AZZ (NYSE:AZZ) Issues FY 2027 Earnings Guidance

AZZ (NYSE:AZZ) issued an update on its FY 2027 earnings guidance on Wednesday morning. The company provided EPS guidance of 6.750-7.150 for the period, compared to the consensus earnings per share estimate of 6.830. The company issued revenue guidance of $1.8 billion-$1.9 billion, compared to the consensus revenue estimate of $1.7 billion.

AZZ Stock Performance

NYSE AZZ opened at $143.90 on Thursday. The business has a 50 day moving average price of $145.55 and a 200 day moving average price of $133.11. The company has a market capitalization of $4.32 billion, a P/E ratio of 13.70 and a beta of 1.11. AZZ has a 1-year low of $92.98 and a 1-year high of $162.20. The company has a debt-to-equity ratio of 0.36, a current ratio of 1.70 and a quick ratio of 1.21.

AZZ (NYSE:AZZ) last released its quarterly earnings results on Wednesday, July 8th. The industrial products company reported $1.85 EPS for the quarter, beating the consensus estimate of $1.69 by $0.16. The business had revenue of $448.53 million for the quarter, compared to analyst estimates of $434.58 million. AZZ had a net margin of 19.23% and a return on equity of 14.47%. The company’s quarterly revenue was up 6.3% on a year-over-year basis. During the same period in the prior year, the business earned $1.78 earnings per share. AZZ has set its FY 2027 guidance at 6.750-7.150 EPS. Sell-side analysts expect that AZZ will post 6.78 EPS for the current fiscal year.

AZZ Increases Dividend

The business also recently declared a quarterly dividend, which will be paid on Thursday, July 30th. Stockholders of record on Thursday, July 9th will be given a dividend of $0.24 per share. The ex-dividend date of this dividend is Thursday, July 9th. This is an increase from AZZ’s previous quarterly dividend of $0.20. This represents a $0.96 dividend on an annualized basis and a dividend yield of 0.7%. AZZ’s dividend payout ratio is 7.62%.

Wall Street Analyst Weigh In

A number of research firms have commented on AZZ. B. Riley Financial lifted their price objective on shares of AZZ from $167.00 to $169.00 and gave the stock a “buy” rating in a report on Friday, April 24th. Wall Street Zen raised shares of AZZ from a “hold” rating to a “buy” rating in a report on Saturday, May 16th. Robert W. Baird increased their price objective on shares of AZZ from $125.00 to $155.00 and gave the stock a “neutral” rating in a research note on Friday, April 24th. Evercore reissued an “outperform” rating and issued a $152.00 target price on shares of AZZ in a report on Monday, April 27th. Finally, Weiss Ratings reaffirmed a “buy (b+)” rating on shares of AZZ in a report on Wednesday, May 20th. Four equities research analysts have rated the stock with a Buy rating and three have given a Hold rating to the stock. According to data from MarketBeat, AZZ currently has a consensus rating of “Moderate Buy” and an average target price of $152.00.

Key AZZ News

Here are the key news stories impacting AZZ this week:

• Positive Sentiment: AZZ beat Wall Street expectations with adjusted EPS of $1.85 versus estimates around $1.69-$1.71, and revenue of $448.5 million also topped forecasts, reinforcing the view that operating trends are better than expected. AZZ earnings results
• Positive Sentiment: The company raised FY 2027 guidance, with EPS now expected at $6.75-$7.15 and revenue projected at $1.8 billion-$1.9 billion, signaling management confidence in continued growth. AZZ FY2027 guidance update
• Positive Sentiment: The quarter featured record sales in both business segments, solid cash flow from operations, and a recently announced 20% dividend increase, all of which support the stock’s bullish reaction. AZZ quarterly results and dividend
• Neutral Sentiment: Brokerage coverage remains mixed-to-neutral, with some analysts holding steady price targets, suggesting the market is now focused more on execution and guidance than on a fresh rating change. Analyst note

Institutional Investors Weigh In On AZZ

Large investors have recently bought and sold shares of the business. Osterweis Capital Management Inc. acquired a new stake in shares of AZZ in the second quarter valued at about $30,000. Kestra Advisory Services LLC acquired a new stake in AZZ in the 4th quarter valued at approximately $38,000. Quarry LP increased its position in AZZ by 219.9% in the 3rd quarter. Quarry LP now owns 435 shares of the industrial products company’s stock worth $47,000 after buying an additional 299 shares during the period. CIBC Private Wealth Group LLC acquired a new position in shares of AZZ during the fourth quarter worth approximately $54,000. Finally, EverSource Wealth Advisors LLC boosted its position in shares of AZZ by 1,145.3% in the second quarter. EverSource Wealth Advisors LLC now owns 934 shares of the industrial products company’s stock valued at $88,000 after acquiring an additional 859 shares during the period. 90.93% of the stock is currently owned by institutional investors.

AZZ Company Profile

AZZ Inc, incorporated in 1956 and headquartered in Fort Worth, Texas, is a leading provider of galvanizing and metal finishing solutions alongside electrical equipment and services. The company supports a diverse range of industries—such as energy, infrastructure, heavy equipment and general industrial markets—by delivering corrosion protection and high-performance electrical solutions designed for demanding environments.

AZZ operates two primary business segments. The Global Coatings & Services segment offers hot-dip galvanizing, metal finishing, painting, powder coating and related value-added services to steel fabricators and original equipment manufacturers.