Brokers Issue Forecasts for AZZ’s Q1 Earnings (NYSE:AZZ)

AZZ Inc. (NYSE:AZZ) – Stock analysts at B. Riley lifted their Q1 2026 EPS estimates for AZZ in a research note issued to investors on Wednesday, April 23rd. B. Riley analyst N. Giles now forecasts that the industrial products company will earn $1.47 per share for the quarter, up from their previous forecast of $1.42. B. Riley has a “Buy” rating and a $111.00 price target on the stock. The consensus estimate for AZZ’s current full-year earnings is $5.13 per share. B. Riley also issued estimates for AZZ’s Q3 2026 earnings at $1.62 EPS and Q4 2026 earnings at $1.34 EPS.

AZZ has been the subject of several other research reports. Noble Financial restated an “outperform” rating on shares of AZZ in a research report on Thursday, March 6th. Roth Capital raised AZZ to a “strong-buy” rating in a research note on Tuesday, February 11th. Roth Mkm started coverage on AZZ in a research note on Tuesday, February 11th. They issued a “buy” rating and a $108.00 price objective on the stock. Finally, Sidoti upgraded AZZ from a “neutral” rating to a “buy” rating and set a $101.00 price objective for the company in a report on Wednesday, April 9th. Four investment analysts have rated the stock with a hold rating, six have assigned a buy rating and one has issued a strong buy rating to the company’s stock. Based on data from MarketBeat, the company currently has a consensus rating of “Moderate Buy” and a consensus target price of $100.71.

AZZ Stock Up 1.3 %

NYSE:AZZ opened at $88.03 on Monday. The firm has a market capitalization of $2.63 billion, a PE ratio of 59.48, a price-to-earnings-growth ratio of 1.32 and a beta of 1.22. AZZ has a 52 week low of $69.59 and a 52 week high of $99.49. The company has a current ratio of 1.77, a quick ratio of 1.26 and a debt-to-equity ratio of 0.85. The stock has a 50 day moving average of $85.55 and a 200-day moving average of $86.49.

AZZ (NYSE:AZZ) last issued its earnings results on Monday, April 21st. The industrial products company reported $0.98 earnings per share for the quarter, topping analysts’ consensus estimates of $0.95 by $0.03. AZZ had a net margin of 7.94% and a return on equity of 16.99%. The company had revenue of $351.88 million for the quarter, compared to analysts’ expectations of $367.78 million.

Institutional Inflows and Outflows

A number of hedge funds have recently made changes to their positions in the stock. Nordea Investment Management AB bought a new stake in AZZ during the fourth quarter valued at about $7,798,000. Oliver Luxxe Assets LLC bought a new position in shares of AZZ during the 4th quarter worth about $1,421,000. Assenagon Asset Management S.A. raised its position in shares of AZZ by 23.5% during the fourth quarter. Assenagon Asset Management S.A. now owns 22,715 shares of the industrial products company’s stock valued at $1,861,000 after buying an additional 4,315 shares during the last quarter. Hennessy Advisors Inc. grew its position in AZZ by 6.8% during the fourth quarter. Hennessy Advisors Inc. now owns 131,500 shares of the industrial products company’s stock worth $10,772,000 after buying an additional 8,400 shares in the last quarter. Finally, Smith Group Asset Management LLC bought a new position in AZZ during the fourth quarter valued at about $509,000. Institutional investors and hedge funds own 90.93% of the company’s stock.

AZZ Announces Dividend

The business also recently declared a quarterly dividend, which will be paid on Thursday, May 15th. Shareholders of record on Thursday, April 24th will be given a $0.17 dividend. The ex-dividend date is Thursday, April 24th. This represents a $0.68 dividend on an annualized basis and a dividend yield of 0.77%. AZZ’s dividend payout ratio is currently 42.77%.

About AZZ

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.