AZZ (NYSE:AZZ) Releases FY 2025 Earnings Guidance

AZZ (NYSE:AZZ) updated its FY 2025 earnings guidance on Wednesday. The company provided earnings per share (EPS) guidance of 4.700-5.100 for the period, compared to the consensus estimate of 4.940. The company issued revenue guidance of $1.5 billion-$1.6 billion, compared to the consensus revenue estimate of $1.6 billion. AZZ also updated its FY25 guidance to $4.70-5.10 EPS.

Analyst Ratings Changes

AZZ has been the subject of a number of recent analyst reports. Evercore ISI began coverage on shares of AZZ in a report on Friday, June 14th. They set an outperform rating and a $90.00 price target for the company. Wolfe Research assumed coverage on AZZ in a research report on Wednesday, July 31st. They issued a peer perform rating on the stock. Robert W. Baird assumed coverage on AZZ in a report on Tuesday, July 23rd. They set a neutral rating and a $90.00 price target for the company. Baird R W upgraded shares of AZZ to a hold rating in a report on Tuesday, July 23rd. Finally, B. Riley lifted their price target on shares of AZZ from $89.00 to $99.00 and gave the company a buy rating in a research report on Wednesday, July 17th. Four investment analysts have rated the stock with a hold rating and four have given a buy rating to the company. Based on data from MarketBeat, AZZ presently has an average rating of Moderate Buy and a consensus target price of $95.80.

AZZ Stock Performance

Shares of AZZ stock opened at $77.88 on Friday. The stock has a market capitalization of $2.32 billion, a price-to-earnings ratio of 60.84, a price-to-earnings-growth ratio of 1.18 and a beta of 1.23. The company has a debt-to-equity ratio of 1.36, a current ratio of 1.89 and a quick ratio of 1.28. The business has a 50-day moving average of $78.87 and a 200 day moving average of $78.76. AZZ has a 12 month low of $44.83 and a 12 month high of $88.67.

AZZ (NYSE:AZZ) last announced its quarterly earnings data on Wednesday, October 9th. The industrial products company reported $1.37 earnings per share for the quarter, beating analysts’ consensus estimates of $1.32 by $0.05. The firm had revenue of $409.01 million during the quarter, compared to analysts’ expectations of $409.50 million. AZZ had a net margin of 7.63% and a return on equity of 18.19%. The business’s quarterly revenue was up 2.6% compared to the same quarter last year. During the same quarter in the previous year, the business posted $1.27 earnings per share. As a group, sell-side analysts forecast that AZZ will post 4.95 earnings per share for the current year.

AZZ Announces Dividend

The business also recently announced a quarterly dividend, which will be paid on Friday, November 1st. Investors of record on Friday, October 18th will be issued a $0.17 dividend. The ex-dividend date is Friday, October 18th. This represents a $0.68 dividend on an annualized basis and a yield of 0.87%. AZZ’s dividend payout ratio (DPR) is presently 53.13%.

Insiders Place Their Bets

In related news, COO Bryan Lee Stovall sold 14,545 shares of the firm’s stock in a transaction that occurred on Thursday, July 18th. The shares were sold at an average price of $84.79, for a total value of $1,233,270.55. Following the sale, the chief operating officer now owns 20,000 shares of the company’s stock, valued at $1,695,800. This trade represents a 0.00 % decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this hyperlink. In other AZZ news, COO Bryan Lee Stovall sold 14,545 shares of AZZ stock in a transaction dated Thursday, July 18th. The stock was sold at an average price of $84.79, for a total transaction of $1,233,270.55. Following the completion of the sale, the chief operating officer now directly owns 20,000 shares of the company’s stock, valued at $1,695,800. The trade was a 0.00 % decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available at this link. Also, insider Tara D. Mackey sold 331 shares of the stock in a transaction dated Monday, July 15th. The shares were sold at an average price of $83.50, for a total value of $27,638.50. Following the completion of the transaction, the insider now owns 34,229 shares in the company, valued at approximately $2,858,121.50. The trade was a 0.00 % decrease in their position. The disclosure for this sale can be found here. 2.10% of the stock is owned by company insiders.

About AZZ

AZZ Inc provides hot-dip galvanizing and coil coating solutions in North America. It offers metal finishing solutions for corrosion protection, including hot-dip galvanizing, spin galvanizing, powder coating, anodizing, and plating to steel fabrication and other industries, as well as to fabricators or manufacturers that provide services to the transmission and distribution, bridge and highway, petrochemical, and general industrial markets; and original equipment manufacturers.