News stories about AZZ (NYSE:AZZ) have been trending somewhat positive on Wednesday, according to Accern Sentiment Analysis. The research group identifies positive and negative media coverage by analyzing more than 20 million blog and news sources in real-time. Accern ranks coverage of public companies on a scale of negative one to one, with scores closest to one being the most favorable. AZZ earned a daily sentiment score of 0.08 on Accern’s scale. Accern also gave news stories about the industrial products company an impact score of 46.3232481802446 out of 100, indicating that recent media coverage is somewhat unlikely to have an effect on the stock’s share price in the near term.
Here are some of the news stories that may have effected Accern Sentiment Analysis’s rankings:
- AZZ down 9% on Q4 earnings miss and weak margins (seekingalpha.com)
- AZZ (AZZ) Releases Quarterly Earnings Results, Misses Expectations By $0.24 EPS (americanbankingnews.com)
- AZZ, Inc. (AZZ) Reports Q4 EPS of $0.15, Miss on Revenues; Offers FY19 EPS Guidance Above Consensus (streetinsider.com)
- BRIEF-Azz Inc. Reports Q4 Earnings Per Share $0.90 (reuters.com)
- AZZ: Fiscal 4Q Earnings Snapshot (finance.yahoo.com)
A number of brokerages have weighed in on AZZ. ValuEngine lowered AZZ from a “hold” rating to a “sell” rating in a report on Wednesday, May 2nd. Zacks Investment Research raised AZZ from a “sell” rating to a “hold” rating in a research note on Friday, March 9th. Two equities research analysts have rated the stock with a sell rating and two have assigned a hold rating to the company’s stock. The stock currently has an average rating of “Hold” and a consensus target price of $52.00.
Shares of AZZ opened at $39.60 on Wednesday. AZZ has a 52-week low of $39.62 and a 52-week high of $42.60. The firm has a market capitalization of $1.17 billion, a price-to-earnings ratio of 15.84 and a beta of 1.26. The company has a debt-to-equity ratio of 0.52, a current ratio of 2.73 and a quick ratio of 1.43.
AZZ (NYSE:AZZ) last issued its earnings results on Tuesday, May 15th. The industrial products company reported $0.15 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $0.39 by ($0.24). AZZ had a return on equity of 9.61% and a net margin of 6.27%. sell-side analysts forecast that AZZ will post 1.61 EPS for the current fiscal year.
The business also recently announced a quarterly dividend, which was paid on Wednesday, May 9th. Shareholders of record on Wednesday, April 25th were paid a $0.17 dividend. This represents a $0.68 dividend on an annualized basis and a dividend yield of 1.72%. The ex-dividend date of this dividend was Tuesday, April 24th. AZZ’s dividend payout ratio (DPR) is presently 27.20%.
AZZ Company Profile
AZZ Inc provides galvanizing services, welding solutions, specialty electrical equipment, and highly engineered services to the power generation, transmission, distribution, refining, and industrial markets. The company operates through two segments, Energy and Galvanizing Services. The Energy segment provides specialized products and services designed to support industrial, nuclear, and electrical applications.
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