AutoZone (AZO) closed at $3,172.18, down 1.27% from the previous day, underperforming the S&P 500. However, over the past month, its shares have risen by 8.9%, outperforming the sector and S&P 500 losses.
The upcoming earnings release for AutoZone is anticipated to show an EPS of $53.61, a 15.39% increase from the previous year. Analysts predict quarterly revenue of $6.2 billion, a 9.03% rise. For the fiscal year, estimates project earnings of $151.37 per share and revenue of $18.5 billion.
AutoZone’s valuation metrics include a Forward P/E ratio of 21.23, lower than its industry average of 23.99. It also has a PEG ratio of 1.61, slightly below the industry average of 1.62. The Automotive – Retail and Wholesale – Parts industry ranks in the bottom 34% of all industries, with a Zacks Industry Rank of 168.
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Read more at Nasdaq: AutoZone (AZO) Stock Slides as Market Rises: Facts to Know Before You Trade
