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On The Fly
Fly Insider: PVH, Autonation among week's notable insider trades » 16:06
09/12/22
09/12
16:06
09/12/22
16:06
AMH

American Homes 4 Rent

$37.39 /

+0.33 (+0.89%)

, CRK

Comstock Resources

$19.85 /

+1.09 (+5.81%)

, PVH

PVH Corp.

$61.22 /

+0.625 (+1.03%)

, DKL

Delek Logistics

$60.83 /

-0.19 (-0.31%)

, AZEK

Azek

$19.94 /

+0.19 (+0.96%)

, AN

AutoNation

$116.80 /

-0.84 (-0.71%)

, CHPT

ChargePoint

$18.24 /

+0.545 (+3.08%)

, DAWN

Day One Biopharmaceuticals

$25.89 /

+0.29 (+1.13%)

Welcome to "Fly Insider,"…

ShowHide Related Items >><<
PVH PVH Corp.
$61.22 /

+0.625 (+1.03%)

DKL Delek Logistics
$60.83 /

-0.19 (-0.31%)

DAWN Day One Biopharmaceuticals
$25.89 /

+0.29 (+1.13%)

CHPT ChargePoint
$18.24 /

+0.545 (+3.08%)

AZEK Azek
$19.94 /

+0.19 (+0.96%)

AN AutoNation
$116.80 /

-0.84 (-0.71%)

AMH American Homes 4 Rent
$37.39 /

+0.33 (+0.89%)

AMH American Homes 4 Rent
$37.39 /

+0.33 (+0.89%)

07/26/22 Barclays
American Homes 4 Rent price target lowered to $44 from $49 at Barclays
07/18/22 Oppenheimer
American Homes 4 Rent initiated with a Perform at Oppenheimer
07/15/22 Morgan Stanley
American Homes 4 Rent price target lowered to $37.50 from $39 at Morgan Stanley
07/08/22 Capital One
American Homes 4 Rent initiated with an Overweight at Capital One
CRK Comstock Resources
$19.85 /

+1.09 (+5.81%)

09/12/22 Stifel
Comstock Resources price target raised to $27, added to 'Select List' at Stifel
07/22/22 Piper Sandler
Comstock Resources upgraded to Neutral from Underweight at Piper Sandler
07/21/22 Citi
Comstock Resources assumed with a Buy at Citi
07/20/22 MKM Partners
Comstock Resources assumed with a Neutral at MKM Partners
PVH PVH Corp.
$61.22 /

+0.625 (+1.03%)

09/02/22 Deutsche Bank
PVH Corp. price target lowered to $72 from $99 at Deutsche Bank
09/02/22 Morgan Stanley
PVH Corp. price target lowered to $51 from $83 at Morgan Stanley
09/02/22 Barclays
PVH Corp. price target lowered to $60 from $87 at Barclays
08/31/22 Guggenheim
PVH Corp. price target lowered to $105 from $130 at Guggenheim
DKL Delek Logistics
$60.83 /

-0.19 (-0.31%)

11/10/21 Wells Fargo
Delek Logistics price target raised to $47 from $40 at Wells Fargo
AZEK Azek
$19.94 /

+0.19 (+0.96%)

08/17/22 Deutsche Bank
Armstrong World, Trex among Deutsche Bank's top building products picks
08/17/22 Deutsche Bank
Azek initiated with a Buy at Deutsche Bank
08/08/22 B. Riley
Azek price target lowered to $26 from $29 at B. Riley
08/08/22 Wedbush
Wedbush downgrades Azek to Neutral, lowers price target to $21
AN AutoNation
$116.80 /

-0.84 (-0.71%)

09/09/22 BofA
AutoNation price target lowered to $238 from $250 at BofA
08/23/22 Argus
Argus starts AutoNation at Buy, sees technology boosting sales and margins
08/23/22 Argus
AutoNation initiated with a Buy at Argus
07/25/22 Seaport Global
AutoNation upgraded to Buy from Neutral at Seaport Global
CHPT ChargePoint
$18.24 /

+0.545 (+3.08%)

