KeyCorp Estimates Azenta’s Q1 Earnings (NASDAQ:AZTA)

Azenta, Inc. (NASDAQ:AZTA) – Equities researchers at KeyCorp issued their Q1 2027 earnings per share estimates for Azenta in a note issued to investors on Wednesday, November 11th. KeyCorp analyst P. Knight expects that the company will earn $0.15 per share for the quarter. KeyCorp also issued estimates for Azenta’s Q2 2027 earnings at $0.09 EPS, Q3 2027 earnings at $0.19 EPS, Q4 2027 earnings at $0.26 EPS, FY2027 earnings at $0.69 EPS and FY2028 earnings at $0.84 EPS.

Other equities research analysts also recently issued research reports about the company. Weiss Ratings raised Azenta from a “sell (e+)” rating to a “sell (d-)” rating in a report on Wednesday, August 26th. Needham & Company LLC lifted their price objective on shares of Azenta from $37.00 to $57.00 and gave the stock a “buy” rating in a research report on Wednesday. Wall Street Zen downgraded shares of Azenta from a “buy” rating to a “hold” rating in a report on Sunday, October 18th. Finally, Jefferies Financial Group increased their price objective on shares of Azenta from $44.00 to $52.00 and gave the company a “buy” rating in a research report on Wednesday. Four investment analysts have rated the stock with a Buy rating, two have issued a Hold rating and one has assigned a Sell rating to the company’s stock. According to data from MarketBeat, the stock has an average rating of “Hold” and an average target price of $47.60.

Azenta Trading Down 10.3%

AZTA stock opened at $43.86 on Friday. Azenta has a 1-year low of $15.93 and a 1-year high of $50.06. The business’s 50 day simple moving average is $36.23 and its 200 day simple moving average is $28.53. The firm has a market capitalization of $1.92 billion, a PE ratio of -12.12 and a beta of 1.47.

Azenta (NASDAQ:AZTA) last issued its earnings results on Tuesday, November 10th. The company reported $0.28 EPS for the quarter, topping the consensus estimate of $0.11 by $0.17. Azenta had a positive return on equity of 1.41% and a negative net margin of 26.86%. The company had revenue of $167.09 million during the quarter, compared to the consensus estimate of $160.16 million.

Institutional Investors Weigh In On Azenta

Institutional investors have recently made changes to their positions in the company. BlackRock Inc. acquired a new position in shares of Azenta in the second quarter valued at approximately $192,152,000. Allspring Global Investments Holdings LLC increased its stake in shares of Azenta by 16.3% during the first quarter. Allspring Global Investments Holdings LLC now owns 1,613,914 shares of the company’s stock worth $34,183,000 after purchasing an additional 225,867 shares during the period. Front Street Capital Management Inc. acquired a new stake in Azenta during the 2nd quarter worth approximately $33,212,000. American Capital Management Inc. lifted its holdings in Azenta by 26.9% during the 1st quarter. American Capital Management Inc. now owns 1,296,024 shares of the company’s stock worth $27,385,000 after purchasing an additional 274,588 shares during the last quarter. Finally, GW&K Investment Management LLC lifted its holdings in Azenta by 0.4% during the 3rd quarter. GW&K Investment Management LLC now owns 992,616 shares of the company’s stock worth $34,633,000 after purchasing an additional 4,187 shares during the last quarter. Institutional investors own 99.08% of the company’s stock.

Recent Azenta Headlines

These are some of the AZTA headlines that stood out recently:

• Positive Sentiment: Azenta reported quarterly EPS of $0.28, above the $0.11 consensus, and revenue of $167.1 million, ahead of estimates. Its fiscal 2027 revenue outlook of $648 million–$660 million also topped the $632.4 million consensus; the company forecast 3%–5% organic growth, versus 2% in fiscal 2026. Azenta Q4 2026 Earnings Call Transcript
• Positive Sentiment: Needham raised its price target to $57 from $37 and maintained a Buy rating; Jefferies also kept a Buy rating while lifting its target to $52 from $44. Needham Adjusts Price Target on Azenta
• Neutral Sentiment: KeyCorp’s estimates call for FY2027 EPS of $0.69 and FY2028 EPS of $0.84. These are analyst forecasts, not company guidance.

Azenta Company Profile

Azenta, Inc. provides products and services for life sciences research and the management of biological samples. Its offerings include automated sample storage systems, laboratory automation equipment, consumables, and software used to track and manage samples. The company also provides genomic services through GENEWIZ, including sequencing and other genetic analysis services for researchers and organizations in the life sciences and pharmaceutical industries. Azenta was formed in 2021 when Brooks Automation separated its life sciences business and adopted the Azenta name.