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AutoZone (AZO) Stock Sinks As Market Gains: What You Should Know
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AutoZone (AZO - Free Report) closed the most recent trading day at $3,427.80, moving -1.96% from the previous trading session. This change lagged the S&P 500's 0.19% gain on the day. On the other hand, the Dow registered a gain of 0.19%, and the technology-centric Nasdaq increased by 0.1%.
Heading into today, shares of the auto parts retailer had gained 1.92% over the past month, lagging the Retail-Wholesale sector's gain of 6.53% and the S&P 500's gain of 9.13%.
The investment community will be paying close attention to the earnings performance of AutoZone in its upcoming release. The company is slated to reveal its earnings on May 26, 2026. The company is expected to report EPS of $36.09, up 2.06% from the prior-year quarter. Meanwhile, the Zacks Consensus Estimate for revenue is projecting net sales of $4.86 billion, up 8.8% from the year-ago period.
Looking at the full year, the Zacks Consensus Estimates suggest analysts are expecting earnings of $148.93 per share and revenue of $20.53 billion. These totals would mark changes of +2.8% and +8.38%, respectively, from last year.
Investors might also notice recent changes to analyst estimates for AutoZone. These recent revisions tend to reflect the evolving nature of short-term business trends. As a result, we can interpret positive estimate revisions as a good sign for the business outlook.
Our research shows that these estimate changes are directly correlated with near-term stock prices. To capitalize on this, we've crafted the Zacks Rank, a unique model that incorporates these estimate changes and offers a practical rating system.
The Zacks Rank system, running from #1 (Strong Buy) to #5 (Strong Sell), holds an admirable track record of superior performance, independently audited, with #1 stocks contributing an average annual return of +25% since 1988. Over the past month, the Zacks Consensus EPS estimate has moved 0.23% lower. AutoZone currently has a Zacks Rank of #3 (Hold).
With respect to valuation, AutoZone is currently being traded at a Forward P/E ratio of 23.48. This signifies a premium in comparison to the average Forward P/E of 18.92 for its industry.
We can additionally observe that AZO currently boasts a PEG ratio of 1.79. This popular metric is similar to the widely-known P/E ratio, with the difference being that the PEG ratio also takes into account the company's expected earnings growth rate. By the end of yesterday's trading, the Automotive - Retail and Wholesale - Parts industry had an average PEG ratio of 1.66.
The Automotive - Retail and Wholesale - Parts industry is part of the Retail-Wholesale sector. This group has a Zacks Industry Rank of 168, putting it in the bottom 32% of all 250+ industries.
The strength of our individual industry groups is measured by the Zacks Industry Rank, which is calculated based on the average Zacks Rank of the individual stocks within these groups. Our research shows that the top 50% rated industries outperform the bottom half by a factor of 2 to 1.
Don't forget to use Zacks.com to keep track of all these stock-moving metrics, and others, in the upcoming trading sessions.
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AutoZone (AZO) Stock Sinks As Market Gains: What You Should Know
AutoZone (AZO - Free Report) closed the most recent trading day at $3,427.80, moving -1.96% from the previous trading session. This change lagged the S&P 500's 0.19% gain on the day. On the other hand, the Dow registered a gain of 0.19%, and the technology-centric Nasdaq increased by 0.1%.
Heading into today, shares of the auto parts retailer had gained 1.92% over the past month, lagging the Retail-Wholesale sector's gain of 6.53% and the S&P 500's gain of 9.13%.
The investment community will be paying close attention to the earnings performance of AutoZone in its upcoming release. The company is slated to reveal its earnings on May 26, 2026. The company is expected to report EPS of $36.09, up 2.06% from the prior-year quarter. Meanwhile, the Zacks Consensus Estimate for revenue is projecting net sales of $4.86 billion, up 8.8% from the year-ago period.
Looking at the full year, the Zacks Consensus Estimates suggest analysts are expecting earnings of $148.93 per share and revenue of $20.53 billion. These totals would mark changes of +2.8% and +8.38%, respectively, from last year.
Investors might also notice recent changes to analyst estimates for AutoZone. These recent revisions tend to reflect the evolving nature of short-term business trends. As a result, we can interpret positive estimate revisions as a good sign for the business outlook.
Our research shows that these estimate changes are directly correlated with near-term stock prices. To capitalize on this, we've crafted the Zacks Rank, a unique model that incorporates these estimate changes and offers a practical rating system.
The Zacks Rank system, running from #1 (Strong Buy) to #5 (Strong Sell), holds an admirable track record of superior performance, independently audited, with #1 stocks contributing an average annual return of +25% since 1988. Over the past month, the Zacks Consensus EPS estimate has moved 0.23% lower. AutoZone currently has a Zacks Rank of #3 (Hold).
With respect to valuation, AutoZone is currently being traded at a Forward P/E ratio of 23.48. This signifies a premium in comparison to the average Forward P/E of 18.92 for its industry.
We can additionally observe that AZO currently boasts a PEG ratio of 1.79. This popular metric is similar to the widely-known P/E ratio, with the difference being that the PEG ratio also takes into account the company's expected earnings growth rate. By the end of yesterday's trading, the Automotive - Retail and Wholesale - Parts industry had an average PEG ratio of 1.66.
The Automotive - Retail and Wholesale - Parts industry is part of the Retail-Wholesale sector. This group has a Zacks Industry Rank of 168, putting it in the bottom 32% of all 250+ industries.
The strength of our individual industry groups is measured by the Zacks Industry Rank, which is calculated based on the average Zacks Rank of the individual stocks within these groups. Our research shows that the top 50% rated industries outperform the bottom half by a factor of 2 to 1.
Don't forget to use Zacks.com to keep track of all these stock-moving metrics, and others, in the upcoming trading sessions.