The AZEK CoAZEK
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
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]
Research analyst outlook
13 Wall Street Analysts provided 1 year price targets over the past 3 months
13 analyst ratings
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 |
Financial journalist opinion
Based on 4 articles about AZEK published over the past 30 days