Should I buy or sell Azenta stock right now?

6 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for Azenta in the last twelve months. There are currently 4 hold ratings and 2 buy ratings for the stock. The consensus among Wall Street equities research analysts is that investors should "hold" AZTA shares. A hold rating indicates that analysts believe investors should maintain any existing positions they have in AZTA, but not buy additional shares or sell existing shares. View AZTA analyst ratings or view top-rated stocks .

What is Azenta's stock price target for 2024?

6 brokerages have issued 12 month target prices for Azenta's stock. Their AZTA share price targets range from $60.00 to $79.00. On average, they predict the company's share price to reach $69.60 in the next twelve months. This suggests a possible upside of 32.3% from the stock's current price. View analysts price targets for AZTA or view top-rated stocks among Wall Street analysts .

How have AZTA shares performed in 2024?

Azenta's stock was trading at $65.14 at the start of the year. Since then, AZTA stock has decreased by 19.2% and is now trading at $52.61. View the best growth stocks for 2024 here .

When is Azenta's next earnings date?

The company is scheduled to release its next quarterly earnings announcement on Tuesday, May 14th 2024. View our AZTA earnings forecast .

How were Azenta's earnings last quarter?

Azenta, Inc. (NASDAQ:AZTA) posted its quarterly earnings data on Wednesday, February, 7th. The company reported $0.02 earnings per share for the quarter. The firm earned $154.32 million during the quarter, compared to analyst estimates of $151.86 million. Azenta had a positive trailing twelve-month return on equity of 0.49% and a negative net margin of 2.92%.

What ETFs hold Azenta's stock?

ETFs with the largest weight of Azenta (NASDAQ:AZTA) stock in their portfolio include ROBO Global Healthcare Technology and Innovation ETF (HTEC) , ROBO Global Robotics & Automation ETF (ROBO) , Principal Healthcare Innovators ETF (BTEC) and BlackRock Future Innovators ETF (BFTR) . Syntax Stratified MidCap ETF (SMDY) .

What guidance has Azenta issued on next quarter's earnings?

Azenta updated its FY 2024 earnings guidance on Thursday, March, 28th. The company provided EPS guidance of for the period. The company issued revenue guidance of $696.0 million-$718.0 million, compared to the consensus revenue estimate of $703.6 million.

Who are Azenta's major shareholders?

Azenta's stock is owned by a number of retail and institutional investors. Top institutional shareholders include Park Avenue Securities LLC (0.02%) and Roble Belko & Company Inc (0.01%). Insiders that own company stock include David C Gray , Jesus Linda De , Kimberly Crowley , Lindon G Robertson and Matthew Mcmanus. View institutional ownership trends .

How do I buy shares of Azenta?

Shares of AZTA stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services. Compare Top Brokerages Here .

NASDAQ:AZTA

Azenta (AZTA) Stock Price, News & Analysis

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$52.37

-1.18 (-2.20%)

(As of 12:40 PM ET)

Compare

Today's Range: $51.93
▼
$53.21
50-Day Range: $53.55
▼
$67.30
52-Week Range: $36.01
▼
$69.16

Volume: 163,667 shs
Average Volume: 422,507 shs
Market Capitalization: $2.92 billion

P/E Ratio: N/A
Dividend Yield: N/A
Price Target: $69.60

Get Azenta alerts:

Azenta MarketRank™ Stock Analysis

Analyst Rating: Hold
2.33 Rating Score
Upside/Downside: 32.3% Upside
$69.60 Price Target
Short Interest: Bearish
7.61% of Float Sold Short
Dividend Strength: N/A
Sustainability: N/A
News Sentiment: 1.05
Based on 7 Articles This Week
Insider Trading: N/A
Proj. Earnings Growth: 85.19%
From $0.27 to $0.50 Per Share

Overall MarketRank^™

New Rank-Based ScoringMarketRank^™ is calculated by averaging available category scores (with extra weight given to analysis and valuation), then ranking the company's weighted average against that of other companies.

3.18 out of 5 stars

Medical Sector

338th out of 930 stocks

Special Industry Machinery, Not Elsewhere Classified Industry

6th out of 11 stocks

4.2

Analyst's Opinion

Consensus Rating
Azenta has received a consensus rating of Hold. The company's average rating score is 2.33, and is based on 2 buy ratings, 4 hold ratings, and no sell ratings.
Amount of Analyst Coverage
Azenta has been the subject of 5 research reports in the past 90 days, demonstrating strong analyst interest in this stock.

