AZZ RSI Chart
Last 7 days
6.5%
Last 30 days
-3.0%
Last 90 days
15.8%
Trailing 12 Months
111.9%
Historical Charts for Stock Metrics
Year | Q1 | Q2 | Q3 | Q4 |
---|---|---|---|---|
2024 | 2.7B | 0 | 0 | 0 |
2023 | 1.3B | 1.5B | 1.5B | 1.5B |
2022 | 575.9M | 553.2M | 828.5M | 1.1B |
2021 | 838.9M | 855.5M | 783.5M | 692.0M |
2020 | 1.1B | 986.0M | 953.2M | 888.7M |
2019 | 927.1M | 954.0M | 967.4M | 1.0B |
2018 | 810.4M | 867.4M | 893.8M | 925.2M |
2017 | 863.5M | 818.5M | 814.0M | 794.0M |
2016 | 889.4M | 899.3M | 900.4M | 887.0M |
2015 | 816.7M | 841.0M | 847.3M | 864.0M |
2014 | 751.7M | 784.7M | 788.3M | 815.4M |
2013 | 570.6M | 626.6M | 663.0M | 711.1M |
2012 | 469.1M | 481.9M | 520.6M | 553.8M |
2011 | 380.6M | 417.5M | 432.6M | 446.2M |
2010 | 357.0M | 0 | 364.9M | 372.8M |
Stocks Marked 'Very Cheap' by Grufity's Fair Value Model Have Outperformed Russell 2000 Index
Small Caps and Mid Caps are mostly overlooked by investors as all the focus goes to Magnificent 7. These stocks that are not part of the beauty contest require a deeper look. However, all large cap stocks were once small caps. Grufity's Fair Value model opens up this unverse as it separates high-performing, rewarding stocks from low-performing risky stocks. <b>Russell 2000 stocks that were marked 'Very Cheap' by the model doubled in three years while the index was flat.</b>
Returns of $10,000 invested in:
Very Cheap Stocks: $21,859
Russell 2000 Index: $10,334
Very Expensive Stocks: $8,224
Russell 2000 stocks considered 'Very Cheap' by the model greatly outperformed Russell 2000 index and the 'Very Expensive' bucket over past three years.
Datesorted ascending | Name | Buy/Sell | $ Value | Avg. Price | # Shares | Title |
---|---|---|---|---|---|---|
Apr 28, 2024 | mackey tara d | sold (taxes) | -47,683 | 71.49 | -667 | chief legal officer |
Apr 28, 2024 | emery matthew varley | acquired | - | - | 1,309 | chief information & hr officer |
Apr 28, 2024 | russell kurt l. | acquired | - | - | 1,985 | coo - precoat metals |
Apr 28, 2024 | schlom philip a | acquired | - | - | 1,801 | svp, chief financial officer |
Apr 28, 2024 | ferguson thomas e | sold (taxes) | -218,259 | 71.49 | -3,053 | president and ceo |
Apr 28, 2024 | ferguson thomas e | acquired | - | - | 9,066 | president and ceo |
Apr 28, 2024 | stovall bryan lee | sold (taxes) | -51,830 | 71.49 | -725 | coo - metal coatings |
Which funds bought or sold AZZ recently?
