 31

30% more capital invested

Capital invested by funds: $5.5B [Q4 2023] → $7.17B (+$1.67B) [Q1 2024]

13% more funds holding

Funds holding: 318 [Q4 2023] → 359 (+41) [Q1 2024]

0.57% more ownership

Funds ownership: 97.37% [Q4 2023] → 97.93% (+0.57%) [Q1 2024]

0% more funds holding in top 10

Funds holding in top 10: 4 [Q4 2023] → 4 (+0) [Q1 2024]

5% less repeat investments, than reductions

Existing positions increased: 123 | Existing positions reduced: 129

See Fund Rankings

Research analyst outlook

19 Wall Street Analysts provided 1 year price forecasts over the past 6 months

Low target

$44

3%

downside

Avg. target

$52

14%

upside

High target

$60

33%

upside

19 analyst ratings

15 positive

79%

4 neutral

21%

0 negative

0%

BMO Capital Ketan Mamtora	11%upside $50	Market Perform Downgraded	23 Jul 2024
Barclays Matthew Bouley	15%upside $52	Overweight Maintained	12 Jul 2024
Citigroup Anthony Pettinari	3%downside $44	Neutral Maintained	11 Jul 2024
Loop Capital Jeffrey Stevenson	15%upside $52	Buy Maintained	11 Jul 2024
Goldman Sachs Susan Maklari	11%upside $50	Buy Maintained	10 Jul 2024

See Analyst Rankings

Financial journalist opinion

Based on 3 articles about AZEK published over the past 30 days

The AZEK® Company Inc. Announces Fiscal Third Quarter 2024 Earnings Release and Investor Conference Call on August 7, 2024

CHICAGO--(BUSINESS WIRE)--The AZEK Company Inc. (NYSE: AZEK) ("AZEK" or the “Company”), the industry-leading manufacturer of beautiful, low-maintenance and environmentally sustainable outdoor living products, including TimberTech® decking and railing, Versatex® and AZEK® Trim, and StruXure® pergolas, today announced that it will release its fiscal third quarter 2024 results after the market closes on Wednesday, August 7, 2024. That same day, the Company will hold a conference call to discuss th.

The AZEK® Company Inc. Announces Fiscal Third Quarter 2024 Earnings Release and Investor Conference Call on August 7, 2024

Zacks Investment Research

Why Investors Need to Take Advantage of These 2 Construction Stocks Now

Investors looking for ways to find stocks that are set to beat quarterly earnings estimates should check out the Zacks Earnings ESP.

Why Investors Need to Take Advantage of These 2 Construction Stocks Now

This Charter Communications Analyst Turns Bearish; Here Are Top 5 Downgrades For Wednesday

Top Wall Street analysts changed their outlook on these top names. For a complete view of all analyst rating changes, including upgrades, downgrades and initiations, please see our analyst ratings page.

This Charter Communications Analyst Turns Bearish; Here Are Top 5 Downgrades For Wednesday

The AZEK Company Announces $50 Million Accelerated Share Repurchase Program

CHICAGO--(BUSINESS WIRE)--The AZEK Company Inc. (NYSE: AZEK) (“AZEK” or the “Company”), the industry-leading manufacturer of beautiful, low-maintenance and environmentally sustainable outdoor living products, including TimberTech® decking and railing, Versatex® and AZEK® Trim and StruXure® pergolas, today announced it has entered into an accelerated share repurchase agreement (“ASR”) with Goldman Sachs & Co. LLC (“Goldman Sachs”) to repurchase $50 million of the Company's Class A common sto.

The AZEK Company Announces $50 Million Accelerated Share Repurchase Program

The AZEK Company Announces $600 Million Share Repurchase Program

CHICAGO--(BUSINESS WIRE)--The AZEK Company Inc. (NYSE: AZEK) (“AZEK” or the “Company”), the industry-leading manufacturer of beautiful, low-maintenance and environmentally sustainable outdoor living products, including TimberTech® decking and railing, Versatex® and AZEK® Trim, and StruXure® pergolas, today announced that its Board of Directors authorized the Company to repurchase up to $600 million of the Company's Class A common stock in addition to the remaining approximately $75 million avai.

The AZEK Company Announces $600 Million Share Repurchase Program

Zacks Investment Research

The AZEK Company (AZEK) Q2 Earnings Match Estimates

The AZEK Company (AZEK) came out with quarterly earnings of $0.39 per share, in line with the Zacks Consensus Estimate. This compares to earnings of $0.18 per share a year ago.

The AZEK Company (AZEK) Q2 Earnings Match Estimates

Zacks Investment Research

Are Construction Stocks Lagging AZEK (AZEK) This Year?

Here is how The AZEK Company (AZEK) and Martin Marietta (MLM) have performed compared to their sector so far this year.

Are Construction Stocks Lagging AZEK (AZEK) This Year?

The AZEK Company Receives NYSE Notice Regarding Filing of Form 10-Q for the Fiscal Quarter Ended March 31, 2024

CHICAGO--(BUSINESS WIRE)--The AZEK Company Inc. (NYSE: AZEK) (“AZEK” or the “Company”), today announced that, as expected, on May 16, 2024 it received a notice (the “NYSE Notice”) from the New York Stock Exchange (the “NYSE”) that the Company is not in compliance with Section 802.01E of the NYSE Listed Company Manual as a result of its failure to timely file its Quarterly Report on Form 10-Q for the fiscal quarter ended March 31, 2024 (the “Form 10-Q”) with the Securities and Exchange Commissio.

The AZEK Company Receives NYSE Notice Regarding Filing of Form 10-Q for the Fiscal Quarter Ended March 31, 2024

Zacks Investment Research

The AZEK Company (AZEK) Recently Broke Out Above the 20-Day Moving Average

From a technical perspective, The AZEK Company (AZEK) is looking like an interesting pick, as it just reached a key level of support. AZEK recently overtook the 20-day moving average, and this suggests a short-term bullish trend.

The AZEK Company (AZEK) Recently Broke Out Above the 20-Day Moving Average

Zacks Investment Research

The AZEK Company (AZEK) Recently Broke Out Above the 50-Day Moving Average

From a technical perspective, The AZEK Company (AZEK) is looking like an interesting pick, as it just reached a key level of support. AZEK recently overtook the 50-day moving average, and this suggests a short-term bullish trend.

The AZEK Company (AZEK) Recently Broke Out Above the 50-Day Moving Average

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