How to Buy Azz Stock
Azz Inc
Azz is a specialty business service company located in Texas, United States, which is part of the Industrials sector, and is traded under the ticker AZZ on the NYSE exchange.
Azz stock last closed at $73.24, down 11.15% from the previous day, and has increased 90.43% in one year. It has overperformed other stocks in the Specialty Business Services industry by 0.66 percentage points. Azz stock is currently +111.76% from its 52-week low of $34.59, and -13.35% from its 52-week high of $84.52.
There are currently 25.1M shares of AZZ outstanding. The market value of AZZ is $1.84B. In the last 24 hours, 682,912 AZZ shares were traded.
How to Buy Azz Stock
Wondering how to invest in Azz stock? Here's how.
- Decide where to buy Azz stock: You need to choose an online brokerage, but don't worry - we've researched dozens of online brokerages and apps to help you decide where to buy Azz stock.
- Open a brokerage account: Sign up for 0% commission trading with the highest-rated brokerage we've identified.
- Deposit money your brokerage account: Select your method of payment and add your info.
- Evaluate Azz stock: The Azz ticker symbol is AZZ. Is Azz stock a good investment? Should you buy shares of AZZ? How do AZZ's underlying business fundamentals look? Do top analysts think Azz is a good buy? Why has AZZ's stock price moved recently? (Hint: Our stock market analysis tools can help you understand if AZZ is a good stock to buy).
- Make your AZZ purchase: Decide if you will purchase AZZ shares at the current market price or use a limit order to buy AZZ stock at a given price.
- Get updates on your investment in AZZ: Create a watchlist to get live updates on your investment in Azz shares.
Step 1: Decide where to buy Azz stock
You will need an online brokerage account in order to access the NYSE market and buy AZZ stock.
Our favorite brokerage: eToro
Based on our analysis, eToro is the best place to buy stocks. Here's why:
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- Social investing: eToro boasts a community with more than 20 million users globally. Talk to, learn from, and copy the crypto trades of other investors.
- Security: eToro is a regulated and licensed brokerage platform.
- Buy other assets: Such as ETFs and cryptocurrencies.
Get $10 towards your share purchase by signing up for an account with eToro today.
Open eToro AccountStep 2: Open a brokerage account
Now that you've chosen the best brokerage, it's time to fill out some personal info so you are able to invest in AZZ stock today.
How to Set Up a New Brokerage Account on eToro
- Click here to get started.eToro is a multi-asset investment platform. The value of your investments may go up or down. Your capital is at risk.
- Input your personal details to open your new trading account.
- Send your application by pressing the "Create Account" button. Get started with eToro today
Step 3: Deposit money your brokerage account
Now that you have filled out your info on the best stock market app, your next step is to transfer the money for your investment:
Watch the tutorial below if you need help transferring funds into your investment account.
Step 4: Evaluate Azz stock
After you have chosen the best place to buy Azz stock, it's absolutely critical to evaluate their stock prior to investing, so you truly understand the risk and opportunity.
Azz quick stats
Fundamentals of AZZ
WallStreetZen was created to help part-time investors perform better fundamental analysis quickly.
You can see all of the due diligence checks on AZZ's stock page.
Is AZZ stock overvalued?
You can use a variety of different financial metrics, analyses, models, and charts to gauge AZZ's fair value.
Using relative valuations methods:
- AZZ could be undervalued based on its P/E ratio of 21.05x, relative to Specialty Business Services industry P/E ratio of 35.28x
- AZZ could be undervalued based on its P/B ratio of 2.62x, relative to Specialty Business Services industry P/B ratio of 4.76x
- AZZ could be overvalued based on its PEG ratio of 1.49x
You can access additional valuation research on AZZ's stock here.
AZZ Financial Health
Passed Financial Due Diligence Checks:
- AZZ profit margin has gone up from -4.6% to 5.7% in the past year.
- AZZ's operating cash flow of $244.47M allows it to safely service it's debt of $977.23M.
- There are more short-term assets than short-term liabilities on the AZZ balance sheet.
Failed Financial Due Diligence Checks:
- AZZ has a relatively high debt to equity ratio of 1.8.
- Total AZZ debt is higher than 5 years ago, relative to shareholder equity.
- There are more long-term liabilities than short-term assets on the AZZ balance sheet.
- AZZ earnings of $237.17M is not enough to cover its interest payments.
Is it a good time to buy Azz stock, according to analysts?
Out of 2 Wall Street analysts who research AZZ, the consensus analyst rating on AZZ is a Buy
Please note that analyst forecasts are not stock recommendations, nor are they investment advice.
You can dive deeper into what analysts are forecasting on the Azz stock forecast page.
AZZ Technical Indicators
AZZ Revenue
Last year, AZZ earnings were $87.21M. During the past 5 year, AZZ's earnings have grown by 12.05% per year. This was faster than the Specialty Business Services industry average of 11.57%.
Last year, AZZ revenue was $1.54B. During the last five year, AZZ's revenue has increased by 10.65% per year. This was slower than the Specialty Business Services industry average of 10.77%.
Find out more about AZZ's earnings and revenue performance here.
What are AZZ executives and large shareholders up to?
Over the last 12 months, insiders at AZZ have sold more shares than they have bought.
Tara D. MacKey, Chief Legal Officer of AZZ, was the latest AZZ insider to buy. They bought $6,184.77 worth of AZZ stock on Dec 29, 2023.
Get more info about who owns AZZ stock here.
Does AZZ stock generate passive income?
Azz pays a dividend of 0.93%, compared to the Specialty Business Services industry's average dividend yield of 2.01%. If you owned $1,000 of AZZ stock, you would have been paid $9.28 in the past 12 months.
Azz dividend payments have consistently grown over the past decade and have remained stable.
Dig into more analysis about Azz dividend yield and history here.
What others are saying about AZZ
One of the reasons eToro is our highest-rated brokerage is because of its social trading community.
Click below to see what other investors have to say.
Step 5: Make your AZZ purchase
There are two main order types:
- Market order: A market order is an order to buy or sell a security at the best available price.
Market orders are mostly the easiest way to buy. - Limit order: A limit order lets you buy or sell a security at a specific price (or better).
If you want to ensure you're buying or selling at a particular price, place a limit order.
Hit the Open button and your broker will execute your order.
If you require more info about investing in stocks on eToro, watch the how to video below:
Step 6: Get updates on your investment in AZZ
Now that you own some AZZ stock, you'll want to keep up with your new investment.
Make a watchlist to get notified of important updates regarding your AZZ stock.
AZZ Feed
How to Buy Stock in Azz
To summarize, here are the 6 steps to buy Azz stock:
- Decide where to buy Azz stock
- Open a brokerage account
- Deposit money your brokerage account
- Evaluate Azz stock
- Make your AZZ purchase
- Get updates on your investment in AZZ
If you need a brokerage account, eToro is our favorite option.
Get Started with eToro TodayIf you want to get notifications regarding your new investment in Azz, click below.
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