AZZ(AZZ)

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AZZ (AZZ) Sees a More Significant Dip Than Broader Market: Some Facts to Know
ZACKS· 2025-04-07 23:05
Company Overview - AZZ closed at $75.96, down 1.35% from the previous session, underperforming the S&P 500's loss of 0.23% [1] - Over the past month, AZZ shares have depreciated by 14.53%, compared to the Industrial Products sector's loss of 10.4% and the S&P 500's loss of 12.13% [1] Upcoming Earnings - The upcoming earnings report for AZZ is expected on April 21, 2025, with projected EPS of $0.95, indicating a 2.15% increase year-over-year [2] - Quarterly revenue is estimated at $369.08 million, reflecting a 0.7% increase from the same period last year [2] Analyst Estimates - Recent modifications to analyst estimates for AZZ are crucial as they reflect near-term business trends, with positive revisions indicating a favorable business outlook [3] - The Zacks Rank system, which incorporates estimate changes, has shown a strong track record of outperformance [4] Zacks Rank and Performance - AZZ currently holds a Zacks Rank of 2 (Buy), with a 0.1% rise in the Zacks Consensus EPS estimate over the past month [5] - The Zacks Rank system has historically provided an average annual return of +25% for 1 rated stocks since 1988 [5] Valuation Metrics - AZZ is trading at a Forward P/E ratio of 13.23, which is below the industry average of 18.41 [6] - The company has a PEG ratio of 0.94, compared to the Manufacturing - Electronics industry's average PEG ratio of 1.57 [6] Industry Context - The Manufacturing - Electronics industry is part of the Industrial Products sector and has a Zacks Industry Rank of 26, placing it in the top 11% of over 250 industries [7] - Top-rated industries, as per the Zacks Industry Rank, tend to outperform lower-rated industries by a factor of 2 to 1 [7]
AZZ Inc. to Review Fourth Quarter and Fiscal Year 2025 Financial Results on Tuesday, April 22, 2025
Prnewswire· 2025-03-31 20:15
FORT WORTH, Texas, March 31, 2025 /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 2025 at 11:00 a.m. ET on Tuesday, April 22, 2025. The Company will issue a press release reporting fourth quarter and full fiscal year financial results after the market closes on April 21, 2025. AZZ Inc. is the leading independent pro ...
Is AZZ (AZZ) a Solid Growth Stock? 3 Reasons to Think "Yes"
ZACKS· 2025-03-31 17:46
Growth stocks are attractive to many investors, as above-average financial growth helps these stocks easily grab the market's attention and produce exceptional returns. But finding a growth stock that can live up to its true potential can be a tough task. By their very nature, these stocks carry above-average risk and volatility. Moreover, if a company's growth story is over or nearing its end, betting on it could lead to significant loss. Cash Flow Growth Cash is the lifeblood of any business, but higher-t ...
Wall Street Analysts Look Bullish on AZZ (AZZ): Should You Buy?
ZACKS· 2025-03-31 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? Of the seven recommendations that derive the current ABR, five are Strong Buy, representing 71.4% of all recommendations. Brokerage Recommendation Trends for AZZ Check price target & stock forecast for AZZ here>>> While the ABR calls for buying AZZ, it m ...
AZZ (AZZ) Stock Falls Amid Market Uptick: What Investors Need to Know
ZACKS· 2025-03-21 22:55
Group 1 - AZZ's stock closed at $82.44, down 1.48% from the previous session, underperforming the S&P 500, which gained 0.08% [1] - Over the past month, AZZ shares have decreased by 14.32%, compared to a 5.98% loss in the Industrial Products sector and a 7.33% loss in the S&P 500 [1] Group 2 - The upcoming earnings report for AZZ is expected to show an EPS of $0.95, reflecting a 2.15% increase year-over-year, with revenue forecasted at $369.08 million, indicating a 0.7% growth [2] - Recent revisions to analyst forecasts for AZZ are important as they reflect short-term business trends and can indicate analysts' positive outlook on the company's health and profitability [3] Group 3 - The Zacks Rank system, which ranges from 1 (Strong Buy) to 5 (Strong Sell), has a history of outperforming, with 1 stocks averaging a 25% annual gain since 1988; AZZ currently holds a Zacks Rank of 2 (Buy) [5] - The Zacks Consensus EPS estimate for AZZ has increased by 0.1% in the past month [5] Group 4 - AZZ is currently trading at a Forward P/E ratio of 14.38, which is below the industry average of 23.76, indicating a discount [6] - The company has a PEG ratio of 1.03, compared to the Manufacturing - Electronics industry's average PEG ratio of 1.93 [7] Group 5 - The Manufacturing - Electronics industry, which includes AZZ, has a Zacks Industry Rank of 47, placing it in the top 19% of over 250 industries, suggesting strong performance potential [8]
3 Reasons Why Growth Investors Shouldn't Overlook AZZ (AZZ)
ZACKS· 2025-03-14 17:45
