Latest news with #AZZ
Yahoo
2 hours ago
- Business
- Yahoo
AZZ (AZZ) Stock Declines While Market Improves: Some Information for Investors
In the latest trading session, AZZ (AZZ) closed at $92.85, marking a -1.68% move from the previous day. The stock's performance was behind the S&P 500's daily gain of 0.09%. The electrical equipment maker's shares have seen an increase of 3.22% over the last month, not keeping up with the Industrial Products sector's gain of 8.52% and the S&P 500's gain of 7.21%. Analysts and investors alike will be keeping a close eye on the performance of AZZ in its upcoming earnings disclosure. The company is forecasted to report an EPS of $1.56, showcasing a 6.85% upward movement from the corresponding quarter of the prior year. Meanwhile, the latest consensus estimate predicts the revenue to be $440.52 million, indicating a 6.61% increase compared to the same quarter of the previous year. Looking at the full year, the Zacks Consensus Estimates suggest analysts are expecting earnings of $5.71 per share and revenue of $1.69 billion. These totals would mark changes of +9.81% and +6.28%, respectively, from last year. Investors should also note any recent changes to analyst estimates for AZZ. These revisions typically reflect the latest short-term business trends, which can change frequently. As a result, upbeat changes in estimates indicate analysts' favorable outlook on the company's business health and profitability. Our research demonstrates that these adjustments in estimates directly associate with imminent stock price performance. To take advantage of this, we've established the Zacks Rank, an exclusive model that considers these estimated changes and delivers an operational rating system. The Zacks Rank system, ranging from #1 (Strong Buy) to #5 (Strong Sell), possesses a remarkable history of outdoing, externally audited, with #1 stocks returning an average annual gain of +25% since 1988. Within the past 30 days, our consensus EPS projection remained stagnant. AZZ currently has a Zacks Rank of #3 (Hold). Digging into valuation, AZZ currently has a Forward P/E ratio of 16.53. This expresses a discount compared to the average Forward P/E of 22.09 of its industry. The Manufacturing - Electronics industry is part of the Industrial Products sector. This industry, currently bearing a Zacks Industry Rank of 90, finds itself in the top 37% echelons of all 250+ industries. The Zacks Industry Rank gauges the strength of our individual industry groups by measuring the average Zacks Rank of the individual stocks within the groups. Our research shows that the top 50% rated industries outperform the bottom half by a factor of 2 to 1. You can find more information on all of these metrics, and much more, on Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report AZZ Inc. (AZZ) : Free Stock Analysis Report This article originally published on Zacks Investment Research ( Zacks Investment Research Sign in to access your portfolio
Yahoo
6 days ago
- Business
- Yahoo
Commercial Building Products Stocks Q1 Recap: Benchmarking Johnson Controls (NYSE:JCI)
Looking back on commercial building products stocks' Q1 earnings, we examine this quarter's best and worst performers, including Johnson Controls (NYSE:JCI) and its peers. Commercial building products companies, which often serve more complicated projects, can supplement their core business with higher-margin installation and consulting services revenues. More recently, advances to address labor availability and job site productivity have spurred innovation. Additionally, companies in the space that can produce more energy-efficient materials have opportunities to take share. However, these companies are at the whim of commercial construction volumes, which tend to be cyclical and can be impacted heavily by economic factors such as interest rates. Additionally, the costs of raw materials can be driven by a myriad of worldwide factors and greatly influence the profitability of commercial building products companies. The 5 commercial building products stocks we track reported a strong Q1. As a group, revenues beat analysts' consensus estimates by 1.9% while next quarter's revenue guidance was 1.6% above. Luckily, commercial building products stocks have performed