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 1.18% upside from AZZ’s last price of $86.15) and a rating consensus of 'Buy', based on 5 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 5 Wall Street analysts in the past 3 months, with a price target range of $105.00 to $54.00. This represents a potential 1.18% upside from AZZ's last price of $86.15.
AZZ Analyst Ratings
According to 5 Wall Street analysts, AZZ's rating consensus is 'Buy'. The analyst rating breakdown for AZZ stock is 0 'Strong Buy' (0.00%), 5 '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% | 4.47% |
| Jul 08, 2024 | Michael Heim | Loop Capital Markets | $95.00 | $76.98 | 23.41% | 10.27% |
| Jul 02, 2024 | Lucas Pipes | B.Riley Financial | $89.00 | $76.30 | 16.64% | 3.31% |
| Jun 14, 2024 | Stephen Richardson | Evercore ISI | $90.00 | $78.36 | 14.85% | 4.47% |
| May 20, 2024 | Laurence Alexander | Jefferies | $105.00 | $76.63 | 37.02% | 21.88% |
| Apr 23, 2024 | Lucas Pipes | B.Riley Financial | $85.00 | $76.50 | 11.11% | -1.33% |
| Sep 20, 2022 | Stifel Nicolaus | $54.00 | $39.69 | 36.05% | -37.32% |
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 4.47% increase from AZZ last price ($86.15).
AZZ Price Target by Period
| 1M | 3M | 12M | |
|---|---|---|---|
| # Anlaysts | - | - | 6 |
| Avg Price Target | - | - | $92.33 |
| Last Closing Price | $86.15 | $86.15 | $86.15 |
| Upside/Downside | -100.00% | -100.00% | 7.17% |
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 $86.15. This month's average price target is down NaN% compared to last quarter, and down -100.00% compared to last year.
Analyst Ratings Upgrades/Downgrades
| Date | Company | Previous Rating | New Rating | Rating Change |
|---|---|---|---|---|
| Oct 07, 2024 | B. Riley Securities | Buy | Buy | Hold |
| 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 B. Riley Securities on Oct 07, 2024. The company gave AZZ a "Buy" rating, the same as its previous rate.
AZZ Financial Forecast
AZZ Revenue Forecast
| Nov 26 | Aug 26 | May 26 | Mar 26 | Nov 25 | Aug 25 | May 25 | Mar 25 | Nov 24 | Aug 24 | May 24 | Mar 24 | Nov 23 | Aug 23 | May 23 | Mar 23 | Dec 22 | Aug 22 | May 22 | Mar 22 | Dec 21 | Aug 21 | May 21 | Mar 21 | Dec 20 | Aug 20 | May 20 | Mar 20 | Dec 19 | Aug 19 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | - | - | - | - | - | - | - | - | - | - | - | - | - | $398.54M | $286.65M | - | - | $406.71M | $314.40M | - | - | $216.45M | $229.83M | - | - | $203.37M | $213.29M | - | - | $236.19M |
| Avg Forecast | $509.53M | $494.91M | $480.71M | $393.81M | $427.39M | $426.85M | $426.77M | $379.55M | $394.44M | $409.57M | $403.25M | $351.67M | $374.74M | $396.91M | $396.65M | $310.98M | $251.11M | $470.94M | $268.09M | $225.23M | $245.30M | $217.66M | $223.69M | $207.97M | $244.71M | $219.02M | $257.09M | $228.36M | $271.69M | $234.85M |
