AZZ (NYSE:AZZ) Updates FY 2026 Earnings Guidance

AZZ (NYSE:AZZ - Get Free Report) issued an update on its FY 2026 earnings guidance on Monday morning. The company provided earnings per share (EPS) guidance of 5.500-6.100 for the period, compared to the consensus estimate of 5.840. The company issued revenue guidance of $1.6 billion-$1.7 billion, compared to the consensus revenue estimate of $1.7 billion.

AZZ Price Performance

NYSE:AZZ traded down $0.97 during trading hours on Friday, hitting $83.76. 36,395 shares of the company's stock traded hands, compared to its average volume of 259,655. The firm has a market cap of $2.51 billion, a P/E ratio of 56.59, a P/E/G ratio of 1.32 and a beta of 1.22. 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's fifty day simple moving average is $86.27 and its two-hundred day simple moving average is $86.29. AZZ has a 52 week low of $69.59 and a 52 week high of $99.49.

AZZ (NYSE:AZZ - Get Free Report) last announced its earnings results on Monday, April 21st. The industrial products company reported $0.98 earnings per share for the quarter, beating analysts' consensus estimates of $0.95 by $0.03. The business had revenue of $351.88 million for the quarter, compared to the consensus estimate of $367.78 million. AZZ had a net margin of 7.94% and a return on equity of 16.99%. On average, research analysts anticipate that AZZ will post 5.13 earnings per share for the current fiscal year.

AZZ Announces Dividend

The firm also recently declared a quarterly dividend, which will be paid on Thursday, May 15th. Shareholders of record on Thursday, April 24th will be paid a $0.17 dividend. This represents a $0.68 annualized dividend and a yield of 0.81%. The ex-dividend date of this dividend is Thursday, April 24th. AZZ's dividend payout ratio is presently 42.77%.

Analyst Ratings Changes

A number of analysts have recently weighed in on AZZ shares. Roth Capital raised AZZ to a "strong-buy" rating in a research note on Tuesday, February 11th. Noble Financial reissued an "outperform" rating on shares of AZZ in a report on Thursday, March 6th. Sidoti raised shares of AZZ from a "neutral" rating to a "buy" rating and set a $101.00 price objective for the company in a research note on Wednesday, April 9th. B. Riley increased their target price on shares of AZZ from $99.00 to $111.00 and gave the stock a "buy" rating in a report on Tuesday, February 11th. Finally, Roth Mkm assumed coverage on AZZ in a research report on Tuesday, February 11th. They set a "buy" rating and a $108.00 price target for the company. Four investment analysts have rated the stock with a hold rating, six have issued a buy rating and one has assigned a strong buy rating to the company's stock. According to data from MarketBeat.com, the stock has an average rating of "Moderate Buy" and an average target price of $100.71.

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.