09/07/22 Credit Suisse
ChargePoint initiated with an Outperform at Credit Suisse
08/31/22 Oppenheimer
ChargePoint results strong despite supply headwinds, says Oppenheimer
08/31/22 JPMorgan
ChargePoint leadership remains underappreciated, says JPMorgan
08/23/22 JPMorgan
ChargePoint price target raised to $20 from $18 at JPMorgan
DAWN Day One Biopharmaceuticals
$25.89 /

+0.29 (+1.13%)

06/20/22 Piper Sandler
Day One Biopharmaceuticals price target raised to $40 from $35 at Piper Sandler
06/13/22 Wedbush
Day One Biopharmaceuticals price target raised to $35 from $32 at Wedbush
06/13/22 Piper Sandler
Piper reiterates $35 target on Day One after 'new high mark' data
06/13/22 JPMorgan
JPMorgan sees Day One shares moving to mid-teens, low-$20s on data
PVH PVH Corp.
$61.22 /

+0.625 (+1.03%)

DAWN Day One Biopharmaceuticals
$25.89 /

+0.29 (+1.13%)

CRK Comstock Resources
$19.85 /

+1.09 (+5.81%)

CHPT ChargePoint
$18.24 /

+0.545 (+3.08%)

AZEK Azek
$19.94 /

+0.19 (+0.96%)

AN AutoNation
$116.80 /

-0.84 (-0.71%)

AMH American Homes 4 Rent
$37.39 /

+0.33 (+0.89%)

  • 15
    Jun
  • 20
    Jan
PVH PVH Corp.
$61.22 /

+0.625 (+1.03%)

DAWN Day One Biopharmaceuticals
$25.89 /

+0.29 (+1.13%)

CRK Comstock Resources
$19.85 /

+1.09 (+5.81%)

CHPT ChargePoint
$18.24 /

+0.545 (+3.08%)

AZEK Azek
$19.94 /

+0.19 (+0.96%)

AN AutoNation
$116.80 /

-0.84 (-0.71%)

AMH American Homes 4 Rent
$37.39 /

+0.33 (+0.89%)

PVH PVH Corp.
$61.22 /

+0.625 (+1.03%)

DAWN Day One Biopharmaceuticals
$25.89 /

+0.29 (+1.13%)

CRK Comstock Resources
$19.85 /

+1.09 (+5.81%)

CHPT ChargePoint
$18.24 /

+0.545 (+3.08%)

Hot Stocks
Azek director Hendrickson acquires 27,145 class A shares » 16:09
09/02/22
09/02
16:09
09/02/22
16:09
AZEK

Azek

$18.04 /

-0.25 (-1.37%)

In a regulatory filing,…

In a regulatory filing, Azek director Gary Hendrickson disclosed the purchase of 27,145 class A common shares of the company on September 2 at a price of $18.47 per share.

ShowHide Related Items >><<
AZEK Azek
$18.04 /

-0.25 (-1.37%)

AZEK Azek
$18.04 /

-0.25 (-1.37%)

08/17/22 Deutsche Bank
Armstrong World, Trex among Deutsche Bank's top building products picks
08/17/22 Deutsche Bank
Azek initiated with a Buy at Deutsche Bank
08/08/22 B. Riley
Azek price target lowered to $26 from $29 at B. Riley
08/08/22 Wedbush
Wedbush downgrades Azek to Neutral, lowers price target to $21
AZEK Azek
$18.04 /

-0.25 (-1.37%)

AZEK Azek
$18.04 /

-0.25 (-1.37%)

Over a month ago
Initiation
Armstrong World, Trex among Deutsche Bank's top building products picks » 16:38
08/17/22
08/17
16:38
08/17/22
16:38
AWI

Armstrong World

$93.53 /

-0.79 (-0.84%)

, CNM

Core & Main

$24.22 /

-0.3 (-1.22%)

, FBHS

Fortune Brands

$68.31 /

-1.705 (-2.44%)

, TREX

Trex Company

$53.58 /

-3.27 (-5.75%)

, AZEK

Azek

$21.34 /

-1.21 (-5.37%)

