AZEK Company Inc (NYSE: AZEK) is -13.17% 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 $39.61 in the last trading session, with the day’s gains setting it 1.61%.
Currently trading at $41.22, the stock is -8.78% and -13.66% below its SMA20 and SMA50 respectively. However, with a daily trading volume of 1.49 million and changing 4.06% at the moment leaves the stock -10.24% off its SMA200. AZEK registered -14.57% loss for a year compared to 6-month gain of -1.43%. The firm has a 50-day simple moving average (SMA 50) of $47.7426 and a 200-day simple moving average (SMA200) of $45.92065.
The stock witnessed a -15.98% loss in the last 1 month and extending the period to 3 months gives it a -22.97%, and is -4.69% 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 3.81% over the week and 3.74% over the month.
AZEK Company Inc (AZEK) has around 2276 employees, a market worth around $5.92B and $1.49B in sales. Current P/E ratio is 41.40 and Fwd P/E is 24.53. Profit margin for the company is 9.85%. Distance from 52-week low is 16.18% and -24.93% from its 52-week high. The company has generated returns on investments over the last 12 months (7.59%).
The EPS is expected to grow by 19.25% this year.
AZEK Company Inc (AZEK) Top Institutional Holders
479.0 institutions hold shares in AZEK Company Inc (AZEK), with institutional investors hold 105.12% of the company’s shares. The shares outstanding are 143.56M, and float is at 140.81M with Short Float at 3.93%. Institutions hold 103.25% 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 4.3049 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 15,000 shares of the company’s common stock on Mar 10 ’25 at a price of $41.03 per share for a total of $0.62 million. Following the sale, the insider now owns 0.87 million shares.
Still, SEC filings show that on Feb 10 ’25, Singh Jesse G (CEO and President) disposed off 20,387 shares at an average price of $50.08 for $1.02 million. The insider now directly holds 883,765 shares of AZEK Company Inc (AZEK).
