Shares of AZZ Inc (NYSE:AZZ) have earned a consensus broker rating score of 3.00 (Hold) from the one brokers that provide coverage for the stock, Zacks Investment Research reports. One investment analyst has rated the stock with a hold rating.

Brokers have set a one year consensus target price of $52.00 for the company and are expecting that the company will post $0.62 earnings per share for the current quarter, according to Zacks. Zacks has also given AZZ an industry rank of 157 out of 265 based on the ratings given to related companies.

Several research analysts have recently weighed in on the stock. Zacks Investment Research cut shares of AZZ from a “hold” rating to a “strong sell” rating in a research note on Thursday, September 28th. Stifel Nicolaus dropped their price target on shares of AZZ from $56.00 to $52.00 and set a “hold” rating on the stock in a research note on Wednesday, September 27th.

Several institutional investors have recently modified their holdings of AZZ. Vanguard Group Inc. lifted its stake in shares of AZZ by 0.9% during the 2nd quarter. Vanguard Group Inc. now owns 2,307,219 shares of the industrial products company’s stock valued at $128,743,000 after buying an additional 20,239 shares in the last quarter. Neuberger Berman Group LLC lifted its stake in shares of AZZ by 11.5% during the 3rd quarter. Neuberger Berman Group LLC now owns 2,053,087 shares of the industrial products company’s stock valued at $99,985,000 after buying an additional 211,222 shares in the last quarter. Dimensional Fund Advisors LP lifted its stake in shares of AZZ by 2.2% during the 3rd quarter. Dimensional Fund Advisors LP now owns 1,029,118 shares of the industrial products company’s stock valued at $50,119,000 after buying an additional 21,810 shares in the last quarter. Van Berkom & Associates Inc. lifted its stake in shares of AZZ by 5.3% during the 3rd quarter. Van Berkom & Associates Inc. now owns 1,022,817 shares of the industrial products company’s stock valued at $49,811,000 after buying an additional 51,485 shares in the last quarter. Finally, Victory Capital Management Inc. lifted its stake in shares of AZZ by 3.4% during the 3rd quarter. Victory Capital Management Inc. now owns 849,304 shares of the industrial products company’s stock valued at $41,361,000 after buying an additional 27,836 shares in the last quarter. Institutional investors and hedge funds own 88.01% of the company’s stock.

Shares of AZZ (NYSE AZZ) opened at $46.90 on Friday. The company has a market cap of $1,220.18, a P/E ratio of 23.81 and a beta of 1.55. AZZ has a 1 year low of $43.17 and a 1 year high of $61.55. The company has a debt-to-equity ratio of 0.53, a current ratio of 2.57 and a quick ratio of 1.43.

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AZZ Company Profile

AZZ Inc is a provider of galvanizing services, welding solutions, specialty electrical equipment and engineered services to the power generation, transmission, distribution, refining and industrial markets. The Company operates through two segments: Energy segment and Galvanizing segment. Its Energy segment provides products and services designed to support industrial, nuclear and electrical applications.

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