AZZ (NYSE:AZZ) Updates FY 2025 Earnings Guidance

AZZ (NYSE:AZZ) issued an update on its FY 2025 earnings guidance on Tuesday morning. The company provided earnings per share guidance of 5.000-5.300 for the period, compared to the consensus earnings per share estimate of 5.070. The company issued revenue guidance of $1.6 billion-$1.6 billion, compared to the consensus revenue estimate of $1.6 billion. AZZ also updated its FY25 guidance to $5.00-5.30 EPS.

Wall Street Analysts Forecast Growth

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

AZZ Trading Down 0.3 %

NYSE AZZ traded down $0.23 during mid-day trading on Tuesday, reaching $84.87. 396,536 shares of the stock were exchanged, compared to its average volume of 230,743. The business’s fifty day simple moving average is $86.87 and its 200 day simple moving average is $81.79. The company has a debt-to-equity ratio of 0.91, a quick ratio of 1.32 and a current ratio of 1.85. The stock has a market capitalization of $2.54 billion, a PE ratio of 66.31, a PEG ratio of 1.33 and a beta of 1.30. AZZ has a 1-year low of $55.78 and a 1-year high of $97.98.

AZZ (NYSE:AZZ) last announced its quarterly earnings data on Tuesday, January 7th. The industrial products company reported $1.39 EPS for the quarter, beating analysts’ consensus estimates of $1.29 by $0.10. AZZ had a return on equity of 16.88% and a net margin of 7.63%. The business had revenue of $403.65 million during the quarter, compared to the consensus estimate of $394.30 million. During the same quarter in the previous year, the business earned $1.19 earnings per share. The business’s revenue for the quarter was up 5.8% on a year-over-year basis. On average, research analysts anticipate that AZZ will post 5.08 earnings per share for the current fiscal year.

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.