AZZ (NYSE:AZZ) Releases FY25 Earnings Guidance

AZZ (NYSE:AZZ) issued an update on its FY25 earnings guidance on Tuesday morning. The company provided EPS guidance of $5.00-5.30 for the period, compared to the consensus EPS 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.

Wall Street Analyst Weigh In

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

AZZ Stock Performance

Shares of NYSE AZZ traded down $0.23 during mid-day trading on Tuesday, reaching $84.87. 393,438 shares of the company’s stock were exchanged, compared to its average volume of 204,855. The firm has a 50-day moving average price of $86.87 and a two-hundred day moving average price of $81.79. The company has a debt-to-equity ratio of 0.91, a current ratio of 1.85 and a quick ratio of 1.32. The firm has a market capitalization of $2.54 billion, a price-to-earnings ratio of 66.31, a price-to-earnings-growth ratio of 1.33 and a beta of 1.30. AZZ has a 52 week low of $55.78 and a 52 week high of $97.98.

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

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.