|Bid||0.00 x 1100|
|Ask||0.00 x 800|
|Day's Range||124.41 - 126.24|
|52 Week Range||78.81 - 138.23|
|PE Ratio (TTM)||19.46|
|Forward Dividend & Yield||0.24 (0.23%)|
|1y Target Est||N/A|
AutoZone’s (AZO) results are mainly divided into two business segments: retail, or DIY (do-it-yourself), and commercial, or DIFM (do-it-for-me). The DIY segment yields wider margins than DIFM. Let’s take a look how the DIY segment performed in the third fiscal quarter and other key decisions AutoZone has made recently.
In the previous part of this series, we looked at Advance Auto Parts’ (AAP) first-quarter sales. In 2017, the company implemented an availability transformation program in 600 of its stores to improve parts availability and customers’ in-store experience. Let’s take a look now at Advance Auto Parts’ margins in the first quarter.
AutoZone (AZO), the top US auto part retailer by store count, released its fiscal third-quarter (ended May 5) results on May 22. In the quarter, the company’s adjusted EPS rose 17.3% YoY (year-over-year) to $13.42 from $11.44, beating analysts’ estimate of $12.97.
Advanced Auto Parts (AAP) sells auto parts and accessories primarily in the United States, Puerto Rico, Canada, and the US Virgin Islands. It provides auto parts to DIY (do-it-yourself) customers and offers professional installation services.
Advance Auto Parts (AAP), the third-largest US auto parts retailer by the number of stores, released its fiscal first-quarter earnings on May 22. The earnings release covers the 16 weeks that ended on April 21.
One important metric to look for in a stock is an 80 or higher Relative Strength Rating. Advance Auto Parts (AAP) just hit that mark, with a jump from 79 to 82 Friday. Advance Auto Parts is within a buying range after clearing a 120.20 entry in a double bottom.
With an intention to challenge the dominance of local Chinese players, many foreign automakers collaborate with China's national companies to offer new energy vehicles.
A Relative Strength Rating upgrade for Advance Auto Parts shows improving technical performance. Will it continue?
An unexpected jump in fuel prices during the latest quarter gummed up the supply chain and tapped the brakes on profitability at Advance Auto Parts Inc., said interim finance chief Jeffrey Shepard. Higher energy costs were among the lead pressures that reduced the company’s gross profit margin by 54 basis points, Mr. Shepard said, speaking on the company’s conference call. “Biggest drivers of our supply chain headwind were related to transportation costs due to higher fuel prices, as well as the expected costs related to the new distribution centers opened in the second half of 2017,” said Mr. Shepard, who has filled in as CFO since the April departure of Tom Okray.
The largest US auto parts retailer by store count, AutoZone (AZO), released its fiscal Q3 2018 earnings today before the market opened. The company’s third fiscal quarter covered the 12 weeks that ended on May 5. AZO’s third-quarter adjusted earnings rose 17% year-over-year to $13.42 per share, beating Wall Street’s consensus estimates of $12.97 per share.
Advance Auto Parts (AAP) released its fiscal Q1 2018 earnings today before the market opened, which covered the 16 weeks up to April 21. On the negative side, Advance Auto Parts’ first-quarter sales continued to disappoint investors with a negative trend for the third consecutive quarter. In the first quarter, the company’s net sales fell 0.6% year-over-year to $2.87 billion, also worse than Wall Street’s consensus estimates of $2.91 billion.
The deal that would have let Interstate Batteries sell its batteries at nearly 4,900 Advance Auto Parts stores has fallen through, both companies confirmed.
Micron, Advanced Auto Parts, Dunkin Brands, Adobe and Amazon are the companies to watch.
Advance Auto Parts Inc. shares slid 2.5% in premarket trade Tuesday after the company's first-quarter sales fell short of estimates. The car parts retailer said it had net income of $136.7 million, or $1.84 a share, in the quarter, up from $107.9 million, or $1.46 a share, in the year-earlier period.
The Roanoke, Virginia-based company said it had net income of $1.84 per share. Earnings, adjusted for one-time gains and costs, came to $2.10 per share. The results topped Wall Street expectations. The ...
According to Reuters’ latest consensus data, 46% of analysts covering AutoZone (AZO) gave its stock a “buy” recommendation. 50% of these analysts recommended a “hold,” while only one out of the total 24 analysts gave it a “sell” rating. As of May 16, analysts’ consensus target price for AutoZone stock was $774.06 for the next 12 months, which reflected upside potential of about 20% from the market price of $647.93.
So far in this series, we have covered analysts’ estimates for AutoZone’s third-quarter earnings, revenue, and profit margins. Analyst estimates suggest AZO could report positive year-over-year growth in its Q3 2018 earnings and revenues, but its profit margins might disappoint. Now, let’s move on by taking a look at some of the company’s key metrics and ratios before it announces fiscal Q3 2018 results on May 22.
Advance Auto Parts (AAP) is seeing favorable earnings estimate revision activity as of late, which is generally a precursor to an earnings beat.
Previously, we looked at how America’s three major auto part retailers have outperformed the broader market in May 2018 so far. These companies included AutoZone (AZO), O’Reilly Automotive (ORLY), and Advanced Auto Parts (AAP). However, AutoZone was still trading in negative territory on a year-to-date basis. Weakness in the company’s sales growth and mixed profit margins could be two of the primary reasons for investors’ pessimism.
Advance Auto Parts' (AAP) Q1 earnings might beat estimates due to increased winter-related demand in key regions. Also, the company's growing presence is expected to help.
According to the latest consensus compiled by Reuters, 54.0% of analysts covering Advance Auto Parts (AAP) gave its stock “buy” ratings. Another 38.0% of these analysts were recommending a “hold” while the remaining 8.0% analysts suggested a “sell.” These views were based on the consensus of 24 analysts covering the company.
Yahoo Finance's Alexis Christoforous and Jared Blikre break down the latest market action.