well with share prices up 13.1% on average since the latest earnings results. Founded after patenting the electric room thermostat, Johnson Controls (NYSE:JCI) specializes in building products and technology solutions, including HVAC systems, fire and security systems, and energy storage. Johnson Controls reported revenues of $5.68 billion, up 1.4% year on year. This print exceeded analysts' expectations by 0.7%. Overall, it was a strong quarter for the company with a solid beat of analysts' organic revenue estimates and an impressive beat of analysts' adjusted operating income estimates. The stock is up 13.6% since reporting and currently trades at $100.83. Is now the time to buy Johnson Controls? Access our full analysis of the earnings results here, it's free. Growing from a small wire manufacturer to one of the largest in the U.S., Insteel (NYSE:IIIN) provides steel wire reinforcing products for concrete. Insteel reported revenues of $160.7 million, up 26.1% year on year, outperforming analysts' expectations by 7.2%. The business had an incredible quarter with an impressive beat of analysts' EPS estimates and a solid beat of analysts' EBITDA estimates. Insteel delivered the biggest analyst estimates beat and fastest revenue growth among its peers. The market seems happy with the results as the stock is up 34.7% since reporting. It currently trades at $35.95. Is now the time to buy Insteel? Access our full analysis of the earnings results here, it's free. Responsible for projects like nuclear facilities, AZZ (NYSE:AZZ) is a provider of metal coating and power infrastructure solutions. AZZ reported revenues of $351.9 million, down 4% year on year, falling short of analysts' expectations by 4.3%. It was a slower quarter as it posted a miss of analysts' EBITDA estimates. AZZ delivered the weakest performance against analyst estimates and weakest full-year guidance update in the group. Interestingly, the stock is up 20% since the results and currently trades at $93.24. Read our full analysis of AZZ's results here. Involved in the design of the Apple Store on Fifth Avenue in New York City, Apogee (NASDAQ:APOG) sells architectural products and services such as high-performance glass for commercial buildings. Apogee reported revenues of $345.7 million, down 4.5% year on year. This result beat analysts' expectations by 4.2%. Overall, it was a strong quarter as it also produced a solid beat of analysts' EBITDA estimates and full-year revenue guidance beating analysts' expectations. Apogee scored the highest full-year guidance raise among its peers. The stock is down 15.5% since reporting and currently trades at $38.74. Read our full, actionable report on Apogee here, it's free. Standing out with its digital keyless entry into self-storage room technology, Janus (NYSE:JBI) is a provider of easily accessible self-storage solutions. Janus reported revenues of $210.5 million, down 17.3% year on year. This number topped analysts' expectations by 2%. It was a very strong quarter as it also logged a solid beat of analysts' adjusted operating income estimates and an impressive beat of analysts' EPS estimates. Janus had the slowest revenue growth among its peers. The stock is up 12.5% since reporting and currently trades at $8.04. Read our full, actionable report on Janus here, it's free. In response to the Fed's rate hikes in 2022 and 2023, inflation has been gradually trending down from its post-pandemic peak, trending closer to the Fed's 2% target. Despite higher borrowing costs, the economy has avoided flashing recessionary signals. This is the much-desired soft landing that many investors hoped for. The recent rate cuts (0.5% in September and 0.25% in November 2024) have bolstered the stock market, making 2024 a strong year for equities. Donald Trump's presidential win in November sparked additional market gains, sending indices to record highs in the days following his victory. However, debates continue over possible tariffs and corporate tax adjustments, raising questions about economic stability in 2025. Want to invest in winners with rock-solid fundamentals? Check out our Top 5 Quality Compounder Stocks and add them to your watchlist. These companies are poised for growth regardless of the political or macroeconomic climate.