View All DetailsDatesorted ascending | Fund Name | Type | % Chg | $ Change | $ Held | % Portfolio |
---|---|---|---|---|---|---|
May 06, 2024 | Advisory Services Network, LLC | sold off | -100 | -1,452 | - | -% |
May 06, 2024 | HighTower Advisors, LLC | reduced | -26.74 | -122,000 | 6,526,000 | 0.01% |
May 06, 2024 | SG Americas Securities, LLC | reduced | -21.73 | 4,000 | 106,000 | -% |
May 06, 2024 | TEXAS PERMANENT SCHOOL FUND CORP | added | 1.31 | 438,319 | 1,696,720 | 0.01% |
May 06, 2024 | LSV ASSET MANAGEMENT | unchanged | - | 720,000 | 2,895,000 | 0.01% |
May 06, 2024 | TEACHER RETIREMENT SYSTEM OF TEXAS | sold off | -100 | -549,000 | - | -% |
May 06, 2024 | NEW YORK LIFE INVESTMENT MANAGEMENT LLC | reduced | -44.38 | -126,336 | 360,110 | -% |
May 06, 2024 | Quantbot Technologies LP | sold off | -100 | -207,962 | - | -% |
May 06, 2024 | Parallel Advisors, LLC | added | 11.33 | 8,395 | 25,822 | -% |
May 06, 2024 | Empowered Funds, LLC | added | 8.05 | 2,102,400 | 6,902,780 | 0.12% |
Unveiling AZZ Inc's Major ShareHolders
Date Filed | Name of Filer | Percent of Class | No. of Shares | Form Type | |
---|---|---|---|---|---|
Peers (Alternatives to AZZ Inc)
Name | Mkt Capsorted ascending | Revenue | Price %, 1M | Returns, 1Y | P/E | P/S | Rev 1-Yr | Inc 1-Yr |
---|---|---|---|---|---|---|---|---|
LARGE-CAP | ||||||||
ADP | 100.3B | 18.9B | 27.12 | 5.3 | ||||
CTAS | 70.3B | 9.4B | 46.74 | 7.47 | ||||
CPRT | 53.8B | 4.1B | 39.65 | 13.25 | ||||
EFX | 29.3B | 5.4B | 52.46 | 5.47 | ||||
BAH | 19.6B | 10.3B | 47.98 | 1.9 | ||||
ALLE | 10.9B | 3.6B | 20.1 | 3 | ||||
MID-CAP | ||||||||
RHI | 7.3B | 6.2B | 20.81 | 1.19 | ||||
AL | 5.3B | 2.7B | 9.12 | 1.96 | ||||
SRCL | 4.4B | 2.6B | -225.16 | 1.66 | ||||
ABM | 2.8B | 8.2B | 10.88 | 0.34 | ||||
SMALL-CAP | ||||||||
AZZ | 1.9B | 2.7B | 18.84 | 0.71 | ||||
ALTG | 387.8M | 1.9B | 43.57 | 0.21 | ||||
ARC | 114.2M | 281.2M | 13.87 | 0.41 | ||||
AQMS | 54.9M | 1.1M | -2.29 | 49.78 | ||||
AWX | 8.3M | 80.5M | -4.62 | 0.1 |
AZZ Inc News
Income Statement (Quarterly) | ||||||||||||||||||||||
Description | (%) Q/Q | 2024Q1 | 2023Q4 | 2023Q3 | 2023Q2 | 2023Q1 | 2022Q4 | 2022Q3 | 2022Q2 | 2022Q1 | 2021Q4 | 2021Q3 | 2021Q2 | 2021Q1 | 2020Q4 | 2020Q3 | 2020Q2 | 2020Q1 | 2019Q4 | 2019Q3 | 2019Q2 | 2019Q1 |
Revenue | 302.9% | 1,538 | 382 | 399 | 391 | 337 | 373 | 407 | 207 | 80.00 | 135 | 131 | 230 | 196 | 227 | 203 | 213 | 245 | 291 | 236 | 289 | 203 |
Cost Of Revenue | 300.1% | 1,174 | 293 | 301 | 294 | 275 | 300 | 305 | 147 | 54.00 | 98.00 | 95.00 | 172 | -142 | 172 | 157 | 171 | 194 | 224 | 184 | 223 | 159 |
