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

AZZ (NYSE:AZZ) issued its quarterly earnings results on Monday. The industrial products company reported $0.98 EPS for the quarter, topping analysts’ consensus estimates of $0.95 by $0.03, Zacks reports. The firm had revenue of $351.88 million for the quarter, compared to analyst estimates of $367.78 million. AZZ had a net margin of 7.94% and a return on equity of 16.99%. AZZ updated its FY 2026 guidance to 5.500-6.100 EPS.

AZZ Stock Performance

NYSE AZZ opened at $80.39 on Wednesday. The business’s 50-day moving average price is $86.86 and its 200 day moving average price is $86.31. AZZ has a twelve month low of $69.59 and a twelve month high of $99.49. The company has a current ratio of 1.77, a quick ratio of 1.26 and a debt-to-equity ratio of 0.85. The company has a market capitalization of $2.40 billion, a PE ratio of 54.32, a price-to-earnings-growth ratio of 1.32 and a beta of 1.22.

AZZ Announces Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Thursday, May 15th. Investors of record on Thursday, April 24th will be paid a dividend of $0.17 per share. This represents a $0.68 dividend on an annualized basis and a dividend yield of 0.85%. The ex-dividend date of this dividend is Thursday, April 24th. AZZ’s payout ratio is currently 45.95%.

Analyst Ratings Changes

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

About AZZ

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.