, BECN

Beacon

$60.38 /

-1.2 (-1.95%)

, BLDR

Builders FirstSource

$66.98 /

-2.26 (-3.26%)

, DOOR

Masonite

$91.02 /

-1.98 (-2.13%)

, PGTI

PGT Innovations

$22.08 /

-0.455 (-2.02%)

, SITE

SiteOne Landscape

$139.15 /

-2.08 (-1.47%)

, WMS

Advanced Drainage

$143.71 /

-9.52 (-6.21%)

, WTS

Watts Water

$154.06 /

-1 (-0.64%)

, AMWD

American Woodmark

$53.77 /

+0.12 (+0.22%)

Deutsche Bank analyst Joe…

Deutsche Bank analyst Joe Ahlersmeyer initiated coverage of 22 building products stocks, stating that he "hates to use the phrase, but it truly is different this time" as he pushes back on fears that demand and home prices will see a sustained, severe decline similar to what was seen in the mid-2000's. Housing supply decoupled from demand in the mid-2000s and a cumulative shortfall "measured in the millions of units" must be addressed, contends Ahlersmeyer in his research note on the group. Though it is too early to know what happens with demand and inventories into next year, he thinks many across the sector "can muster up strong earnings growth yet again in 2023, said the analyst, who adds that he is bullish on renovation and remodeling and that composite decking "aligns very well" with his favorable views. In that context, Ahlersmeyer identifies Armstrong World (AWI), Core & Main (CNM), Fortune Brands (FBHS) and Trex Company (TREX) as his top picks in the group and starts all four at Buy. He additionally assigns Buy ratings to Azek (AZEK), Beacon Roofing (BECN), Builders FirstSource (BLDR), Masonite (DOOR), PGT Innovations (PGTI), SiteOne (SITE), Advanced Drainage (WMS) and Watts Water (WTS). Ahlersmeyer places a Sell rating on American Woodmark (AMWD).

ShowHide Related Items >><<
WTS Watts Water
$154.06 /

-1 (-0.64%)

WMS Advanced Drainage
$143.71 /

-9.52 (-6.21%)

TREX Trex Company
$53.58 /

-3.27 (-5.75%)

SITE SiteOne Landscape
$139.15 /

-2.08 (-1.47%)

PGTI PGT Innovations
$22.08 /

-0.455 (-2.02%)

FBHS Fortune Brands
$68.31 /

-1.705 (-2.44%)

DOOR Masonite
$91.02 /

-1.98 (-2.13%)

CNM Core & Main
$24.22 /

-0.3 (-1.22%)

BLDR Builders FirstSource
$66.98 /

-2.26 (-3.26%)

BECN Beacon
$60.38 /

-1.2 (-1.95%)

AZEK Azek
$21.34 /

-1.21 (-5.37%)

AWI Armstrong World
$93.53 /

-0.79 (-0.84%)

AWI Armstrong World
$93.53 /

-0.79 (-0.84%)

08/17/22 Deutsche Bank
Armstrong World initiated with a Buy at Deutsche Bank
07/13/22 Goldman Sachs
Armstrong World upgraded to Buy from Neutral at Goldman Sachs
06/16/22 Loop Capital
Armstrong World upgraded to Buy at Loop Capital yesterday on valuation
06/15/22 Loop Capital
Armstrong World upgraded to Buy from Hold at Loop Capital
CNM Core & Main
$24.22 /

-0.3 (-1.22%)

08/17/22 Deutsche Bank
Core & Main initiated with a Buy at Deutsche Bank
07/14/22 Barclays
Core & Main price target lowered to $28 from $29 at Barclays
06/17/22 Barclays
Core & Main price target lowered to $29 from $34 at Barclays
06/16/22 Truist
Core & Main price target lowered to $25 from $28 at Truist
FBHS Fortune Brands
$68.31 /

-1.705 (-2.44%)

