|Bid||625.66 x 800|
|Ask||0.00 x 1000|
|Day's Range||682.84 - 695.91|
|52 Week Range||491.13 - 797.89|
|PE Ratio (TTM)||13.95|
|Earnings Date||Sep 17, 2018 - Sep 21, 2018|
|Forward Dividend & Yield||N/A (N/A)|
|1y Target Est||734.56|
LONDON, UK / ACCESSWIRE / June 22, 2018 /If you want access to our free earnings report on AutoZone, Inc. (NYSE: AZO), all you need to do is sign up now by clicking the following link www.active-investors.com/registration-sg/?symbol=AZO. The Company reported its financial results on May 22, 2018, for the third quarter of the fiscal year 2018 (Q3 FY18). For the third quarter ended May 05, 2018, AutoZone's revenues improved 1.6% to $2.66 billion compared to $2.62 billion in the third quarter of the fiscal year 2018.
AutoZone (AZO) reported earnings 30 days ago. What's next for the stock? We take a look at earnings estimates for some clues.
Jefferies will hold its first Consumer of the Future conference later this year in New York, but the firm released some initial findings on the subject Wednesday. Some common themes that we've explored extensively here make an appearance, including convenience: Two thirds of consumers say that they are most likely to repurchase from a brand that makes it easy for them to use their products. More than a third--35%--of consumers say that trust is an important attribute when choosing a brand, but only 64% believe that brands are authentic and transparent.
AutoZone (AZO) raises sales through increased focus on core businesses and store openings. However, continuous rise in capital and operating expenses is a concern.
Let's see if AutoZone, Inc. (AZO) stock is a good choice for value-oriented investors right now, or if investors subscribing to this methodology should look elsewhere for top picks.
Of the analysts covering AutoZone (AZO), O’Reilly Automotive (ORLY), and Advance Auto Parts (AAP) on June 6, about 46%, 68%, and 54% recommended “buy,” respectively, and 50%, 32%, and 38% recommended “hold.” Approximately 4% and 8% recommended “sell” for AZO and AAP, respectively, while none recommended “sell” for ORLY.
Stock Research Monitor: AAP, AZO, and ORLY LONDON, UK / ACCESSWIRE / June 13, 2018 / If you want a free Stock Review on MGA sign up now at www.wallstequities.com/registration . On Tuesday, June 12, 2018, ...
It’s been a pretty good year for major auto parts retailers. Advance Auto Parts (AAP) and O’Reilly Automotive (ORLY) are both beating the S&P 500 in 2018. Only AutoZone (AZO) is in the red, though it’s ...
AutoZone (AZO), O’Reilly Automotive (ORLY), and Advance Auto Parts (AAP), the top three US auto part retailers, have seen their stock reach all-time highs in the last three years. In 2017, these companies largely struggled with softening sales growth, which took a toll on their stock. This year, ORLY and AAP have recovered, while AZO has stayed in negative territory. Let’s take a closer look.
The last change in the short interest score occurred more than 1 month ago and implies that there has been little change in sentiment among investors who seek to profit from falling equity prices. Index (PMI) data, output in the Consumer Services sector is rising.
MEMPHIS, Tenn., May 31, 2018-- AutoZone recognized 14 of its top suppliers at the annual AutoZone Vendor Summit on May 15, 2018, in Memphis, Tenn. Each company was selected for demonstrating exceptional ...
MEMPHIS, Tenn., May 31, 2018-- AutoZone, Inc. today announced the company will sponsor the #14 Trey Hutchens race car in the upcoming Memphis 150 presented by AutoZone on Saturday, June 2 at Memphis International ...
So far in this series, we’ve covered AutoZone’s (AZO) fiscal third-quarter sales, profit margins, debt position, and valuation multiples. Currently, 46% of analysts covering the stock recommend “buy,” as discussed in the previous part. Also, AZO’s valuation multiples are lower than those of peers (XLY) O’Reilly Automotive (ORLY), and Advance Auto Parts (AAP). While valuation multiples help investors make informed investment decisions, technical support and resistance levels are also crucial in timing entry and exit from a stock.
According to Reuters, of the 24 analysts covering AutoZone stock (AZO) 46% recommend “buy,” 50% recommend “hold,” and 4% recommend “sell.” Analysts’ consensus 12-month target price of $729 implies a good upside potential of ~17.2% based on its May 23 market price of $622.09.
Valuation multiples are widely used in the auto industry to compare businesses that are similar in nature in terms of size, financials or business model. AutoZone’s (AZO) forward valuation multiples can be compared with those of peers O’Reilly Automotive (ORLY) and Advance Auto Parts (AAP).
As we’ve discussed, AutoZone’s (AZO) results were unable to boost investors’ confidence despite positive growth in earnings and sales. In general, the company has a stable business model with lower investment requirements to drive growth than auto manufacturing. Let’s see what analysts expect for AutoZone’s upcoming earnings.
In the fiscal third quarter, AutoZone’s net-debt-to-EBITDA ratio was 7.6x, marking a fall YoY (year-over-year) from 8.1x and sequentially from 9.9x. The company’s total debt fell 3.8% YoY to $5.0 billion from $5.2 billion.
According to the latest data compiled by Reuters, 54% of the 24 analysts covering Advance Auto Parts (AAP) have recommended a “buy” for the stock. According to consensus data, AAP stock has a potential to reach $124.39 in the next 12 months. Interestingly, there have been no major changes recently in analysts’ ratings for AAP stock.
In the previous two parts, we looked at how AutoZone’s (AZO) key business segments fared in the third fiscal quarter. The company’s focus on improving parts availability and customers’ in-store experience has continued to drive commercial growth. Let’s find out how these factors affected AutoZone’s profitability.
Valuation multiples are commonly used in the automotive and auto industry to compare companies. It’s important to note that we can only use valuation multiples to compare companies that are similar in nature in terms of size or financials.
Previously, we looked at how AutoZone’s (AZO) discontinuation of promotional online ship-to-home discounts affected its retail business in the third fiscal quarter. In this part, we’ll look at its commercial, or DIFM (do-it-for-me) segment.
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.
Tennessee-based AutoZone (AZO) earns its revenue by selling auto parts and accessories primarily in the United States, Puerto Rico, Mexico, and Brazil. In 2016, US auto companies (XLY) General Motors (GM) and Ford (F) benefited from strong US demand for utility vehicles and trucks. This positive trend in US auto demand also boosted growth potential for US auto parts sellers such as AutoZone, Advance Auto Parts (AAP), and O’Reilly Automotive (ORLY). In this part, we’ll look at AutoZone’s fiscal third-quarter revenue.
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.