6 analysts have shared their evaluations of AZEK Co (NYSE:AZEK) during the recent three months, expressing a mix of bullish and bearish perspectives.
In the table below, you'll find a summary of their recent ratings, revealing the shifting sentiments over the past 30 days and comparing them to the previous months.
| Bullish | Somewhat Bullish | Indifferent | Somewhat Bearish | Bearish | |
|---|---|---|---|---|---|
| Total Ratings | 2 | 3 | 1 | 0 | 0 |
| Last 30D | 1 | 0 | 0 | 0 | 0 |
| 1M Ago | 0 | 0 | 0 | 0 | 0 |
| 2M Ago | 1 | 1 | 0 | 0 | 0 |
| 3M Ago | 0 | 2 | 1 | 0 | 0 |
Analysts have recently evaluated AZEK Co and provided 12-month price targets. The average target is $56.33, accompanied by a high estimate of $60.00 and a low estimate of $50.00. Surpassing the previous average price target of $53.00, the current average has increased by 6.28%.
Deciphering Analyst Ratings: An In-Depth Analysis
The standing of AZEK Co among financial experts is revealed through an in-depth exploration 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 | Maintains | Buy | $57.00 | $57.00 |
| Timothy Wojs | Baird | Lowers | Outperform | $58.00 | $60.00 |
| Reuben Garner | Benchmark | Announces | Buy | $55.00 | - |
| Timothy Wojs | Baird | Raises | Outperform | $60.00 | $52.00 |
| Anthony Pettinari | Citigroup | Raises | Neutral | $50.00 | $46.00 |
| Matthew Bouley | Barclays | Raises | Overweight | $58.00 | $50.00 |
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 a comprehensive view, analysts assess stocks qualitatively, spanning from 'Outperform' to 'Underperform'. These ratings convey expectations for the relative performance of AZEK Co compared to the broader market.
- Price Targets: Analysts explore the dynamics of price targets, providing estimates for the future value of AZEK Co's stock. This examination reveals shifts in analysts' expectations over time.
Assessing these analyst evaluations alongside crucial financial indicators can provide a comprehensive overview of AZEK Co's market position. Stay informed and make well-judged decisions with the assistance of 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.
AZEK Co's Financial Performance
Market Capitalization Analysis: Reflecting a smaller scale, the company's market capitalization is positioned below industry averages. This could be attributed to factors such as growth expectations or operational capacity.
Revenue Growth: Over the 3 months period, AZEK Co showcased positive performance, achieving a revenue growth rate of 11.18% as of 31 December, 2023. This reflects a substantial increase in the company's top-line earnings. As compared to its peers, the company achieved a growth rate higher than the average among peers in Industrials sector.
Net Margin: AZEK Co's net margin lags behind industry averages, suggesting challenges in maintaining strong profitability. With a net margin of 10.46%, the company may face hurdles in effective cost management.
Return on Equity (ROE): AZEK Co's ROE lags behind industry averages, suggesting challenges in maximizing returns on equity capital. With an ROE of 1.82%, the company may face hurdles in achieving optimal financial performance.
Return on Assets (ROA): AZEK Co's ROA is below industry standards, pointing towards difficulties in efficiently utilizing assets. With an ROA of 1.09%, the company may encounter challenges in delivering satisfactory returns from its assets.
Debt Management: The company maintains a balanced debt approach with a debt-to-equity ratio below industry norms, standing at 0.44.
The Core of Analyst Ratings: What Every Investor Should Know
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.
Beyond their standard evaluations, some analysts contribute predictions for metrics like growth estimates, earnings, and revenue, furnishing investors with additional guidance. Users of analyst ratings should be mindful that this specialized advice is shaped by human perspectives and may be subject to variability.
This article was generated by Benzinga's automated content engine and reviewed by an editor.