Azz Incorporated Stock Today

AZZ Stock  USD 77.23  0.67  0.88%   

Performance

19 of 100

 
Low
 
High
Solid

Odds Of Distress

Less than 5

 
100  
 
Zero
Very Low
AZZ Incorporated is trading at 77.23 as of the 28th of March 2024; that is 0.88 percent increase since the beginning of the trading day. The stock's open price was 76.56. AZZ Incorporated has under 5 % chance of experiencing financial distress over the next 2 years and had a solid performance during the last 90 days. Equity ratings for AZZ Incorporated are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 5th of October 2022 and ending today, the 28th of March 2024. Click here to learn more.
Business Domain
Capital Goods
IPO Date
7th of September 1984
Category
Industrials
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 has 25.08 M outstanding shares of which 393.62 K shares are presently shorted by investors with about 2.48 days to cover. More on AZZ Incorporated

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AZZ Stock Highlights

Most reasonable investors view market volatility as an opportunity to invest at a favorable price or to sell short against a bearish trend. AZZ Incorporated's investment highlights are automatically generated signals that are significant enough to either complement your investing judgment regarding AZZ Incorporated or challenge it. These highlights can help you better understand the position you are entering and avoid costly mistakes.
CEOThomas Ferguson
Thematic IdeaElectrical Equipment (View all Themes)
Old Names[Azarga Uranium Corp, Antares Energy Ltd.]
Business ConcentrationHeavy Electrical Equipment, Specialty Business Services, Industrials, NYSE Composite, SP Small-Cap 600, Electrical Equipment, Industrials, Electrical Equipment, Metal Fabrication, Industrials (View all Sectors)
Average Analyst Recommendation
Analysts covering AZZ Incorporated report their recommendations after researching AZZ Incorporated's financial statements, talking to executives and customers, or listening in on AZZ Incorporated's conference calls. The current trade recommendation is based on an ongoing consensus estimate among financial analysts covering AZZ Incorporated. The AZZ consensus assessment is calculated by taking the average forecast from all of the analysts covering AZZ Incorporated.
Financial Strength
Based on the measurements of operating efficiency obtained from AZZ Incorporated's historical financial statements, AZZ Incorporated may be sliding down financialy. It has an above-average probability of going through some form of financial hardship next quarter. Financial strength of AZZ Incorporated is based on its profitability, leverage, liquidity, source of funds, and operating efficiency.
Current ValueLast YearChange From Last Year 10 Year Trend
Asset Turnover1.130.9888
Fairly Up
Slightly volatile
Gross Profit Margin0.280.2234
Significantly Up
Pretty Stable
Net Debt39.1 M41.2 M
Notably Down
Pretty Stable
Total Current Liabilities294.6 M280.6 M
Sufficiently Up
Slightly volatile
Non Current Liabilities Total154.6 M158.9 M
Fairly Down
Pretty Stable
Total Assets1.1 B1.1 B
Sufficiently Up
Slightly volatile
Total Current Assets372.3 M354.6 M
Sufficiently Up
Slightly volatile
Total Cash From Operating Activities152 M144.8 M
Sufficiently Up
Slightly volatile
AZZ Incorporated's financial strength is of vital concern to both outside investors and internal stakeholders. Efficiency and cost control are keys to AZZ Incorporated's success, along with its ability to generate sufficient cash flow to pay bills, repay debt, and make a consistent year-to-year profit.
Financial leverage usually refers to the use of borrowed funds to amplify returns from an investment. In general, analyzing the relationship between debt to total assets helps investors to understand AZZ Incorporated's financial leverage. It provides some insight into what part of AZZ Incorporated's total assets is financed by creditors.
By using current balance sheet information, investors can analyze the liability, assets, and equity on AZZ Incorporated's books and decide whether to invest or hold. Statistics such as return on equity (ROE), debt to equity (D/E) help investors determine how AZZ Incorporated deploys its capital and how much of that capital is borrowed.
Liquidity
AZZ Incorporated cash flow analysis is essential to understand how it generates and spends money over a specific period. It can also help you figure out where your money is going and how much cash you have available at a given moment. The company has 1.06 B 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.

