The AZEK Co
AZEK

$41.10

0.41%

Market Cap: $5.93B

About: The AZEK Co Inc is a designer and manufacturer of beautiful, low maintenance and environmentally sustainable products focused on the fast-growing Outdoor Living market. Its portfolio of products includes decks, rail, trim, outdoor furniture among others. The company operates in two segments which are Residential and Commercial. It generates maximum revenue from the Residential segment. The company's brand includes TimberTech; AZEK; Versatex, Ultralox, StruXure, and Intex.

Employees: 2,236

Materials Plastics Products

0

Funds holding %

of 6,686 funds

0

Analysts bullish %

of 13 analysts

Fund manager confidence

Based on 2024 Q2 SEC filings by fund managers ($100M+ AUM)

60% more call options, than puts

Call options by funds: $29.4M | Put options by funds: $18.4M

26% more repeat investments, than reductions

Existing positions increased: 155 | Existing positions reduced: 123

16% more first-time investments, than exits

New positions opened: 64 | Existing positions closed: 55

2% more funds holding

Funds holding: 366 [Q1] → 375 (+9) [Q2]

1.87% more ownership

Funds ownership: 99.87% [Q1] → 101.74% (+1.87%) [Q2]

16% less capital invested

Capital invested by funds: $7.31B [Q1] → $6.15B (-$1.16B) [Q2]

75% less funds holding in top 10

Funds holding in top 10: 4 [Q1] → 1 (-3) [Q2]

See Fund Rankings

Research analyst outlook

13 Wall Street Analysts provided 1 year price targets over the past 3 months

Low target

$44

7%

upside

Avg. target

$50

21%

upside

High target

$57

39%

upside

13 analyst ratings

9 positive

69%

4 neutral

31%

0 negative

0%

JP Morgan Michael Rehaut 64% 1-year accuracy 9 / 14 met price target	17%upside $48	Overweight Maintained	13 Aug 2024
Benchmark Reuben Garner 51% 1-year accuracy 19 / 37 met price target	34%upside $55	Buy Reiterated	9 Aug 2024
BMO Capital Ketan Mamtora 40% 1-year accuracy 2 / 5 met price target	12%upside $46	Market Perform Maintained	9 Aug 2024
RBC Capital Mike Dahl 56% 1-year accuracy 28 / 50 met price target	12%upside $46	Outperform Maintained	8 Aug 2024
Stifel Stanley Elliott 47% 1-year accuracy 28 / 60 met price target	22%upside $50	Buy Maintained	8 Aug 2024

See Analyst Rankings

Financial journalist opinion

Based on 4 articles about AZEK published over the past 30 days

The AZEK® Company Releases 2023 FULL-CIRCLE Report Highlighting Its Sustainability Performance and Progress

CHICAGO--(BUSINESS WIRE)--The AZEK Company Inc. (NYSE: AZEK) ("AZEK" or the “Company”), the industry-leading manufacturer of beautiful, low-maintenance and environmentally sustainable outdoor living products, including TimberTech® decking and railing, Versatex® and AZEK® Trim, and StruXure® pergolas, today announced that it has published its 2023 FULL-CIRCLE Report. The report details the Company's environmental sustainability, social impact and corporate governance initiatives aligned with its.

The AZEK® Company Releases 2023 FULL-CIRCLE Report Highlighting Its Sustainability Performance and Progress

The AZEK® Company Announces Upcoming Investor Conference Schedule

CHICAGO--(BUSINESS WIRE)--The AZEK Company Inc. (NYSE: AZEK) ("AZEK" or the “Company”), the industry-leading manufacturer of beautiful, low-maintenance and environmentally sustainable outdoor living products, including TimberTech® decking and railing, Versatex® and AZEK® Trim, and StruXure® pergolas, announced today that Company management will participate in the following investor conferences: Jefferies Industrials Conference Date: Wednesday, September 4, 2024 Location: New York, NY Presentati.

The AZEK® Company Announces Upcoming Investor Conference Schedule

The AZEK Company: Remodelling Activity Gaining Momentum

AZEK has reported strong performance with substantial growth and profitability this quarter. Its expansions in Canada, new product innovations, and the stabilization of remodeling activity are expected to drive further growth in FY25 and beyond. Despite some market-driven softness in the quarter, management has reaffirmed its second half of FY24 outlook and raised its bottom-end full-year FY24 outlook.

