AZZ(AZZ)
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AZZ (AZZ) Rises Yet Lags Behind Market: Some Facts Worth Knowing
ZACKS· 2024-08-21 22:51
In the latest market close, AZZ (AZZ) reached $79.61, with a +0.09% movement compared to the previous day. The stock trailed the S&P 500, which registered a daily gain of 0.42%. Elsewhere, the Dow saw an upswing of 0.14%, while the tech-heavy Nasdaq appreciated by 0.57%.Shares of the electrical equipment maker have depreciated by 4.9% over the course of the past month, underperforming the Industrial Products sector's loss of 0.87% and the S&P 500's gain of 1.77%.The investment community will be closely moni ...
AZZ: Upward Momentum Should Continue
Seeking Alpha· 2024-08-20 17:45
primeimagesInvestment Thesis AZZ Inc. (NYSE:AZZ) has good growth prospects ahead. The company’s revenue should benefit from good demand for infrastructure and manufacturing projects driven by the ramp-up of government funding like the Infrastructure Investments and Jobs Act (IIJA), Inflation Reduction Act (IRA), and CHIPS and Science Act. In addition, the company’s revenue should also benefit from increasing demand for cooling products within the HVAC sector thanks to the transition toward the new refri ...
AZZ Price Rising As Top And Bottom-Line Results Keep Improving
Seeking Alpha· 2024-08-19 15:53
Francesco Scatena/iStock via Getty Images Investment Thesis Galvanizing company AZZ Inc. (NYSE:AZZ) had been a sleepy stock for most of the past decade. But a change in strategy, involving acquisitions and divestitures, brought new energy to its top and bottom lines: AZZ Revenue EBITDA Net income 10-year chart (Seeking Alpha) Along with those improvements came a new interest in its stock. The share price rose 91.61% over the past five years and 69.27% over the past year. I expect results to keep improving a ...
Wall Street Analysts Think AZZ (AZZ) Is a Good Investment: Is It?
ZACKS· 2024-08-19 14:31
When deciding whether to buy, sell, or hold a stock, investors often rely on analyst recommendations. Media reports about rating changes by these brokerage-firm-employed (or sell-side) analysts often influence a stock's price, but are they really important?Let's take a look at what these Wall Street heavyweights have to say about AZZ (AZZ) before we discuss the reliability of brokerage recommendations and how to use them to your advantage.AZZ currently has an average brokerage recommendation (ABR) of 1.57, ...
Here's Why AZZ (AZZ) Gained But Lagged the Market Today
ZACKS· 2024-08-15 22:51
The most recent trading session ended with AZZ (AZZ) standing at $77.37, reflecting a +0.19% shift from the previouse trading day's closing. The stock lagged the S&P 500's daily gain of 1.61%. Meanwhile, the Dow gained 1.39%, and the Nasdaq, a tech-heavy index, added 2.34%.The the stock of electrical equipment maker has fallen by 10.33% in the past month, lagging the Industrial Products sector's loss of 1.57% and the S&P 500's loss of 2.88%.Analysts and investors alike will be keeping a close eye on the per ...
AZZ Inc. to Participate in the Seaport Research Conference and Granite Research Conference in August 2024
Prnewswire· 2024-08-13 20:15
FORT WORTH, Texas, Aug. 13, 2024 /PRNewswire/ -- AZZ Inc. (NYSE: AZZ), the leading independent provider of hot-dip galvanizing and coil coating solutions in North America, today announced that David Nark, Senior Vice President, Marketing, Communications, and Investor Relations will participate in the Seaport Research Conference and Granite Research Conference in August 2024.The Seaport Research Conference will be a virtual format event held on August 20-21, 2024; AZZ will host one-on-one meetings on both da ...
This Industrial Stock Signals a Bullish Move for Trend Followers
MarketBeat· 2024-07-12 11:11
AZZ TodayAZZAZZ$81.20 +4.69 (+6.13%) 52-Week Range$42.55▼$86.94Dividend Yield0.84%P/E Ratio23.67Price Target$93.75Add to WatchlistTrend-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. The signal on AZZ’s chart is compounded by increased volume and coincident signals in the MACD a ...
AZZ(AZZ) - 2025 Q1 - Earnings Call Transcript
2024-07-11 22:08
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 t ...
AZZ Q1 Earnings and Revenues Surpass Estimates, Rise Y/Y
ZACKS· 2024-07-11 14:01
AZZ Inc. (AZZ) reported first-quarter fiscal 2025 (ended May 31, 2024) adjusted earnings of $1.46 per share, which surpassed the Zacks Consensus Estimate of $1.31. The bottom line increased 28.1% year over year.On a reported basis, the company’s loss was $1.38 per share. Notably, it incurred expenses of $75.2 million related to the redemption premium payment on series A preferred stock.AZZ’s total sales of $413.2 million beat the consensus estimate of $401 million. Also, the top line increased 5.7% year ove ...
AZZ (AZZ) Q1 Earnings and Revenues Beat Estimates
ZACKS· 2024-07-10 22:30
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. These figures are adjusted for non-recurring items.This quarterly report represents an earnings surprise of 11.45%. A quarter ago, it was expected that this electrical equipment maker would post earnings of $0.70 per share when it actually produced earnings of $0.93, delivering a surprise of 32.86%.Over the last four quarters, the co ...