Yahoo
6 days ago
- Business
- Yahoo
AZZ (AZZ) Advances But Underperforms Market: Key Facts
The latest trading session saw AZZ (AZZ) ending at $93.24, denoting a +0.15% adjustment from its last day's close. The stock trailed the S&P 500, which registered a daily gain of 0.58%. At the same time, the Dow added 0.51%, and the tech-heavy Nasdaq gained 0.81%. Prior to today's trading, shares of the electrical equipment maker had gained 3.93% over the past month. This has lagged the Industrial Products sector's gain of 4.13% and the S&P 500's gain of 4.61% in that time. Investors will be eagerly watching for the performance of AZZ in its upcoming earnings disclosure. The company's earnings per share (EPS) are projected to be $1.56, reflecting a 6.85% increase from the same quarter last year. Meanwhile, the latest consensus estimate predicts the revenue to be $440.52 million, indicating a 6.61% increase compared to the same quarter of the previous year. Looking at the full year, the Zacks Consensus Estimates suggest analysts are expecting earnings of $5.71 per share and revenue of $1.69 billion. These totals would mark changes of +9.81% and +6.28%, respectively, from last year. It's also important for investors to be aware of any recent modifications to analyst estimates for AZZ. Such recent modifications usually signify the changing landscape of near-term business trends. As a result, upbeat changes in estimates indicate analysts' favorable outlook on the company's business health and profitability. Our research demonstrates that these adjustments in estimates directly associate with imminent stock price performance. Investors can capitalize on this by using the Zacks Rank. This model considers these estimate changes and provides a simple, actionable rating system. Ranging from #1 (Strong Buy) to #5 (Strong Sell), the Zacks Rank system has a proven, outside-audited track record of outperformance, with #1 stocks returning an average of +25% annually since 1988. Over the last 30 days, the Zacks Consensus EPS estimate has witnessed an unchanged state. AZZ is currently sporting a Zacks Rank of #3 (Hold). In terms of valuation, AZZ is currently trading at a Forward P/E ratio of 16.3. This signifies a discount in comparison to the average Forward P/E of 20.79 for its industry. The Manufacturing - Electronics industry is part of the Industrial Products sector. This group has a Zacks Industry Rank of 91, putting it in the top 37% of all 250+ industries. The strength of our individual industry groups is measured by the Zacks Industry Rank, which is calculated based on the average Zacks Rank of the individual stocks within these groups. Our research shows that the top 50% rated industries outperform the bottom half by a factor of 2 to 1. Be sure to follow all of these stock-moving metrics, and many more, on Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report AZZ Inc. (AZZ) : Free Stock Analysis Report This article originally published on Zacks Investment Research ( Zacks Investment Research Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
Yahoo
02-06-2025
- Business
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AZZ Inc. to Participate in the Wolfe Research 2nd Annual Materials of the Future Conference 2025
FORT WORTH, Texas, June 2, 2025 /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, Chief Marketing, Communications, and Investor Relations Officer will participate in the Wolfe Research 2nd Annual Materials of the Future Conference 2025. The conference will be held on June 16-18, 2025, at the Wolfe Research Office, 757 Third Avenue - 5th Floor, in New York City, New York. AZZ will present Wednesday, June 18, 2025, at 11:00-11:30 am eastern, and host one-on-one meetings on June 17-18, 2025. A webcast of the presentation will be available on the Company's investor relations page at A replay of the presentation will be available for 30 days. Investors interested in requesting a meeting with the Company should contact their conference representatives at corporateaccess@ About AZZ Inc. AZZ Inc. is the leading independent provider of hot-dip galvanizing and coil coating solutions to a broad range of end-markets. Collectively, our business segments provide sustainable, unmatched metal coating solutions that enhance the longevity and appearance of buildings, products and infrastructure that are essential to everyday life. Safe Harbor Statement Certain statements herein about our expectations of future events or results constitute forward-looking statements for purposes of the safe harbor provisions of The Private Securities Litigation Reform Act of 1995. You can identify forward-looking statements by terminology such as "may," "could," "should," "expects," "plans," "will," "might," "would," "projects," "currently," "intends," "outlook," "forecasts," "targets," "anticipates," "believes," "estimates," "predicts," "potential," "continue," or the negative of these terms or other comparable terminology. Such forward-looking statements are based on currently available competitive, financial, and economic data and management's views and assumptions regarding future events. Such forward-looking statements are inherently uncertain, and investors must recognize that actual results may differ from those expressed or implied in the forward-looking statements. Forward-looking statements speak only as of the date they are made and are subject to risks that could cause them to differ materially from actual results. Certain factors could affect the outcome of the matters described herein. This press release may contain forward-looking statements that involve risks and uncertainties including, but not limited to, changes in customer demand for our manufactured solutions, including demand by the construction markets, the industrial markets, and the metal coatings markets. We could also experience additional increases in labor costs, components and raw materials including zinc and natural gas, which are used in our hot-dip galvanizing process; supply-chain vendor delays; customer requested delays of our manufactured solutions; delays in additional acquisition opportunities; an increase in our debt leverage and/or interest rates on our debt, of which a significant portion is tied to variable interest rates; availability of experienced management and employees to implement AZZ's growth strategy; a downturn in market conditions in any industry relating to the manufactured solutions that we provide; economic volatility, including a prolonged economic downturn or macroeconomic conditions such as inflation or changes in the political stability in the United States or Canada; tariffs; acts of war or terrorism inside the United States or abroad; and other changes in economic and financial conditions. AZZ has provided additional information regarding risks associated with the business, including in Part I, Item 1A. Risk Factors, in AZZ's Annual Report on Form 10-K for the fiscal year ended February 28, 2025, and other filings with the SEC, available for viewing on AZZ's website at and on the SEC's website at You are urged to consider these factors carefully when evaluating the forward-looking statements herein and are cautioned not to place undue reliance on such forward-looking statements, which are qualified in their entirety by this cautionary statement. These statements are based on information as of the date hereof and AZZ assumes no obligation to update any forward-looking statements, whether as a result of new information, future events, or otherwise. Investor Relations and Company Contact:David Nark, Chief Marketing, Communications, and Investor Relations OfficerAZZ Inc.(817) Investor Contact:Sandy Martin / Phillip KupperThree Part Advisors(214) View original content to download multimedia: SOURCE AZZ, Inc. Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
Yahoo
29-05-2025
- Business
- Yahoo
Here's Why AZZ (AZZ) Fell More Than Broader Market
AZZ (AZZ) closed the latest trading day at $89.93, indicating a -1.46% change from the previous session's end. The stock's performance was behind the S&P 500's daily loss of 0.56%. Elsewhere, the Dow lost 0.58%, while the tech-heavy Nasdaq lost 0.51%. Shares of the electrical equipment maker witnessed a gain of 3.54% over the previous month, trailing the performance of the Industrial Products sector with its gain of 9.95% and the S&P 500's gain of 7.37%. Investors will be eagerly watching for the performance of AZZ in its upcoming earnings disclosure. The company is forecasted to report an EPS of $1.56, showcasing a 6.85% upward movement from the corresponding quarter of the prior year. In the meantime, our current consensus estimate forecasts the revenue to be $440.52 million, indicating a 6.61% growth compared to the corresponding quarter of the prior year. AZZ's full-year Zacks Consensus Estimates are calling for earnings of $5.71 per share and revenue of $1.69 billion. These results would represent year-over-year changes of +9.81% and +7.26%, respectively. Investors should also pay attention to any latest changes in analyst estimates for AZZ. These recent revisions tend to reflect the evolving nature of short-term business trends. As such, positive estimate revisions reflect analyst optimism about the company's business and profitability. Empirical research indicates that these revisions in estimates have a direct correlation with impending stock price performance. To exploit this, we've formed the Zacks Rank, a quantitative model that includes these estimate changes and presents a viable rating system. Ranging from #1 (Strong Buy) to #5 (Strong Sell), the Zacks Rank system has a proven, outside-audited track record of outperformance, with #1 stocks returning an average of +25% annually since 1988. Over the last 30 days, the Zacks Consensus EPS estimate has remained unchanged. At present, AZZ boasts a Zacks Rank of #3 (Hold). From a valuation perspective, AZZ is currently exchanging hands at a Forward P/E ratio of 15.98. This expresses a discount compared to the average Forward P/E of 21.19 of its industry. The Manufacturing - Electronics industry is part of the Industrial Products sector. This industry, currently bearing a Zacks Industry Rank of 83, finds itself in the top 34% echelons of all 250+ industries. The Zacks Industry Rank assesses the strength of our separate industry groups by calculating the average Zacks Rank of the individual stocks contained within the groups. Our research shows that the top 50% rated industries outperform the bottom half by a factor of 2 to 1. Make sure to utilize to follow all of these stock-moving metrics, and more, in the coming trading sessions. Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report AZZ Inc. (AZZ) : Free Stock Analysis Report This article originally published on Zacks Investment Research ( Zacks Investment Research Sign in to access your portfolio
