Core Viewpoint - Analyst recommendations, particularly the Average Brokerage Recommendation (ABR) for AZZ, suggest a strong buy sentiment, but reliance solely on these recommendations may not be prudent due to potential biases from brokerage firms [1][2]. Group 1: Average Brokerage Recommendation (ABR) - AZZ has an average brokerage recommendation (ABR) of 1.50, indicating a position between Strong Buy and Buy, with 75% of the recommendations being Strong Buy from four brokerage firms [1]. - The ABR is calculated based on actual recommendations from brokerage firms, but studies indicate limited success in guiding investors towards stocks with the best price increase potential [2]. Group 2: Zacks Rank - Zacks Rank categorizes stocks into five groups, with AZZ currently holding a Zacks Rank 1 (Strong Buy), reflecting a 0.3% increase in the Zacks Consensus Estimate for the current year to $4.85 [3][7]. - The Zacks Rank is driven by earnings estimate revisions, which are strongly correlated with near-term stock price movements, making it a more reliable indicator compared to ABR [5]. Group 3: Differences Between ABR and Zacks Rank - ABR is based solely on brokerage recommendations and may not be up-to-date, while Zacks Rank reflects timely earnings estimate revisions, providing a more current view of potential price movements [4][6]. - The Zacks Rank maintains a balance among the five ranks it assigns, unlike ABR, which may exhibit a bias due to the vested interests of brokerage firms [5].

Here are three stocks with buy ranks and strong growth characteristics for investors to consider today, May 29:Hasbro, Inc. (HAS) : This play and entertainment company carries a Zacks Rank #1, and has witnessed the Zacks Consensus Estimate for its current year earnings increasing 13.3% over the last 60 days.Hasbro has a PEG ratio of 0.97 compared with 1.16 for the industry. The company possesses a Growth Score of A.Powell Industries, Inc. (POWL) : This custom-engineered equipment and systems company carries ...

AZZ (AZZ) closed at $85 in the latest trading session, marking a +0.47% move from the prior day. The stock outpaced the S&P 500's daily gain of 0.03%. Elsewhere, the Dow saw a downswing of 0.56%, while the tech-heavy Nasdaq appreciated by 0.59%.Prior to today's trading, shares of the electrical equipment maker had gained 16.4% over the past month. This has outpaced the Industrial Products sector's gain of 1.13% and the S&P 500's gain of 4.19% in that time.The investment community will be paying close attent ...

The Industrial Products group has plenty of great stocks, but investors should always be looking for companies that are outperforming their peers. Is AZZ (AZZ) one of those stocks right now? By taking a look at the stock's year-to-date performance in comparison to its Industrial Products peers, we might be able to answer that question.AZZ is one of 222 companies in the Industrial Products group. The Industrial Products group currently sits at #2 within the Zacks Sector Rank. The Zacks Sector Rank gauges the ...

Group 1: Strategic Education (STRA) - Strategic Education provides a range of post-secondary education and academic programs in the United States [1] - The company has a Zacks Rank of 1 (Strong Buy) [1] - The Zacks Consensus Estimate for its current year earnings has increased by 7.1% over the last 60 days [1] - Strategic Education has a PEG ratio of 1.24, compared to 1.80 for the industry [1] - The company possesses a Growth Score of A [1] Group 2: The ODP Corporation (ODP) - The ODP Corporation provides business services, products, and digital workplace technology solutions to various businesses [2] - The company has a Zacks Rank of 1 (Strong Buy) [2] - The Zacks Consensus Estimate for its current year earnings has increased by 5.6% over the last 60 days [2] - ODP has a PEG ratio of 0.49, compared to 0.95 for the industry [2] - The company possesses a Growth Score of B [2] Group 3: AZZ (AZZ) - AZZ is a global provider of metal coating services, welding solutions, and specialty electrical equipment [2] - The company has a Zacks Rank of 1 (Strong Buy) [2] - The Zacks Consensus Estimate for its current year earnings has increased by 5.5% over the last 60 days [2] - AZZ has a PEG ratio of 1.13, compared to 1.54 for the industry [2] - The company possesses a Growth Score of B [2]

The most recent trading session ended with AZZ (AZZ) standing at $76.55, reflecting a -1.19% shift from the previouse trading day's closing. This change lagged the S&P 500's 0.02% loss on the day. At the same time, the Dow lost 0.21%, and the tech-heavy Nasdaq gained 0.29%.The electrical equipment maker's shares have seen a decrease of 0.65% over the last month, not keeping up with the Industrial Products sector's loss of 0.15% and the S&P 500's gain of 1.29%.The investment community will be paying close at ...

