B. Riley Increases AZZ (NYSE:AZZ) Price Target to $85.00

AZZ (NYSE:AZZ) had its target price upped by equities research analysts at B. Riley from $67.00 to $85.00 in a research report issued to clients and investors on Tuesday, Benzinga reports. The brokerage presently has a “buy” rating on the industrial products company’s stock. B. Riley’s price objective points to a potential upside of 3.12% from the company’s current price. B. Riley also issued estimates for AZZ’s Q1 2025 earnings at $1.26 EPS, Q2 2025 earnings at $1.05 EPS, FY2025 earnings at $5.02 EPS, Q1 2026 earnings at $1.59 EPS, Q2 2026 earnings at $1.44 EPS, Q3 2026 earnings at $1.63 EPS, Q4 2026 earnings at $1.45 EPS and FY2026 earnings at $6.12 EPS.

Several other research analysts have also issued reports on the stock. Noble Financial lowered shares of AZZ from an “outperform” rating to a “market perform” rating and set a $75.00 price target for the company. in a research report on Friday, March 22nd. StockNews.com cut AZZ from a “buy” rating to a “hold” rating in a report on Friday, February 9th.

AZZ Price Performance

Shares of AZZ stock opened at $82.43 on Tuesday. AZZ has a 12 month low of $34.59 and a 12 month high of $84.52. The company has a market capitalization of $2.07 billion, a P/E ratio of 24.03, a P/E/G ratio of 1.16 and a beta of 1.28. The stock has a 50 day moving average of $75.28 and a two-hundred day moving average of $61.35. The company has a current ratio of 1.89, a quick ratio of 1.33 and a debt-to-equity ratio of 1.36.

AZZ (NYSE:AZZ) last posted its quarterly earnings results on Monday, April 22nd. The industrial products company reported $0.93 earnings per share for the quarter, topping analysts’ consensus estimates of $0.70 by $0.23. AZZ had a net margin of 6.61% and a return on equity of 15.66%. The firm had revenue of $366.50 million for the quarter, compared to the consensus estimate of $351.67 million. During the same quarter in the previous year, the company earned $0.30 earnings per share. The business’s revenue was up 8.9% compared to the same quarter last year. As a group, equities analysts expect that AZZ will post 4.71 EPS for the current year.

Institutional Inflows and Outflows

Several institutional investors and hedge funds have recently modified their holdings of AZZ. Financial Synergies Wealth Advisors Inc. bought a new position in AZZ in the 1st quarter valued at $32,000. Covestor Ltd lifted its position in AZZ by 131.5% during the 3rd quarter. Covestor Ltd now owns 903 shares of the industrial products company’s stock worth $41,000 after buying an additional 513 shares in the last quarter. Hennion & Walsh Asset Management Inc. bought a new stake in AZZ during the 1st quarter worth about $215,000. Claro Advisors LLC bought a new stake in AZZ during the 1st quarter worth about $237,000. Finally, Strs Ohio acquired a new stake in AZZ in the 4th quarter valued at about $197,000. 90.93% of the stock is owned by institutional investors and hedge funds.

AZZ Company Profile

AZZ Inc provides hot-dip galvanizing and coil coating solutions in the United States, Canada, Brazil, China, the Netherlands, Poland, Singapore, and India. The company operates through AZZ Metal Coatings and AZZ Precoat Metals segments. The AZZ Metal Coatings segment offers metal finishing solutions for corrosion protection, including hot-dip galvanizing, spin galvanizing, powder coating, anodizing, and plating to steel fabrication and other industries.