The stock of AZEK Company Inc (AZEK) has seen a 8.15% increase in the past week, with a 10.53% gain in the past month, and a 0.02% flourish in the past quarter. The volatility ratio for the week is 3.42%, and the volatility levels for the past 30 days are at 3.18% for AZEK. The simple moving average for the past 20 days is 5.25% for AZEK’s stock, with a 11.08% simple moving average for the past 200 days.
Is It Worth Investing in AZEK Company Inc (NYSE: AZEK) Right Now?
AZEK Company Inc (NYSE: AZEK) has a higher price-to-earnings ratio of 45.55x compared to its average ratio. AZEK has 36-month beta value of 1.87. Analysts have mixed views on the stock, with 10 analysts rating it as a “buy,” 7 as “overweight,” 2 as “hold,” and 0 as “sell.”
3 Tiny Stocks Primed to Explode
The world's greatest investor — Warren Buffett — has a simple formula for making big money in the markets. He buys up valuable assets when they are very cheap. For stock market investors that means buying up cheap small cap stocks like these with huge upside potential.
We've set up an alert service to help smart investors take full advantage of the small cap stocks primed for big returns.
Click here for full details and to join for free
Sponsored
The public float for AZEK is 142.60M, and currently, short sellers hold a 3.82% ratio of that float. The average trading volume of AZEK on July 31, 2024 was 2.03M shares.
AZEK) stock’s latest price update
AZEK Company Inc (NYSE: AZEK) has seen a rise in its stock price by 0.75 in relation to its previous close of 45.31. However, the company has experienced a 8.15% gain in its stock price over the last five trading sessions. zacks.com reported 2024-07-31 that The AZEK Company (AZEK) doesn’t possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.
Analysts’ Opinion of AZEK
Many brokerage firms have already submitted their reports for AZEK stocks, with BMO Capital Markets repeating the rating for AZEK by listing it as a “Market Perform.” The predicted price for AZEK in the upcoming period, according to BMO Capital Markets is $50 based on the research report published on July 23, 2024 of the current year 2024.
DA Davidson, on the other hand, stated in their research note that they expect to see AZEK reach a price target of $44, previously predicting the price at $57. The rating they have provided for AZEK stocks is “Neutral” according to the report published on July 03rd, 2024.
The Benchmark Company gave a rating of “Buy” to AZEK, setting the target price at $55 in the report published on April 19th of the current year.
AZEK Trading at 2.16% from the 50-Day Moving Average
After a stumble in the market that brought AZEK to its low price for the period of the last 52 weeks, the company was unable to rebound, for now settling with -10.10% of loss for the given period.
Volatility was left at 3.18%, however, over the last 30 days, the volatility rate increased by 3.42%, as shares surge +9.75% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading -2.02% lower at present.
During the last 5 trading sessions, AZEK rose by +8.24%, which changed the moving average for the period of 200-days by +67.79% in comparison to the 20-day moving average, which settled at $43.58. In addition, AZEK Company Inc saw 19.35% in overturn over a single year, with a tendency to cut further gains.
Insider Trading
Reports are indicating that there were more than several insider trading activities at AZEK starting from Singh Jesse G, who sale 13,000 shares at the price of $41.75 back on Jul 10 ’24. After this action, Singh Jesse G now owns 1,024,444 shares of AZEK Company Inc, valued at $542,750 using the latest closing price.
Singh Jesse G, the CEO and President of AZEK Company Inc, sale 20,000 shares at $46.72 during a trade that took place back on Jun 18 ’24, which means that Singh Jesse G is holding 1,037,444 shares at $934,400 based on the most recent closing price.
Stock Fundamentals for AZEK
Current profitability levels for the company are sitting at:
- 0.15 for the present operating margin
- 0.37 for the gross margin
The net margin for AZEK Company Inc stands at 0.11. The total capital return value is set at 0.1. Equity return is now at value 10.56, with 6.37 for asset returns.
Based on AZEK Company Inc (AZEK), the company’s capital structure generated 0.3 points at debt to capital in total, while cash flow to debt ratio is standing at 0.45. The debt to equity ratio resting at 0.43. The interest coverage ratio of the stock is 4.93.
Currently, EBITDA for the company is 131.18 million with net debt to EBITDA at 1.44. When we switch over and look at the enterprise to sales, we see a ratio of 4.96. The receivables turnover for the company is 10.68for trailing twelve months and the total asset turnover is 0.63. The liquidity ratio also appears to be rather interesting for investors as it stands at 3.40.
Conclusion
To put it simply, AZEK Company Inc (AZEK) has had a better performance in recent times. Analysts have a mixed opinion on the stock, with some rating it as a “buy” and others as a “hold”. It is worth mentioning that the stock is currently trading in close proximity to its 50-day moving average and its 52-week high.
