AZZ (AZZ) Stock Forecast, Price Target & Predictions
AZZ Stock Forecast
AZZ stock forecast is as follows: an average price target of $87.17 (represents a 10.95% upside from AZZ’s last price of $78.57) and a rating consensus of 'Buy', based on 4 wall street analysts offering a 1-year stock forecast.
AZZ Price Target
The average price target for AZZ (AZZ) is $87.17 based on 1-year price targets from 4 Wall Street analysts in the past 3 months, with a price target range of $105.00 to $54.00. This represents a potential 10.95% upside from AZZ's last price of $78.57.
AZZ Analyst Ratings
According to 4 Wall Street analysts, AZZ's rating consensus is 'Buy'. The analyst rating breakdown for AZZ stock is 0 'Strong Buy' (0.00%), 4 'Buy' (100.00%), 0 'Hold' (0.00%), 0 'Sell' (0.00%), and 0 'Strong Sell' (0.00%).
AZZ Price Target by Analyst
| Date | Analyst | Company | Price Target | Price when Published | Price Target/Price when Published | Price Target/Last Closing Price |
|---|---|---|---|---|---|---|
| Jul 22, 2024 | Matthew Krueger | Robert W. Baird | $90.00 | $83.87 | 7.31% | 14.55% |
| Jul 08, 2024 | Michael Heim | Loop Capital Markets | $95.00 | $76.98 | 23.41% | 20.91% |
| Jul 02, 2024 | Lucas Pipes | B.Riley Financial | $89.00 | $76.30 | 16.64% | 13.27% |
| Jun 14, 2024 | Stephen Richardson | Evercore ISI | $90.00 | $78.36 | 14.85% | 14.55% |
| May 20, 2024 | Laurence Alexander | Jefferies | $105.00 | $76.63 | 37.02% | 33.64% |
| Apr 23, 2024 | Lucas Pipes | B.Riley Financial | $85.00 | $76.50 | 11.11% | 8.18% |
| Sep 20, 2022 | - | Stifel Nicolaus | $54.00 | $39.69 | 36.05% | -31.27% |
The latest AZZ stock forecast, released on Jul 22, 2024 by Matthew Krueger from Robert W. Baird, set a price target of $90.00, which represents a 7.31% increase from the stock price at the time of the forecast ($83.87), and a 14.55% increase from AZZ last price ($78.57).
AZZ Price Target by Period
| 1M | 3M | 12M | |
|---|---|---|---|
| # Anlaysts | - | 3 | 6 |
| Avg Price Target | - | $91.33 | $92.33 |
| Last Closing Price | $78.57 | $78.57 | $78.57 |
| Upside/Downside | -100.00% | 16.24% | 17.51% |
In the current month, the average price target of AZZ stock is -, according to 0 Wall Street analyst offering twelve months forecast. The average price target represents a -100.00% decrease as opposed to AZZ's last price of $78.57. This month's average price target is down -100.00% compared to last quarter, and down -100.00% compared to last year.
Analyst Ratings Upgrades/Downgrades
| Date | Company | Previous Rating | New Rating | Rating Change |
|---|---|---|---|---|
| Jul 31, 2024 | Wolfe Research | - | Peer Perform | Initialise |
| Jul 17, 2024 | B. Riley | Buy | Buy | Hold |
| Jun 14, 2024 | Evercore ISI | - | Outperform | Initialise |
| Jun 11, 2024 | Noble Capital Markets | Market Perform | Outperform | Upgrade |
| May 20, 2024 | Jefferies | - | Buy | Initialise |
| Apr 23, 2024 | B. Riley | Buy | Buy | Hold |
| Apr 09, 2024 | Noble Capital Markets | Market Perform | Market Perform | Hold |
AZZ's last stock rating was published by Wolfe Research on Jul 31, 2024. The company Initialise its AZZ rating from "null" to "Peer Perform".
