AZZ Inc
AZZ

$82.18

3.58%

Market Cap: 2.45B

About: AZZ Inc is a provider of galvanizing and a variety of metal coating solutions and coil coating solutions to a broad range of end markets in North America. In its Metal Coatings segment, the company offers metal finishing services to protect against corrosion, such as hot dip galvanizing, spin galvanizing, powder coating, anodizing, and plating. The Precoat Metals Segment offers aesthetic and corrosion-resistant coatings for steel and aluminum coils.

Employees: 3,873

Consumer Discretionary Coating, Engraving & Allied Services

0

Funds holding %

of 6,702 funds

0

Analysts bullish %

of 7 analysts

0

News positive %

of 9 articles

Fund manager confidence

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

42% more first-time investments, than exits

New positions opened: 37 | Existing positions closed: 26

34% more capital invested

Capital invested by funds: $1.33B [Q4 2023] → $1.78B (+$453M) [Q1 2024]

34% more call options, than puts

Call options by funds: $4.54M | Put options by funds: $3.39M

6% more funds holding

Funds holding: 192 [Q4 2023] → 203 (+11) [Q1 2024]

0.77% more ownership

Funds ownership: 90.95% [Q4 2023] → 91.72% (+0.77%) [Q1 2024]

0% more funds holding in top 10

Funds holding in top 10: 3 [Q4 2023] → 3 (+0) [Q1 2024]

37% less repeat investments, than reductions

Existing positions increased: 52 | Existing positions reduced: 83

See Fund Rankings

Research analyst outlook

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

Low target

$75

9%

downside

Avg. target

$91

11%

upside

High target

$105

28%

upside

7 analyst ratings

5 positive

71%

2 neutral

29%

0 negative

0%

Baird Matthew Krueger	10%upside $90	Neutral Initiated	23 Jul 2024
B. Riley Securities Lucas Pipes	20%upside $99	Buy Maintained	17 Jul 2024
Evercore ISI Group Stephen Richardson	10%upside $90	Outperform Initiated	14 Jun 2024
Noble Capital Markets Michael Heim	16%upside $95	Outperform Upgraded	11 Jun 2024
Jefferies Laurence Alexander	28%upside $105	Buy Initiated	20 May 2024

See Analyst Rankings

Financial journalist opinion

Based on 9 articles about AZZ published over the past 30 days

Zacks Investment Research

AZZ Inc. (AZZ) is Attracting Investor Attention: Here is What You Should Know

Recently, Zacks.com users have been paying close attention to AZZ (AZZ). This makes it worthwhile to examine what the stock has in store.

AZZ Inc. (AZZ) is Attracting Investor Attention: Here is What You Should Know

This Industrial Stock Signals a Bullish Move for Trend Followers

Trend-following is one of the most basic and widely used technical trading strategies because it works. AZZ Inc. NYSE: AZZ sends a signal to trend-following investors: a solid, sizeable green candle confirming support at a critical level that coincides with a long-term moving average.

This Industrial Stock Signals a Bullish Move for Trend Followers

AZZ Inc. (AZZ) Q1 2025 Earnings Call Transcript

AZZ Inc. (NYSE:AZZ ) Q1 2025 Earnings Conference Call July 11, 2024 11:00 AM ET Company Participants Sandy Martin - IR, Three Part Advisors Tom Ferguson - President and CEO Jason Crawford - CFO David Nark - SVP of Marketing, Communications and IR Officer Conference Call Participants Lucas Pipes - B. Riley Securities Stephen Volkmann - Jefferies Mark Reichman - Noble Capital Markets Kevin Gainey - Thompson Davis Jon Braatz - Kansas City Capital John Franzreb - Sidoti & Company Operator Good day, and welcome to the AZZ Incorporated First Quarter 2025 Earnings Conference Call and Webcast.

AZZ Inc. (AZZ) Q1 2025 Earnings Call Transcript

Zacks Investment Research

AZZ Q1 Earnings and Revenues Surpass Estimates, Rise Y/Y

AZZ's first-quarter fiscal 2025 results benefit from higher sales from the Metal Coatings and Precoat Metals segments.

