AZZ(AZZ)

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AZZ Inc. (AZZ) Hit a 52 Week High, Can the Run Continue?
ZACKS· 2025-02-11 15:16
Company Performance - AZZ shares have increased by 18.8% over the past month and reached a new 52-week high of $98.13 [1] - Year-to-date, AZZ has gained 19.1%, outperforming the Zacks Industrial Products sector's 2.1% and the Zacks Manufacturing - Electronics industry's -0.9% [1] Earnings and Valuation - AZZ has a strong record of positive earnings surprises, having beaten earnings consensus estimates in the last four quarters [2] - In the latest earnings report on January 7, 2025, AZZ reported EPS of $1.39, exceeding the consensus estimate of $1.29, and beat revenue estimates by 0.84% [2] - The stock trades at 18.8X current fiscal year EPS estimates, below the peer industry average of 22.3X, and has a trailing cash flow multiple of 10.9X compared to the peer group's average of 19.1X [6] Style and Zacks Rank - AZZ has a Value Score of A, a Growth Score of B, and a Momentum Score of D, resulting in a combined VGM Score of A [5] - The stock currently holds a Zacks Rank of 2 (Buy), indicating rising earnings estimates and potential for further gains [7] Industry Comparison - The Manufacturing - Electronics industry is in the top 24% of all industries, suggesting favorable conditions for both AZZ and its peers [10] - Enersys (ENS), a peer in the industry, has a Zacks Rank of 1 (Strong Buy) and has also shown strong earnings performance, with a 10.3% increase in shares over the past month [8][9]
AZZ Inc. to Participate in Citi's 2025 Global Industrial Tech and Mobility Conference and J.P. Morgan's Global High Yield & Leveraged Finance Conference
Prnewswire· 2025-02-10 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 essential buildings, products, and infrastructure [2] Investor Engagement - David Nark, Senior Vice President of Marketing, Communications, and Investor Relations, will participate in investor conferences, including the Citi 2025 Global Industrial Technology and Mobility Conference and the J.P. Morgan Global High Yield & Leveraged Finance Conference [1][4] - AZZ's management will host one-on-one investor meetings during these events, with specific details for arranging meetings provided [1] Financial Communication - AZZ will present at the J.P. Morgan conference on February 24, 2025, at 5:15 p.m. Eastern [4] - Virtual participation will not be available for the investor presentation on February 24, 2025 [1]
AZZ Inc. Issues Fiscal Year 2026 Guidance
Prnewswire· 2025-02-05 11:30
Core Viewpoint - AZZ Inc. has announced its financial guidance for fiscal year 2026, projecting growth in sales, adjusted EBITDA, and adjusted diluted EPS compared to fiscal year 2025 [1][2]. Financial Guidance - FY2025 Sales: $1.550 - $1.600 billion; FY2026 Sales: $1.625 - $1.725 billion [1] - FY2025 Adjusted EBITDA: $340 - $360 million; FY2026 Adjusted EBITDA: $360 - $400 million [1] - FY2025 Adjusted Diluted EPS: $5.00 - $5.30; FY2026 Adjusted Diluted EPS: $5.50 - $6.10 [1] Operational Focus - The company aims to drive sustainable, profitable organic growth and execute a robust M&A pipeline while generating strong free cash flow [2]. - The Metal Coatings EBITDA range is expected to increase to 27% to 32%, while the Precoat Metals EBITDA range is maintained at 17% to 22% [2]. - Production ramp-up of a new coil coating line in Washington, Missouri is anticipated to reach normal run-rate performance in the second half of FY2026 [2]. Capital Expenditures and Debt Management - Capital expenditures for FY2026 are expected to be approximately $60 to $80 million, down from $100 to $120 million for FY2025 [5]. - Debt reduction is projected in the range of $140 to $180 million, with a debt-to-leverage ratio estimated between 1.5 to 2.5 times [5]. Company Overview - AZZ Inc. is recognized as the leading independent provider of hot-dip galvanizing and coil coating solutions, serving a broad range of end-markets [3]. - The company emphasizes its industry-leading margins, returns, and free cash flow, along with a strong operational footprint in its served markets [2].
