The AZEK CoAZEK
AZEK
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: Residential Segment that manufactures and distributes decking, railing, trim, moulding, pergolas and cabanas and accessories through a national network of dealers and distributors and multiple home improvement retailers; and Commercial Segment that manufactures, fabricates and distributes lockers and bathroom partitions. It generates maximum revenue from the Residential segment. The company's brand includes TimberTech; AZEK; Versatex, Ultralox, StruXure, and Intex.
Employees: 2,276
0
Funds holding %
of 6,809 funds
0
Analysts bullish %
of 10 analysts
Fund manager confidence
Based on 2024 Q3 regulatory filings by fund managers ($100M+ AUM)
5% more capital invested
Capital invested by funds: $6.28B [Q2] → $6.6B (+$317M) [Q3]
0% more funds holding in top 10
Funds holding in top 10: 1 [Q2] → 1 (+0) [Q3]
6.46% less ownership
Funds ownership: 103.92% [Q2] → 97.46% (-6.46%) [Q3]
11% less funds holding
Funds holding: 378 [Q2] → 337 (-41) [Q3]
15% less repeat investments, than reductions
Existing positions increased: 120 | Existing positions reduced: 142
38% less call options, than puts
Call options by funds: $18.4M | Put options by funds: $29.7M
49% less first-time investments, than exits
New positions opened: 43 | Existing positions closed: 84
Research analyst outlook
10 Wall Street Analysts provided 1 year price targets over the past 3 months
Low target
$47
4%
downside
Avg. target
$55
13%
upside
High target
$64
31%
upside
10 analyst ratings
7 positive
70%
3 neutral
30%
0 negative
0%
RBC Capital Mike Dahl 54% 1-year accuracy 31 / 57 met price target | 18%upside $58 | Outperform Maintained | 13 Dec 2024 |
Goldman Sachs Susan Maklari 36% 1-year accuracy 10 / 28 met price target | 20%upside $59 | Buy Maintained | 12 Dec 2024 |
Barclays Matthew Bouley 34% 1-year accuracy 21 / 61 met price target | 31%upside $64 | Overweight Maintained | 11 Dec 2024 |
JP Morgan Michael Rehaut 63% 1-year accuracy 10 / 16 met price target | 18%upside $58 | Overweight Maintained | 25 Nov 2024 |
Benchmark Reuben Garner 55% 1-year accuracy 21 / 38 met price target | 12%upside $55 | Buy Reiterated | 21 Nov 2024 |
Financial journalist opinion
Based on 6 articles about AZEK published over the past 30 days
Positive
Zacks Investment Research
5 days ago
3 Air Conditioner & Heating Stocks From a Thriving Industry
The Zacks Building Products - Air Conditioner & Heating industry stocks like FIX, AAON and AZEK are likely to benefit from pro-environmental moves and technological development.
Positive
CNBC Television
1 week ago
We can control growth, we know the market opportunity, says Azek CEO Jesse Singh
Azek President and CEO Jesse Singh joins 'Mad Money' host Jim Cramer to talk its residential consumer brands, growth in the market, green initiatives and more.
Neutral
Business Wire
1 week ago
TimberTech® Recognized as One of Fast Company's 2024 Brands That Matter
CHICAGO--(BUSINESS WIRE)--TimberTech®, a brand of The AZEK Company (NYSE: AZEK) and the leader in premium composite decking, has been named one of Fast Company's 2024 Brands That Matter in the Benchmark Brands category, which honors the brands that stood out most among applicants for their cultural relevance, business impact, and emotional resonance with consumers. This prestigious recognition celebrates TimberTech's success in marketing its innovative decking and railing products in ways that.
Positive
Seeking Alpha
2 weeks ago
AZEK Company: Positive Outlook Offset By The Lack Of A Margin Of Safety
AZEK Company's fourth quarter sales declined 10% YoY, driven by residential softness and Vycom divestiture, though adjusted margins were stable due to cost controls and productivity efforts. Repair and remodel demand benefits from millennial homeownership and aging housing stock, supporting steady long-term growth despite near-term headwinds. Outdoor living remains a key growth driver, bolstered by new product launches and industry recognition, enhancing AZEK's brand visibility.
Positive
Seeking Alpha
3 weeks ago
The AZEK Company: Growth In Residential Segment And Margin Expansion Make Stock Attractive
AZEK is expected to benefit from growth in the Residential segment, with volume leverage, enhanced recycling, and productivity initiatives driving margin expansion. AZEK's Residential segment achieved 12% Y-o-Y growth, driven by strong performance in Deck, Rail, and Accessories. The company reported a net profit margin of 10.6% and an adjusted EBITDA margin of 26.3%, driven by productivity and cost-reduction initiatives.
Neutral
Business Wire
3 weeks ago
The AZEK® Company to Present at the UBS Global Industrials and Transportation Conference
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 Peter Clifford, Senior Vice President, Chief Operations Officer and Chief Financial Officer, will present at the UBS Global Industrials and Transportation Conference on Tuesday.
Positive
Zacks Investment Research
1 month ago
AZEK's Q4 Earnings & Sales Top Estimates, Adjusted EBITDA Down Y/Y
AZEK's fourth-quarter fiscal 2024 results reflect tepid performance from both the reportable segments. However, incremental 2025 guidance boosts confidence.
Neutral
Seeking Alpha
1 month ago
The AZEK Company Inc. (AZEK) Q4 2024 Earnings Call Transcript
The AZEK Company Inc. (NYSE:AZEK ) Q4 2024 Earnings Conference Call November 19, 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 Anika Dholakia - Barclays Susan Maklari - Goldman Sachs Andrew Azzi - J.P. Morgan Tim Wojs - Baird Phil Ng - Jefferies Keith Hughes - Truist John Lovallo - UBS Mike Dahl - RBC Capital Markets Adam Baumgarten - Zelman & Associates Ketan Mamtora - BMO Capital Markets Kurt Yinger - D.A.
Positive
Zacks Investment Research
1 month ago
The AZEK Company (AZEK) Q4 Earnings: Taking a Look at Key Metrics Versus Estimates
The headline numbers for The AZEK Company (AZEK) give insight into how the company performed in the quarter ended September 2024, but it may be worthwhile to compare some of its key metrics to Wall Street estimates and the year-ago actuals.
Positive
Zacks Investment Research
1 month ago
The AZEK Company (AZEK) Tops Q4 Earnings and Revenue Estimates
The AZEK Company (AZEK) came out with quarterly earnings of $0.29 per share, beating the Zacks Consensus Estimate of $0.26 per share. This compares to earnings of $0.36 per share a year ago.
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