AZEK Stock saw the intraday high of $37.18 and lowest of $36.10 per share. The reported $0.29 earnings per share for the quarter, beating analysts' consensus estimates of $0.23 by $0.06. Jul-23-20 07:00AM : The AZEK® Company Inc. It has delivered 17,117 vehicles on a year-to-date basis, 64% higher than in the same period a year earlier. CHICAGO, June 8, 2020 /PRNewswire/ -- CPG Newco LLC (d/b/a The AZEK ® Company) ("AZEK") announced today the launch of its initial public offering of 31,250,000 shares of its Class A common stock following its conversion into a corporation. The initial public offering price is currently expected to be between $19.00 and $21.00 per share of Class A common stock. Jul-07-20 12:30PM : AZEK Debuts "Better Tech, Better Deck" Marketing Campaign. IPO Market Snapshot. Azek Co. Inc. shares soared more than 22% Friday in their trading debut, after the company upsized and priced the deal above its price range. The company’s 52-week high price is 42.16, which means current price is +40.44% above from all time high which was touched on 08/19/20. "Azek has not yet determined the offering price and the number of shares to be offered," the company said in a Jan. 6 news release. As of 2/27/20, the Renaissance IPO Index was up 1.4% year-to-date… In fact, AZEK's largest input is recycled material, which made up 54% of its materials in fiscal 2020. The AZEK ® Company Announces Launch of Public Offering of Class A Common Stock and Partial Release of IPO Lock-Up Restriction. Jun 12, 2020 AZEK Co. Upsized IPO Priced Above Expected Range Dow Jones Newswires; Jun 11, 2020 Coronavirus update: U.S. case tally passes 2 million mark and 21 … Barclays, BofA Securities, Goldman Sachs & Co. LLC and Jefferies are acting as joint lead book-running managers for the offering. The underwriters will have a 30-day option to purchase an additional 4,687,500 shares of Class A common stock from AZEK at the initial public offering price, less underwriting discounts and commissions. The AZEK Company Inc. Initially, the company set a date of 2020 to go public. AZEK has also been approved to list its stock on the New York Stock Exchange under the ticker symbol "AZEK." The AZEK last announced its quarterly earnings data on December 2nd, 2020. That was narrower than the $20.8 million loss posted in the year-earlier period. The AZEK Company Announces Fourth Quarter and Full Year Fiscal 2020 Financial Results . New IPO Azek In Buy Zone. With a high-profile clientele and a strong valuation, Palantir Technologies Inc. is one of our Top 6 IPOs to watch in 2020. There are ten operating company IPOs scheduled for the week ending December 11, 2020. CHICAGO, June 11, 2020 /PRNewswire/ -- The AZEK Company Inc. (formerly CPG Newco LLC) ("AZEK") announced today the pricing of its initial public offering of … AZEK Azek Company Inc. Q4 2020. The AZEK® Company Announces Launch of Public Offering of Class A Common Stock and Partial Release of IPO Lock-Up Restriction The AZEK Company Inc. (NYSE: AZEK) ("AZEK" or the “Company”) announced today the launch of an underwritten public offering of 25,000,000 shares of its Class A common stock to be offered by certain of its selling stockholders. Azek is a manufacturer of outdoor living products such as decks and railings utilizing engineered materials rather than wood. Investor's Business Daily Video. Azek makes non-wood decking, trim and other outdoor supplies from recycled material for residential and commercial customers. The AZEK Company Inc. (NYSE: AZEK) The AZEK ® Company Announces Launch of Public Offering of Class A Common Stock and Partial Release of IPO … The prospectus did not give a time frame for the IPO, spell out share-price details nor list how much money the Azek expects to raise. Sales rose to $411.6 million from $357.4 million. (AZEK) raised $626 million in an IPO on Friday, June 12th 2020. Dec 3, 2020 « KR Kroger Co Q3 2020; XTC Exco Technologies Limited Q4 2020 » + Google Calendar + iCal Export. The selling stockholders intend to grant the