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AutoZone (AZO) Stock Slides as Market Rises: Facts to Know Before You Trade
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AutoZone (AZO - Free Report) closed the most recent trading day at $3,540.92, moving -1.48% from the previous trading session. The stock trailed the S&P 500, which registered a daily gain of 0.81%. Meanwhile, the Dow gained 0.73%, and the Nasdaq, a tech-heavy index, added 1.03%.
The auto parts retailer's shares have seen an increase of 1.28% over the last month, not keeping up with the Retail-Wholesale sector's gain of 11.15% and the S&P 500's gain of 9.47%.
Investors will be eagerly watching for the performance of AutoZone in its upcoming earnings disclosure. The company's earnings report is set to be unveiled on May 26, 2026. The company is forecasted to report an EPS of $36.09, showcasing a 2.06% upward movement from the corresponding quarter of the prior year. At the same time, our most recent consensus estimate is projecting a revenue of $4.86 billion, reflecting a 8.8% rise from the equivalent quarter last year.
Regarding the entire year, the Zacks Consensus Estimates forecast earnings of $148.93 per share and revenue of $20.53 billion, indicating changes of +2.8% and +8.38%, respectively, compared to the previous year.
Additionally, investors should keep an eye on any recent revisions to analyst forecasts for AutoZone. Recent revisions tend to reflect the latest near-term business trends. As such, positive estimate revisions reflect analyst optimism about the business and profitability.
Our research demonstrates that these adjustments in estimates directly associate with imminent stock price performance. To take advantage of this, we've established the Zacks Rank, an exclusive model that considers these estimated changes and delivers an operational rating system.
The Zacks Rank system, stretching from #1 (Strong Buy) to #5 (Strong Sell), has a noteworthy track record of outperforming, validated by third-party audits, with stocks rated #1 producing an average annual return of +25% since the year 1988. Over the last 30 days, the Zacks Consensus EPS estimate has moved 0.23% lower. AutoZone is holding a Zacks Rank of #3 (Hold) right now.
Digging into valuation, AutoZone currently has a Forward P/E ratio of 23.38. This valuation marks a premium compared to its industry average Forward P/E of 18.24.
Also, we should mention that AZO has a PEG ratio of 1.78. Comparable to the widely accepted P/E ratio, the PEG ratio also accounts for the company's projected earnings growth. The Automotive - Retail and Wholesale - Parts industry had an average PEG ratio of 1.58 as trading concluded yesterday.
The Automotive - Retail and Wholesale - Parts industry is part of the Retail-Wholesale sector. This industry, currently bearing a Zacks Industry Rank of 173, finds itself in the bottom 30% echelons of all 250+ industries.
The Zacks Industry Rank assesses the vigor of our specific industry groups by computing the average Zacks Rank of the individual stocks incorporated in the groups. Our research shows that the top 50% rated industries outperform the bottom half by a factor of 2 to 1.
Be sure to follow all of these stock-moving metrics, and many more, on Zacks.com.
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AutoZone (AZO) Stock Slides as Market Rises: Facts to Know Before You Trade
AutoZone (AZO - Free Report) closed the most recent trading day at $3,540.92, moving -1.48% from the previous trading session. The stock trailed the S&P 500, which registered a daily gain of 0.81%. Meanwhile, the Dow gained 0.73%, and the Nasdaq, a tech-heavy index, added 1.03%.
The auto parts retailer's shares have seen an increase of 1.28% over the last month, not keeping up with the Retail-Wholesale sector's gain of 11.15% and the S&P 500's gain of 9.47%.
Investors will be eagerly watching for the performance of AutoZone in its upcoming earnings disclosure. The company's earnings report is set to be unveiled on May 26, 2026. The company is forecasted to report an EPS of $36.09, showcasing a 2.06% upward movement from the corresponding quarter of the prior year. At the same time, our most recent consensus estimate is projecting a revenue of $4.86 billion, reflecting a 8.8% rise from the equivalent quarter last year.
Regarding the entire year, the Zacks Consensus Estimates forecast earnings of $148.93 per share and revenue of $20.53 billion, indicating changes of +2.8% and +8.38%, respectively, compared to the previous year.
Additionally, investors should keep an eye on any recent revisions to analyst forecasts for AutoZone. Recent revisions tend to reflect the latest near-term business trends. As such, positive estimate revisions reflect analyst optimism about the business and profitability.
Our research demonstrates that these adjustments in estimates directly associate with imminent stock price performance. To take advantage of this, we've established the Zacks Rank, an exclusive model that considers these estimated changes and delivers an operational rating system.
The Zacks Rank system, stretching from #1 (Strong Buy) to #5 (Strong Sell), has a noteworthy track record of outperforming, validated by third-party audits, with stocks rated #1 producing an average annual return of +25% since the year 1988. Over the last 30 days, the Zacks Consensus EPS estimate has moved 0.23% lower. AutoZone is holding a Zacks Rank of #3 (Hold) right now.
Digging into valuation, AutoZone currently has a Forward P/E ratio of 23.38. This valuation marks a premium compared to its industry average Forward P/E of 18.24.
Also, we should mention that AZO has a PEG ratio of 1.78. Comparable to the widely accepted P/E ratio, the PEG ratio also accounts for the company's projected earnings growth. The Automotive - Retail and Wholesale - Parts industry had an average PEG ratio of 1.58 as trading concluded yesterday.
The Automotive - Retail and Wholesale - Parts industry is part of the Retail-Wholesale sector. This industry, currently bearing a Zacks Industry Rank of 173, finds itself in the bottom 30% echelons of all 250+ industries.
The Zacks Industry Rank assesses the vigor of our specific industry groups by computing the average Zacks Rank of the individual stocks incorporated in the groups. Our research shows that the top 50% rated industries outperform the bottom half by a factor of 2 to 1.
Be sure to follow all of these stock-moving metrics, and many more, on Zacks.com.