Steven Purvis - AZZ Incorporated Independent Director

AZZ Stock  USD 75.02  0.80  1.08%   

Director

Mr. Steven R. Purvis is Independent Director of the Company. Mr. Purvis is a Principal of Luther King Capital Management . He joined the firm in 1996 as Director of Research, became CoManager on the Small Cap Strategy in 1998 and Lead Manager in 2000. Mr. Purvis currently serves as a Portfolio Manager responsible for small cap and small midcap focused investment portfolios. He was a Principal of LKCM since 2004 and a Trustee to the LKCM Funds since 2013. Prior to joining LKCM, Mr. Purvis served as a Senior Analyst to Roulston Research from 1993 to 1996 and also served as a Research Analyst at Waddell Reed, Inc. from 1990 to 1993. Since 2001, he has served as Chairman and significant shareholder of KGP Group, Inc., a private international manufacturing company focused on the aerospace and packaging industries. Mr. Purvis is also currently serving as the Saints Foundation investment committee chair, which supports All Saints Episcopal School of Fort Worth, Texas. since 2015.
Age 56
Tenure 9 years
Professional MarksMBA
Address One Museum Place, Fort Worth, TX, United States, 76107
Phone817 810 0095
Webhttps://www.azz.com
Purvis earned his MBA; Finance from the University of Missouri – Kansas City and a BS in Business Administration; Finance from the University of Missouri.

AZZ Incorporated Management Efficiency

The company has Return on Asset of 0.0627 % which means that on every $100 spent on assets, it made $0.0627 of profit. This is way below average. In the same way, it shows a return on shareholders' equity (ROE) of 0.1137 %, implying that it generated $0.1137 on every 100 dollars invested. AZZ Incorporated's management efficiency ratios could be used to measure how well AZZ Incorporated manages its routine affairs as well as how well it operates its assets and liabilities. Return On Tangible Assets is likely to drop to 0.06 in 2024. Return On Capital Employed is likely to drop to 0.10 in 2024. At this time, AZZ Incorporated's Total Assets are fairly stable compared to the past year. Non Current Assets Total is likely to rise to about 1.9 B in 2024, whereas Other Assets are likely to drop slightly above 1.4 M in 2024.
The company has 977.23 M in debt with debt to equity (D/E) ratio of 1.49, which is OK given its current industry classification. AZZ Incorporated has a current ratio of 1.84, which is typical for the industry and considered as normal. Debt can assist AZZ Incorporated until it has trouble settling it off, either with new capital or with free cash flow. So, AZZ Incorporated's shareholders could walk away with nothing if the company can't fulfill its legal obligations to repay debt. However, a more frequent occurrence is when companies like AZZ Incorporated sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for AZZ to invest in growth at high rates of return. When we think about AZZ Incorporated's use of debt, we should always consider it together with cash and equity.

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AZZ Inc. offers galvanizing and metal coating solutions, welding solutions, specialty electrical equipment, and engineered services to the power generation, transmission, distribution, refining, and industrial markets in the United States and internationally. The company was incorporated in 1956 and is headquartered in Fort Worth, Texas. Azz operates under Metal Fabrication classification in the United States and is traded on New York Stock Exchange. It employs 3885 people. AZZ Incorporated (AZZ) is traded on New York Stock Exchange in USA. It is located in One Museum Place, Fort Worth, TX, United States, 76107 and employs 3,873 people. AZZ Incorporated is listed under Heavy Electrical Equipment category by Fama And French industry classification.