The AZEK Company: Remodelling Activity Gaining Momentum

The AZEK Company Announces $50 Million Accelerated Share Repurchase Program

CHICAGO--(BUSINESS WIRE)--The AZEK Company Inc. (NYSE: AZEK) (“AZEK” or the “Company”), the industry-leading manufacturer of beautiful, low-maintenance and environmentally sustainable outdoor living products, including TimberTech® decking and railing, Versatex® and AZEK® Trim and StruXure® pergolas, today announced it has entered into an accelerated share repurchase agreement (“ASR”) with JPMorgan Chase Bank, National Association (“JPMorgan”) to repurchase $50 million of the Company's Class A c.

The AZEK Company Announces $50 Million Accelerated Share Repurchase Program

The AZEK Company Inc. (AZEK) Q3 2024 Earnings Call Transcript

The AZEK Company Inc. (NYSE:AZEK ) Q3 2024 Earnings Conference Call August 7, 2024 5:00 PM ET Company Participants Eric Robinson - Investor Relations Jesse Singh - Chief Executive Officer Peter Clifford - Chief Operations Officer and Chief Financial Officer Conference Call Participants Philip Ng - Jefferies Michael Rehaut - JPMorgan Tim Wojs - Baird Matthew Bouley - Barclays Mike Dahl - RBC Capital Markets Susan Maklari - Goldman Sachs Ryan Merkel - William Blair Keith Hughes - Truist John Lovallo - UBS Rafe Jadrosich - Bank of America Trey Grooms - Stephens Adam Baumgarten - Zelman & Associates Operator Ladies and gentlemen, welcome to the AZEK Company's Third Quarter Fiscal 2024 Earnings Call. At this time, all participants are in a listen-only mode.

The AZEK Company Inc. (AZEK) Q3 2024 Earnings Call Transcript

Zacks Investment Research

The AZEK Company (AZEK) Q3 Earnings: How Key Metrics Compare to Wall Street Estimates

The headline numbers for The AZEK Company (AZEK) give insight into how the company performed in the quarter ended June 2024, but it may be worthwhile to compare some of its key metrics to Wall Street estimates and the year-ago actuals.

The AZEK Company (AZEK) Q3 Earnings: How Key Metrics Compare to Wall Street Estimates

Zacks Investment Research

The AZEK Company (AZEK) Q3 Earnings and Revenues Beat Estimates

The AZEK Company (AZEK) came out with quarterly earnings of $0.42 per share, beating the Zacks Consensus Estimate of $0.36 per share. This compares to earnings of $0.30 per share a year ago.

The AZEK Company (AZEK) Q3 Earnings and Revenues Beat Estimates

The AZEK Company Announces Third Quarter and Year-To-Date Fiscal 2024 Results; Reaffirms Second Half of Fiscal 2024 Outlook and Raises Bottom End of Full-Year Fiscal 2024 Outlook

CHICAGO--(BUSINESS WIRE)--The AZEK Company Inc. (NYSE: AZEK) (“AZEK” or the “Company”), the industry-leading manufacturer of beautiful, low-maintenance and environmentally sustainable outdoor living products, including TimberTech® decking and railing, Versatex® and AZEK® Trim and StruXure® pergolas, today announced preliminary financial results for its fiscal third quarter ended June 30, 2024. CEO COMMENTS "The AZEK team delivered record financial results this quarter, as we continued to execut.

The AZEK Company Announces Third Quarter and Year-To-Date Fiscal 2024 Results; Reaffirms Second Half of Fiscal 2024 Outlook and Raises Bottom End of Full-Year Fiscal 2024 Outlook

The AZEK Company Enters Long-term Partnership with Doman Building Materials to Expand Distribution of TimberTech® Decking in Canada

CHICAGO & VANCOUVER--(BUSINESS WIRE)--The AZEK Company Inc. (NYSE: AZEK) ("AZEK"), a leading manufacturer of beautiful, low-maintenance, and environmentally sustainable outdoor living products, is pleased to announce a long-term distribution partnership with Doman Building Materials Group Ltd. (TSX: DBM) (“Doman”), a premier Canadian distributor. This strategic partnership will expand the availability of AZEK's TimberTech brand of decking products to customers across Canada. Under this agreemen.

The AZEK Company Enters Long-term Partnership with Doman Building Materials to Expand Distribution of TimberTech® Decking in Canada

Zacks Investment Research

Unlocking Q3 Potential of The AZEK Company (AZEK): Exploring Wall Street Estimates for Key Metrics

Looking beyond Wall Street's top -and-bottom-line estimate forecasts for The AZEK Company (AZEK), delve into some of its key metrics to gain a deeper insight into the company's potential performance for the quarter ended June 2024.

Unlocking Q3 Potential of The AZEK Company (AZEK): Exploring Wall Street Estimates for Key Metrics

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