On Nov 21, major Wall Street analysts update their ratings for $The AZEK (AZEK.US)$, with price targets ranging from $49 to $58.
BofA Securities analyst Rafe Jadrosich maintains with a buy rating, and sets the target price at $52.
Barclays analyst Matthew Bouley maintains with a buy rating, and adjusts the target price from $53 to $58.
UBS analyst John Lovallo maintains with a hold rating, and adjusts the target price from $43 to $49.
Jefferies analyst Philip Ng maintains with a buy rating, and adjusts the target price from $57 to $56.
BMO Capital analyst Ketan Mamtora maintains with a hold rating, and adjusts the target price from $49 to $51.
Furthermore, according to the comprehensive report, the opinions of $The AZEK (AZEK.US)$'s main analysts recently are as follows:
The company is noted for its outperformance in growth, share gain, execution of channel inventory, and productivity. Furthermore, its 2025 guidance is described as 'strong' and tends to become more conservative as the year progresses.
Azek's recent financial performance has been marked by its ability to maintain a high-end product mix, secure market share gains, and introduce new products, which collectively counter broader market weakness. Observations of a recent re-acceleration in sell-through rates are viewed as 'encouraging', indicating potential upside to management's initial guidance for the next quarter.
Azek demonstrated robust performance in Q4 with high single-digit improvements in sell-through and provided guidance exceeding expectations. Analytical observations suggest that the company's initial quarter and full year targets for FY25 could see upward adjustments. However, there is a growing apprehension about increasing competition in the railing segment and the potential margin pressures from newly introduced value-oriented products.
The company modestly exceeded FQ4 results and provided initial F2025 guidance that was better than feared, reflecting its historically conservative approach to guidance.
Here are the latest investment ratings and price targets for $The AZEK (AZEK.US)$ from 10 analysts:
Note:
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