08/17/22 Deutsche Bank
Fortune Brands initiated with a Buy at Deutsche Bank
07/29/22 BMO Capital
Fortune Brands price target lowered to $90 from $115 at BMO Capital
07/15/22 JPMorgan
Fortune Brands price target lowered to $77 from $84 at JPMorgan
06/28/22 Wells Fargo
Fortune Brands price target lowered to $66 from $76 at Wells Fargo
TREX Trex Company
$53.58 /

-3.27 (-5.75%)

08/17/22 Deutsche Bank
Trex Company initiated with a Buy at Deutsche Bank
08/09/22 DA Davidson
Trex Company price target lowered to $58 from $67 at DA Davidson
08/09/22 B. Riley
Trex Company should be bought on earnings selloff, says B. Riley
08/09/22 Stifel
Trex Company price target lowered to $68 from $77 at Stifel
AZEK Azek
$21.34 /

-1.21 (-5.37%)

08/17/22 Deutsche Bank
Azek initiated with a Buy at Deutsche Bank
08/08/22 B. Riley
Azek price target lowered to $26 from $29 at B. Riley
08/08/22 Wedbush
Wedbush downgrades Azek to Neutral, lowers price target to $21
08/08/22 Stephens
Azek price target raised to $26 from $20 at Stephens
BECN Beacon
$60.38 /

-1.2 (-1.95%)

08/17/22 Deutsche Bank
Beacon initiated with a Buy at Deutsche Bank
07/19/22 William Blair
William Blair downgrades Beacon on peak gross margin concerns
07/19/22 William Blair
Beacon downgraded to Market Perform from Outperform at William Blair
07/15/22 JPMorgan
Beacon price target lowered to $59 from $66 at JPMorgan
BLDR Builders FirstSource
$66.98 /

-2.26 (-3.26%)

08/17/22 Deutsche Bank
Builders FirstSource initiated with a Buy at Deutsche Bank
08/03/22 Stifel
Builders FirstSource price target raised to $92 from $87 at Stifel
08/02/22 B. Riley
Builders FirstSource price target raised to $75 from $71 at B. Riley
08/02/22 Truist
Builders FirstSource price target raised to $85 from $78 at Truist
DOOR Masonite
$91.02 /

-1.98 (-2.13%)

08/17/22 Deutsche Bank
Masonite initiated with a Buy at Deutsche Bank
08/10/22 RBC Capital
Masonite price target raised to $99 from $90 at RBC Capital
08/10/22 Baird
Masonite price target raised to $104 from $102 at Baird
07/15/22 JPMorgan
Masonite price target lowered to $93 from $110 at JPMorgan
PGTI PGT Innovations
$22.08 /

-0.455 (-2.02%)

08/17/22 Deutsche Bank
PGT Innovations initiated with a Buy at Deutsche Bank
07/15/22 JPMorgan
PGT Innovations price target lowered to $19 from $22 at JPMorgan
04/20/22 JPMorgan
PGT Innovations price target lowered to $19 from $21.50 at JPMorgan
03/30/22 JPMorgan
PGT Innovations price target lowered to $21.50 from $26 at JPMorgan
SITE SiteOne Landscape
$139.15 /

-2.08 (-1.47%)

08/17/22 Deutsche Bank
SiteOne Landscape initiated with a Buy at Deutsche Bank
07/14/22 Baird
Baird downgrades trio of industrial distribution stocks on recession risk
07/14/22 Barclays
SiteOne Landscape price target lowered to $145 from $161 at Barclays
07/14/22 Baird
SiteOne Landscape downgraded to Neutral from Outperform at Baird
WMS Advanced Drainage
$143.71 /

-9.52 (-6.21%)

08/17/22 Deutsche Bank
Advanced Drainage initiated with a Buy at Deutsche Bank
08/05/22 Baird
Advanced Drainage price target raised to $170 from $119 at Baird
08/05/22 Barclays
Advanced Drainage price target raised to $164 from $135 at Barclays
07/14/22 Barclays
Advanced Drainage price target lowered to $135 from $138 at Barclays
WTS Watts Water
$154.06 /

-1 (-0.64%)

