In Wednesday’s Wall Street session, AZEK Company Inc (NYSE:AZEK) shares traded at $48.83, down -0.39% from the previous session.
AZEK stock price is now 3.15% away from the 50-day moving average and 6.53% away from the 200-day moving average. The market capitalization of the company currently stands at $7.02B.
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With the price target enhanced from $51 to $60, Citigroup Upgraded its rating from Neutral to Buy for AZEK Company Inc (NYSE: AZEK). On October 04, 2024, Loop Capital Downgraded its previous ‘Buy’ rating to ‘Hold’ on the stock keeping its target price maintained at $47, while ‘BMO Capital Markets’ rates the stock as ‘Market Perform’
In other news, Singh Jesse G, CEO and President sold 15,000 shares of the company’s stock on Mar 10 ’25. The stock was sold for $615,445 at an average price of $41.03. Upon completion of the transaction, the CEO and President now directly owns 868,765 shares in the company, valued at $42.42 million. An SEC document containing details of the transaction can be found on the SEC’s website. On Mar 10 ’25, Officer Singh Jesse G bought 15,000 shares of the business’s stock. A total of $637,050 was incurred on buying the stock at an average price of $42.47. A total of 1.98% of the company’s stock is owned by insiders.
During the past 12 months, AZEK Company Inc has had a low of $35.48 and a high of $54.91. As of last week, the company has a debt-to-equity ratio of 0.40, a current ratio of 2.56, and a quick ratio of 1.19.
The net profit margin was 9.85% and return on equity was 10.73% for AZEK. The company reported revenue of $285.43 million for the quarter, compared to $240.44 million a year earlier. Comparatively to last year’s same quarter, the company’s quarterly revenue rose 18.71 percent.
