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AZZ Inc. (AZZ) Hit a 52 Week High, Can the Run Continue?
AZZAZZ(AZZ) 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]Yeartodate,AZZhasgained19.198.13 [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]