May. 3 at 1:40 AM
Heads up alert! Upcoming earnings on Tuesday, 5/6/2025 for
$AZEK Consensus Signal: Bullish (7.2)
The AZEK Company (NYSE: AZEK) has demonstrated resilience despite a challenging market backdrop, particularly within the building materials sector, which has seen a decline of 10.4% over the past six months.
AZEK’s stock price recently surged by approximately 23.6% following the announcement of its acquisition by James Hardie Industries for
$8.75 billion, which included a substantial premium for shareholders.
The acquisition signals strong market confidence in AZEK's innovative product offerings, particularly its environmentally sustainable outdoor living solutions, which adhere to growing consumer preferences for eco-friendly materials.
The company’s current P/E ratio stands at about 25, which, while above the industry average of 18, reflects its growth potential and market leadership in sustainable products.
Moreover, analysts project AZEK's earnings per share (EPS) to grow at a rate of 12% annually over the next five years, outpacing its peers.
Revenue forecasts suggest a compound annual growth rate (CAGR) of 10% as the company capitalizes on expanding market opportunities.
Despite recent volatility, AZEK's robust fundamentals and strategic positioning make it a compelling investment in the building materials space.
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Upcoming Earnings Report Summary:
AZEK is set to release its fiscal second quarter 2025 earnings on May 6, 2025, a date that coincides with the company’s investor conference call.
Expectations indicate that AZEK may struggle to meet earnings estimates, as highlighted by analysts who point to a lack of the ideal conditions for a likely earnings beat.
Historically, AZEK has shown a mixed performance in its earnings reports; however, the market anticipates that the recent acquisition by James Hardie will provide a significant boost.
The analyst consensus currently forecasts earnings of approximately
$0.35 per share for the upcoming report, which, if achieved, would represent a notable year-over-year improvement.
Investors should closely monitor the post-earnings conference call for insights into how the merger aligns with AZEK's strategic goals and expected synergies, as well as any forward guidance that could influence market sentiment and stock performance moving forward.
- Funds were net buyers of
$AZEK during the previous reporting quarter.
- Top 5 funds with large holdings in
$AZEK:
* Balyasny Asset Management LLC
$80MM. CGMFundRank: 92%, Fund Website: www.bamfunds.com
* Waratah Capital Advisors LTD
$30MM. CGMFundRank: 64%, Fund Website: www.waratahadvisors.com
* Summit Partners Public Asset Management LLC
$24MM. CGMFundRank: 61%, Fund Website: www.summitpartners.com
* Adage Capital P
$21MM. CGMFundRank: 73%, Fund Website: www.adagecapital.com
* Granite Investment Partners LLC
$17MM. CGMFundRank: 62%, Fund Website: www.granitepartners-llc.com
- Last 10 days performance: 6%
- Last 30 days performance: 2%
- Last 90 days performance: -2%
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