Press coverage about AZZ (NYSE:AZZ) has trended somewhat positive on Thursday, according to Accern Sentiment Analysis. The research firm identifies positive and negative news coverage by reviewing more than 20 million blog and news sources in real-time. Accern ranks coverage of publicly-traded companies on a scale of negative one to one, with scores nearest to one being the most favorable. AZZ earned a media sentiment score of 0.06 on Accern’s scale. Accern also assigned news headlines about the industrial products company an impact score of 45.5447048974814 out of 100, meaning that recent news coverage is somewhat unlikely to have an effect on the company’s share price in the near future.
These are some of the news headlines that may have impacted Accern Sentiment Analysis’s scoring:
- Global Electric Enclosure Consumption Market Application, Classification and Technology by 2025 (emailwire.com)
- AZZ (AZZ) Lifted to “Hold” at Zacks Investment Research (americanbankingnews.com)
- Reviewing AZZ (AZZ) & MTS Systems (MTSC) (americanbankingnews.com)
- Zacks: AZZ Inc (AZZ) Given Average Recommendation of “Hold” by Analysts (americanbankingnews.com)
- ETFs with exposure to AZZ, Inc. : November 30, 2017 (finance.yahoo.com)
Shares of AZZ (AZZ) opened at $47.50 on Thursday. The firm has a market cap of $1,227.97, a price-to-earnings ratio of 24.01 and a beta of 1.55. The company has a debt-to-equity ratio of 0.53, a current ratio of 2.57 and a quick ratio of 1.43. AZZ has a one year low of $43.17 and a one year high of $67.70.
AZZ (NYSE:AZZ) last announced its quarterly earnings results on Tuesday, October 3rd. The industrial products company reported $0.32 EPS for the quarter, missing the Zacks’ consensus estimate of $0.41 by ($0.09). The business had revenue of $190.40 million for the quarter, compared to the consensus estimate of $193.70 million. AZZ had a net margin of 6.27% and a return on equity of 9.65%. The business’s revenue for the quarter was down 2.4% compared to the same quarter last year. During the same quarter last year, the firm posted $0.55 EPS. analysts expect that AZZ will post 1.99 earnings per share for the current fiscal year.
Several analysts have recently weighed in on AZZ shares. BidaskClub lowered shares of AZZ from a “sell” rating to a “strong sell” rating in a research note on Saturday, August 19th. Zacks Investment Research lowered shares of AZZ from a “hold” rating to a “strong sell” rating in a research note on Thursday, September 28th. Finally, Stifel Nicolaus lowered their price objective on shares of AZZ from $56.00 to $52.00 and set a “hold” rating for the company in a research note on Wednesday, September 27th.
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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.
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