Is AZZ Inc. (NYSE:AZZ) a Long Term Growth Play?

AZZ Inc. (NYSE:AZZ) has been recommended as a long term growth pick according to Beta Research.  With their stock price currently trading around $49.84, the firm has proven a solid track record of growth over the past few years.  Investors might consider the stock as a long term growth candidate as the firm has yielded -18.60% earnings per share growth over the past 5 years and 7.30% revenue growth over that same time frame. 

Investors are often trying to figure out the best way to analyze the stock market. When it comes to stock research, investors may use fundamental analysis, technical analysis, or a combination of both. Boiling down the two techniques, studying the fundamentals puts the focus on factors that may influence specific stocks, and studying the technicals puts the focus on market behavior analysis. Investors who study the fundamentals are typically trying to understand why stocks and markets move the way they do. Technical analysts are more concerned with spotting trends and trying to measure the characteristics of those trends. Some investors may prefer one method of stock research over another, but many investors may use a combination of both methods to help make sure that all the bases are covered.

Let’s take a look at how the stock has been performing recently.  Over the past twelve months, AZZ Inc. (NYSE:AZZ)’s stock was -2.33%.  Over the last week of the month, it was -1.85%, -4.02% over the last quarter, and  12.79% for the past six months. 

Over the past 50 days, AZZ Inc.’s stock is -9.90% off of the high and 2.53% removed from the low.  Their 52-Week High and Low are as follows: -11.08% (High), 26.18%, (Low). 

Despite the past success, investors want to know where the stock is headed from here.  Analysts covering the shares have a consensus short-term price target of $55.50 on the equity.   Analysts have a consensus recommendation of 3.00 based on a 1 to 5 scale where 1 represents a Strong Buy and 5 a Strong Sell.  

Disclaimer: The views, opinions, and information expressed in this article are those of the authors and do not necessarily reflect the official policy or position of any company stakeholders, financial professionals, or analysts. Examples of analysis performed within this article are only examples. They should not be utilized to make stock portfolio or financial decisions as they are based only on limited and open source information. Assumptions made within the analysis are not reflective of the position of any analysts or financial professionals.