Azz Incorporated Stock Today

AZZ Stock  USD 95.41  7.75  8.84%   

Performance

8 of 100

 
Weak
 
Strong
OK

Odds Of Distress

Less than 5

 
High
 
Low
Very Low
AZZ Incorporated is trading at 95.41 as of the 22nd of November 2024; that is 8.84 percent increase since the beginning of the trading day. The stock's open price was 87.66. AZZ Incorporated has under 5 % chance of experiencing financial distress over the next 2 years but had a somewhat ok performance during the last 90 days. Equity ratings for AZZ Incorporated are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 23rd of October 2024 and ending today, the 22nd of November 2024. Click here to learn more.
Business Domain
Capital Goods
IPO Date
7th of September 1984
Category
Industrials
AZZ Inc. offers galvanizing and metal coating solutions, welding solutions, specialty electrical equipment, and engineered services to the power generation, transmission, distribution, refining, and industrial markets in the United States and internationally. The company has 29.88 M outstanding shares of which 418.67 K shares are presently shorted by investors with about 2.63 days to cover. More on AZZ Incorporated

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AZZ Stock Highlights

ESG Sustainability
Environmental
Governance
Social
CEOThomas Ferguson
Thematic IdeaElectrical Equipment (View all Themes)
Old Names[Azarga Uranium Corp, Antares Energy Ltd.]
Business ConcentrationHeavy Electrical Equipment, Specialty Business Services, Industrials, NYSE Composite, SP Small-Cap 600, Electrical Equipment, Industrials, Electrical Equipment, Metal Fabrication, Industrials (View all Sectors)
Average Analyst Recommendation
Financial Strength
Current ValueLast YearChange From Last Year 10 Year Trend
Asset Turnover1.120.7003
Way Up
Pretty Stable
Gross Profit Margin0.280.2364
Fairly Up
Pretty Stable
Net DebtB972.9 M
Sufficiently Up
Slightly volatile
Total Current Liabilities204 M194.3 M
Sufficiently Up
Slightly volatile
Non Current Liabilities Total1.1 B1.1 B
Sufficiently Up
Slightly volatile
Total Assets2.3 B2.2 B
Sufficiently Up
Slightly volatile
Total Current Assets385.3 M367 M
Sufficiently Up
Slightly volatile
Total Cash From Operating Activities256.7 M244.5 M
Sufficiently Up
Slightly volatile
Debt Levels
AZZ Incorporated can leverage the use of borrowed funds to amplify returns from an investment. In general, analyzing the relationship between debt to total assets helps investors to understand AZZ Incorporated's financial leverage. It provides some insight into what part of AZZ Incorporated's total assets is financed by creditors.
Liquidity
AZZ Incorporated has 977.23 M in debt with debt to equity (D/E) ratio of 1.49, which is OK given its current industry classification. AZZ Incorporated has a current ratio of 1.84, which is typical for the industry and considered as normal. Note however, debt could still be an excellent tool for AZZ to invest in growth at high rates of return.

Total Cash From Operating Activities

256.69 Million
AZZ Incorporated (AZZ) is traded on New York Stock Exchange in USA. It is located in One Museum Place, Fort Worth, TX, United States, 76107 and employs 3,873 people. AZZ Incorporated is listed under Heavy Electrical Equipment category by Fama And French industry classification. The company currently falls under 'Mid-Cap' category with a total capitalization of 2.62 B. AZZ Incorporated runs under Electrical Equipment sector within Industrials industry. The entity has 29.88 M outstanding shares of which 418.67 K shares are presently shorted by investors with about 2.63 days to cover. AZZ Incorporated has about 2.82 M in cash with 244.47 M of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 0.46.
Check AZZ Incorporated Probability Of Bankruptcy
Ownership Allocation
AZZ Incorporated holds a total of 29.88 Million outstanding shares. The majority of AZZ Incorporated outstanding shares are owned by other corporate entities. These outside corporations are usually referred to as non-private investors looking to acquire positions in AZZ Incorporated to benefit from reduced commissions. Accordingly, institutional investors are subject to a different set of regulations than regular investors in AZZ Incorporated. Please pay attention to any change in the institutional holdings of AZZ Incorporated as this could imply that something significant has changed or is about to change at the company. Please note that no matter how many assets the company secures, if the real value of the firm is less than the current market value, you may not be able to make money on it.
Check AZZ Ownership Details

AZZ Stock Institutional Holders

InstituionRecorded OnShares
Westwood Holdings Group Inc2024-06-30
568.6 K
Morgan Stanley - Brokerage Accounts2024-06-30
488.1 K
Charles Schwab Investment Management Inc2024-09-30
402.5 K
Boston Partners Global Investors, Inc2024-06-30
339.2 K
Northern Trust Corp2024-09-30
288.2 K
Goldman Sachs Group Inc2024-06-30
282.4 K
Bank Of New York Mellon Corp2024-06-30
269.1 K
Zimmer Partners Lp2024-06-30
252.5 K
Bank Of America Corp2024-06-30
238.2 K
Blackrock Inc2024-06-30
4.4 M
Vanguard Group Inc2024-09-30
3.2 M
View AZZ Incorporated Diagnostics

AZZ Incorporated Historical Income Statement

At this time, AZZ Incorporated's Income Before Tax is fairly stable compared to the past year. Net Income is likely to rise to about 106.7 M in 2024, whereas Selling General Administrative is likely to drop slightly above 134.8 M in 2024. View More Fundamentals

AZZ Stock Against Markets

AZZ Incorporated Corporate Directors

Daniel BerceIndependent DirectorProfile
Ed McGoughIndependent DirectorProfile
Paul EismanIndependent DirectorProfile
Steven PurvisIndependent DirectorProfile

Already Invested in AZZ Incorporated?

The danger of trading AZZ Incorporated is mainly related to its market volatility and Company specific events. As an investor, you must understand the concept of risk-adjusted return before you start trading. The most common way to measure the risk of AZZ Incorporated is by using the Sharpe ratio. The ratio expresses how much excess return you acquire for the extra volatility you endure for holding a more risker asset than AZZ Incorporated. The Sharpe ratio is calculated by using standard deviation and excess return to determine reward per unit of risk. To understand how volatile AZZ Incorporated is, you must compare it to a benchmark. Traditionally, the risk-free rate of return is the rate of return on the shortest-dated U.S. Treasury, such as a 3-year bond.

Additional Tools for AZZ Stock Analysis

When running AZZ Incorporated's price analysis, check to measure AZZ Incorporated's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy AZZ Incorporated is operating at the current time. Most of AZZ Incorporated's value examination focuses on studying past and present price action to predict the probability of AZZ Incorporated's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move AZZ Incorporated's price. Additionally, you may evaluate how the addition of AZZ Incorporated to your portfolios can decrease your overall portfolio volatility.