Gross Profit | 312.3% | 363 | 88.00 | 97.00 | 97.00 | 61.00 | 73.00 | 102 | 60.00 | 25.00 | 38.00 | 36.00 | 58.00 | 46.00 | 55.00 | 46.00 | 42.00 | 51.00 | 67.00 | 53.00 | 66.00 | 43.00 |
S&GA Expenses | 301.6% | 142 | 35.00 | 36.00 | 32.00 | 25.00 | 28.00 | 37.00 | 32.00 | 13.00 | 16.00 | 16.00 | 27.00 | -20.55 | 25.00 | 27.00 | 28.00 | 40.00 | 34.00 | 30.00 | 35.00 | 30.00 |
EBITDA Margin | -14.1% | 0.19* | 0.22* | 0.20* | 0.18* | 0.17* | 0.16* | 0.18* | 0.21* | 0.20* | 0.15* | 0.14* | 0.11* | - | - | - | - | - | - | - | - | - |
Interest Expenses | 314.1% | 107 | 26.00 | 28.00 | 29.00 | 27.00 | 26.00 | 28.00 | 7.00 | 1.00 | 2.00 | 2.00 | 2.00 | 2.00 | 2.00 | 2.00 | 3.00 | 3.00 | 3.00 | 4.00 | 4.00 | 3.00 |
Income Taxes | 224.6% | 28.00 | 9.00 | 6.00 | 10.00 | 4.00 | 2.00 | 11.00 | 5.00 | 5.00 | 7.00 | 4.00 | 8.00 | 0.00 | 7.00 | -0.12 | 5.00 | -0.28 | 9.00 | 2.00 | 6.00 | 1.00 |
Earnings Before Taxes | 264.7% | 130 | 36.00 | 34.00 | 38.00 | 11.00 | 21.00 | 36.00 | 20.00 | 10.00 | 20.00 | 18.00 | 30.00 | 4.00 | 26.00 | -1.91 | 10.00 | -10.92 | 31.00 | 18.00 | 27.00 | 10.00 |
EBT Margin | 10.9% | 0.09* | 0.08* | 0.07* | 0.07* | 0.07* | 0.08* | 0.10* | 0.12* | 0.14* | 0.10* | 0.10* | 0.07* | - | - | - | - | - | - | - | - | - |
Net Income | -33.6% | 18.00 | 27.00 | 28.00 | 29.00 | -61.21 | -20.54 | -57.57 | 24.00 | 22.00 | 21.00 | 19.00 | 22.00 | 16.00 | 20.00 | -1.79 | 6.00 | -10.64 | 22.00 | 16.00 | 21.00 | 9.00 |
Net Income Margin | 115.4% | 0.03* | 0.01* | -0.02* | -0.07* | -0.09* | -0.03* | 0.01* | 0.16* | 0.15* | 0.11* | 0.10* | 0.07* | - | - | - | - | - | - | - | - | - |
Free Cashflow | -8.1% | 35.00 | 38.00 | 46.00 | 30.00 | 1.00 | 10.00 | 8.00 | 15.00 | 7.00 | 10.00 | 17.00 | 4.00 | - | - | - | - | - | - | - | - | - |
Balance Sheet | ||||||||||||||||||||||
Description | (%) Q/Q | 2024Q1 | 2023Q4 | 2023Q3 | 2023Q2 | 2023Q1 | 2022Q4 | 2022Q3 | 2022Q2 | 2022Q1 | 2021Q4 | 2021Q3 | 2021Q2 | 2021Q1 | 2020Q4 | 2020Q3 | 2020Q2 | 2020Q1 | 2019Q4 | 2019Q3 | 2019Q2 | 2019Q1 |
Assets | -0.6% | 2,196 | 2,209 | 2,215 | 2,206 | 2,221 | 2,199 | 2,585 | 2,782 | 1,133 | 1,038 | 1,023 | 1,039 | 999 | 1,010 | 1,000 | 1,051 | 1,074 | 1,173 | 1,120 | 1,136 | 1,089 |
Current Assets | -6.6% | 367 | 393 | 410 | 408 | 417 | 407 | 658 | 720 | 387 | 350 | 329 | 335 | 305 | 325 | 311 | 335 | 355 | 415 | 380 | 397 | 379 |
Cash Equivalents | -42.1% | 4.00 | 8.00 | 2.00 | 4.00 | 3.00 | 3.00 | 11.00 | 98.00 | 12.00 | 1.00 | 12.00 | 12.00 | 12.00 | 19.00 | 14.00 | 26.00 | 37.00 | 14.00 | 14.00 | 14.00 | 24.00 |
Inventory | -7.2% | 118 | 127 | - | - | 144 | - | - | - | - | - | - | - | - | - | - | - | 100 | - | - | - | 125 |
