$0.61 EPS Expected for AZZ Inc (AZZ)

June 20, 2017 - By Marguerite Chambers

 $0.61 EPS Expected for AZZ Inc (AZZ)
Investors sentiment increased to 1.05 in Q4 2016. Its up 0.02, from 1.03 in 2016Q3. It improved, as 23 investors sold AZZ Inc shares while 55 reduced holdings. 22 funds opened positions while 60 raised stakes. 22.43 million shares or 0.04% less from 22.44 million shares in 2016Q3 were reported.
Deutsche Fincl Bank Ag invested 0.01% in AZZ Inc (NYSE:AZZ). Pinebridge Invests Limited Partnership reported 0.01% of its portfolio in AZZ Inc (NYSE:AZZ). Barclays Public Limited Com reported 0% in AZZ Inc (NYSE:AZZ). Aqr Capital Management Ltd Limited Liability Company reported 0% of its portfolio in AZZ Inc (NYSE:AZZ). M&T Fincl Bank accumulated 3,997 shares. South Dakota Inv Council holds 0.01% or 9,700 shares in its portfolio. Aristotle Capital Boston Ltd Liability Co owns 63,108 shares or 0.55% of their US portfolio. Nationwide Fund Advisors invested in 27,862 shares. Dubuque National Bank & Trust Trust, Iowa-based fund reported 5,945 shares. Credit Suisse Ag holds 31,439 shares or 0% of its portfolio. Sheets Smith Wealth Mngmt has invested 0.09% in AZZ Inc (NYSE:AZZ). Hightower Limited Liability Corp invested in 20,281 shares or 0.01% of the stock. Parkside Financial Bank And Tru reported 16 shares. Sg Americas Secs reported 1,901 shares. Moreover, Hancock Company has 0.37% invested in AZZ Inc (NYSE:AZZ) for 156,715 shares.

Since May 1, 2017, it had 0 buys, and 3 sales for $391,552 activity. DOWNEY H KIRK also sold $8,097 worth of AZZ Inc (NYSE:AZZ) on Monday, May 1. Another trade for 2,500 shares valued at $148,150 was sold by Pendley Timothy E.

Analysts await AZZ Inc (NYSE:AZZ) to report earnings on July, 4. They expect $0.61 earnings per share, down 24.69 % or $0.20 from last year’s $0.81 per share. AZZ’s profit will be $15.75 million for 23.34 P/E if the $0.61 EPS becomes a reality. After $0.44 actual earnings per share reported by AZZ Inc for the previous quarter, Wall Street now forecasts 38.64 % EPS growth. The stock increased 1.06% or $0.6 during the last trading session, reaching $56.95. About shares traded. AZZ Inc (NYSE:AZZ) has declined 1.54% since June 20, 2016 and is downtrending. It has underperformed by 18.24% the S&P500.

AZZ Inc (NYSE:AZZ) Ratings Coverage

Among 3 analysts covering AZZ (NYSE:AZZ), 0 have Buy rating, 0 Sell and 3 Hold. Therefore 0 are positive. AZZ had 6 analyst reports since September 1, 2015 according to SRatingsIntel. The firm has “Hold” rating given on Monday, March 28 by Stifel Nicolaus. The stock of AZZ Inc (NYSE:AZZ) has “Neutral” rating given on Monday, October 12 by Sidoti. BB&T Capital downgraded the stock to “Hold” rating in Monday, January 11 report. The firm has “Sell” rating given on Thursday, December 8 by Stifel Nicolaus. On Tuesday, January 10 the stock rating was upgraded by Stifel Nicolaus to “Hold”. The stock has “Buy” rating by Zacks on Tuesday, September 1.

AZZ Inc. is a provider of galvanizing services, welding solutions, specialty electrical equipment and engineered services to the power generation, transmission, distribution, refining and industrial markets. The company has market cap of $1.47 billion. The Firm operates through two divisions: Energy segment and Galvanizing segment. It has a 24.39 P/E ratio. The Company’s Energy segment provides services and products designed to support industrial, nuclear and electrical applications.

More important recent AZZ Inc (NYSE:AZZ) news were published by: Prnewswire.com which released: “AZZ Inc. Issues Fiscal Year 2018 Guidance for Revenue and Earnings” on February 07, 2017, also Fool.com published article titled: “Why AZZ Inc. Missed Guidance”, Prnewswire.com published: “AZZ Galvanizing Wins Five Industry Awards Including “Lifetime Achievement” at …” on May 02, 2017. More interesting news about AZZ Inc (NYSE:AZZ) was released by: Prnewswire.com and their article: “AZZ Inc. Announces New Powder Coating Facility in Texas” with publication date: May 31, 2017.

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