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.
A number of analysts gave price targets for AZZ. The most optimistic price target was 56, implying a possible profit of 11.33 percent. The most pessimistic price target was 56, which equates to a potential downside 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. 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. Over the past month, 0 analysts increased their quarterly estimates, while 2 analysts revised their estimates downwards. During this time, 0 analysts made positive revisions in their estimates for this fiscal year's earnings, compared to 2 analysts that revised their FY estimates downwards.
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. 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, but many choose to perform ratio comparisons with other companies in the industry. The PEG ratio of AZZ is 0.89.
In the last 52-weeks, AZZ has achieved a high of 67.98 and a low of 47.63. Today's price is 5.61 percent above the 52-week low, and below the high by 26.01 percent. 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 market cap of AZZ is $1.31 billion. AZZ will post this quarters earnings in days, on 0000-00-00.