AZZ (NYSE:AZZ) Releases FY25 Earnings Guidance

AZZ (NYSE:AZZ) updated its FY25 earnings guidance on Tuesday. The company provided earnings per share (EPS) guidance of $5.00-5.30 for the period, compared to the consensus 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 %

AZZ opened at $84.87 on Wednesday. The stock has a 50-day moving average of $86.99 and a 200 day moving average of $81.83. 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 market cap of $2.54 billion, a P/E ratio of 66.31, a P/E/G ratio of 1.33 and a beta of 1.30.

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

Analysts Set New Price Targets

Separately, Jefferies Financial Group lifted their price target on AZZ from $105.00 to $110.00 and gave the company 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, AZZ currently 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.