Valued at a market cap of $64.1 billion, AutoZone, Inc. (AZO) retails and distributes automotive alternative components and equipment. The Memphis, Tennessee-based firm gives numerous merchandise for vehicles, sport utility automobiles, vans, and lightweight vans, together with new and remanufactured automotive arduous components, upkeep gadgets, equipment, and non-automotive merchandise. It’s anticipated to announce its fiscal This autumn earnings for 2025 on Tuesday, Sept. 23.
Forward of this occasion, analysts mission this automotive alternative components firm to report a revenue of $51.42 per share, up 6.9% from $48.11 per share within the year-ago quarter. The corporate has missed Wall Avenue’s bottom-line estimates in every of the final 4 quarters. Its earnings of $35.36 per share in Q3 fell wanting the consensus estimates by 3.9%.
For the total yr, analysts count on AZO’s EPS to be $147.67, up 1.1% from $146.14 per share in fiscal 2024. Its EPS is anticipated to additional develop 14.2% year-over-year (YoY) to $168.64 in fiscal 2026.
Shares of AutoZone have outpaced the S&P 500 Index’s ($SPX) 17.1% return over the previous 52 weeks, with its shares up 22.9% over the identical time-frame. Nonetheless, it has lagged behind the Client Discretionary Choose Sector SPDR Fund’s (XLY) 23.9% uptick over the identical interval.
AutoZone’s shares plunged 3.4% on Might 27, after it delivered its Q3 earnings outcomes. Whereas its income rose 5.4% YoY to $4.5 billion, beating estimates, web revenue slipped 3.6% yearly to $35.36 per share, lacking the mark by 3.9% – signaling a combined bag of development and stress. Regardless of the top-line development, larger prices of gross sales and elevated working bills weighed on its profitability, dampening investor confidence.
Wall Avenue analysts are extremely optimistic about AZO’s inventory, with an total “Robust Purchase” score. Amongst 26 analysts overlaying the inventory, 21 suggest a “Robust Purchase,” two point out a “Reasonable Purchase,” and three advise a “Maintain.” The imply value goal for AZO is $4,125.46, indicating an 8.7% potential upside from the present ranges.
On the date of publication, Neharika Jain didn’t have (both instantly or not directly) positions in any of the securities talked about on this article. All data and information on this article is solely for informational functions. This text was initially printed on Barchart.com
