Azenta Inc (AZTA) Shares See 12.91% Rise Over Last Week

A share price of Azenta Inc [AZTA] is currently trading at $45.58, up 0.93%. 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 AZTA shares have gain 12.91% over the last week, with a monthly amount glided 11.52%, and seem to be holding up well over a long-time horizon.

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From an analyst’s perspective:

Azenta Inc [NASDAQ: AZTA] stock has seen the most recent analyst activity on April 04, 2024, when Jefferies initiated its Hold rating and assigned the stock a price target of $64. Previously, B. Riley Securities reaffirmed its Buy rating on February 01, 2024, and elevated its price target to $79. On July 19, 2023, Raymond James initiated with a Mkt Perform rating. KeyBanc Capital Markets downgraded its rating to a Sector Weight. Stephens downgraded its rating to a Equal-Weight and reduced its price target to $60 on February 09, 2023. Evercore ISI downgraded its rating to In-line for this stock on January 03, 2023, and upped its price target to $62.

Azenta Inc experienced fluctuations in its stock price throughout the past year between $38.82 and $69.16. Currently, Wall Street analysts expect the stock to reach $68 within the next 12 months. Azenta Inc [NASDAQ: AZTA] shares were valued at $45.58 at the most recent close of the market. An investor can expect a potential return of 49.19% based on the average AZTA price forecast.

Analyzing the AZTA fundamentals

Trailing Twelve Months sales for Azenta Inc [NASDAQ:AZTA] were 656.32M which represents -1.33% decline. Gross Profit Margin for this corporation currently stands at 0.39% with Operating Profit Margin at -0.12%, Pretax Profit Margin comes in at -0.25%, and Net Profit Margin reading is -0.24%. To continue investigating profitability, this company’s Return on Assets is posted at -0.07, Equity is -0.07 and Total Capital is -0.04. An extended analysis of the company’s primary financial structure reveals a debt-to-equity ratio of0.04.

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 44.81 points at the first support level, and at 44.04 for the second support level. However, for the 1st resistance point, the stock is sitting at 46.85, and for the 2nd resistance point, it is at 48.12.

Ratios To Look Out For

To put it in perspective, the Current Ratio for Azenta Inc [NASDAQ:AZTA] is 4.07. Further, the Quick Ratio stands at 3.50, while the Cash Ratio is 1.66. Considering the valuation of this stock, the price to sales ratio is 3.37, the price to book ratio is 1.17.

Transactions by insiders

Recent insider trading involved Pirogova Olga, SVP and CHRO, that happened on Nov 19 ’24 when 548.0 shares were sold. VP, Chief Accounting Officer, Hughes Violetta completed a deal on Nov 19 ’24 to sell 163.0 shares. Meanwhile, SVP and General Manager, Genom Zhou Ginger sold 491.0 shares on Nov 19 ’24.

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