AZEK Company Inc [NYSE: AZEK] closed the trading session at $44.92.
The stocks have a year to date performance of 17.44 percent and weekly performance of -1.71 percent. The stock has been moved at 61.29 percent over the last six months. The stock has performed -9.85 percent around the most recent 30 days and changed -0.95 percent over the most recent 3-months.
If compared to the average trading volume of 1.47M shares, AZEK reached to a volume of 4774582 in the most recent trading day, which is why market watchdogs consider the stock to be active.
Here’s what leading stock market gurus have to say about AZEK Company Inc [AZEK]:
Based on careful and fact-backed analyses by Wall Street experts, the current consensus on the target price for AZEK shares is $52.77 per share. Analysis on target price and performance of stocks is usually carefully studied by market experts, and the current Wall Street consensus on AZEK stock is a recommendation set at 1.40. This rating represents a strong Buy recommendation, on the scale from 1 to 5, where 5 would mean strong sell, 4 represents Sell, 3 is Hold, and 2 indicates Buy.
The Benchmark Company have made an estimate for AZEK Company Inc shares, keeping their opinion on the stock as Buy, with their previous recommendation back on April 19, 2024. While these analysts kept the previous recommendation, Wolfe Research raised their target price to Outperform. The new note on the price target was released on December 12, 2023, representing the official price target for AZEK Company Inc stock. Previously, the target price had yet another drop from $38 to $37, while Deutsche Bank kept a Hold rating on AZEK stock. On April 24, 2023, analysts increased their price target for AZEK shares from 27 to 33.
The Average True Range (ATR) for AZEK Company Inc is set at 1.32, with the Price to Sales ratio for AZEK stock in the period of the last 12 months amounting to 4.70. The Price to Book ratio for the last quarter was 4.82, with the Price to Cash per share for the same quarter was set at 1.88. Price to Free Cash Flow for AZEK in the course of the last twelve months was 24.82 with Quick ratio for the last quarter at 1.67.
AZEK stock trade performance evaluation
AZEK Company Inc [AZEK] fell into the red zone at the end of the last week, falling into a negative trend and dropping by -1.71. With this latest performance, AZEK shares dropped by -9.85% in over the last four-week period, additionally plugging by 61.29% over the last 6 months – not to mention a rise of 72.90% in the past year of trading.
Overbought and oversold stocks can be easily traced with the Relative Strength Index (RSI), where an RSI result of over 70 would be overbought, and any rate below 30 would indicate oversold conditions. An RSI rate of 50 would represent a neutral market momentum. The current RSI for AZEK stock in for the last two-week period is set at 39.99, with the RSI for the last a single of trading hit 37.28, and the three-weeks RSI is set at 43.10 for AZEK Company Inc [AZEK]. The present Moving Average for the last 50 days of trading for this stock 47.73, while it was recorded at 46.10 for the last single week of trading, and 37.32 for the last 200 days.
AZEK Company Inc [AZEK]: An insightful look at the core fundamentals
AZEK Company Inc’s liquidity data is similarly interesting compelling, with a Quick Ratio of 1.67 and a Current Ratio set at 2.99.
Earnings per share (EPS) analysis for AZEK Company Inc [AZEK] stock
The progress of the company may be observed through the prism of EPS growth rate, while Wall Street analysts are focusing on predicting the 5-year EPS growth rate for AZEK. When it comes to the mentioned value, analysts are expecting to see the 5-year EPS growth rate for AZEK Company Inc go to 11.10%.
AZEK Company Inc [AZEK]: Institutional Ownership
The top three institutional holders of AZEK stocks are: VANGUARD GROUP INC with ownership of 1.32 billion shares, which is approximately 8.4983%. BLACKROCK INC., holding 1.04 billion shares of the stock with an approximate value of $200.69 billion in AZEK stocks shares; and BERKSHIRE HATHAWAY INC, currently with $174.35 billion in AZEK stock with ownership which is approximately 5.8386%.