Management Performance

AZZ Incorporated Leadership Team

Elected by the shareholders, the AZZ Incorporated's board of directors comprises two types of representatives: AZZ Incorporated inside directors who are chosen from within the company, and outside directors, selected externally and held independent of AZZ. The board's role is to monitor AZZ Incorporated's management team and ensure that shareholders' interests are well served. AZZ Incorporated's inside directors are responsible for reviewing and approving budgets prepared by upper management to implement core corporate initiatives and projects. On the other hand, AZZ Incorporated's outside directors are responsible for providing unbiased perspectives on the board's policies.
Matt Emery, Chief Human Resource Officer, Chief Information Officer, Vice President
Peter Hegedus, Independent Director
Bryan Stovall, Chief Operating Officer - Metal Coatings
Daniel Feehan, Independent Chairman of the Board
Martin Bowen, Independent Director
Kenneth Lavelle, President General Manager - Electrical Platform
Venita McCellonAllen, Independent Director
Matthew Emery, Chief Officer
Ed McGough, Independent Director
Gary Hill, President and General Manager - AZZ Industrial Group
Robert Steines, Chief Accounting Officer and VP
Debbie Forester, Vice President - Human Resources
Paul Eisman, Independent Director
Philip Schlom, Interim Chief Financial Officer, Chief Accounting Officer, Vice President
Thomas Ferguson, President, Chief Executive Officer, Director
Ken Lavelle, President General Manager - Electrical Platform
Carol Jackson, Independent Director
Kirk Downey, Independent Director
Michael Doucet, Senior Vice President - Surface Technologies & Galvabar
Paul Fehlman, Senior Vice President - Finance, Chief Financial Officer
Tara Mackey, Chief Legal Officer, Corporate Secretary
Stephen Pirnat, Independent Director
Clive Grannum, Independent Director
Daniel Berce, Independent Director
Chris Bacius, Vice President - Corporate Development
David Nark, Senior Vice President - Strategic Marketing, Communications and Investor Relations
Kevern Joyce, Independent Chairman of the Board
Venita Allen, Independent Director
Tim Pendley, Senior Vice President - Galvanizing Services Segment
James Byelick, Chief Accounting Officer, Vice President
Kurt Russell, Chief Metals
Erica Mannion, IR Contact Officer
Tiffany Moseley, Chief Officer
Steven Purvis, Independent Director

AZZ Stock Performance Indicators

The ability to make a profit is the ultimate goal of any investor. But to identify the right stock is not an easy task. Is AZZ Incorporated a good investment? Although profit is still the single most important financial element of any organization, multiple performance indicators can help investors identify the equity that they will appreciate over time.

Pair Trading with AZZ Incorporated

One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if AZZ Incorporated position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in AZZ Incorporated will appreciate offsetting losses from the drop in the long position's value.

Moving against AZZ Stock

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The ability to find closely correlated positions to AZZ Incorporated could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace AZZ Incorporated when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back AZZ Incorporated - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling AZZ Incorporated to buy it.
The correlation of AZZ Incorporated is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as AZZ Incorporated moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if AZZ Incorporated moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for AZZ Incorporated can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.
Pair CorrelationCorrelation Matching
When determining whether AZZ Incorporated offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of AZZ Incorporated's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Azz Incorporated Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Azz Incorporated Stock:
Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in AZZ Incorporated. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in nation.
For more information on how to buy AZZ Stock please use our How to Invest in AZZ Incorporated guide.
Note that the AZZ Incorporated information on this page should be used as a complementary analysis to other AZZ Incorporated's statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try the Companies Directory module to evaluate performance of over 100,000 Stocks, Funds, and ETFs against different fundamentals.

Complementary Tools for AZZ Stock analysis

When running AZZ Incorporated's price analysis, check to measure AZZ Incorporated's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy AZZ Incorporated is operating at the current time. Most of AZZ Incorporated's value examination focuses on studying past and present price action to predict the probability of AZZ Incorporated's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move AZZ Incorporated's price. Additionally, you may evaluate how the addition of AZZ Incorporated to your portfolios can decrease your overall portfolio volatility.
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Is AZZ Incorporated's industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of AZZ Incorporated. If investors know AZZ will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about AZZ Incorporated listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth
0.02
Dividend Share
0.68
Earnings Share
3.46
Revenue Per Share
61.403
Quarterly Revenue Growth
0.089
The market value of AZZ Incorporated is measured differently than its book value, which is the value of AZZ that is recorded on the company's balance sheet. Investors also form their own opinion of AZZ Incorporated's value that differs from its market value or its book value, called intrinsic value, which is AZZ Incorporated's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because AZZ Incorporated's market value can be influenced by many factors that don't directly affect AZZ Incorporated's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between AZZ Incorporated's value and its price as these two are different measures arrived at by different means. Investors typically determine if AZZ Incorporated is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, AZZ Incorporated's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.