AZZ (AZZ) could be a solid choice for investors given its recent upgrade to a Zacks Rank #1 (Strong Buy). This upgrade primarily reflects an upward trend in earnings estimates, which is one of the most powerful forces impacting stock prices.The Zacks rating relies solely on a company's changing earnings picture. It tracks EPS estimates for the current and following years from the sell-side analysts covering the stock through a consensus measure -- the Zacks Consensus Estimate.Since a changing earnings pictu ...

Here are three stocks with buy ranks and strong growth characteristics for investors to consider today, April 12th:AZZ Inc. (AZZ) : This galvanizing and coil coating solutions company carries a Zacks Rank #1, and has witnessed the Zacks Consensus Estimate for its next year earnings increasing 2.8% over the last 60 days.AZZ has a PEG ratio of 1.19 compared with 3.70 for the industry. The company possesses a Growth Score  of B.Cimpress plc (CMPR) : This mass customizer of printing and related products carries ...

Core Insights - Two stocks are highlighted for investors with strong value characteristics: SIGA Technologies, Inc. and AZZ Inc. [1] Company Summaries SIGA Technologies, Inc. (SIGA) - SIGA is a pharmaceutical company with a Zacks Rank of 1 - The Zacks Consensus Estimate for its current year earnings has increased by 9.9% over the last 60 days - The company has a price-to-earnings ratio (P/E) of 7.57, significantly lower than the S&P 500's P/E of 20.64 - SIGA possesses a Value Score of B [1] AZZ Inc. (AZZ) - AZZ is a company specializing in galvanizing and coil coating solutions, also holding a Zacks Rank of 1 - The Zacks Consensus Estimate for its next year earnings has increased by 2.8% over the last 60 days - AZZ has a price-to-earnings ratio (P/E) of 16.60, compared to the industry average P/E of 42.20 - The company also possesses a Value Score of B [1]

Core Viewpoint - AZZ Inc. has revised its financial guidance for fiscal year 2025, indicating confidence in operational performance and growth opportunities in various end-markets [1][2]. Financial Guidance - Revised FY 2025 guidance includes: - Sales: $1.525 - $1.625 billion, up from $1.5 - $1.6 billion [1] - Adjusted EBITDA: $310 - $360 million, up from $300 - $350 million [1] - Adjusted Diluted EPS: $4.50 - $5.00, up from $4.25 - $4.75 [1] - The guidance excludes future acquisitions and includes approximately $15-$18 million of equity income from a minority interest in an unconsolidated subsidiary [1]. Operational Performance - The company is experiencing strength in many end-markets and has successfully repriced its Term Loan B, reducing the interest rate margin by 50 basis points [2]. - S&P Global upgraded the rating on AZZ's senior secured debt to 'BB-' from 'B', reflecting improved financial stability [2]. - Capital expenditures for FY 2025 are expected to remain at approximately $100 - $120 million, with a focus on completing a greenfield plant in Missouri [2]. Strategic Focus - The company aims to achieve organic growth within its Metal Coatings and Precoat Metals segments, focusing on market share growth and superior customer service [3]. - AZZ generates industry-leading margins and free cash flow, with plans to allocate cash flow to further deleverage the company by approximately $60 - $90 million [2][3]. Company Overview - AZZ Inc. is a leading independent provider of hot-dip galvanizing and coil coating solutions, serving a broad range of end-markets [4]. - The company's solutions enhance the longevity and appearance of essential infrastructure and products [4].

Manufacturing activity in the euro area remained sluggish since the coronavirus outbreak. International trade strains and a moribund automobile industry disrupted economic growth in the eurozone. Manufacturing output, regrettably, contracted at a steeper pace last month as demand continued to wane.Compiled by S&P Global, the HCOB’s Eurozone Manufacturing PMI dropped to 46.1 in March from February’s reading of 46.5. The index stayed below the 50 mark, indicating contraction in factory output. The index notch ...

FORT WORTH, Texas, April 5, 2024 /PRNewswire/ -- AZZ Inc. (NYSE: AZZ), the leading independent provider of hot-dip galvanizing and coil coating solutions, today announced it will conduct a conference call to review the financial results for the fourth quarter and fiscal year 2024 at 11:00 a.m. ET on Monday, April 22, 2024. The Company will issue a press release reporting fourth quarter and full year financial results before the market opens on April 22, 2024.Conference Call DetailsInterested parties can acc ...

FORT WORTH, Texas, April 4, 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 fourth 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 May 2, 2024, to shareholders of record as of the close of business on April 17, 2024. While AZZ currently intends to pay regular quarterly cash dividends for t ...

FORT WORTH, Texas, March 20, 2024 /PRNewswire/ -- AZZ Inc. (NYSE: AZZ), the leading independent provider of hot-dip galvanizing and coil coating solutions in North America, today announced the successful repricing of AZZ's currently existing $980 million Term Loan B due May 13, 2029.  The repricing reduces the interest rate margin on the Term Loan B by 50 basis points to SOFR + 325 basis points resulting in annual interest savings of approximately $5 million per year. Philip Schlom, Chief Financial Officer ...

Company Participation in Conferences - AZZ Inc. will participate in the Sidoti Small Cap Conference on March 13-14, 2024, with a presentation scheduled for 10 am Eastern on March 13 [1] - The company will also participate in the 36th Annual Roth Conference on March 18-19, 2024, hosting one-on-one meetings during the event [1] Webcast Information - The Sidoti presentation will be available via webcast, accessible through the investor relations section of the AZZ website [2] Company Overview - AZZ Inc. is recognized as the leading independent provider of hot-dip galvanizing and coil coating solutions in North America, serving a wide range of end-markets [3] - The company's business segments offer sustainable metal coating solutions that enhance the longevity and appearance of essential buildings, products, and infrastructure [3]

Investors looking for stocks in the Manufacturing - Electronics sector might want to consider either AZZ (AZZ) or Eaton (ETN) . But which of these two stocks presents investors with the better value opportunity right now? Let's take a closer look.We have found that the best way to discover great value opportunities is to pair a strong Zacks Rank with a great grade in the Value category of our Style Scores system. The Zacks Rank is a proven strategy that targets companies with positive earnings estimate revi ...