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AutoZone (AZO) Soars 4.0%: Is Further Upside Left in the Stock?
AZOAutoZone(AZO) ZACKS·2025-03-28 09:00

Group 1: AutoZone Performance - AutoZone shares increased by 4% to 3,828.11inthelasttradingsession,withanotabletradingvolumeandan8.53,828.11 in the last trading session, with a notable trading volume and an 8.5% gain over the past four weeks [1] - The stock's surge is attributed to President Trump's 25% tariffs on foreign vehicles, leading consumers to retain their cars longer and increasing demand for auto parts [1] Group 2: Earnings Expectations - AutoZone is expected to report quarterly earnings of 37.07 per share, reflecting a year-over-year increase of 1%, with revenues projected at 4.41billion,up4.24.41 billion, up 4.2% from the previous year [2] - The consensus EPS estimate for AutoZone has been revised down by 3.3% over the last 30 days, indicating a negative trend in earnings estimate revisions, which typically does not lead to price appreciation [3] Group 3: Industry Context - AutoZone is part of the Zacks Automotive - Retail and Wholesale - Parts industry, where Driven Brands Holdings Inc. also operates, having seen a 2.9% increase in its last trading session [3] - Driven Brands Holdings has experienced a significant revision in its EPS estimate, down 34.2% to 0.23, with no change from the previous year's report [4]