AZEK (AZEK) to Release Earnings on Tuesday

AZEK (NYSE:AZEK - Get Free Report) will post its quarterly earnings results after the market closes on Tuesday, November 19th. Analysts expect AZEK to post earnings of $0.23 per share for the quarter. Investors interested in registering for the company's conference call can do so using this link.

AZEK Stock Down 1.2 %

AZEK stock traded down $0.59 on Tuesday, reaching $47.32. 257,812 shares of the company traded hands, compared to its average volume of 1,694,918. The firm has a fifty day simple moving average of $44.36 and a 200-day simple moving average of $44.17. The company has a market cap of $6.85 billion, a P/E ratio of 42.40, a price-to-earnings-growth ratio of 1.21 and a beta of 1.88. AZEK has a one year low of $28.21 and a one year high of $50.78. The company has a debt-to-equity ratio of 0.41, a current ratio of 3.07 and a quick ratio of 2.11.

Wall Street Analyst Weigh In

Several equities research analysts recently commented on AZEK shares. Stifel Nicolaus reduced their price objective on AZEK from $52.00 to $50.00 and set a "buy" rating for the company in a report on Thursday, August 8th. Royal Bank of Canada dropped their target price on shares of AZEK from $49.00 to $46.00 and set an "outperform" rating on the stock in a report on Thursday, August 8th. Loop Capital lowered shares of AZEK from a "buy" rating to a "hold" rating and set a $47.00 target price for the company. in a research note on Friday, October 4th. UBS Group dropped their price target on AZEK from $47.00 to $43.00 and set a "neutral" rating on the stock in a research note on Thursday, August 8th. Finally, Truist Financial reduced their price objective on AZEK from $57.00 to $52.00 and set a "buy" rating for the company in a research report on Thursday, August 8th. Six investment analysts have rated the stock with a hold rating and eleven have issued a buy rating to the stock. Based on data from MarketBeat.com, the stock currently has a consensus rating of "Moderate Buy" and a consensus target price of $48.12.

Insider Buying and Selling at AZEK

In related news, CEO Jesse G. Singh sold 20,000 shares of the stock in a transaction dated Thursday, August 15th. The shares were sold at an average price of $41.47, for a total value of $829,400.00. Following the completion of the transaction, the chief executive officer now owns 186,705 shares of the company's stock, valued at approximately $7,742,656.35. This trade represents a 0.00 % decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this hyperlink. In other AZEK news, CEO Jesse G. Singh sold 20,000 shares of the business's stock in a transaction on Thursday, August 15th. The shares were sold at an average price of $41.47, for a total transaction of $829,400.00. Following the transaction, the chief executive officer now owns 186,705 shares in the company, valued at $7,742,656.35. The trade was a 0.00 % decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is available at this link. Also, Director Pamela J. Edwards bought 600 shares of the stock in a transaction dated Thursday, August 15th. The stock was purchased at an average price of $41.70 per share, with a total value of $25,020.00. Following the acquisition, the director now directly owns 8,708 shares in the company, valued at approximately $363,123.60. The trade was a 0.00 % increase in their position. The disclosure for this purchase can be found here. 3.10% of the stock is currently 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.