Total Cash From Operating Activities

152 Million
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 3,837 people. AZZ Incorporated is listed under Heavy Electrical Equipment category by Fama And French industry classification. The company currently falls under 'Mid-Cap' category with a total capitalization of 1.94 B. Market capitalization usually refers to the total value of a company's stock within the entire market. To calculate AZZ Incorporated's market, we take the total number of its shares issued and multiply it by AZZ Incorporated's current market price. To manage market risk and economic uncertainty, many investors today build portfolios that are diversified across equities with different market capitalizations. However, as a general rule, conservative investors tend to hold large-cap stocks, and those looking for more risk prefer small-cap and mid-cap equities. AZZ Incorporated runs under Electrical Equipment sector within Industrials industry. The entity has 25.08 M outstanding shares of which 393.62 K shares are presently shorted by investors with about 2.48 days to cover. AZZ Incorporated has about 2.82 M in cash with 91.43 M of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 0.46.
Check AZZ Incorporated Probability Of Bankruptcy
Ownership Allocation
AZZ Incorporated retains a total of 25.08 Million outstanding shares. The majority of AZZ Incorporated outstanding shares are owned by other corporate entities. These outside corporations are usually referred to as non-private investors looking to acquire positions in AZZ Incorporated to benefit from reduced commissions. Accordingly, institutional investors are subject to a different set of regulations than regular investors in AZZ Incorporated. Please pay attention to any change in the institutional holdings of AZZ Incorporated as this could imply that something significant has changed or is about to change at the company. Note that regardless of who owns the company, if the true value of the entity is less than the market is willing to pay for it, you may not be able to generate positive returns over time.
Check AZZ Ownership Details

AZZ Stock Price Odds Analysis

Based on a normal probability distribution, the odds of AZZ Incorporated jumping above the current price in 90 days from now is near 1%. The AZZ Incorporated probability density function shows the probability of AZZ Incorporated stock to fall within a particular range of prices over 90 days. Considering the 90-day investment horizon the stock has a beta coefficient of 1.4553. This suggests as the benchmark fluctuates upward, the company is expected to outperform it on average. However, if the benchmark returns are projected to be negative, AZZ Incorporated will likely underperform. Additionally, aZZ Incorporated has an alpha of 0.1552, implying that it can generate a 0.16 percent excess return over NYSE Composite after adjusting for the inherited market risk (beta).
  Odds Below 77.23HorizonTargetOdds Above 77.23
99.28%90 days
 77.23 
0.71%
Based on a normal probability distribution, the odds of AZZ Incorporated to move above the current price in 90 days from now is near 1 (This AZZ Incorporated probability density function shows the probability of AZZ Stock to fall within a particular range of prices over 90 days) .

AZZ Stock Institutional Holders

Institutional Holdings refers to the ownership stake in AZZ Incorporated that is held by large financial organizations, pension funds or endowments. Institutions may purchase large blocks of AZZ Incorporated's outstanding shares and can exert considerable influence upon its management. Institutional holders may also work to push the share price higher once they own the stock. Extensive social media coverage, TV shows, articles in high-profile magazines, and presentations at investor conferences help move the stock higher, increasing AZZ Incorporated's value.
InstituionRecorded OnShares
Geode Capital Management, Llc2023-12-31
531.1 K
Aristotle Capital Boston, Llc2023-12-31
435.1 K
Charles Schwab Investment Management Inc2023-12-31
386.1 K
Northern Trust Corp2023-12-31
300.9 K
Bank Of America Corp2023-12-31
276 K
Gabelli Funds Llc2023-12-31
261 K
Morgan Stanley - Brokerage Accounts2023-12-31
253.4 K
Kennedy Capital Management Inc2023-12-31
252.1 K
Bank Of New York Mellon Corp2023-12-31
250.7 K
Blackrock Inc2023-12-31
3.9 M
Vanguard Group Inc2023-12-31
2.7 M
View AZZ Incorporated Diagnostics

AZZ Incorporated Historical Income Statement

AZZ Incorporated Income Statement is one of the three primary financial statements used for reporting AZZ's overall financial performance over a current year or for a given accounting period. An Income Statement sometimes referred to as the statement of AZZ Incorporated revenue and expense. AZZ Incorporated Income Statement primarily focuses on the company's revenues and expenses during a particular period.
At this time, AZZ Incorporated's Depreciation And Amortization is fairly stable compared to the past year. Total Revenue is likely to rise to about 1.1 B in 2024, whereas Interest Expense is likely to drop slightly above 7.5 M in 2024. View More Fundamentals

AZZ Stock Against Markets

Picking the right benchmark for AZZ Incorporated stock is fundamental to making educated investment choices. Many naive investors compare their positions with the S&P 500 or with the Nasdaq. But these benchmarks are not all-inclusive and generally should be used only for large-capitalization equities or stock offerings from large companies. When the price of a selected benchmark declines in a down market, there may be an uptick in AZZ Incorporated stock price where buyers come in believing the asset is cheap. The opposite is true when the market is bullish; so, accurately picking the benchmark for AZZ Incorporated is critical whether you are bullish or bearish towards AZZ Incorporated at a given time. Please also check how AZZ Incorporated's historical prices are related to one of the top price index indicators.

