AZZ Inc. (AZZ)
NYSE: AZZ · IEX Real-Time Price · USD
80.79
+4.16 (5.43%)
May 20, 2024, 4:00 PM EDT - Market closed
AZZ Inc. Stock Forecast
Stock Price Forecast
The 3 analysts with 12-month price forecasts for AZZ Inc. stock have an average target of 88.33, with a low estimate of 75 and a high estimate of 105. The average target predicts an increase of 9.33% from the current stock price of 80.79.
Analyst Consensus: Strong Buy
Analyst Ratings
The average analyst rating for AZZ Inc. stock from 3 stock analysts is "Strong Buy". This means that analysts believe this stock is likely to perform very well in the near future and significantly outperform the market.
Recommendation Trends
| Rating | Dec '23 | Jan '24 | Feb '24 | Mar '24 | Apr '24 | May '24 |
|---|---|---|---|---|---|---|
| Strong Buy | 1 | 1 | 1 | 1 | 1 | 2 |
| Buy | 1 | 1 | 1 | 0 | 0 | 0 |
| Hold | 1 | 1 | 1 | 1 | 1 | 1 |
| Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Strong Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Total | 3 | 3 | 3 | 2 | 2 | 3 |
Latest Forecasts
| Analyst | Firm | Rating | Rating | Action | Price Target | Upside | Date |
|---|---|---|---|---|---|---|---|
| Jefferies | Jefferies | Strong Buy Initiates $105 | Strong Buy | Initiates | $105 | +29.97% | May 20, 2024 |
| B. Riley Securities | B. Riley Securities | Strong Buy Maintains $67 → $85 | Strong Buy | Maintains | $67 → $85 | +5.21% | Apr 23, 2024 |
| Noble Capital Markets | Noble Capital Markets | Buy → Hold Downgrades $75 | Buy → Hold | Downgrades | $75 | -7.17% | Mar 22, 2024 |
| B. Riley Securities | B. Riley Securities | Strong Buy Initiates $64 | Strong Buy | Initiates | $64 | -20.78% | Aug 30, 2023 |
| Noble Capital Markets | Noble Capital Markets | Buy Initiates $60 | Buy | Initiates | $60 | -25.73% | Aug 21, 2023 |
Financial Forecast
Revenue This Year
1.58B
from 1.54B
Increased by 2.95%
Revenue Next Year
1.72B
from 1.58B
Increased by 8.46%
EPS This Year
4.74
from 3.46
Increased by 36.90%
EPS Next Year
5.52
from 4.74
Increased by 16.63%
Revenue Forecast
| Revenue | 2024 | 2025 |
|---|---|---|
| High | 1.7B | 1.8B |
| Avg | 1.6B | 1.7B |
| Low | 1.5B | 1.7B |
Revenue Growth
| Revenue Growth | 2024 | 2025 |
|---|---|---|
| High | 7.5% | 13.8% |
| Avg | 3.0% | 8.5% |
| Low | -0.6% | 4.2% |
EPS Forecast
| EPS | 2024 | 2025 |
|---|---|---|
| High | 5.25 | 5.93 |
| Avg | 4.74 | 5.52 |
| Low | 4.40 | 5.18 |
EPS Growth
| EPS Growth | 2024 | 2025 |
|---|---|---|
| High | 51.7% | 25.2% |
| Avg | 36.9% | 16.6% |
| Low | 27.2% | 9.4% |
Sources: Price targets and analyst ratings provided by Benzinga. Revenue and EPS forecast data provided by Finnhub. The data is sourced from Wall Street analysts. Data disclaimer.