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HomeMarketResultsAZZ (AZZ) Scheduled to Post Quarterly Earnings on Monday

AZZ (AZZ) Scheduled to Post Quarterly Earnings on Monday


AZZ (NYSE:AZZGet Rating) is ready to situation its quarterly earnings knowledge on Monday, January ninth.

AZZ (NYSE:AZZGet Rating) final issued its quarterly earnings knowledge on Tuesday, October eleventh. The economic merchandise firm reported $1.24 earnings per share (EPS) for the quarter, lacking analysts’ consensus estimates of $1.82 by ($0.58). The enterprise had income of $406.71 million in the course of the quarter, in comparison with the consensus estimate of $500.60 million. AZZ had a return on fairness of 15.99% and a internet margin of 0.78%. On common, analysts anticipate AZZ to submit $5 EPS for the present fiscal yr and $5 EPS for the subsequent fiscal yr.

AZZ Inventory Efficiency

Shares of NYSE AZZ opened at $42.09 on Friday. The inventory has a fifty day transferring common value of $40.43 and a two-hundred day transferring common value of $40.55. The corporate has a debt-to-equity ratio of 1.44, a fast ratio of 1.47 and a present ratio of 1.88. The agency has a market cap of $1.05 billion, a P/E ratio of 54.66 and a beta of 1.24. AZZ has a 1 yr low of $30.21 and a 1 yr excessive of $55.89.

Insider Exercise

In associated information, insider Ken Lavelle acquired 2,000 shares of the enterprise’s inventory in a transaction dated Monday, October seventeenth. The inventory was purchased at a mean value of $34.68 per share, for a complete transaction of $69,360.00. Following the transaction, the insider now owns 24,361 shares of the corporate’s inventory, valued at $844,839.48. The acquisition was disclosed in a submitting with the SEC, which is accessible by this hyperlink. In associated information, insider Ken Lavelle acquired 2,000 shares of the enterprise’s inventory in a transaction dated Monday, October seventeenth. The inventory was purchased at a mean value of $34.68 per share, for a complete transaction of $69,360.00. Following the transaction, the insider now owns 24,361 shares of the corporate’s inventory, valued at $844,839.48. The acquisition was disclosed in a submitting with the SEC, which is accessible by this hyperlink. Additionally, COO Kurt L. Russell purchased 3,000 shares of AZZ inventory in a transaction dated Friday, October 14th. The inventory was acquired at a mean value of $34.89 per share, with a complete worth of $104,670.00. Following the acquisition, the chief working officer now immediately owns 3,000 shares of the corporate’s inventory, valued at $104,670. The disclosure for this buy could be discovered here. Insiders personal 1.72% of the corporate’s inventory.

Institutional Buying and selling of AZZ

Quite a lot of hedge funds have not too long ago modified their holdings of AZZ. Tower Analysis Capital LLC TRC lifted its holdings in shares of AZZ by 34.5% within the third quarter. Tower Analysis Capital LLC TRC now owns 2,380 shares of the commercial merchandise firm’s inventory valued at $87,000 after buying an extra 611 shares within the final quarter. Quantbot Applied sciences LP bought a brand new stake in shares of AZZ in the course of the second quarter price $93,000. Captrust Monetary Advisors raised its holdings in shares of AZZ by 31.5% in the course of the first quarter. Captrust Monetary Advisors now owns 2,431 shares of the commercial merchandise firm’s inventory price $117,000 after buying an extra 583 shares within the final quarter. UBS Group AG raised its holdings in shares of AZZ by 44.1% in the course of the third quarter. UBS Group AG now owns 3,538 shares of the commercial merchandise firm’s inventory price $129,000 after buying an extra 1,083 shares within the final quarter. Lastly, PEAK6 Investments LLC bought a brand new stake in shares of AZZ in the course of the first quarter price $212,000. Hedge funds and different institutional buyers personal 88.47% of the corporate’s inventory.

Analysts Set New Worth Targets

Quite a lot of brokerages have issued studies on AZZ. Sidoti raised AZZ from a “impartial” score to a “purchase” score and set a $49.00 value goal for the corporate in a analysis notice on Wednesday, October twelfth. StockNews.com raised AZZ from a “promote” score to a “maintain” score in a analysis notice on Thursday, October twentieth. Stifel Nicolaus decreased their value goal on AZZ from $62.00 to $54.00 and set a “purchase” score for the corporate in a analysis notice on Tuesday, September twentieth. Lastly, TheStreet downgraded AZZ from a “b-” score to a “c+” score in a analysis report on Friday, October 14th.

AZZ Firm Profile

(Get Rating)

AZZ Inc provides galvanizing and metallic coating options, welding options, specialty electrical tools, and engineered companies to the ability technology, transmission, distribution, refining, and industrial markets in the US and internationally. The corporate operates by two segments, Infrastructure Options and Metallic Coatings.

Featured Tales

Earnings History for AZZ (NYSE:AZZ)

This instantaneous information alert was generated by narrative science know-how and monetary knowledge from MarketBeat as a way to present readers with the quickest and most correct reporting. This story was reviewed by MarketBeat’s editorial staff previous to publication. Please ship any questions or feedback about this story to contact@marketbeat.com.

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