AZEK Company Inc (AZEK) Stock Up 2.36%: Latest Performance Analysis

At the time of writing, AZEK Company Inc [AZEK] stock is trading at $45.56, up 2.36%. It is a good measure of the stock’s recent performance to check whether the stock’s short-term value is rising or falling. The AZEK shares have gain 4.66% over the last week, with a monthly amount glided 3.59%, and seem to be holding up well over a long-time horizon.

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From an analyst’s perspective:

AZEK Company Inc [NYSE: AZEK] stock has seen the most recent analyst activity on October 04, 2024, when Loop Capital downgraded its rating to a Hold but kept the price target unchanged to $47 for it. Previously, BMO Capital Markets downgraded its rating to Market Perform on July 23, 2024, and dropped its price target to $50. On July 03, 2024, downgrade downgraded it’s rating to Neutral and revised its price target to $44 on the stock. The Benchmark Company started tracking the stock assigning a Buy rating and suggested a price target of $55 on April 19, 2024. Wolfe Research initiated its recommendation with a Outperform and recommended $43 as its price target on December 12, 2023. Deutsche Bank downgraded its rating to Hold for this stock on December 08, 2023, and downed its price target to $37. In a note dated April 24, 2023, Loop Capital upgraded an Buy rating on this stock and boosted its target price from $27 to $33.

For the past year, the stock price of AZEK Company Inc fluctuated between $25.03 and $50.78. Currently, Wall Street analysts expect the stock to reach $39.29 within the next 12 months. AZEK Company Inc [NYSE: AZEK] shares were valued at $45.56 at the most recent close of the market. An investor can expect a potential drop of -13.76% based on the average AZEK price forecast.

Analyzing the AZEK fundamentals

According to AZEK Company Inc [NYSE:AZEK], the company’s sales were 1.48B for trailing twelve months, which represents an 12.08% jump. Gross Profit Margin for this corporation currently stands at 0.38% with Operating Profit Margin at 0.15%, Pretax Profit Margin comes in at 0.16%, and Net Profit Margin reading is 0.11%. To continue investigating profitability, this company’s Return on Assets is posted at 0.07, Equity is 0.12 and Total Capital is 0.11. Upon thorough examination of the company’s fundamental financial framework, it becomes apparent that the debt-to-equity ratio stands at 0.42.

Before buying any particular stock, readers tend to pay close attention to the indicators that support and create resistance. The company’s stock is currently sitting at 44.68 points at the first support level, and at 43.81 for the second support level. However, for the 1st resistance point, the stock is sitting at 46.07, and for the 2nd resistance point, it is at 46.59.

Ratios To Look Out For

It is important to note that AZEK Company Inc [NYSE:AZEK] has a current ratio of 3.07. Further, the Quick Ratio stands at 2.11, while the Cash Ratio is 1.62. Considering the valuation of this stock, the price to sales ratio is 4.45, the price to book ratio is 4.73 and price to earnings (TTM) ratio is 41.00.

Transactions by insiders

Recent insider trading involved Skelly Jonathan, Pres. Res. & Comm., that happened on Aug 16 ’24 when 19022.0 shares were sold. CEO and President, Singh Jesse G completed a deal on Aug 15 ’24 to sell 20000.0 shares. Meanwhile, Director Edwards Pamela J bought 600.0 shares on Aug 15 ’24.

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