STOCK TITAN

Azz Inc - AZZ STOCK NEWS

Welcome to our dedicated page for Azz news (Ticker: AZZ), a resource for investors and traders seeking the latest updates and insights on Azz stock.

Corporate Overview and Core Competencies

AZZ Inc (NYSE: AZZ) is a multifaceted industrial manufacturer that excels in providing specialty electrical equipment and a broad range of advanced metal coating solutions. The company is uniquely positioned with two distinct business segments: the energy segment, which produces highly engineered electrical products for power generation, transmission, distribution, and industrial applications, and the galvanizing and metal coatings segment, which delivers superior hot-dip galvanizing, coil coating, and related finishing services for the steel fabrication and metal processing markets. With deep expertise in hot-dip galvanizing and coil coating solutions, AZZ Inc leverages state-of-the-art production processes and robust supply chains to offer unparalleled protection and aesthetic improvements for critical infrastructures and manufactured goods.

Engineered Electrical Equipment and Industrial Services

Within its energy segment, AZZ Inc specializes in designing, manufacturing, and servicing a range of custom electrical products. These include industrial switchgear, electrical enclosures, medium and high voltage ducts, hazardous and specialty lighting, and tubular products tailored to meet the stringent demands of power generation and industrial markets. The company’s offerings extend to being a trusted third party supplier of safety-related equipment to the nuclear sector, as well as providing specialty repair and overhaul solutions. This dual-capability enables AZZ Inc to cater to critical, high-safety applications while maintaining operational excellence in a diverse industrial environment.

Advanced Metal Coatings and Galvanizing Solutions

The galvanizing and metal coatings division of AZZ Inc is engineered to meet the corrosion protection and durability demands prevalent in North American markets. The company offers a suite of metal finishing services—including hot-dip galvanizing, spin galvanizing, powder coating, anodizing, and plating—designed to enhance the longevity and visual appeal of steel structures and fabricated metal components. Through its Precoat Metals segment, AZZ Inc further expands its product portfolio by providing aesthetic and corrosion-resistant coatings for steel and aluminum coils, addressing the needs for both functional and decorative applications in modern construction and manufacturing.

Operational Excellence and Industry Impact

AZZ Inc is recognized not only for its technical acumen, but also for its commitment to operational discipline and customer service. The company’s integrated approach spans from custom design and manufacturing to specialized repair services, making it a critical partner for infrastructure projects, utility companies, manufacturers, and safety-critical industries. By employing robust quality controls and leveraging advanced production technologies, AZZ Inc consistently delivers products that enhance the longevity and performance of essential infrastructure and industrial installations.

Market Position and Competitive Differentiators

Positioned as an independent provider, AZZ Inc distinguishes itself from larger conglomerates through its specialized focus and deep expertise in both the electrical equipment and metal coating arenas. Its technical precision, innovation in galvanizing and coil coating processes, and responsiveness to market dynamics have carved out a competitive niche in markets that demand reliable, long-lasting solutions for corrosion protection and electrical safety. The company’s commitment to quality is underscored by its use of advanced materials engineering, continuous improvement initiatives, and a disciplined approach to capital management and operational efficiency.

In-Depth Look at Business Segments

  • Energy Segment: Focuses on custom electrical equipment including switchgear, electrical enclosures, and high voltage components, while providing specialty industrial repair and safety solutions tailored for the power generation, utility, and nuclear industries.
  • Galvanizing and Metal Coatings Segment: Offers comprehensive metal finishing services such as hot-dip galvanizing, spin galvanizing, powder coating, and coil coating. This segment supports steel fabrication with coatings designed for both rapid corrosion resistance and enhanced aesthetic appeal.

Commitment to Quality and Integrated Service Offerings

Leveraging decades of industrial experience and a robust network of manufacturing facilities, AZZ Inc prioritizes quality and reliability in every facet of its operations. The company’s systematic approach to process improvement and its focus on customer-centric solutions have resulted in a portfolio that consistently meets high standards for durability, safety, and performance. By integrating engineering innovation with practical application, AZZ Inc addresses diverse challenges in construction, infrastructure, and industrial sectors, ensuring that their solutions remain indispensable to clients across North America.

