AutoZone(AZO)

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Genuine Parts 2.8% Yield And A Look At AutoZone, Advance Auto Parts And O'Reilly
Seeking Alpha· 2024-10-17 13:41
Consumer cyclical / discretionary sector is where these 4 auto part companies reside. The largest and most wellknown are listed in the chart below. The following abbreviations are used: Macro Trading Factory is a macro-driven service, run by a team of experienced investment managers. The service offers two portfolios: "Funds Macro Portfolio" & "Rose's Income Garden"; both aim to outperform the SPY on a risk-adjusted basis, in a relaxed manner. Suitable for those who either have little time/knowledge/desire ...
AutoZone (AZO) Suffers a Larger Drop Than the General Market: Key Insights
ZACKS· 2024-10-15 23:06
AutoZone (AZO) ended the recent trading session at $3,100, demonstrating a -1.68% swing from the preceding day's closing price. The stock's change was less than the S&P 500's daily loss of 0.76%. Meanwhile, the Dow lost 0.75%, and the Nasdaq, a tech-heavy index, lost 1.01%. Coming into today, shares of the auto parts retailer had gained 1.68% in the past month. In that same time, the Retail-Wholesale sector gained 3.42%, while the S&P 500 gained 4.31%. The upcoming earnings release of AutoZone will be of gr ...
AutoZone (AZO) Outperforms Broader Market: What You Need to Know
ZACKS· 2024-10-09 23:05
AutoZone (AZO) closed the latest trading day at $3,146.07, indicating a +1.42% change from the previous session's end. This change outpaced the S&P 500's 0.71% gain on the day. Meanwhile, the Dow gained 1.03%, and the Nasdaq, a tech-heavy index, added 0.6%.The auto parts retailer's shares have seen a decrease of 0.96% over the last month, not keeping up with the Retail-Wholesale sector's gain of 8.01% and the S&P 500's gain of 6.41%.Analysts and investors alike will be keeping a close eye on the performance ...
AutoZone: Buy On Weakness Pattern (Technical Analysis)
Seeking Alpha· 2024-10-03 13:16
Analyst’s Disclosure: I/we have no stock, option or similar derivative position in any of the companies mentioned, but may initiate a beneficial Long position through a purchase of the stock, or the purchase of call options or similar derivatives in AZO over the next 72 hours. I wrote this article myself, and it expresses my own opinions. I am not receiving compensation for it (other than from Seeking Alpha). I have no business relationship with any company whose stock is mentioned in this article. Disclaim ...
AZO Stock Declines 2.69% Amid Broader Retail Sector Weakness
Gurufocus· 2024-10-02 20:13
AutoZone (AZO, Financial) experienced a sharp stock decline of 2.69%, bringing the price to $3087.55 per share with a trading volume of 66,201 shares and a turnover rate of 0.39%. The stock exhibited a volatility of 3.12%. Recent financial reports reveal that AutoZone achieved revenues of $18.49 billion, with a net profit of $2.662 billion. The earnings per share stood at $153.82, gross profit at $9.817 billion, and a price-to-earnings ratio of 20.73. In terms of institutional ratings, out of 26 institution ...
Why AutoZone Stock Could Be Your Next Top Performer
MarketBeat· 2024-09-26 11:00
AutoZone TodayAZOAutoZone$3,108.97 +65.00 (+2.14%) 52-Week Range$2,375.35▼$3,256.37P/E Ratio21.50Price Target$3,169.38Add to WatchlistWhen companies announce their quarterly earnings results, they can often get sucked into the market's price action for that day, especially if other news or economic data come in to trump the importance of the quarterly release for that stock. That is the case today with shares of AutoZone Inc. NYSE: AZO, as the company reported its latest quarterly results on a day when U.S. ...
Tradepulse Power Inflow Alert: Autozone Inc. Climbs Over 100 Points After Signal
Benzinga· 2024-09-25 16:10
STOCK RISES QUICKLY AFTER THE SIGNAL AT 10:17 AM AND HITS THE HIGH OF THE DAY AT 10:55 AM EDTToday, TradePulse’s latest Power Inflow alert indicated institutional volume is coming into AutoZone Inc. AZO, signaling a shift from net selling to buying. This shift is a key indicator of rising investor confidence and the potential for an uptrend in AZO’s stock.At 10:17 AM ET on SEPTEMBER 24th, AZO registered a Power Inflow at a price of $2987.80. Following this signal, the stock reached its high point at 10:55 A ...
AutoZone Q4 Earnings Miss Expectations, Sales Increase Y/Y
ZACKS· 2024-09-25 15:05
AutoZone Inc. (AZO) reported earnings of $48.11 per share for fourth-quarter fiscal 2024 (ended Aug. 31, 2024), up 3.5% year over year. However, earnings missed the Zacks Consensus Estimate of $53.31 per share. Net sales grew 9% year over year to $6.20 billion. The top line surpassed the Zacks Consensus Estimate of $6.18 billion.In the reported quarter, domestic commercial sales totaled $1.66 billion, up from $1.50 billion recorded in the year-ago period. Domestic same-store sales (sales at stores open at l ...
Wall Street Analysts Think AutoZone (AZO) Is a Good Investment: Is It?
ZACKS· 2024-09-25 14:31
The recommendations of Wall Street analysts are often relied on by investors when deciding whether to buy, sell, or hold a stock. Media reports about these brokerage-firm-employed (or sell-side) analysts changing their ratings often affect a stock's price. Do they really matter, though?Let's take a look at what these Wall Street heavyweights have to say about AutoZone (AZO) before we discuss the reliability of brokerage recommendations and how to use them to your advantage.AutoZone currently has an average ...
AutoZone: Likely To Remain A Long-Term Winner
Seeking Alpha· 2024-09-25 10:30
AutoZone, Inc. (NYSE: AZO ) has been a terrific investment over the last 10 years, outperforming the S&P 500 ( SPY ) thanks to excellent capital allocation. Using FCF to aggressively buy back shares has really paid My primary area of concentration will be on identifying companies of exceptional caliber, with a proven ability to reinvest capital for impressive returns. Targeting those with a market capitalization of less than $10 billion, affords ample opportunities for growth. The ideal scenario is for thes ...