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.
Investment analysts gave a few price targets for AZZ. The most optimistic price target was 56, which equates to a potential upside of 11.33 percent. The lowest price target was 56, which equates to a potential downside of 11.33 percent. It is crucial to not blindly accept any price targets or stock ratings, because many analysts have it in their best interest to give positive coverage of certain stocks.
Over the past month, analysts have revised their estimates for this quarter's earnings, with a net average change of -1.74 percent. The average change in earnings estimates over the last 90 days is -1.74 percent. 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.
Investors like to see analysts making revisions in the same direction, as that raises confidence in the revisions. 0 analysts have revised their quarterly estimates upwards in the past 30 days, while 2 analysts made negative revisions. Over the same time period, 0 analysts revised their FY earnings estimates upwards, while 2 analysts made negative revisions to their fiscal year's estimates.
AZZ has an estimated earnings growth rate of 27.84 percent as forecasted by analysts. People on Wall Street often look at a company's PEG ratio. A lower PEG ratio is favorable, because that is often interpreted as the company being fairly priced relative to its growth rate. Wall Street investors typically prefer a PEG ratio to be smaller than 1, although it is frequently more appropriate to compare PEG ratios to the company's peers. AZZ has a PEG ratio of 0.89.
AZZ has a 52-week high of 67.98 and a 52-week low of 47.63. Currently the stock is 5.61 percent higher than its low, and 26.01 percent below the high. AZZ has a price/earnings 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 is estimated to release their earnings results for the quarter on 0000-00-00, days from today.