Azek Company Stock Buy Hold or Sell Recommendation
| AZEK Stock | USD 44.72 0.57 1.26% |
Given the investment horizon of 90 days and your above-average risk tolerance, our recommendation regarding Azek Company is 'Strong Hold'. Macroaxis provides Azek buy-hold-or-sell recommendation only in the context of selected investment horizon and investor attitude towards risk assumed by holding Azek positions. The advice algorithm takes into account all of Azek's available fundamental, technical, and predictive indicators you will find on this site. Key drivers impacting Azek's buy or sell advice are summarized below:
Real Value 44.44 | Target Price 36.82 | Hype Value 45.26 | Market Value 44.72 | Naive Value 43.02 |
A buy or sell recommendation provided by Macroaxis is an automated directive regarding whether to purchase or sell Azek Company given historical horizon and risk tolerance towards Azek. When Macroaxis issues a 'buy' or 'sell' recommendation for Azek Company, the advice is generated through an automated system that utilizes algorithms and statistical models.
Azek |
Execute Azek Buy or Sell Advice
The Azek recommendation should be used to complement the buy-or-sell advice compiled from the current analysts' consensus on Azek Company. Macroaxis does not own or have any residual interests in Azek Company or other equities on which the buy-or-sell advice is provided. Please provide your input below to execute Azek's advice using the current market data and latest reported fundamentals.
Time Horizon
Risk Tolerance
 |  |
Strong Hold
Market Performance | OK | Details | |
Volatility | Very steady | Details | |
Hype Condition | Low key | Details | |
Current Valuation | Fairly Valued | Details | |
Odds Of Distress | Very Small | Details | |
Economic Sensitivity | Actively responds to the market | Details | |
Investor Sentiment | Alarmed | Details | |
Analyst Consensus | Strong Buy | Details | |
Financial Strenth (F Score) | Healthy | Details | |
Financial Leverage | Inapplicable | Details | |
Reporting Quality (M-Score) | Unlikely Manipulator | Details |
Azek Trading Alerts and Improvement Suggestions
| Azek Company is unlikely to experience financial distress in the next 2 years | |
| Over 98.0% of the company shares are held by institutions such as insurance companies | |
| Latest headline from businesswire.com: TimberTech Composite Decking Recognized by Industry and Design Professionals for Performance, Innovation and Sustainability |
Azek Returns Distribution Density
The distribution of Azek's historical returns is an attempt to chart the uncertainty of Azek's future price movements. The chart of the probability distribution of Azek daily returns describes the distribution of returns around its average expected value. We use Azek Company price's Value At Risk and its Upside Potential as a relative measure of the distribution. The graph of the distribution of Azek returns is essential to provide solid investment advice for Azek.
| Mean Return | 0.32 | Value At Risk | -2.18 | Potential Upside | 2.69 | Standard Deviation | 2.33 |
Return Density |
| Distribution |
Investment risk management requires an estimate of the probability of extreme price changes. Therefore, the correct representation of the distribution of Azek historical returns presented in an easy-to-digest graphical form helps investors and money managers understand the risk-reward trade-off of different investement strategies.
Azek Stock Institutional Investors
Have you ever been surprised when a price of an equity instrument such as Azek is soaring high without any particular reason? This is usually happening because many institutional investors are aggressively trading Azek Company backward and forwards among themselves. Azek's institutional investor refers to the entity that pools money to purchase Azek's securities or originates loans. Institutional investors include commercial and private banks, credit unions, insurance companies, pension funds, hedge funds, endowments, and mutual funds. Operating companies that invest excess capital in these types of assets may also be included in the term and may influence corporate governance by exercising voting rights in their investments.
