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

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

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

About AZZ Inc (AZZ)

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

AZZ Inc. is a provider of hot-dip galvanizing and coil coating solutions to a range of end-markets in North America. The Company operates through two segments: Metal Coatings, and Precoat Metals. The Metal Coatings segment is a provider of metal finishing solutions for corrosion protection, including hot-dip galvanizing, spin galvanizing, powder coating, anodizing, and plating to the North American steel fabrication and other industries. The Precoat Metals segment provides aesthetic and corrosion protective coatings and related value-added services for steel and aluminum coil, primarily serving the construction; appliance; heating, ventilation, and air conditioning (HVAC); container; transportation and other end markets in North America. The Company’s business segments provide sustainable, unmatched metal coating solutions that enhance the longevity and appearance of buildings, products and infrastructure that are essential to everyday life.

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AZZ Inc’s Stock Price as of Market Close

As of May 21, 2024, 4:00 PM, CST, AZZ Inc’s stock price was $84.13.

AZZ Inc is up 4.13% from its previous closing price of $80.79.

During the last market session, AZZ Inc’s stock traded between $77.49 and $81.29. Currently, there are 25.02 million shares of AZZ Inc stock available for purchase.

AZZ Inc’s price-earnings (P/E) ratio is currently at 26.4, which is high compared to the Metals & Mining - Iron & Steel industry median of 13.5. The price-earnings ratio gauges market expectation of future performance by relating a stock’s current share price to its earnings per share.

AZZ Inc Stock Price History

AZZ Inc’s (AZZ) price is currently up 17.45% so far this month.

During the month of May, AZZ Inc’s stock price has reached a high of $84.41 and a low of $71.40.

Over the last year, AZZ Inc has hit prices as high as $84.52 and as low as $34.59. Year to date, AZZ Inc’s stock is up 109.28%.

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What Caused AZZ 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 20, 2024, there was 1 analyst who downgraded AZZ Inc’s stock and 3 analysts who upgraded over the last month.

Additionally, you'll want to evaluate AZZ 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 AZZ Inc’s valuation and financial health. This approach mitigates the limitations of single-metric evaluations.

AZZ Inc’s current valuation based on AAII’s Value Grade is a C, which means it is considered to be Average.

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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 AZZ Inc (AZZ) by visiting AAII Stock Evaluator.

Relative Price Strength of AZZ 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 20, 2024, AZZ Inc has a weighted four-quarter relative price strength of 13.83%, which translates to a Momentum Score of 90 and is considered to be Very Strong.

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AZZ Inc Stock Price: Bottom Line

As of May 21, 2024, AZZ Inc’s stock price is $84.13, which is up 4.13% 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 AZZ Inc stock prices are influenced by market supply and demand and offer just a snapshot of a company's overall health.

Subscribing to AAII's A+ Investor provides access to comprehensive analytics and insights for confident investing.