Expertise and Future-Proofing Operations

AZZ Inc’s operations are built upon a foundation of advanced engineering practices and stringent technical standards. Its hybrid business model—combining high-value, custom-engineered electrical products with scalable, efficient galvanizing operations—enables the company to maintain a flexible response to varied market conditions. Through continuous investment in technology and process optimization, AZZ Inc demonstrates both industry leadership and a resilient business model designed to thrive regardless of fluctuating market trends.

Comprehensive Support for Critical Infrastructure

The company’s dual focus on engineered electrical systems and metal protection solutions plays a pivotal role in maintaining the integrity and longevity of critical infrastructures. From ensuring the safety and functionality of power grids to providing durable finishes for modern construction, AZZ Inc delivers solutions that are integral to the daily operations of countless businesses and governmental agencies. This makes the company a fundamental player in the industrial supply chain and a trusted resource for robust, long-lasting products.

Conclusion and Key Takeaways

In summary, AZZ Inc stands as a multifaceted industrial enterprise with specialized expertise in electrical equipment manufacturing and metal coating solutions. Its dual-segment business model, operational excellence, and commitment to quality underpin its market reputation and help drive continuous value creation. The company’s advanced galvanizing and coil coating technologies, combined with highly engineered electrical products, secure its position as a critical service provider across diverse markets including power generation, industrial manufacturing, and steel fabrication.

Rhea-AI Summary
AZZ Inc. announced an upward revision in financial guidance for fiscal year 2025, with sales projected at $1.525 - $1.625 billion, Adjusted EBITDA at $310 - $360 million, and Adjusted Diluted EPS at $4.50 - $5.00. The guidance excludes future acquisitions and includes equity income from minority interest in a subsidiary. CEO Tom Ferguson expressed confidence in the company's performance.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
4.21%
Tags
-
Rhea-AI Summary
AZZ Inc. to Review Q4 and Fiscal Year 2024 Financial Results in Conference Call
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
1.33%
Tags
-
Rhea-AI Summary
AZZ Inc. (NYSE: AZZ) declares a fourth-quarter cash dividend of $0.17 per share, payable on May 2, 2024. The company plans to continue regular quarterly dividends, subject to Board discretion.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
1.33%
Tags
dividends earnings
News
Rhea-AI Summary
AZZ Inc. announced the retirement of Chief Financial Officer Mr. Philip Schlom, to be succeeded by Mr. Jason Crawford. Mr. Schlom's retirement is set for November 4, 2024, with Mr. Crawford transitioning into the CFO role. The CEO praised Mr. Schlom's contributions to the company and expressed confidence in Mr. Crawford's abilities, highlighting his extensive experience in finance and mergers and acquisitions.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
0.88%
Tags
none
-
Rhea-AI Summary
AZZ Inc. successfully reprices its existing $980 million Term Loan B, reducing the interest rate margin by 50 basis points to SOFR + 325 basis points, resulting in annual interest savings of approximately $5 million. This marks the second repricing, leading to total interest rate margin savings of 100 basis points since May 2022. The company aims to lower its net debt to EBITDA leverage ratio to 3.0 times or lower by the end of 2024.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
3.64%
Tags
none
-
Rhea-AI Summary
AZZ Inc. announces participation in upcoming investor conferences, including Sidoti Small Cap Conference and 36th Annual Roth Conference. David Nark and Tom Ferguson to represent the company. Sidoti Conference on March 13-14, 2024, and Roth Conference on March 18-19, 2024.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
0.01%
Tags
conferences
Rhea-AI Summary
AZZ Inc. announces participation in investor conferences with key executives, offering one-on-one meetings for interested investors. The events include Citi 2024 Global Industrial Technology and Mobility Conference on February 20 and J.P. Morgan Global High Yield & Leveraged Finance Conference on February 26, 2024, both in Miami, Florida.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
3.48%
Tags
conferences
-
Rhea-AI Summary
AZZ Inc. provides financial guidance for fiscal year 2025 and reaffirms guidance for fiscal year 2024. Sales, adjusted EBITDA, and adjusted diluted EPS are all expected to increase in FY 2025. Management's outlook reflects confidence in the company's performance.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
0.62%
Tags
-
Rhea-AI Summary
AZZ Inc. (NYSE: AZZ) has announced a third quarter cash dividend of $0.17 per share on the Company's outstanding shares of common stock. The dividend is payable on February 7, 2024, to shareholders of record as of January 30, 2024. The company plans to pay regular quarterly cash dividends for the foreseeable future, with future dividends subject to review and discretion by the Board of Directors. AZZ remains committed to enhancing shareholder value based on various factors, including operating results, financial condition, and business outlook.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
1.1%
Tags
dividends earnings
Rhea-AI Summary
AZZ Inc. (NYSE: AZZ) announced financial results for the third quarter ended November 30, 2023, showing growth in sales, profits, and cash flow. Total sales were $381.6 million, up 2.2%, with Metal Coatings sales of $163.2 million, up 3.1%, and Precoat Metals sales of $218.4 million, up 1.6%. Diluted EPS was $0.92, up 55.9% versus the prior year, and Adjusted EPS was $1.19, up 52.6%. Net income was $26.9 million, up 45.8%, and Adjusted net income was $34.8 million, up 78.3%. Adjusted EBITDA was $86.4 million or 22.6% of sales, versus the prior year of $68.9 million or 18.5% of sales. AZZ also reduced debt by $25.0 million in the quarter, resulting in net leverage of 3.1x.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-0.42%
Tags

