The AZEK Company is proud to announce its latest wave of groundbreaking product advancements set to revolutionize the outdoor living and home exteriors industry in 2024. With an unwavering commitment to innovation, AZEK is introducing a diverse range of cutting-edge products that are poised to redefine the way we experience our outdoor spaces.
Among the remarkable additions to AZEK’s ever-expanding portfolio is the TimberTech Composite Terrain+ Decking. This exceptional creation combines unparalleled durability with exquisite aesthetics, offering homeowners a truly transformative decking solution. Crafted with meticulous attention to detail, the TimberTech Composite Terrain+ Decking is set to become the epitome of sophistication and functionality.
These remarkable innovations are not only set to elevate AZEK’s standing as a trailblazer in the outdoor living and home exteriors sphere but also to provide homeowners with unmatched quality and performance. With a vision of enhancing the way we live and interact with our surroundings, AZEK is determined to push the boundaries of what is possible in the industry.
As we eagerly await the arrival of 2024, these remarkable products are already making waves in select geographic markets. However, rest assured that AZEK’s groundbreaking innovations will soon be available to homeowners across the globe, enabling them to transform their outdoor spaces into veritable havens of style and comfort.
In conclusion, the AZEK Company’s commitment to pushing the boundaries of outdoor living and home exteriors is unwavering. With the introduction of their remarkable product innovations for 2024, including the TimberTech Composite Terrain+ Decking, AZEK is set to redefine the industry and provide homeowners with unparalleled options to enhance their outdoor living experiences. Get ready to embark on a journey of innovation and transformation as AZEK leads the way into a new era of outdoor excellence.
The AZEK Company Inc.
Updated on: 03/03/2024
Debt to equity ratio: Buy
Price to earnings ratio: Strong Buy
Price to book ratio: Strong Buy
We did not find social sentiment data for this stock
|Analyst / firm
AZEK Stock Analysis: Mixed Performance and Optimistic Future Outlook on November 18, 2023
AZEK stock experienced mixed performances on November 18, 2023. The stock opened at $30.84, slightly higher than the previous day’s closing price of $30.54. Throughout the day, the stock’s price fluctuated within a range of $30.67 to $31.25. The trading volume was 1,115,901 shares, which is lower than the average volume of 1,549,206 shares over the past three months.
AZEK has a market capitalization of $4.3 billion and operates in the producer manufacturing sector, specifically in the building products industry. The company’s financial performance has shown some challenges, with negative earnings growth of -19.10% in the previous year and a further decline of -36.98% in the current year. However, analysts are optimistic about the company’s future, projecting a significant earnings growth of +86.75% over the next five years.
In terms of revenue, AZEK experienced a positive growth rate of +14.98% in the previous year, indicating some success in generating sales. The company’s annual revenue for the last year was $1.4 billion, resulting in a net profit of $75.2 million. The net profit margin stands at 5.55%, suggesting that AZEK has been able to maintain a reasonable level of profitability.
The price/sales ratio is 1.89, and the price/book ratio is 2.99. However, without the P/E ratio, it is challenging to make a comprehensive assessment of AZEK’s valuation.
The company’s next reporting date is scheduled for November 29, 2023. Analysts are forecasting earnings per share (EPS) of $0.26 for the current quarter, which will provide further insights into the company’s financial health.
In conclusion, AZEK stock had a mixed performance on November 18, 2023. While the company has faced challenges in terms of earnings growth, there is optimism about its future prospects. The upcoming earnings report will provide a clearer picture of the company’s financial performance, allowing investors to make more informed decisions.
AZEK Company Incs Stock Analysis: Optimistic Future Performance and Consensus to Buy
On November 18, 2023, AZEK Company Inc’s stock performance was analyzed based on information provided by CNN Money. The stock had a last price of $31.12. According to the data, 18 analysts had a median target price of $37.00 for AZEK stock, with a high estimate of $42.00 and a low estimate of $30.00. This median estimate represented an increase of 18.89% from the last price of $31.12. The fact that the median estimate was higher than the current price suggests that analysts were optimistic about the future performance of AZEK stock. The consensus among the 18 polled investment analysts was to buy stock in AZEK Company Inc. This rating had remained steady since September, indicating a consistent positive sentiment towards the company’s stock. For the current quarter, AZEK reported earnings per share of $0.26 and sales of $338.1 million. These figures provided some indication of the company’s financial performance during that period. It is important to note that the reporting date for these financial figures was set for November 29, indicating that the data was not yet finalized at the time of the stock analysis on November 18. Overall, based on the information provided, AZEK Company Inc’s stock appeared to be performing well on November 18, 2023. Analysts were optimistic about its future performance, with a consensus to buy the stock. However, without a chart to visualize the stock’s performance, it is difficult to provide a comprehensive analysis of its movements on that specific day.