Azenta Inc [AZTA] stock prices are up 2.87% to $46.89 at the moment. 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 5.61% over the last week, with a monthly amount drifted -13.42%, and not seem to be holding up well over a long-time horizon.
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.
The stock price of Azenta Inc [AZTA] has been fluctuating between $38.82 and $67.77 over the past year. Currently, Wall Street analysts expect the stock to reach $68 within the next 12 months. Azenta Inc [NASDAQ: AZTA] shares were valued at $46.89 at the most recent close of the market. An investor can expect a potential return of 45.02% based on the average AZTA price forecast.
Analyzing the AZTA fundamentals
The Azenta Inc [NASDAQ:AZTA] reported sales of 649.51M for trailing twelve months, representing a drop of -4.41%. Gross Profit Margin for this corporation currently stands at 0.41% with Operating Profit Margin at -0.09%, Pretax Profit Margin comes in at -0.24%, 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 -0.03. Upon thorough examination of the company’s fundamental financial framework, it becomes apparent that the debt-to-equity ratio stands at 0.03.
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 45.47 points at the first support level, and at 44.05 for the second support level. However, for the 1st resistance point, the stock is sitting at 47.70, and for the 2nd resistance point, it is at 48.51.
Ratios To Look Out For
It’s worth pointing out that Azenta Inc [NASDAQ:AZTA]’s Current Ratio is 4.18. Further, the Quick Ratio stands at 3.78, while the Cash Ratio is 1.86. Considering the valuation of this stock, the price to sales ratio is 3.30, the price to book ratio is 1.25.
Transactions by insiders
Recent insider trading involved Hughes Violetta, VP, Chief Accounting Officer, that happened on Feb 03 ’25 when 317.0 shares were sold. SVP and General Manager, Genom, Zhou Ginger completed a deal on Jan 31 ’25 to buy 417.0 shares. Meanwhile, SVP and CHRO Pirogova Olga sold 548.0 shares on Nov 19 ’24.
