AZEK (AZEK) Set to Announce Quarterly Earnings on Tuesday

AZEK (NYSE:AZEK) is set to post its quarterly earnings results after the market closes on Tuesday, November 19th. Analysts expect AZEK to post earnings of $0.23 per share for the quarter. Parties that are interested in participating in the company’s conference call can do so using this link.

AZEK Price Performance

NYSE AZEK opened at $45.67 on Friday. The company has a debt-to-equity ratio of 0.41, a quick ratio of 2.11 and a current ratio of 3.07. AZEK has a 52-week low of $30.36 and a 52-week high of $50.78. The business has a 50 day simple moving average of $44.80 and a 200 day simple moving average of $44.21. The stock has a market cap of $6.61 billion, a price-to-earnings ratio of 40.42, a PEG ratio of 1.22 and a beta of 1.88.

Analyst Ratings Changes

Several equities research analysts recently commented on AZEK shares. UBS Group cut their price objective on shares of AZEK from $47.00 to $43.00 and set a “neutral” rating on the stock in a research report on Thursday, August 8th. Loop Capital lowered AZEK from a “buy” rating to a “hold” rating and set a $47.00 price target on the stock. in a report on Friday, October 4th. BMO Capital Markets increased their price objective on AZEK from $46.00 to $49.00 and gave the stock a “market perform” rating in a report on Tuesday, October 22nd. Benchmark restated a “buy” rating and issued a $55.00 target price on shares of AZEK in a research note on Friday, August 9th. Finally, JPMorgan Chase & Co. decreased their price target on shares of AZEK from $52.00 to $48.00 and set an “overweight” rating for the company in a research note on Tuesday, August 13th. Six analysts have rated the stock with a hold rating and eleven have given a buy rating to the company. According to data from MarketBeat.com, AZEK presently has a consensus rating of “Moderate Buy” and an average target price of $48.12.

AZEK Company Profile

The AZEK Company Inc engages in the design, manufacturing, and selling of building products for residential, commercial, and industrial markets in the United States and Canada. It operates through two segments: Residential and Commercial. The Residential segment designs and manufactures engineered outdoor living products, such as decking, railing, trim and molding, siding and cladding, pergolas and cabanas, and accessories under the TimberTech, AZEK Exteriors, VERSATEX, ULTRALOX, StruXure, and INTEX brands.