Core Viewpoint - AZZ Inc. will participate in the Wolfe Research 2nd Annual Materials of the Future Conference 2025, highlighting its position as a leading provider of hot-dip galvanizing and coil coating solutions in North America [1][2]. Company Overview - AZZ Inc. is recognized as the leading independent provider of hot-dip galvanizing and coil coating solutions, serving a diverse range of end-markets [3]. - The company's business segments offer sustainable metal coating solutions that enhance the longevity and appearance of essential infrastructure and products [3]. Conference Details - The conference is scheduled for June 16-18, 2025, in New York City, with AZZ's presentation set for June 18, 2025, from 11:00 to 11:30 am Eastern Time [2]. - One-on-one meetings will be hosted on June 17-18, 2025, and a webcast of the presentation will be available on the company's investor relations page for 30 days [2].

AZZ (AZZ) closed the latest trading day at $89.93, indicating a -1.46% change from the previous session's end. The stock's performance was behind the S&P 500's daily loss of 0.56%. Elsewhere, the Dow lost 0.58%, while the tech-heavy Nasdaq lost 0.51%.Shares of the electrical equipment maker witnessed a gain of 3.54% over the previous month, trailing the performance of the Industrial Products sector with its gain of 9.95% and the S&P 500's gain of 7.37%.Investors will be eagerly watching for the performance ...

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?Before we discuss the reliability of brokerage recommendations and how to use them to your advantage, let's see what these Wall Street heavyweights think about AZZ (AZZ) .AZZ currently has an average brokerage recommendation (ABR) of 1.50, on a scale of 1 ...

Company Performance - AZZ closed at $89.61, reflecting a -0.76% change from the previous day, underperforming the S&P 500's daily loss of 0.04% [1] - Over the past month, AZZ shares gained 10.62%, which is lower than the Industrial Products sector's gain of 15.49% and the S&P 500's gain of 13.42% [1] Upcoming Earnings - The upcoming earnings per share (EPS) for AZZ is projected at $1.56, indicating a 6.85% increase compared to the same quarter last year [2] - Revenue for the upcoming quarter is estimated at $440.52 million, reflecting a 6.61% rise from the equivalent quarter last year [2] Fiscal Year Estimates - For the entire fiscal year, earnings are predicted to be $5.71 per share, with a revenue forecast of $1.69 billion, representing changes of +9.81% and +7.26% respectively from the previous year [3] - Recent modifications to analyst estimates indicate a positive outlook for AZZ's business and profitability [3] Zacks Rank and Valuation - AZZ currently holds a Zacks Rank of 3 (Hold), with the Zacks Consensus EPS estimate moving 2.02% lower over the past month [5] - The Forward P/E ratio for AZZ is 15.81, which is a discount compared to the industry average Forward P/E of 21.73 [6] Industry Context - The Manufacturing - Electronics industry, part of the Industrial Products sector, has a Zacks Industry Rank of 60, placing it in the top 25% of over 250 industries [6] - The Zacks Industry Rank measures the strength of individual industry groups, with the top 50% rated industries outperforming the bottom half by a factor of 2 to 1 [7]

