Fintel reports that on August 9, 2023, Barclays maintained coverage of AZEK Company Inc - (NYSE:AZEK) with a Overweight recommendation.
Analyst Price Forecast Suggests 5.10% Upside
As of August 2, 2023, the average one-year price target for AZEK Company Inc - is 32.85. The forecasts range from a low of 17.17 to a high of $40.95. The average price target represents an increase of 5.10% from its latest reported closing price of 31.26.
See our leaderboard of companies with the largest price target upside.
The projected annual revenue for AZEK Company Inc - is 1,268MM, a decrease of 1.41%. The projected annual non-GAAP EPS is 0.58.
What is the Fund Sentiment?
There are 594 funds or institutions reporting positions in AZEK Company Inc -. This is an increase of 27 owner(s) or 4.76% in the last quarter. Average portfolio weight of all funds dedicated to AZEK is 0.29%, a decrease of 4.20%. Total shares owned by institutions decreased in the last three months by 1.81% to 204,533K shares. 
The put/call ratio of AZEK is 1.35, indicating a bearish outlook.
What are Other Shareholders Doing?
Ares Management holds 14,326K shares representing 9.49% ownership of the company. In it's prior filing, the firm reported owning 19,096K shares, representing a decrease of 33.30%. The firm decreased its portfolio allocation in AZEK by 1.51% over the last quarter.
Ontario Teachers Pension Plan Board holds 14,326K shares representing 9.49% ownership of the company. In it's prior filing, the firm reported owning 19,096K shares, representing a decrease of 33.30%. The firm decreased its portfolio allocation in AZEK by 11.85% over the last quarter.
Capital Research Global Investors holds 11,647K shares representing 7.72% ownership of the company. In it's prior filing, the firm reported owning 9,713K shares, representing an increase of 16.61%. The firm increased its portfolio allocation in AZEK by 31.18% over the last quarter.
SMCWX - SMALLCAP WORLD FUND INC holds 11,386K shares representing 7.54% ownership of the company. In it's prior filing, the firm reported owning 10,649K shares, representing an increase of 6.48%. The firm increased its portfolio allocation in AZEK by 15.72% over the last quarter.
Wellington Management Group Llp holds 9,228K shares representing 6.11% ownership of the company. In it's prior filing, the firm reported owning 7,065K shares, representing an increase of 23.44%. The firm decreased its portfolio allocation in AZEK by 78.89% over the last quarter.
AZEK Background Information
(This description is provided by the company.)
The AZEK® Company Inc. is an industry-leading designer and manufacturer of beautiful, low-maintenance residential and commercial building products and is committed to innovation, sustainability and research & development. Headquartered in Chicago, Illinois, the company operates manufacturing facilities in Ohio, Pennsylvania and Minnesota.
Additional reading:
- First Day of
- First Day of
- FOURTH AMENDMENT TO AMENDED AND RESTATED REVOLVING CREDIT AGREEMENT
- First Day of
- First Day of
This story originally appeared on Fintel.
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
