AZZ (NYSE:AZZ) Releases Earnings Results, Beats Expectations By $0.03 EPS

AZZ (NYSE:AZZ) issued its quarterly earnings data on Monday. The industrial products company reported $0.98 EPS for the quarter, topping analysts’ consensus estimates of $0.95 by $0.03, Zacks reports. The company had revenue of $351.88 million for the quarter, compared to analysts’ expectations of $367.78 million. AZZ had a return on equity of 16.99% and a net margin of 7.94%. AZZ updated its FY 2026 guidance to 5.500-6.100 EPS.

AZZ Stock Performance

Shares of AZZ stock opened at $80.39 on Wednesday. The company has a market cap of $2.40 billion, a P/E ratio of 54.32, a PEG ratio of 1.32 and a beta of 1.22. AZZ has a 1-year low of $69.59 and a 1-year high of $99.49. The business has a 50-day moving average price of $86.86 and a two-hundred day moving average price of $86.31. The company has a current ratio of 1.77, a quick ratio of 1.26 and a debt-to-equity ratio of 0.85.

AZZ Announces Dividend

The business also recently announced a quarterly dividend, which will be paid on Thursday, May 15th. Investors of record on Thursday, April 24th will be given a dividend of $0.17 per share. This represents a $0.68 annualized dividend and a yield of 0.85%. The ex-dividend date of this dividend is Thursday, April 24th. AZZ’s dividend payout ratio is currently 45.95%.

Analysts Set New Price Targets

Several research firms have recently commented on AZZ. Roth Mkm initiated coverage on AZZ in a report on Tuesday, February 11th. They set a “buy” rating and a $108.00 target price for the company. Noble Financial reaffirmed an “outperform” rating on shares of AZZ in a research report on Thursday, March 6th. Sidoti raised shares of AZZ from a “neutral” rating to a “buy” rating and set a $101.00 price objective on the stock in a research report on Wednesday, April 9th. Roth Capital raised shares of AZZ to a “strong-buy” rating in a research report on Tuesday, February 11th. Finally, B. Riley upped their price target on AZZ from $99.00 to $111.00 and gave the company a “buy” rating in a report on Tuesday, February 11th. Four investment analysts have rated the stock with a hold rating, six have issued a buy rating and one has assigned a strong buy rating to the stock. According to data from MarketBeat, the company currently has a consensus rating of “Moderate Buy” and an average target price of $100.71.

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.