In the latest trading session, AutoZone (AZO) closed at $3,172.05, marking a -1.44% move from the previous day.
AutoZone (AZO) has been one of the stocks most watched by Zacks.com users lately. So, it is worth exploring what lies ahead for the stock.
Genuine Parts Co. is a Dividend King /Champion with a 68-year history of rising dividends, offering a reliable but currently somewhat overvalued investment. AutoZone Inc. and O'Reilly Automotive Inc. are strong growth stocks but are overvalued, making them hold rather than buy candidates. Advance Auto Parts Inc. faces significant challenges with recent earnings struggles and a 2023 dividend cut, making it a speculative and unreliable investment.
AutoZone (AZO) closed the most recent trading day at $3,128.64, moving +0.92% from the previous trading session.
AutoZone (AZO) reachead $3,100 at the closing of the latest trading day, reflecting a -1.68% change compared to its last close.
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) reachead $3,146.07 at the closing of the latest trading day, reflecting a +1.42% change compared to its last close.
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.
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%.
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.
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.
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.