AZZ (NYSE:AZZ) Releases FY25 Earnings Guidance

AZZ (NYSE:AZZ) issued an update on its FY25 earnings guidance on Monday morning. The company provided earnings per share (EPS) guidance of $4.50-5.00 for the period, compared to the consensus estimate of $4.77. The company issued revenue guidance of $1.53-1.63 billion, compared to the consensus revenue estimate of $1.58 billion.

AZZ Price Performance

NYSE AZZ opened at $76.50 on Tuesday. The business’s fifty day moving average price is $74.74 and its 200-day moving average price is $60.93. The stock has a market capitalization of $1.92 billion, a price-to-earnings ratio of 27.62, a PEG ratio of 1.14 and a beta of 1.28. The company has a debt-to-equity ratio of 1.06, a current ratio of 1.96 and a quick ratio of 1.33. AZZ has a 1-year low of $34.59 and a 1-year high of $82.10.

AZZ Dividend Announcement

The company also recently declared a quarterly dividend, which will be paid on Thursday, May 2nd. Stockholders of record on Wednesday, April 17th will be issued a dividend of $0.17 per share. The ex-dividend date is Tuesday, April 16th. This represents a $0.68 annualized dividend and a dividend yield of 0.89%. AZZ’s payout ratio is 24.55%.

Analysts Set New Price Targets

A number of brokerages have recently weighed in on AZZ. Noble Financial lowered AZZ from an outperform rating to a market perform rating and set a $75.00 price objective for the company. in a research report on Friday, March 22nd. StockNews.com lowered AZZ from a buy rating to a hold rating in a research report on Friday, February 9th.

AZZ Company Profile

AZZ Inc provides hot-dip galvanizing and coil coating solutions in the United States, Canada, Brazil, China, the Netherlands, Poland, Singapore, and India. The company operates through AZZ Metal Coatings and AZZ Precoat Metals segments. The AZZ Metal Coatings segment offers metal finishing solutions for corrosion protection, including hot-dip galvanizing, spin galvanizing, powder coating, anodizing, and plating to steel fabrication and other industries.