underwriters a 30-day option to purchase an additional 3,750,000 shares of Class A common stock. Compared to the average trading volume of 934.99K shares, AZEK reached a trading volume … - Renaissance Capital The firm earned $263.90 million during the quarter, compared to analyst estimates of $247.22 million. Azek reversed from record highs but still above a 33.85 buy point from an IPO base. Azek Co. will raise approximately $ 765 million in the first public offering of the week. New IPO Azek In Buy Zone. February 12, 2020 SEC Filing. The AZEK Company engages in manufacturing and selling building products for residential, commercial, and industrial markets in the United States. Business Wire. For the fiscal year ended March 31, AZEK had revenue of $848 million. The Azek Thesis: The hopes of a COVID-19 vaccine may have a negative impact on the shares of “perceived virus beneficiaries” like Azek, Lovallo said in the Thursday downgrade note. ENT> EX-99.1 2 d62964dex991.htm EX-99.1 EX-99.1. The AZEK Company Inc. (NYSE: AZEK) ("AZEK" or … Eight companies are expected to see their 180-day shareholder sale lockup periods expire. Details Date: Dec 3, 2020 Time: … Report: AZEK Files for IPO with the SEC. Jul-10-20 05:44PM : Analysts Press the Buy Button on These 3 Stocks. 2. d62964dex991.htm EX-99.1 Zoom In Zoom Out. But with the recent push to raise private funds, that could be pushed back to 2022 or 2023 at the earliest. The company raised about $765 million in the biggest initial public offering of the week. December 3, 2020 . Here are 5 things to know about Azek: It’s loss-making, but peers are making money . On February 7, 2020, CPG Newco, LLC, filed a S-1 Registration Statement under The Securities Act of 1933. Azek’s main rival is Trex Inc. TREX, +0.26%, according to Renaissance Capital, a provider of institutional research and IPO ETFs. The initial public offering price is currently expected to be between $19.00 and $21.00 per share of Class A common stock. Announces Fiscal Third Quarter 2020 Earnings Release and Investor Conference Call on August 13, 2020. Business Wire. Azek posted a net loss of $5.8 million for the first six months of fiscal 2020 through March 31. The Renaissance IPO Indices are market cap weighted baskets of newly public companies. IPO; Leisure & Entertainment; Other Industries; Research Summary; Retail; Technology; AlphaGraphs; Earnings Transcripts; Earnings Calls ; Earnings Calendar; Earnings Calendar « All Events. The AZEK Company Inc. (NYSE: AZEK) ("AZEK" or the “Company”) announced today the launch of an underwritten public offering of 25,000,000 shares of its Class A common stock to be offered by certain of its selling stockholders. The company issued 31,300,000 shares at $19.00-$21.00 per share. Late Thursday, the company valued its IPO at $ 23 per share, above its expected range of $ 19 to $ 21 each, offering 33.25 million shares to raise $ 764.8 million. Everything you need to know about the The AZEK Company IPO including Offer Price, Filed Date, IPO Date, Offer Shares, Dealsize and Underwriters. TipRanks. Initial Public Offering Chicago, Ill., Feb. 7, 2020 – CPG Newco LLC (d/b/a The AZEK® Company) (“AZEK”) announced today that it has filed a registration statement on Form S-1 with the U.S. Securities and Exchange Commission relating to a proposed initial public offering of shares of its Class A Delivery Date: AZEK will pay the vested portion of the Cash Award to the Grantee no later than 30 days after the applicable Vesting Date (or, if earlier, the date on which the Cash Award vests in connection with a qualifying termination of the Grantee’s Employment as provided above), subject to applicable tax withholding. This event has passed. Date: December 3, 2020 : By: /s/ Ralph Nicoletti : Ralph Nicoletti : Senior Vice President and Chief Financial Officer . NYSE: AZEK: IPO Date: June 12, 2020: Description. The AZEK Company Inc. stock is now 36.28% up from its year-to-date (YTD) trading value. 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