We use cookies to understand how you use our site and to improve your experience.
This includes personalizing content and advertising.
By pressing "Accept All" or closing out of this banner, you consent to the use of all cookies and similar technologies and the sharing of information they collect with third parties.
You can reject marketing cookies by pressing "Deny Optional," but we still use essential, performance, and functional cookies.
In addition, whether you "Accept All," Deny Optional," click the X or otherwise continue to use the site, you accept our Privacy Policy and Terms of Service, revised from time to time.
You are being directed to ZacksTrade, a division of LBMZ Securities and licensed broker-dealer. ZacksTrade and Zacks.com are separate companies. The web link between the two companies is not a solicitation or offer to invest in a particular security or type of security. ZacksTrade does not endorse or adopt any particular investment strategy, any analyst opinion/rating/report or any approach to evaluating individual securities.
If you wish to go to ZacksTrade, click OK. If you do not, click Cancel.
Why AZZ (AZZ) Dipped More Than Broader Market Today
Read MoreHide Full Article
In the latest trading session, AZZ (AZZ - Free Report) closed at $152.64, marking a -3.54% move from the previous day. The stock trailed the S&P 500, which registered a daily loss of 1.44%. Elsewhere, the Dow lost 0.09%, while the tech-heavy Nasdaq lost 2.22%.
The electrical equipment maker's stock has climbed by 14.75% in the past month, exceeding the Industrial Products sector's gain of 9.25% and the S&P 500's gain of 0.08%.
The upcoming earnings release of AZZ will be of great interest to investors. The company's earnings report is expected on July 8, 2026. The company's earnings per share (EPS) are projected to be $1.63, reflecting a 8.43% decrease from the same quarter last year. Meanwhile, the Zacks Consensus Estimate for revenue is projecting net sales of $435.55 million, up 3.22% from the year-ago period.
In terms of the entire fiscal year, the Zacks Consensus Estimates predict earnings of $6.79 per share and a revenue of $1.75 billion, indicating changes of +9.69% and +5.98%, respectively, from the former year.
Additionally, investors should keep an eye on any recent revisions to analyst forecasts for AZZ. Recent revisions tend to reflect the latest near-term business trends. As a result, we can interpret positive estimate revisions as a good sign for the business outlook.
Our research suggests that these changes in estimates have a direct relationship with upcoming stock price performance. To take advantage of this, we've established the Zacks Rank, an exclusive model that considers these estimated changes and delivers an operational rating system.
The Zacks Rank system, ranging from #1 (Strong Buy) to #5 (Strong Sell), possesses a remarkable history of outdoing, externally audited, with #1 stocks returning an average annual gain of +25% since 1988. Over the last 30 days, the Zacks Consensus EPS estimate has witnessed an unchanged state. Currently, AZZ is carrying a Zacks Rank of #3 (Hold).
Looking at valuation, AZZ is presently trading at a Forward P/E ratio of 23.32. This indicates no noticeable deviation in contrast to its industry's Forward P/E of 23.32.
The Manufacturing - Electronics industry is part of the Industrial Products sector. Currently, this industry holds a Zacks Industry Rank of 95, positioning it in the top 39% of all 250+ industries.
The Zacks Industry Rank evaluates the power of our distinct industry groups by determining the average Zacks Rank of the individual stocks forming the groups. Our research shows that the top 50% rated industries outperform the bottom half by a factor of 2 to 1.
Remember to apply Zacks.com to follow these and more stock-moving metrics during the upcoming trading sessions.
View the Zacks #1 Rank List
Image: Bigstock
Why AZZ (AZZ) Dipped More Than Broader Market Today
In the latest trading session, AZZ (AZZ - Free Report) closed at $152.64, marking a -3.54% move from the previous day. The stock trailed the S&P 500, which registered a daily loss of 1.44%. Elsewhere, the Dow lost 0.09%, while the tech-heavy Nasdaq lost 2.22%.
The electrical equipment maker's stock has climbed by 14.75% in the past month, exceeding the Industrial Products sector's gain of 9.25% and the S&P 500's gain of 0.08%.
The upcoming earnings release of AZZ will be of great interest to investors. The company's earnings report is expected on July 8, 2026. The company's earnings per share (EPS) are projected to be $1.63, reflecting a 8.43% decrease from the same quarter last year. Meanwhile, the Zacks Consensus Estimate for revenue is projecting net sales of $435.55 million, up 3.22% from the year-ago period.
In terms of the entire fiscal year, the Zacks Consensus Estimates predict earnings of $6.79 per share and a revenue of $1.75 billion, indicating changes of +9.69% and +5.98%, respectively, from the former year.
Additionally, investors should keep an eye on any recent revisions to analyst forecasts for AZZ. Recent revisions tend to reflect the latest near-term business trends. As a result, we can interpret positive estimate revisions as a good sign for the business outlook.
Our research suggests that these changes in estimates have a direct relationship with upcoming stock price performance. To take advantage of this, we've established the Zacks Rank, an exclusive model that considers these estimated changes and delivers an operational rating system.
The Zacks Rank system, ranging from #1 (Strong Buy) to #5 (Strong Sell), possesses a remarkable history of outdoing, externally audited, with #1 stocks returning an average annual gain of +25% since 1988. Over the last 30 days, the Zacks Consensus EPS estimate has witnessed an unchanged state. Currently, AZZ is carrying a Zacks Rank of #3 (Hold).
Looking at valuation, AZZ is presently trading at a Forward P/E ratio of 23.32. This indicates no noticeable deviation in contrast to its industry's Forward P/E of 23.32.
The Manufacturing - Electronics industry is part of the Industrial Products sector. Currently, this industry holds a Zacks Industry Rank of 95, positioning it in the top 39% of all 250+ industries.
The Zacks Industry Rank evaluates the power of our distinct industry groups by determining the average Zacks Rank of the individual stocks forming the groups. Our research shows that the top 50% rated industries outperform the bottom half by a factor of 2 to 1.
Remember to apply Zacks.com to follow these and more stock-moving metrics during the upcoming trading sessions.