FAQ

What is the current stock price of Azz (AZZ)?

The current stock price of Azz (AZZ) is $85.79 as of April 1, 2025.

What is the market cap of Azz (AZZ)?

The market cap of Azz (AZZ) is approximately 2.6B.

What are the primary business segments of AZZ Inc?

AZZ Inc operates two key segments: the energy segment, which provides custom-engineered electrical equipment and industrial services, and the galvanizing and metal coatings segment, which offers solutions like hot-dip galvanizing and coil coating for corrosion protection.

What products are included in AZZ Inc's energy segment?

The energy segment comprises products such as custom switchgear, electrical enclosures, medium and high voltage ducts, hazardous lighting, as well as specialized repair and overhaul services for industrial and utility markets.

What kind of metal coating services does AZZ Inc offer?

AZZ Inc offers a comprehensive range of metal coating services including hot-dip galvanizing, spin galvanizing, powder coating, anodizing, and plating, along with coil coating solutions under its Precoat Metals segment.

Which industries benefit from AZZ Inc's solutions?

AZZ Inc serves a broad array of industries such as power generation, industrial manufacturing, construction, nuclear safety, and steel fabrication, providing both electrical equipment and corrosion-resistant coatings.

How does AZZ Inc differentiate itself from competitors?

Through its specialized dual-segment approach, technical precision, advanced engineering practices, and a focus on customer-centric solutions, AZZ Inc offers unparalleled quality and operational efficiency that set it apart in both electrical manufacturing and metal coating industries.

What role do galvanizing and coil coating play in AZZ Inc's business?

These services are central to the company's strategy in protecting against corrosion and enhancing durability and aesthetics for steel structures and fabricated products, ensuring long-term performance and reliability for clients.

How does AZZ Inc support critical infrastructure?

By delivering high-quality, durable electrical equipment and metal finishing solutions, AZZ Inc plays an essential role in maintaining the performance and integrity of power grids, industrial installations, and construction projects.

What technological advantages does AZZ Inc leverage?

The company utilizes advanced production processes, quality control measures, and continuous improvement initiatives to provide highly engineered solutions in both electrical equipment manufacturing and metal coating services.
Azz Inc

NYSE:AZZ

AZZ Rankings

AZZ Stock Data

2.56B
29.28M
2.01%
94.54%
3.68%
Specialty Business Services
Coating, Engraving & Allied Services
Link
United States
FORT WORTH