Net PPE | 3.1% | 542 | 525 | 516 | 504 | 499 | 491 | 496 | 492 | 193 | 200 | 202 | 208 | 207 | 201 | 200 | 215 | 213 | 212 | 214 | 206 | 210 |
Goodwill | 0.0% | 705 | 705 | 706 | 706 | 703 | 710 | 736 | 919 | 190 | 353 | 354 | 355 | 354 | 352 | 352 | 356 | 356 | 361 | 354 | 360 | 324 |
Liabilities | -2.1% | 1,261 | 1,288 | 1,316 | 1,335 | 1,368 | 1,347 | 1,725 | 2,095 | 466 | 390 | 385 | 402 | 376 | 386 | 368 | 415 | 439 | 519 | 486 | 516 | 485 |
Current Liabilities | -2.8% | 194 | 200 | 206 | 180 | 187 | 221 | 350 | 334 | 151 | 119 | 119 | 131 | 117 | 123 | 241 | 240 | 281 | 182 | 149 | 139 | 165 |
Long Term Debt | -2.8% | 953 | 980 | 1,002 | 1,041 | 1,058 | 1,011 | 1,238 | 1,595 | 226 | 191 | 182 | 185 | 178 | 182 | 47.00 | 94.00 | 78.00 | 255 | 256 | 297 | 241 |
LT Debt, Current | - | - | - | - | - | - | 13.00 | 13.00 | 13.00 | - | - | - | - | - | - | 125 | - | 125 | - | - | - | - |
LT Debt, Non Current | -2.8% | 953 | 980 | 1,002 | 1,041 | 1,058 | 1,011 | 1,238 | 1,595 | 226 | 191 | 182 | 185 | 178 | 182 | 47.00 | 94.00 | 78.00 | 255 | 256 | 297 | 241 |
Shareholder's Equity | -23.9% | 701 | 921 | 898 | 871 | 620 | 853 | 860 | 688 | 667 | 648 | 638 | 637 | 623 | 624 | 632 | 636 | 634 | 653 | 635 | 619 | 604 |
Retained Earnings | 1.8% | 576 | 566 | 547 | 527 | 506 | 513 | 541 | 604 | 584 | 569 | 559 | 559 | 547 | 552 | 561 | 574 | 572 | 606 | 588 | 577 | 548 |
Additional Paid-In Capital | -69.0% | 103 | 334 | 331 | 327 | 93.00 | 325 | 323 | 85.00 | 86.00 | 82.00 | 80.00 | 76.00 | 76.00 | 73.00 | 72.00 | 68.00 | 67.00 | 51.00 | 50.00 | 47.00 | 59.00 |
Accumulated Depreciation | - | 339 | - | - | - | 293 | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
Shares Outstanding | 0.1% | 25.00 | 25.00 | 25.00 | 25.00 | 25.00 | 25.00 | 25.00 | 25.00 | 25.00 | 25.00 | 25.00 | 25.00 | - | - | - | - | - | - | - | - | - |
Float | - | - | - | 1,197 | - | - | - | 1,036 | - | - | - | 1,357 | - | - | - | 883 | - | - | - | 1,067 | - | - |
Cashflow (Quarterly) | ||||||||||||||||||||||
Description | (%) Q/Q | 2024Q1 | 2023Q4 | 2023Q3 | 2023Q2 | 2023Q1 | 2022Q4 | 2022Q3 | 2022Q2 | 2022Q1 | 2021Q4 | 2021Q3 | 2021Q2 | 2021Q1 | 2020Q4 | 2020Q3 | 2020Q2 | 2020Q1 | 2019Q4 | 2019Q3 | 2019Q2 | 2019Q1 |
Cashflow From Operations | 1.5% | 63,540 | 62,588 | 71,447 | 46,893 | 22,808 | 26,611 | 20,336 | 21,675 | 14,660 | 14,680 | 20,198 | 11,060 | 49,714 | 27,228 | 43,350 | -11,184 | 70,256 | 33,819 | 56,131 | -17,896 | 52,371 |
Share Based Compensation | 51.0% | 3,303 | 2,188 | 2,115 | 1,904 | 1,244 | 2,368 | 2,772 | 1,998 | 2,907 | 1,860 | 2,871 | 1,811 | 1,557 | 1,690 | 2,317 | 1,766 | 1,386 | 1,818 | 1,736 | 1,350 | 1,324 |