| Shares | Dimensional Fund Advisors, Inc. | 2023-12-31 | 2.7 M | Loomis, Sayles & Company Lp | 2023-12-31 | 2.5 M | Jpmorgan Chase & Co | 2023-12-31 | 2.4 M | American Century Companies Inc | 2023-12-31 | 2.3 M | State Street Corporation | 2023-12-31 | 2.3 M | Wasatch Advisors Inc. | 2023-12-31 | 2.2 M | Geode Capital Management, Llc | 2023-12-31 | 2.2 M | Impax Asset Management Group Plc | 2023-12-31 | 2 M | Brown Advisory Holdings Inc | 2023-12-31 | 1.9 M | Vanguard Group Inc | 2023-12-31 | 13.1 M | Wellington Management Company Llp | 2023-12-31 | 12.2 M |
Azek Cash Flow Accounts
| 2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
| Net Borrowings | (661.3M) | (1.9M) | 124.0M | (8.6M) | (7.8M) | (8.1M) | |
| Capital Expenditures | 95.6M | 175.1M | 172.4M | 88.5M | 101.8M | 89.8M | |
| Change To Netincome | 153.0M | 52.2M | 53.3M | 13.4M | 15.4M | 14.6M | |
| Change To Inventory | (12.1M) | (58.8M) | (97.5M) | 78.7M | 90.5M | 95.0M | |
| Change In Cash | 109.1M | 35.5M | (129.7M) | 157.5M | 181.1M | 190.2M | |
| Depreciation | 99.8M | 101.6M | 118.5M | 132.5M | 152.4M | 101.4M | |
| Net Income | (122.2M) | 93.2M | 75.2M | 68.0M | 78.1M | 82.1M | |
| End Period Cash Flow | 215.0M | 250.5M | 120.8M | 278.3M | 320.1M | 181.5M | |
| Investments | (113.8M) | (175.1M) | (280.2M) | (88.5M) | (101.8M) | (106.9M) | |
| Free Cash Flow | 2.8M | 32.6M | (66.6M) | 274.0M | 315.1M | 330.9M | |
| Other Non Cash Items | 46.0M | 4.4M | 6.1M | 4.3M | 3.9M | 3.7M |
Azek Greeks
Most traded equities are subject to two types of risk - systematic (i.e., market) and unsystematic (i.e., nonmarket or company-specific) risk. Unsystematic risk is the risk that events specific to Azek or Building Products sector will adversely affect the stock's price. This type of risk can be diversified away by owning several different stocks in different industries whose stock prices have shown a small correlation to each other. On the other hand, systematic risk is the risk that Azek's price will be affected by overall stock market movements and cannot be diversified away. So, no matter how many positions you have, you cannot eliminate market risk. However, you can measure a Azek stock's historical response to market movements and buy it if you are comfortable with its volatility direction. Beta and standard deviation are two commonly used measures to help you make the right decision.
α | Alpha over NYSE Composite | 0.20 | |
β | Beta against NYSE Composite | 1.99 | |
σ | Overall volatility | 2.36 | |
Ir | Information ratio | 0.11 |
Azek Volatility Alert
Azek Company has relatively low volatility with skewness of 3.48 and kurtosis of 20.81. Understanding different market volatility trends often help investors to time the market. Properly using volatility indicators enable traders to measure Azek's stock risk against market volatility during both bullish and bearish trends. The higher level of volatility that comes with bear markets can directly impact Azek's stock price while adding stress to investors as they watch their shares' value plummet. This usually forces investors to rebalance their portfolios by buying different financial instruments as prices fall.Azek Fundamentals Vs Peers
Comparing Azek's fundamentals to the average values of its peers is one of the most widely used and accepted methods of equity analyses. It helps to analyze Azek's direct or indirect competition across all of the common fundamentals between Azek and the related equities. This way, we can detect undervalued stocks with similar characteristics as Azek or determine the stocks which would be an excellent addition to an existing portfolio. Peer analysis of Azek's fundamental indicators could also be used in its relative valuation, which is a method of valuing Azek by comparing valuation metrics with those of similar companies.
