Reading AZZ? Track it free: the weekly brief, plus an alert if the thesis breaks. No credit card.
Track AZZ free→Reading AZZ? Track it free: the weekly brief, plus an alert if the thesis breaks. No credit card.
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NYSEIndustrialsSpecialty Business ServicesSnapshot 2026-06-15
Recent financial performance is holding in the top half of its industry — the reason to own it looks intact.
Recent financial performance is neutral, and management's recent track record has been unsteady, with frequent disruptive corporate changes. Earnings quality is mixed, and the sector backdrop is a headwind, indicating challenges in the current environment. Peer multiples imply a price roughly in line with where it trades (about fair); the read is fair. If AZZ cuts guidance on the next call, that could be a meaningful negative. This read is provisional.
Daily closes. Earnings/event dots are placed inline.
A consensus fair price across 8 valuation methods, at three horizons. Current price $151.98. Estimates are diagnostics, not price targets. Short-horizon estimates are close to coin-flips, so confidence is a method-agreement read, not a prediction.
No-growth: today's peer multiple on trailing earnings. The headline read.
Embeds projected growth. Leans optimistic by design. Upside context.
We take the 12-month fair value above and grade our own number — how the market prices this name versus what we'd justify, and where the two diverge.
At $152 AZZ trades at 25× p/e, in line with its 23× p/e peer median. Our $153 fair value reflects that, high confidence. Analysts: $137–$155. Not investment advice.
One valuation read at a 12-month horizon, plus how price compares to peers and the company's own history.
The market is pricing in roughly 0% near-term growth, in line with our forecast of about 9%. This describes what's priced in, not a forecast of the move.
No fragility gates fired.
For similar setups historically (n=20,154): about 33% saw a 20%+ drawdown, and roughly 76% of those did not recover within the year. These are historical base rates for the cohort, not a forecast of this stock.
Each factor is a parallel diagnostic with a clear read of what it shows and how names like it have historically fared. Never aggregated into a single score.
Operating income rose in 1 of the last 3 quarter-over-quarter moves. Historically, Industrials names rated neutral grew net income 57% of the time over the next year (vs 64% for the rest of the cohort, n=4882).
Over the trailing year it converted 1.66x of net income into operating cash flow. Historically, Industrials names rated neutral grew net income 57% of the time over the next year (vs 60% for the rest of the cohort, n=4440).
Most sensitive to the broad stock market.
Not enough signal to read sensitivity to the US dollar, real (inflation-adjusted) rates, long-term interest rates, Fed net liquidity.
The next print and the backdrop around it (sector regime and the AI cycle). Context for the path, not a forecast of returns.
EPS estimate $1.79 → $1.84 (+3.2% / 30d). 5 raised, 0 cut, 9 covering analysts.
0 upgrades, 0 downgrades / 30d. 60% of analysts rate Buy.
How management runs the business: capital, margins, balance sheet, and how reliably they guide and deliver.
A guidance track record builds as the company issues and delivers on guidance.
What a normal day, a bad day, and the worst of the last year would mean for a $10,000 position.
On a typical day, $10k can swing ±$134.
How much price usually moves either way.
On a bad day, this stock has moved -$285.
A rough but not unusual down day (about the 95th percentile).
In the worst 12 months, $10k could have lost $1,816.
Deepest peak-to-trough drop in the last year.
Past results, not a forecast. Not investment advice.
The most important moves since the prior daily snapshot.
No material changes since the prior snapshot.
as of 2026-06-15
Specific, dated things to watch for, each with what would confirm it and what would prove it wrong.
Why it matters: A low net leverage ratio shows the company is stable and manages its money well.
Confirms:Net leverage ratio remains below 1.5x.
Disproves:Net leverage ratio rises above 1.8x.
Recent news graded against this company's own objectives — whether it reinforces or challenges the thesis, and how confirmed it is.
No graded news catalysts for AZZ yet.
Conditional scenarios: if X happens, the view would shift in this direction. These are not predictions.
Recent SEC 8-K filings ranked by likely impact, confidence, and recency.
