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 most optimistic price target was 56, implying a possible profit of 11.33 percent. The minimum price target given was 56, which equates to a potential downside of 11.33 percent. Note that investment analysts can be biased in their reporting on companies's ratings and price targets.
In the last 30 days, analysts have changed their quarterly earnings estimates downwards by an average of -1.74 percent. The average change in earnings estimates over the last 90 days is -1.74 percent. Over the past 30 days, FY earnings estimates have also changed downwards by -4.72 percent. Expanding the time horizon to 3 months, the average change in fiscal year estimates becomes -4.72 percent.
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, which can be compared to the 2 analysts that decreased their estimates. Also over the last month, 0 analysts increased their estimates for the FY earnings, 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. Another measure frequently examined by investors is the PEG ratio. Smaller PEG ratios are desirable, because that is often interpreted as the company being fairly priced relative to its growth rate. PEG ratios below 1 are often considered desirable, but many choose to perform ratio comparisons with other companies in the industry. The PEG ratio of AZZ is 0.89.
AZZ has traded between a high of 67.98 and a low of 47.63 over the past year. 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.