AutoZone's consistent revenue growth and aggressive share buybacks make it a long-term compounder, despite recent sales growth deceleration. AZO's sales growth is expected to re-accelerate due to expanding Mega-Hub networks, aging U.S. car fleet, and stabilizing consumer purchasing power. Wall Street projects strong double-digit EPS growth for fiscal 2026 and 2027, supported by an upcoming acceleration in sales and margin improvements.
AutoZone (AZO) reachead $3,239.62 at the closing of the latest trading day, reflecting a -0.36% change compared to its last close.
While the auto parts industry grapples with significant challenges in the DIY segment, ORLY and AZO are poised to capitalize on evolving market dynamics.
AutoZone (AZO) has received quite a bit of attention from Zacks.com users lately. Therefore, it is wise to be aware of the facts that can impact the stock's prospects.
AutoZone (AZO) reported earnings 30 days ago. What's next for the stock?
AutoZone (AZO) closed at $3,250 in the latest trading session, marking a +1.5% move from the prior day.
Recently, Zacks.com users have been paying close attention to AutoZone (AZO). This makes it worthwhile to examine what the stock has in store.
AutoZone (AZO) has received quite a bit of attention from Zacks.com users lately. Therefore, it is wise to be aware of the facts that can impact the stock's prospects.
AZO's price action is bullish, trading above its 30-week EMA and hitting new highs, indicating strong upward momentum. Momentum indicators show both short-term and long-term bullish trends, with the PPO line well above zero and the signal line. Volume analysis reveals institutional buying, especially post-earnings, suggesting smart money confidence in AZO's future performance.
TD Cowen raised the firm's price target on AutoZone to $3,800 from $3,450 and keeps a Buy rating on the shares. The firm expects the company's do-it-for-me compares to reaccelerate over the coming quarters driven by a pick-up in mega-hub openings and delivery speed initiatives. More favorable weather and AutoZone exiting five West Coast markets will be a tailwind which should help offset a softer macro environment, while the company's long-term outlook remains favorable, the analyst tells investors in a research note.
AZO's first-quarter fiscal 2025 earnings and revenues miss the Zacks Consensus Estimate.
AutoZone NYSE: AZO faces headwinds in 2024, but its FQ1 2025/CQ3 2024 results prove why it is a high-caliber buy-and-hold stock. The company sustains growth in difficult times, maintains margin, provides robust cash flow, and pays its shareholders to own it.