Is Azenta Stock a good buy in 2023, according to Wall Street analysts?
The consensus among 2 Wall Street analysts covering (NASDAQ: AZTA) stock is to Buy AZTA stock.
Out of 2 analysts, 0 (0%) are recommending AZTA as a Strong Buy, 1 (50%) are recommending AZTA as a Buy, 1 (50%) are recommending AZTA as a Hold, 0 (0%) are recommending AZTA as a Sell, and 0 (0%) are recommending AZTA as a Strong Sell.
What is AZTA's forecast return on equity (ROE) for 2023-2024?
(NASDAQ: AZTA) forecast ROE is 3.53%, which is considered weak.
What is AZTA's Price Target?
According to 2 Wall Street analysts that have issued a 1 year AZTA price target, the average AZTA price target is $55.00, with the highest AZTA stock price forecast at $65.00 and the lowest AZTA stock price forecast at $45.00.
On average, Wall Street analysts predict that Azenta's share price could reach $55.00 by Aug 9, 2024. The average Azenta stock price prediction forecasts a potential upside of 14.01% from the current AZTA share price of $48.24.
What is AZTA's forecast return on assets (ROA) for 2023-2024?
(NASDAQ: AZTA) forecast ROA is 3.14%, which is lower than the forecast US Medical Instruments & Supplies industry average of 10.2%.
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