AutoZone (AZO) was a big mover last session on higher-than-average trading volume. The latest trend in earnings estimate revisions might not help the stock continue moving higher in the near term.
Shares of auto-parts retailers are jumping even as car manufacturers tumble in response to President Donald Trump's unexpectedly severe 25% tariffs on foreign autos.
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.
It's official! As of the closing bell on March 13, the benchmark S&P 500 (^GSPC 2.13%), which is comprised of 500 of the most-influential businesses traded on U.S. stock exchanges, had entered correction territory.
Market momentum clearly shifted in late February as the S&P 500 NYSEARCA: SPY began to sell off. The shift is caused by increased uncertainty related to Trump's tariffs and policy changes and a growing risk of a recession.
Many high-flying stocks have nosedived over the past week, and stock splits are no longer in the spotlight.
Investors looking to get into Autozone NYSE: AZO on a deep pullback may have a long time to wait. This must-have buy-and-hold company's FQ2 2025 earnings results underscore its quality and potential, leading analysts to raise their price targets and lead the market higher.
Several analysts boosted the price forecast for AutoZone, Inc. AZO following second-quarter results reported on Tuesday.
AutoZone, Inc. (NYSE:AZO ) Q2 2025 Earnings Conference Call March 4, 2025 10:00 AM ET Company Participants Brian Campbell - VP, Treasurer, IR and Tax Phil Daniele - CEO Jamere Jackson - CFO Conference Call Participants Bret Jordan - Jefferies Christian Carlino - JPMorgan Zach Fadem - Wells Fargo Seth Basham - Wedbush Securities Mark Jordan - Goldman Sachs Steve Forbes - Guggenheim David Bellinger - Mizuho Securities Josh Young - Truist Securities Brian Nagel - Oppenheimer Operator Good day, everyone, and welcome to AutoZone's 2025 Second Quarter Earnings Release Conference Call. At this time, all participants have been placed on a listen-only mode.
AZO's second-quarter earnings and revenues miss the Zacks Consensus Estimate. However, revenues rise year over year.
AutoZone's (AZO) fiscal second-quarter profit declined year-over-year and missed expectations before the bell Tuesday, even as revenue grew.
The headline numbers for AutoZone (AZO) give insight into how the company performed in the quarter ended February 2025, but it may be worthwhile to compare some of its key metrics to Wall Street estimates and the year-ago actuals.