Avoid the stress of overpaying for a stock or missing an opportunity by using the right tools and insights to evaluate Azek Company Inc before investing.

In this article, we go over a few key elements for understanding Azek Company Inc’s stock price such as:

• Azek Company Inc’s current stock price and volume
• Why Azek Company Inc’s stock price changed recently
• Upgrades and downgrades for AZEK from analysts
• AZEK’s stock price momentum as measured by its relative strength

About Azek Company Inc (AZEK)

Before we jump into Azek Company Inc’s stock price, history, target price and what caused it to recently rise, let’s take a look at some background.

The AZEK Company Inc. is a designer and manufacturer of low-maintenance and environmentally sustainable building products for residential, commercial and industrial markets. The Company operates through two segments: Residential and Commercial. The Residential segment manufactures and distributes decking, rail, pergolas, outdoor structures, exterior trim, siding and accessories through a national network of dealers and distributors and multiple home improvement retailers providing geographic coverage. The Commercial segment manufactures, fabricates and distributes lockers and bathroom partitions. The Company’s products include decking, railing, trim, porch, molding, pergolas, outdoor furniture, bathroom and locker systems. Its residential products brands include AZEK, TimberTech, VERSATEX, ULTRALOX, StruXure and INTEX, while the commercial products brands include Scranton Products, Aria Partitions, Eclipse Partitions, Hiny Hiders partitions, Tufftec Lockers and Duralife Lockers.

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Azek Company Inc’s Stock Price as of Market Close

As of May 15, 2024, 4:00 PM, CST, Azek Company Inc’s stock price was $48.29.

Azek Company Inc is up 5.76% from its previous closing price of $45.66.

During the last market session, Azek Company Inc’s stock traded between $44.50 and $45.70. Currently, there are 147.30 million shares of Azek Company Inc stock available for purchase.

Azek Company Inc’s price-earnings (P/E) ratio is currently at 56.2, which is high compared to the Construction Supplies & Fixtures industry median of 20.1. The price-earnings ratio gauges market expectation of future performance by relating a stock’s current share price to its earnings per share.

Azek Company Inc Stock Price History

Azek Company Inc’s (AZEK) price is currently up 5.81% so far this month.

During the month of May, Azek Company Inc’s stock price has reached a high of $48.46 and a low of $42.50.

Over the last year, Azek Company Inc has hit prices as high as $50.78 and as low as $23.08. Year to date, Azek Company Inc’s stock is up 137.65%.

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What Caused Azek Company Inc Stock’s Price to Rise?

Stock prices are primarily based on seller supply and buyer demand. But have you ever wondered about what other factors affect a stock's price?

When an analyst changes their opinion of a stock by upgrading or downgrading their rating, it often leads to a sudden stock price adjustment. As of May 14, 2024, there was 1 analyst who downgraded Azek Company Inc’s stock and 9 analysts who upgraded over the last month.

Additionally, you'll want to evaluate Azek Company Inc’s financial health and valuation. Investors can use AAII's Value Grade, which combines six key valuation metrics like P/E and P/S ratios for a comprehensive analysis to conduct analysis on Azek Company Inc’s valuation and financial health. This approach mitigates the limitations of single-metric evaluations.

Azek Company Inc’s current valuation based on AAII’s Value Grade is a F, which means it is considered to be Ultra Expensive.

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Lastly, news and media coverage as well as recent press reports about the company or its industry may cause stock prices to fluctuate. You can check out the most recent news articles about Azek Company Inc (AZEK) by visiting AAII Stock Evaluator.

Relative Price Strength of Azek Company Inc

Relative price strength measures a stock's performance against the market, helping investors identify stocks that are outperforming benchmarks.

For AAII’s Momentum Grade, a weighted relative price strength is calculated. Follow this link to learn more about the Momentum Grade.

As of May 14, 2024, Azek Company Inc has a weighted four-quarter relative price strength of 8.34%, which translates to a Momentum Score of 83 and is considered to be Very Strong.

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Azek Company Inc Stock Price: Bottom Line

As of May 15, 2024, Azek Company Inc’s stock price is $48.29, which is up 5.76% from its previous closing price.

AAII advises against making stock decisions based solely on price or past returns. Instead, consider a variety of metrics, fundamentals, and analytics to evaluate a stock like Azek Company Inc stock prices are influenced by market supply and demand and offer just a snapshot of a company's overall health.

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