Bullish indicating open at $55-$60, IPO prices at $37
AZZ Inc (NYSE:AZZ). has reached a significant milestone as its stock hit an all-time high of $113.65, with the $3.4 billion market cap company trading at an attractive P/E ratio of 12.9. This achievement underscores the company’s strong performance over the past year, during which its stock has experienced a remarkable 42% increase. According to InvestingPro analysis, while the stock appears slightly undervalued, technical indicators suggest it’s currently in overbought territory. The surge in AZZ’s stock price reflects investor confidence and positive market sentiment surrounding the company’s operations and growth prospects. As AZZ continues to navigate the market, reaching this all-time high marks a noteworthy point in its trajectory, highlighted by an "GREAT" overall financial health score. Discover 13 additional key insights about AZZ and access comprehensive research reports through InvestingPro, your source for in-depth market intelligence.
In other recent news, AZZ Incorporated reported its first-quarter earnings for fiscal year 2026, showcasing a notable earnings per share (EPS) performance. The company posted an EPS of $1.78, exceeding analysts’ expectations of $1.56, which represents a 14.1% surprise. However, AZZ’s revenue fell short of predictions, coming in at $422 million compared to the anticipated $433.45 million, marking a 2.64% miss. Following these results, Noble Capital raised its price target for AZZ to $125 from $112, maintaining an Outperform rating on the stock. This adjustment was influenced by AZZ’s adjusted net income increase of 22.8% compared to the same period last year. These developments highlight the company’s recent financial performance and the subsequent analyst response.
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