Core Viewpoint - Growth investors are focused on stocks with above-average financial growth, but identifying such stocks can be challenging due to associated risks and volatility [1] Group 1: Company Overview - AZZ is recommended as a cutting-edge growth stock due to its favorable Growth Score and top Zacks Rank [2] - The company has a historical EPS growth rate of 20.8%, with projected EPS growth of 13.7% this year, surpassing the industry average of 11.4% [4] Group 2: Financial Metrics - AZZ's year-over-year cash flow growth is 23.9%, significantly higher than the industry average of 14.2% [5] - The company's annualized cash flow growth rate over the past 3-5 years is 17.1%, compared to the industry average of 8.7% [6] Group 3: Earnings Estimates - The current-year earnings estimates for AZZ have been revised upward, with the Zacks Consensus Estimate increasing by 0.1% over the past month [7] - AZZ has earned a Growth Score of B and carries a Zacks Rank 2 due to positive earnings estimate revisions, positioning it well for outperformance [9]
AZZ Inc. Announces Definitive Agreement by AVAIL Infrastructure Solutions to Divest Electrical Products Business
Prnewswire· 2025-03-10 16:00
Core Viewpoint - AZZ Inc. announced the sale of Avail Infrastructure Solutions' Electrical Products Group to nVent Electric plc for $975 million, reflecting a 12.5 times multiple on the anticipated EBITDA [1][3]. Group 1: Transaction Details - The transaction involves the sale of electrical enclosures, switchgear, and bus systems businesses [1]. - AZZ retains a 40% interest in AVAIL, which will now focus on Industrial Lighting and Welding Solutions, representing approximately 30% of pre-transaction group revenue [2]. - The deal is expected to close in the first half of 2025, pending customary closing conditions [1]. Group 2: Management Commentary - AZZ's CEO highlighted that the divestiture aligns with the company's strategy to focus on metal coating solutions and will generate cash for debt reduction or potential M&A activities [3]. - Fernweh Group's CEO expressed confidence in nVent as the right owner for the Electrical Products Group, emphasizing nVent's strength in the electrical infrastructure market [4]. Group 3: Company Background - AZZ Inc. is a global provider of metal coating solutions, including galvanizing and welding solutions, serving various markets such as power generation and industrial sectors [5]. - Fernweh Group LLC is an investment firm focused on mid- and small-cap industrial sectors, aiming to create value through operational transformation and strategic support [6].
AZZ or ETN: Which Is the Better Value Stock Right Now?
ZACKS· 2025-03-04 17:45
Core Viewpoint - Investors are evaluating AZZ and Eaton as potential undervalued stocks in the Manufacturing - Electronics sector, with AZZ currently appearing as the more favorable option based on valuation metrics and earnings outlook [1][3]. Valuation Metrics - AZZ has a forward P/E ratio of 15.73, significantly lower than Eaton's forward P/E of 23.15, indicating that AZZ may be undervalued relative to its earnings potential [5]. - The PEG ratio for AZZ is 1.12, while Eaton's PEG ratio stands at 2.38, suggesting that AZZ offers better value when considering expected earnings growth [5]. - AZZ's P/B ratio is 2.65 compared to Eaton's P/B of 5.94, further supporting the notion that AZZ is more attractively valued [6]. Earnings Outlook - AZZ holds a Zacks Rank of 2 (Buy), indicating a positive earnings estimate revision trend, while Eaton has a Zacks Rank of 3 (Hold), suggesting a less favorable earnings outlook [3][7]. - The stronger estimate revision activity for AZZ, combined with its superior valuation metrics, positions it as the preferred choice for value investors at this time [7].
AZZ Inc. Announces Successful Repricing of its Senior Secured Revolving Line of Credit
Prnewswire· 2025-03-03 11:30
Core Viewpoint - AZZ Inc. has successfully completed the repricing of its $400 million Senior Secured Revolving Line of Credit, resulting in significantly lower interest costs and demonstrating the company's commitment to reducing interest expenses [1][2]. Financial Summary - The interest rate margin for the Revolving Credit Loans has been reduced from 275-350 basis points to 175-275 basis points, subject to leverage ratio step-downs [1]. - The Commitment Fee applicable to the Revolving Credit Loans has decreased from 25-37.5 basis points to 20-30 basis points, also subject to leverage ratio step-downs [1]. - The Letter of Credit Fees have been reduced from 425 basis points to a range of 175-275 basis points, subject to leverage ratio step-downs [1]. Company Overview - AZZ Inc. is recognized as the leading independent provider of hot-dip galvanizing and coil coating solutions in North America, serving a diverse range of end-markets [2]. - The company's business segments offer sustainable metal coating solutions that enhance the longevity and appearance of essential infrastructure and products [2].
AZZ Inc. to Participate in the 17th Annual Evercore ISI Industrial Conference and the 37th Annual Roth Conference
Prnewswire· 2025-02-24 11:30
Company Overview - AZZ Inc. is the leading independent provider of hot-dip galvanizing and coil coating solutions in North America, serving a broad range of end-markets [2] - The company's business segments offer sustainable metal coating solutions that enhance the longevity and appearance of buildings, products, and infrastructure essential to everyday life [2] Investor Engagement - AZZ's management, including CFO Jason Crawford and Senior VP David Nark, will participate in investor conferences, hosting one-on-one meetings with investors [1][4] - The 17th Annual Evercore ISI Industrial Conference is scheduled for March 4, 2025, in New York City, and the 37th Annual Roth Conference will take place from March 16-18, 2025, in Laguna Beach, California [4]