FORT WORTH, Texas, Sept. 24, 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 its existing $890 million Term Loan B which matures May 13, 2029. The repricing reduced the interest rate margin on the Term Loan B by an additional 75 basis points to SOFR + 250 basis points with no change to leverage, covenants, or maturity date. Assuming the same level of indebtedness of $89 ...

FORT WORTH, Texas, Sept. 23, 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 second quarter fiscal year 2025 at 11:00 a.m. ET on Thursday, October 10, 2024. The Company will issue a press release reporting second quarter financial results after the market closes on October 9, 2024.Conference Call Details Interested parties can access the con ...

The latest trading session saw AZZ (AZZ) ending at $74.55, denoting a +1.58% adjustment from its last day's close. The stock's change was more than the S&P 500's daily gain of 1.07%. Meanwhile, the Dow experienced a rise of 0.31%, and the technology-dominated Nasdaq saw an increase of 2.17%.Shares of the electrical equipment maker have depreciated by 2.2% over the course of the past month, underperforming the Industrial Products sector's gain of 0.75% and the S&P 500's gain of 2.92%.The upcoming earnings re ...

FORT WORTH, Texas, Sept. 10, 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 of Marketing, Communications, and Investor Relations will participate in the Sidoti Small Cap and Noble Capital Markets' Basic Industries virtual equity conferences in September 2024.The Sidoti Small Cap Conference will be a virtual only event on September 18-19, 2024, and AZZ will h ...

AZZ (AZZ) ended the recent trading session at $75.49, demonstrating a -1.36% swing from the preceding day's closing price. This change lagged the S&P 500's daily loss of 0.3%. Meanwhile, the Dow lost 0.54%, and the Nasdaq, a tech-heavy index, added 0.25%.Shares of the electrical equipment maker witnessed a gain of 6.16% over the previous month, beating the performance of the Industrial Products sector with its gain of 2.49% and the S&P 500's gain of 3.42%.The investment community will be paying close attent ...

AZZ (AZZ) closed the latest trading day at $76.53, indicating a -1.77% change from the previous session's end. The stock's change was less than the S&P 500's daily loss of 0.16%. Elsewhere, the Dow saw an upswing of 0.09%, while the tech-heavy Nasdaq depreciated by 0.3%.The electrical equipment maker's shares have seen an increase of 4.94% over the last month, surpassing the Industrial Products sector's gain of 3.11% and the S&P 500's gain of 3.64%.Market participants will be closely following the financial ...

Investors often turn to recommendations made by Wall Street analysts before making a Buy, Sell, or Hold decision about a stock. While media reports about rating changes by these brokerage-firm employed (or sell-side) analysts often affect a stock's price, do they really matter?Let's take a look at what these Wall Street heavyweights have to say about AZZ (AZZ) before we discuss the reliability of brokerage recommendations and how to use them to your advantage.AZZ currently has an average brokerage recommend ...

In the latest market close, AZZ (AZZ) reached $79.61, with a +0.09% movement compared to the previous day. The stock trailed the S&P 500, which registered a daily gain of 0.42%. Elsewhere, the Dow saw an upswing of 0.14%, while the tech-heavy Nasdaq appreciated by 0.57%.Shares of the electrical equipment maker have depreciated by 4.9% over the course of the past month, underperforming the Industrial Products sector's loss of 0.87% and the S&P 500's gain of 1.77%.The investment community will be closely moni ...

primeimagesInvestment Thesis AZZ Inc. (NYSE:AZZ) has good growth prospects ahead. The company’s revenue should benefit from good demand for infrastructure and manufacturing projects driven by the ramp-up of government funding like the Infrastructure Investments and Jobs Act (IIJA), Inflation Reduction Act (IRA), and CHIPS and Science Act. In addition, the company’s revenue should also benefit from increasing demand for cooling products within the HVAC sector thanks to the transition toward the new refri ...

Francesco Scatena/iStock via Getty Images Investment Thesis Galvanizing company AZZ Inc. (NYSE:AZZ) had been a sleepy stock for most of the past decade. But a change in strategy, involving acquisitions and divestitures, brought new energy to its top and bottom lines: AZZ Revenue EBITDA Net income 10-year chart (Seeking Alpha) Along with those improvements came a new interest in its stock. The share price rose 91.61% over the past five years and 69.27% over the past year. I expect results to keep improving a ...