A major move is in the offing as Azenta Inc (AZTA) market cap hits 1.22 billion

On Tuesday, Azenta Inc (NASDAQ: AZTA) opened lower -1.52% from the last session, before settling in for the closing price of $27.02. Price fluctuations for AZTA have ranged from $24.06 to $63.58 over the past 52 weeks.

Over the past five-year period, the growth rate of yearbook sales for the company of the Healthcare sector was 1.70%. Company’s average yearly earnings per share was noted 18.47% at the time writing. With a float of $44.88 million, this company’s outstanding shares have now reached $45.69 million.

Considering the fact that the conglomerate employs 3300 people, you should pay attention to its efficiency factor. In terms of profitability, gross margin is 40.63%, operating margin of -8.82%, and the pretax margin is -24.21%.

Azenta Inc (AZTA) Insider Activity

A key investor’s attitude towards the stock of the Medical Instruments & Supplies industry is another important factor to consider. The insider ownership of Azenta Inc is 1.77%, while institutional ownership is 113.18%. The most recent insider transaction that took place on Feb 03 ’25, was worth 16,791. In this transaction VP, Chief Accounting Officer of this company sold 317 shares at a rate of $52.97, taking the stock ownership to the 9,603 shares. Before that another transaction happened on Jan 31 ’25, when Company’s SVP and General Manager, Genom bought 417 for $45.88, making the entire transaction worth $19,132. This insider now owns 27,916 shares in total.

Azenta Inc (AZTA) Earnings and Forecasts

Wall Street market experts anticipate that the next fiscal year will bring earnings of 0.15 per share during the current fiscal year.

According to the Wall Street analysts, stocks earnings will be around 18.47% per share during the next fiscal year.

Azenta Inc (NASDAQ: AZTA) Trading Performance Indicators

Check out the current performance indicators for Azenta Inc (AZTA). In the past quarter, the stock posted a quick ratio of 3.78. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 1.87. Likewise, its price to free cash flow for the trailing twelve months is 59.52.

For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is -2.99, a number that is poised to hit 0.07 in the next quarter and is forecasted to reach 0.82 in one year’s time.

Technical Analysis of Azenta Inc (AZTA)

Compared to the last year’s volume of 0.67 million, its volume of 0.69 million showed improvement in the last five days. As of the previous 9 days, the stock’s Stochastic %D was 73.14%. Additionally, its Average True Range was 1.89.

During the past 100 days, Azenta Inc’s (AZTA) raw stochastic average was set at 8.07%, which indicates a significant decrease from 43.51% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 77.40% in the past 14 days, which was higher than the 55.53% volatility it showed in the past 100 days.

At the time of writing, stock’s 50-day Moving Average is $35.36, while its 200-day Moving Average is $45.73. Nevertheless, the first resistance level for the watch stands at $26.99 in the near term. At $27.38, the stock is likely to face the second major resistance level. The third major resistance level sits at $27.83. If the price goes on to break the first support level at $26.16, it is likely to go to the next support level at $25.72. Should the price break the second support level, the third support level stands at $25.33.

Azenta Inc (NASDAQ: AZTA) Key Stats

There are currently 45,696K shares outstanding in the company with a market cap of 1.22 billion. Presently, the company’s annual sales total 656,320 K according to its annual income of -164,170 K. Last quarter, the company’s sales amounted to 147,510 K and its income totaled -13,340 K.