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AutoZone (AZO) earnings: expect 4% revenue growth

Carla Olson | 8:36 am ET, 15 May 2019

AutoZone (AZO) is announcing earnings on May 21 before market opening. We combed through analyst estimates to understand what the company revenue and earnings are predicted to look like.

What should you expect from the upcoming earnings?

Revenue for the next quarter is expected to be $2.77B, which implies a 4% growth rate year-over-year.

Earnings per share are expected to come in at $15.23. If this materializes, EPS will grow 13% year-over-year.

How did the stock do last month?

Over the last month, AutoZone (AZO) returned -5.62%.

What do analysts say about the stock?

AutoZone (AZO) average analyst price target is 4.01% above its current price ($989.80).

For the latest price and information on AutoZone, please visit Finstead and ask for "AZO", "AZO analysis" or "AZO news".

Disclaimer: The news article above expresses the author’s opinion about the topic of the article. We strongly advise you not to base your investment decisions just on this article alone. If you’d like to become a writer for Finstead Bites, please send us an email at hi@finstead.com.


AutoZone (AZO) stock: still going strong

Carla Olson | 8:48 pm ET, 17 Sep 2018

AutoZone, Inc. (AZO) shares are trading at $747.61.  The company is announcing its quarterly earnings results on Tuesday before the market opens. What's driving AZO stock price? And what should investors know about AutoZone?

AutoZone is a leading retailer and distributor of automotive replacement parts and accessories with 5,540 stores in the U.S. and a total of 6,062 including those in Mexico and Brazil. It benefits from the nationwide presence and a strong brand value.

The bulls are betting on the company because it has solid returns on invested capital, which have averaged 30% in the past five years. On the other hand, a certain portion of investors worries that Amazon might steal the steady revenue stream from AutoZone because it entered the B2B market last year. The company derives around 80% of its revenue from the do-it-yourself market.

The next quarterly results will be released before the market opens on September 18, 2018. For the upcoming earnings, analysts expect the company to earn $17.92 per share on revenue of $3.59 billion.

What is the sentiment towards the AZO stock? Our technical analysis shows that:

  • The stock short-term sentiment (next 30 days) is trending positive;
  • The mid-term sentiment (3-6 months) is trending positive;
  • The long-term sentiment (9-12 months) is positive.

Over the last month, AutoZone, Inc. (AZO) returned +3.52%.

AutoZone, Inc. (AZO) average analyst price target ($759.15) is -0.76% below its current price ($764.98).

For the latest price and information on AutoZone, Inc., please visit Finstead and search for "AZO price" or "AZO news".

Disclaimer: The news article above expresses the author’s opinion about the topic of the article. We strongly advise you not to base your investment decisions just on this article alone. If you’d like to become a writer for Finstead Bites, please send us an email at hi@finstead.com.


AutoZone, Inc. (AZO) Buy or Sell Stock Guide

Updated at: 1:48 am ET, 12 May 2019

Are you looking for the analysis of AutoZone, Inc. (AZO) stock? Are you wondering what the bulls and the bears say about it?

If so, you came to the right place. In this stock guide, we will share with you 5 reasons to buy and 4 reasons to sell AZO stock. You’ll get a perspective on what the bulls and the bears say about it.

The analysis below may be also helpful to you if you have any of the following questions about AZO stock:

  • Is AZO a buy or a sell?
  • Should I sell or hold AZO stock today?
  • Is AZO a good buy / investment?
  • What are AZO analyst opinions, recommendations and ratings?

Let’s start with the bull case. Here are the reasons to buy AZO stock:

1. AutoZone’s leadership in the DIY segment has given the firm a comprehensive national store network which the firm can leverage to quickly build commercial sales.

2. Price takes a back seat to differentiation on the basis of service across the industry (especially convenience and part availability), which limits competition despite high margins.

3. We do not anticipate Amazon’s efforts to expand in automotive-parts retail will materially disrupt incumbent retailers, as we expect their high service levels will be difficult to replicate and should continue to command a premium price.

4. AZO profitability is improving. The YoY profit margin change was 0.16percentage points. See AZO profitability chart.

5. AZO average analyst rating is Buy. See AZO analyst rating chart.

Now that you understand the bull case, let’s look at the reasons to sell AZO stock (i.e., the bear case):

1. Vehicles are becoming more complex, limiting repairs that a motorist can execute independently; if drivers move away from DIY repairs, AutoZone could suffer as it relies on such revenues for about 80% of sales.

2. The dearth of large, professional-focused retailers available for acquisition will force AutoZone to grow its commercial sales organically, which could take time as relationships take years to develop.

3. Many of AutoZone’s locations were built to cater to DIY customers, limiting their ability to draw professional clients due to their distance from repair shops.

4. AZO quarterly revenue growth was 1.60%, lower than the industry and sector average revenue growth (4.67% and 4.40%, respectively). See AZO revenue growth chart.

Now let's look at the key statistics for AZO:

Metrics AZO
Price $1,052.08
Average Price Target / Upside $1,029.53 / -2.14%
Average Analyst Rating Buy
Industry Specialty Retail
Sector Consumer Cyclical
Number of Employees 90,000
Market Cap $24.63B
Forward P/E Ratio 15.31
Price/Book Ratio 2.18
PEG 1.28
Revenue (TTM) $11.31B
YoY Quarterly Revenue Growth 1.6%
Profit Margin 12.49%

What are your thoughts on AZO?

If you liked this analysis, check out Buy or Sell Stock Guides for other stocks.

Disclaimer: The news article above expresses the author’s opinion about the topic of the article. We strongly advise you not to base your investment decisions just on this article alone. If you’d like to become a writer for Finstead Bites, please send us an email at hi@finstead.com.


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