AZEK Company Inc (NYSE: AZEK) is -8.59% 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 $44.70 in the last trading session, with the day’s loss setting it -1.31%.
Currently trading at $43.39, the stock is -3.96% and -7.48% below its SMA20 and SMA50 respectively. However, with a daily trading volume of 8.76 million and changing -2.93% at the moment leaves the stock -5.45% off its SMA200. AZEK registered -12.80% loss for a year compared to 6-month loss of -0.91%. The firm has a 50-day simple moving average (SMA 50) of $46.8964 and a 200-day simple moving average (SMA200) of $45.89315.
The stock witnessed a 7.53% gain in the last 1 month and extending the period to 3 months gives it a -10.76%, and is -10.44% 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 4.67% over the week and 3.35% over the month.
AZEK Company Inc (AZEK) has around 2276 employees, a market worth around $6.23B and $1.49B in sales. Current P/E ratio is 43.58 and Fwd P/E is 25.99. Profit margin for the company is 9.85%. Distance from 52-week low is 22.29% and -20.98% from its 52-week high. The company has generated returns on investments over the last 12 months (7.59%).
with sales reaching $445.51M over the same period.The EPS is expected to grow by 18.00% this year, but quarterly earnings will post 7.51% year-over-year. Quarterly sales are estimated to grow 6.48% in year-over-year returns.
AZEK Company Inc (AZEK) Top Institutional Holders
480.0 institutions hold shares in AZEK Company Inc (AZEK), with institutional investors hold 104.83% of the company’s shares. The shares outstanding are 143.56M, and float is at 140.82M with Short Float at 4.12%. Institutions hold 102.96% 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 7.3079 of the shares outstanding. The other top investors are BLACKROCK INC. which holds 8.64 million shares representing 5.9404% 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).
