
NYSE:AZO
This summary was created by AI, based on 4 opinions in the last 12 months.
Autozone Inc. (AZO-N) has received mixed reviews from experts, indicating a complex investment landscape. Despite experiencing a slight decline of 2% over the past six months and a more significant pullback of 22% from recent highs, the company is recognized for its strong buyback strategy, having reduced its shares by 45% since the end of 2015. One review highlights that the stock is up an impressive 3,582% over the last two decades, hinting at its long-term resilience. Additionally, the aging car population in the U.S. presents a unique opportunity for Autozone, as consumers are more likely to maintain their existing vehicles rather than purchase new ones. With earnings reports approaching, there is a sense of optimism among some experts that the firm’s consistent performance could lead to better results in the next quarter.
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.)