08/17/22 Deutsche Bank
Watts Water initiated with a Buy at Deutsche Bank
07/20/22 Stifel
Watts Water price target lowered to $130 from $141 at Stifel
07/18/22 Northcoast
Watts Water initiated with a Neutral at Northcoast (Friday)
06/28/22 Cowen
Watts Water price target lowered to $120 from $130 at Cowen
AMWD American Woodmark
$53.77 /

+0.12 (+0.22%)

08/17/22 Deutsche Bank
American Woodmark initiated with a Sell at Deutsche Bank
03/23/22 Loop Capital
American Woodmark cut to Hold at Loop Capital on headwinds for cabinet makers
03/23/22 Loop Capital
American Woodmark downgraded to Hold from Buy at Loop Capital
02/17/22 Baird
American Woodmark price target lowered to $70 from $75
WTS Watts Water
$154.06 /

-1 (-0.64%)

WMS Advanced Drainage
$143.71 /

-9.52 (-6.21%)

TREX Trex Company
$53.58 /

-3.27 (-5.75%)

SITE SiteOne Landscape
$139.15 /

-2.08 (-1.47%)

PGTI PGT Innovations
$22.08 /

-0.455 (-2.02%)

FBHS Fortune Brands
$68.31 /

-1.705 (-2.44%)

DOOR Masonite
$91.02 /

-1.98 (-2.13%)

CNM Core & Main
$24.22 /

-0.3 (-1.22%)

BLDR Builders FirstSource
$66.98 /

-2.26 (-3.26%)

BECN Beacon
$60.38 /

-1.2 (-1.95%)

AZEK Azek
$21.34 /

-1.21 (-5.37%)

AWI Armstrong World
$93.53 /

-0.79 (-0.84%)

AMWD American Woodmark
$53.77 /

+0.12 (+0.22%)

  • 06
    Jan
  • 15
    Sep
FBHS Fortune Brands
$68.31 /

-1.705 (-2.44%)

TREX Trex Company
$53.58 /

-3.27 (-5.75%)

SITE SiteOne Landscape
$139.15 /

-2.08 (-1.47%)

FBHS Fortune Brands
$68.31 /

-1.705 (-2.44%)

CNM Core & Main
$24.22 /

-0.3 (-1.22%)

BLDR Builders FirstSource
$66.98 /

-2.26 (-3.26%)

BECN Beacon
$60.38 /

-1.2 (-1.95%)

AZEK Azek
$21.34 /

-1.21 (-5.37%)

AWI Armstrong World
$93.53 /

-0.79 (-0.84%)

AMWD American Woodmark
$53.77 /

+0.12 (+0.22%)

Initiation
Azek initiated with a Buy at Deutsche Bank » 16:24
08/17/22
08/17
16:24
08/17/22
16:24
AZEK

Azek

$21.34 /

-1.21 (-5.37%)

Deutsche Bank analyst…

Deutsche Bank analyst Joseph Ahlersmeyer initiated coverage of Azek with a Buy rating and $29 price target.

ShowHide Related Items >><<
AZEK Azek
$21.34 /

-1.21 (-5.37%)

AZEK Azek
$21.34 /

-1.21 (-5.37%)

08/08/22 B. Riley
Azek price target lowered to $26 from $29 at B. Riley
08/08/22 Wedbush
Wedbush downgrades Azek to Neutral, lowers price target to $21
08/08/22 Stephens
Azek price target raised to $26 from $20 at Stephens
08/08/22 Wedbush
Azek downgraded to Neutral from Outperform at Wedbush
AZEK Azek
$21.34 /

-1.21 (-5.37%)

AZEK Azek
$21.34 /

-1.21 (-5.37%)

Recommendations
Azek price target lowered to $26 from $29 at B. Riley » 09:29
08/08/22
08/08
09:29
08/08/22
09:29
AZEK

Azek

$21.46 /

+1.05 (+5.14%)

B. Riley analyst Alex…

B. Riley analyst Alex Rygiel lowered the firm's price target on Azek to $26 from $29 and keeps a Buy rating on the shares post the fiscal Q3 results. The recent economic and interest rate concerns have resulted in a re-calibration in inventory of Azek's customers and a moderation in demand, Rygiel tells investors in a research note. Despite the near-term inventory/demand challenges, the analyst continues to believe that Azek can deliver solid organic growth from new products.