1.0

Short Interest

Percentage of Shares Shorted
7.61% of the float of Azenta has been sold short.
Short Interest Ratio / Days to Cover
Azenta has a short interest ratio ("days to cover") of 9.6.
Change versus previous month
Short interest in Azenta has recently increased by 0.48%, indicating that investor sentiment is decreasing.

0.0

Dividend Strength

Dividend Yield
Azenta does not currently pay a dividend.
Dividend Growth
Azenta does not have a long track record of dividend growth.

N/A

Sustainability and ESG

Overall ESG (Environmental, Social, and Governance) Score
There is no current Upright™ data available for AZTA.

2.8

News and Social Media Coverage

News Sentiment
Azenta has a news sentiment score of 1.05. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This is a higher news sentiment than the 0.66 average news sentiment score of Medical companies.
News Coverage This Week
MarketBeat has tracked 7 news articles for Azenta this week, compared to 4 articles on an average week.
MarketBeat Follows
Only 1 people have added Azenta to their MarketBeat watchlist in the last 30 days. This is a decrease of 0% compared to the previous 30 days.

1.7

Company Ownership

Insider Buying vs. Insider Selling
In the past three months, Azenta insiders have not sold or bought any company stock.
Percentage Held by Insiders
Only 1.77% of the stock of Azenta is held by insiders.
Percentage Held by Institutions
99.08% of the stock of Azenta is held by institutions. High institutional ownership can be a signal of strong market trust in this company.

1.9

Earnings and Valuation

Earnings Growth
Earnings for Azenta are expected to grow by 85.19% in the coming year, from $0.27 to $0.50 per share.
Price to Earnings Ratio vs. the Market
The P/E ratio of Azenta is -169.70, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.
Price to Earnings Ratio vs. Sector
The P/E ratio of Azenta is -169.70, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.
Price to Book Value per Share Ratio
Azenta has a P/B Ratio of 1.25. P/B Ratios below 3 indicates that a company is reasonably valued with respect to its assets and liabilities.

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About Azenta Stock (NASDAQ:AZTA)

Azenta, Inc. provides biological and chemical compound sample exploration and management solutions for the life sciences market in North America, Africa, China, the United Kingdom, rest of Europe, the Asia Pacific, and internationally. The company operates in two reportable segments, Life Sciences Products and Life Sciences Services. The Life Sciences Products segment offers automated cold storage solutions, consumables and instruments, controlled rate thawing devices, and temperature-controlled storage and transportation solutions. This segment also provides sample management solutions, such as consumable vials and tubes, polymerase chain reaction, plates, instruments for supporting workflows, and informatics. The Life Sciences Services segment provides genomic services, that includes gene sequencing and gene synthesis services; and sample repository solutions, such as on-site and off-site sample storage, cold chain logistics, sample transport and collection relocation, bio-processing solutions, disaster recovery and business continuity, and biospecimen procurement services, as well as project management and consulting services for genomic analysis and the management and care of biological samples used in pharmaceutical, biotech, healthcare, clinical, and academic research, and development sectors. It serves a range of life science customers, including pharmaceutical companies, biotechnology companies, biorepositories, and research institutes. The company was formerly known as Brooks Automation, Inc. and changed its name to Azenta, Inc. in December 2021. Azenta, Inc. was founded in 1978 and is headquartered in Burlington, Massachusetts.

AZTA Stock Price History

30 days | 90 days | 365 days | Advanced Chart

AZTA Stock News Headlines

April 15, 2024 | nasdaq.com

Azenta is Now Oversold (AZTA)

April 12, 2024 | americanbankingnews.com

Azenta, Inc. (NASDAQ:AZTA) Receives Consensus Recommendation of "Hold" from Analysts

April 16, 2024 | Traders Agency (Ad)

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April 10, 2024 | americanbankingnews.com

Azenta (NASDAQ:AZTA) Stock Rating Reaffirmed by Needham & Company LLC

April 1, 2024 | prnewswire.com

Azenta Publishes its 2023 Environmental, Social, & Governance (ESG) Report

April 1, 2024 | prnewswire.com

Azenta to Participate in the 23rd Annual Needham Virtual Healthcare Conference

March 28, 2024 | markets.businessinsider.com

Decoding 7 Analyst Evaluations For Azenta

March 13, 2024 | seekingalpha.com

Genscript Biotech GAAP EPS of -$0.045, revenue of $839.5M misses by $460.5M

April 16, 2024 | Traders Agency (Ad)

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March 12, 2024 | finance.yahoo.com

