AZEK Company Inc (NYSE:AZEK) shares traded 0.94% higher at $45.34 on Wall Street last session.
AZEK stock price is now -5.01% away from the 50-day moving average and 21.49% away from the 200-day moving average. The market capitalization of the company currently stands at $6.61B.
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With the price target of $55, The Benchmark Company recently initiated with Buy rating for AZEK Company Inc (NYSE: AZEK). On December 12, 2023, Wolfe Research recently initiated its ‘Outperform’ rating on the stock quoting a target price of $43, while ‘Deutsche Bank’ rates the stock as ‘Hold’
In other news, Singh Jesse G, CEO and President sold 13,000 shares of the company’s stock on Apr 10 ’24. The stock was sold for $627,958 at an average price of $48.30. Upon completion of the transaction, the CEO and President now directly owns 1,083,444 shares in the company, valued at $49.12 million. An SEC document containing details of the transaction can be found on the SEC’s website. On Mar 11 ’24, CEO and President Singh Jesse G sold 13,000 shares of the business’s stock. A total of $620,880 was realized by selling the stock at an average price of $47.76. This leaves the insider owning 1,096,444 shares of the company worth $49.71 million. A total of 2.04% of the company’s stock is owned by insiders.
During the past 12 months, AZEK Company Inc has had a low of $23.08 and a high of $50.78. As of last week, the company has a debt-to-equity ratio of 0.50, a current ratio of 2.99, and a quick ratio of 1.67.
The net profit margin was 8.33% and return on equity was 8.62% for AZEK. The company reported revenue of $240.44 million for the quarter, compared to $216.26 million a year earlier. Comparatively to last year’s same quarter, the company’s quarterly revenue rose 11.18 percent.
