AutoZone(AZO)

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Unveiling AutoZone (AZO) Q4 Outlook: Wall Street Estimates for Key Metrics
ZACKS· 2024-09-19 14:15
Wall Street analysts expect AutoZone (AZO) to post quarterly earnings of $53.61 per share in its upcoming report, which indicates a year-over-year increase of 15.4%. Revenues are expected to be $6.2 billion, up 9% from the year-ago quarter.The current level reflects no revision in the consensus EPS estimate for the quarter over the past 30 days. This demonstrates how the analysts covering the stock have collectively reappraised their initial projections over this period.Ahead of a company's earnings disclos ...
AutoZone (AZO) Stock Declines While Market Improves: Some Information for Investors
ZACKS· 2024-09-17 22:56
In the latest trading session, AutoZone (AZO) closed at $3,078.31, marking a -0.73% move from the previous day. This change lagged the S&P 500's 0.03% gain on the day. On the other hand, the Dow registered a loss of 0.04%, and the technology-centric Nasdaq increased by 0.2%.The auto parts retailer's stock has dropped by 2.24% in the past month, falling short of the Retail-Wholesale sector's gain of 4.37% and the S&P 500's gain of 1.54%.Analysts and investors alike will be keeping a close eye on the performa ...
AutoZone (AZO) Stock Dips While Market Gains: Key Facts
ZACKS· 2024-09-16 23:05
AutoZone (AZO) ended the recent trading session at $3,101.04, demonstrating a -0.71% swing from the preceding day's closing price. The stock's change was less than the S&P 500's daily gain of 0.13%. At the same time, the Dow added 0.55%, and the tech-heavy Nasdaq lost 0.52%.Shares of the auto parts retailer witnessed a loss of 2.79% over the previous month, trailing the performance of the Retail-Wholesale sector with its gain of 8.29% and the S&P 500's gain of 3.67%.Market participants will be closely follo ...
3 Stocks That Could See Rising Demand Based on Latest Jobs Data
MarketBeat· 2024-09-13 11:15
Looking into jobs data isn’t just useful for understanding how strong the general economy is. It can also provide insight into what types of companies might be preparing for increases in the demand for their products and services.Based on this, the data can provide early indications of which firms’ revenues might increase unexpectedly, causing their stock prices to rise. I’ll look at three companies are three different sub-industries where employment has increased drastically over the past month and could s ...
AutoZone (AZO) Ascends But Remains Behind Market: Some Facts to Note
ZACKS· 2024-09-09 22:51
In the latest market close, AutoZone (AZO) reached $3,120.50, with a +0.9% movement compared to the previous day. This change lagged the S&P 500's 1.16% gain on the day. At the same time, the Dow added 1.2%, and the tech-heavy Nasdaq gained 1.16%.Shares of the auto parts retailer witnessed a loss of 0.89% over the previous month, trailing the performance of the Retail-Wholesale sector with its gain of 5.53% and the S&P 500's gain of 3.48%.Analysts and investors alike will be keeping a close eye on the perfo ...
AutoZone (AZO) Is Considered a Good Investment by Brokers: Is That True?
ZACKS· 2024-09-09 14:30
When deciding whether to buy, sell, or hold a stock, investors often rely on analyst recommendations. Media reports about rating changes by these brokerage-firm-employed (or sell-side) analysts often influence a stock's price, but are they really important?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 brokerage recommendation (ABR) ...
Trade Pulse Power Inflow Alert: Autozone Has A Power Inflow Signal And Stock Rises Over 45 Points In Trading Session
Benzinga· 2024-09-05 12:38
Achieves 1.5% Growth Following TradePulse Power Inflow Signal that occurred at 10:31 AM EDTAutoZone AZO experienced a Power Inflow, a crucial event for investors who use order flow analytics in their investment strategies. This Power Inflow shifts from a net selling or distribution phase to a net buying or accumulation environment, illustrating a significant inflow that exceeds outflow. Such a change is commonly viewed as a sign of heightened investor confidence and a short-term uptrend in the stock.At 10:3 ...
2 Large Cap Auto Retail Parts Stocks That Hold Potential
ZACKS· 2024-09-02 13:35
The near-term outlook of Zacks Automotive - Retail and Wholesale - Parts industry is being influenced by various factors. The aging vehicle fleet is leading to increased demand for replacement parts as consumers. Also, vehicle sales have remained resilient, benefiting industry participants, with expectations of growth as financing costs will potentially decline as the Fed is set to cut rates soon. However, the industry is navigating challenges, including the shift away from DIY repairs due to the complexity ...
Trade Pulse Power Inflow Alert: Autozone Inc. Rises Over 29 Points After Power Inflow Alert
Benzinga· 2024-08-30 13:29
Power Inflow alert came at 10:41 EDT and the stock hit its high of the day at 1:02 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 10:41 AM ET on August 29th, AZO registered a Power Inflow at a price of $3200.11. Following this signal, the stock reached its high point at 1:02 EDT, climbin ...
AutoZone to Release Fourth Quarter Fiscal 2024 Earnings September 24, 2024
GlobeNewswire News Room· 2024-08-28 20:30
MEMPHIS, Tenn., Aug. 28, 2024 (GLOBE NEWSWIRE) -- AutoZone, Inc. (NYSE: AZO), the leading retailer and distributor of automotive replacement parts and accessories in the Americas, will release results for its fourth quarter ended Saturday, August 31, 2024, before market open on Tuesday, September 24, 2024. Additionally, the Company will host a one-hour conference call on Tuesday, September 24, 2024, beginning at 10:00 a.m. (ET), to discuss the results of the quarter. This call is being webcast and can be ac ...