20-Year Pro Trader Reveals His "MoneyLine"
Ditch your indicators and use the "MoneyLine". A simple line tells you when to buy and sell without the guesswork. It’s a line on a chart that’s helped Nic Chahine win 83% of his options buys. Here's how he does it.
Analysts' ratings for AZEK Co (NYSE:AZEK) over the last quarter vary from bullish to bearish, as provided by 8 analysts.
The table below provides a snapshot of their recent ratings, showcasing how sentiments have evolved over the past 30 days and comparing them to the preceding months.
| Bullish | Somewhat Bullish | Indifferent | Somewhat Bearish | Bearish | |
|---|---|---|---|---|---|
| Total Ratings | 4 | 4 | 0 | 0 | 0 |
| Last 30D | 0 | 1 | 0 | 0 | 0 |
| 1M Ago | 1 | 0 | 0 | 0 | 0 |
| 2M Ago | 3 | 3 | 0 | 0 | 0 |
| 3M Ago | 0 | 0 | 0 | 0 | 0 |
In the assessment of 12-month price targets, analysts unveil insights for AZEK Co, presenting an average target of $51.25, a high estimate of $58.00, and a low estimate of $46.00. This upward trend is apparent, with the current average reflecting a 19.19% increase from the previous average price target of $43.00.
Deciphering Analyst Ratings: An In-Depth Analysis
The standing of AZEK Co among financial experts becomes clear with a thorough analysis of recent analyst actions. The summary below outlines key analysts, their recent evaluations, and adjustments to ratings and price targets.
| Analyst | Analyst Firm | Action Taken | Rating | Current Price Target | Prior Price Target |
|---|---|---|---|---|---|
| Matthew Bouley | Barclays | Raises | Overweight | $58.00 | $50.00 |
| Keith Hughes | Truist Securities | Raises | Buy | $57.00 | $48.00 |
| Ketan Mamtora | BMO Capital | Raises | Outperform | $46.00 | $39.00 |
| Alex Rygiel | B. Riley Securities | Raises | Buy | $50.00 | $40.00 |
| Stanley Elliott | Stifel | Raises | Buy | $52.00 | $44.00 |
| Keith Hughes | Truist Securities | Raises | Buy | $48.00 | $40.00 |
| Mike Dahl | RBC Capital | Raises | Outperform | $49.00 | $43.00 |
| Trey Grooms | Stephens & Co. | Raises | Overweight | $50.00 | $40.00 |
Key Insights:
- Action Taken: Analysts frequently update their recommendations based on evolving market conditions and company performance. Whether they 'Maintain', 'Raise' or 'Lower' their stance, it reflects their reaction to recent developments related to AZEK Co. This information provides a snapshot of how analysts perceive the current state of the company.
- Rating: Delving into assessments, analysts assign qualitative values, from 'Outperform' to 'Underperform'. These ratings communicate expectations for the relative performance of AZEK Co compared to the broader market.
- Price Targets: Analysts gauge the dynamics of price targets, providing estimates for the future value of AZEK Co's stock. This comparison reveals trends in analysts' expectations over time.
Understanding these analyst evaluations alongside key financial indicators can offer valuable insights into AZEK Co's market standing. Stay informed and make well-considered decisions with our Ratings Table.
Stay up to date on AZEK Co analyst ratings.
Unveiling the Story Behind AZEK Co
The AZEK Co Inc is a designer and manufacturer of beautiful, low maintenance and environmentally sustainable products focused on the fast-growing Outdoor Living market. Its portfolio of products includes decks, rail, trim, outdoor furniture among others. The company operates in two segments which are Residential and Commercial. It generates maximum revenue from the Residential segment. The company's brand includes TimberTech; AZEK; Versatex, Ultralox, StruXure, and Intex.
Unraveling the Financial Story of AZEK Co
Market Capitalization Analysis: Below industry benchmarks, the company's market capitalization reflects a smaller scale relative to peers. This could be attributed to factors such as growth expectations or operational capacity.
Revenue Growth: AZEK Co's revenue growth over a period of 3 months has been noteworthy. As of 31 December, 2023, the company achieved a revenue growth rate of approximately 11.18%. This indicates a substantial increase in the company's top-line earnings. As compared to its peers, the company achieved a growth rate higher than the average among peers in Industrials sector.
Net Margin: AZEK Co's net margin surpasses industry standards, highlighting the company's exceptional financial performance. With an impressive 10.7% net margin, the company effectively manages costs and achieves strong profitability.
Return on Equity (ROE): AZEK Co's ROE is below industry averages, indicating potential challenges in efficiently utilizing equity capital. With an ROE of 1.84%, the company may face hurdles in achieving optimal financial returns.
Return on Assets (ROA): AZEK Co's ROA is below industry standards, pointing towards difficulties in efficiently utilizing assets. With an ROA of 1.11%, the company may encounter challenges in delivering satisfactory returns from its assets.
Debt Management: AZEK Co's debt-to-equity ratio is below industry norms, indicating a sound financial structure with a ratio of 0.44.
Analyst Ratings: Simplified
Analyst ratings serve as essential indicators of stock performance, provided by experts in banking and financial systems. These specialists diligently analyze company financial statements, participate in conference calls, and engage with insiders to generate quarterly ratings for individual stocks.
Analysts may supplement their ratings with predictions for metrics like growth estimates, earnings, and revenue, offering investors a more comprehensive outlook. However, investors should be mindful that analysts, like any human, can have subjective perspectives influencing their forecasts.
This article was generated by Benzinga's automated content engine and reviewed by an editor.
20-Year Pro Trader Reveals His "MoneyLine"
Ditch your indicators and use the "MoneyLine". A simple line tells you when to buy and sell without the guesswork. It’s a line on a chart that’s helped Nic Chahine win 83% of his options buys. Here's how he does it.
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