DA Davidson Issues Pessimistic Forecast for AZEK Earnings

The AZEK Company Inc. (NYSE:AZEK) – Investment analysts at DA Davidson reduced their Q2 2025 earnings estimates for shares of AZEK in a note issued to investors on Wednesday, April 9th. DA Davidson analyst K. Yinger now expects that the company will post earnings per share of $0.40 for the quarter, down from their previous forecast of $0.41. The consensus estimate for AZEK’s current full-year earnings is $1.34 per share.

Other equities analysts have also recently issued reports about the stock. BMO Capital Markets raised their target price on shares of AZEK from $54.00 to $57.00 and gave the company a “market perform” rating in a research note on Monday, March 24th. William Blair reaffirmed a “market perform” rating on shares of AZEK in a report on Monday, March 24th. Royal Bank of Canada boosted their target price on AZEK from $50.00 to $58.00 and gave the stock an “outperform” rating in a research report on Friday, December 13th. Stephens cut AZEK from an “overweight” rating to a “mixed” rating in a report on Monday, March 24th. Finally, Baird R W cut AZEK from a “strong-buy” rating to a “hold” rating in a report on Monday, March 24th. Nine analysts have rated the stock with a hold rating and seven have assigned a buy rating to the company’s stock. According to MarketBeat, the stock currently has an average rating of “Hold” and a consensus price target of $53.40.

AZEK Trading Up 2.4 %

Shares of AZEK opened at $47.35 on Thursday. The firm has a market cap of $6.80 billion, a P/E ratio of 47.83, a price-to-earnings-growth ratio of 1.91 and a beta of 1.86. The company has a debt-to-equity ratio of 0.31, a current ratio of 2.56 and a quick ratio of 1.19. AZEK has a 1 year low of $35.48 and a 1 year high of $54.91. The company has a 50 day simple moving average of $46.40 and a two-hundred day simple moving average of $47.54.

AZEK (NYSE:AZEK) last released its quarterly earnings data on Tuesday, February 4th. The company reported $0.17 earnings per share for the quarter, topping analysts’ consensus estimates of $0.14 by $0.03. AZEK had a return on equity of 13.47% and a net margin of 9.85%.

Insider Activity

In other news, CEO Jesse G. Singh sold 20,387 shares of the company’s stock in a transaction that occurred on Monday, February 10th. The stock was sold at an average price of $50.08, for a total transaction of $1,020,980.96. Following the transaction, the chief executive officer now owns 883,765 shares of the company’s stock, valued at approximately $44,258,951.20. This represents a 2.25 % decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which can be accessed through this link. Insiders own 3.20% of the company’s stock.

Hedge Funds Weigh In On AZEK

A number of large investors have recently bought and sold shares of AZEK. Empowered Funds LLC bought a new stake in shares of AZEK during the fourth quarter worth $27,000. FIL Ltd bought a new stake in AZEK during the 4th quarter valued at about $28,000. NBC Securities Inc. purchased a new stake in AZEK in the 1st quarter valued at about $29,000. Mitsubishi UFJ Asset Management Co. Ltd. grew its stake in AZEK by 623.2% in the 4th quarter. Mitsubishi UFJ Asset Management Co. Ltd. now owns 687 shares of the company’s stock worth $33,000 after acquiring an additional 592 shares in the last quarter. Finally, Parallel Advisors LLC increased its position in shares of AZEK by 261.4% during the first quarter. Parallel Advisors LLC now owns 683 shares of the company’s stock worth $33,000 after acquiring an additional 494 shares during the period. Hedge funds and other institutional investors own 97.44% of the company’s stock.

About AZEK

The AZEK Company Inc engages in the design, manufacturing, and selling of building products for residential, commercial, and industrial markets in the United States and Canada. It operates through two segments: Residential and Commercial. The Residential segment designs and manufactures engineered outdoor living products, such as decking, railing, trim and molding, siding and cladding, pergolas and cabanas, and accessories under the TimberTech, AZEK Exteriors, VERSATEX, ULTRALOX, StruXure, and INTEX brands.