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AZZ, Inc. (AZZ)

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COMPANY INFORMATION
Type Electronic Instruments & Controls
Product or Service Electrical Equipment and Components
Application Manufacturers and installs large-scale distributed electrical deployments.
Location Fort Worth, TX
Web Address www.azz.com

AZZ Inc. is an electrical equipment and components manufacturer. This company serves in the power generation, transmission and distribution markets as well as other sectors. AZZ manufactures and installs products that distribute electrical power between generators, transformers, switching devices and other electrical equipment crucial to the smart grid build out.

***STOCK ALERT***
Date
Event
Info
6/30/2014 AZZ Inc. announces record quarterly revenues, up 18% from the previous quarter, resulting in an EPS increase of 45% to $0.58/share. The company reaffirms FY 2015 target EPS range between $2.40-$2.80/share. AZZ gains 7% in two days on large volume, and is up 149% from its lows in 2011. Reuters
10/1/2012 Earnings release beats expectations, 6-month revenues up 23%. 2013 revenue forecast increased to $575-$600 million. Stock soars 9% in one day on huge volume, and has doubled in value over the last year. Press release
6/29/12 AZZ Inc. net profits increase 37% for quarter, 69% compared to same quarter last year. 2 for 1 stock split through 100 percent stock dividend announced. Stock jumps 19% on news. Press release

 

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Individuals involved with the Roen Financial Report and Swiftwood Press LLC do not own or control shares of any companies mentioned in this article. Any advice and/or recommendations made in this article are of a general nature and are not to be considered specific investment advice. Individuals should seek advice from their investment professional before making any important financial decisions. See Terms of Use for more information.

*Hypothetical gain from portfolio recommendations from inception. It should not be assumed that recommendations made in the future will be profitable or will equal the performance of the securities contained within this list. Always consult your financial professional before investing.

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Company Ratings: AZZ
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Industry Rank
Smart Grid 4

Speculative Level
Medium
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