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AZZ Inc. to Review Fourth Quarter and Fiscal Year 2024 Financial Results on Monday, April 22, 2024
PRNewsWire· 2024-04-05 10:30
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 ...
AZZ Inc. Announces Fiscal Year 2024 Fourth Quarter Cash Dividend of $0.17 per Share
Prnewswire· 2024-04-04 20:30
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 ...
AZZ Inc. Announces Successful Completion of Term Loan B Refinancing in Leverage-Neutral Transaction
Prnewswire· 2024-03-20 20:30
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 ...
AZZ Inc. to Participate in the Sidoti Small Cap Conference and the 36th Annual Roth Conference in March 2024
Prnewswire· 2024-03-04 11:30
FORT WORTH, Texas, March 4, 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 Sidoti Small Cap Conference.  Additionally, Tom Ferguson, President and Chief Executive Officer, as well as Mr. Nark will participate in the 36th Annual Roth Conference.  The Sidoti Small Cap Conference, prese ...
AZZ vs. ETN: Which Stock Is the Better Value Option?
Zacks Investment Research· 2024-03-01 17:41
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 ...
Is AZZ (AZZ) Stock Outpacing Its Industrial Products Peers This Year?
Zacks Investment Research· 2024-02-23 15:46
Investors interested in Industrial Products stocks should always be looking to find the best-performing companies in the group. Is AZZ (AZZ) one of those stocks right now? A quick glance at the company's year-to-date performance in comparison to the rest of the Industrial Products sector should help us answer this question.AZZ is one of 227 companies in the Industrial Products group. The Industrial Products group currently sits at #3 within the Zacks Sector Rank. The Zacks Sector Rank considers 16 different ...
Here's Why Momentum in AZZ (AZZ) Should Keep going
Zacks Investment Research· 2024-02-21 14:56
Most of us have heard the dictum "the trend is your friend." And this is undeniably the key to success when it comes to short-term investing or trading. But it isn't easy to ensure the sustainability of a trend and profit from it.The trend often reverses before exiting the trade, leading to a short-term capital loss for investors. So, for a profitable trade, one should confirm factors such as sound fundamentals, positive earnings estimate revisions, etc. that could keep the momentum in the stock alive.Our " ...
Best Value Stocks to Buy for February 13th
Zacks Investment Research· 2024-02-13 12:16
Here are three stocks with buy rank and strong value characteristics for investors to consider today, February 13:Griffon Corporation (GFF) : This company which provides consumer and professional, and home and building products carries a Zacks Rank #1, and has witnessed the Zacks Consensus Estimate for its current year earnings increasing 3.9% over the last 60 days.Griffon Corporation has a price-to-earnings ratio (P/E) of 14.29 compared with 21.28 for the S&P. The company possesses a Value Score of B.AZZ I ...
4 Stocks to Buy as Manufacturing Activity Makes Steady Rebound
Zacks Investment Research· 2024-02-06 15:01
The manufacturing sector was one of the biggest sufferers over the past couple of years as inflation hit a 40-year high, which compelled the Federal Reserve to adopt an aggressive monetary tightening campaign. Higher interest rates slowed demand and the manufacturing sector started shrinking.Although the crisis is far from over, manufacturing activity has steadily made a rebound for the last two months, thanks to cooling inflation and easing price pressures. The Institute for Supply Management (“ISM”) repor ...
AZZ Issues 2025 Guidance, Focuses on Working Capital Improvements
Zacks Investment Research· 2024-02-05 14:56
AZZ Inc. (AZZ) announced its guidance for fiscal 2025 and reaffirmed its previously issued projection for fiscal 2024. Fiscal 2025 refers to the 12-month period beginning Mar 1, 2024, and ending Feb 28, 2025.Last month, the company reported third-quarter fiscal 2024 earnings of $1.19 per share, which surpassed the Zacks Consensus Estimate of 99 cents by 20.2%. Total revenues for the reported quarter came in at $382 million, which outpaced the Zacks Consensus Estimate of $378 million by 0.9%.Highlights of th ...