7/102 sources · 2 publishersUpdated Oct 15, 07:27 UTC
AZZ lifts FY2027 guidance and receives Barclays coverage with $140 price target
AZZ Inc. raised its fiscal 2027 outlook, forecasting sales of $1.825‑$1.875 billion, adjusted EBITDA of $380‑$420 million and adjusted EPS of $7.00‑$7.30. The company also announced a $20 million share buyback and a quarterly dividend of $0.24 per share. Barclays initiated coverage with an Equalweight rating and set a $140 price target for the stock.
Why it matters
The higher guidance suggests stronger revenue and profitability than previously expected, which could support the stock price. Barclays’ $140 target, above the current $136.71 price, may attract investors seeking upside.
Key facts
- 1AZZ projected FY2027 sales of $1.825–$1.875 billion. tradingview.com
- 2Adjusted EBITDA guidance for FY2027 is $380–$420 million. tradingview.com
- 3Adjusted EPS guidance for FY2027 is $7.00–$7.30. tradingview.com
- 4AZZ announced a $20 million share buyback program. tradingview.com
- 5The company declared a dividend of $0.24 per share. tradingview.com
- 6Barclays initiated coverage with an Equalweight rating and a $140 price target. investing.com
Summary written by AlphAI AI Desk from 2 of 2 sources. Not investment advice. Figures are as stated by the linked sources.