AZZ Q1 Earnings and Revenues Surpass Estimates, Rise Y/Y

Zacks Investment Research

AZZ (AZZ) Q1 Earnings and Revenues Beat Estimates

AZZ (AZZ) came out with quarterly earnings of $1.46 per share, beating the Zacks Consensus Estimate of $1.31 per share. This compares to earnings of $1.14 per share a year ago.

AZZ (AZZ) Q1 Earnings and Revenues Beat Estimates

AZZ Inc. Reports Fiscal Year 2025 First Quarter Results

Record Quarterly Sales and Margin Expansion on Organic Growth Generated Significant Cash Flow FORT WORTH, Texas , July 10, 2024 /PRNewswire/ -- AZZ Inc. (NYSE: AZZ), the leading independent provider of hot-dip galvanizing and coil coating solutions, today announced financial results for the first quarter ended May 31, 2024. Fiscal Year 2025 First Quarter Overview (as compared to prior year(1)): Total Sales $413.2 million, up 5.7% Metal Coatings sales of $176.7 million, up 4.7% Precoat Metals sales of $236.5 million, up 6.5% Net Income of $39.6 million, up 38.8%; Net loss to common shareholders of $36.8 million reflects the redemption premium payment on the Series A Preferred Stock of $75.2 million Adjusted net income of $44.0 million, up 31.9%; Adjusted net income for common shareholders of $42.8 million GAAP loss of $1.38 per diluted share reflects the redemption premium payment, Adjusted diluted EPS of $1.46, up 28.1% EBITDA of $94.1 million or 22.8% of sales, versus prior year of $85.4 million or 21.8% of sales Segment EBITDA margin of 30.9% for Metal Coatings and 20.2% for Precoat Metals Cash flow from operations of $71.9 million supported debt reduction of $25.0 million, resulting in net leverage ratio of 2.8x Strengthened balance sheet with secondary public offering of common stock to fully redeem the Series A Preferred Stock (1) Adjusted Net Income, Adjusted EPS, EBITDA and net leverage ratio are non-GAAP financial measures as defined and reconciled in the tables below.

AZZ Inc. Reports Fiscal Year 2025 First Quarter Results

AZZ Likely To Report Higher Q1 Earnings; Here Are The Recent Forecast Changes From Wall Street's Most Accurate Analysts

AZZ Inc. AZZ is scheduled to release earnings results for its first quarter, after the closing bell on Wednesday, July 10.

AZZ Likely To Report Higher Q1 Earnings; Here Are The Recent Forecast Changes From Wall Street's Most Accurate Analysts

How To Earn $500 A Month From AZZ Stock Ahead Of Q1 Earnings Report

AZZ Inc. AZZ will release earnings results for its first quarter, after the closing bell on Wednesday, July 10.

How To Earn $500 A Month From AZZ Stock Ahead Of Q1 Earnings Report

AZZ Inc. Announces Fiscal Year 2025 First Quarter Cash Dividend of $0.17 per Share

FORT WORTH, Texas , June 27, 2024 /PRNewswire/ -- AZZ Inc. (NYSE: AZZ ), the leading independent provider of hot-dip galvanizing and coil coating solutions, today announced its Board of Directors has authorized a first quarter cash dividend in the amount of $0.17 per share on the Company's outstanding shares of common stock. The dividend is payable on July 31, 2024, to shareholders of record as of the close of business on July 10, 2024.

AZZ Inc. Announces Fiscal Year 2025 First Quarter Cash Dividend of $0.17 per Share

Zacks Investment Research

Are Investors Undervaluing AZZ (AZZ) Right Now?

Here at Zacks, our focus is on the proven Zacks Rank system, which emphasizes earnings estimates and estimate revisions to find great stocks. Nevertheless, we are always paying attention to the latest value, growth, and momentum trends to underscore strong picks.

Are Investors Undervaluing AZZ (AZZ) Right Now?

See News Rankings