Currently, Azenta Inc [AZTA] is trading at $50.43, up 1.88%. One of the good ways to gauge the recent performance is if the stock’s short-term value is rising or falling. The AZTA shares have gain 12.24% over the last week, with a monthly amount glided 12.95%, 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 December 18, 2024, when Stephens upgraded its rating to a Overweight and also boosted its price target to $60 from $50. Previously, Jefferies started tracking the stock with Hold rating on April 04, 2024, and set its price target to $64. On February 01, 2024, B. Riley Securities reiterated its Buy rating and revised its price target to $79 on the stock. Raymond James started tracking the stock assigning a Mkt Perform rating. KeyBanc Capital Markets downgraded its rating to a Sector Weight. Stephens downgraded its rating to Equal-Weight for this stock on February 09, 2023, and downed its price target to $60. In a note dated January 03, 2023, Evercore ISI downgraded an In-line rating on this stock and boosted its target price from $60 to $62.
This stock has fluctuated between a low of $38.82 and a high of $69.16 over the last 52 weeks. Currently, Wall Street analysts expect the stock to reach $68 within the next 12 months. Azenta Inc [NASDAQ: AZTA] shares were valued at $50.43 at the most recent close of the market. An investor can expect a potential return of 34.84% 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 -0.11%, Pretax Profit Margin comes in at -0.25%, and Net Profit Margin reading is -0.25%. To continue investigating profitability, this company’s Return on Assets is posted at -0.08, Equity is -0.08 and Total Capital is -0.04.
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 49.38 points at the first support level, and at 48.34 for the second support level. However, for the 1st resistance point, the stock is sitting at 51.36, and for the 2nd resistance point, it is at 52.30.
Ratios To Look Out For
To put it in perspective, the Current Ratio for Azenta Inc [NASDAQ:AZTA] is 4.07. Also, the Quick Ratio is 3.50, while the Cash Ratio stands at 1.52. Considering the valuation of this stock, the price to sales ratio is 3.58, the price to book ratio is 1.30.
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.
