In the latest close session, AutoZone (AZO) was up +2.15% at $3,829.27. The stock's performance was ahead of the S&P 500's daily loss of 1.04%. Elsewhere, the Dow saw a downswing of 1.66%, while the tech-heavy Nasdaq depreciated by 1.13%.
Shares of the auto parts retailer have appreciated by 1.31% over the course of the past month, outperforming the Retail-Wholesale sector's loss of 3.1%, and lagging the S&P 500's gain of 1.75%.
The upcoming earnings release of AutoZone will be of great interest to investors. The company's earnings report is expected on March 3, 2026. In that report, analysts expect AutoZone to post earnings of $27.59 per share. This would mark a year-over-year decline of 2.47%. Simultaneously, our latest consensus estimate expects the revenue to be $4.3 billion, showing a 8.82% escalation compared to the year-ago quarter.
Looking at the full year, the Zacks Consensus Estimates suggest analysts are expecting earnings of $149.02 per share and revenue of $20.47 billion. These totals would mark changes of +2.86% and +8.07%, respectively, from last year.
Investors should also pay attention to any latest changes in analyst estimates for AutoZone. These latest adjustments often mirror the shifting dynamics of short-term business patterns. As a result, upbeat changes in estimates indicate analysts' favorable outlook on the business health and profitability.
Based on our research, we believe these estimate revisions are directly related to near-term stock moves. We developed the Zacks Rank to capitalize on this phenomenon. Our system takes these estimate changes into account and delivers a clear, actionable rating model.
The Zacks Rank system, spanning from #1 (Strong Buy) to #5 (Strong Sell), boasts an impressive track record of outperformance, audited externally, with #1 ranked stocks yielding an average annual return of +25% since 1988. Over the past month, there's been a 0.04% fall in the Zacks Consensus EPS estimate. As of now, AutoZone holds a Zacks Rank of #3 (Hold).
From a valuation perspective, AutoZone is currently exchanging hands at a Forward P/E ratio of 25.15. For comparison, its industry has an average Forward P/E of 18.75, which means AutoZone is trading at a premium to the group.
We can also see that AZO currently has a PEG ratio of 1.78. This metric is used similarly to the famous P/E ratio, but the PEG ratio also takes into account the stock's expected earnings growth rate. AZO's industry had an average PEG ratio of 1.1 as of yesterday's close.
The Automotive - Retail and Wholesale - Parts industry is part of the Retail-Wholesale sector. This group has a Zacks Industry Rank of 195, putting it in the bottom 21% of all 250+ industries.
The Zacks Industry Rank gauges the strength of our individual industry groups by measuring the average Zacks Rank of the individual stocks within the groups. Our research shows that the top 50% rated industries outperform the bottom half by a factor of 2 to 1.
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AutoZone, Inc. (AZO): Free Stock Analysis ReportThis article originally published on Zacks Investment Research (zacks.com).
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