AZZ Financial Forecast
AZZ Revenue Forecast
| Mar 26 | Dec 25 | Aug 25 | May 25 | Mar 25 | Dec 24 | Aug 24 | May 24 | Mar 24 | Dec 23 | Aug 23 | May 23 | Mar 23 | Dec 22 | Aug 22 | May 22 | Mar 22 | Nov 21 | Aug 21 | May 21 | Mar 21 | Nov 20 | Aug 20 | May 20 | Mar 20 | Nov 19 | Aug 19 | May 19 | Mar 19 | Nov 18 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | - | - | - | - | - | - | - | - | - | - | $398.54M | $286.65M | - | - | $406.71M | $314.40M | - | $231.74M | $216.45M | $229.83M | - | $226.62M | $203.37M | $213.29M | - | $291.14M | $236.19M | $289.12M | - | $239.52M |
| Avg Forecast | $412.64M | $428.94M | $437.37M | $432.51M | $387.89M | $396.45M | $410.22M | $403.25M | $351.67M | $374.74M | $396.91M | $396.65M | $310.98M | $359.80M | $241.94M | $268.09M | $225.23M | $245.30M | $217.66M | $223.69M | $207.97M | $244.71M | $219.02M | $257.09M | $228.36M | $271.69M | $234.85M | $277.20M | $223.29M | $247.64M |
| High Forecast | $412.64M | $428.94M | $437.37M | $432.51M | $387.89M | $396.45M | $414.39M | $403.25M | $351.67M | $376.74M | $396.91M | $396.65M | $310.98M | $359.80M | $290.33M | $321.71M | $227.84M | $248.14M | $220.18M | $226.28M | $210.38M | $247.55M | $221.56M | $260.06M | $231.00M | $274.84M | $237.57M | $280.41M | $225.88M | $297.16M |
| Low Forecast | $412.64M | $428.94M | $437.37M | $432.51M | $387.89M | $396.45M | $405.02M | $403.25M | $351.67M | $373.66M | $396.91M | $396.65M | $310.98M | $359.80M | $193.56M | $214.47M | $220.74M | $240.40M | $213.32M | $219.23M | $203.82M | $239.83M | $214.65M | $251.96M | $223.80M | $266.27M | $230.17M | $271.66M | $218.84M | $198.11M |
| # Analysts | 2 | 1 | 1 | 1 | 1 | 2 | 4 | 2 | 2 | 4 | 2 | 2 | 10 | 9 | 20 | 19 | 1 | 2 | 2 | 10 | 10 | 10 | 10 | 10 | 10 | 9 | 9 | 9 | 9 | 20 |
| Surprise % | - | - | - | - | - | - | - | - | - | - | 1.00% | 0.72% | - | - | 1.68% | 1.17% | - | 0.94% | 0.99% | 1.03% | - | 0.93% | 0.93% | 0.83% | - | 1.07% | 1.01% | 1.04% | - | 0.97% |
AZZ's average Quarter revenue forecast for Dec 23 based on 4 analysts is $374.74M, with a low forecast of $373.66M, and a high forecast of $376.74M. AZZ's average Quarter revenue forecast represents a -5.97% decrease compared to the company's last Quarter revenue of $398.54M (Aug 23).
AZZ EBITDA Forecast
| Mar 26 | Dec 25 | Aug 25 | May 25 | Mar 25 | Dec 24 | Aug 24 | May 24 | Mar 24 | Dec 23 | Aug 23 | May 23 | Mar 23 | Dec 22 | Aug 22 | May 22 | Mar 22 | Nov 21 | Aug 21 | May 21 | Mar 21 | Nov 20 | Aug 20 | May 20 | Mar 20 | Nov 19 | Aug 19 | May 19 | Mar 19 | Nov 18 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| # Analysts | 2 | 1 | 1 | 1 | 1 | 2 | 4 | 2 | 2 | 4 | 2 | 2 | 10 | 9 | 20 | 19 | 1 | 2 | 2 | 10 | 10 | 10 | 10 | 10 | 10 | 9 | 9 | 9 | 9 | 20 |
| EBITDA | - | - | - | - | - | - | - | - | - | - | $62.07M | $45.47M | - | - | $82.84M | $54.23M | - | $39.82M | $36.61M | $42.77M | - | $39.62M | $12.04M | $24.53M | - | $46.80M | $33.78M | $42.88M | - | $34.83M |
| Avg Forecast | $53.67M | $55.79M | $56.89M | $56.26M | $50.45M | $51.57M | $53.36M | $52.45M | $41.19M | $48.74M | $51.63M | $51.59M | $37.45M | $46.80M | $33.45M | $34.75M | $29.60M | $38.36M | $30.41M | $27.31M | $26.51M | $31.22M | $10.36M | $36.68M | $5.50M | $45.06M | $24.83M | $34.68M | $23.60M | $35.97M |
