Core Viewpoint - The AZEK Company is expected to report a year-over-year increase in earnings and revenues for the quarter ended March 2025, with a consensus EPS estimate of $0.44, reflecting a 12.8% increase, and revenues projected at $443.6 million, up 6% from the previous year [1][3]. Earnings Report Expectations - The earnings report is anticipated to be released on May 6, 2025, and could influence the stock price positively if results exceed expectations, while a miss could lead to a decline [2]. Estimate Revisions Trend - The consensus EPS estimate has remained unchanged over the last 30 days, indicating that analysts have not significantly altered their outlook for the company [4]. Earnings Whisper and ESP - The Zacks Earnings ESP compares the Most Accurate Estimate to the Zacks Consensus Estimate, with the Most Accurate Estimate being lower than the consensus for The AZEK Company, resulting in an Earnings ESP of -2.72%, suggesting a bearish outlook [5][10]. Historical Performance - The AZEK Company has beaten consensus EPS estimates three out of the last four quarters, with a notable surprise of +21.43% in the last reported quarter [12][13]. Bottom Line - The AZEK Company does not appear to be a strong candidate for an earnings beat based on current estimates and rankings, indicating that investors should consider additional factors before making investment decisions [16].

Core Viewpoint - James Hardie Industries' shares fell by 15.8% following the announcement of its agreement to combine with Azek, raising questions about the justification for the decline [1] Group 1: Deal Overview - James Hardie is acquiring Azek for a total transaction value of $8.75 billion, combining shares and cash, with James Hardie shareholders owning 74% and Azek shareholders 26% of the combined company [2] - Azek's 2025 guidance projects sales of $1.535 billion and adjusted EBITDA of $411 million, indicating high valuations for the $8.75 billion deal [2] Group 2: Strategic Rationale - Management anticipates generating $350 million in EBITDA synergies from the merger, representing 5.9% of combined sales, which is considered a strong target [3] - The acquisition enhances James Hardie's revenue share from the less cyclical repair and remodel market and increases its North American housing exposure from 74% to 81% [3][4] Group 3: Market Context - The deal occurs amid high interest rates, which have not decreased as expected, leading to negative sentiment regarding the acquisition in a challenged industry [5] - Historical trends suggest that interest rates may eventually decline, potentially making the acquisition a strategic opportunity in the long run [5]

Investors might want to bet on The AZEK Company (AZEK) , as it has been recently upgraded to a Zacks Rank #2 (Buy). An upward trend in earnings estimates -- one of the most powerful forces impacting stock prices -- has triggered this rating change.A company's changing earnings picture is at the core of the Zacks rating. The system tracks the Zacks Consensus Estimate -- the consensus measure of EPS estimates from the sell-side analysts covering the stock -- for the current and following years.Since a changin ...

Core Viewpoint - Rowley Law PLLC is investigating potential securities law violations related to the proposed acquisition of The AZEK Company Inc. by James Hardie Industries plc, which is valued at approximately $8.75 billion [1] Group 1: Acquisition Details - The proposed acquisition involves stockholders of The AZEK Company receiving $26.45 and 1.0340 shares of James Hardie common stock for each share of The AZEK Company stock they hold [1] - The transaction is expected to close in the second half of 2025 [1] Group 2: Legal Investigation - Rowley Law PLLC is representing shareholders in the investigation concerning the acquisition [1] - Additional information regarding the investigation can be obtained by contacting Rowley Law PLLC [2]

Core Viewpoint - James Hardie Industries plc (JHX) has agreed to acquire The AZEK Company Inc. for a total transaction value of $8.75 billion, including AZEK's net debt of approximately $386 million as of December 31, 2024 [1][2]. Group 1: Agreement Terms - AZEK's shareholders will receive $26.45 in cash and 1.0340 ordinary shares of James Hardie for each share of AZEK common stock they own [2]. - Upon completion of the transaction, shareholders will own approximately 74% of the combined entity, while AZEK shareholders will hold about 26% [2]. - The acquisition is expected to close in the latter half of calendar year 2025, subject to customary closing conditions, regulatory approvals, and AZEK shareholder approval [3]. Group 2: Potential Benefits - The acquisition will allow James Hardie to offer a diversified portfolio of high-performance, low-maintenance building products, enhancing the customer value chain [4]. - The combined market reach in North America is projected to be $23 billion, providing opportunities for accelerated material conversion across product offerings [4]. - The merged companies are expected to generate $5.9 billion in net sales, over $1.8 billion in adjusted EBITDA, and an adjusted EBITDA margin of 31% for the trailing 12 months ended December 31, 2024 [5]. Group 3: Financial Outlook - James Hardie anticipates generating over $1 billion in annual free cash flow after achieving run-rate cost synergies from the merger [6]. - The transaction is expected to be accretive to JHX's cash earnings per share in the first fiscal year post-closure [6]. - JHX plans to execute up to $500 million in share repurchases within the first 12 months following the acquisition [6]. Group 4: Stock Performance and Market Context - Year-to-date, JHX stock has declined by 23%, compared to a 4.2% decline in the Zacks Building Products – Miscellaneous industry [7]. - Ongoing uncertainties in the housing market, particularly in multi-family starts, and raw material challenges are impacting the company's prospects [7]. - The strategic acquisition is expected to enhance sales trends across various businesses and support growth in the upcoming period, with optimism about the housing market in the latter half of 2025 [7].

MONSEY, N.Y., March 24, 2025 (GLOBE NEWSWIRE) -- The law firm of Wohl & Fruchter LLP is investigating the fairness of the proposed sale of The AZEK Company, Inc. (NYSE: AZEK) (“AZEK”) to James Hardie Industries (“James Hardie”) for $26.45 in cash and 1.0340 ordinary shares of James Hardie to be listed on the New York Stock Exchange (NYSE) for each share of AZEK common stock. According to a press release announcing the deal, the stock and cash consideration represents a total value of $56.88 per share, based ...

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Construction materials manufacturer Azek (AZEK 12.93%) is in an agreement to be acquired, and investors are excited about the premium being paid.Shares of Azek were up 16% as of 10 a.m. ET after the company agreed to be acquired by Australia's James Hardie Industries (JHX -18.85%) for $8.75 billion, including debt.Combining two like-minded companiesAzek manufacturers decking made primarily of recycled materials, offering a more eco-friendly and sustainable option for homeowners. Hardie, which is based in Au ...

NEW YORK, March 24, 2025 /PRNewswire/ -- Monteverde & Associates PC (the "M&A Class Action Firm"), has recovered millions of dollars for shareholders and is recognized as a Top 50 Firm in the 2024 ISS Securities Class Action Services Report. We are headquartered at the Empire State Building in New York City and are investigating The AZEK Company Inc. (NYSE: AZEK), relating to the proposed merger with James Hardie Industries plc. Under the terms of the agreement, AZEK shareholders will receive $26.45 in cash ...

Outdoor living stock Azek Company Inc (NYSE:AZEK) is headed for its best day ever, up 19.2% to trade at $49.35 at last glance. News that cement manufacturer James Hardie Industries (JHX) will acquire the Chicago-based company in a cash and stock deal worth $8.75 billion is giving the shares a hefty boost. JHX is tumbling after the news, however, last seen down 16.5%. Analysts are chiming in, but not necessarily with positive sentiment. Both Baird and Stephens downgraded the stock to "hold," with price targe ...