DA Davidson Has Optimistic Outlook of AZEK FY2026 Earnings

The AZEK Company Inc. (NYSE:AZEK) – Equities research analysts at DA Davidson lifted their FY2026 EPS estimates for shares of AZEK in a report issued on Wednesday, May 7th. DA Davidson analyst K. Yinger now expects that the company will post earnings per share of $1.51 for the year, up from their prior forecast of $1.49. The consensus estimate for AZEK’s current full-year earnings is $1.34 per share.

AZEK (NYSE:AZEK) last announced its earnings results on Tuesday, May 6th. The company reported $0.45 earnings per share for the quarter, beating the consensus estimate of $0.44 by $0.01. AZEK had a net margin of 9.85% and a return on equity of 13.47%. The firm had revenue of $452.23 million during the quarter, compared to the consensus estimate of $444.75 million. During the same quarter in the previous year, the company posted $0.39 EPS. The firm’s revenue for the quarter was up 8.1% on a year-over-year basis.

Other research analysts have also issued research reports about the company. William Blair reissued a “market perform” rating on shares of AZEK in a research note on Monday, March 24th. Raymond James set a $51.50 target price on AZEK in a research report on Tuesday, March 25th. Barclays lifted their price target on AZEK from $53.00 to $57.00 and gave the company an “overweight” rating in a report on Thursday. Robert W. Baird raised their target price on shares of AZEK from $48.00 to $52.00 and gave the stock a “neutral” rating in a research report on Wednesday. Finally, Citigroup reaffirmed a “neutral” rating and set a $51.50 price target (down previously from $61.00) on shares of AZEK in a research report on Tuesday, March 25th. Ten equities research analysts have rated the stock with a hold rating and seven have given a buy rating to the stock. According to data from MarketBeat, the company has a consensus rating of “Hold” and an average target price of $53.93.

AZEK Stock Performance

NYSE:AZEK opened at $50.33 on Friday. AZEK has a 1-year low of $35.48 and a 1-year high of $54.91. The firm has a 50 day simple moving average of $46.43 and a 200-day simple moving average of $48.09. The firm has a market cap of $7.23 billion, a PE ratio of 50.84, a P/E/G ratio of 1.91 and a beta of 1.86. The company has a debt-to-equity ratio of 0.31, a current ratio of 2.56 and a quick ratio of 1.19.

Institutional Investors Weigh In On AZEK

Several institutional investors and hedge funds have recently made changes to their positions in the company. Empowered Funds LLC bought a new stake in AZEK during the fourth quarter valued at $27,000. FIL Ltd bought a new stake in shares of AZEK during the 4th quarter valued at about $28,000. NBC Securities Inc. acquired a new stake in AZEK during the first quarter worth about $29,000. Parallel Advisors LLC lifted its holdings in AZEK by 261.4% in the first quarter. Parallel Advisors LLC now owns 683 shares of the company’s stock worth $33,000 after acquiring an additional 494 shares during the last quarter. Finally, Mitsubishi UFJ Asset Management Co. Ltd. boosted its stake in AZEK by 623.2% in the fourth quarter. Mitsubishi UFJ Asset Management Co. Ltd. now owns 687 shares of the company’s stock valued at $33,000 after acquiring an additional 592 shares during the period. 97.44% of the stock is owned by institutional investors and hedge funds.

Insider Buying and Selling at AZEK

In other AZEK news, CEO Jesse G. Singh sold 15,000 shares of the stock in a transaction that occurred on Monday, March 10th. The stock was sold at an average price of $41.03, for a total transaction of $615,450.00. Following the transaction, the chief executive officer now owns 868,765 shares of the company’s stock, valued at $35,645,427.95. This trade represents a 1.70 % decrease in their position. The transaction was disclosed in a filing with the SEC, which is available at the SEC website. 3.20% of the stock is owned by insiders.

About AZEK

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.