| High Forecast | $522.73M | $507.73M | $493.16M | $404.01M | $438.46M | $437.91M | $437.82M | $396.44M | $403.33M | $409.89M | $403.25M | $351.67M | $376.74M | $407.19M | $406.93M | $319.03M | $301.33M | $491.94M | $280.04M | $235.27M | $256.24M | $227.37M | $233.67M | $217.25M | $255.62M | $228.79M | $268.55M | $238.54M | $283.81M | $245.32M |
| Low Forecast | $500.06M | $485.71M | $471.77M | $386.49M | $419.45M | $418.92M | $418.84M | $368.51M | $387.32M | $409.24M | $403.25M | $351.67M | $373.66M | $389.53M | $389.28M | $305.20M | $200.89M | $461.05M | $262.46M | $220.50M | $240.15M | $213.09M | $218.99M | $203.61M | $239.57M | $214.42M | $251.69M | $223.56M | $265.99M | $229.92M |
| # Analysts | 2 | 2 | 2 | 1 | 1 | 1 | 1 | 3 | 4 | 2 | 2 | 2 | 4 | 2 | 2 | 2 | 14 | 1 | 1 | 1 | 2 | 2 | 2 | 2 | 5 | 6 | 3 | 3 | 2 | 2 |
| Surprise % | - | - | - | - | - | - | - | - | - | - | - | - | - | 1.00% | 0.72% | - | - | 0.86% | 1.17% | - | - | 0.99% | 1.03% | - | - | 0.93% | 0.83% | - | - | 1.01% |
AZZ's average Quarter revenue forecast for Nov 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
| Nov 26 | Aug 26 | May 26 | Mar 26 | Nov 25 | Aug 25 | May 25 | Mar 25 | Nov 24 | Aug 24 | May 24 | Mar 24 | Nov 23 | Aug 23 | May 23 | Mar 23 | Dec 22 | Aug 22 | May 22 | Mar 22 | Dec 21 | Aug 21 | May 21 | Mar 21 | Dec 20 | Aug 20 | May 20 | Mar 20 | Dec 19 | Aug 19 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| # Analysts | 2 | 2 | 2 | 1 | 1 | 1 | 1 | 3 | 4 | 2 | 2 | 2 | 4 | 2 | 2 | 2 | 14 | 1 | 1 | 1 | 2 | 2 | 2 | 2 | 5 | 6 | 3 | 3 | 2 | 2 |
| EBITDA | - | - | - | - | - | - | - | - | - | - | - | - | - | $62.07M | $45.47M | - | - | $82.84M | $54.23M | - | - | $36.61M | $42.77M | - | - | $12.04M | $24.53M | - | - | $33.78M |
| Avg Forecast | $78.10M | $75.85M | $73.68M | $60.36M | $65.51M | $65.42M | $65.41M | $58.17M | $60.46M | $62.77M | $61.81M | $41.19M | $57.44M | $60.83M | $60.80M | $37.45M | $42.20M | $61.26M | $34.87M | $29.60M | $31.91M | $28.31M | $29.10M | $26.51M | $31.83M | $28.49M | $33.44M | $5.50M | $35.34M | $30.55M |
| High Forecast | $80.12M | $77.82M | $75.59M | $61.92M | $67.20M | $67.12M | $67.11M | $60.76M | $61.82M | $62.82M | $61.81M | $49.43M | $57.74M | $62.41M | $62.37M | $44.94M | $50.64M | $63.99M | $36.43M | $35.52M | $33.33M | $29.57M | $30.39M | $31.81M | $33.25M | $29.76M | $34.93M | $6.60M | $36.92M | $31.91M |
| Low Forecast | $76.64M | $74.44M | $72.31M | $59.24M | $64.29M | $64.21M | $64.19M | $56.48M | $59.36M | $62.72M | $61.81M | $32.95M | $57.27M | $59.70M | $59.67M | $29.96M | $33.76M | $59.97M | $34.14M | $23.68M | $31.24M | $27.72M | $28.48M | $21.21M | $31.16M | $27.89M | $32.74M | $4.40M | $34.60M | $29.91M |
| Surprise % | - | - | - | - | - | - | - | - | - | - | - | - | - | 1.02% | 0.75% | - | - | 1.35% | 1.56% | - | - | 1.29% | 1.47% | - | - | 0.42% | 0.73% | - | - | 1.11% |
4 analysts predict AZZ's average Quarter EBITDA for Nov 23 to be $57.44M, with a high of $57.74M and a low of $57.27M. This is -7.46% lower than AZZ's previous annual EBITDA (Aug 23) of $62.07M.
