During the last three months, 8 analysts shared their evaluations of AZEK Co AZEK, revealing diverse outlooks from bullish to bearish.
Summarizing their recent assessments, the table below illustrates the evolving sentiments in the past 30 days and compares them to the preceding months.
| Bullish | Somewhat Bullish | Indifferent | Somewhat Bearish | Bearish | |
|---|---|---|---|---|---|
| Total Ratings | 5 | 3 | 0 | 0 | 0 |
| Last 30D | 1 | 0 | 0 | 0 | 0 |
| 1M Ago | 0 | 0 | 0 | 0 | 0 |
| 2M Ago | 3 | 3 | 0 | 0 | 0 |
| 3M Ago | 1 | 0 | 0 | 0 | 0 |
The 12-month price targets assessed by analysts reveal further insights, featuring an average target of $49.5, a high estimate of $57.00, and a low estimate of $44.00. This current average has increased by 19.28% from the previous average price target of $41.50.
Deciphering Analyst Ratings: An In-Depth Analysis
The standing of AZEK Co among financial experts becomes clear with a thorough analysis of recent analyst actions. The summary below outlines key analysts, their recent evaluations, and adjustments to ratings and price targets.
| Analyst | Analyst Firm | Action Taken | Rating | Current Price Target | Prior Price Target |
|---|---|---|---|---|---|
| Keith Hughes | Truist Securities | Raises | Buy | $57.00 | $48.00 |
| Ketan Mamtora | BMO Capital | Raises | Outperform | $46.00 | $39.00 |
| Alex Rygiel | B. Riley Securities | Raises | Buy | $50.00 | $40.00 |
| Stanley Elliott | Stifel | Raises | Buy | $52.00 | $44.00 |
| Keith Hughes | Truist Securities | Raises | Buy | $48.00 | $40.00 |
| Mike Dahl | RBC Capital | Raises | Outperform | $49.00 | $43.00 |
| Trey Grooms | Stephens & Co. | Raises | Overweight | $50.00 | $40.00 |
| Stanley Elliott | Stifel | Raises | Buy | $44.00 | $38.00 |
Key Insights:
- Action Taken: Analysts adapt their recommendations to changing market conditions and company performance. Whether they 'Maintain', 'Raise' or 'Lower' their stance, it reflects their response to recent developments related to AZEK Co. This information provides a snapshot of how analysts perceive the current state of the company.
- Rating: Providing a comprehensive analysis, analysts offer qualitative assessments, ranging from 'Outperform' to 'Underperform'. These ratings reflect expectations for the relative performance of AZEK Co compared to the broader market.
- Price Targets: Delving into movements, analysts provide estimates for the future value of AZEK Co's stock. This analysis reveals shifts in analysts' expectations over time.
To gain a panoramic view of AZEK Co's market performance, explore these analyst evaluations alongside essential financial indicators. Stay informed and make judicious decisions using our Ratings Table.
Stay up to date on AZEK Co analyst ratings.
About AZEK Co
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.
Key Indicators: AZEK Co's Financial Health
Market Capitalization Analysis: Positioned below industry benchmarks, the company's market capitalization faces constraints in size. This could be influenced by factors such as growth expectations or operational capacity.
Revenue Growth: AZEK Co's remarkable performance in 3 months is evident. As of 31 December, 2023, the company achieved an impressive revenue growth rate of 11.18%. This signifies a substantial increase in the company's 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 financial strength is reflected in its exceptional net margin, which exceeds industry averages. With a remarkable net margin of 10.7%, the company showcases strong profitability and effective cost management.
Return on Equity (ROE): AZEK Co's ROE is below industry standards, pointing towards difficulties in efficiently utilizing equity capital. With an ROE of 1.84%, the company may encounter challenges in delivering satisfactory returns for shareholders.
Return on Assets (ROA): AZEK Co's ROA is below industry standards, pointing towards difficulties in efficiently utilizing assets. With an ROA of 1.11%, the company may encounter challenges in delivering satisfactory returns from its assets.
Debt Management: AZEK Co's debt-to-equity ratio is below the industry average. With a ratio of 0.44, the company relies less on debt financing, maintaining a healthier balance between debt and equity, which can be viewed positively by investors.
How Are Analyst Ratings Determined?
Experts in banking and financial systems, analysts specialize in reporting for specific stocks or defined sectors. Their comprehensive research involves attending company conference calls and meetings, analyzing financial statements, and engaging with insiders to generate what are known as analyst ratings for stocks. Typically, analysts assess and rate each stock once per quarter.
Analysts may supplement their ratings with predictions for metrics like growth estimates, earnings, and revenue, offering investors a more comprehensive outlook. However, investors should be mindful that analysts, like any human, can have subjective perspectives influencing their forecasts.
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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