Brokerages Anticipate AZZ Inc (AZZ) to Announce $0.62 EPS
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.
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.
COPYRIGHT VIOLATION NOTICE: This piece was first posted by American Banking News and is the sole property of of American Banking News. If you are viewing this piece on another domain, it was illegally copied and reposted in violation of US & international copyright and trademark legislation. The correct version of this piece can be read at https://www.americanbankingnews.com/2018/01/19/brokerages-anticipate-azz-inc-azz-to-announce-0-62-eps.html.
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.
For more information about research offerings from Zacks Investment Research, visit Zacks.com
Receive News & Ratings for AZZ Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for AZZ and related companies with MarketBeat.com's FREE daily email newsletter.