| High Forecast | $53.67M | $55.79M | $56.89M | $56.26M | $50.45M | $51.57M | $53.90M | $52.45M | $49.43M | $49.00M | $51.63M | $51.59M | $44.94M | $46.80M | $40.15M | $41.70M | $35.52M | $46.03M | $36.50M | $32.78M | $31.81M | $37.46M | $12.43M | $44.01M | $6.60M | $54.07M | $25.11M | $41.61M | $23.88M | $43.17M |
| Low Forecast | $53.67M | $55.79M | $56.89M | $56.26M | $50.45M | $51.57M | $52.68M | $52.45M | $32.95M | $48.60M | $51.63M | $51.59M | $29.96M | $46.80M | $26.76M | $27.80M | $23.68M | $30.69M | $24.33M | $21.85M | $21.21M | $24.97M | $8.29M | $29.34M | $4.40M | $36.05M | $24.33M | $27.74M | $23.13M | $28.78M |
| Surprise % | - | - | - | - | - | - | - | - | - | - | 1.20% | 0.88% | - | - | 2.48% | 1.56% | - | 1.04% | 1.20% | 1.57% | - | 1.27% | 1.16% | 0.67% | - | 1.04% | 1.36% | 1.24% | - | 0.97% |
4 analysts predict AZZ's average Quarter EBITDA for Dec 23 to be $48.74M, with a high of $49.00M and a low of $48.60M. This is -21.47% lower than AZZ's previous annual EBITDA (Aug 23) of $62.07M.
AZZ Net Income Forecast
| Mar 26 | Dec 25 | Aug 25 | May 25 | Mar 25 | Dec 24 | Aug 24 | May 24 | Mar 24 | Dec 23 | Aug 23 | May 23 | Mar 23 | Dec 22 | Aug 22 | May 22 | Mar 22 | Nov 21 | Aug 21 | May 21 | Mar 21 | Nov 20 | Aug 20 | May 20 | Mar 20 | Nov 19 | Aug 19 | May 19 | Mar 19 | Nov 18 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| # Analysts | 2 | 1 | 1 | 1 | 1 | 2 | 4 | 2 | 2 | 4 | 2 | 2 | 10 | 9 | 20 | 19 | 1 | 2 | 2 | 10 | 10 | 10 | 10 | 10 | 10 | 9 | 9 | 9 | 9 | 20 |
| Net Income | - | - | - | - | - | - | - | - | - | - | $28.33M | $-8.25M | - | - | $25.12M | $24.08M | - | $21.09M | $18.98M | $22.34M | - | $19.70M | $-1.79M | $5.54M | - | $22.04M | $15.56M | $21.28M | - | $15.39M |
| Avg Forecast | $30.36M | $35.51M | $39.46M | $40.13M | $25.26M | $32.07M | $35.40M | $34.66M | $23.31M | $26.80M | $29.00M | $31.12M | $21.19M | $21.04M | $17.34M | $15.43M | $16.75M | $20.31M | $15.77M | $14.27M | $14.74M | $15.52M | $-1.54M | $8.28M | $-11.48M | $21.22M | $16.42M | $17.21M | $13.35M | $15.90M |
| High Forecast | $30.36M | $35.51M | $39.46M | $40.13M | $25.26M | $32.07M | $37.93M | $34.66M | $27.97M | $27.62M | $29.00M | $31.12M | $25.43M | $21.04M | $20.81M | $18.51M | $20.10M | $24.38M | $18.92M | $17.12M | $17.69M | $18.63M | $-1.23M | $9.94M | $-9.18M | $25.46M | $16.67M | $20.66M | $13.55M | $19.08M |
| Low Forecast | $30.36M | $35.51M | $39.46M | $40.13M | $25.26M | $32.07M | $28.38M | $34.66M | $18.65M | $25.72M | $29.00M | $31.12M | $16.95M | $21.04M | $13.87M | $12.34M | $13.40M | $16.25M | $12.61M | $11.41M | $11.79M | $12.42M | $-1.85M | $6.63M | $-13.77M | $16.98M | $16.00M | $13.77M | $13.00M | $12.72M |
| Surprise % | - | - | - | - | - | - | - | - | - | - | 0.98% | -0.27% | - | - | 1.45% | 1.56% | - | 1.04% | 1.20% | 1.57% | - | 1.27% | 1.16% | 0.67% | - | 1.04% | 0.95% | 1.24% | - | 0.97% |
AZZ's average Quarter net income forecast for Dec 23 is $26.80M, with a range of $25.72M to $27.62M. AZZ's average Quarter net income forecast represents a -5.39% decrease compared to the company's last Quarter net income of $28.33M (Aug 23).
