Research Analysts Set Expectations for AZEK FY2025 Earnings

The AZEK Company Inc. (NYSE:AZEK) – Investment analysts at DA Davidson lowered their FY2025 EPS estimates for shares of AZEK in a research note issued on Wednesday, April 9th. DA Davidson analyst K. Yinger now expects that the company will earn $1.31 per share for the year, down from their previous forecast of $1.34. The consensus estimate for AZEK’s current full-year earnings is $1.34 per share. DA Davidson also issued estimates for AZEK’s FY2026 earnings at $1.49 EPS.

AZEK (NYSE:AZEK) last posted its earnings results on Tuesday, February 4th. The company reported $0.17 EPS for the quarter, beating analysts’ consensus estimates of $0.14 by $0.03. AZEK had a return on equity of 13.47% and a net margin of 9.85%.

A number of other equities analysts have also recently weighed in on AZEK. Raymond James set a $51.50 price objective on shares of AZEK in a research report on Tuesday, March 25th. William Blair reaffirmed a “market perform” rating on shares of AZEK in a research note on Monday, March 24th. Wolfe Research restated a “peer perform” rating on shares of AZEK in a report on Wednesday, March 26th. Barclays cut their price target on shares of AZEK from $64.00 to $53.00 and set an “overweight” rating on the stock in a research note on Tuesday, April 8th. Finally, BMO Capital Markets raised their price objective on shares of AZEK from $54.00 to $57.00 and gave the company a “market perform” rating in a research note on Monday, March 24th. Nine investment analysts have rated the stock with a hold rating and seven have assigned a buy rating to the company’s stock. Based on data from MarketBeat.com, the stock presently has an average rating of “Hold” and an average price target of $53.40.

AZEK Trading Up 2.4 %

Shares of AZEK stock opened at $47.35 on Friday. The company has a 50-day moving average of $46.40 and a two-hundred day moving average of $47.54. The firm has a market cap of $6.80 billion, a PE ratio of 47.83, a price-to-earnings-growth ratio of 1.91 and a beta of 1.86. AZEK has a 1-year low of $35.48 and a 1-year high of $54.91. The company has a debt-to-equity ratio of 0.31, a current ratio of 2.56 and a quick ratio of 1.19.

Insider Buying and Selling

In other AZEK news, CEO Jesse G. Singh sold 15,000 shares of the business’s stock in a transaction that occurred on Monday, March 10th. The stock was sold at an average price of $41.03, for a total value of $615,450.00. Following the completion of the sale, the chief executive officer now owns 868,765 shares in the company, valued at approximately $35,645,427.95. The trade was a 1.70 % decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. 3.20% of the stock is owned by company insiders.

Institutional Trading of AZEK

Several institutional investors and hedge funds have recently bought and sold shares of AZEK. FMR LLC increased its stake in AZEK by 80.7% in the 4th quarter. FMR LLC now owns 12,311,577 shares of the company’s stock valued at $584,431,000 after buying an additional 5,499,986 shares during the period. Norges Bank purchased a new position in AZEK during the fourth quarter worth about $94,987,000. Balyasny Asset Management L.P. lifted its position in AZEK by 493.6% in the fourth quarter. Balyasny Asset Management L.P. now owns 1,681,629 shares of the company’s stock valued at $79,827,000 after purchasing an additional 1,398,340 shares during the period. Arrowstreet Capital Limited Partnership boosted its holdings in AZEK by 72.7% in the 4th quarter. Arrowstreet Capital Limited Partnership now owns 1,957,094 shares of the company’s stock valued at $92,903,000 after purchasing an additional 823,588 shares in the last quarter. Finally, Tidal Investments LLC increased its position in AZEK by 4,255.1% during the 4th quarter. Tidal Investments LLC now owns 461,076 shares of the company’s stock worth $21,887,000 after purchasing an additional 450,489 shares during the period. Hedge funds and other institutional investors own 97.44% of the company’s stock.

AZEK Company Profile

The AZEK Company Inc engages in the design, manufacturing, and selling of building products for residential, commercial, and industrial markets in the United States and Canada. It operates through two segments: Residential and Commercial. The Residential segment designs and manufactures engineered outdoor living products, such as decking, railing, trim and molding, siding and cladding, pergolas and cabanas, and accessories under the TimberTech, AZEK Exteriors, VERSATEX, ULTRALOX, StruXure, and INTEX brands.