Entry into a Material Definitive Agreement. Seventh Amendment to Credit Agreement On May 7, 2026, AZZ Inc. (the " Company ") entered into the Seventh Amendment to its existing Credit Agreement referenced below with Wells Fargo Bank, N.A. (“ Wells Fargo ”), as Administrative Agent and Collateral Agent and the requisite lenders (the " Seventh Amendment" ). The Seventh Amendment amends the Credit Agreement dated as of May 13, 2022 by and among Wells Fargo, as Administrative Agent and Collateral…
Whether the overall read has been drifting up or down lately, and how it's changed since last week.
Not investment advice. Scores describe historical and current data; they are not forecasts of future returns. Consult a licensed advisor before making investment decisions.
Long-thesis check; widest uncertainty.
$137.00 – $155.00 (median $152.00) · 3 analysts · as of 2026-04-27
Roughly priced in line with peers.
Richer than its own typical valuation.
Trailing four: 2025-Q3, 2026-Q1, 2026-Q2, 2026-Q3
A side-by-side read on sector standing, valuation, and risk versus Industrials (broad).
| Stock | Sector standing | Valuation | Risk |
|---|---|---|---|
AZZ AZZ, Inc. | Typical Show detailsSector percentile: 69 of 100 | fair | moderate |
MTZ MasTec | Typical Show detailsSector percentile: 48 of 100 | expensive | moderate |
CW Curtiss-Wright | Typical Show detailsSector percentile: 67 of 100 | expensive | moderate |
CRS Carpenter Technology | Typical Show detailsSector percentile: 57 of 100 | expensive | moderate |
ATI ATI Inc. | Above typical Show detailsSector percentile: 85 of 100 | expensive | elevated |
7 material management or governance events in the past 24 months, led by capital-allocation actions. Historically, Industrials names rated volatile grew net income 59% of the time over the next year (vs 59% for the rest of the cohort, n=840).
Not investment advice. As of 2026-06-15.
via XLI
Tailwind = sector leading the S&P 500; headwind = trailing. Both can be constructive. Historically, headwind regimes have averaged stronger forward returns than tailwind.
Context label only: describes the market state (e.g. real bear vs narrative panic, healthy uptrend vs late-stage froth). It is not a per-ticker buy/sell signal and does not predict factor performance.
Not investment advice. As of 2026-06-15.
Priorities management has stated in recent disclosures, with status and evidence drawn from earnings calls, filings, and press releases.
Focus on disciplined execution of organic growth strategies while capitalizing on U.S. infrastructure investment.
Maintain net leverage within the target range of 1.0x to 2.0x through debt reduction and cash flow management.
Focus on increasing sales and EBITDA margin in the Metal Coatings segment through volume growth and operational efficiencies.
Focus on sustaining robust cash flow from operations to support financial stability.
Improve operating income through strategic initiatives and cost management.
Why it matters: Strong growth in Metal Coatings sales shows the company is doing well with its growth plans.
Confirms:Metal Coatings sales growth exceeds 10% year over year.
Disproves:Metal Coatings sales growth falls below 5% year over year.
Why it matters: Strong cash flow shows the company can fund growth and give money back to shareholders.
Confirms:Cash flow from operations exceeds $500 million.
Disproves:Cash flow from operations falls below $400 million.
Creation of a Direct Financial Obligation or an Obligation under an Off-Balance Sheet Arrangement of a Registrant. The information set forth in
Results of Operations and Financial Condition. On April 22, 2026 , AZZ Inc. ("AZZ") issued a press release reporting AZZ’s fourth quarter financial results for the period ended February 28, 2026. A copy of this press release is attached hereto as Exhibit 99.1 and incorporated herein by reference. The information in this Item 2.02 (including Exhibit 99.1) is being furnished and shall not be deemed to be filed for purposes of Section 18 of the Securities Exchange Act of 1934, as amended, or sub…
Other Events. On April 9, 2026, AZZ Inc. issued a press release announcing that its Board of Directors has declared and authorized a fiscal year 2026 fourth quarter cash dividend of $0.20 per share on the Company's outstanding shares of common stock. The dividend is payable on May 14, 2026, to shareholders of record as of the close of business on April 23, 2026.
Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers. Retirement of Director In accordance with AZZ Inc.’s (the “Company”) Corporate Governance Guidelines and mandatory retirement age, Mr. Daniel Feehan notified the Company on February 28, 2026, of his decision to retire from the Company’s Board of Directors (the “Board”) at the end of his current term and not stand for re-election. Mr. Feehan will re…