Subscribe To

Price Alert Latest News Economic Calendar News

AZO / Autozone analysts upbeat as 4Q earnings drive brighter outlook

UBS analysts reacted positively to Autozone Inc's fourth-quarter 2023 earnings per share, which beat estimates driven by its gross margin strength despite what they believe were unfavorable weather conditions in certain regions that pressured the first half of the quarter. In an update to clients, they noted that Autozone opened the majority of its mega hubs in the last few weeks of 4Q, which should help the aftermarket automotive parts and accessories retailer sustain share gains within the Do It For Me (DIFM) segment for an extended period while acting as a positive driver for the stock over time. Read More

Demo Live Account See Partner Details

Content Topics

Autozone

Analysts

Upbeat

Earnings

Drive

Brighter

Outlook

Stock

AZO

Posted: Sep 20 2023, 13:01

Author Name: Proactive Investors

AZO News

By Zacks Investment Research
November 2, 2023

Why Investors Need to Take Advantage of These 2 Retail and Wholesale Stocks Now

Investors looking for ways to find stocks that are set to beat quarterly earnings estimates should check out the Zacks Earnings ESP.

By Seeking Alpha
November 2, 2023

AutoZone Has Proven Formula To Outperformance, But There Are Risks

AutoZone is a high-quality business with impressive financial figures, including strong returns on capital and high margins. The company operates in a

By Zacks Investment Research
October 31, 2023

Here's Why AutoZone (AZO) is a Strong Value Stock

Whether you're a value, growth, or momentum investor, finding strong stocks becomes easier with the Zacks Style Scores, a top feature of the Zacks Pre

By Zacks Investment Research
October 19, 2023

AutoZone (AZO) Up 1.8% Since Last Earnings Report: Can It Continue?

AutoZone (AZO) reported earnings 30 days ago. What's next for the stock?

By Zacks Investment Research
October 11, 2023

Why AutoZone (AZO) is a Top Value Stock for the Long-Term

Wondering how to pick strong, market-beating stocks for your investment portfolio? Look no further than the Zacks Style Scores.

By Zacks Investment Research
September 22, 2023

2 Auto Parts Retailers Well-Poised to Face Industry Challenges

Despite challenges like high interest rates, a UAW strike, logistics issues and increasing costs, auto parts retailers like ORLY and AZO appear well-p

By The Motley Fool
September 20, 2023

Why AutoZone Stock Raced 4% Higher on Wednesday

Not one, not two, but three analysts upped their price targets on the retailer's shares. There was one dissenter, however.

By Proactive Investors
September 20, 2023

Autozone analysts upbeat as 4Q earnings drive brighter outlook

UBS analysts reacted positively to Autozone Inc's fourth-quarter 2023 earnings per share, which beat estimates driven by its gross margin strength des

Risk Disclosure:

Trading in financial instruments and/or cryptocurrencies involves high risks including the risk of losing some, or all, of your investment amount, and may not be suitable for all investors. Prices of cryptocurrencies are extremely volatile and may be affected by external factors such as financial, regulatory or political events. Trading on margin increases the financial risks.
Before deciding to trade in financial instrument or cryptocurrencies you should be fully informed of the risks and costs associated with trading the financial markets, carefully consider your investment objectives, level of experience, and risk appetite, and seek professional advice where needed.
We would like to remind you that the data contained in this website is not necessarily real-time nor accurate.
The data and prices on the website are not necessarily provided by any market or exchange, but may be provided by market makers, and so prices may not be accurate and may differ from the actual price at any given market, meaning prices are indicative and not appropriate for trading purposes. We and any provider of the data contained in this website will not accept liability for any loss or damage as a result of your trading, or your reliance on the information contained within this website.
It is prohibited to use, store, reproduce, display, modify, transmit or distribute the data contained in this website without the explicit prior written permission of us and/or the data provider. All intellectual property rights are reserved by the providers and/or the exchange providing the data contained in this website. We may be compensated by the advertisers that appear on the website, based on your interaction with the advertisements or advertisers.