Cashflow From Investing | -16.8% | -28,211 | -24,147 | -25,679 | -17,027 | -21,268 | 105,467 | -8,167 | -1,304,953 | -68,737 | -5,243 | -697 | -7,466 | -4,083 | -4,456 | 316 | -10,847 | 13,535 | -26,746 | -12,619 | -43,469 | -9,743 |
Cashflow From Financing | -16.3% | -38,444 | -33,065 | -46,834 | -29,545 | 21,879 | -239,640 | -123,843 | 1,368,939 | 30,079 | -2,819 | -20,738 | -5,610 | -24,196 | -19,098 | -56,167 | 11,036 | -60,948 | -5,987 | -43,673 | 50,869 | -35,538 |
Dividend Payments | 0.0% | 7,867 | 7,864 | 7,852 | 7,835 | 10,075 | 4,246 | 4,226 | 4,192 | 4,201 | 4,163 | 4,265 | 4,245 | 4,318 | 4,432 | 4,467 | 4,425 | 4,467 | 4,461 | 4,454 | 4,440 | 4,439 |
Buy Backs | - | - | - | - | - | - | - | - | - | 1,946 | 7,636 | 14,969 | 6,264 | 17,358 | 24,574 | 6,379 | - | 5,799 | - | - | - | - |
Consolidated Statements of Operations - USD ($) shares in Thousands, $ in Thousands | 12 Months Ended | ||
---|---|---|---|
Feb. 29, 2024 | Feb. 28, 2023 | Feb. 28, 2022 | |
Income Statement [Abstract] | |||
Sales | $ 1,537,589 | $ 1,323,649 | $ 525,598 |
Costs and Expenses | |||
Cost of sales | 1,174,128 | 1,027,706 | 379,445 |
Gross margin | 363,461 | 295,943 | 146,153 |
Selling, general and administrative | 141,861 | 122,305 | 66,934 |
Operating income | 221,600 | 173,638 | 79,219 |
Interest expense | (107,065) | (88,800) | (6,363) |
Equity in earnings of unconsolidated subsidiaries | 15,407 | 2,597 | 0 |
Other income, net | 161 | 1,240 | 175 |
Income from continuing operations before income taxes | 130,103 | 88,675 | 73,031 |
Income tax expense | 28,496 | 22,336 | 23,214 |
Net income from continuing operations | 101,607 | 66,339 | 49,817 |
Income from discontinued operations, net of tax | 0 | 12,770 | 34,205 |
Loss on disposal of discontinued operations, net of tax | 0 | (132,083) | 0 |
Net income (loss) from discontinued operations | 0 | (119,313) | 34,205 |
Net income (loss) | 101,607 | (52,974) | 84,022 |
Dividends on preferred stock | (14,400) | (8,240) | 0 |
Net income (loss) available to common shareholders | $ 87,207 | $ (61,214) | $ 84,022 |
Basic earnings (loss) per share | |||
Earnings (loss) per common share from continuing operations (in dollars per share) | $ 3.48 | $ 2.34 | $ 2.00 |
Earnings (loss) per common share from discontinued operations (in dollars per share) | 0 | (4.81) | 1.38 |
Basic earnings per common share (usd per share) | 3.48 | (2.47) | 3.38 |
Diluted Earnings (Loss) Per Share [Abstract] | |||
Earnings (loss) per common share from continuing operations (in dollars per share) | 3.46 | 2.33 | 1.99 |
Earnings (loss) per common share from discontinued operations (in dollars per share) | 0 | (4.78) | 1.36 |