Summary of AZZ FY Conference Call Company Overview - AZZ is the leading independent galvanizing firm in the US, recently expanded by acquiring Precoat Metals, a major player in metal coating and precoating steel and aluminum [1][3][4] Financial Performance - AZZ has shown strong financial results over the past two to three years, with expectations for continued improvement [2] - Sales for the metal coatings segment reached $665 million, while Precoat Metals generated $912 million in sales [10] - The company has a consistent adjusted EBITDA margin of 27% to 32% for metal coatings and a slightly lower margin for Precoat Metals due to higher paint costs [13] Strategic Focus - The company aims to grow faster than GDP and is investing in a new aluminum coil coating line in Washington, Missouri, with a $125 million investment [5][14] - AZZ is committed to reducing debt, having reduced it by $110 million in the past two years, with a target of at least $165 million reduction this year [6][19] - The company is back in the M&A pipeline, looking for both small and larger acquisition opportunities, particularly in the Precoat Metals segment [6][25] Market Dynamics - AZZ operates in various end markets, including construction, industrial, transportation, consumer goods, and electrical sectors, benefiting from funding through the AIIJA [9] - The company has no exposure to steel or aluminum price fluctuations as it operates on a toll processing model [11] Technology and Innovation - AZZ has invested in proprietary technology, including a digital galvanizing system and Coil Zone, enhancing customer efficiency and visibility [12][16][17] - The company has been recognized for its sustainability efforts, being named one of America's most responsible companies for three consecutive years [18] Economic Resilience - AZZ's metal coatings segment demonstrated resilience during economic downturns, with EBITDA growth during the last cycle [20] - The company is focused on strategic capital allocation, including M&A, managing leverage, and returning capital to shareholders [21] Guidance - For the fiscal year, AZZ projects sales between $1.625 billion and $1.725 billion, adjusted EBITDA of $360 million to $400 million, and EPS in the range of $5.50 to $6.10 [21]

Core Points - AZZ Inc. is participating in the Oppenheimer 20th Annual Industrial Conference, with David Nark representing the company [1][2] - The conference will be held virtually from May 5-8, 2025, and AZZ's presentation is scheduled for May 6, 2025, at 10:30 AM Eastern [2] - 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] Company Overview - AZZ Inc. specializes in sustainable metal coating solutions that enhance the longevity and appearance of buildings, products, and infrastructure [3] - The company operates in various segments that collectively provide unmatched metal coating solutions essential for everyday life [3] Investor Relations - Investors can access a webcast of the presentation on the company's investor relations page, with a replay available for 30 days [2] - Interested investors can request one-on-one meetings with the company during the conference [2][5]

Core Viewpoint - AZZ Inc. has resumed its stock repurchase program, utilizing a $100 million Share Repurchase Program and a 10b5-1 plan to facilitate share buybacks while ensuring compliance with insider trading laws [1][2][3]. Group 1: Stock Repurchase Program - The company has purchased approximately $46.8 million worth of shares to date, leaving a remaining balance of $53.2 million available for future repurchases under the program [1]. - The 10b5-1 plan allows AZZ to repurchase shares during periods when it might otherwise be restricted, thus supporting its disciplined capital allocation strategy [2][3]. - A third-party broker will execute the repurchases under the 10b5-1 plan, adhering to predetermined parameters regarding timing, price, and volume [3]. Group 2: Management's Commitment - The President and CEO of AZZ Inc. emphasized the company's commitment to returning value to shareholders while maintaining flexibility and compliance with regulatory requirements [3]. - The resumption of stock purchases is seen as a strategic move to opportunistically repurchase shares while still funding growth initiatives and deploying capital to enhance shareholder value [3]. Group 3: Company Overview - AZZ Inc. is recognized as a leading independent provider of hot-dip galvanizing and coil coating solutions, serving a broad range of end-markets [5]. - The company's business segments offer sustainable metal coating solutions that improve the longevity and appearance of essential infrastructure and products [5].

Group 1 - The article discusses how a company's financial performance that falls short of analysts' expectations does not always lead to a decline in share price, highlighting exceptions in the market [1] - Crude Value Insights provides an investment service focused on oil and natural gas, emphasizing cash flow and companies that generate it, which leads to potential value and growth opportunities [1] Group 2 - Subscribers of Crude Value Insights gain access to a stock model account with over 50 stocks, detailed cash flow analyses of exploration and production (E&P) firms, and live discussions about the sector [2] - A promotional offer is available for a two-week free trial, encouraging new users to explore opportunities in the oil and gas sector [3]

