AZZ (NYSE:AZZ – Get Free Report) updated its FY 2026 earnings guidance on Monday. The company provided earnings per share guidance of 5.500-6.100 for the period, compared to the consensus earnings per share estimate of 5.840. The company issued revenue guidance of $1.6 billion-$1.7 billion, compared to the consensus revenue estimate of $1.7 billion.
Wall Street Analysts Forecast Growth
Several equities research analysts have commented on the company. B. Riley boosted their target price on AZZ from $99.00 to $111.00 and gave the stock a “buy” rating in a report on Tuesday, February 11th. Sidoti raised shares of AZZ from a “neutral” rating to a “buy” rating and set a $101.00 target price for the company in a report on Wednesday, April 9th. Roth Mkm assumed coverage on shares of AZZ in a report on Tuesday, February 11th. They set a “buy” rating and a $108.00 price target on the stock. Noble Financial reaffirmed an “outperform” rating on shares of AZZ in a research report on Thursday, March 6th. Finally, Roth Capital raised AZZ to a “strong-buy” rating in a research report on Tuesday, February 11th. Four investment analysts have rated the stock with a hold rating, six have assigned a buy rating and one has assigned a strong buy rating to the stock. According to MarketBeat, the stock presently has a consensus rating of “Moderate Buy” and an average target price of $100.71.
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AZZ Stock Performance
AZZ (NYSE:AZZ – Get Free Report) last issued its quarterly earnings results on Monday, April 21st. The industrial products company reported $0.98 EPS for the quarter, topping analysts’ consensus estimates of $0.95 by $0.03. AZZ had a return on equity of 16.99% and a net margin of 7.94%. As a group, sell-side analysts predict that AZZ will post 5.13 EPS for the current fiscal year.
AZZ Dividend Announcement
The company also recently announced a quarterly dividend, which will be paid on Thursday, May 15th. Investors of record on Thursday, April 24th will be issued a $0.17 dividend. This represents a $0.68 annualized dividend and a yield of 0.88%. The ex-dividend date of this dividend is Thursday, April 24th. AZZ’s dividend payout ratio is currently 45.95%.
AZZ Company Profile
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.
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