Analyst Ratings for AZZ Inc. (AZZ)Updated: 2017-07-27
Analysts covering AZZ Inc. (NYSE:AZZ) have given it a consensus rating of Hold. Last month, AZZ received an average rating of Hold.
A buy rating was issued by 0 analysts, 0 issued an overweight rating, 3 issued a hold rating, 0 gave an underweight rating, and 0 issued a sell rating. Over the past 90 days, the number of analysts that are bullish on the stock has increased by 0. Meanwhile, the number of analysts pessimistic about the company has increased by 0.
Many analysts weighed in on price targets for AZZ. The maximum price target given was 56, implying a possible profit of 11.33 percent. The most pessimistic price target was 56, implying potential capital losses of 11.33 percent. Many analysts are not unbiased in their coverage of stocks, including price targets and stock ratings, so care must be taken in interpreting numbers released by them.
In the last 30 days, analysts have changed their quarterly earnings estimates downwards by an average of -1.74 percent. That number becomes -1.74 percent if we expand the time horizon to include the past 3 months instead of just one. On the other hand, earnings estimates for the fiscal year have been revised downwards by -4.72 percent, as compared to a month ago. If we look at the last 90 days instead, we find a net average change of -4.72 percent in FY estimates.
Another thing investors often look at is the level of agreement among analysts' revisions. 0 analysts have revised their quarterly estimates upwards in the past 30 days, while 2 analysts revised their estimates downwards. During this time, 0 analysts made positive revisions in their estimates for this fiscal year's earnings, while 2 analysts decreased their estimates.
AZZ has an estimated earnings growth rate of 27.84 percent as forecasted by analysts. The PEG ratio of a stock is another value frequently studied by investors. Smaller PEG ratios are desirable, because people typically see that as an indicator of higher growth relative to stock price. PEG ratios below 1 are often considered desirable, though it could be better to see where the ratio stands relative to peers in the industry. The PEG ratio of AZZ is 0.89.
In the trailing 52-weeks, AZZ hit 67.98 at the highest peak, while it's lowest trading point was 47.63. The current market price is above the trailing year's low by 5.61 percent, and below the high by 26.01 percent. AZZ has a P/E ratio of 24.75. Investors typically compare the P/E ratio to a company's peers in the industry. The AZZ value stock report compares AZZ to some of its peers using value stock charts. The stock has a market capitalization of $1.31 billion. AZZ will post this quarters earnings in days, on 0000-00-00.