AZZ (NYSE:AZZ) Updates FY 2026 Earnings Guidance

AZZ (NYSE:AZZ) updated its FY 2026 earnings guidance on Wednesday. The company provided EPS guidance of 5.500-6.100 for the period, compared to the consensus EPS estimate of 5.860. The company issued revenue guidance of $1.6 billion-$1.7 billion, compared to the consensus revenue estimate of $1.7 billion.

Analyst Upgrades and Downgrades

Separately, Jefferies Financial Group lifted their target price on shares of AZZ from $105.00 to $110.00 and gave the stock a “buy” rating in a research note on Friday, December 6th. Four investment analysts have rated the stock with a hold rating and four have issued a buy rating to the stock. According to data from MarketBeat, the company currently has a consensus rating of “Moderate Buy” and an average price target of $96.80.

AZZ Stock Up 1.6 %

AZZ opened at $87.47 on Wednesday. AZZ has a one year low of $63.52 and a one year high of $97.98. The company has a debt-to-equity ratio of 0.85, a quick ratio of 1.26 and a current ratio of 1.77. The business’s fifty day moving average is $87.45 and its two-hundred day moving average is $82.82. The company has a market cap of $2.61 billion, a price-to-earnings ratio of 59.10, a PEG ratio of 1.19 and a beta of 1.30.

AZZ (NYSE:AZZ) last released its quarterly earnings data on Tuesday, January 7th. The industrial products company reported $1.39 earnings per share for the quarter, beating the consensus estimate of $1.29 by $0.10. AZZ had a return on equity of 16.99% and a net margin of 7.94%. The business had revenue of $403.65 million for the quarter, compared to analyst estimates of $394.30 million. During the same period in the previous year, the company posted $1.19 EPS. The company’s revenue was up 5.8% compared to the same quarter last year. Analysts anticipate that AZZ will post 5.13 EPS for the current fiscal year.

AZZ Announces Dividend

The firm also recently announced a quarterly dividend, which will be paid on Thursday, February 20th. Shareholders of record on Thursday, January 30th will be paid a dividend of $0.17 per share. This represents a $0.68 annualized dividend and a yield of 0.78%. The ex-dividend date of this dividend is Thursday, January 30th. AZZ’s payout ratio is currently 45.95%.

About AZZ

AZZ Inc provides hot-dip galvanizing and coil coating solutions in North America. It offers metal finishing solutions for corrosion protection, including hot-dip galvanizing, spin galvanizing, powder coating, anodizing, and plating to steel fabrication and other industries, as well as to fabricators or manufacturers that provide services to the transmission and distribution, bridge and highway, petrochemical, and general industrial markets; and original equipment manufacturers.