AZZ SG&A Forecast
| Mar 26 | Dec 25 | Aug 25 | May 25 | Mar 25 | Dec 24 | Aug 24 | May 24 | Mar 24 | Dec 23 | Aug 23 | May 23 | Mar 23 | Dec 22 | Aug 22 | May 22 | Mar 22 | Nov 21 | Aug 21 | May 21 | Mar 21 | Nov 20 | Aug 20 | May 20 | Mar 20 | Nov 19 | Aug 19 | May 19 | Mar 19 | Nov 18 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| # Analysts | 2 | 1 | 1 | 1 | 1 | 2 | 4 | 2 | 2 | 4 | 2 | 2 | 10 | 9 | 20 | 19 | 1 | 2 | 2 | 10 | 10 | 10 | 10 | 10 | 10 | 9 | 9 | 9 | 9 | 20 |
| SG&A | - | - | - | - | - | - | - | - | - | - | $36.24M | $5.47M | - | - | $37.41M | $44.55M | - | $26.87M | $28.59M | $27.21M | - | $25.23M | $26.75M | $27.89M | - | $33.90M | $30.48M | $35.13M | - | $26.99M |
| Avg Forecast | $47.00M | $48.85M | $49.81M | $49.26M | $44.18M | $45.15M | $46.72M | $45.93M | $33.42M | $42.68M | $45.20M | $45.18M | $30.38M | $40.98M | $26.12M | $28.54M | $24.02M | $25.89M | $23.75M | $17.38M | $-67.79M | $19.88M | $23.02M | $41.70M | $42.85M | $32.65M | $28.58M | $28.42M | $27.17M | $27.87M |
| High Forecast | $47.00M | $48.85M | $49.81M | $49.26M | $44.18M | $45.15M | $47.19M | $45.93M | $40.11M | $42.91M | $45.20M | $45.18M | $36.46M | $40.98M | $31.35M | $34.25M | $28.82M | $31.07M | $28.50M | $20.86M | $-54.23M | $23.85M | $27.62M | $50.04M | $51.43M | $39.18M | $28.91M | $34.10M | $27.49M | $33.44M |
| Low Forecast | $47.00M | $48.85M | $49.81M | $49.26M | $44.18M | $45.15M | $46.13M | $45.93M | $26.74M | $42.56M | $45.20M | $45.18M | $24.31M | $40.98M | $20.90M | $22.84M | $19.21M | $20.71M | $19.00M | $13.91M | $-81.35M | $15.90M | $18.41M | $33.36M | $34.28M | $26.12M | $28.01M | $22.73M | $26.63M | $22.30M |
| Surprise % | - | - | - | - | - | - | - | - | - | - | 0.80% | 0.12% | - | - | 1.43% | 1.56% | - | 1.04% | 1.20% | 1.57% | - | 1.27% | 1.16% | 0.67% | - | 1.04% | 1.07% | 1.24% | - | 0.97% |
AZZ's average Quarter SG&A projection for Dec 23 is $42.68M, based on 4 Wall Street analysts, with a range of $42.56M to $42.91M. The forecast indicates a 17.77% rise compared to AZZ last annual SG&A of $36.24M (Aug 23).
