AZZ Raises FY2027 Guidance After Record Q2 Sales and Earnings
AZZ sits 51% above its 52-week low of $94.61.
Summary
AZZ reported record Q2 FY2027 results with sales up 16.7% and adjusted EPS up 29%, and raised full-year guidance across sales, EBITDA, and EPS. Barclays initiated coverage with an equal-weight rating and $140 price target, and the company set a $100–140 million debt reduction target with a $0.24 dividend.
Updated with a Wiseek News report · What changed
Updates
· Wiseek News — Barclays initiated coverage with an equal-weight rating and $140 price target.
- The company set a $100–140 million debt reduction target.
- The dividend was $0.24.
Key Events · Earnings and Guidance · AZZ
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New · · Wiseek News
Barclays Initiates Coverage
Barclays initiated coverage with an equal-weight rating and $140 price target.
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New · · Wiseek News
Debt Reduction Target and Dividend
The company set a $100–140 million debt reduction target. The dividend was $0.24.
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Record Q2 Sales and Earnings
Total sales of $486.9 million, up 16.7% year-over-year; adjusted diluted EPS of $2.00, up 29.0%; consolidated adjusted EBITDA of $110.9 million (22.8% of sales).
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FY2027 Guidance Raised
Sales guidance increased to $1.825–$1.875 billion (from $1.80–$1.85B), adjusted EBITDA to $380–$420 million (from $375–$415M), and adjusted diluted EPS to $7.00–$7.30 (from $6.75–$7.15).
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Seattle Galvanizing Acquisition Completed
Completed the acquisition of Seattle Galvanizing in Arlington, Washington for $57.5 million, expanding Metal Coatings presence in the Pacific Northwest.
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Capital Returns and Debt Reduction
Repurchased 136,303 shares for $20.0 million at an average price of $146.71; paid down $15 million of debt; net leverage improved to 1.3x trailing twelve months adjusted EBITDA.
Analysis · AZZ · Manufacturing
AZZ delivered record second-quarter results with sales up 16.7% to $486.9 million and adjusted diluted EPS up 29% to $2.00, beating expectations. Management raised full-year guidance across all three metrics — sales, adjusted EBITDA, and adjusted EPS — reflecting sustained momentum in both Metal Coatings and Precoat Metals. The company also completed the Seattle Galvanizing acquisition, repurchased $20 million of stock, and reduced net leverage to 1.3x, strengthening the balance sheet while returning capital to shareholders. Barclays initiated coverage with an equal-weight rating and $140 price target, and the company set a $100–140 million debt reduction target with a $0.24 dividend.
How filings like this one have moved
In the 30 days to Nov 2, 2026, 32.7% of the 1910 measured filings Wiseek scored 7 moved their stock by 5% or more by the next session's close. The median move was 0.00%. These are measured outcomes after filings of this importance, not a forecast for this one.
Measured one observation per ticker per day, after exclusions. Current figures: Filing Impact Tracker · open dataset
At the time of this filing, AZZ was trading at $143.17 on NYSE in the Manufacturing sector, with a market capitalization of approximately $4.1B. The 52-week trading range was $94.61 to $162.20. This filing was assessed with positive market sentiment and an importance score of 7 out of 10.