ChessGM Posted - 4 hours ago

$AZEK Heads up alert! Only one day until Upcoming earnings on Tuesday, 11/19/2024 for $AZEK Neutral (5.5) The AZEK Company (NYSE: AZEK) has recently positioned itself strategically within the outdoor living products sector, highlighted by its partnership with Capital Lumber, which aims to enhance distribution across the Western United States. This move is expected to bolster revenue streams, particularly as the company navigates potential softness in the repair and remodel market, which has been a concern among analysts. As AZEK prepares to release its fiscal fourth quarter earnings, there are mixed sentiments surrounding its performance. Recent commentary suggests that earnings may decline, compounded by regional weaknesses in exterior sales. The stock's P/E ratio currently hovers around 30, indicating a premium valuation compared to peers like Trex Company (P/E of 28) and UFP Industries (P/E of 18). However, AZEK's focus on environmentally sustainable products, coupled with recent product launches, positions it well against competitors and aligns with growing consumer trends toward sustainability. The anticipated revenue for Q4 is projected at approximately $300 million, with an EPS estimate of $0.25, reflecting a year-over-year decline. This decline is echoed by analysts who predict a challenging quarter, although the long-term growth trajectory remains intact as the company continues to innovate and expand its product offerings. In terms of upcoming earnings, AZEK is set to report its Q4 results on November 19, 2024. Analysts are bracing for a dip in earnings, with consensus estimates pointing towards a decrease in both revenue and EPS compared to the prior year. Historically, AZEK has shown resilience, maintaining a steady growth rate, but the current macroeconomic environment poses challenges. Analysts have expressed concern over the company's ability to meet or exceed expectations this quarter, given the aforementioned market pressures. The potential impact on the stock could lead to volatility in the near term, particularly if the results fall short of analyst expectations. However, if the company manages to deliver better-than-expected figures, it could reinvigorate investor confidence and support a rebound in stock performance. - Funds were net sellers of $AZEK during the previous reporting quarter. - Here are some of the funds with a sizable holdings (as of Q4 of 2024) for $AZEK: * Adage Capital P $63MM. CGMFundRank: 88%, Fund Website: www.adagecapital.com * D. E. Shaw & Co $48MM. CGMFundRank: 86% * Waratah Capital Advisors LTD $35MM. CGMFundRank: 72%, Fund Website: www.waratahadvisors.com * Summit Partners Public Asset Management LLC $23MM. CGMFundRank: 53%, Fund Website: www.summitpartners.com * Jennison Associates LLC $22MM. CGMFundRank: 84% - Last 10 days performance: -3% - Last 30 days performance: 3% - Last 90 days performance: 12% Some most recent news articles for $AZEK: The AZEK Company Announces Strategic Distribution Partnership With Capital Lumber to Service the Western United States https://finance.yahoo.com/news/azek-company-announces-strategic-distribution-130000847.html?.tsrc=rss AZEK (AZEK) Q3 Earnings Report Preview: What To Look For https://finance.yahoo.com/news/azek-azek-q3-earnings-report-070227530.html?.tsrc=rss The AZEK Company Named as Chicago Tribune Top Workplace for Fourth Consecutive Year https://finance.yahoo.com/news/azek-company-named-chicago-tribune-133500369.html?.tsrc=rss AZEK Gears Up to Report Q4 Earnings: What's in the Offing? https://finance.yahoo.com/news/azek-gears-report-q4-earnings-132700835.html?.tsrc=rss Follow ChessGM on stocktwits.com to get timely earnings alerts. Not a financial advice. Not a trading signal.

Estimize Posted - 1 week ago

Wall St is expecting 0.12 EPS for $AZEK Q1 [Reporting 02/05 AMC] http://www.estimize.com/intro/azek?chart=historical&metric_name=eps&utm_co

Leomessi2024 Posted - 10/25/24

$AZEK Out with a small profit.. Good luck to all

Leomessi2024 Posted - 10/24/24

$AZEK Don't know why i jump into this, 1K @ 42.62 .... Try to break even and get out ..

WeeklyTrader Posted - 10/23/24

What do you think about $AZEK’s outlook? RSI: 40.04% 50-day MA: $43.56 200-day MA: $44.41

Leomessi2024 Posted - 10/22/24

$AZEK Raise price target to $49 by BMO Capitol

Kelly12 Posted - 1 month ago

$AZEK after hurricane season sales should soar?!

Chickenstick1 Posted - 1 month ago

$TREX $AZEK $UFPI It's time to give the composite board industry some love.

WeeklyTrader Posted - 1 month ago

Sell-off alert for $AZEK! RSI: 56.8% 50-day MA: $43.03 200-day MA: $44.21

Kelly12 Posted - 1 month ago

$AZEK they do a lot more than decking!

Chickenstick1 Posted - 1 month ago

$AZEK $TREX Almost $50bb dollars in hurricane damage and we get a downgrade of Azek. Smart

DonCorleone77 Posted - 1 month ago

$AZEK Loop downgrades Azek to Hold on slowing decking demand Loop Capital downgraded Azek to Hold from Buy with an unchanged price target of $47. Loop's quarterly composite decking survey reported a more broad-based softening of demand across product categories in the near term, the analyst tells investors in a research note. The firm says survey respondents reported that composite decking sales increased 2%-3% year-over-year on average at the contractor level in Q3, which declined sequentially from Q2 as demand slowed in August and continued into September. The survey also showed that the slowdown in composite decking has begun to expand beyond low-end products into both mid and high-end composite decking categories, adds Loop. It downgraded Azek pending more visibility into 2025 demand after the shares rebounded post earnings.