| Better Than Average | Worse Than Average | Compare Azek to competition |
| Fundamentals | Azek | Peer Average |
| Return On Equity | 0.0862 | -0.31 |
| Return On Asset | 0.0465 | -0.14 |
| Profit Margin | 0.09 % | (1.27) % |
| Operating Margin | 0.06 % | (5.51) % |
| Current Valuation | 7.06 B | 16.62 B |
| Shares Outstanding | 145.83 M | 571.82 M |
| Shares Owned By Insiders | 1.72 % | 10.09 % |
| Shares Owned By Institutions | 98.28 % | 39.21 % |
| Number Of Shares Shorted | 4.32 M | 4.71 M |
| Price To Earning | 31.47 X | 28.72 X |
| Price To Book | 5.07 X | 9.51 X |
| Price To Sales | 4.95 X | 11.42 X |
| Revenue | 1.37 B | 9.43 B |
| Gross Profit | 437.79 M | 27.38 B |
| EBITDA | 263.72 M | 3.9 B |
| Net Income | 67.95 M | 570.98 M |
| Cash And Equivalents | 159.62 M | 2.7 B |
| Cash Per Share | 1.05 X | 5.01 X |
| Total Debt | 586.26 M | 5.32 B |
| Debt To Equity | 0.46 % | 48.70 % |
| Current Ratio | 2.96 X | 2.16 X |
| Book Value Per Share | 9.32 X | 1.93 K |
| Cash Flow From Operations | 362.54 M | 971.22 M |
| Short Ratio | 3.28 X | 4.00 X |
| Earnings Per Share | 0.79 X | 3.12 X |
| Price To Earnings To Growth | 3.54 X | 4.89 X |
| Target Price | 52.35 | |
| Number Of Employees | 2.24 K | 18.84 K |
| Beta | 1.93 | -0.15 |
| Market Capitalization | 6.66 B | 19.03 B |
| Total Asset | 2.37 B | 29.47 B |
| Retained Earnings | (45.05 M) | 9.33 B |
| Working Capital | 387.73 M | 1.48 B |
Note: Acquisition by Michelle Kasson of 106450 shares of Azek at 23.0 subject to Rule 16b-3 [view details]
Azek Market Momentum
Traders often use several daily momentume indicators to supplement a more traditional technical analysis when analyzing securities such as Azek . With many different options, investors must choose the best indicators for them and familiarize themselves with how they work. We suggest combining traditional momentum indicators with more near-term forms of technical analysis such as Accumulation Distribution or Daily Balance Of Power. With their quantitative nature, daily value technical indicators can also be incorporated into your automated trading systems.
| Accumulation Distribution | 47105.03 | |||
| Daily Balance Of Power | (0.40) | |||
| Rate Of Daily Change | 0.99 | |||
| Day Median Price | 44.92 | |||
| Day Typical Price | 44.85 | |||
| Price Action Indicator | (0.48) | |||
| Period Momentum Indicator | (0.57) |
About Azek Buy or Sell Advice
When is the right time to buy or sell Azek Company? Buying financial instruments such as Azek Stock isn't very hard. However, what challenging for most investors is doing it at the right time to beat the market. Proper market timing is something most people cannot do without sophisticated tools, which help to isolate the right opportunities. Macroaxis provides hands-on modules to deliver winning trades and diversify your portfolios on a daily basis. Most of our advising modules are very easy to use and apply.
Please read more on our stock advisor page.| 2021 | 2022 | 2023 | 2024 (projected) | Total Current Liabilities | 182.5M | 195.2M | 224.5M | 143.1M | Other Current Liabilities | 125.0M | 129.1M | 148.4M | 155.9M |
Use Investing Ideas to Build Portfolios
In addition to having Azek in your portfolios, you can quickly add positions using our predefined set of ideas and optimize them against your very unique investing style. A single investing idea is a collection of funds, stocks, ETFs, or cryptocurrencies that are programmatically selected from a pull of investment themes. After you determine your investment opportunity, you can then find an optimal portfolio that will maximize potential returns on the chosen idea or minimize its exposure to market volatility.Did You Try This Idea?
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Check out Azek Analyst Recommendation to compare Macroaxis Buy or Sell Recommendation with the current analyst consensus. To check ratings for multiple equity instruments, please use the Instant Ratings tool. Note that the Azek Company information on this page should be used as a complementary analysis to other Azek's statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try the Piotroski F Score module to get Piotroski F Score based on the binary analysis strategy of nine different fundamentals.
Complementary Tools for Azek Stock analysis
When running Azek's price analysis, check to measure Azek's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Azek is operating at the current time. Most of Azek's value examination focuses on studying past and present price action to predict the probability of Azek's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Azek's price. Additionally, you may evaluate how the addition of Azek to your portfolios can decrease your overall portfolio volatility.
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Is Azek's industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Azek. If investors know Azek will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Azek listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth 0.285 | Earnings Share 0.79 | Revenue Per Share 9.342 | Quarterly Revenue Growth 0.112 | Return On Assets 0.0465 |
The market value of Azek Company is measured differently than its book value, which is the value of Azek that is recorded on the company's balance sheet. Investors also form their own opinion of Azek's value that differs from its market value or its book value, called intrinsic value, which is Azek's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Azek's market value can be influenced by many factors that don't directly affect Azek's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Azek's value and its price as these two are different measures arrived at by different means. Investors typically determine if Azek is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Azek's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.