ShowHide Related Items >><<
AZEK Azek
$21.46 /

+1.05 (+5.14%)

AZEK Azek
$21.46 /

+1.05 (+5.14%)

08/08/22 Wedbush
Wedbush downgrades Azek to Neutral, lowers price target to $21
08/08/22 Stephens
Azek price target raised to $26 from $20 at Stephens
08/08/22 Wedbush
Azek downgraded to Neutral from Outperform at Wedbush
07/15/22 JPMorgan
Azek price target lowered to $24 from $27 at JPMorgan
AZEK Azek
$21.46 /

+1.05 (+5.14%)

AZEK Azek
$21.46 /

+1.05 (+5.14%)

Downgrade
Wedbush downgrades Azek to Neutral, lowers price target to $21 » 08:22
08/08/22
08/08
08:22
08/08/22
08:22
AZEK

Azek

$21.46 /

+1.05 (+5.14%)

As previously reported,…

As previously reported, Wedbush analyst Jay McCanless downgraded Azek to Neutral from Outperform with a price target of $21, down from $24. The analyst notes Azek missed estimates and reduced guidance for the second quarter in a row in Q3. A potentially overstuffed sales channel and a sales headwind from last year's product load-in may produce difficult sales comps for the next two quarters, McCanless adds. Management anticipates the channel de-stocking may be a $90M headwind to sales over the next two quarters with an additional $30M headwind from a product load-in last year. He also finds it hard to understand how Azek can be experiencing slower sales and too much inventory in the channel when remodeling projections and building material sales have been trending positively.

ShowHide Related Items >><<
AZEK Azek
$21.46 /

+1.05 (+5.14%)

AZEK Azek
$21.46 /

+1.05 (+5.14%)

08/08/22 Stephens
Azek price target raised to $26 from $20 at Stephens
08/08/22 Wedbush
Azek downgraded to Neutral from Outperform at Wedbush
07/15/22 JPMorgan
Azek price target lowered to $24 from $27 at JPMorgan
07/14/22 Barclays
Azek price target lowered to $28 from $29 at Barclays
AZEK Azek
$21.46 /

+1.05 (+5.14%)

AZEK Azek
$21.46 /

+1.05 (+5.14%)

Recommendations
Azek price target raised to $26 from $20 at Stephens » 06:52
08/08/22
08/08
06:52
08/08/22
06:52
AZEK

Azek

$21.46 /

+1.05 (+5.14%)

Stephens analyst Trey…

Stephens analyst Trey Grooms raised the firm's price target on Azek to $26 from $20 and keeps an Overweight rating on the shares. Azek reported a "solid quarter," but significantly reduced their Q4 outlook as the channel continues to de-stock at an accelerating pace in light of moderating end-market demand, noted Grooms. Azek was "a clear beneficiary of COVID trends" that is now seeing the reversal of these tailwinds, but he feels the valuation is reflecting this and the longer-term growth and margin improvement story is still intact, added Grooms.

ShowHide Related Items >><<
AZEK Azek
$21.46 /

+1.05 (+5.14%)

AZEK Azek
$21.46 /

+1.05 (+5.14%)

08/08/22 Wedbush
Azek downgraded to Neutral from Outperform at Wedbush
07/15/22 JPMorgan
Azek price target lowered to $24 from $27 at JPMorgan
07/14/22 Barclays
Azek price target lowered to $28 from $29 at Barclays
AZEK Azek
$21.46 /

+1.05 (+5.14%)

AZEK Azek
$21.46 /

+1.05 (+5.14%)

Downgrade
Azek downgraded to Neutral from Outperform at Wedbush » 06:41
08/08/22
08/08
06:41
08/08/22
06:41
AZEK

Azek

$21.46 /

+1.05 (+5.14%)

Wedbush analyst Jay…

Wedbush analyst Jay McCanless downgraded Azek to Neutral from Outperform with a $21 price target.

