A new trading day began on Tuesday, with AZEK Company Inc (NYSE: AZEK) stock price up 0.80% from the previous day of trading, before settling in for the closing price of $41.30. AZEK’s price has ranged from $25.03 to $50.78 over the past 52 weeks.
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It was noted that within the last five years, the titan of the Industrials sector saw sales topped by 15.38%. Meanwhile, its annual earnings per share averaged 59.19%. With a float of $142.60 million, this company’s outstanding shares have now reached $147.70 million.
The extent of productivity of a business whose workforce counts for 2236 workers is very important to gauge.
AZEK Company Inc (AZEK) Insider Updates
As we move forward, let’s examine how large-scale investors are investing in this stock of the Building Products & Equipment Industry. The insider ownership of AZEK Company Inc is 2.01%, while institutional ownership is 99.42%. The most recent insider transaction that took place on Jun 18 ’24, was worth 934,400. In this transaction CEO and President of this company sold 20,000 shares at a rate of $46.72, taking the stock ownership to the 1,037,444 shares. Before that another transaction happened on Jun 18 ’24, when Company’s CEO and President sold 20,000 for $46.45, making the entire transaction worth $929,000. This insider now owns 234,793 shares in total.
AZEK Company Inc (AZEK) Performance Highlights and Predictions
In its latest quarterly report, released on 3/31/2024, the company reported earnings of 0.3 per share, which was $0.1 higher than the consensus estimate of $0.26. In terms of return on equity, this company recorded -19.55% in contrast with 50.0% return on Investment (trailing twelve months). Wall Street market experts anticipate that the next fiscal year will bring earnings of 0.33 per share during the current fiscal year.
According to the Wall Street analysts, stocks earnings will be around 59.19% per share during the next fiscal year. For the long-term projections, market analysts anticipate that the company’s EPS will surge by 11.10% during the next five years compared to 55.68% growth over the previous five years of trading.
AZEK Company Inc (NYSE: AZEK) Trading Performance Indicators
Here are AZEK Company Inc’s current performance indicators. According to the last quarter’s results, the stock had a quick ratio of 2.21. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 4.22. Likewise, its price to free cash flow for the trailing twelve months is 31.86.
For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is 1.00, a number that is poised to hit 0.36 in the next quarter and is forecasted to reach 1.38 in one year’s time.
Technical Analysis of AZEK Company Inc (AZEK)
The latest stats from [AZEK Company Inc, AZEK] show that its last 5-days average volume of 2.27 million was superior to 1.64 million than last year’s volume. As of the previous 9 days, the stock’s Stochastic %D was 10.23%. Additionally, its Average True Range was 1.56.
During the past 100 days, AZEK Company Inc’s (AZEK) raw stochastic average was set at 7.29%, which indicates a significant decrease from 9.11% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 47.13% in the past 14 days, which was higher than the 29.89% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $45.64, while its 200-day Moving Average is $39.77. Now, the first resistance to watch is $42.14. This is followed by the second major resistance level at $42.66. The third major resistance level sits at $43.25. If the price goes on to break the first support level at $41.03, it is likely to go to the next support level at $40.44. Assuming the price breaks the second support level, the third support level stands at $39.92.
AZEK Company Inc (NYSE: AZEK) Key Stats
With a market capitalization of 6.06 billion, the company has a total of 145,519K Shares Outstanding. Currently, annual sales are 1,370 M while annual income is 67,960 K. The company’s previous quarter sales were 418,410 K while its latest quarter income was 49,760 K.
