AZEK (AZEK) Set to Announce Quarterly Earnings on Tuesday

AZEK (NYSE:AZEK) is set to announce 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 participating in the company’s earnings conference call can do so using this link.

AZEK Stock Performance

NYSE:AZEK opened at $45.67 on Monday. The stock has a market capitalization of $6.61 billion, a P/E ratio of 40.42, a PEG ratio of 1.18 and a beta of 1.88. The company has a debt-to-equity ratio of 0.41, a quick ratio of 2.11 and a current ratio of 3.07. AZEK has a fifty-two week low of $30.36 and a fifty-two week high of $50.78. The company has a 50 day moving average price of $44.80 and a 200 day moving average price of $44.20.

Analyst Ratings Changes

A number of equities research analysts have recently weighed in on AZEK shares. UBS Group dropped their price objective on AZEK from $47.00 to $43.00 and set a “neutral” rating for the company in a research note on Thursday, August 8th. Truist Financial reduced their price target on shares of AZEK from $57.00 to $52.00 and set a “buy” rating on the stock in a research report on Thursday, August 8th. Loop Capital lowered shares of AZEK from a “buy” rating to a “hold” rating and set a $47.00 price objective for the company. in a research note on Friday, October 4th. JPMorgan Chase & Co. cut their target price on shares of AZEK from $52.00 to $48.00 and set an “overweight” rating on the stock in a research note on Tuesday, August 13th. Finally, Stifel Nicolaus decreased their price target on shares of AZEK from $52.00 to $50.00 and set a “buy” rating for the company in a research report on Thursday, August 8th. Six research analysts have rated the stock with a hold rating and eleven have given a buy rating to the stock. According to data from MarketBeat, the stock presently has a consensus rating of “Moderate Buy” and a consensus price target 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.