What is Noble Financial’s Forecast for AZZ Q2 Earnings?

AZZ Inc. (NYSE:AZZ) – Stock analysts at Noble Financial raised their Q2 2027 EPS estimates for shares of AZZ in a report released on Friday, July 10th. Noble Financial analyst M. Reichman now anticipates that the industrial products company will earn $1.81 per share for the quarter, up from their prior forecast of $1.78. The consensus estimate for AZZ’s current full-year earnings is $6.85 per share. Noble Financial also issued estimates for AZZ’s Q3 2027 earnings at $1.78 EPS, Q4 2027 earnings at $1.56 EPS, FY2027 earnings at $7.00 EPS, FY2028 earnings at $7.52 EPS, FY2029 earnings at $7.86 EPS and FY2031 earnings at $8.54 EPS.

Several other brokerages have also recently issued reports on AZZ. Robert W. Baird boosted their price target on AZZ from $125.00 to $155.00 and gave the company a “neutral” rating in a research report on Friday, April 24th. Weiss Ratings cut AZZ from a “buy (b+)” rating to a “buy (b)” rating in a research report on Thursday. Wells Fargo & Company lifted their target price on AZZ from $138.00 to $144.00 and gave the company an “equal weight” rating in a research note on Friday. Wall Street Zen lowered AZZ from a “buy” rating to a “hold” rating in a report on Sunday. Finally, Evercore restated an “outperform” rating and set a $152.00 price target on shares of AZZ in a research note on Monday, April 27th. Four equities research analysts have rated the stock with a Buy rating and three have assigned a Hold rating to the company. According to MarketBeat.com, the company currently has a consensus rating of “Moderate Buy” and an average price target of $155.00.

AZZ Price Performance

Shares of AZZ opened at $146.23 on Monday. AZZ has a fifty-two week low of $92.98 and a fifty-two week high of $162.20. The company has a market capitalization of $4.39 billion, a price-to-earnings ratio of 22.29 and a beta of 1.11. The firm has a 50-day simple moving average of $145.70 and a 200-day simple moving average of $133.62. The company has a debt-to-equity ratio of 0.35, a quick ratio of 1.39 and a current ratio of 1.92.

AZZ (NYSE:AZZ) last posted its quarterly earnings data on Wednesday, July 8th. The industrial products company reported $1.85 EPS for the quarter, beating analysts’ consensus estimates of $1.80 by $0.05. AZZ had a net margin of 11.83% and a return on equity of 14.18%. The company had revenue of $448.53 million for the quarter, compared to analyst estimates of $434.58 million. During the same period in the previous year, the business posted $1.78 earnings per share. AZZ’s quarterly revenue was up 6.3% on a year-over-year basis. AZZ has set its FY 2027 guidance at 6.750-7.150 EPS.

Institutional Investors Weigh In On AZZ

Hedge funds have recently added to or reduced their stakes in the company. Hantz Financial Services Inc. boosted its holdings in AZZ by 92.5% in the 4th quarter. Hantz Financial Services Inc. now owns 258 shares of the industrial products company’s stock valued at $28,000 after purchasing an additional 124 shares in the last quarter. Osterweis Capital Management Inc. purchased a new position in shares of AZZ during the 2nd quarter worth approximately $30,000. Kestra Advisory Services LLC acquired a new stake in shares of AZZ in the 4th quarter valued at approximately $38,000. Clearstead Advisors LLC lifted its holdings in shares of AZZ by 184.3% in the 4th quarter. Clearstead Advisors LLC now owns 361 shares of the industrial products company’s stock valued at $39,000 after buying an additional 234 shares during the period. Finally, Fifth Third Bancorp boosted its stake in shares of AZZ by 55.9% in the fourth quarter. Fifth Third Bancorp now owns 382 shares of the industrial products company’s stock valued at $41,000 after buying an additional 137 shares in the last quarter. Institutional investors and hedge funds own 90.93% of the company’s stock.

AZZ Increases Dividend

The company also recently declared a quarterly dividend, which will be paid on Thursday, July 30th. Stockholders of record on Thursday, July 9th will be paid a dividend of $0.24 per share. This represents a $0.96 dividend on an annualized basis and a dividend yield of 0.7%. This is a positive change from AZZ’s previous quarterly dividend of $0.20. The ex-dividend date is Thursday, July 9th. AZZ’s dividend payout ratio (DPR) is presently 14.63%.

Key Stories Impacting AZZ

Here are the key news stories impacting AZZ this week:

• Positive Sentiment: AZZ reported Q1 earnings of $1.85 per share, topping estimates, with revenue also beating expectations and rising year over year. AZZ Surpasses Q1 Earnings and Revenue Estimates
• Positive Sentiment: The company raised its FY2027 outlook, which investors may view as a sign that demand remains robust across its Metal Coatings and Precoat Metal segments. AZZ Shines in Q1 on Metal Coatings Momentum, Boosts Outlook
• Positive Sentiment: Analysts and market commentary highlighted momentum from infrastructure demand, which supports the stock’s recent strength. Why Is AZZ (NYSE:AZZ) in Focus as Infrastructure Demand Holds?
• Neutral Sentiment: Wells Fargo raised its price target on AZZ to $144 from $138, but kept an “equal weight” rating, implying limited upside from the current share price. Wells Fargo price target update
• Neutral Sentiment: Some commentary questioned whether the broader grid/infrastructure boom is enough to justify buying the stock at current levels. AZZ Inc.: The Grid Boom May Not Be Enough To Justify Buying Here

AZZ Company Profile

AZZ Inc, incorporated in 1956 and headquartered in Fort Worth, Texas, is a leading provider of galvanizing and metal finishing solutions alongside electrical equipment and services. The company supports a diverse range of industries—such as energy, infrastructure, heavy equipment and general industrial markets—by delivering corrosion protection and high-performance electrical solutions designed for demanding environments.

AZZ operates two primary business segments. The Global Coatings & Services segment offers hot-dip galvanizing, metal finishing, painting, powder coating and related value-added services to steel fabricators and original equipment manufacturers.