If You Don’t Bullish On AZEK Company Inc (NYSE: AZEK) Now, You’ll Regret Your Decision Later

The trading price of AZEK Company Inc (NYSE:AZEK) floating lower at last check on Wednesday, August 07, closing at $36.91, -11.10% lower than its previous close.

The company’s P/E ratio in the trailing 12-month period was 36.83. In examining the 52-week price action we see that the stock hit a 52-week high of $50.78 and a 52-week low of $25.03. Over the past month, the stock has lost -11.32% in value.

3 Tiny Stocks Primed to Explode The world's greatest investor — Warren Buffett — has a simple formula for making big money in the markets. He buys up valuable assets when they are very cheap. For stock market investors that means buying up cheap small cap stocks like these with huge upside potential.

We've set up an alert service to help smart investors take full advantage of the small cap stocks primed for big returns.

Click here for full details and to join for free
Sponsored

AZEK Company Inc, whose market valuation is $5.37 billion at the time of this writing. Investors’ optimism about the company’s current quarter earnings report is understandable. Analysts have predicted the quarterly earnings per share to grow by 0.36 per share this quarter, however they have predicted annual earnings per share of 1.19 for current year and 1.37 for next year.

Analysts have forecast the company to bring in revenue of 396.38M for the current quarter, with the likely lows of 387M and highs of 405M. From the analysts’ viewpoint, the consensus estimate for the company’s annual revenue is 1.43B.

On the technical side, indicators suggest AZEK has a 50% Sell on average for the short term. According to the data of the stock’s medium term indicators, the stock is currently averaging as a 50% Sell, while an average of long term indicators suggests that the stock is currently 50% Sell.

If we dig deeper into the stock’s outlook, we see that the stock’s PEG is 3.32, which symbolizes a positive outlook. A quick review shows that AZEK’s price is currently -15.61% off the SMA20 and -16.62% off the SMA50. The RSI metric on the 14-day chart is currently showing 29.64, and weekly volatility stands at 4.66%. When measured over the past 30 days, the indicator reaches 3.58%. AZEK Company Inc (NYSE:AZEK)’s beta value is currently sitting at 1.87, while the Average True Range indicator is currently displaying 2.13.

To see how AZEK Company Inc stock has been performing today in comparison to its peers in the industry, here are the numbers: AZEK stock’s performance was -11.10% at last check in today’s session, and 17.10% in the past year. AZEK Company Inc has a P/E ratio of 36.83.

An evaluation of the daily trading volume of AZEK Company Inc (NYSE:AZEK) indicates that the 3-month average is 2.03 million.

Currently, records show that 147.70 million of the company’s shares remain outstanding. The insiders hold 2.00% of outstanding shares, whereas institutions hold 103.72%. However, since the stock’s price has seen -3.50% year-to-date, investors’ interest is likely to be reignited due to its potential to move even lower.

Most Popular