AZZ: Tailwinds From Reshoring And Infrastructure Spending
Seeking Alpha· 2025-01-31 16:06
Group 1 - AZZ Inc is a leading provider in the metal coatings sector and has shown promising Q3'25 results, attracting interest for potential investment [1] - The company operates with a focus on high-quality stocks and disciplined capital allocation, aiming for exceptional returns on capital [1] Group 2 - The article reflects a personal investment philosophy centered on investing in businesses that can compound their invested capital over long periods [1]
AZZ Inc. Appoints Jeff Vellines as President and Chief Operating Officer and Kurt Russell as Senior Vice President and Chief Strategic Officer
Prnewswire· 2025-01-23 11:30
Executive Appointments - Jeff Vellines will serve as President and Chief Operating Officer of the Precoat Metals business segment effective March 1, 2025 [1] - Kurt Russell, former President and COO of Precoat Metals, will transition to Senior Vice President and Chief Strategic Officer to focus on growth initiatives [1] - Jeff Vellines joined Precoat Metals in 2011 and has held various leadership roles including Director of Strategic Planning, Vice President of Sales, and Senior Vice President of Commercial Operations [2] - Jeff Vellines was appointed President of AZZ Precoat Metals in Q1 2024 and has a B A in Communications and an M B A from Northwestern's Kellogg School of Management [2] Leadership Commentary - CEO Tom Ferguson expressed excitement about Kurt Russell's new role, citing his extensive experience in the metal coatings industry and successful track record at AZZ Precoat Metals [3] - The promotions of Jeff Vellines and Kurt Russell demonstrate the company's leadership strength, commitment to talent development, and focus on executing strategic plans [3] Company Overview - AZZ Inc is the leading independent provider of hot-dip galvanizing and coil coating solutions in North America [1] - The company operates in the metal coatings market, serving construction and industrial markets [4] - Key raw materials used in AZZ's processes include zinc and natural gas [4]
AZZ Inc. Announces Fiscal Year 2025 Third Quarter Cash Dividend of $0.17 per Share
Prnewswire· 2025-01-16 21:30
FORT WORTH, Texas, Jan. 16, 2025 /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 third 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 February 20, 2025, to shareholders of record as of the close of business on January 30, 2025. While AZZ currently intends to pay regular quarterly cash dividend ...
AZZ vs. EMR: Which Stock Is the Better Value Option?
ZACKS· 2025-01-10 17:51
Investors interested in Manufacturing - Electronics stocks are likely familiar with AZZ (AZZ) and Emerson Electric (EMR) . But which of these two stocks offers value investors a better bang for their buck right now? We'll need to take a closer look.The best way to find great value stocks is to pair a strong Zacks Rank with an impressive grade in the Value category of our Style Scores system. The Zacks Rank favors stocks with strong earnings estimate revision trends, and our Style Scores highlight companies ...
AZZ(AZZ) - 2025 Q3 - Earnings Call Transcript
2025-01-08 19:20
AZZ Inc. (NYSE:AZZ) Q3 2025 Earnings Conference Call January 8, 2024 11:00 AM ET Company Participants Sandy Martin - Investor Relations, Three Part Advisors Tom Ferguson - President and Chief Executive Officer Jason Crawford - Chief Financial Officer David Nark - Senior Vice President, Marketing, Communications, and Investor Relations Officer Conference Call Participants Matthew Krueger - Baird John Franzreb - Sidoti & Company Mark Reichman - Noble Capital Markets Adam Thalhimer - Thompson Davis Daniel Rizz ...
AZZ Q3 Earnings Surpass Estimate, Revenues Increase Y/Y
ZACKS· 2025-01-08 17:21
AZZ Inc. (AZZ) reported third-quarter fiscal 2025 (ended Nov. 30, 2024) earnings of $1.39 per share, which beat the Zacks Consensus Estimate of $1.29. The bottom line increased 16.8% year over year.Total revenues of $403.7 million outperformed the consensus estimate of $400 million. The top line rose 5.8% year over year, driven by market share growth and improvements from mix shifts in end markets, including construction, HVAC and transportation.Stay up-to-date with all quarterly releases: See Zacks Earning ...
AZZ (AZZ) Tops Q3 Earnings and Revenue Estimates
ZACKS· 2025-01-07 23:26
AZZ (AZZ) came out with quarterly earnings of $1.39 per share, beating the Zacks Consensus Estimate of $1.29 per share. This compares to earnings of $1.19 per share a year ago. These figures are adjusted for non-recurring items.This quarterly report represents an earnings surprise of 7.75%. A quarter ago, it was expected that this electrical equipment maker would post earnings of $1.26 per share when it actually produced earnings of $1.37, delivering a surprise of 8.73%.Over the last four quarters, the comp ...