AZZ Inc. which can be found using ticker (AZZ) now have 2 market analysts covering the stock. The analyst consensus now points to a rating of ‘Buy’. The range between the high target price and low target price is between 60 and 56 calculating the mean target price we have $58.00. Given that the stocks previous close was at $39.87 this would imply there is now a potential upside of 45.5%. The day 50 moving average is $39.95 and the 200 moving average now moves to $40.58. The company has a market capitalization of $988m. Company Website: https://www.azz.com
The potential market cap would be $1,438m based on the market consensus.
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 operates through two segments, Infrastructure Solutions and Metal Coatings. The Metal Coatings segment offers metal finishing solutions for corrosion protection, including hot-dip galvanizing, spin galvanizing, powder coating, anodizing, and plating to the steel fabrication and other industries. It serves fabricators or manufacturers that provide services to the electrical and telecommunications, bridge and highway, petrochemical, and general industrial markets, as well as original equipment manufacturers. The Infrastructure Solutions segment provides products and services to support industrial and electrical applications. It offers custom switchgear, electrical enclosures, medium and high voltage bus ducts, explosion proof and hazardous duty lighting, and tubular products, as well as solutions and engineering resources to multi-national companies. This segment sells its products through internal sales force, manufacturers’ representatives, distributors, and agents. The company was incorporated in 1956 and is headquartered in Fort Worth, Texas.
The company has a dividend yield of 1.71% with the ex dividend date set at 25-4-2023 (DMY).
Other points of data to note are a P/E ratio of 10.05, revenue per share of 60.31 and a 7.79% return on assets.