Core Viewpoint - The average brokerage recommendation (ABR) for AZZ is 1.67, indicating a consensus leaning towards a "Strong Buy" [1] - Despite the positive ABR, reliance solely on brokerage recommendations may not be prudent due to potential biases [2] Brokerage Recommendation Trends for AZZ - The ABR for AZZ is derived from three brokerage firms, with two out of three recommendations classified as "Strong Buy," representing 66.7% [1] - Studies indicate that brokerage recommendations often exhibit a strong positive bias, with five "Strong Buy" ratings for every "Strong Sell" [2] Zacks Rank and Its Importance - Zacks Rank categorizes stocks from 1 (Strong Buy) to 5 (Strong Sell) and is based on earnings estimate revisions, showing a strong correlation with near-term stock price movements [3][5] - The Zacks Rank is distinct from ABR, as it is a quantitative model reflecting timely earnings estimates rather than just brokerage recommendations [4][6] Earnings Estimate Revisions for AZZ - The Zacks Consensus Estimate for AZZ has increased by 2.7% over the past month to $4.83, indicating growing analyst optimism [7] - The increase in consensus estimates, along with other factors, has led to a Zacks Rank of 1 (Strong Buy) for AZZ, suggesting potential for stock price appreciation [7]

Here are three stocks with buy ranks and strong growth characteristics for investors to consider today May 9th:PDD Holdings Inc. (PDD) : This company which provides an e-commerce platform allowing users to participate in group buying deals, primarily through Tencent's Wechat app, carries a Zacks Rank #1 (Strong Buy), and has witnessed the Zacks Consensus Estimate for its current year earnings increasing 18% over the last 60 days.PDD Holdings has a PEG ratio of 0.33 compared with 0.51 for the industry. The c ...

AZZ (AZZ) is one of the stocks most watched by Zacks.com visitors lately. So, it might be a good idea to review some of the factors that might affect the near-term performance of the stock.Over the past month, shares of this electrical equipment maker have returned -8%, compared to the Zacks S&P 500 composite's -0.4% change. During this period, the Zacks Manufacturing - Electronics industry, which AZZ falls in, has lost 2.7%. The key question now is: What could be the stock's future direction?While media re ...

Group 1: Powell Industries (POWL) - Powell Industries is a metal-working shop supporting petrochemical facilities, holding a Zacks Rank 1 (Strong Buy) [1] - The Zacks Consensus Estimate for Powell Industries' current year earnings has increased by 19.9% over the last 60 days [1] - The company has a PEG ratio of 1.28, which is lower than the industry average of 1.53, and possesses a Growth Score of A [1] Group 2: AZZ (AZZ) - AZZ is a global provider of metal coating services, welding solutions, and specialty electrical equipment, also holding a Zacks Rank 1 [2] - The Zacks Consensus Estimate for AZZ's current year earnings has increased by 5.5% over the last 60 days [2] - AZZ has a PEG ratio of 1.11, compared to the industry average of 1.53, and possesses a Growth Score of B [2] Group 3: Royal Caribbean Cruises (RCL) - Royal Caribbean Cruises operates three global brands: Royal Caribbean International, Celebrity Cruises, and Azamara Club Cruises, with a Zacks Rank 1 [2] - The Zacks Consensus Estimate for Royal Caribbean Cruises' current year earnings has increased by 9.0% over the last 60 days [2] - The company has a PEG ratio of 0.44, significantly lower than the industry average of 1.02, and possesses a Growth Score of B [2]