Noble Financial Has Pessimistic View of AZZ FY2025 Earnings

AZZ Inc. (NYSE:AZZ) – Equities researchers at Noble Financial lowered their FY2025 earnings per share estimates for AZZ in a research report issued on Thursday, March 6th. Noble Financial analyst M. Reichman now forecasts that the industrial products company will earn $5.17 per share for the year, down from their prior estimate of $5.23. Noble Financial has a “Outperform” rating on the stock. The consensus estimate for AZZ’s current full-year earnings is $5.13 per share. Noble Financial also issued estimates for AZZ’s Q4 2025 earnings at $0.95 EPS.

Other analysts have also recently issued research reports about the company. B. Riley upped their price target on AZZ from $99.00 to $111.00 and gave the stock a “buy” rating in a research report on Tuesday, February 11th. Roth Capital raised AZZ to a “strong-buy” rating in a research note on Tuesday, February 11th. Roth Mkm assumed coverage on AZZ in a research note on Tuesday, February 11th. They issued a “buy” rating and a $108.00 price objective for the company. Finally, Jefferies Financial Group upped their price objective on AZZ from $105.00 to $110.00 and gave the stock a “buy” rating in a research note on Friday, December 6th. Four investment analysts have rated the stock with a hold rating, five have issued a buy rating and one has issued a strong buy rating to the stock. According to data from MarketBeat, the stock currently has a consensus rating of “Moderate Buy” and a consensus target price of $100.67.

AZZ Stock Performance

Shares of AZZ opened at $88.10 on Monday. The company has a quick ratio of 1.26, a current ratio of 1.77 and a debt-to-equity ratio of 0.85. The business has a 50-day simple moving average of $90.08 and a two-hundred day simple moving average of $85.67. The stock has a market cap of $2.63 billion, a price-to-earnings ratio of 59.52, a PEG ratio of 1.32 and a beta of 1.27. AZZ has a 52 week low of $69.59 and a 52 week high of $99.49.

AZZ (NYSE:AZZ) last issued its quarterly earnings results on Tuesday, January 7th. The industrial products company reported $1.39 EPS for the quarter, topping analysts’ consensus estimates of $1.29 by $0.10. The business had revenue of $403.65 million during the quarter, compared to analysts’ expectations of $394.30 million. AZZ had a return on equity of 16.99% and a net margin of 7.94%. The business’s quarterly revenue was up 5.8% on a year-over-year basis. During the same quarter in the prior year, the business posted $1.19 earnings per share.

Hedge Funds Weigh In On AZZ

A number of hedge funds and other institutional investors have recently added to or reduced their stakes in AZZ. Wellington Management Group LLP bought a new position in AZZ during the third quarter valued at approximately $61,139,000. FMR LLC boosted its stake in AZZ by 13.6% during the third quarter. FMR LLC now owns 3,223,391 shares of the industrial products company’s stock valued at $266,284,000 after buying an additional 385,240 shares during the last quarter. Bank of America Corp DE raised its position in AZZ by 554.6% during the fourth quarter. Bank of America Corp DE now owns 251,823 shares of the industrial products company’s stock valued at $20,629,000 after purchasing an additional 213,355 shares during the period. Driehaus Capital Management LLC purchased a new stake in AZZ during the fourth quarter valued at approximately $10,612,000. Finally, T. Rowe Price Investment Management Inc. raised its position in AZZ by 4.8% during the fourth quarter. T. Rowe Price Investment Management Inc. now owns 2,729,287 shares of the industrial products company’s stock valued at $223,584,000 after purchasing an additional 124,392 shares during the period. 90.93% of the stock is owned by institutional investors.

AZZ Announces Dividend

The company also recently declared a quarterly dividend, which was paid on Thursday, February 20th. Investors of record on Thursday, January 30th were paid a dividend of $0.17 per share. This represents a $0.68 dividend on an annualized basis and a yield of 0.77%. The ex-dividend date of this dividend was Thursday, January 30th. AZZ’s payout ratio is presently 45.95%.

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.