What is DA Davidson’s Estimate for AZEK FY2025 Earnings?

The AZEK Company Inc. (NYSE:AZEK) – Equities researchers at DA Davidson reduced their FY2025 EPS estimates for shares of AZEK in a research report issued on Wednesday, April 9th. DA Davidson analyst K. Yinger now anticipates that the company will earn $1.31 per share for the year, down from their prior forecast of $1.34. The consensus estimate for AZEK’s current full-year earnings is $1.34 per share. DA Davidson also issued estimates for AZEK’s FY2026 earnings at $1.49 EPS.

Several other research firms have also issued reports on AZEK. Robert W. Baird reissued a “neutral” rating and issued a $53.00 price target (down previously from $58.00) on shares of AZEK in a research report on Monday, March 24th. Raymond James set a $51.50 target price on shares of AZEK in a report on Tuesday, March 25th. Barclays cut their price target on AZEK from $64.00 to $53.00 and set an “overweight” rating for the company in a report on Tuesday. Baird R W cut AZEK from a “strong-buy” rating to a “hold” rating in a research report on Monday, March 24th. Finally, Royal Bank of Canada raised their target price on AZEK from $50.00 to $58.00 and gave the stock an “outperform” rating in a research note on Friday, December 13th. Nine analysts have rated the stock with a hold rating and seven have issued a buy rating to the stock. Based on data from MarketBeat, the company has a consensus rating of “Hold” and a consensus price target of $53.40.

AZEK Trading Up 2.4 %

Shares of AZEK stock opened at $47.35 on Friday. The company has a debt-to-equity ratio of 0.31, a quick ratio of 1.19 and a current ratio of 2.56. The stock has a market capitalization of $6.80 billion, a P/E ratio of 47.83, a P/E/G ratio of 1.91 and a beta of 1.86. AZEK has a 52-week low of $35.48 and a 52-week high of $54.91. The stock’s 50-day simple moving average is $46.40 and its 200 day simple moving average is $47.54.

AZEK (NYSE:AZEK) last issued its quarterly earnings results on Tuesday, February 4th. The company reported $0.17 EPS for the quarter, beating analysts’ consensus estimates of $0.14 by $0.03. AZEK had a return on equity of 13.47% and a net margin of 9.85%.

Insider Activity at AZEK

In other news, CEO Jesse G. Singh sold 20,387 shares of the business’s stock in a transaction that occurred on Monday, February 10th. The shares were sold at an average price of $50.08, for a total value of $1,020,980.96. Following the completion of the sale, the chief executive officer now directly owns 883,765 shares in the company, valued at approximately $44,258,951.20. The trade was a 2.25 % decrease in their position. The sale was disclosed in a legal filing with the SEC, which can be accessed through this hyperlink. 3.20% of the stock is currently owned by insiders.

Hedge Funds Weigh In On AZEK

Several institutional investors and hedge funds have recently made changes to their positions in AZEK. GAMMA Investing LLC boosted its position in AZEK by 39.1% during the fourth quarter. GAMMA Investing LLC now owns 851 shares of the company’s stock valued at $40,000 after buying an additional 239 shares during the period. Truist Financial Corp lifted its stake in shares of AZEK by 1.6% in the 4th quarter. Truist Financial Corp now owns 16,706 shares of the company’s stock valued at $793,000 after acquiring an additional 255 shares during the last quarter. Investment House LLC boosted its holdings in AZEK by 0.7% during the 4th quarter. Investment House LLC now owns 39,255 shares of the company’s stock valued at $1,863,000 after acquiring an additional 290 shares during the period. Federated Hermes Inc. grew its position in AZEK by 4.8% during the 4th quarter. Federated Hermes Inc. now owns 6,984 shares of the company’s stock worth $332,000 after acquiring an additional 318 shares during the last quarter. Finally, Smartleaf Asset Management LLC increased its stake in AZEK by 13.1% in the 4th quarter. Smartleaf Asset Management LLC now owns 3,040 shares of the company’s stock worth $146,000 after purchasing an additional 352 shares during the period. Institutional investors own 97.44% of the company’s stock.

AZEK Company Profile

The AZEK Company Inc engages in the design, manufacturing, and selling of building products for residential, commercial, and industrial markets in the United States and Canada. It operates through two segments: Residential and Commercial. The Residential segment designs and manufactures engineered outdoor living products, such as decking, railing, trim and molding, siding and cladding, pergolas and cabanas, and accessories under the TimberTech, AZEK Exteriors, VERSATEX, ULTRALOX, StruXure, and INTEX brands.