Market Analysts see AZEK Company Inc [AZEK] gaining to $47. Time to buy?

EXFY

AZEK Company Inc [NYSE: AZEK] closed the trading session at $48.22.

The stocks have a year to date performance of 26.07 percent and weekly performance of 1.84 percent. The stock has been moved at 2.51 percent over the last six months. The stock has performed 13.38 percent around the most recent 30 days and changed 14.51 percent over the most recent 3-months.

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

If compared to the average trading volume of 1.46M shares, AZEK reached to a volume of 3326189 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 $52.64 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 1.81. 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.

Loop Capital have made an estimate for AZEK Company Inc shares, keeping their opinion on the stock as Hold, with their previous recommendation back on October 04, 2024. While these analysts kept the previous recommendation, BMO Capital Markets dropped their target price from $53 to $50. The new note on the price target was released on July 23, 2024, representing the official price target for AZEK Company Inc stock. Previously, the target price had yet another drop from $57 to $44, while DA Davidson kept a Neutral rating on AZEK stock.

The Average True Range (ATR) for AZEK Company Inc is set at 1.35, with the Price to Sales ratio for AZEK stock in the period of the last 12 months amounting to 4.84. The Price to Book ratio for the last quarter was 5.08, with the Price to Cash per share for the same quarter was set at 1.13. Price to Free Cash Flow for AZEK in the course of the last twelve months was 47.36 with Quick ratio for the last quarter at 1.14.

AZEK stock trade performance evaluation

AZEK Company Inc [AZEK] gain into the green zone at the end of the last week, gaining into a positive trend and gaining by 1.84. With this latest performance, AZEK shares gained by 13.38% in over the last four-week period, additionally plugging by 2.51% over the last 6 months – not to mention a rise of 54.40% 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 65.05, with the RSI for the last a single of trading hit 68.69, and the three-weeks RSI is set at 62.09 for AZEK Company Inc [AZEK]. The present Moving Average for the last 50 days of trading for this stock 45.13, while it was recorded at 46.68 for the last single week of trading, and 45.18 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 1.14 and a Current Ratio set at 2.17.

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 30.86%.

AZEK Company Inc [AZEK]: Institutional Ownership

There are presently around $101.68%, or 103.44%% of AZEK stock, in the hands of institutional investors. The top three institutional holders of AZEK stocks are: VANGUARD GROUP INC with ownership of 14.31 million shares, which is approximately 9.8196%. WELLINGTON MANAGEMENT GROUP LLP, holding 10.63 million shares of the stock with an approximate value of $$447.78 million in AZEK stocks shares; and WELLINGTON MANAGEMENT GROUP LLP, currently with $$363.99 million in AZEK stock with ownership which is approximately 5.9293%.

Most Popular