AZEK Company Inc (NYSE: AZEK) is -4.61% lower on its value in year-to-date trading and has touched a low of $35.48 and a high of $54.91 in the current 52-week trading range. The question becomes, what are the chances the stock will make a comeback and enjoy potential growth. Why not look at analysts view on what the future holds for the stock. The AZEK stock was last observed hovering at around $44.79 in the last trading session, with the day’s gains setting it 0.49%.
Currently trading at $45.28, the stock is -7.35% and -7.88% below its SMA20 and SMA50 respectively. However, with a daily trading volume of 2.07 million and changing 1.09% at the moment leaves the stock -0.95% off its SMA200. AZEK registered 21.17% gain for a year compared to 6-month gain of 3.71%. The firm has a 50-day simple moving average (SMA 50) of $49.1352 and a 200-day simple moving average (SMA200) of $45.734.
The stock witnessed a -15.38% loss in the last 1 month and extending the period to 3 months gives it a 3.71%, and is -5.33% down over the last 5 days. If we measure the stock’s price variations over the week and the month, we find that the volatility rates stand at 2.79% over the week and 2.69% over the month.
AZEK Company Inc (AZEK) has around 2276 employees, a market worth around $6.50B and $1.44B in sales. Current P/E ratio is 43.54 and Fwd P/E is 27.60. Profit margin for the company is 10.64%. Distance from 52-week low is 27.62% and -17.54% from its 52-week high. The company has generated returns on investments over the last 12 months (8.10%).
The EPS is expected to grow by 16.36% this year.
AZEK Company Inc (AZEK) Top Institutional Holders
476.0 institutions hold shares in AZEK Company Inc (AZEK), with institutional investors hold 103.44% of the company’s shares. The shares outstanding are 143.01M, and float is at 140.57M with Short Float at 3.56%. Institutions hold 101.68% of the Float.
The top institutional shareholder in the company is VANGUARD GROUP INC with over 14.31 million shares valued at $602.8 million. The investor’s holdings represent 9.8196% of the AZEK Shares outstanding. As of 2024-06-30, the second largest holder is WELLINGTON MANAGEMENT GROUP LLP with 10.63 million shares valued at $447.78 million to account for 7.2943 of the shares outstanding. The other top investors are BLACKROCK INC. which holds 8.64 million shares representing 5.9293% and valued at over $363.99 million, while MASSACHUSETTS FINANCIAL SERVICES CO /MA/ holds 4.2969 of the shares totaling 6.26 million with a market value of $263.78 million.
AZEK Company Inc (AZEK) Insider Activity
The most recent transaction is an insider sale by Singh Jesse G, the company’s CEO and President. SEC filings show that Singh Jesse G sold 19,613 shares of the company’s common stock on Jan 10 ’25 at a price of $44.98 per share for a total of $0.88 million. Following the sale, the insider now owns 0.9 million shares.
Still, SEC filings show that on Dec 17 ’24, Toole Samara (Chief Marketing Officer) disposed off 1,709 shares at an average price of $53.00 for $90577.0. The insider now directly holds 16,632 shares of AZEK Company Inc (AZEK).