Kelly12 Posted - 1 month ago

$AZEK with lower rates this should do well?

Stock_Titan Posted - 09/27/24

$AZEK The AZEK Company Announces ABL and Term Loan Refinancing https://www.stocktitan.net/news/AZEK/the-azek-company-announces-abl-and-term-loan-4oc2r1uy5xqe.html

PEAK_TRADING_CHAT Posted - 2 months ago

$AZEK this is starting to breakout. If we can start this week strong and FOMC reaction is positive for short term I think there's a change we get to ATH https://www.youtube.com/watch?v=Wi7iFtk_9YI&ab_channel=Noise2Signal

PEAK_TRADING_CHAT Posted - 08/27/24

Island Reversal Pattern on $AZEK picked up by Algo. I like this so long we hold above $40s. Check out my entry breakdown below 🙏 https://www.youtube.com/watch?v=Wi7iFtk_9YI

insiderbuyingselling Posted - 3 months ago

$AZEK new insider buying: 600 shares. http://insiderbuyingselling.com/?t=AZEK

Stock_Titan Posted - 3 months ago

$AZEK The AZEK Company Announces $50 Million Accelerated Share Repurchase Program https://www.stocktitan.net/news/AZEK/the-azek-company-announces-50-million-accelerated-share-repurchase-atyb47l66lxs.html

Stephan1988 Posted - 3 months ago

$AZEK the spread is insane 😅

epsguid Posted - 3 months ago

$AZEK reported earnings of $0.42, consensus was $0.34 via @eWhispers #epsbeat http://eps.sh/d/azek

RockyTSTH Posted - 3 months ago

$AZEK AZEK Co Q3 2024 Adj. EPS $0.42 Beats $0.36 Estimate, Sales $434.369M Beat $396.377M Estimate

Stock_Titan Posted - 3 months ago

$AZEK The AZEK Company Announces Third Quarter and Year-To-Date Fiscal 2024 Results; Reaffirms Second Half of Fiscal 2024 Outlook and Raises Bottom End of Full-Year Fiscal 2024 Outlook https://www.stocktitan.net/news/AZEK/the-azek-company-announces-third-quarter-and-year-to-date-fiscal-xsjk08uvgf1c.html

AivelX Posted - 3 months ago

💡 #AivelX After-Hours Earnings Insights (1/4) $ALLO - Ref.Earnings: 18 Next Day: 50% new high (max 33.3%) vs 33% new low (max -11.2%) 5 Days Later: 83% new highs, 50% new lows $APP - Ref.Earnings: 45 Next Day: 27% new high (max 23.7%) vs 64% new low (max -33.2%) 5 Days Later: 36% new highs, 84% new lows $AZEK - Ref.Earnings: 28 Next Day: 29% new high (max 8.4%) vs 79% new low (max -42.2%) 5 Days Later: 32% new highs, 86% new lows $BAK - Ref.Earnings: 84 Next Day: 36% new high (max 27.9%) vs 58% new low (max -36.5%) 5 Days Later: 48% new highs, 73% new lows $BYND - Ref.Earnings: 29 Next Day: 31% new high (max 17.2%) vs 59% new low (max -33.4%) 5 Days Later: 45% new highs, 79% new lows

Stock_Titan Posted - 3 months ago

$AZEK The AZEK Company Enters Long-term Partnership with Doman Building Materials to Expand Distribution of TimberTech® Decking in Canada https://www.stocktitan.net/news/AZEK/the-azek-company-enters-long-term-partnership-with-doman-building-0jjtoni3o1xz.html

NVDAMillionaire Posted - 07/30/24

$AZEK The AZEK Company Inc. (NYSE: AZEK): A Resilient Leader in Outdoor Living Products http://beyondspx.com/2024/07/28/the-azek-company-inc-nyse-azek-a-resilient-leader-in-outdoor-living-products/

DonCorleone77 Posted - 07/23/24

$AZEK Azek downgraded to Market Perform from Outperform at BMO Capital BMO Capital downgraded Azek to Market Perform from Outperform with a price target of $50, down from $53. Recent channel checks suggest that composite decking demand growth has eased from Q1's pace and distributors and dealers are well-stocked, the analyst tells investors in a research note. The firm says that with uncertainty around second half of 2025 demand and Azek's risk/reward more balanced at current stock price levels, it is moving to the sidelines.

theflynews Posted - 07/23/24

Azek just downgraded at BMO Capital, here's why - $AZEK - https://thefly.com/permalinks/entry.php/AZEKid3950385

Stock_Titan Posted - 4 months ago

$AZEK The AZEK® Company Inc. Announces Fiscal Third Quarter 2024 Earnings Release and Investor Conference Call on August 7, 2024 https://www.stocktitan.net/news/AZEK/the-azek-r-company-inc-announces-fiscal-third-quarter-2024-earnings-puh5ufbuuvld.html

InsiderPeek Posted - 4 months ago

$AZEK CEO Singh Jesse G sold 13k shares for $542.8k (ownership down 0.78%) insiderpeek.com/company/AZEK

insiderbuyingselling Posted - 4 months ago

$AZEK new insider selling: 13000 shares. http://insiderbuyingselling.com/?t=AZEK