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 56 and 48 suggesting an average Analsyt target price of $52.00. Given that the stocks previous close was at $39.17 and the analysts are correct then there would likely be a percentage uptick in value of 32.8%. It’s also worth noting that there is a 50 day moving average of $41.28 and the 200 moving average now moves to $40.97. The market capitalization for the company is $975m. You can visit the company’s website by visiting: https://www.azz.com
The potential market cap would be $1,295m 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 protectionluding 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 1.74% with the ex dividend date set at 27-1-2023 (DMY).
Other points of data to note are a P/E ratio of 9.86, revenue per share of 60.31 and a 7.79% return on assets.
