AZZ Inc (NYSE: AZZ) has reported earnings for its second fiscal quarter (ending August 31) of $1.19 versus $0.99 for the same period a year ago. For the latest four quarters through August 31, E.P.S. were $1.45 versus $2.74 for the same period a year ago.
Recent Price Action
On 10/9/24, AZZ Inc (NYSE: AZZ) stock increased 1.1%, closing at $81.57. Moreover, unusually high trading volume at 159% of normal accompanied the advance. Relative to the market the stock has been strong over the last nine months and has risen 0.5% during the last week.
Current PriceTarget Research Rating
With future capital returns forecasted to exceed the cost of capital, AZZ is expected to continue to be a Value Builder.
AZZ has a current Value Trend Rating of C (Neutral). The Value Trend Rating reflects contradictory signals from PTR’s two proprietary measures of a stock’s attractiveness. AZZ has a slightly negative Appreciation Score of 34 but a good Power Rating of 77, triggering the Neutral Value Trend Rating.
Rating Review
In light of this new information we are reviewing our current Overall Rating of C. This review will be completed in the next several days.
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