Jim Cramer continues to stand by
AutoZone (AZO), holding it in high regard.
KBC Group NV and Hantz Financial Services Inc. amongst others have substantial holdings in AutoZone, reflecting a positive investor sentiment. Despite a general market slip,
AutoZone's shares have risen, outperforming broader markets. However,
Highland Capital Management LLC and Avior Wealth Management LLC among others, have reportedly sold their shares in AutoZone. News also suggests a possible future
stock split for AutoZone. There is a consistent debate around the estimated
fair value of the company. Some
analysts remain bullish about AutoZone, in spite of a
slowdown in earnings and the company's Q1 earnings and revenue reportedly missing those of the estimated values for the same quarter.
Revenue estimates have not been met in Q4 earnings, and a potential
sales re-acceleration holds promise for a bullish case. The company's sales have grown though it fell short of the estimates. Despite these underlying factors, AutoZone's stock had seen a drop when the market gained. However, expert consensus rating given it a '
Moderate Buy'.
Autozone AZO News Analytics from Mon, 12 Aug 2024 07:00:00 GMT to Sat, 01 Feb 2025 23:35:22 GMT -
Rating 6
- Innovation 3
- Information 7
- Rumor -3