Azenta to Participate in the Virtual KeyBanc Life Sciences & MedTech Investor Forum

March 7, 2024 | markets.businessinsider.com

Buy Rating Affirmed: Azenta’s Strong Financial Outlook and Strategic Growth Trajectory

March 7, 2024 | markets.businessinsider.com

In-Depth Examination Of 5 Analyst Recommendations For Azenta

February 24, 2024 | msn.com

Azenta (AZTA) Price Target Increased by 9.92% to 73.44

February 23, 2024 | benzinga.com

Azenta Stock (NASDAQ:AZTA), Analyst Ratings, Price Targets, Predictions

February 23, 2024 | benzinga.com

Azenta Stock (NASDAQ:AZTA) Earnings Dates and Earning Calls

February 8, 2024 | markets.businessinsider.com

Strong Buy Rating for Azenta, Inc. Amid Growth and Strategic Initiatives

February 7, 2024 | seekingalpha.com

Azenta, Inc. 2024 Q1 - Results - Earnings Call Presentation

February 7, 2024 | benzinga.com

Azenta: Q1 Earnings Insights

February 7, 2024 | finance.yahoo.com

Azenta Reports First Quarter Results for Fiscal 2024, Ended December 31, 2023

February 7, 2024 | finance.yahoo.com

Azenta Inc (AZTA) Faces Revenue Decline and EPS Drop in Q1 Fiscal 2024

February 6, 2024 | msn.com

Inspire Medical Systems (INSP) Surpasses Q4 Earnings and Revenue Estimates

February 6, 2024 | benzinga.com

Preview: Azenta's Earnings

February 2, 2024 | finanznachrichten.de

Azenta Launches the BioArc Ultra, a Breakthrough, Automated Solution for Efficient, Eco-Friendly Ultracold Sample Management

February 2, 2024 | finance.yahoo.com

Azenta Launches the BioArc™ Ultra, a Breakthrough, Automated Solution for Efficient, Eco-Friendly Ultracold Sample Management

January 31, 2024 | sg.news.yahoo.com

Melanie Griffith and Antonio Banderas Support Dakota Johnson at “SNL” Afterparty

January 29, 2024 | bizjournals.com

Natural gas utility Spire names new chairman

January 28, 2024 | finance.yahoo.com

Investors in Azenta (NASDAQ:AZTA) have seen impressive returns of 117% over the past five years

See More Headlines

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Company Calendar

Last Earnings: 2/07/2024
Today: 4/16/2024
Next Earnings (Estimated): 5/14/2024
Fiscal Year End: 9/30/2024

Get Stock Alerts

Industry, Sector and Symbol

Stock Exchange: NASDAQ
Sector: Medical
Industry: Special industry machinery, not elsewhere classified
Sub-Industry: N/A
Current Symbol: NASDAQ:AZTA
CUSIP: N/A
CIK: 933974
Web: www.brooks.com
Phone: (978) 262-2400
Fax: 978-262-2500
Employees: 3,500
Year Founded: N/A

Price Target and Rating

Average Stock Price Target: $69.60
High Stock Price Target: $79.00
Low Stock Price Target: $60.00
Potential Upside/Downside: +32.3%
Consensus Rating: Hold
Rating Score (0-4): 2.33
Research Coverage: 6 Analysts

Profitability

EPS (Most Recent Fiscal Year): ($0.31)
Trailing P/E Ratio: N/A
Forward P/E Ratio: 194.85
P/E Growth: N/A
Net Income: $-14,260,000.00
Net Margins: -2.92%
Pretax Margin: -4.75%
Return on Equity: 0.49%
Return on Assets: 0.43%

Debt

Debt-to-Equity Ratio: N/A
Current Ratio: 5.87
Quick Ratio: 5.33

Sales & Book Value

Annual Sales: $665.07 million
Price / Sales: 4.41
Cash Flow: $1.57 per share
Price / Cash Flow: 33.53
Book Value: $42.10 per share
Price / Book: 1.25

Miscellaneous

Outstanding Shares: 55,760,000
Free Float: 54,778,000
Market Cap: $2.93 billion
Optionable: Optionable
Beta: 1.53