AZZ Net Income Forecast
| Nov 26 | Aug 26 | May 26 | Mar 26 | Nov 25 | Aug 25 | May 25 | Mar 25 | Nov 24 | Aug 24 | May 24 | Mar 24 | Nov 23 | Aug 23 | May 23 | Mar 23 | Dec 22 | Aug 22 | May 22 | Mar 22 | Dec 21 | Aug 21 | May 21 | Mar 21 | Dec 20 | Aug 20 | May 20 | Mar 20 | Dec 19 | Aug 19 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| # Analysts | 2 | 2 | 2 | 1 | 1 | 1 | 1 | 3 | 4 | 2 | 2 | 2 | 4 | 2 | 2 | 2 | 14 | 1 | 1 | 1 | 2 | 2 | 2 | 2 | 5 | 6 | 3 | 3 | 2 | 2 |
| Net Income | - | - | - | - | - | - | - | - | - | - | - | - | - | $28.33M | $-8.25M | - | - | $25.12M | $24.08M | - | - | $18.98M | $22.34M | - | - | $-1.79M | $5.54M | - | - | $15.56M |
| Avg Forecast | $37.35M | $47.59M | $48.19M | $35.73M | $45.58M | $46.30M | $47.26M | $29.79M | $37.95M | $39.45M | $39.02M | $23.31M | $30.18M | $32.65M | $35.04M | $21.19M | $22.34M | $41.38M | $30.96M | $16.75M | $24.75M | $19.44M | $18.64M | $14.74M | $20.54M | $13.38M | $18.49M | $-11.48M | $23.90M | $16.83M |
| High Forecast | $38.60M | $49.19M | $49.81M | $36.93M | $47.11M | $47.86M | $48.85M | $33.33M | $40.89M | $39.65M | $39.73M | $27.97M | $31.09M | $33.75M | $35.47M | $25.43M | $26.81M | $42.96M | $32.75M | $20.10M | $26.18M | $20.56M | $19.72M | $17.69M | $21.73M | $14.15M | $19.56M | $-9.18M | $25.28M | $17.81M |
| Low Forecast | $36.44M | $46.44M | $47.02M | $34.87M | $44.47M | $45.18M | $46.12M | $27.43M | $35.89M | $39.26M | $38.32M | $18.65M | $28.96M | $31.86M | $34.60M | $16.95M | $17.88M | $39.80M | $30.11M | $13.40M | $24.07M | $18.91M | $18.13M | $11.79M | $19.98M | $13.01M | $17.98M | $-13.77M | $23.24M | $16.37M |
| Surprise % | - | - | - | - | - | - | - | - | - | - | - | - | - | 0.87% | -0.24% | - | - | 0.61% | 0.78% | - | - | 0.98% | 1.20% | - | - | -0.13% | 0.30% | - | - | 0.92% |
AZZ's average Quarter net income forecast for Nov 23 is $30.18M, with a range of $28.96M to $31.09M. AZZ's average Quarter net income forecast represents a 6.52% increase compared to the company's last Quarter net income of $28.33M (Aug 23).
AZZ SG&A Forecast
| Nov 26 | Aug 26 | May 26 | Mar 26 | Nov 25 | Aug 25 | May 25 | Mar 25 | Nov 24 | Aug 24 | May 24 | Mar 24 | Nov 23 | Aug 23 | May 23 | Mar 23 | Dec 22 | Aug 22 | May 22 | Mar 22 | Dec 21 | Aug 21 | May 21 | Mar 21 | Dec 20 | Aug 20 | May 20 | Mar 20 | Dec 19 | Aug 19 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| # Analysts | 2 | 2 | 2 | 1 | 1 | 1 | 1 | 3 | 4 | 2 | 2 | 2 | 4 | 2 | 2 | 2 | 14 | 1 | 1 | 1 | 2 | 2 | 2 | 2 | 5 | 6 | 3 | 3 | 2 | 2 |
| SG&A | - | - | - | - | - | - | - | - | - | - | - | - | - | $36.24M | $5.47M | - | - | $37.41M | $44.55M | - | - | $28.59M | $27.21M | - | - | $26.75M | $27.89M | - | - | $30.48M |
| Avg Forecast | $58.03M | $56.37M | $54.75M | $44.85M | $48.68M | $48.61M | $48.60M | $43.23M | $44.92M | $46.65M | $45.93M | $33.42M | $42.68M | $45.20M | $45.18M | $30.38M | $28.48M | $53.64M | $30.53M | $24.02M | $27.94M | $24.79M | $25.48M | $-67.79M | $27.87M | $24.94M | $29.28M | $42.85M | $30.94M | $26.75M |