Financial Data and Key Metrics Changes - For fiscal year 2025, the company reported sales of $1.578 billion, an increase of 2.6% from the prior year [21] - Net income before preferred stock dividend was $128.8 million, a 26.8% increase compared to the prior year [22] - Gross margins for the year improved to 24.3%, an increase of 70 basis points from the previous year [22] - In the fourth quarter, sales were $351.9 million, down 4% from the same quarter in fiscal year 2024 [23] - Adjusted net income for Q4 was $29.6 million, a 7.9% increase from the prior year [27] Business Line Data and Key Metrics Changes - Metal coatings generated sales of $665 million, while pre-coat metals generated $912 million for fiscal year 2025 [11] - Metal coatings delivered an EBITDA margin of 30.9%, while pre-coat metals had an EBITDA margin of 19.6%, both showing strength from increased volume and improved operational performance [13][14] - The galvanizing segment within metal coatings increased by 2.6% [21] Market Data and Key Metrics Changes - The construction sector, particularly bridge and highway construction, drove significant sales growth due to infrastructure investments [12] - The company experienced over 200 days of lost production in Q4 due to adverse weather conditions, impacting construction activity [12][13] - Organic top-line growth for the full year was 2.6% over the prior year [37] Company Strategy and Development Direction - The company plans to focus on debt reduction while also prioritizing capital allocation strategies, including paying dividends and investing in enterprise-wide technologies [16] - The strategy includes pursuing both organic market share growth and inorganic acquisition growth [19] - The company is evaluating M&A opportunities in the U.S. market, focusing on synergistic targets that enhance long-term shareholder value [17][18] Management's Comments on Operating Environment and Future Outlook - Management expressed optimism about a strong start in Q1 2026, particularly in metal coatings, recovering from the previous quarter's weather impacts [48][49] - The company anticipates continued infrastructure spending related to the AIIJA program and expects public and private investment to remain resilient [37] - Management reiterated guidance for fiscal year 2026, projecting sales between $1.625 billion and $1.725 billion, with adjusted EBITDA of $360 to $400 million [41] Other Important Information - The company generated cash flows from operations of $249.9 million in fiscal year 2025, allowing for significant debt repayment and funding of a new facility [28] - The company announced a definitive agreement to sell its Electric Products Group for approximately $975 million, expected to close in the first half of calendar year 2025 [32][33] - The new aluminum coil coating facility in Washington, Missouri, has started commercial production and is expected to ramp up volumes throughout the fiscal year [29][30] Q&A Session Summary Question: What is the outlook for recovery from bad winter weather? - Management indicated that April showed recovery from Q4 shortfalls, with strong performance expected in metal coatings [48] Question: What is included in the guidance for the Avail joint venture? - Guidance reflects minimal impact from the Avail JV, with a nominal level of income expected post-sale [55] Question: How is the order book momentum affected by the macroeconomic environment? - Management reported positive short-term outlooks, with projects moving forward and customer confirmations [60] Question: What are the debt reduction goals following the JV transaction? - Management confirmed that reducing debt by approximately $300 million is realistic, with plans to utilize proceeds from the JV sale for this purpose [70][76] Question: What is the expected impact of weather on Q4 results? - Management estimated lost revenue of $8 to $12 million due to weather, most of which has been recovered in subsequent months [88] Question: Are there any materials impacted by tariffs? - Management confirmed that while some secondary supply items have been impacted, key inputs like zinc and paint remain unaffected [125][128] Question: What is the potential for acquisitions moving forward? - The acquisition pipeline looks strong, with several active deals being evaluated, particularly in galvanizing and pre-coat segments [101]

AZZ (AZZ) came out with quarterly earnings of $0.98 per share, beating the Zacks Consensus Estimate of $0.95 per share. This compares to earnings of $0.93 per share a year ago. These figures are adjusted for non-recurring items.This quarterly report represents an earnings surprise of 3.16%. A quarter ago, it was expected that this electrical equipment maker would post earnings of $1.29 per share when it actually produced earnings of $1.39, delivering a surprise of 7.75%.Over the last four quarters, the comp ...