Noble Financial Issues Pessimistic Estimate for AZZ Earnings

AZZ Inc. (NYSE:AZZ) – Stock analysts at Noble Financial lowered their Q1 2027 earnings per share (EPS) estimates for AZZ in a research note issued to investors on Tuesday, February 17th. Noble Financial analyst M. Reichman now anticipates that the industrial products company will post earnings per share of $1.80 for the quarter, down from their previous estimate of $1.81. Noble Financial currently has a “Outperform” rating on the stock. The consensus estimate for AZZ’s current full-year earnings is $5.13 per share. Noble Financial also issued estimates for AZZ’s Q4 2027 earnings at $1.44 EPS, FY2029 earnings at $7.38 EPS and FY2030 earnings at $7.69 EPS.

AZZ (NYSE:AZZ) last released its quarterly earnings results on Wednesday, January 7th. The industrial products company reported $1.52 EPS for the quarter, topping the consensus estimate of $1.43 by $0.09. AZZ had a return on equity of 14.45% and a net margin of 19.89%.The company had revenue of $425.75 million for the quarter, compared to analyst estimates of $412.97 million. During the same quarter in the previous year, the company posted $1.39 earnings per share. The firm’s revenue was up 5.5% compared to the same quarter last year. AZZ has set its FY 2026 guidance at 5.900-6.200 EPS.

Several other equities research analysts also recently commented on the company. Weiss Ratings reiterated a “buy (b)” rating on shares of AZZ in a report on Monday, December 29th. Robert W. Baird set a $125.00 price objective on AZZ in a report on Friday, January 9th. Finally, Wall Street Zen raised AZZ from a “hold” rating to a “buy” rating in a research note on Saturday, January 10th. Five research analysts have rated the stock with a Buy rating and three have issued a Hold rating to the company. According to MarketBeat, AZZ has a consensus rating of “Moderate Buy” and a consensus price target of $119.00.

AZZ Stock Performance

NYSE:AZZ opened at $133.25 on Thursday. AZZ has a twelve month low of $70.90 and a twelve month high of $141.18. The company has a market capitalization of $3.98 billion, a P/E ratio of 12.52 and a beta of 1.13. The firm has a 50-day moving average price of $120.18 and a two-hundred day moving average price of $111.76. The company has a current ratio of 1.66, a quick ratio of 1.21 and a debt-to-equity ratio of 0.41.

Institutional Inflows and Outflows

Several institutional investors have recently made changes to their positions in AZZ. Hantz Financial Services Inc. grew its stake in shares of AZZ by 92.5% in the fourth quarter. Hantz Financial Services Inc. now owns 258 shares of the industrial products company’s stock worth $28,000 after purchasing an additional 124 shares during the last quarter. Huntington National Bank increased its position in shares of AZZ by 206.7% during the 2nd quarter. Huntington National Bank now owns 273 shares of the industrial products company’s stock valued at $26,000 after purchasing an additional 184 shares during the last quarter. Osterweis Capital Management Inc. bought a new position in AZZ in the 2nd quarter valued at $30,000. Kestra Advisory Services LLC purchased a new stake in shares of AZZ in the 4th quarter worth $38,000. Finally, BNP PARIBAS ASSET MANAGEMENT Holding S.A. purchased a new position in AZZ in the second quarter worth $34,000. Institutional investors own 90.93% of the company’s stock.

Insider Activity at AZZ

In related news, insider Tara D. Mackey sold 2,923 shares of the business’s stock in a transaction dated Wednesday, February 11th. The stock was sold at an average price of $136.00, for a total value of $397,528.00. Following the completion of the sale, the insider directly owned 22,373 shares of the company’s stock, valued at $3,042,728. The trade was a 11.56% decrease in their position. The sale was disclosed in a filing with the SEC, which is available at the SEC website. Also, CEO Thomas E. Ferguson sold 25,000 shares of the business’s stock in a transaction dated Tuesday, February 3rd. The stock was sold at an average price of $127.29, for a total transaction of $3,182,250.00. Following the sale, the chief executive officer directly owned 158,182 shares of the company’s stock, valued at approximately $20,134,986.78. The trade was a 13.65% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Over the last quarter, insiders have sold 33,281 shares of company stock worth $4,239,080. 1.77% of the stock is owned by corporate insiders.

AZZ declared that its Board of Directors has initiated a share buyback plan on Friday, January 30th that authorizes the company to repurchase $100.00 million in shares. This repurchase authorization authorizes the industrial products company to purchase up to 2.7% of its shares through open market purchases. Shares repurchase plans are usually a sign that the company’s management believes its stock is undervalued.

AZZ Dividend Announcement

The company also recently declared a quarterly dividend, which will be paid on Thursday, February 26th. Stockholders of record on Thursday, February 5th will be paid a $0.20 dividend. This represents a $0.80 dividend on an annualized basis and a dividend yield of 0.6%. The ex-dividend date is Thursday, February 5th. AZZ’s dividend payout ratio is presently 7.52%.

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.