AutoZone (AZO) Stock Slides as Market Rises: Facts to Know Before You Trade

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]