Be your own money manager

Our tools can tell you how much better you can do entering a position in AZZ Incorporated without increasing your portfolio risk or giving up the expected return. As an individual investor, you need to find a reliable way to track all your investment portfolios. However, your requirements will often be based on how much of the process you decide to do yourself. In addition to allowing all investors analytical transparency into all their portfolios, our tools can evaluate risk-adjusted returns of your individual positions relative to your overall portfolio.

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AZZ Incorporated Corporate Directors

AZZ Incorporated corporate directors refer to members of an AZZ Incorporated board of directors. The board of directors generally takes responsibility for the AZZ Incorporated's affairs and long-term direction of the entity. A corporate director does not make decisions for the corporation on his own. As a member of the board of directors, she or he must function as a part of a group that makes decisions on behalf of the business only by the board of directors' meetings. To pass a resolution, a majority of AZZ Incorporated's board members must vote for the resolution. The AZZ Incorporated board of directors' duties also include the election, removal, and supervision of officers, including the adoption, amendment, and repeal of bylaws.
Peter HegedusIndependent DirectorProfile
Martin BowenIndependent DirectorProfile
Venita McCellonAllenIndependent DirectorProfile
Ed McGoughIndependent DirectorProfile

How to buy AZZ Stock?

Before investing in AZZ Incorporated, you must ensure you fully understand your financial goals and how diversified (or not) your overall investments are now. Then, after you clearly understand your investment objectives, consider investing in AZZ Incorporated. To buy AZZ Incorporated stock, you can follow these steps:
  • Choose a brokerage firm: You need to select a brokerage firm to buy shares of AZZ Incorporated. Some popular options include Charles Schwab, Fidelity, TD Ameritrade, and Robinhood.
  • Open an account: Once you have chosen a brokerage firm, you will need to open an account. You will be required to provide personal information, such as your name, address, and Social Security number.
  • Fund your account: You will need to deposit funds into your brokerage account to purchase AZZ Incorporated stock. You can do this by transferring funds from your bank account or other investment accounts.
  • Place your order: Once you have located AZZ Incorporated stock in your brokerage account, you can place your order to buy it. You will need to specify the number of shares you want to buy and the price you are willing to pay.
  • Monitor your investment: After you have purchased AZZ Incorporated stock, you should monitor your investment to track its performance and make informed decisions about buying, selling, or holding the stock
It's important to note that investing in stocks, such as AZZ Incorporated, carries risks, and you should carefully consider your investment goals and risk tolerance before making any investment decisions. Also, remember various factors, including economic indicators, change in net worth, political events, company-specific news, and investor sentiment, can influence the stock market. These factors can cause fluctuations in stock prices and lead to market volatility affecting your buy or sell decision. However, volatility can also present opportunities for investors to make gains by buying stocks when prices are low and selling when they are high. It's important for investors to have a long-term perspective and a well-diversified portfolio to manage the impact of stock market volatility on their investments. For more information on how to buy AZZ Stock please use our How to Invest in AZZ Incorporated guide.

Already Invested in AZZ Incorporated?

The danger of trading AZZ Incorporated is mainly related to its market volatility and Company specific events. As an investor, you must understand the concept of risk-adjusted return before you start trading. The most common way to measure the risk of AZZ Incorporated is by using the Sharpe ratio. The ratio expresses how much excess return you acquire for the extra volatility you endure for holding a more risker asset than AZZ Incorporated. The Sharpe ratio is calculated by using standard deviation and excess return to determine reward per unit of risk. To understand how volatile AZZ Incorporated is, you must compare it to a benchmark. Traditionally, the risk-free rate of return is the rate of return on the shortest-dated U.S. Treasury, such as a 3-year bond.
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 Price Transformation module to use Price Transformation models to analyze the depth of different equity instruments across global markets.

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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
3.02
Revenue Per Share
60.318
Quarterly Revenue Growth
0.022
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.