Diluted earnings per common share (usd per share) | $ 3.46 | $ (2.45) | $ 3.35 |
Weighted Average Number of Shares Outstanding Reconciliation [Abstract] | |||
Weighted average number common shares, basic (shares) | 25,041 | 24,828 | 24,855 |
Weighted average number common shares, diluted (shares) | 25,209 | 24,978 | 25,077 |
Cash dividends declared per common share (usd per share) | $ 0.68 | $ 0.68 | $ 0.68 |
Consolidated Balance Sheets - USD ($) $ in Thousands | Feb. 29, 2024 | Feb. 28, 2023 |
---|---|---|
Current assets: | ||
Cash and cash equivalents | $ 4,349 | $ 2,820 |
Trade accounts receivable, net of allowance for credit losses of $2,347 and $5,752 at February 29, 2024 and February 28, 2023, respectively | 142,246 | 156,443 |
Other receivables | 15,599 | 26,969 |
Inventories | 117,656 | 143,920 |
Contract assets | 79,335 | 79,273 |
Prepaid expenses and other | 7,814 | 7,991 |
Total current assets | 366,999 | 417,416 |
Property, plant and equipment, net | 541,652 | 498,503 |
Right-of-use assets | 23,739 | 26,392 |
Goodwill | 705,468 | 702,512 |
Deferred tax assets | 5,606 | 12,467 |
Intangible assets, net | 445,435 | 469,392 |
Other assets | 8,437 | 10,037 |
Total assets | 2,195,505 | 2,221,479 |
Current liabilities: | ||
Accounts payable | 88,001 | 84,256 |
Income tax payable | 172 | 272 |
Accrued salaries and wages | 30,823 | 26,262 |
Other accrued liabilities | 68,651 | 70,047 |
Lease liability, short-term | 6,659 | 6,403 |
Total current liabilities | 194,306 | 187,240 |
Long-term debt, net | 952,742 | 1,058,120 |
Lease liability, long-term | 17,827 | 20,704 |
Deferred tax liabilities | 38,567 | 40,536 |
Other long-term liabilities | 57,572 | 61,419 |
Total liabilities | 1,261,014 | 1,368,019 |
Commitments and contingencies (Note 22) | ||
Mezzanine equity: | ||
Series A Convertible Preferred Stock, $1 par, shares authorized 240; 240 shares issued and outstanding at February 29, 2024 and February 28, 2023, respectively; aggregate liquidation preference $312,520 and $326,920 at February 29, 2024 and February 28, 2023, respectively | 233,722 | 233,722 |
Shareholders' Equity: | ||
Common Stock, $1 par value; 100,000 shares authorized; 25,102 and 24,912 shares issued and outstanding at February 29, 2024 and February 28, 2023, respectively | 25,102 | 24,912 |
Capital in excess of par value | 103,330 | 93,357 |
Retained earnings | 576,231 | 506,042 |
Accumulated other comprehensive loss | (3,894) | (4,573) |
Total shareholders’ equity | 700,769 | 619,738 |
Total liabilities, mezzanine equity and shareholders' equity | 2,195,505 | 2,221,479 |
AIS Joint Venture | ||
Current assets: | ||
Investment in joint venture | $ 98,169 | $ 84,760 |