Core Insights - AutoZone Inc. experienced a Power Inflow at 10:31 AM ET on September 4th, indicating a shift from net selling to net buying, which is a positive signal for investors [1][2] - The trading price at the time of the Power Inflow was $3118.71, with subsequent returns of +1.5% at the high price of $3166.83 and +1.4% at the close price of $3161.19 [5] Order Flow Analytics - Order flow analytics involves analyzing order volumes from both retail and institutional traders, focusing on buy and sell orders to generate actionable insights [3][4] - A Power Inflow typically occurs within the first two hours of market opening and serves as an indicator of the likely trend for the stock throughout the day [4] Trading Strategy Implications - The Power Inflow is viewed as a potential start of an uptrend in AutoZone stock, presenting opportunities for investors to profit from anticipated price rises [2][5] - Incorporating order flow analytics into trading strategies can help market participants evaluate market dynamics and uncover trading opportunities [4]

The near-term outlook of Zacks Automotive - Retail and Wholesale - Parts industry is being influenced by various factors. The aging vehicle fleet is leading to increased demand for replacement parts as consumers. Also, vehicle sales have remained resilient, benefiting industry participants, with expectations of growth as financing costs will potentially decline as the Fed is set to cut rates soon. However, the industry is navigating challenges, including the shift away from DIY repairs due to the complexity ...

Power Inflow alert came at 10:41 EDT and the stock hit its high of the day at 1:02 EDTToday, TradePulse’s latest Power Inflow alert indicated institutional volume is coming into AutoZone Inc. AZO, signaling a shift from net selling to buying. This shift is a key indicator of rising investor confidence and the potential for an uptrend in AZO’s stock.At 10:41 AM ET on August 29th, AZO registered a Power Inflow at a price of $3200.11. Following this signal, the stock reached its high point at 1:02 EDT, climbin ...

MEMPHIS, Tenn., Aug. 28, 2024 (GLOBE NEWSWIRE) -- AutoZone, Inc. (NYSE: AZO), the leading retailer and distributor of automotive replacement parts and accessories in the Americas, will release results for its fourth quarter ended Saturday, August 31, 2024, before market open on Tuesday, September 24, 2024. Additionally, the Company will host a one-hour conference call on Tuesday, September 24, 2024, beginning at 10:00 a.m. (ET), to discuss the results of the quarter. This call is being webcast and can be ac ...

Company Performance - AutoZone (AZO) closed at $3,157.10, reflecting a +1.01% change from the previous day, outperforming the S&P 500's loss of 0.32% [1] - Over the past month, AutoZone shares increased by 1.14%, underperforming the Retail-Wholesale sector's gain of 2.72% and the S&P 500's gain of 1.52% [1] - The upcoming EPS for AutoZone is projected at $53.61, indicating a 15.39% increase year-over-year, with revenue expected to reach $6.2 billion, a 9.03% increase compared to the same quarter last year [1] Fiscal Year Estimates - For the entire fiscal year, earnings are estimated at $151.37 per share and revenue at $18.5 billion, reflecting changes of +14.36% and +5.97% respectively from the previous year [2] - Recent analyst estimate revisions suggest a favorable outlook on AutoZone's business health and profitability [2] Valuation Metrics - AutoZone has a Zacks Rank of 3 (Hold), with a Forward P/E ratio of 20.65, which is lower than the industry's average Forward P/E of 23.9 [3] - The current PEG ratio for AutoZone is 1.57, compared to the average PEG ratio of 1.66 for Automotive - Retail and Wholesale - Parts stocks [3] Industry Overview - The Automotive - Retail and Wholesale - Parts industry is part of the Retail-Wholesale sector, currently holding a Zacks Industry Rank of 194, placing it in the bottom 24% of over 250 industries [4] - The Zacks Industry Rank indicates that the top 50% rated industries outperform the bottom half by a factor of 2 to 1 [4]

With share prices above $1,000, these three stocks all look primed for a split.Stock splits attract a lot of attention among investors.While they don't change the fundamentals of a stock, they do act as a signal from management that it expects the stock to keep moving higher. That's because stock splits represent milestones in a stock's growth, and they make the price of an individual share cheaper, making it more affordable for retail investors.There's also some evidence that stocks outperform after a stoc ...

