AZEK Company Inc [NYSE: AZEK] loss -0.56% or -0.26 points to close at $46.40 with a heavy trading volume of 3637894 shares.
The daily chart for AZEK points out that the company has recorded 1.84% gains over the past six months.
If we look at the average trading volume of 3.47M shares, AZEK reached to a volume of 3637894 in the most recent trading day, which is why market watchdogs consider the stock to be active.
Here is what top equities market gurus are saying 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 $55.42 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 2.44. 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.
Citigroup have made an estimate for AZEK Company Inc shares, keeping their opinion on the stock as Buy, with their previous recommendation back on January 06, 2025. The new note on the price target was released on October 04, 2024, representing the official price target for AZEK Company Inc stock. Previously, the target price had yet another drop from $53 to $50, while BMO Capital Markets kept a Market Perform rating on AZEK stock. On July 03, 2024, analysts decreased their price target for AZEK shares from 57 to 44.
The Average True Range (ATR) for AZEK Company Inc is set at 1.91, with the Price to Sales ratio for AZEK stock in the period of the last 12 months amounting to 4.49. The Price to Book ratio for the last quarter was 4.80, with the Price to Cash per share for the same quarter was set at 1.03. Price to Free Cash Flow for AZEK in the course of the last twelve months was 38.52 with Quick ratio for the last quarter at 1.19.
Trading performance analysis for AZEK stock
AZEK Company Inc [AZEK] fell into the red zone at the end of the last week, falling into a negative trend and dropping by -2.13. With this latest performance, AZEK shares gained by 13.61% in over the last four-week period, additionally plugging by 1.84% over the last 6 months – not to mention a rise of 0.30% 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 50.07, with the RSI for the last a single of trading hit 49.35, and the three-weeks RSI is set at 49.85 for AZEK Company Inc [AZEK]. The present Moving Average for the last 50 days of trading for this stock 46.38, while it was recorded at 46.80 for the last single week of trading, and 46.02 for the last 200 days.
AZEK Company Inc [AZEK]: A deeper dive into fundamental analysis
AZEK Company Inc’s liquidity data is similarly interesting compelling, with a Quick Ratio of 1.19 and a Current Ratio set at 2.56.
AZEK Company Inc [AZEK]: An earnings per share (EPS) analysis
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 16.09%.
An analysis of Institutional ownership at AZEK Company Inc [AZEK]
There are presently around $103.66%, or 105.48%% 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 5.9404%.
