AZZ (NYSE:AZZ) Issues FY25 Earnings Guidance

AZZ (NYSE:AZZ) issued an update on its FY25 earnings guidance on Tuesday morning. The company provided earnings per share guidance of $5.00-5.30 for the period, compared to the consensus earnings per share estimate of $5.07. The company issued revenue guidance of $1.55-1.60 billion, compared to the consensus revenue estimate of $1.60 billion. AZZ also updated its FY 2025 guidance to 5.000-5.300 EPS.

AZZ Trading Down 0.3 %

Shares of NYSE:AZZ traded down $0.23 during midday trading on Tuesday, hitting $84.87. The company had a trading volume of 396,422 shares, compared to its average volume of 230,743. The company has a current ratio of 1.85, a quick ratio of 1.32 and a debt-to-equity ratio of 0.91. AZZ has a 12 month low of $55.78 and a 12 month high of $97.98. The firm has a fifty day simple moving average of $86.87 and a 200 day simple moving average of $81.79. The stock has a market cap of $2.54 billion, a price-to-earnings ratio of 66.31, a PEG ratio of 1.33 and a beta of 1.30.

AZZ (NYSE:AZZ) last announced its quarterly earnings results on Tuesday, January 7th. The industrial products company reported $1.39 earnings per share (EPS) for the quarter, beating the consensus estimate of $1.29 by $0.10. The company had revenue of $403.65 million during the quarter, compared to analyst estimates of $394.30 million. AZZ had a net margin of 7.63% and a return on equity of 16.88%. The firm’s revenue was up 5.8% on a year-over-year basis. During the same quarter in the previous year, the business earned $1.19 EPS. On average, analysts predict that AZZ will post 5.08 EPS for the current year.

Analyst Upgrades and Downgrades

Separately, Jefferies Financial Group raised their target price on shares of AZZ from $105.00 to $110.00 and gave the stock a “buy” rating in a report on Friday, December 6th. Four research analysts have rated the stock with a hold rating and four have given a buy rating to the company’s stock. According to data from MarketBeat, the company presently has an average rating of “Moderate Buy” and an average price target of $96.80.

About AZZ

AZZ Inc provides hot-dip galvanizing and coil coating solutions in North America. It offers metal finishing solutions for corrosion protection, including hot-dip galvanizing, spin galvanizing, powder coating, anodizing, and plating to steel fabrication and other industries, as well as to fabricators or manufacturers that provide services to the transmission and distribution, bridge and highway, petrochemical, and general industrial markets; and original equipment manufacturers.