AZZ (NYSE:AZZ) Releases FY25 Earnings Guidance

AZZ (NYSE:AZZ) updated its FY25 earnings guidance on Tuesday. The company provided earnings per share guidance of $5.00-5.30 for the period, compared to the consensus earnings per share estimate of $5.07. The company issued revenue guidance of $1.55-1.60 billion, compared to the consensus revenue estimate of $1.60 billion.

AZZ Trading Down 0.3 %

Shares of AZZ stock traded down $0.23 on Tuesday, hitting $84.87. The stock had a trading volume of 393,438 shares, compared to its average volume of 204,855. The company has a quick ratio of 1.32, a current ratio of 1.85 and a debt-to-equity ratio of 0.91. AZZ has a one year low of $55.78 and a one year high of $97.98. The stock’s 50-day simple moving average is $86.87 and its two-hundred day simple moving average is $81.79. The stock has a market cap of $2.54 billion, a price-to-earnings ratio of 66.31, a PEG ratio of 1.33 and a beta of 1.30.

AZZ (NYSE:AZZ) last released its quarterly earnings data on Tuesday, January 7th. The industrial products company reported $1.39 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $1.29 by $0.10. The firm had revenue of $403.65 million for the quarter, compared to analysts’ expectations of $394.30 million. AZZ had a net margin of 7.63% and a return on equity of 16.88%. The company’s revenue for the quarter was up 5.8% compared to the same quarter last year. During the same quarter in the previous year, the company earned $1.19 earnings per share. As a group, sell-side analysts predict that AZZ will post 5.08 EPS for the current year.

Analyst Upgrades and Downgrades

Separately, Jefferies Financial Group upped their price objective on shares of AZZ from $105.00 to $110.00 and gave the stock a “buy” rating in a report on Friday, December 6th. Four equities research analysts have rated the stock with a hold rating and four have assigned a buy rating to the company’s stock. According to data from MarketBeat, the stock presently has an average rating of “Moderate Buy” and an average target price of $96.80.

AZZ Company Profile

AZZ Inc provides hot-dip galvanizing and coil coating solutions in North America. It offers metal finishing solutions for corrosion protection, including hot-dip galvanizing, spin galvanizing, powder coating, anodizing, and plating to steel fabrication and other industries, as well as to fabricators or manufacturers that provide services to the transmission and distribution, bridge and highway, petrochemical, and general industrial markets; and original equipment manufacturers.