Company profile

Ticker
AZZ
Exchange
Website
CEO
Thomas E. Ferguson
Employees
Incorporated in
Location
Fiscal year end
Former names
Aztec Manufacturing Co
SEC CIK
IRS number
750948250

AZZ stock data

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FINRA relative short interest over last month (20 trading days) ?

Calendar

9 Jan 20
5 Apr 20
28 Feb 21

News

Company financial data Financial data

Quarter (USD) Nov 19 Aug 19 May 19 Feb 19
Revenue 291.14M 236.19M 289.12M 202.55M
Net income 22.04M 15.56M 21.28M 8.85M
Diluted EPS 0.84 0.59 0.81 0.34
Net profit margin 7.57% 6.59% 7.36% 4.37%
Operating income 33.43M 22.21M 30.97M 13.39M
Net change in cash 706K -3K -10.42M 6.59M
Cash on hand 14.29M 13.58M 13.59M 24.01M
Cost of revenue 223.81M 183.5M 223.02M 159.29M
Annual (USD) Feb 19 Feb 18 Feb 17 Feb 15
Revenue 927.09M 810.43M 863.54M 819.69M
Net income 51.21M 45.17M 61.26M 65.62M
Diluted EPS 1.96 1.73 2.35 2.55
Net profit margin 5.52% 5.57% 7.09% 8.00%
Operating income 76.96M 48.25M 98.91M 107.9M
Net change in cash 3.15M 9.55M -11.23M
Cash on hand 24.01M 20.85M 11.3M 22.53M
Cost of revenue 728.47M 650.12M 658.21M 612.92M

Financial data from AZZ earnings reports

Date Owner Security Transaction Code $Price #Shares $Value #Remaining
14 Jan 20 Philip A Schlom RSU COMMON STOCK Grant Aquire A 0 1,523 0 1,523
14 Jan 20 Bryan Lee Stovall RSU COMMON STOCK Grant Aquire A 0 10,000 0 10,000
14 Jan 20 Ken Lavelle RSU COMMON STOCK Grant Aquire A 0 10,000 0 10,000
14 Jan 20 Michael Doucet RSU COMMON STOCK Grant Aquire A 0 1,500 0 1,500
31 Dec 19 Gary L. Hill COMMON STOCK Grant Aquire A 34.306 51 1.75K 6,890
88.1% owned by funds/institutions
13F holders
Current Prev Q Change
Total holders 173 173
Opened positions 28 23 +21.7%
Closed positions 28 17 +64.7%
Increased positions 64 67 -4.5%
Reduced positions 55 44 +25.0%
13F shares
Current Prev Q Change
Total value 1.06B 988.98M +7.5%
Total shares 23.13M 22.7M +1.9%
Total puts 28.4K 12.8K +121.9%
Total calls 70.5K 6.8K +936.8%
Total put/call ratio 0.4 1.9 -78.6%
Largest owners
Shares Value Change
BLK BlackRock 4.06M $186.4M +4.7%
Vanguard 2.77M $127.16M +1.4%
N Price T Rowe Associates 1.99M $91.53M +4.1%
Van Berkom & Associates 1.59M $73.23M +0.2%
Dimensional Fund Advisors 1.19M $54.8M +0.4%
STT State Street 808.02K $37.13M +6.2%
Victory Capital Management 758.28K $34.84M +49.4%
FMR 650.35K $29.88M -6.0%
Nuveen Asset Management 520.66K $23.92M -11.8%
Wellington Management 507.1K $23.3M -3.3%
Largest transactions
Shares Bought/sold Change
NEU Neuberger Berman 0 -558.66K EXIT
Norges Bank 354.28K +354.28K NEW
Deprince Race & Zollo 0 -271.95K EXIT
Victory Capital Management 758.28K +250.6K +49.4%
Renaissance Technologies 72.9K -195.06K -72.8%
BLK BlackRock 4.06M +180.31K +4.7%
Marshall Wace 218.64K +173.72K +386.7%
American Century Companies 0 -160.5K EXIT
Millennium Management 149.95K +139.53K +1339.2%
Thrivent Financial For Lutherans 335.2K -123.69K -27.0%

Financial report summary

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Risks
  • Our business segments operate in highly competitive markets.
  • Climate change could impact our business.
  • Changes in greenhouse gas regulations could impact our operating results.
  • Our business segments are sensitive to economic downturns.
  • International and political events may adversely affect our Energy and Metal Coatings Segments.
  • Fluctuations in the price and supply of raw materials and natural gas for our business segments may adversely affect our operations.
  • Our volume of fixed-price contracts for our Energy Segment could adversely affect our business.
  • Our operations could be adversely impacted by the continuing effects from government regulations.
  • New regulations related to conflict minerals could adversely impact our business.
  • Our use of over time revenue accounting in the Energy Segment could result in a reduction or elimination of previously reported profits.
  • We may not be able to fully realize the revenue value reported in our backlog for our Energy Segment.
  • Our operating results may vary significantly from quarter to quarter.
  • We may be unsuccessful at generating internal growth.
  • The departure of key personnel could disrupt our business.
  • Our business requires skilled labor, and we may be unable to attract and retain qualified employees.
  • Actual and potential claims, lawsuits, and proceedings could ultimately reduce our profitability and liquidity and weaken our financial condition.
  • Technological innovations by competitors may make existing products and production methods obsolete.
  • Catastrophic events could disrupt our business.
  • Adoption of new or revised employment and labor laws and regulations could make it easier for our employees to obtain union representation and our business could be adversely impacted.
  • AZZ’s flexibility to operate its business could be impacted by provisions in its debt obligations.
  • A failure in our operational systems or cyber security attacks on any of our facilities, or those of third parties, may
  • affect adversely our financial results.
  • We could face significant liabilities for withdrawal from Multiemployer Pension Plans.
  • Uncertainties in the interpretation and application of the 2017 Tax Cuts and Jobs Act could materially affect our tax obligations and effective tax rate.
  • We have identified a material weakness in our internal control over financial reporting which could, if not remediated, adversely affect investor confidence in our company, the value of our common stock and our ability to report our financial condition and results of operations in a timely and accurate manner.
Management Discussion
  • We have two distinct operating segments, the Energy segment and the Metal Coatings segment, as defined in our Annual Report on Form 10-K for the fiscal year ended February 28, 2019. Management believes that the most meaningful analysis of our results of operations is to analyze our performance by segment. We use revenue and operating income by segment to evaluate our segments. Segment operating income consists of net sales less cost of sales and selling, general and administrative expenses that are specifically identifiable to a segment. For a reconciliation of segment operating income to consolidated operating income, see Note 4 to our quarterly condensed consolidated financial statements included in this Quarterly Report on Form 10-Q.
Content analysis ?
Positive
Negative
Uncertain
Constraining
Legalese
Litigous
Readability
H.S. sophomore Avg
New words: assumed, citing, Dismissal, dismissing, Motion, Notice, Plaintiff, plead, Poland, prejudice, released, sale, viable, Voluntary
Removed: driven, forma, intellectual, pro, slightly