ShowHide Related Items >><<
AZEK Azek
$21.46 /

+1.05 (+5.14%)

AZEK Azek
$21.46 /

+1.05 (+5.14%)

07/15/22 JPMorgan
Azek price target lowered to $24 from $27 at JPMorgan
07/14/22 Barclays
Azek price target lowered to $28 from $29 at Barclays
07/13/22 Goldman Sachs
Azek downgraded to Buy from Conviction Buy at Goldman Sachs
06/17/22 BofA
Azek upgraded to Buy at BofA following analyst day
AZEK Azek
$21.46 /

+1.05 (+5.14%)

AZEK Azek
$21.46 /

+1.05 (+5.14%)

Earnings
Azek reports Q3 EPS 29c, consensus 25c » 07:48
08/04/22
08/04
07:48
08/04/22
07:48
AZEK

Azek

$20.32 /

-0.025 (-0.12%)

Reports Q3 revenue $395M,…

Reports Q3 revenue $395M, consensus $383.71M.Adjusted EBITDA increased 19.0% year over year to $86.5M. "We delivered another strong quarter of net sales growth, led by solid in-season demand, and Adjusted EBITDA growth, including outperformance in our margins driven by our operational execution and recycling initiatives, combined with pricing actions offsetting material inflation," said Jesse Singh, AZEK's Chief Executive Officer. "We saw continued demand from our channel partners, sustained contractor backlogs and positive sell through over a strong comparable period in 2021. Our contractors continue to be busy and consumer interest in our TimberTech decking is driving strong digital lead and sample order activity growth," commented Mr. Singh. "As we move into fiscal Q4, we have seen some signs of demand moderation versus the prior year and our service levels have returned to historical norms, as we have benefited from increased capacity and improved operational execution. We saw the channel begin to recalibrate late in the third quarter and we are working with our dealer and distributor partners to reduce their inventory levels primarily in fiscal Q4 2022 and into fiscal Q1 2023. We believe this will better position AZEK and our channel partners to drive continued expansion of our market position in fiscal year 2023. We are proactively managing the business from a cost and capital perspective and will remain nimble in our execution while maintaining focus on delivering our long-term growth and margin expansion goals," continued Mr. Singh.

ShowHide Related Items >><<
AZEK Azek
$20.32 /

-0.025 (-0.12%)

AZEK Azek
$20.32 /

-0.025 (-0.12%)

07/15/22 JPMorgan
Azek price target lowered to $24 from $27 at JPMorgan
07/14/22 Barclays
Azek price target lowered to $28 from $29 at Barclays
07/13/22 Goldman Sachs
Azek downgraded to Buy from Conviction Buy at Goldman Sachs
06/17/22 BofA
Azek upgraded to Buy at BofA following analyst day
AZEK Azek
$20.32 /

-0.025 (-0.12%)

AZEK Azek
$20.32 /

-0.025 (-0.12%)

Earnings
Hillman Solutions reaffirms FY22 revenue $1.5B-$1.6B, consensus $1.55B » 07:43
08/03/22
08/03
07:43
08/03/22
07:43
HLMN

Hillman Solutions

$10.27 /

-0.115 (-1.11%)

Sees FY22 Adjusted EBITDA…

Sees FY22 Adjusted EBITDA to be in the range of $207 million to $227 million. FY22 Free Cash Flow is projected to be in a range of $120 million to $130 million.

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HLMN Hillman Solutions
$10.27 /

-0.115 (-1.11%)

HLMN Hillman Solutions
$10.27 /

-0.115 (-1.11%)

07/14/22 Barclays
Hillman Solutions price target lowered to $11 from $15 at Barclays
04/22/22 Barclays
Hillman Solutions initiated with an Overweight at Barclays
09/21/21 CJS Securities
Hillman Solutions Corp. initiated with an Outperform at CJS Securities
08/25/21 Baird
Hillman Solutions Corp. weakness a buying opportunity, says Baird
HLMN Hillman Solutions
$10.27 /

-0.115 (-1.11%)

  • 13
    Apr
HLMN Hillman Solutions
$10.27 /

-0.115 (-1.11%)

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