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Key Executives

Dr. Stephen S. Schwartz (Age 65)
CEO, President & Director
Comp: $1.05M
Mr. Robin Vacha (Age 48)
Senior Vice President of Global Operations
Comp: $533.35k
Mr. Jason W. Joseph (Age 53)
Senior VP, General Counsel & Corporate Secretary
Comp: $544.13k
Mr. Herman Cueto (Age 50)
Executive VP & CFO
Ms. Violetta Hughes (Age 52)
VP & Chief Accounting Officer
Mr. Michael Paulo
VP and Chief Information & Digital Officer
Sara Silverman
Head of Investor Relations & Corporate Communications
Mr. John E. O'Brien (Age 54)
Senior Vice President of Corporate Development
Ms. Olga Pirogova (Age 50)
Senior VP & Chief HR Officer
Mr. J. Robert Woodward
Senior Vice President of Global Quality & Regulatory

Key Competitors

View All Competitors

Insiders & Institutions

View All Insider Transactions
View All Institutional Transactions

AZTA Stock Analysis - Frequently Asked Questions

Should I buy or sell Azenta stock right now?: 6 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for Azenta in the last twelve months. There are currently 4 hold ratings and 2 buy ratings for the stock. The consensus among Wall Street equities research analysts is that investors should "hold" AZTA shares. A hold rating indicates that analysts believe investors should maintain any existing positions they have in AZTA, but not buy additional shares or sell existing shares.
View AZTA analyst ratings or view top-rated stocks.
What is Azenta's stock price target for 2024?: 6 brokerages have issued 12 month target prices for Azenta's stock. Their AZTA share price targets range from $60.00 to $79.00. On average, they predict the company's share price to reach $69.60 in the next twelve months. This suggests a possible upside of 32.3% from the stock's current price.
View analysts price targets for AZTA or view top-rated stocks among Wall Street analysts.
How have AZTA shares performed in 2024?: Azenta's stock was trading at $65.14 at the start of the year. Since then, AZTA stock has decreased by 19.2% and is now trading at $52.61.
View the best growth stocks for 2024 here.
When is Azenta's next earnings date?: The company is scheduled to release its next quarterly earnings announcement on Tuesday, May 14th 2024.
View our AZTA earnings forecast.
How were Azenta's earnings last quarter?: Azenta, Inc. (NASDAQ:AZTA) posted its quarterly earnings data on Wednesday, February, 7th. The company reported $0.02 earnings per share for the quarter. The firm earned $154.32 million during the quarter, compared to analyst estimates of $151.86 million. Azenta had a positive trailing twelve-month return on equity of 0.49% and a negative net margin of 2.92%.

What ETFs hold Azenta's stock?: ETFs with the largest weight of Azenta (NASDAQ:AZTA) stock in their portfolio include ROBO Global Healthcare Technology and Innovation ETF (HTEC), ROBO Global Robotics & Automation ETF (ROBO), Principal Healthcare Innovators ETF (BTEC) and BlackRock Future Innovators ETF (BFTR).Syntax Stratified MidCap ETF (SMDY).
What guidance has Azenta issued on next quarter's earnings?: Azenta updated its FY 2024 earnings guidance on Thursday, March, 28th. The company provided EPS guidance of for the period. The company issued revenue guidance of $696.0 million-$718.0 million, compared to the consensus revenue estimate of $703.6 million.
Who are Azenta's major shareholders?: Azenta's stock is owned by a number of retail and institutional investors. Top institutional shareholders include Park Avenue Securities LLC (0.02%) and Roble Belko & Company Inc (0.01%). Insiders that own company stock include David C Gray, Jesus Linda De, Kimberly Crowley, Lindon G Robertson and Matthew Mcmanus.
View institutional ownership trends.
How do I buy shares of Azenta?: Shares of AZTA stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.
Compare Top Brokerages Here.

This page (NASDAQ:AZTA) was last updated on 4/16/2024 by MarketBeat.com Staff

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Azenta (AZTA) Stock Price, News & Analysis

Azenta MarketRank™ Stock Analysis

Overall MarketRank™

Analyst's Opinion

Short Interest

Percentage of Shares Shorted

Short Interest Ratio / Days to Cover

Change versus previous month

Dividend Strength

Sustainability and ESG

Overall ESG (Environmental, Social, and Governance) Score

News and Social Media Coverage

News Sentiment

News Coverage This Week

MarketBeat Follows

Company Ownership

Earnings and Valuation

About Azenta Stock (NASDAQ:AZTA)

AZTA Stock Price History

AZTA Stock News Headlines

Company Calendar

Industry, Sector and Symbol

Price Target and Rating

Profitability

Debt

Sales & Book Value

Miscellaneous

Key Executives

Key Competitors

Insiders & Institutions

AZTA Stock Analysis - Frequently Asked Questions

Overall MarketRank^™