| High Forecast | $59.53M | $57.83M | $56.17M | $46.01M | $49.94M | $49.87M | $49.86M | $45.15M | $45.94M | $46.68M | $45.93M | $40.11M | $42.91M | $46.38M | $46.35M | $36.46M | $34.17M | $56.03M | $31.89M | $28.82M | $29.18M | $25.89M | $26.61M | $-54.23M | $29.11M | $26.06M | $30.59M | $51.43M | $32.32M | $27.94M |
| Low Forecast | $56.95M | $55.32M | $53.73M | $44.02M | $47.77M | $47.71M | $47.70M | $41.97M | $44.11M | $46.61M | $45.93M | $26.74M | $42.56M | $44.36M | $44.34M | $24.31M | $22.78M | $52.51M | $29.89M | $19.21M | $27.35M | $24.27M | $24.94M | $-81.35M | $27.29M | $24.42M | $28.66M | $34.28M | $30.29M | $26.19M |
| Surprise % | - | - | - | - | - | - | - | - | - | - | - | - | - | 0.80% | 0.12% | - | - | 0.70% | 1.46% | - | - | 1.15% | 1.07% | - | - | 1.07% | 0.95% | - | - | 1.14% |
AZZ's average Quarter SG&A projection for Nov 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
| Nov 26 | Aug 26 | May 26 | Mar 26 | Nov 25 | Aug 25 | May 25 | Mar 25 | Nov 24 | Aug 24 | May 24 | Mar 24 | Nov 23 | Aug 23 | May 23 | Mar 23 | Dec 22 | Aug 22 | May 22 | Mar 22 | Dec 21 | Aug 21 | May 21 | Mar 21 | Dec 20 | Aug 20 | May 20 | Mar 20 | Dec 19 | Aug 19 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| # Analysts | 2 | 2 | 2 | 1 | 1 | 1 | 1 | 3 | 4 | 2 | 2 | 2 | 4 | 2 | 2 | 2 | 14 | 1 | 1 | 1 | 2 | 2 | 2 | 2 | 5 | 6 | 3 | 3 | 2 | 2 |
| EPS | - | - | - | - | - | - | - | - | - | - | - | - | - | $0.99 | - | - | - | $1.01 | $0.97 | - | - | $0.76 | $0.89 | - | - | $-0.07 | $0.21 | - | - | $0.59 |
| Avg Forecast | $1.24 | $1.58 | $1.60 | $1.19 | $1.51 | $1.54 | $1.57 | $0.99 | $1.26 | $1.31 | $1.30 | $0.70 | $1.00 | $1.08 | $1.16 | $0.29 | $1.95 | $1.38 | $1.03 | $0.71 | $0.82 | $0.65 | $0.62 | $0.59 | $0.68 | $0.45 | $0.61 | $0.50 | $0.80 | $0.56 |
| High Forecast | $1.28 | $1.63 | $1.65 | $1.23 | $1.56 | $1.59 | $1.62 | $1.11 | $1.36 | $1.32 | $1.32 | $0.72 | $1.03 | $1.12 | $1.18 | $0.30 | $2.08 | $1.43 | $1.09 | $0.75 | $0.87 | $0.68 | $0.66 | $0.63 | $0.72 | $0.47 | $0.65 | $0.53 | $0.84 | $0.59 |
| Low Forecast | $1.21 | $1.54 | $1.56 | $1.16 | $1.48 | $1.50 | $1.53 | $0.91 | $1.19 | $1.30 | $1.27 | $0.68 | $0.96 | $1.06 | $1.15 | $0.28 | $1.89 | $1.32 | $1.00 | $0.69 | $0.80 | $0.63 | $0.60 | $0.58 | $0.66 | $0.43 | $0.60 | $0.49 | $0.77 | $0.54 |
| Surprise % | - | - | - | - | - | - | - | - | - | - | - | - | - | 0.91% | - | - | - | 0.73% | 0.94% | - | - | 1.18% | 1.44% | - | - | -0.16% | 0.34% | - | - | 1.05% |
According to 4 Wall Street analysts, AZZ's projected average Quarter EPS for Nov 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
| Ticker | Company | Last Closing Price | Avg Price Target | Upside/Downside | Avg Rating |
|---|---|---|---|---|---|
| MMS | Maximus | $75.30 | $110.00 | 46.08% | Buy |
| RTO | Rentokil Initial | $24.78 | $29.00 | 17.03% | Buy |
| FA | First Advantage | $18.64 | $21.00 | 12.66% | Hold |
| CASS | Cass Information Systems | $41.57 | $45.00 | 8.25% | Buy |
| ARMK | Aramark | $39.32 | $40.90 | 4.02% | Buy |
| AZZ | AZZ | $86.15 | $87.17 | 1.18% | Buy |
| ABM | ABM Industries | $53.00 | $47.00 | -11.32% | Buy |