AutoZone, Inc. (AZO) remains a focal point for investors and analysts, with a consistent trend of encouraging returns over the past years, including a remarkable
182% return over the last five years. The recent surge in
options activity highlights the growing interest in the company. Despite some insiders selling their shares, indicating possible hesitancy, there is still
strong investor and broker confidence in AZO as a good investment. The company has seen both upgrades to 'Buy' status and occasional stock movement in contrast to the market trajectory. AZO's outlook presents strong value potential, with its
buyback boost and successful earning reports, including an impressive EPS jump to $28.89 in Q2. Its commitment to share buybacks, even during the sales slowdown, illustrates a conservative approach in challenging times. The company’s upcoming quarterly earnings release on September 24, 2024, could provide further insight. Investors need to be observant of its financial performance amidst the possibility of stock splitting and Chinese auto parts tariffs. Despite some minor drawbacks, AZO is considered a growth stock for the long-term.
Autozone AZO News Analytics from Tue, 31 Oct 2023 07:00:00 GMT to Sun, 15 Sep 2024 09:54:38 GMT -
Rating 8
- Innovation 7
- Information 9
- Rumor 6
