Added to YB: 2023-12-07
Pitch date: 2023-11-29
AZEK [bullish]
The AZEK Company Inc.
+62.58%
current return
Author Info
Capital Incentives works in research at Verity and writes deep dives on stocks. Sign up for the newsletter.
Company Info
The AZEK Company Inc. engages in the design, manufacturing, and selling of building products for residential, commercial, and industrial markets in the United States and Canada.
Market Cap
$7.8B
Pitch Price
$33.43
Price Target
43.00 (-21%)
Dividend
N/A
EV/EBITDA
22.02
P/E
52.76
EV/Sales
5.42
Sector
Building Products
Category
growth
AZEK (AZEK) Fiscal Q4'23 Earnings Update
AZEK FQ4 revenue +27.6% to $388.8M, adj EPS $0.36 vs $0.20 est; record 27.4% EBITDA margin on deflation & productivity; divests Vycom at 10.8X EBITDA; guides 5% '24 growth to $1.36B rev & 27.5% margin by '27; bullish on share gains & innovation; 42% upside to $43 fair value
Read full article (4 min)