AZZ (AZZ) closed at $136.38 in the latest trading session, marking a -1.54% move from the prior day. The stock fell short of the S&P 500, which registered a loss of 0.47% for the day. At the same time, the Dow added 0.1%, and the tech-heavy Nasdaq lost 1.25%.
The electrical equipment maker's shares have seen an increase of 0.16% over the last month, surpassing the Industrial Products sector's loss of 2.28% and falling behind the S&P 500's gain of 1.15%.
The upcoming earnings release of AZZ will be of great interest to investors. The company's earnings report is expected on October 13, 2026. The company is forecasted to report an EPS of $1.82, showcasing a 17.42% upward movement from the corresponding quarter of the prior year. Simultaneously, our latest consensus estimate expects the revenue to be $461.79 million, showing a 10.67% escalation compared to the year-ago quarter.
For the full year, the Zacks Consensus Estimates are projecting earnings of $7.06 per share and revenue of $1.82 billion, which would represent changes of +14.05% and +10.11%, respectively, from the prior year.
Investors should also note any recent changes to analyst estimates for AZZ. Recent revisions tend to reflect the latest near-term business trends. As a result, we can interpret positive estimate revisions as a good sign for the business outlook.
Based on our research, we believe these estimate revisions are directly related to near-term stock moves. To benefit from this, we have developed the Zacks Rank, a proprietary model which takes these estimate changes into account and provides an actionable rating system.
The Zacks Rank system, ranging from #1 (Strong Buy) to #5 (Strong Sell), possesses a remarkable history of outdoing, externally audited, with #1 stocks returning an average annual gain of +25% since 1988. Over the past month, the Zacks Consensus EPS estimate remained stagnant. At present, AZZ boasts a Zacks Rank of #3 (Hold).
Valuation is also important, so investors should note that AZZ has a Forward P/E ratio of 19.63 right now. This expresses a discount compared to the average Forward P/E of 24.38 of its industry.
The Manufacturing - Electronics industry is part of the Industrial Products sector. With its current Zacks Industry Rank of 79, this industry ranks in the top 33% of all industries, numbering over 250.
The Zacks Industry Rank gauges the strength of our industry groups by measuring the average Zacks Rank of the individual stocks within the groups. Our research shows that the top 50% rated industries outperform the bottom half by a factor of 2 to 1.
To follow AZZ in the coming trading sessions, be sure to utilize Zacks.com.
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AZZ Inc. (AZZ): Free Stock Analysis Report
This article originally published on Zacks Investment Research (zacks.com).