AZEK (AZEK) Set to Announce Quarterly Earnings on Tuesday

AZEK (NYSE:AZEK) is scheduled to be announcing its earnings results after the market closes on Tuesday, November 19th. Analysts expect the company to announce earnings of $0.23 per share for the quarter. Individual interested in listening to the company’s earnings conference call can do so using this link.

AZEK Price Performance

AZEK stock opened at $45.67 on Monday. The company has a debt-to-equity ratio of 0.41, a current ratio of 3.07 and a quick ratio of 2.11. The stock has a market capitalization of $6.61 billion, a PE ratio of 40.42, a price-to-earnings-growth ratio of 1.18 and a beta of 1.88. The business has a 50 day simple moving average of $44.80 and a 200-day simple moving average of $44.20. AZEK has a 12 month low of $30.36 and a 12 month high of $50.78.

Analyst Ratings Changes

AZEK has been the topic of several analyst reports. UBS Group lowered their target price on shares of AZEK from $47.00 to $43.00 and set a “neutral” rating on the stock in a report on Thursday, August 8th. Truist Financial lowered their price objective on AZEK from $57.00 to $52.00 and set a “buy” rating on the stock in a report on Thursday, August 8th. Loop Capital cut AZEK from a “buy” rating to a “hold” rating and set a $47.00 price target for the company. in a report on Friday, October 4th. Royal Bank of Canada dropped their price objective on AZEK from $49.00 to $46.00 and set an “outperform” rating on the stock in a report on Thursday, August 8th. Finally, JPMorgan Chase & Co. reduced their target price on AZEK from $52.00 to $48.00 and set an “overweight” rating for the company in a report on Tuesday, August 13th. Six investment analysts have rated the stock with a hold rating and eleven have issued a buy rating to the company. According to MarketBeat, the company has an average rating of “Moderate Buy” and a consensus target price of $48.12.

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.