AZZ EPS Forecast
| Mar 26 | Dec 25 | Aug 25 | May 25 | Mar 25 | Dec 24 | Aug 24 | May 24 | Mar 24 | Dec 23 | Aug 23 | May 23 | Mar 23 | Dec 22 | Aug 22 | May 22 | Mar 22 | Nov 21 | Aug 21 | May 21 | Mar 21 | Nov 20 | Aug 20 | May 20 | Mar 20 | Nov 19 | Aug 19 | May 19 | Mar 19 | Nov 18 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| # Analysts | 2 | 1 | 1 | 1 | 1 | 2 | 4 | 2 | 2 | 4 | 2 | 2 | 10 | 9 | 20 | 19 | 1 | 2 | 2 | 10 | 10 | 10 | 10 | 10 | 10 | 9 | 9 | 9 | 9 | 20 |
| EPS | - | - | - | - | - | - | - | - | - | - | $0.99 | - | - | - | $1.01 | $0.97 | - | $0.85 | $0.76 | $0.89 | - | $0.76 | $-0.07 | $0.21 | - | $0.84 | $0.59 | $0.81 | - | $0.59 |
| Avg Forecast | $1.14 | $1.33 | $1.48 | $1.50 | $0.94 | $1.20 | $1.32 | $1.30 | $0.70 | $1.00 | $1.08 | $1.16 | $0.29 | $0.79 | $1.27 | $1.15 | $0.71 | $0.82 | $0.65 | $0.62 | $0.59 | $0.68 | $0.45 | $0.61 | $0.50 | $0.80 | $0.56 | $0.67 | $0.46 | $0.63 |
| High Forecast | $1.14 | $1.33 | $1.48 | $1.50 | $0.94 | $1.20 | $1.42 | $1.30 | $0.70 | $1.03 | $1.08 | $1.16 | $0.29 | $0.79 | $1.27 | $1.15 | $0.72 | $0.84 | $0.66 | $0.63 | $0.60 | $0.69 | $0.45 | $0.62 | $0.51 | $0.81 | $0.57 | $0.68 | $0.46 | $0.76 |
| Low Forecast | $1.14 | $1.33 | $1.48 | $1.50 | $0.94 | $1.20 | $1.06 | $1.30 | $0.70 | $0.96 | $1.08 | $1.16 | $0.29 | $0.79 | $1.27 | $1.15 | $0.69 | $0.80 | $0.63 | $0.60 | $0.58 | $0.67 | $0.43 | $0.60 | $0.49 | $0.77 | $0.55 | $0.65 | $0.44 | $0.50 |
| Surprise % | - | - | - | - | - | - | - | - | - | - | 0.91% | - | - | - | 0.79% | 0.84% | - | 1.03% | 1.18% | 1.44% | - | 1.11% | -0.16% | 0.34% | - | 1.06% | 1.05% | 1.21% | - | 0.94% |
According to 4 Wall Street analysts, AZZ's projected average Quarter EPS for Dec 23 is $1.00, with a low estimate of $0.96 and a high estimate of $1.03. This represents a 1.21% increase compared to AZZ previous annual EPS of $0.99 (Aug 23).
AZZ Peer Comparison by Price Target
AZZ Forecast FAQ
Is AZZ a good buy?
Yes, according to 4 Wall Street analysts, AZZ (AZZ) is considered a 'Buy'. The rating consensus is based on 0 'Strong Buy' and 4 'Buy' recommendations, accounting for 100.00% of AZZ's total ratings.
What is AZZ's price target?
AZZ (AZZ) average price target is $87.17 with a range of $54 to $105, implying a 10.95% from its last price of $78.57. The data is based on 4 Wall Street analysts who provided a twelve-month price target estimate in the last three months.
Will AZZ stock go up soon?
According to Wall Street analysts' prediction for AZZ stock, the company can go up by 10.95% (from the last price of $78.57 to the average price target of $87.17), up by 33.64% based on the highest stock price target, and down by -31.27% based on the lowest stock price target.
Can AZZ stock reach $120?
AZZ's average twelve months analyst stock price target of $87.17 does not support the claim that AZZ can reach $120 in the near future.
Did the AZZ's actual financial results beat the analysts' financial forecasts?
In terms of the last quarterly report (Aug 2023), AZZ's revenue was $398.54M, beating the average analysts' forecast of $396.91M by 0.41%. The company's EBITDA was $62.07M, beating the average prediction of $51.63M by 20.23%. AZZ's net income was $28.33M, missing the average estimation of $29M by -2.30%. The company's SG&A was $36.24M, missing the average forecast of $45.2M by -19.83%. Lastly, the company's EPS was $0.99, missing the average prediction of $1.08 by -8.67%