Fintel reports that on October 12, 2023, Barclays maintained coverage of AZEK Company Inc - (NYSE:AZEK) with a Overweight recommendation.
Analyst Price Forecast Suggests 42.12% Upside
As of October 5, 2023, the average one-year price target for AZEK Company Inc - is 38.70. The forecasts range from a low of 34.34 to a high of $44.10. The average price target represents an increase of 42.12% from its latest reported closing price of 27.23.
See our leaderboard of companies with the largest price target upside.
The projected annual revenue for AZEK Company Inc - is 1,371MM, an increase of 6.60%. The projected annual non-GAAP EPS is 0.90.
What is the Fund Sentiment?
There are 632 funds or institutions reporting positions in AZEK Company Inc -. This is an increase of 38 owner(s) or 6.40% in the last quarter. Average portfolio weight of all funds dedicated to AZEK is 0.33%, an increase of 10.22%. Total shares owned by institutions decreased in the last three months by 1.92% to 199,004K shares. 
The put/call ratio of AZEK is 0.20, indicating a bullish outlook.
What are Other Shareholders Doing?
Wellington Management Group Llp holds 13,574K shares representing 9.09% ownership of the company. In it's prior filing, the firm reported owning 9,228K shares, representing an increase of 32.02%. The firm increased its portfolio allocation in AZEK by 80.62% over the last quarter.
Capital Research Global Investors holds 12,607K shares representing 8.44% ownership of the company. In it's prior filing, the firm reported owning 11,647K shares, representing an increase of 7.61%. The firm increased its portfolio allocation in AZEK by 30.77% over the last quarter.
SMCWX - SMALLCAP WORLD FUND INC holds 11,828K shares representing 7.92% ownership of the company. In it's prior filing, the firm reported owning 11,386K shares, representing an increase of 3.74%. The firm increased its portfolio allocation in AZEK by 26.56% over the last quarter.
Massachusetts Financial Services holds 7,115K shares representing 4.76% ownership of the company. In it's prior filing, the firm reported owning 6,857K shares, representing an increase of 3.62%. The firm increased its portfolio allocation in AZEK by 28.58% over the last quarter.
Citadel Advisors holds 6,305K shares representing 4.22% ownership of the company. In it's prior filing, the firm reported owning 3,660K shares, representing an increase of 41.94%. The firm increased its portfolio allocation in AZEK by 140.09% 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.
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