AZZ (NYSE:AZZ) Rating Increased to Strong-Buy at Roth Capital

AZZ (NYSE:AZZ - Get Free Report) was upgraded by Roth Capital to a "strong-buy" rating in a research report issued on Tuesday,Zacks.com reports. Roth Capital also issued estimates for AZZ's Q4 2025 earnings at $0.90 EPS, FY2025 earnings at $5.12 EPS, Q1 2026 earnings at $1.49 EPS, Q2 2026 earnings at $1.57 EPS, Q3 2026 earnings at $1.55 EPS, Q4 2026 earnings at $1.13 EPS, FY2026 earnings at $5.74 EPS and FY2027 earnings at $6.12 EPS.

AZZ has been the subject of several other research reports. Jefferies Financial Group upped their price target on shares of AZZ from $105.00 to $110.00 and gave the stock a "buy" rating in a research report on Friday, December 6th. Roth Mkm initiated coverage on shares of AZZ in a research note on Tuesday. They set a "buy" rating and a $108.00 price objective for the company. Finally, B. Riley boosted their price objective on shares of AZZ from $99.00 to $111.00 and gave the stock a "buy" rating in a research note on Tuesday. Four investment analysts have rated the stock with a hold rating, five have assigned a buy rating and one has given a strong buy rating to the company's stock. According to data from MarketBeat, the stock has an average rating of "Moderate Buy" and an average price target of $100.67.

AZZ Trading Down 0.8 %

AZZ stock traded down $0.75 on Tuesday, hitting $97.82. 179,047 shares of the company were exchanged, compared to its average volume of 174,860. AZZ has a twelve month low of $69.59 and a twelve month high of $99.18. The company has a debt-to-equity ratio of 0.85, a current ratio of 1.77 and a quick ratio of 1.26. The business's fifty day moving average is $87.92 and its two-hundred day moving average is $83.60. The stock has a market capitalization of $2.92 billion, a price-to-earnings ratio of 66.09, a price-to-earnings-growth ratio of 1.33 and a beta of 1.30.

AZZ (NYSE:AZZ - Get Free Report) last issued its quarterly earnings results on Tuesday, January 7th. The industrial products company reported $1.39 EPS for the quarter, topping the consensus estimate of $1.29 by $0.10. AZZ had a net margin of 7.94% and a return on equity of 16.99%. The firm had revenue of $403.65 million during the quarter, compared to analyst estimates of $394.30 million. During the same quarter in the prior year, the business posted $1.19 earnings per share. AZZ's revenue for the quarter was up 5.8% compared to the same quarter last year. As a group, research analysts forecast that AZZ will post 5.13 earnings per share for the current year.

Institutional Inflows and Outflows

Hedge funds and other institutional investors have recently made changes to their positions in the company. Nordea Investment Management AB acquired a new position in shares of AZZ in the fourth quarter worth about $7,798,000. Oliver Luxxe Assets LLC acquired a new position in shares of AZZ in the fourth quarter worth about $1,421,000. Assenagon Asset Management S.A. boosted its holdings in shares of AZZ by 23.5% in the fourth quarter. Assenagon Asset Management S.A. now owns 22,715 shares of the industrial products company's stock worth $1,861,000 after buying an additional 4,315 shares during the period. Hennessy Advisors Inc. boosted its holdings in shares of AZZ by 6.8% in the fourth quarter. Hennessy Advisors Inc. now owns 131,500 shares of the industrial products company's stock worth $10,772,000 after buying an additional 8,400 shares during the period. Finally, Geode Capital Management LLC boosted its holdings in shares of AZZ by 1.5% in the third quarter. Geode Capital Management LLC now owns 675,603 shares of the industrial products company's stock worth $55,823,000 after buying an additional 10,072 shares during the period. 90.93% of the stock is currently owned by institutional investors and hedge funds.

About AZZ

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.