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Here's Why AZZ (AZZ) Fell More Than Broader Market
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In the latest trading session, AZZ (AZZ - Free Report) closed at $135.13, marking a -1.49% move from the previous day. The stock trailed the S&P 500, which registered a daily loss of 0.77%. At the same time, the Dow lost 0.67%, and the tech-heavy Nasdaq lost 0.92%.
Shares of the electrical equipment maker witnessed a loss of 0.85% over the previous month, trailing the performance of the Industrial Products sector with its loss of 0.11%, and the S&P 500's gain of 0.96%.
Analysts and investors alike will be keeping a close eye on the performance of AZZ in its upcoming earnings disclosure. The company's earnings report is set to go public on October 13, 2026. It is anticipated that the company will report an EPS of $1.82, marking a 17.42% rise compared to the same quarter of the previous year. In the meantime, our current consensus estimate forecasts the revenue to be $461.79 million, indicating a 10.67% growth compared to the corresponding quarter of the prior year.
Looking at the full year, the Zacks Consensus Estimates suggest analysts are expecting earnings of $7.06 per share and revenue of $1.82 billion. These totals would mark changes of +14.05% and +10.11%, respectively, from last year.
It's also important for investors to be aware of any recent modifications to analyst estimates for AZZ. Recent revisions tend to reflect the latest near-term business trends. As such, positive estimate revisions reflect analyst optimism about the business and profitability.
Our research reveals that these estimate alterations are directly linked with the stock price performance in the near future. Investors can capitalize on this by using the Zacks Rank. This model considers these estimate changes and provides a simple, actionable 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. Within the past 30 days, our consensus EPS projection remained stagnant. AZZ is holding a Zacks Rank of #3 (Hold) right now.
Looking at valuation, AZZ is presently trading at a Forward P/E ratio of 19.44. For comparison, its industry has an average Forward P/E of 24.51, which means AZZ is trading at a discount to the group.
The Manufacturing - Electronics industry is part of the Industrial Products sector. Currently, this industry holds a Zacks Industry Rank of 71, positioning it in the top 29% of all 250+ industries.
The Zacks Industry Rank assesses the strength of our separate industry groups by calculating the average Zacks Rank of the individual stocks contained within 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
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Here's Why AZZ (AZZ) Fell More Than Broader Market
In the latest trading session, AZZ (AZZ - Free Report) closed at $135.13, marking a -1.49% move from the previous day. The stock trailed the S&P 500, which registered a daily loss of 0.77%. At the same time, the Dow lost 0.67%, and the tech-heavy Nasdaq lost 0.92%.
Shares of the electrical equipment maker witnessed a loss of 0.85% over the previous month, trailing the performance of the Industrial Products sector with its loss of 0.11%, and the S&P 500's gain of 0.96%.
Analysts and investors alike will be keeping a close eye on the performance of AZZ in its upcoming earnings disclosure. The company's earnings report is set to go public on October 13, 2026. It is anticipated that the company will report an EPS of $1.82, marking a 17.42% rise compared to the same quarter of the previous year. In the meantime, our current consensus estimate forecasts the revenue to be $461.79 million, indicating a 10.67% growth compared to the corresponding quarter of the prior year.
Looking at the full year, the Zacks Consensus Estimates suggest analysts are expecting earnings of $7.06 per share and revenue of $1.82 billion. These totals would mark changes of +14.05% and +10.11%, respectively, from last year.
It's also important for investors to be aware of any recent modifications to analyst estimates for AZZ. Recent revisions tend to reflect the latest near-term business trends. As such, positive estimate revisions reflect analyst optimism about the business and profitability.
Our research reveals that these estimate alterations are directly linked with the stock price performance in the near future. Investors can capitalize on this by using the Zacks Rank. This model considers these estimate changes and provides a simple, actionable 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. Within the past 30 days, our consensus EPS projection remained stagnant. AZZ is holding a Zacks Rank of #3 (Hold) right now.
Looking at valuation, AZZ is presently trading at a Forward P/E ratio of 19.44. For comparison, its industry has an average Forward P/E of 24.51, which means AZZ is trading at a discount to the group.
The Manufacturing - Electronics industry is part of the Industrial Products sector. Currently, this industry holds a Zacks Industry Rank of 71, positioning it in the top 29% of all 250+ industries.
The Zacks Industry Rank assesses the strength of our separate industry groups by calculating the average Zacks Rank of the individual stocks contained within 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.