Research Analysts Offer Predictions for AZZ FY2030 Earnings

AZZ Inc. (NYSE:AZZ) – Research analysts at Noble Financial boosted their FY2030 earnings estimates for AZZ in a research report issued to clients and investors on Friday, July 10th. Noble Financial analyst M. Reichman now anticipates that the industrial products company will earn $8.20 per share for the year, up from their previous estimate of $7.87. The consensus estimate for AZZ’s current full-year earnings is $6.85 per share.

AZZ (NYSE:AZZ) last released its quarterly earnings data on Wednesday, July 8th. The industrial products company reported $1.85 earnings per share for the quarter, topping analysts’ consensus estimates of $1.80 by $0.05. The business had revenue of $448.53 million for the quarter, compared to analysts’ expectations of $434.58 million. AZZ had a net margin of 11.83% and a return on equity of 14.18%. The company’s revenue for the quarter was up 6.3% compared to the same quarter last year. During the same quarter last year, the company earned $1.78 EPS. AZZ has set its FY 2027 guidance at 6.750-7.150 EPS.

AZZ has been the topic of a number of other research reports. Robert W. Baird lifted their price target on AZZ from $125.00 to $155.00 and gave the company a “neutral” rating in a report on Friday, April 24th. Wells Fargo & Company increased their price objective on AZZ from $138.00 to $144.00 and gave the stock an “equal weight” rating in a report on Friday. Evercore restated an “outperform” rating and issued a $152.00 target price on shares of AZZ in a research report on Monday, April 27th. Weiss Ratings downgraded AZZ from a “buy (b+)” rating to a “buy (b)” rating in a research note on Thursday. Finally, B. Riley Financial boosted their price target on AZZ from $169.00 to $170.00 and gave the stock a “buy” rating in a research report on Monday. Four investment analysts have rated the stock with a Buy rating and three have assigned a Hold rating to the company’s stock. According to MarketBeat, AZZ presently has a consensus rating of “Moderate Buy” and a consensus target price of $155.25.

AZZ Price Performance

NYSE AZZ opened at $146.43 on Tuesday. AZZ has a 52 week low of $92.98 and a 52 week high of $162.20. The company has a current ratio of 1.92, a quick ratio of 1.39 and a debt-to-equity ratio of 0.35. The stock has a market cap of $4.40 billion, a price-to-earnings ratio of 22.32 and a beta of 1.11. The company has a 50-day moving average price of $145.76 and a two-hundred day moving average price of $133.87.

AZZ Increases Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Thursday, July 30th. Stockholders of record on Thursday, July 9th will be issued a $0.24 dividend. This represents a $0.96 annualized dividend and a dividend yield of 0.7%. This is a boost from AZZ’s previous quarterly dividend of $0.20. The ex-dividend date is Thursday, July 9th. AZZ’s payout ratio is 14.63%.

Institutional Inflows and Outflows

A number of hedge funds have recently made changes to their positions in the stock. Hantz Financial Services Inc. lifted its position in 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 period. Osterweis Capital Management Inc. acquired a new position in shares of AZZ during the 2nd quarter valued at $30,000. Kestra Advisory Services LLC bought a new stake in shares of AZZ in the 4th quarter worth $38,000. Clearstead Advisors LLC raised its stake in shares of AZZ by 184.3% in the 4th quarter. Clearstead Advisors LLC now owns 361 shares of the industrial products company’s stock worth $39,000 after buying an additional 234 shares in the last quarter. Finally, Fifth Third Bancorp lifted its holdings in shares of AZZ by 55.9% in the fourth quarter. Fifth Third Bancorp now owns 382 shares of the industrial products company’s stock valued at $41,000 after buying an additional 137 shares during the period. Institutional investors and hedge funds own 90.93% of the company’s stock.

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.