When deciding whether to buy, sell, or hold a stock, investors often rely on analyst recommendations. Media reports about rating changes by these brokerage-firm-employed (or sell-side) analysts often influence a stock's price, but are they really important?Let's take a look at what these Wall Street heavyweights have to say about AutoZone (AZO) before we discuss the reliability of brokerage recommendations and how to use them to your advantage.AutoZone currently has an average brokerage recommendation (ABR) ...

Group 1 - AutoZone closed at $3,172.18, with a -1.27% change from the previous day, underperforming the S&P 500's gain of 0.97% [1] - Over the past month, AutoZone shares appreciated by 8.9%, outperforming the Retail-Wholesale sector's loss of 2.12% and the S&P 500's loss of 1.85% [1] - The upcoming earnings release is expected to show an EPS of $53.61, a 15.39% increase year-over-year, with quarterly revenue anticipated at $6.2 billion, up 9.03% from the previous year [1] Group 2 - For the fiscal year, earnings are projected at $151.37 per share and revenue at $18.5 billion, reflecting increases of +14.36% and +5.97% respectively from the prior year [1] - Recent revisions to analyst forecasts for AutoZone can indicate short-term business trends, with upward revisions suggesting positive sentiment towards the company's profitability [2] - The Zacks Rank system, which ranges from 1 (Strong Buy) to 5 (Strong Sell), currently ranks AutoZone at 3 (Hold) [2] Group 3 - AutoZone's Forward P/E ratio is 21.23, indicating a discount compared to the industry's Forward P/E of 23.99 [3] - The PEG ratio for AutoZone is 1.61, which is comparable to the industry average PEG ratio of 1.62 [3] - The Automotive - Retail and Wholesale - Parts industry ranks in the bottom 34% of all industries, with a Zacks Industry Rank of 168 [3]

Economic Indicators - Several key indicators suggest a potential recession for the U.S. economy in 2025, including the inverted yield curve and the Sahm Rule recession indicator [1][2] - The Sahm Rule indicates a recession when the 3-month moving average of the unemployment rate rises 0.5 percentage points or more from its low in the previous 12 months, which has never triggered a false alarm since the 1970s [1] Company Analysis - **McDonald's (MCD)**: Historically resilient during downturns, McDonald's stock rose during the 2008 recession and the 2020 COVID shock. The company has launched a $5 value meal to attract cost-conscious customers, with a consensus rating of "Moderate Buy" and a price target of $302 [3][4] - **Church & Dwight (CHD)**: Reported strong Q2 2024 results with 4.7% organic sales growth. The company is considered stable and consistent, with a reasonable valuation around $100 per share and a 1.1% dividend yield [5][6] - **AutoZone (AZO)**: Positioned to benefit from the aging U.S. vehicle fleet, AutoZone reported earnings per share of $36.69, beating estimates. The stock has outperformed the retail sector, rising nearly 10% over the past month [7][8] - **Berkshire Hathaway (BRK-A, BRK-B)**: Warren Buffett has sold over $75 billion in equities in Q2 2024, increasing Berkshire's cash pile to $276.9 billion. The company’s operating earnings rose 15% in Q2, indicating robust performance despite market downturns [9] - **Flowers Foods (FLO)**: Despite a recent stock decline of 8.4%, Flowers Foods reported a 2.8% year-over-year sales growth to $1.58 billion. The company is expected to earn $1.25 per share in fiscal 2024, with a 4.2% dividend yield [10][11][12] - **Coca-Cola (KO)**: Reported 15% organic revenue growth and 7% comparable EPS growth in Q2 2024, raising its full-year guidance. The stock has a 2.8% dividend yield and remains a resilient choice for a defensive portfolio [13][14] - **Procter & Gamble (PG)**: Achieved 4% organic sales growth and 12% core EPS growth in Q4 2024. The company’s products are considered essential, making it a reliable investment during economic downturns, with a 2.36% dividend yield [15][16]

In the latest trading session, AutoZone (AZO) closed at $3,119.59, marking a +0.23% move from the previous day. The stock lagged the S&P 500's daily gain of 1.04%. Meanwhile, the Dow gained 0.76%, and the Nasdaq, a tech-heavy index, added 1.03%.The auto parts retailer's shares have seen an increase of 9.73% over the last month, surpassing the Retail-Wholesale sector's loss of 8.36% and the S&P 500's loss of 6.74%.The investment community will be closely monitoring the performance of AutoZone in its forthcom ...