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Has AutoZone (AZO) Outpaced Other Retail-Wholesale Stocks This Year?

Zacks Equity Research
Dick's (DKS) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.

Investors focused on the Retail-Wholesale space have likely heard of AutoZone (AZO), but is the stock performing well in comparison to the rest of its sector peers? By taking a look at the stock's year-to-date performance in comparison to its Retail-Wholesale peers, we might be able to answer that question.

AutoZone is one of 223 companies in the Retail-Wholesale group. The Retail-Wholesale group currently sits at #8 within the Zacks Sector Rank. The Zacks Sector Rank considers 16 different sector groups. The average Zacks Rank of the individual stocks within the groups is measured, and the sectors are listed from best to worst.

The Zacks Rank is a proven model that highlights a variety of stocks with the right characteristics to outperform the market over the next one to three months. The system emphasizes earnings estimate revisions and favors companies with improving earnings outlooks. AZO is currently sporting a Zacks Rank of #2 (Buy).

Within the past quarter, the Zacks Consensus Estimate for AZO's full-year earnings has moved 4.13% higher. This shows that analyst sentiment has improved and the company's earnings outlook is stronger.

Based on the latest available data, AZO has gained about 26.46% so far this year. Meanwhile, stocks in the Retail-Wholesale group have gained about 16.81% on average. This means that AutoZone is performing better than its sector in terms of year-to-date returns.

Looking more specifically, AZO belongs to the Automotive - Retail and Wholesale - Parts industry, a group that includes 5 individual stocks and currently sits at #52 in the Zacks Industry Rank. This group has gained an average of 19.77% so far this year, so AZO is performing better in this area.

Going forward, investors interested in Retail-Wholesale stocks should continue to pay close attention to AZO as it looks to continue its solid performance.


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