AZZ Inc (NYSE:AZZ) has received a consensus broker rating score of 3.00 (Hold) from the one brokers that cover the company, Zacks Investment Research reports. One analyst has rated the stock with a hold rating.
Brokerages have set a 12 month consensus price target of $48.00 for the company and are expecting that the company will post $0.40 earnings per share for the current quarter, according to Zacks. Zacks has also assigned AZZ an industry rank of 100 out of 265 based on the ratings given to related companies.
Separately, Zacks Investment Research downgraded shares of AZZ from a “hold” rating to a “sell” rating in a research note on Wednesday, February 14th.
Shares of AZZ (AZZ) traded down $0.55 on Friday, hitting $42.20. The company had a trading volume of 145,527 shares, compared to its average volume of 142,338. The company has a quick ratio of 1.43, a current ratio of 2.57 and a debt-to-equity ratio of 0.53. AZZ has a one year low of $40.90 and a one year high of $61.55. The company has a market capitalization of $1,095.55, a price-to-earnings ratio of 21.42 and a beta of 1.32.
The firm also recently announced a quarterly dividend, which was paid on Tuesday, February 20th. Stockholders of record on Tuesday, February 6th were paid a $0.17 dividend. This represents a $0.68 dividend on an annualized basis and a dividend yield of 1.61%. The ex-dividend date was Monday, February 5th. AZZ’s dividend payout ratio is presently 34.52%.
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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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