StockChartsAI.com
All Chart Prices Delayed at least 15 minutesBefore accessing this site, you agree that you have read and agree to the disclaimers at the bottom of this page.
Stock Charts AI Power Rank: 9.3
Power Rank trend -> Rising
12/04/2024 08:42:00 EST
Azek Company Inc (AZEK)
Industry: Building Products & Equipment
Follow @stockchartsai on TwitterPrice Support Resistance
In the past 20 trading days, AZEK has been trading in a range between $53.34 and $45.40 (gray range band). Red lines on the chart represent key resistance levels and Green lines represent key support levels. As the price moves above the lines you will notice they turn green and red if price moves below a line.
AZEK is breaking above top of the recent 20 day range at $53.34 and appears that it could have some more upside. If it enters a yellow zone the trend may be faltering - consider exiting or taking profits. If it enters a red zone on the chart we would exit the position.
Upside / Downside Potential
Azek Company Inc $AZEK entered a Green zone 20 days ago on the AI powered stock chart. Wall Street analysts have an AVG target price $36.82, a potential down side of -31.47% from the recent price of 53.73. The stock is trading 0.8% (potential upside) below its 52 week high of $54.16 and 57.94 % (potential downside) above its 52 week low of $34.02 - based on the recent price.
Company Summary
The AZEK Company Inc engages in the design, manufacturing, and selling of building products for residential, commercial, and industrial markets in the United States and Canada. It operates through two segments: Residential and Commercial.
News
| 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. Source: Seeking Alpha Tue, 03 Dec 2024 07:19:32 -0500 Sentiment: Positive |
| 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. Source: Seeking Alpha Wed, 27 Nov 2024 22:09:58 -0500 Sentiment: Positive |
| 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. Source: Business Wire Wed, 27 Nov 2024 08:05:00 -0500 Sentiment: Neutral |
| 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. Source: Zacks Investment Research Wed, 20 Nov 2024 12:56:11 -0500 Sentiment: Positive |
| 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. Source: Seeking Alpha Tue, 19 Nov 2024 20:28:20 -0500 Sentiment: Neutral |
Technicals 52 Week Hi: 54.1567 52 Week Low: 34.02 Beta: 1.885 50 Day MA: 46.1402 200 Day MA: 45.4201 Earnings / Revenue Trends Qtr Earnings Growth YOY: 0.478 Qtr Revenue Growth YOY: 0.121 Forward PE: 41.6667 Trailing PE: 51.6635