AZZ (NYSE:AZZ) Issues FY 2025 Earnings Guidance

AZZ (NYSE:AZZGet Free Report) issued an update on its FY 2025 earnings guidance on Wednesday morning. The company provided EPS guidance of 4.500-5.000 for the period, compared to the consensus EPS estimate of 4.880. The company issued revenue guidance of $1.5 billion-$1.6 billion, compared to the consensus revenue estimate of $1.6 billion. AZZ also updated its FY25 guidance to $4.50-5.00 EPS.

Wall Street Analysts Forecast Growth

Several brokerages have recently weighed in on AZZ. Jefferies Financial Group began coverage on AZZ in a report on Monday, May 20th. They set a buy rating and a $105.00 price target for the company. Noble Financial upgraded AZZ from a market perform rating to an outperform rating and set a $95.00 price target for the company in a report on Tuesday, June 11th. StockNews.com cut AZZ from a buy rating to a hold rating in a research report on Tuesday, May 21st. Evercore ISI initiated coverage on AZZ in a research report on Friday, June 14th. They set an outperform rating and a $90.00 price objective on the stock. Finally, B. Riley increased their price objective on AZZ from $67.00 to $85.00 and gave the company a buy rating in a research report on Tuesday, April 23rd. One analyst has rated the stock with a hold rating and four have given a buy rating to the company’s stock. According to data from MarketBeat.com, AZZ currently has an average rating of Moderate Buy and an average price target of $93.75.

Get Our Latest Report on AZZ

AZZ Stock Performance

NYSE:AZZ traded up $1.52 on Wednesday, hitting $76.51. The stock had a trading volume of 359,951 shares, compared to its average volume of 254,019. The stock has a market cap of $2.28 billion, a price-to-earnings ratio of 21.88, a price-to-earnings-growth ratio of 1.10 and a beta of 1.25. The company has a quick ratio of 1.28, a current ratio of 1.89 and a debt-to-equity ratio of 1.36. The business’s 50-day simple moving average is $78.56 and its two-hundred day simple moving average is $72.51. AZZ has a 52-week low of $42.15 and a 52-week high of $86.94.

AZZ (NYSE:AZZGet Free Report) last announced its earnings results on Monday, April 22nd. The industrial products company reported $0.93 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.70 by $0.23. AZZ had a return on equity of 15.66% and a net margin of 6.61%. The business had revenue of $366.50 million for the quarter, compared to analysts’ expectations of $351.67 million. During the same period last year, the firm posted $0.30 earnings per share. The business’s revenue for the quarter was up 8.9% on a year-over-year basis. As a group, research analysts predict that AZZ will post 4.96 earnings per share for the current year.

AZZ Announces Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Wednesday, July 31st. Stockholders of record on Wednesday, July 10th will be paid a $0.17 dividend. This represents a $0.68 annualized dividend and a dividend yield of 0.89%. The ex-dividend date of this dividend is Wednesday, July 10th. AZZ’s dividend payout ratio (DPR) is currently 19.83%.

About AZZ

(Get Free Report)

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.

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Earnings History and Estimates for AZZ (NYSE:AZZ)

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