What is DA Davidson's Forecast for AZEK FY2025 Earnings?

The AZEK Company Inc. (NYSE:AZEK - Free Report) - Analysts at DA Davidson dropped their FY2025 earnings per share (EPS) estimates for AZEK in a research note issued to investors on Wednesday, April 9th. DA Davidson analyst K. Yinger now expects that the company will earn $1.31 per share for the year, down from their prior forecast of $1.34. The consensus estimate for AZEK's current full-year earnings is $1.34 per share. DA Davidson also issued estimates for AZEK's FY2026 earnings at $1.49 EPS.

AZEK (NYSE:AZEK - Get Free Report) last issued its earnings results on Tuesday, February 4th. The company reported $0.17 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.14 by $0.03. AZEK had a return on equity of 13.47% and a net margin of 9.85%.

Other equities analysts have also recently issued research reports about the company. William Blair restated a "market perform" rating on shares of AZEK in a report on Monday, March 24th. Stephens downgraded shares of AZEK from an "overweight" rating to a "mixed" rating in a research note on Monday, March 24th. Citigroup reissued a "neutral" rating and issued a $51.50 price objective (down from $61.00) on shares of AZEK in a research note on Tuesday, March 25th. Wolfe Research reaffirmed a "peer perform" rating on shares of AZEK in a report on Wednesday, March 26th. Finally, Robert W. Baird reaffirmed a "neutral" rating and issued a $53.00 price objective (down from $58.00) on shares of AZEK in a research note on Monday, March 24th. Nine investment analysts have rated the stock with a hold rating and seven have issued a buy rating to the company's stock. According to MarketBeat, the company currently has a consensus rating of "Hold" and an average target price of $53.40.

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AZEK Price Performance

NYSE AZEK traded down $0.59 on Friday, reaching $46.66. The company had a trading volume of 2,283,747 shares, compared to its average volume of 2,151,993. The stock has a market capitalization of $6.70 billion, a PE ratio of 47.14, a price-to-earnings-growth ratio of 1.91 and a beta of 1.86. AZEK has a 12 month low of $35.48 and a 12 month high of $54.91. The company has a quick ratio of 1.19, a current ratio of 2.56 and a debt-to-equity ratio of 0.31. The firm's 50 day moving average price is $46.32 and its 200 day moving average price is $47.56.

Hedge Funds Weigh In On AZEK

A number of large investors have recently added to or reduced their stakes in the company. Empowered Funds LLC bought a new position in shares of AZEK during the 4th quarter worth approximately $27,000. FIL Ltd acquired a new position in shares of AZEK during the fourth quarter worth $28,000. NBC Securities Inc. acquired a new stake in shares of AZEK in the 1st quarter worth $29,000. Mitsubishi UFJ Asset Management Co. Ltd. grew its stake in AZEK by 623.2% during the 4th quarter. Mitsubishi UFJ Asset Management Co. Ltd. now owns 687 shares of the company's stock worth $33,000 after buying an additional 592 shares during the last quarter. Finally, Parallel Advisors LLC raised its stake in AZEK by 261.4% in the first quarter. Parallel Advisors LLC now owns 683 shares of the company's stock valued at $33,000 after buying an additional 494 shares during the last quarter. 97.44% of the stock is currently owned by institutional investors.

Insider Transactions at AZEK

In other news, CEO Jesse G. Singh sold 15,000 shares of the business's stock in a transaction on Monday, March 10th. The stock was sold at an average price of $41.03, for a total value of $615,450.00. Following the completion of the transaction, the chief executive officer now directly owns 868,765 shares of the company's stock, valued at approximately $35,645,427.95. The trade was a 1.70 % decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is accessible through this link. Corporate insiders own 3.20% of the company's stock.

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.