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.
Several price targets were given for AZZ by the analysts covering the stock. The most optimistic price target was 56, which equates to a potential upside of 11.33 percent. The most pessimistic analyst gave a price target of 56, implying a possible loss of 11.33 percent. Some investors take price targets and stock ratings with a grain of salt, knowing that some analysts can have indirect business with the stocks they cover.
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. Meanwhile, fiscal year estimates have been revised downwards by -4.72 percent, compared to last month. Expanding the time horizon to 3 months, the average change in fiscal year estimates becomes -4.72 percent.
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 revised their estimates downwards. During this time, 0 analysts made positive revisions in their estimates for this fiscal year's earnings, while 2 analysts made negative revisions to their fiscal year's estimates.
Analysts estimate earnings of AZZ to grow at a rate of 27.84 percent. It's possible to gain additional insight about growth valuation of a company by looking at the PEG ratio. Investors like to see smaller values for the PEG ratio, as that can indicate whether the high price level of a stock is warranted by high growth. People often look for the PEG ratio to be under 1, 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.
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's next earnings release will be on 0000-00-00, which is days away.