Investors Heavily Search AutoZone, Inc. (AZO): Here is What You Need to Know

Core Viewpoint - AutoZone has shown strong stock performance recently, outperforming both the S&P 500 and its industry peers, raising questions about its future stock trajectory [1] Earnings Estimates Revisions - AutoZone is projected to report earnings of $53.81 per share for the current quarter, reflecting a year-over-year increase of +15.8%, with a slight decrease of -0.6% in the consensus estimate over the last 30 days [2] - The consensus earnings estimate for the current fiscal year stands at $151.57, indicating a year-over-year change of +14.5%, with a minor adjustment of -0.1% in the last month [3] - For the next fiscal year, the earnings estimate is $163.89, showing an increase of +8.1% compared to the previous year, with no change in the estimate over the past month [3] Revenue Growth Projections - The consensus sales estimate for AutoZone is $6.2 billion for the current quarter, representing a year-over-year growth of +9% [5] - For the current fiscal year, revenue estimates are $18.5 billion, indicating a +6% change, while the next fiscal year is projected at $19.04 billion, reflecting a +2.9% change [5] Last Reported Results and Surprise History - In the last reported quarter, AutoZone generated revenues of $4.24 billion, a year-over-year increase of +3.5%, with an EPS of $36.69 compared to $34.12 a year ago [6] - The reported revenues were slightly below the Zacks Consensus Estimate of $4.29 billion, resulting in a revenue surprise of -1.16%, while the EPS exceeded estimates by +2.86% [6] - AutoZone has consistently beaten consensus EPS estimates in the last four quarters and has surpassed revenue estimates three times during this period [7] Valuation Metrics - Valuation analysis is crucial for investment decisions, focusing on whether the current stock price reflects the intrinsic value and growth prospects of the company [8] - AutoZone has a Zacks Value Style Score of B, indicating it is trading at a discount compared to its peers, suggesting potential undervaluation [9] Overall Assessment - The information indicates that AutoZone may perform in line with the broader market in the near term, as reflected by its Zacks Rank 3 [10]