AZZ (NYSE:AZZ) Posts Quarterly Earnings Results, Beats Expectations By $0.03 EPS

AZZ (NYSE:AZZ) posted its quarterly earnings data on Monday. The industrial products company reported $0.98 EPS for the quarter, beating analysts’ consensus estimates of $0.95 by $0.03, Zacks reports. AZZ had a return on equity of 16.99% and a net margin of 7.94%. AZZ updated its FY 2026 guidance to 5.500-6.100 EPS.

AZZ Stock Down 4.3 %

NYSE AZZ traded down $3.45 on Monday, reaching $77.55. The company had a trading volume of 369,116 shares, compared to its average volume of 252,485. The company has a debt-to-equity ratio of 0.85, a current ratio of 1.77 and a quick ratio of 1.26. AZZ has a 1 year low of $69.59 and a 1 year high of $99.49. The firm has a 50-day moving average of $87.61 and a 200-day moving average of $86.38. The firm has a market capitalization of $2.32 billion, a PE ratio of 52.40, a P/E/G ratio of 1.32 and a beta of 1.22.

AZZ Dividend Announcement

The business also recently announced a quarterly dividend, which will be paid on Thursday, May 15th. Investors of record on Thursday, April 24th will be issued a dividend of $0.17 per share. The ex-dividend date of this dividend is Thursday, April 24th. This represents a $0.68 annualized dividend and a dividend yield of 0.88%. AZZ’s payout ratio is currently 45.95%.

Analyst Upgrades and Downgrades

A number of equities research analysts have recently commented on AZZ shares. Roth Mkm assumed coverage on shares of AZZ in a report on Tuesday, February 11th. They set a “buy” rating and a $108.00 price target for the company. Sidoti raised shares of AZZ from a “neutral” rating to a “buy” rating and set a $101.00 target price for the company in a research note on Wednesday, April 9th. Roth Capital raised AZZ to a “strong-buy” rating in a research note on Tuesday, February 11th. B. Riley upped their target price on AZZ from $99.00 to $111.00 and gave the company a “buy” rating in a research note on Tuesday, February 11th. Finally, Noble Financial restated an “outperform” rating on shares of AZZ in a report on Thursday, March 6th. Four research analysts have rated the stock with a hold rating, six have assigned a buy rating and one has issued a strong buy rating to the stock. Based on data from MarketBeat.com, the company currently has a consensus rating of “Moderate Buy” and an average target price of $100.71.

AZZ Company Profile

AZZ Inc provides hot-dip galvanizing and coil coating solutions in North America. It offers metal finishing solutions for corrosion protection, including hot-dip galvanizing, spin galvanizing, powder coating, anodizing, and plating to steel fabrication and other industries, as well as to fabricators or manufacturers that provide services to the transmission and distribution, bridge and highway, petrochemical, and general industrial markets; and original equipment manufacturers.