AutoZone (AZO) Exceeds Market Returns: Some Facts to Consider

Group 1 - AutoZone's stock closed at $3,459, reflecting a +0.78% change from the previous trading day, outperforming the S&P 500's gain of 0.72% [1] - Over the past month, AutoZone's stock has risen by 4.21%, lagging behind the Retail-Wholesale sector's gain of 6.17% but outperforming the S&P 500's gain of 1.02% [1] Group 2 - AutoZone is expected to report earnings of$ 29.11 per share on March 4, 2025, representing a year-over-year growth of 0.76%, with projected revenue of $3.98 billion, a 3.13% increase compared to the previous year [2] - For the full year, analysts expect earnings of$ 152.94 per share and revenue of $18.79 billion, marking changes of +4.65% and +1.63% respectively from last year [3] Group 3 - Recent changes to analyst estimates for AutoZone indicate a favorable outlook on the company's business health and profitability [4] - The Zacks Rank system, which ranges from 1 (Strong Buy) to 5 (Strong Sell), currently ranks AutoZone at 3 (Hold), with a recent 0.09% decrease in the consensus EPS estimate [6] Group 4 - AutoZone has a Forward P/E ratio of 22.44, which is lower than the industry average of 24.31, indicating that AutoZone is trading at a discount compared to its peers [7] - The company has a PEG ratio of 1.9, which is in line with the average PEG ratio of 1.9 for the Automotive - Retail and Wholesale - Parts industry [8] Group 5 - The Automotive - Retail and Wholesale - Parts industry is part of the Retail-Wholesale sector, holding a Zacks Industry Rank of 68, placing it in the top 28% of over 250 industries [9]