AutoZone (AZO) Outperforms Broader Market: What You Need to Know
AutoZone (AZO) reachead $3,146.07 at the closing of the latest trading day, reflecting a +1.42% change compared to its last close.
AutoZone: Buy On Weakness Pattern (Technical Analysis)
AutoZone exhibits a buy-on-weakness pattern, favored by portfolio managers who buy during pullbacks and avoid chasing price spikes. The PM Buy Pattern report identifies stocks with buy-on-weakness signals, though AZO currently lacks this signal post-earnings pop. Both Wall St. and SA analysts rate AZO a Buy, supported by strong Profitability and Momentum, despite weak Valuation and Growth scores.
AZO Stock Declines 2.69% Amid Broader Retail Sector Weakness
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%.
Why AutoZone Stock Could Be Your Next Top Performer
When 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. AZO, as the company reported its latest quarterly results on a day when U.S. consumer confidence readings fell the most in three years.
AutoZone, Inc. (AZO) is Attracting Investor Attention: Here is What You Should Know
Zacks.com users have recently been watching AutoZone (AZO) quite a bit. Thus, it is worth knowing the facts that could determine the stock's prospects.
Why AutoZone Stock Could Be Your Next Top Performer
When 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. consumer confidence readings fell the most in three years.
Tradepulse Power Inflow Alert: Autozone Inc. Climbs Over 100 Points After Signal
STOCK RISES QUICKLY AFTER THE SIGNAL AT 10:17 AM AND HITS THE HIGH OF THE DAY AT 10:55 AM EDT
AutoZone Q4 Earnings Miss Expectations, Sales Increase Y/Y
AZO's fourth-quarter fiscal 2024 earnings miss the Zacks Consensus Estimate while revenues beat the same.
Wall Street Analysts Think AutoZone (AZO) Is a Good Investment: Is It?
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.
AutoZone: Likely To Remain A Long-Term Winner
AutoZone has shown strong historical performance through excellent capital allocation and aggressive share buybacks, despite recent slower revenue growth rates. The company is in a transition phase, focusing on commercial expansion and international growth, particularly in Mexico and Brazil. Despite increased debt, AutoZone's negative cash conversion cycle and shareholder-friendly capital allocation remain positive indicators.
AutoZone, Inc. (AZO) Q4 2024 Earnings Call Transcript
AutoZone, Inc. (NYSE:AZO ) Q4 2024 Earnings Conference Call September 24, 2024 10:00 AM ET Company Participants Brian Campbell - Vice President, Treasurer, Investor Relations & Tax Phil Daniele - Chief Executive Officer Jamere Jackson - Chief Financial Officer Conference Call Participants Simeon Gutman - Morgan Stanley Bret Jordan - Jefferies Chris Horvers - JPMorgan Steven Forbes - Guggenheim Securities Robbie Ohmes - Bank of America Michael Lasser - UBS Michael Baker - D.A. Davidson Zach Fadem - Wells Fargo Brian Campbell Before we begin, please note that today's call includes forward-looking statements that are subject to the safe harbor provisions of the Private Securities Litigation Reform Act of 1995.
Why Autozone Stock Slumped on Tuesday
Autozone missed analysts' expectations on both sales and earnings in its fiscal fourth quarter. Stock buybacks helped the company to grow its earnings per share by 11% in Q4.
