Explore what analysts are saying about AZEK Co AZEK based on recent ratings:
| Bullish | Somewhat Bullish | Indifferent | Somewhat Bearish | Bearish | |
|---|---|---|---|---|---|
| Total Ratings | 5 | 4 | 0 | 0 | 0 |
| Last 30D | 1 | 0 | 0 | 0 | 0 |
| 1M Ago | 3 | 2 | 0 | 0 | 0 |
| 2M Ago | 0 | 0 | 0 | 0 | 0 |
| 3M Ago | 1 | 2 | 0 | 0 | 0 |
In the last 3 months, 9 analysts have offered 12-month price targets for AZEK Co. The company has an average price target of $39.56 with a high of $44.00 and a low of $35.00.
Explore a summary of how these 9 analysts have rated AZEK Co in the last 3 months. More bullish ratings indicate a positive sentiment, while more bearish ratings signify a negative outlook.
Witnessing a positive shift, the current average has risen by 2.94% from the previous average price target of $38.43.
Exploring Analyst Ratings: An In-Depth Overview
Explore the sentiments of financial experts and analysts through a comprehensive breakdown of their recent evaluations for AZEK Co. Our Ratings Table below offers a detailed overview of the actions taken by key analysts, their current ratings, and price targets. Understanding how these experts perceive the company can provide valuable insights into potential market trends and investor sentiment.
| Analyst | Analyst Firm | Action Taken | Rating | Current Price Target | Prior Price Target |
|---|---|---|---|---|---|
| Stanley Elliott | Stifel | Raises | Buy | $44.00 | $38.00 |
| Truman Patterson | Wolfe Research | Announces | Outperform | $43.00 | - |
| Ketan Mamtora | BMO Capital | Raises | Outperform | $39.00 | $37.00 |
| Keith Hughes | Truist Securities | Raises | Buy | $40.00 | $35.00 |
| Stanley Elliott | Stifel | Raises | Buy | $38.00 | $36.00 |
| Alex Rygiel | B. Riley Securities | Lowers | Buy | $40.00 | $42.00 |
| Keith Hughes | Truist Securities | Lowers | Buy | $35.00 | $40.00 |
| Matthew Bouley | Barclays | Lowers | Overweight | $37.00 | $41.00 |
| Trey Grooms | Stephens & Co. | Maintains | Overweight | $40.00 | - |
Key Insights:
- Action Taken: In response to dynamic market conditions and company performance, analysts update their recommendations. Whether they 'Maintain', 'Raise', or 'Lower' their stance, it signifies their reaction to recent developments related to AZEK Co. This insight gives a snapshot of analysts' perspectives on the current state of the company.
- Rating: Offering insights into predictions, analysts assign qualitative values, from 'Outperform' to 'Underperform'. These ratings convey expectations for the relative performance of AZEK Co compared to the broader market.
- Price Targets: Analysts gauge the dynamics of price targets, providing estimates for the future value of AZEK Co's stock. This comparison reveals trends in analysts' expectations over time.
Considering these analyst evaluations in conjunction with other financial indicators can offer a comprehensive understanding of AZEK Co's market position. Stay informed and make well-informed decisions with our Ratings Table.
Stay up to date on AZEK Co analyst ratings.
Delving into AZEK Co's Background
The AZEK Co Inc is a designer and manufacturer of beautiful, low maintenance and environmentally sustainable products focused on the fast-growing Outdoor Living market. Its portfolio of products includes decks, rail, trim, outdoor furniture among others. The company operates in two segments which are Residential and Commercial. It generates maximum revenue from the Residential segment. The company's brand includes TimberTech; AZEK; Versatex, Ultralox, StruXure, and Intex.
A Deep Dive into AZEK Co's Financials
Market Capitalization Analysis: The company exhibits a lower market capitalization profile, positioning itself below industry averages. This suggests a smaller scale relative to peers.
Positive Revenue Trend: Examining AZEK Co's financials over 3 months reveals a positive narrative. The company achieved a noteworthy revenue growth rate of 27.63% as of 30 September, 2023, showcasing a substantial increase in top-line earnings. When compared to others in the Industrials sector, the company excelled with a growth rate higher than the average among peers.
Net Margin: AZEK Co's net margin lags behind industry averages, suggesting challenges in maintaining strong profitability. With a net margin of 10.97%, the company may face hurdles in effective cost management.
Return on Equity (ROE): AZEK Co's ROE is below industry averages, indicating potential challenges in efficiently utilizing equity capital. With an ROE of 2.97%, the company may face hurdles in achieving optimal financial returns.
Return on Assets (ROA): AZEK Co's ROA is below industry standards, pointing towards difficulties in efficiently utilizing assets. With an ROA of 1.81%, the company may encounter challenges in delivering satisfactory returns from its assets.
Debt Management: With a below-average debt-to-equity ratio of 0.41, AZEK Co adopts a prudent financial strategy, indicating a balanced approach to debt management.
Understanding the Relevance of Analyst Ratings
Analyst ratings serve as essential indicators of stock performance, provided by experts in banking and financial systems. These specialists diligently analyze company financial statements, participate in conference calls, and engage with insiders to generate quarterly ratings for individual stocks.
Some analysts also offer predictions for helpful metrics such as earnings, revenue, and growth estimates to provide further guidance as to what to do with certain tickers. It is important to keep in mind that while stock and sector analysts are specialists, they are also human and can only forecast their beliefs to traders.
This article was generated by Benzinga's automated content engine and reviewed by an editor.
© 2024 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.
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