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NYSE:AZO
This summary was created by AI, based on 4 opinions in the last 12 months.
Autozone Inc. (AZO-N) shows a mixed bag of performance insights from various experts. While the stock has seen a slight decline of 2% over the last six months and is down 8% in the same period, experts remain optimistic about the company's resilience and ability to pivot effectively. The company has aggressively bought back shares, reducing its total shares outstanding by an impressive 45% since the end of 2015, which contributes to a significant 3,582% increase over the last two decades. With the age of cars in the U.S. increasing and new vehicles becoming increasingly expensive, there is a growing market for maintaining older cars, positioning Autozone as a key player in providing auto parts. With earnings expected to improve soon, many feel that current levels present a buying opportunity.
Auto parts retailer. Trading at about 13X earnings. There was a scare about 2 months ago when Amazon (AMZN-Q) decided they wanted to be in this space. Last quarter results were weak due to milder weather and some delay in tax refunds. Trading at 13X earnings with a 6% free cash flow yield. They can provide services Amazon can’t, such as instructional videos, as well as lending tools and disposing of used oil. (Analysts’ price target is $737.50.)